For the quarter ending 2026-03-31, VSEEW made $3,160,185 in revenue. -$2,600,262 in net income. Net profit margin of -82.28%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 3,160,185 | 3,925,925 | 3,980,655 | 3,390,119 |
| Cost of revenues | 1,962,074 | 2,091,719 | 1,907,359 | 1,801,627 |
| Gross margin | 1,198,111 | 1,834,206 | 2,073,296 | 1,588,492 |
| Compensation and related benefits | 1,732,003 | 2,358,447 | 1,213,678 | 1,670,460 |
| Goodwill impairment charges | - | 0 | 0 | - |
| General and administrative | 2,440,383 | 2,915,073 | 2,917,139 | 2,172,772 |
| Transaction expenses | - | 0 | 0 | 0 |
| Total operating expenses | 4,172,386 | 5,273,520 | 4,130,817 | 3,843,232 |
| Net operating loss | -2,974,275 | -3,439,314 | -2,057,521 | -2,254,740 |
| Interest expense | 113,098 | 1,084,751 | 755,866 | 240,579 |
| Other income, net | 0 | -135,575 | -5 | 167,470 |
| Change in fair value of financial instruments | -143,040 | 2,862,622 | -2,828,647 | 154,825 |
| Gain on extinguishment of financial liabilities | 367,809 | 10,598.5* | - | - |
| Loss on extinguishment of debt | - | -63,281.5* | 0 | -126,125 |
| Loss on issuance of financial instruments | 0 | -225,000 | -305,000 | 0 |
| Total other income (expense), net | 397,751 | -4,360,631 | 1,767,776 | -354,059 |
| Loss before provision for income taxes | -2,576,524 | -7,799,945 | -289,745 | -2,608,799 |
| Provision for income taxes | 23,738 | 50,437 | 0 | 4,484 |
| Net loss | -2,600,262 | -7,850,382 | -289,745 | -2,613,283 |
| Net income attributable to non-controlling interest | - | - | - | 0 |
| Net loss attributable to stockholders | - | - | - | -2,613,283 |
| Basic EPS | -0.05 | -0.251 | -0.02 | -0.16 |
| Diluted EPS | -0.05 | -0.251 | -0.02 | -0.16 |
| Basic Average Shares | 47,902,512 | 31,289,096 | 16,549,357 | 16,422,651 |
| Diluted Average Shares | 47,902,512 | 31,289,096 | 16,549,357 | 16,422,651 |
VSEE HEALTH, INC. (VSEEW)
VSEE HEALTH, INC. (VSEEW)