VirnetX Holding Corporation (N:VHC)
Business Focus: IT Services & Consulting
| Sector: Technology | Industry: IT Services & Consulting |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | Suite 206, 308 Dorla Court ZEPHYR COVE NV 89448 |
| Tel: | 1-415-5050456 |
| Website: | https://www.virnetx.com |
| IR: | See website |
| Key People | ||
| Kendall Larsen Chairman of the Board of Directors, President and Chief Executive Officer | Katherine Allanson Chief Financial Officer | Darl Mcbride Chief Operating Officer | Robert D. Short Chief Scientist, Director |
| Business Overview |
| VirnetX Holding Corporation is an Internet security software and technology company with patented technology for Zero Trust Network Access (ZTNA) based secure network communications. The Company's software and technology solutions include Secure Domain Name Registry and Technology, VirnetX One, War Room, VirnetX Matrix, and GABRIEL Connection Technology, are designed to be device and location-independent, and enable a secure real-time communication environment for all types of enterprise applications, services, and critical infrastructures. Its War Room software product provides video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it. Its VirnetX Matrix product provides security for Internet-enabled enterprise applications and their connected devices, and for control systems. Its GABRIEL Collaboration Suite is a set of communication applications and tools that use its GABRIEL Secure Communication Platform. |
| Financial Overview |
| For the three months ended 31 March 2024, VirnetX Holding Corporation revenues remained flat at $2K. Net loss decreased 4% to $4.3M. Revenues reflect market conditions. Lower net loss reflects Other General, Selling and admintrative decrease of 18% to $3.4M (expense), Stock-based Compensation in SGA decrease of 38% to $230K (expense), Stock-based Compensation in R&D decrease of 17% to $258K (expense). |
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