MARKET COMPOSITE
VHC - Virnetx Holding Corp8:00:02 PM 4/24/2024
Price
$5.42
-0.14 (-2.50%)
VirnetX is a publicly traded Internet security software and technology company based in Zephyr Cove, Nevada. VirnetX has been described as being a patent troll, accused of marketing no actual products or services and instead earning its revenue through licensing patents and suing anyone that infringes them. The company has won intellectual property litigation against various technology companies. The company's patent portfolio includes U.S. and international patents in areas such as DNS and network communication. Since 2010, VirnetX has been in litigation with companies including Apple, Cisco, and Microsoft. Separately, in December 2014, Microsoft and VirnetX settled patent disputes over Skype technology for $23 million. In their Apple case, VirnetX worked together with SAIC, and was awarded $368 million in damages for FaceTime infringement. That ruling was partially vacated in August 2014, but two patents were confirmed to be infringed by the United States Court of Appeals for the Federal Circuit. In December 2014, VirnetX opened access to their Gabriel platform, which builds upon their patents, and is implemented as small to medium-sized business enterprise collaboration software.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue0-100%
Operating Income-7.8MM+38%
Operating Expenses7.8MM+38%
Net Income-7.1MM+45%
R&D2.4MM+95%
G&A5.4MM+22%
Stock Chart

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Stock news

    VirnetX Holding Corporation (NYSE: VHC) today announced that it has established an advisory board comprised of four retired senior U.S. Air Force leaders. The board will assist and advise on business development and operational direction of VirnetX's Zero Trust Network Access security technology as a necessary layer of security for defense communications and data management to Department of Defense government officials and commercial contractors.

    Samsung Electronics America, Inc., has partnered with VirnetX Holding Corporation (NYSE: VHC), an Internet security software and technology company, to outfit the Skinwalker Ranch investigation team's world-class command center with cutting-edge displays and collaboration tools. The team currently uses the technology to scientifically document and analyze unidentified aerial phenomena at the 512-acre ranch, where its work is also the subject of the History Channel's hit show, "The Secret of Skin

    The U.S. Supreme Court on Tuesday declined to hear patent-licensing company VirnetX's bid to revive a $502.8 million jury verdict it won against Apple in a dispute over internet-security patents. The justices turned away Zephyr Cove, Nevada-based VirnetX's appeal of a lower court's decision to overturn the verdict against Cupertino, California-based Apple that had been reached by a jury in Tyler, Texas. VirnetX had challenged the U.S. Patent and Trademark Office's decisions to invalidate its p...

    We can readily understand why investors are attracted to unprofitable companies. For example, although...

    VirnetX Holding Corporation (NYSE: VHC), an Internet security software and technology company, today announced it will webcast a special fireside chat with CEO Kendall Larsen on November 17, 2023 at 9 a.m. PST. The discussion will provide a snapshot of the Company's activities in 2023 and preview where the Company is headed in 2024 and beyond. The fireside chat with Kendall Larsen will be webcast at: https://www.webcaster4.com/Webcast/Page/2728/49438

    VirnetX Holding Corporation (NYSE: VHC) today announced it has signed a non-exclusive agreement with Zeleration Technology, creating a new partnership for the sale, integration, and support of VirnetX's Cybersecurity and Secure Communication Solutions, within Zeleration's ecosystem, first catering to businesses in consulting, finance, accounting, and law.

    VirnetX Holding Corporation (NYSE: VHC) today announced it has signed an agreement for an equity investment in OmniTeq, a prominent provider of customized military and government Artificial Intelligence (AI) solutions. VirnetX takes an equity position in OmniTeq and will become the exclusive provider of cybersecurity solutions for OmniTeq's AI offerings. Along with collaborative development of next-generation cybersecurity and protective AI solutions, OmniTeq will sell VirnetX's Matrix and War R

    VirnetX Holding ( NYSE:VHC ) First Half 2023 Results Key Financial Results Net loss: US$15.8m (loss widened by 104...

    Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

    VirnetX™ Holding Corporation (NYSE: VHC), an Internet security software and technology company, today announced that the International Association of Certified ISAOs (IACI), headquartered at NASA's Kennedy Space Center, Florida, has deployed the patented VirnetX Matrix™ Zero Trust Network Architecture (ZTNA) and VirnetX War Room™ secure video conferencing to protect sensitive communications for IACI and to support public and private critical infrastructure owners and operators safeguard their ap