Vivani Medical, Inc. (VANI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 130K | 0 | 0 | 0 | 0 | 89K | 0 | 0 | 0 | 98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -130K | 0 | 0 | 0 | 0 | -89K | 0 | 0 | 0 | -98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | 100% | - | - | - | 9.18% | - | - | - | - | - | - | - | - | - | - | - | 100% | - | 100% |
| Operating Expenses | 6.69M | 6.81M | 6.72M | 7.46M | 6.56M | 6.37M | 6.31M | 5.68M | 6.23M | 6.12M | 7.14M | 7M | 6.6M | 7.79M | 5.44M | 4.09M | 3.91M | 3.55M | 3.48M | 3.31M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 2.43M | 2.18M | 2.21M | 2.7M | 2.34M | 2.07M | 2.11M | 2.17M | 2.5M | 1.41M | 2.7M | 3.14M | 2.65M | 1.66M | 1.58M | 884K | 1.23M | 573K | 617K | 555K |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 4.26M | 4.63M | 4.52M | 4.76M | 4.22M | 4.3M | 4.2M | 3.51M | 3.73M | 4.71M | 4.44M | 3.86M | 3.96M | 4.43M | 3.86M | 3.2M | 2.68M | 2.98M | 2.87M | 2.75M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -6.82M | -6.81M | -6.72M | -7.46M | -6.56M | -6.46M | -6.31M | -5.68M | -6.23M | -6.22M | -7.14M | -7M | -6.6M | -7.79M | -5.44M | -4.09M | -3.91M | -3.55M | -3.48M | -3.31M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -3.97% | -5.42% | -6.59% | -31.35% | -5.3% | -3.91% | 11.69% | 18.88% | 5.67% | 20.19% | -31.23% | -71.35% | -68.95% | -119.56% | -56.21% | -23.55% | -31.33% | -178.49% | -117.54% | -45.86% |
| EBITDA | -6.69M | -6.7M | -6.62M | -7.36M | -6.46M | -6.37M | -6.2M | -5.58M | -6.13M | -6.12M | -7.07M | -6.92M | -6.49M | -7.68M | -5.34M | -4M | -3.82M | -3.46M | -3.4M | -3.22M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -3.59% | -5.09% | -6.83% | -31.88% | -5.34% | -4.12% | 12.39% | 19.38% | 5.62% | 20.33% | -32.38% | -73.08% | -69.8% | -121.65% | -57.33% | -24.11% | -32.46% | -175.44% | -114.94% | -43.37% |
| D&A (Non-Cash Add-back) | 130K | 115K | 105K | 102K | 102K | 89K | 112K | 100K | 99K | 98K | 71K | 80K | 108K | 110K | 101K | 87K | 83K | 83K | 89K | 85K |
| EBIT | -6.82M | -6.81M | -6.72M | -7.46M | -6.56M | -6.05M | -6.31M | -5.68M | -6.23M | -6.03M | -7.14M | -7M | -6.6M | -6.09M | -5.44M | -4.09M | -3.91M | -3.55M | -3.48M | -3.31M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 37K | 177K | 195K | 318K | 255K | 410K | 268K | 325K | 188K | 191K | 362K | 477K | 283K | 506K | 6.87M | -16K | -17K | -72K | -6K | 633K |
| Pretax Income | -6.78M | -6.63M | -6.53M | -7.14M | -6.3M | -6.05M | -6.04M | -5.36M | -6.04M | -6.03M | -6.78M | -6.53M | -6.32M | -7.28M | 1.42M | -4.1M | -3.92M | -3.62M | -3.49M | -2.67M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -6.78M | -6.63M | -6.53M | -7.14M | -6.3M | -6.05M | -6.04M | -5.36M | -6.04M | -6.03M | -6.78M | -6.53M | -6.32M | -7.28M | 1.42M | -4.1M | -3.92M | -3.62M | -3.49M | -2.67M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -7.58% | -9.64% | -8.09% | -33.38% | -4.35% | -0.4% | 10.93% | 17.93% | 4.42% | 17.27% | -576.6% | -59.05% | -61.01% | -101.22% | 140.76% | -53.38% | -31.37% | -180.4% | -117.78% | 13.71% |
| Net Income (Continuing) | -6.78M | -6.63M | -6.53M | -7.14M | -6.3M | -6.05M | -6.04M | -5.36M | -6.04M | -6.03M | -6.78M | -6.53M | -6.32M | -7.28M | 1.42M | -4.1M | -3.92M | -3.62M | -3.49M | -2.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08 | -0.09 | -0.11 | -0.12 | -0.11 | -0.11 | -0.11 | -0.10 | -0.12 | -0.12 | -0.13 | -0.13 | -0.12 | -0.13 | 0.22 | -0.08 | -0.12 | -0.09 | -0.11 | -0.08 |
| EPS Growth % | 27.27% | 18.18% | 0% | -23.33% | 8.33% | 8.33% | 15.38% | 25.15% | 0% | 7.69% | -159.09% | -60.1% | 0% | -41.46% | 300% | -1.5% | -32.89% | -64.7% | -58.73% | 46.67% |
| EPS (Basic) | -0.08 | -0.09 | -0.11 | -0.12 | -0.11 | -0.11 | -0.11 | -0.10 | -0.12 | -0.12 | -0.13 | -0.13 | -0.12 | -0.13 | 0.22 | -0.08 | -0.12 | -0.09 | -0.11 | -0.08 |
| Diluted Shares Outstanding | 81.27M | 62.39M | 59.71M | 59.24M | 59.24M | 57.42M | 55.25M | 55.02M | 52.2M | 51.02M | 50.84M | 50.8M | 50.76M | 50.74M | 38.48M | 50.73M | 33.09M | 39.41M | 33.09M | 28.67M |
| Basic Shares Outstanding | 81.27M | 62.39M | 59.71M | 59.24M | 59.24M | 57.42M | 55.25M | 55.02M | 52.2M | 51.02M | 50.84M | 50.8M | 50.76M | 50.74M | 37.97M | 50.73M | 33.09M | 39.41M | 33.09M | 28.67M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |