VSEE

Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 3.73 M3.32 M3.39 M3.98 M3.93 M 14.62 M Gross profit 2.38 M1.86 M1.59 M2.07 M1.83 M 7.36 M Operating expenses 5.41 M3.69 M3.84 M4.13 M5.27 M 16.94 M Selling/general/admin expenses 3.56 M2.03 M2.17 M2.92 M2.92 M 10.04 M Research & development ————— — Operating income -3.03 M-1.83 M-2.25 M-2.06 M-3.44 M -9.58 M Non-Operating Income, Total -154.03 K-2.11 M-354.06 K1.77 M-4.36 M -5.06 M Interest expense, net of interest capitalized -255.07 K730.67 K240.58 K755.87 K1.08 M 2.81 M Non-Operating Income, excl. Interest Expenses 100.53 K-2.86 M-762.11 K1.01 M-5.31 M -7.92 M Unusual income/expense 50415.54 K167.47 K-5-135.57 K 47.43 K Pretax income -3.18 M-3.95 M-2.61 M-289.75 K-7.8 M -14.64 M Equity in earnings ————— — Taxes 26.68 K13.51 K4 484050.44 K 68.43 K Non-controlling/minority interest 33.75 K00—— — After tax other income/expense ————— — Net income before discontinued operations -3.21 M-3.96 M-2.61 M-289.75 K-7.85 M -14.71 M Discontinued operations ————— — Net income -3.21 M-3.96 M-2.61 M-289.75 K-7.85 M -14.71 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -3.21 M-3.96 M-2.61 M-289.75 K-7.85 M -14.71 M Basic earnings per share (Basic EPS) -1.96-0.24-0.16-0.02-0.31 -0.73 Diluted earnings per share (Diluted EPS) -1.96-0.24-0.16-0.02-0.31 -0.73 Average basic shares outstanding 10.21 M16.31 M16.42 M16.55 M20.14 M 69.43 M Diluted shares outstanding 10.21 M16.31 M16.42 M16.55 M20.14 M 69.43 M EBITDA -1.8 M-1.19 M-2.17 M-1.97 M-1.14 M -6.48 M EBIT -3.03 M-1.83 M-2.25 M-2.06 M-3.44 M -9.58 M Cost of revenue 1.35 M1.46 M1.8 M1.91 M2.09 M 7.26 M Other cost of goods sold —67.91 K——— — Depreciation & amortization (cash flow) 1.22 M638.49 K85.99 K85.99 K2.3 M 3.11 M