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VANI

Vivani Medical, Inc.

Company overview

Market capitalization
$112.75M
Employees
42
Latest publication
2026-09-29
About Vivani Medical, Inc.

Vivani Medical, Inc., a clinical-stage biopharmaceutical company, engages in the development of miniaturized and subdermal drug implants that treat chronic diseases. The company uses its NanoPortal implant technology to develop and potentially commercialize drug implant candidates, alone or in collaboration with pharmaceutical company partners, to address causes of poor clinical outcomes in the treatment of chronic diseases. Its pipeline includes NPM-139 for chronic weight management in patients who are obese or overweight; NPM-133 a semaglutide implant for the treatment of patients with type 2 diabetes; NPM-115, an exenatide implant candidate for chronic weight management in patients who are obese or overweight; and OKV-119, an exenatide implant for the treatment of obesity and diabetes in companion animals, including cats and dogs. The company is headquartered in Alameda, California.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Revenue0USD0USD0USD0USD0USD398,000USD0USD0USD
Cost Of Revenue130,000USD115,000USD105,000USD—102,000USD89,000USD112,000USD100,000USD
Gross Profit-130,000USD-115,000USD-105,000USD—-102,000USD-89,000USD-112,000USD-100,000USD
Research Development4,260,000USD4,630,000USD4,519,000USD4,759,000USD4,217,000USD4,297,000USD4,203,000USD3,513,000USD
Selling General Administrative2,427,000USD2,180,000USD2,206,000USD2,703,000USD2,340,000USD2,157,000USD2,106,000USD2,168,000USD
Total Operating Expenses6,687,000USD6,810,000USD6,725,000USD7,462,000USD6,557,000USD6,371,000USD6,309,000USD5,681,000USD
Operating Income-6,817,000USD-6,810,000USD-6,725,000USD-7,462,000USD-6,557,000USD-6,460,000USD-6,309,000USD-5,681,000USD
Income Before Tax-6,780,000USD-6,633,000USD-6,530,000USD-7,144,000USD-6,302,000USD-6,050,000USD-6,041,000USD-5,356,000USD
Net Income-6,780,000USD-6,633,000USD-6,530,000USD-7,144,000USD-6,302,000USD-6,050,000USD-6,041,000USD-5,356,000USD
Net Income From Continuing Ops-6,780,000USD-6,633,000USD-6,530,000USD-7,144,000USD-6,302,000USD-6,050,000USD-6,041,000USD-5,356,000USD
Ebit-6,817,000USD-6,810,000USD-6,725,000USD-7,462,000USD-6,557,000USD-6,050,000USD-6,309,000USD-5,681,000USD
Ebitda-6,687,000USD-6,695,000USD-6,620,000USD-7,360,000USD-6,455,000USD-5,961,000USD-6,197,000USD-5,581,000USD
Depreciation And Amortization130,000USD115,000USD105,000USD102,000USD102,000USD89,000USD112,000USD100,000USD
Reconciled Depreciation130,000USD115,000USD105,000USD102,000USD102,000USD89,000USD112,000USD100,000USD
Total Other Income Expense Net37,000USD177,000USD195,000USD318,000USD255,000USD410,000USD268,000USD325,000USD
Selling And Marketing Expenses—————99,000USD—100,000USD
Income Tax Expense—————-55,724USD——
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Revenue0USD0USD0USD0USD260USD1,000USD3,379,000USD6,896,000USD
Cost Of Revenue424,000USD400,000USD357,000USD381,000USD345,000USD167,000USD2,152,000USD4,888,000USD
Gross Profit-424,000USD-400,000USD-357,000USD-381,000USD-345,000USD-167,000USD1,227,000USD2,008,000USD
Research Development18,126,000USD15,745,000USD16,968,000USD14,169,000USD11,002,000USD6,865,000USD16,497,000USD10,205,000USD
Selling General Administrative9,430,000USD8,932,000USD9,997,000USD5,372,000USD2,321,000USD2,378,000USD9,226,000USD10,692,000USD
Total Operating Expenses27,132,000USD24,677,000USD26,608,000USD21,241,000USD13,323,000USD9,243,000USD31,824,000USD36,833,000USD
Operating Income-27,556,000USD-24,677,000USD-26,965,000USD-21,241,000USD-13,323,000USD-9,243,000USD-30,597,000USD-34,825,000USD
Income Before Tax-26,609,000USD-23,486,000USD-25,652,000USD-13,889,000USD-12,773,000USD-9,279,000USD-33,592,000USD-35,094,000USD
Net Income-26,609,000USD-23,486,000USD-25,652,000USD-13,889,000USD-12,773,000USD-9,279,000USD-33,592,000USD-35,094,000USD
Net Income From Continuing Ops-26,609,000USD-23,486,000USD-26,910,000USD-13,889,000USD-12,773,000USD-9,279,000USD——
Ebit-27,556,000USD-24,677,000USD-25,652,000USD-19,541,000USD-13,323,000USD-9,243,000USD-33,592,000USD-35,094,000USD
Ebitda-27,132,000USD-24,277,000USD-25,295,000USD-19,160,000USD-12,978,000USD-8,889,000USD-33,178,000USD-34,659,000USD
Depreciation And Amortization424,000USD400,000USD357,000USD381,000USD345,000USD354,000USD414,000USD435,000USD
Reconciled Depreciation424,000USD400,000USD369,000USD381,000USD345,000USD354,000USD——
Total Other Income Expense Net947,000USD1,191,000USD1,313,000USD7,352,000USD550,000USD-36,000USD-2,995,000USD-269,000USD
Income Tax Expense—-23,486,000USD—-7,352,000USD-641,000USD147,703USD362,000USD86,000USD
Selling And Marketing Expenses——357,000USD——701,000USD6,101,000USD11,336,000USD
Unclassified Operating Expenses———1,700,000USD———4,600,000USD
Interest Expense———7,352,000USD550,000USD0USD0USD0USD
Net Income Applicable To Common Shares————-8,921,000USD-14,880,000USD——
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets41,639,000USD42,353,000USD39,393,000USD25,046,000USD28,905,000USD35,452,000USD41,561,000USD42,896,000USD
Cash And Equivalents19,894,000USD———————
Total Current Assets21,635,000USD21,548,000USD17,898,000USD4,175,000USD8,715,000USD14,850,000USD20,442,000USD21,399,000USD
Other Current Assets1,032,000USD1,787,000USD1,012,000USD1,547,000USD1,427,000USD1,667,000USD1,837,000USD1,753,000USD
Other Non Current Assets892,000USD———————
Total Liabilities22,672,000USD———————
Total Current Liabilities6,659,000USD6,775,000USD6,602,000USD6,830,000USD6,716,000USD6,199,000USD5,986,000USD6,270,000USD
Other Current Liabilities1,629,000USD———————
Total Stockholder Equity18,967,000USD19,085,000USD15,730,000USD1,309,000USD4,910,000USD11,624,000USD17,610,000USD18,332,000USD
Total Equity Including Noncontrolling Interest18,967,000USD———————
Property Plant Equipment Net19,019,000USD19,368,000USD20,109,000USD19,510,000USD18,723,000USD19,132,000USD19,650,000USD20,027,000USD
Accounts Payable1,195,000USD1,465,000USD1,032,000USD1,434,000USD1,762,000USD1,004,000USD817,000USD815,000USD
Short Term Debt1,843,000USD1,782,000USD1,794,000USD1,386,000USD1,337,000USD1,311,000USD1,348,000USD1,385,000USD
Common Stock9,000USD8,000USD8,000USD6,000USD6,000USD6,000USD6,000USD6,000USD
Retained Earnings-161,683,000USD-155,313,000USD-148,533,000USD-141,900,000USD-135,370,000USD-128,226,000USD-121,924,000USD-115,874,000USD
Accumulated Other Comprehensive Income32,000USD32,000USD30,000USD141,000USD81,000USD42,000USD48,000USD92,000USD
Total Liab—23,268,000USD23,663,000USD23,737,000USD23,995,000USD23,828,000USD23,951,000USD24,564,000USD
Other Current Liab—3,528,000USD3,776,000USD4,010,000USD3,617,000USD3,884,000USD3,821,000USD4,070,000USD
Capital Stock—8,000USD8,000USD6,000USD6,000USD6,000USD6,000USD6,000USD
Cash—19,749,000USD16,232,000USD2,628,000USD6,794,000USD13,008,000USD18,352,000USD19,646,000USD
Cash And Short Term Investments—19,749,000USD16,232,000USD2,628,000USD6,794,000USD13,008,000USD18,352,000USD19,646,000USD
Net Debt—-1,474,000USD2,623,000USD15,665,000USD11,822,000USD5,932,000USD961,000USD33,000USD
Short Long Term Debt Total—18,275,000USD18,855,000USD18,293,000USD18,616,000USD18,940,000USD19,313,000USD19,679,000USD
Net Receivables—12,000USD654,000USD—494,000USD175,000USD253,000USD—
Property Plant Equipment Gross—20,692,000USD23,163,000USD22,460,000USD21,568,000USD21,876,000USD22,291,000USD22,569,000USD
Common Stock Shares Outstanding—81,269,000shares62,389,000shares59,711,000shares59,244,000shares59,236,000shares57,423,000shares55,247,000shares
Non Current Assets Total—20,805,000USD21,495,000USD20,871,000USD20,190,000USD20,602,000USD21,119,000USD21,497,000USD
Non Current Liabilities Total—16,493,000USD17,061,000USD16,907,000USD17,279,000USD17,629,000USD17,965,000USD18,294,000USD
Non Currrent Assets Other—1,437,000USD48,000USD1,361,000USD129,000USD132,000USD131,000USD132,000USD
Net Working Capital—14,773,000USD11,296,000USD-2,655,000USD1,999,000USD8,651,000USD14,456,000USD15,129,000USD
Unclassified Non Current Liabilities—16,493,000USD17,061,000USD16,907,000USD17,279,000USD17,629,000USD17,965,000USD18,294,000USD
Unclassified Equity—174,350,000USD164,217,000USD143,056,000USD140,187,000USD139,796,000USD139,474,000USD134,102,000USD
Unclassified Non Current Assets——1,338,000USD—1,338,000USD1,338,000USD1,338,000USD1,338,000USD
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Assets39,393,000USD41,561,000USD45,797,000USD51,130,000USD5,453,000USD5,217,000USD16,599,000USD10,682,000USD
Other Current Assets1,012,000USD1,837,000USD2,408,000USD2,452,000USD291,000USD348,000USD299,000USD1,395,000USD
Total Liab23,663,000USD23,951,000USD25,036,000USD6,822,000USD2,988,000USD3,267,000USD9,324,000USD7,598,000USD
Total Stockholder Equity15,730,000USD17,610,000USD20,761,000USD44,308,000USD2,465,000USD1,950,000USD7,275,000USD3,084,000USD
Other Current Liab3,776,000USD3,821,000USD3,798,000USD4,690,000USD895,000USD573,000USD5,294,000USD6,126,000USD
Common Stock8,000USD6,000USD5,000USD5,000USD54,649,000USD43,029,000USD264,008,000USD229,019,000USD
Capital Stock8,000USD6,000USD5,000USD109,050,000USD54,649,000USD43,029,000USD——
Retained Earnings-148,533,000USD-121,924,000USD-98,438,000USD-72,786,000USD-58,897,000USD-46,124,000USD-304,784,000USD-269,471,000USD
Cash16,232,000USD18,352,000USD20,654,000USD45,076,000USD2,178,000USD2,081,000USD11,327,000USD4,471,000USD
Cash And Short Term Investments16,232,000USD18,352,000USD20,654,000USD45,076,000USD2,178,000USD2,081,000USD11,327,000USD4,471,000USD
Total Current Assets17,898,000USD20,442,000USD23,062,000USD47,528,000USD2,469,000USD2,429,000USD13,110,000USD9,620,000USD
Total Current Liabilities6,602,000USD5,986,000USD5,723,000USD6,822,000USD2,086,000USD2,185,000USD6,959,000USD7,598,000USD
Net Debt2,623,000USD961,000USD42,000USD-44,121,000USD-366,000USD386,000USD-8,725,000USD-4,471,000USD
Short Term Debt1,794,000USD1,348,000USD1,383,000USD955,000USD910,000USD1,389,000USD237,000USD—
Short Long Term Debt Total18,855,000USD19,313,000USD20,696,000USD955,000USD1,812,000USD2,467,000USD2,602,000USD—
Net Receivables654,000USD253,000USD————455,000USD504,000USD
Accounts Payable1,032,000USD817,000USD542,000USD1,177,000USD281,000USD223,000USD1,093,000USD1,305,000USD
Property Plant Equipment Net20,109,000USD19,650,000USD21,345,000USD1,961,000USD2,784,000USD2,588,000USD3,464,000USD1,025,000USD
Property Plant Equipment Gross23,163,000USD22,291,000USD23,787,000USD4,372,000USD4,815,000USD4,274,000USD——
Accumulated Other Comprehensive Income30,000USD48,000USD140,000USD35,000USD-379,000USD-448,000USD-562,000USD-575,000USD
Common Stock Shares Outstanding62,389,000shares54,981,000shares50,853,000shares38,241,000shares36,250,500shares28,105,000shares15,611,500shares8,595,375shares
Non Current Assets Total21,495,000USD21,119,000USD22,735,000USD3,602,000USD2,984,000USD2,788,000USD3,489,000USD1,062,000USD
Non Current Liabilities Total17,061,000USD17,965,000USD19,313,000USD2,132,000USD902,000USD1,082,000USD2,365,000USD—
Non Currrent Assets Other48,000USD131,000USD52,000USD1,641,000USD200,000USD200,000USD25,000USD37,000USD
Net Working Capital11,296,000USD14,456,000USD17,339,000USD40,706,000USD383,000USD244,000USD——
Unclassified Non Current Assets1,338,000USD1,338,000USD1,337,999USD—————
Unclassified Non Current Liabilities17,061,000USD17,965,000USD19,313,000USD2,132,000USD—1,074,000USD2,365,000USD—
Unclassified Equity164,217,000USD139,474,000USD119,049,000USD8,004,000USD-47,557,000USD-37,536,000USD48,613,000USD44,111,000USD
Other Assets——1USD—27,000USD17,000USD——
Current Deferred Revenue——335,000USD335,000USD-863,000USD335,000USD335,000USD167,000USD
Net Tangible Assets————68,365,000USD-672,000USD——
Other Liab—————4,000USD——
Short Long Term Debt—————637,000USD——
Non Current Liabilities Other—————4,000USD——
Inventory——————1,029,000USD3,250,000USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Depreciation258,000USD
Stock Based Compensation625,000USD
Change To Liabilities477,000USD
Change In Working Capital-77,000USD
Operating Cash Flow-12,231,000USD
Capital Expenditures-102,000USD
Investing Cash Flow-102,000USD
Financing Cash Flow15,547,000USD
Effect Of Forex Changes On Cash2,000USD
Change In Cash3,216,000USD
End Cash Flow20,786,000USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income-6,780,000USD-6,633,000USD-6,530,000USD-7,144,000USD-6,302,000USD-6,050,000USD-6,041,000USD-5,356,000USD
Depreciation130,000USD115,000USD105,000USD102,000USD102,000USD89,000USD112,000USD100,000USD
Stock Based Compensation312,000USD467,000USD276,000USD391,000USD350,000USD402,000USD472,000USD383,000USD
Other Non Cash Items346,000USD-1,000USD39,000USD53,000USD61,000USD86,000USD61,000USD107,000USD
Change To Account Receivables-43,000USD10,000USD-170,000USD-319,000USD78,000USD———
Change In Working Capital108,000USD-667,000USD-241,000USD511,000USD626,000USD-339,000USD-265,000USD-35,000USD
Total Cash From Operating Activities-6,196,000USD-6,719,000USD-6,351,000USD-6,087,000USD-5,163,000USD-5,812,000USD-5,661,000USD-4,801,000USD
Capital Expenditures-3,000USD-274,000USD-823,000USD-71,000USD-5,000USD-296,000USD-41,000USD-37,000USD
Free Cash Flow-6,199,000USD-6,993,000USD-7,174,000USD-6,158,000USD-5,168,000USD-6,108,000USD-5,702,000USD-4,838,000USD
Total Cashflows From Investing Activities-3,000USD-274,000USD-823,000USD-71,000USD-5,000USD-296,000USD-41,000USD-37,000USD
Total Cash From Financing Activities9,714,000USD20,591,000USD2,948,000USD-95,000USD-170,000USD4,828,000USD427,000USD109,000USD
Issuance Of Capital Stock9,821,000USD20,698,000USD2,593,000USD0USD0USD4,970,000USD48,000USD112,000USD
Change In Cash3,517,000USD13,604,000USD-4,166,000USD-6,214,000USD-5,344,000USD-1,294,000USD-5,273,000USD-4,729,000USD
Begin Period Cash Flow16,232,000USD3,966,000USD8,132,000USD14,346,000USD18,352,000USD20,984,000USD26,257,000USD30,986,000USD
End Period Cash Flow19,749,000USD17,570,000USD3,966,000USD8,132,000USD13,008,000USD19,690,000USD20,984,000USD26,257,000USD
Other Cashflows From Financing Activities9,714,000USD—28,000USD-95,000USD-170,000USD-189,000USD379,000USD-3,000USD
Unclassified Financing Cash Flow-9,821,000USD20,698,000USD——————
Net Borrowings—-107,000USD355,000USD——47,000USD379,000USD—
Sale Purchase Of Stock—0USD——————
Investments——-823,000USD-71,000USD-5,000USD-296,000USD-41,000USD-37,000USD
Other Cashflows From Investing Activities—————-201,000USD201,000USD—
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Net Income-26,609,000USD-23,486,000USD-25,652,000USD-13,889,000USD-12,773,000USD-9,279,000USD-33,592,000USD-35,094,000USD
Depreciation424,000USD400,000USD357,000USD381,000USD345,000USD354,000USD414,000USD435,000USD
Stock Based Compensation1,484,000USD1,610,000USD1,864,000USD1,296,000USD1,668,000USD1,037,000USD2,925,000USD3,589,000USD
Other Non Cash Items152,000USD336,000USD1,025,000USD-6,913,000USD-627,000USD123,000USD9,777,000USD4,698,000USD
Change To Account Receivables-401,000USD————461,000USD48,000USD1,220,000USD
Change In Working Capital229,000USD354,000USD-1,293,000USD338,000USD436,000USD146,000USD37,000USD425,000USD
Total Cash From Operating Activities-24,320,000USD-20,786,000USD-23,699,000USD-18,787,000USD-10,951,000USD-7,619,000USD-27,629,000USD-29,810,000USD
Capital Expenditures-1,173,000USD-556,000USD-887,000USD-338,000USD-572,000USD-150,000USD-493,000USD-163,000USD
Free Cash Flow-25,493,000USD-21,342,000USD-24,586,000USD-19,125,000USD-11,523,000USD-7,769,000USD-28,122,000USD-29,973,000USD
Total Cashflows From Investing Activities-1,173,000USD-556,000USD-887,000USD-338,000USD-572,000USD-150,000USD-493,000USD-163,000USD
Net Borrowings11,000USD426,000USD0USD—-2,200,000USD2,200,000USD——
Total Cash From Financing Activities23,274,000USD19,054,000USD133,000USD63,390,000USD11,620,000USD9,187,000USD34,989,000USD26,601,000USD
Sale Purchase Of Stock-28,000USD————-281,000USD——
Issuance Of Capital Stock23,291,000USD18,817,000USD133,000USD16,000USD11,620,000USD8,550,000USD——
Change In Cash-2,120,000USD-2,302,000USD-24,450,000USD44,264,000USD97,000USD1,418,000USD6,856,000USD-3,368,000USD
Begin Period Cash Flow19,690,000USD21,992,000USD46,442,000USD2,178,000USD2,081,000USD663,000USD4,471,000USD7,839,000USD
End Period Cash Flow17,570,000USD19,690,000USD21,992,000USD46,442,000USD2,178,000USD2,081,000USD11,327,000USD4,471,000USD
Unclassified Financing Cash Flow23,291,000USD18,628,000USD—8,000,000USD2,772,000USD7,418,000USD35,482,000USD25,936,000USD
Investments—-556,000USD-185,000USD-338,000USD-572,000USD-150,000USD——
Other Cashflows From Investing Activities—-13,687,000USD———-398,000USD——
Other Cashflows From Financing Activities—-18,817,000USD133,000USD55,374,000USD-572,000USD-150,000USD-493,000USD665,000USD
Unclassified Investing Cash Flow—14,243,000USD——————
Change To Liabilities————63,000USD-1,051,000USD——
Change To Inventory—————529,000USD-347,000USD-1,178,000USD
Unclassified Operating Cash Flow——————-7,190,000USD-3,863,000USD
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

No revenue breakdown is currently published for this company.

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.