Vivani Medical, Inc. VANI

FY2025 · ended Dec 31, 2025 · Revenue $0 · Filed Mar 26, 2026

Vivani Medical, Inc. (VANI) files with the SEC under industry code 3845, Electromedical & Electrotherapeutic Apparatus. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $0 and a net loss of $26.6 million. Free cash flow was -$25.5 million. As of Jun 30, 2026 it held $19.9 million in cash and investments and $17.9 million in total debt.

Revenue
$0
Net income
$-26.61M
-13.3% vs prior year
Operating cash flow (TTM)
$-25.30M
-11.3% vs year-ago TTM
Free cash flow (TTM)
$-26.50M
-14.5% vs year-ago TTM
EPS
$-0.43
+0.0% vs prior year
Dividend per share
None
Shares outstanding
84.65M
+42.9% vs prior year
Net cash
$2.04M
as of Jun 30, 2026
Operating margin
-1004.9%
FY 2019

Company profile

Industry
Electromedical & Electrotherapeutic Apparatus (SIC 3845)
Listed as
VANI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Alameda, CA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1266806
Former names
SECOND SIGHT MEDICAL PRODUCTS INC (until Aug 18, 2022); SECOUND SIGHT MEDICAL PRODUCTS INC (until Oct 10, 2003)

Other Electromedical & Electrotherapeutic Apparatus companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$0
$0
—
—
—
Operating income
-$27.6M
-$24.7M
-$27.0M
-$21.2M
-$13.3M
Net income
-$26.6M
-$23.5M
-$25.7M
-$13.9M
-$12.8M
Diluted EPS
-$0.43
-$0.43
—
—
—
Operating cash flow
-$24.3M
-$20.8M
-$23.7M
-$18.8M
-$11.0M
Free cash flow
-$25.5M
-$21.3M
-$24.6M
-$19.1M
-$11.5M
Total assets
$39.4M
$41.6M
$45.8M
$51.1M
$5.5M
Total liabilities
$23.7M
$24.0M
$25.0M
$6.8M
$3.0M
Stockholders' equity
$15.7M
$17.6M
$20.8M
$44.3M
$2.5M
Cash and investments
$16.2M
$18.4M
$20.7M
—
$69.6M
Total debt
$18.9M
$19.3M
$20.7M
$955,000
$1.8M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Regulation FD disclosure
Oct 30, 2026 Oct 30, 2026
8-K Current report
Regulation FD disclosure
Oct 29, 2026 Oct 29, 2026
8-K Current report
Regulation FD disclosure
Sep 16, 2026 Sep 16, 2026
8-K Current report
Regulation FD disclosure
Aug 17, 2026 Aug 17, 2026
8-K Current report
Results of operations, Regulation FD disclosure
Aug 13, 2026 Aug 13, 2026
10-Q Quarterly report Aug 13, 2026 Jun 30, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.