Viper Networks, Inc. (VPER)
Headquartered in Troy, Michigan, Viper Networks, Inc. specializes in the production and distribution of a wide array of LED lighting solutions. The company's diverse portfolio includes communication tools such as CyberGrab, the Vnet application, and the Viper unified communications platform designed for carriers and providers, alongside VRoom. They also deliver complete parking lot lighting systems, solar power infrastructure, and telecommunications systems. A significant offering involves intelligent lighting solutions that seamlessly integrate cameras, sensors, and wireless technologies. These versatile products are utilized for various applications, including street and roadway illumination, security installations, parking facilities, and billboard displays.
Sector: Telecommunications Services
Industry: Telecommunications Services
Viper Networks, Inc.
OTC:VPERTechnology · Hardware, Equipment & Parts
$0.0003
Mkt Cap$1.64M
Float6.27B
O/S6.56B
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5.55M
Net Income-$128K
Total Assets$2.89M
Free Cash Flow$22K
Debt & Equity
Debt 31%
Equity 68%
Preferred 1%
Total Debt$583K
Total Equity$1.27M
Preferred Stock$23K
Shares Outstanding
Short Interest
Split History1 split
- 1.1:1Forward splitSep 15, 20041 share → 1.1
Balance Sheet Details
Assets$2.89M
Liabilities$1.63M
Accounts Receivable$349K
Accounts Payable$1.04M
Inventory$255K
PP&E (Net)$40K
Goodwill$0
Intangible Assets$2.15M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2005 | FY 2004 | FY 2003 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2001-12-31 |
| Revenue | $5.55M | $937K | $31K | $20K | $4K | $35K | $0 | $55K | $87K | $46K | $486K | $3.48M | $4.61M | $433K | $0 |
| YoY Growth | 492.2% | 2960.8% | 52.3% | 361.5% | -87.7% | - | - | -36.6% | 89.5% | -90.5% | -86.1% | -24.5% | 964.4% | - | - |
| Cost of Revenue | $4.49M | $688K | $2K | $25K | $876 | $27K | $0 | $5.4M | $4.25M | $2.58M | $438K | $3.14M | $4.11M | $297K | $0 |
| Gross Profit | $1.05M | $248K | $28K | -$5K | $3K | $8K | $0 | -$5.35M | -$4.16M | -$2.54M | $48K | $346K | $505K | $137K | $0 |
| Gross Margin | 19.0% | 26.5% | 92.6% | -23.6% | 79.9% | 23.4% | - | -9654.4% | -4764.1% | -5505.8% | 9.8% | 9.9% | 10.9% | 31.5% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.05M | $501K | $515K | $423K | $679K | $241K | $223K | $72K | $230K | $214K | $233K | $2.81M | $3.66M | $1.46M | $355K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.05M | $501K | $515K | $423K | $679K | $241K | $223K | $72K | $230K | $214K | $233K | $2.81M | $3.66M | $1.46M | $355K |
| Operating Income (EBIT) | -$142 | -$253K | -$487K | -$428K | -$676K | -$233K | -$223K | -$5.42M | -$4.39M | -$2.75M | -$186K | -$2.2M | -$3.28M | -$1.36M | -$355K |
| Operating Margin | -0.0% | -27.0% | -1590.7% | -2131.6% | -15522.4% | -659.9% | - | -9784.3% | -5027.3% | -5969.2% | -38.2% | -63.1% | -71.2% | -312.8% | - |
| Interest Expense | $107K | $23K | $10K | $22K | $867K | $13.72M | $9.92M | $0 | $0 | $0 | $0 | $128K | $73K | $60K | $6K |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$128K | -$66K | -$334K | $302K | -$867K | -$13.72M | -$9.92M | $4 | $0 | $3 | $0 | $267K | -$193K | -$24K | -$5K |
| Income Before Tax (EBT) | -$128K | -$319K | -$821K | -$126K | -$1.54M | -$13.95M | -$10.14M | -$5.42M | -$4.39M | -$2.75M | -$186K | -$1.53M | -$3.48M | -$1.38M | -$360K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$53K | -$23K | $0 | $0 | -$534K | $4.75M | $875K | $11K |
| Net Income | -$128K | -$319K | -$821K | -$126K | -$1.54M | -$13.95M | -$10.14M | -$5.42M | -$4.39M | -$2.75M | -$186K | -$1.93M | -$7.91M | -$2.2M | -$366K |
| Net Income Margin | -2.3% | -34.1% | -2682.8% | -627.3% | -35428.2% | -39481.6% | - | -9784.3% | -5027.3% | -5969.2% | -38.2% | -55.4% | -171.5% | -507.8% | - |
| Supplementary Data | |||||||||||||||
| EPS | 0.00 | 0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.08 | -0.06 | -0.08 |
| Diluted EPS | 0.00 | 0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.08 | -0.06 | -0.08 |
| Weighted Average OS | 6.56B | 6.56B | 5.86B | 5.54B | 5.59B | 5.46B | 5.93B | 4.97B | 4.57B | 4.27B | 2.81B | 130.77M | 101.96M | 37.24M | 4.40M |
| EBITDA | $199K | -$261K | -$809K | -$427K | $0 | $0 | -$223K | -$5.42M | -$4.39M | -$2.75M | -$186K | -$2.2M | -$3.28M | -$1.36M | -$345K |
| EBITDA Margin | 3.6% | -27.9% | -2642.3% | -2124.9% | - | - | - | -9784.3% | -5027.3% | -5969.2% | -38.2% | -63.1% | -71.2% | -312.8% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2005 | FY 2004 | FY 2003 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2001-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $58K | $31K | $44 | $2K | $7K | $714 | $5K | $12K | $11K | $7K | $2K | $33K | $50K | $170K | $105 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $5K | $53K | $0 |
| Cash and Short-Term Investments | $58K | $31K | $44 | $2K | $7K | $714 | $5K | $12K | $11K | $7K | $2K | $37K | $55K | $224K | $105 |
| Accounts Receivable | $349K | $311K | $2K | $2K | $0 | $0 | $0 | $2.37M | $2.37M | $2.37M | $2.37M | -$142K | $122K | $91K | $0 |
| Inventory | $255K | $255K | $243K | $233K | $0 | $0 | $0 | $60K | $60K | $60K | $60K | $75K | $72K | $0 | $0 |
| Other Current Assets | $3K | $7K | $0 | $0 | $0 | $0 | $0 | $85K | $85K | $85K | $85K | $314K | $56K | $2K | $0 |
| Total Current Assets | $705K | $634K | $245K | $237K | $216K | $714 | $5K | $2.53M | $2.53M | $2.53M | $2.52M | $426K | $305K | $355K | $105 |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $40K | $44K | $22K | $24K | $0 | $0 | $0 | $1.61M | $1.61M | $1.61M | $1.61M | $180K | $497K | $535K | $20K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $150K | $122K | $91K | $0 |
| Intangible Assets | $2.15M | $2.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $2.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $32K | $32K | $32K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $2.19M | $2.34M | $22K | $2.04M | $0 | $0 | $0 | $1.64M | $1.64M | $1.64M | $1.64M | $329K | $1.02M | $874K | $20K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.89M | $2.98M | $267K | $2.28M | $216K | $714 | $5K | $4.17M | $4.17M | $4.17M | $4.17M | $755K | $1.33M | $1.23M | $20K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $1.04M | $1.03M | $77K | $67K | $65K | $68K | $0 | $1.7M | $1.7M | $1.7M | $1.7M | $590K | $376K | $82K | $21K |
| Short-Term Debt | $583K | $593K | $285K | $291K | $456K | $193K | $206K | $0 | $0 | $0 | $0 | $608K | $705K | $530K | $15K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $3K | $4K | $1K |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $185K | $82K | $9K | $169K |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $228K | $228K | $228K | $228K | $0 | $81K | $70K | $2K |
| Total Current Liabilities | $1.63M | $1.62M | $512K | $359K | $671K | $51K | $37K | $1.93M | $1.93M | $1.93M | $1.93M | $1.47M | $1.31M | $690K | $228K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $402K | $402K | $402K | $193K | $0 | $0 | $217K | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $15K | $20K | $0 | $0 | $0 | $18.98M | $13.63M | $9.46M | $7.02M | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $15K | $20K | $0 | $0 | $0 | $19.38M | $14.03M | $9.86M | $7.21M | $0 | $0 | $217K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.63M | $1.62M | $527K | $379K | $671K | $50.63M | $36.68M | $21.31M | $15.96M | $11.8M | $9.14M | $1.47M | $1.31M | $907K | $228K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $23K | $23K | $24K | $15K | $11K | $4K | $4K | $1K | $1K | $1K | $4K | $0 | $0 | $0 | $0 |
| Common Stock | $656K | $656K | $289K | $279K | $276K | $281K | $281K | $281K | $281K | $281K | $221K | $151K | $121K | $79K | $6K |
| Retained Earnings | -$84.57M | -$73.34M | -$73.02M | -$72.2M | -$72.07M | -$70.74M | -$56.78M | -$37.24M | -$31.89M | -$27.73M | -$24.34M | -$13.05M | -$11.07M | -$3.16M | -$405K |
| Comprehensive Income & Other | $0 | $0 | -$289K | $72K | $161K | $0 | -$281K | -$281K | -$281K | -$281K | -$221K | -$79K | -$78K | -$48K | $0 |
| Other Stockholders' Equity | $85.18M | $74.04M | $72.47M | $73.82M | $71.34M | $19.83M | $19.83M | $19.83M | $19.83M | $19.83M | $19.14M | $12.19M | $10.97M | $3.4M | $191K |
| Total Equity | $1.27M | $1.36M | -$260K | $1.9M | -$455K | -$50.63M | -$36.68M | -$17.14M | -$11.79M | -$7.63M | -$4.98M | -$716K | $19K | $322K | -$208K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.89M | $2.98M | $267K | $2.28M | $216K | $713 | $5K | $4.17M | $4.17M | $4.17M | $4.17M | $755K | $1.33M | $1.23M | $20K |
| Supplementary Data | |||||||||||||||
| Total Debt | $583K | $593K | $285K | $291K | $456K | $193K | $206K | $402K | $402K | $402K | $193K | $608K | $705K | $746K | $35K |
| Net Debt | $525K | $562K | $285K | $289K | $449K | $193 | $201K | $390K | $391K | $396K | $191K | $575K | $655K | $576K | $35K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2014 | FY 2005 | FY 2004 | FY 2003 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 | 2016-12-31 | 2014-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2001-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$128K | -$319K | -$821K | -$126K | -$1.54M | -$13.95M | -$10.14M | -$5.42M | -$4.39M | -$186K | -$1.93M | -$7.91M | -$2.2M | -$366K |
| Depreciation & Amortization | $199K | $35K | $2K | $1K | $676K | $233K | $0 | $0 | $0 | $0 | $286K | $292K | $54K | $5K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$565K | $4.6M | $796K | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22K | $948K | $4K | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$38K | $0 | $0 | -$2K | $0 | $0 | $0 | $0 | $0 | $201 | $32K | -$53K | -$44K | $0 |
| Inventory | $0 | -$12K | -$10K | -$24K | -$209K | $0 | $0 | $0 | $0 | $0 | -$34K | -$72K | $0 | $0 |
| Accounts Payable | $15K | $270K | $3K | -$163K | -$3K | $13.94M | $10.14M | $1.7M | $0 | $0 | $247K | $240K | -$40K | $7K |
| Other Working Capital | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $847K | $133K | -$16K | $819 |
| Total Working Capital Change | -$30K | $258K | -$7K | -$189K | -$211K | $13.94M | $10.14M | $1.7M | $0 | $201 | $668K | $182K | -$100K | $8K |
| Other Non-Cash Items | $21K | $28K | $0 | -$163K | $488K | -$213K | -$10.14M | -$1.7M | $0 | -$201 | -$554K | $4.76M | $1.78M | $312K |
| Net Cash from Operating | $63K | $971 | -$826K | -$314K | -$590K | $11K | -$10.14M | -$3.72M | -$4.39M | -$185K | -$1.55M | -$1.73M | -$463K | -$42K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$41K | -$31K | $0 | -$26K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$183K | -$14K | -$6K |
| Acquisitions | $0 | $0 | $2.02M | -$2.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$757K | $15K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$44K | -$15K |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14K | $10K |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.03M | $0 | $4K | $0 | $0 |
| Net Cash from Investing | -$41K | -$31K | $2.02M | -$2.04M | $0 | $0 | $0 | $0 | $0 | $1.03M | $0 | -$936K | -$28K | -$11K |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | $4K | - | -$471 | - | - | - | - | - | -$36K | -$415K | -$119K | $9K |
| Common Stock Issuance | $15K | $68K | $19K | $2.57M | $125K | $0 | $0 | $0 | $0 | $0 | $1.21M | $2.37M | $525K | $62K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$1.21M | -$238K | $471K | $0 | $0 | -$5.35M | -$3.89M | -$849K | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $5K | $61K | -$1.19M | $2.35M | $596K | $0 | $0 | -$5.35M | -$3.89M | -$849K | $1.24M | $2.54M | $657K | $53K |
| Forex Effect | $0 | $0 | $0 | $164 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $27K | $31K | -$2K | -$5K | $7K | -$4K | -$7K | $647 | $5K | -$4K | -$14K | -$123K | $166K | $105 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $63K | $971 | -$826K | -$314K | -$590K | $11K | -$10.14M | -$3.72M | -$4.39M | -$185K | -$1.55M | -$1.73M | -$463K | -$42K |
| Capital Expenditure | -$41K | -$31K | -$2 | -$26K | -$4 | $0 | $0 | $0 | $0 | $0 | $0 | -$183K | -$14K | -$6K |
| Free Cash Flow | $22K | -$30K | -$826K | -$340K | -$590K | $11K | -$10.14M | -$3.72M | -$4.39M | -$185K | -$1.55M | -$1.91M | -$477K | -$47K |
| Cash at Beginning | $31K | $44 | $2K | $7K | $714 | $5K | $12K | $11K | $7K | $7K | $47K | $170K | $5K | $0 |
| Cash at End | $58K | $31K | $44 | $2K | $7K | $714 | $5K | $12K | $11K | $2K | $33K | $47K | $170K | $105 |