Veri MedTech Holdings, Inc. (VRHI)
Veri Medtech Holdings Inc., through its subsidiaries, provides health and wellness services and products through its healthcare technology platform. Its online therapy platforms bridge the gap between mental health professionals and clients seeking support. It offers its services under Veriheal and DosePop brand names. The company was formerly known as Light Media Holdings, Inc. and changed its name to Veri Medtech Holdings Inc. in December 2024. Veri Medtech Holdings Inc. was founded in 2017 and is based in McLean, Virginia.
Sector: Services-Computer Processing & Data Preparation
Industry: Medical - Healthcare Information Services
Veri Medtech Holdings Inc.
OTC:VRHIHealthcare · Medical - Healthcare Information Services
Mkt Cap-
Float4.21M
O/S-
Vol
$ Vol
RVOL
Inst Own-
SI<0.1%
Earnings
Dilution
Financials Summary
Revenue$10.85M
Net Income-$2.34M
Total Assets$185K
Free Cash Flow$316K
Debt & Equity
Total Debt$522K
Total Equity-$2.36M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:2.5
Nasdaq bars a compliance period at 1:250
- 1:2.5Reverse splitSep 2, 20262.5 shares → 1
Balance Sheet Details
Assets$185K
Liabilities$2.55M
Accounts Receivable$7K
Accounts Payable$1.44M
Inventory$0
PP&E (Net)$60K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2018-12-31 |
| Revenue | $10.85M | $16.65M | $78K | $25K | $49K | $149K | $10K | $6K |
| YoY Growth | -34.9% | 21216.2% | 210.4% | -48.9% | -66.9% | 1379.3% | 66.1% | - |
| Cost of Revenue | $2.68M | $4.26M | $11K | $4K | $12K | $24K | $2K | $1K |
| Gross Profit | $8.17M | $12.39M | $67K | $21K | $38K | $125K | $8K | $5K |
| Gross Margin | 75.3% | 74.4% | 85.5% | 83.1% | 76.5% | 83.7% | 80.2% | 79.9% |
| Research and Development | $0 | $0 | $0 | $0 | $2K | $4K | $0 | $0 |
| Selling, General, and Administrative | $10.43M | $12.69M | $129K | $60K | $8K | $234K | $61K | $29K |
| Other | $0 | $0 | $0 | $0 | $60K | $1K | $170 | $0 |
| Total Operating Expenses | $10.43M | $12.69M | $129K | $60K | $70K | $239K | $61K | $29K |
| Operating Income (EBIT) | -$2.27M | -$302K | -$62K | -$39K | -$224K | -$114K | -$53K | -$24K |
| Operating Margin | -20.9% | -1.8% | -79.3% | -156.7% | -454.7% | -76.8% | -523.7% | -394.0% |
| Interest Expense | $68K | $107K | $0 | $0 | $0 | $5K | $10K | $5K |
| Interest Income | $0 | $0 | $0 | $0 | $5 | $0 | $0 | $0 |
| Other Income (Expense) | -$69K | -$107K | $0 | $0 | $0 | -$5K | -$11K | -$5K |
| Income Before Tax (EBT) | -$2.34M | -$409K | -$62K | -$39K | -$33K | -$119K | -$64K | -$29K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $205 |
| Net Income | -$2.34M | -$409K | -$62K | -$39K | -$33K | -$119K | -$64K | -$29K |
| Net Income Margin | -21.5% | -2.5% | -79.3% | -156.7% | -66.0% | -80.0% | -636.2% | -484.1% |
| Supplementary Data | ||||||||
| EPS | -0.30 | -0.09 | -0.00 | -0.00 | -0.01 | -0.01 | -0.00 | -0.00 |
| Diluted EPS | -0.30 | -0.09 | -0.00 | -0.00 | -0.01 | -0.01 | -0.00 | -0.00 |
| Weighted Average OS | 7.99M | 4.60M | 22.24M | 22.24M | 20.24M | 20.24M | 18.65M | 17.72M |
| EBITDA | -$2.15M | -$200K | -$60K | -$39K | -$31K | -$113K | -$53K | -$24K |
| EBITDA Margin | -19.8% | -1.2% | -76.8% | -154.8% | -63.0% | -75.7% | -529.0% | -394.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2018-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $45K | $64K | $27K | $31K | $185K | $143K | $7K | $648 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $45K | $64K | $27K | $31K | $185K | $143K | $7K | $648 |
| Accounts Receivable | $7K | $22K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $229 | $381 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $125K | $161K | $27K | $33K | $185K | $145K | $7K | $1K |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $60K | $1.17M | $8K | $59K | $60K | $61K | $58K | $50K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $132K | $132K | $104K | $104K | $104K | $104K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$1 | $0 | $0 | $62K | $0 | $0 | $0 | -$3 |
| Total Long-Term Assets | $60K | $1.17M | $140K | $253K | $165K | $166K | $162K | $154K |
| Other Assets | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $185K | $1.33M | $166K | $286K | $350K | $310K | $170K | $155K |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $1.44M | $1.3M | $24 | $0 | $272K | $2K | $2K | $2K |
| Short-Term Debt | $522K | $1.22M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $126K | $97K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $461K | $54K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $2.55M | $2.67M | $24 | $0 | $272K | $2K | $2K | $2K |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $0 | $50K | $0 | $0 | $0 | $0 | $65K | $69K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $4K | $62K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $1.06M | $4K | $62K | $0 | $0 | $65K | $69K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.55M | $3.74M | $4K | $62K | $272K | $2K | $67K | $71K |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2K | $1K | $6K | $6K | $5K | $5K | $5K | $4K |
| Retained Earnings | -$4.86M | -$2.52M | -$2.15M | -$2.09M | -$1.93M | -$1.7M | -$1.61M | -$1.54M |
| Comprehensive Income & Other | $0 | $0 | $38K | $33K | $33K | $33K | $33K | $33K |
| Other Stockholders' Equity | $2.49M | $115K | $2.31M | $2.31M | $2.01M | $2.01M | $1.7M | $1.62M |
| Total Equity | -$2.36M | -$2.4M | $162K | $224K | $78K | $309K | $103K | $84K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $185K | $1.33M | $166K | $286K | $350K | $310K | $170K | $155K |
| Supplementary Data | ||||||||
| Total Debt | $522K | $2.29M | $0 | $0 | $0 | $0 | $65K | $69K |
| Net Debt | $477K | $2.22M | -$27K | -$31K | -$185K | -$143K | $58K | $68K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | -$2.34M | -$409K | -$62K | -$39K | -$33K | -$119K | -$64K | -$29K |
| Depreciation & Amortization | $114K | $103K | $2K | $490 | $1K | $2K | $652 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $15K | $6K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $229 | $152 | $279 |
| Accounts Payable | $137K | $366K | -$61K | $0 | -$30K | $15K | -$2K | $289 |
| Other Working Capital | $10K | -$10K | $4K | -$2K | $2K | -$2K | -$9K | $0 |
| Total Working Capital Change | $162K | $361K | -$56K | -$2K | -$28K | $13K | -$11K | $568 |
| Other Non-Cash Items | $2.38M | $0 | $0 | -$490 | -$3K | $19K | $0 | $7K |
| Net Cash from Operating | $319K | $55K | -$116K | -$42K | -$62K | -$85K | -$74K | -$22K |
| Investing Activities | ||||||||
| Capital Expenditures | -$3K | -$2K | $0 | $0 | -$998 | -$5K | $0 | $0 |
| Acquisitions | $0 | $0 | $50K | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $490 | $1K | $769 | $0 | $30K |
| Net Cash from Investing | -$3K | -$2K | $50K | $490 | $490 | -$4K | $0 | $30K |
| Financing Activities | ||||||||
| Debt Repaid | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $474 | $233 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $321K | $549K | -$56K | $0 | $300K | $224K | $81K | -$8K |
| Net Cash from Financing | -$335K | -$66K | -$56K | $0 | $300K | $225K | $81K | -$8K |
| Forex Effect | $0 | $50K | $118K | $0 | -$300K | -$71 | $0 | $0 |
| Net Change in Cash | -$19K | $37K | -$4K | -$154K | -$62K | $136K | $6K | -$102 |
| Supplementary Data | ||||||||
| Operating Cash Flow | $319K | $55K | -$116K | -$42K | -$62K | -$85K | -$74K | -$22K |
| Capital Expenditure | -$3K | -$2K | $0 | $0 | -$998 | -$5K | $0 | $0 |
| Free Cash Flow | $316K | $53K | -$116K | -$42K | -$63K | -$90K | -$74K | -$22K |
| Cash at Beginning | $64K | $27K | $31K | $185K | $247K | $7K | $648 | $750 |
| Cash at End | $45K | $64K | $27K | $31K | $185K | $143K | $7K | $648 |