# VSEE HEALTH, INC. (VSEED)

> Financial data for VSEE HEALTH, INC., derived from its SEC filings by Visnia. Amounts are in the currency the company reports in, as stated on each table.

- Web page: https://finance.visnia.xyz/company/VSEED
- Ticker: VSEED (OTC)
- SEC CIK: 0001864531 ([EDGAR filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001864531))
- Company website: https://vseehealth.com
- Generated: 2026-09-30T08:07:42.472Z

## About

VSee is a secure, no-code, low-code telehealth platform. It provides customizable omni-channel communications, virtual care workflows, remote team coordination tools and apps for operating and delivering healthcare services from a distance. This includes product features such as a complete online medical office suite, digital front door mobile app, provider dispatch automation, telehealth billing services, remote patient monitoring, and other functionalities to deliver virtual care. It began as a proprietary low- bandwidth, group video chat and screen-sharing software tool. It came out of a Stanford University PhD project addressing the problem of making virtual teamwork easy and conveying trust over video. The video feature allows multiple users in various locations to communicate in real-time by video and audio. Its interface is able to concurrently display video faces and allow users annotate on shared screen content. VSee sends video at rates as low as 50 kbit/s and is capable of real-time video communication over 3G cellular networks. VSee is based in Sunnyvale, California with remote staff located worldwide. In April 2022, VSee had over 120 employees.

Source: [Wikipedia](https://en.wikipedia.org/wiki/VSee), CC BY-SA 4.0.

## Key metrics

| Metric | Value | Basis |
| --- | ---: | --- |
| Revenue | USD 12.63M | Trailing 12 months ended 2026-06-30 |
| Net income | -USD 9.89M | Trailing 12 months ended 2026-06-30 |
| Gross margin | 42.1% | Gross profit ÷ revenue, trailing 12 months ended 2026-06-30 |
| Net margin | -78.3% | Net income ÷ revenue, trailing 12 months ended 2026-06-30 |
| Cash on hand | USD 454.15K | Balance sheet on 2026-06-30 |

## Annual results (USD thousands)

| Fiscal year | Period end | Revenue | Gross profit | Operating income | Net income | Operating cash flow | Capital expenditure | Free cash flow |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY2025 | 2025-12-31 | 14,618 | 7,356 | -9,583 | -14,713 | -3,446 | -30 | -3,476 |
| FY2024 | 2024-12-31 | 10,421 | 7,178 | -62,151 | -57,702 | -5,790 | -55 | -5,845 |
| FY2023 | 2023-12-31 | 5,766 | 3,833 | -1,874 | -3,725 | -633 | -4 | -637 |

## Quarterly results (USD thousands)

| Fiscal quarter | Period end | Revenue | Gross profit | Operating income | Net income | Operating cash flow | Capital expenditure | Free cash flow |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Q2 FY2026 | 2026-06-30 | 1,562 | 206 | -2,697 | 847 | -1,174 | -73 | -1,247 |
| Q1 FY2026 | 2026-03-31 | 3,160 | 1,198 | -2,974 | -2,600 | -2,452 | -27 | -2,479 |
| Q4 FY2025 | 2025-12-31 | 3,926 | 1,834 | -3,439 | -7,850 | -1,926 | -7 | -1,933 |
| Q3 FY2025 | 2025-09-30 | 3,981 | 2,073 | -2,058 | -290 | -755 | -23 | -777 |
| Q2 FY2025 | 2025-06-30 | 1,055 | 615 | -1,556 | -2,613 | -325 | 12 | -313 |
| Q1 FY2025 | 2025-03-31 | 3,321 | 1,860 | -1,831 | -3,959 | -440 | -12 | -452 |
| Q4 FY2024 | 2024-12-31 | 3,734 | 2,381 | -3,027 | -3,208 | -2,974 | -5 | -2,979 |
| Q3 FY2024 | 2024-09-30 | 3,354 | 2,785 | -58,295 | -53,923 | -221 | -5 | -226 |

## Cash and debt (USD thousands)

| Fiscal year | Balance sheet date | Cash | Debt |
| --- | --- | ---: | ---: |
| FY2026 | 2026-06-30 | 454 | 1,116 |
| FY2026 | 2026-03-31 | 1,346 | 1,306 |
| FY2025 | 2025-12-31 | 5,051 | 1,474 |
| FY2025 | 2025-09-30 | 473 | 2,534 |
| FY2025 | 2025-06-30 | 292 | 2,054 |
| FY2025 | 2025-03-31 | 410 | 1,685 |
| FY2024 | 2024-12-31 | 326 | 1,028 |
| FY2024 | 2024-09-30 | 2,327 | 1,033 |

## Recent SEC filings

| Filed | Form | Document |
| --- | --- | --- |
| 2026-08-14 | 10-Q | [0001185185-26-003549](https://www.sec.gov/Archives/edgar/data/1864531/000118518526003549/0001185185-26-003549-index.html) |
| 2026-05-15 | 10-Q | [0001185185-26-001883](https://www.sec.gov/Archives/edgar/data/1864531/000118518526001883/0001185185-26-001883-index.html) |
| 2026-03-31 | 10-K | [0001185185-26-001202](https://www.sec.gov/Archives/edgar/data/1864531/000118518526001202/0001185185-26-001202-index.html) |
| 2025-11-20 | 10-Q/A | [0001185185-25-001818](https://www.sec.gov/Archives/edgar/data/1864531/000118518525001818/0001185185-25-001818-index.html) |
| 2025-11-14 | 10-Q | [0001185185-25-001744](https://www.sec.gov/Archives/edgar/data/1864531/000118518525001744/0001185185-25-001744-index.html) |
| 2025-10-15 | 10-Q | [0001185185-25-001450](https://www.sec.gov/Archives/edgar/data/1864531/000118518525001450/0001185185-25-001450-index.html) |
| 2025-10-15 | 10-Q | [0001185185-25-001448](https://www.sec.gov/Archives/edgar/data/1864531/000118518525001448/0001185185-25-001448-index.html) |
| 2025-08-29 | 10-K/A | [0001558370-25-011815](https://www.sec.gov/Archives/edgar/data/1864531/000155837025011815/0001558370-25-011815-index.html) |
| 2025-08-28 | 10-K | [0001558370-25-011813](https://www.sec.gov/Archives/edgar/data/1864531/000155837025011813/0001558370-25-011813-index.html) |
| 2024-11-14 | 10-Q | [0001558370-24-015753](https://www.sec.gov/Archives/edgar/data/1864531/000155837024015753/0001558370-24-015753-index.html) |

## More

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