VirnetX Holding (VHC) Deferred Taxes (2010 - 2022)
VirnetX Holding (VHC) posted Deferred Taxes of -$17.2 million for Q4 2022, down 3639.71% sequentially from $486000.0 in Q3 2022, and down 1225.11% YoY from $1.5 million in Q4 2021.
VirnetX Holding (VHC) Deferred Taxes (2010 - 2022) Analysis & Trends
VirnetX Holding has reported Deferred Taxes for 6 years, with the latest figure at -$17.2 million in Q4 2022.
- Quarterly Deferred Taxes fell 1225.11% year-over-year to -$17.2 million in Q4 2022, while the trailing twelve-month figure through Sep 2023 was -$17.2 million (down 737.15% YoY) and the FY2022 annual result came in at -$16.0 million, down 332.31% from the prior year.
- Deferred Taxes retreated to -$17.2 million in Q4 2022 per VHC's latest filing, from $486000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at $8.7 million in Q1 2020 and troughed at -$17.2 million in Q4 2022.
- A 3-year average of -$6833.3 and a median of $390500.0 in 2020 frame the typical range for Deferred Taxes.
- The widest YoY moves for Deferred Taxes: up 418.31% in 2021, down 1361.83% in 2021.
- Over 3 years, Deferred Taxes stood at $295000.0 in 2020, then jumped by 418.31% to $1.5 million in 2021, then sank by 1225.11% to -$17.2 million in 2022.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$17.2 million, $486000.0, and -$374000.0 for Q4 2022, Q3 2022, and Q2 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.65 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -622.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 24.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 14.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -6.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | -51.78 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 61.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 128.57 Mn |
| 10 | VirnetX Holding | 54.13 Mn | 54.13 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -17.20 Mn |
| Sep 30, 2022 | 486,000.00 |
| Jun 30, 2022 | -374,000.00 |
| Mar 31, 2022 | 1.06 Mn |
| Dec 31, 2021 | 1.53 Mn |
| Sep 30, 2021 | 895,000.00 |
| Jun 30, 2021 | -2.72 Mn |
| Mar 31, 2021 | 7.20 Mn |
| Dec 31, 2020 | 295,000.00 |
| Sep 30, 2020 | 218,000.00 |
| Jun 30, 2020 | -186,000.00 |
| Mar 31, 2020 | 8.72 Mn |
| Dec 31, 2012 | -2.56 Mn |
| Sep 30, 2012 | -399,000.00 |
| Jun 30, 2012 | -197,000.00 |
| Mar 31, 2012 | -7,000.00 |
| Dec 31, 2011 | -10.36 Mn |
| Sep 30, 2011 | 1.09 Mn |
| Jun 30, 2011 | 281,000.00 |
| Mar 31, 2011 | 3.33 Mn |