VirnetX Holding (VHC) Deferred Taxes (2010 - 2022)
VirnetX Holding's (VHC) quarterly Deferred Taxes came in at -$17.2 million in Q4 2022, down 1225.11% year-on-year from $1.5 million in Q4 2021, and down 3639.71% quarter-over-quarter from $486000.0 in Q3 2022.
VirnetX Holding (VHC) Deferred Taxes (2010 - 2022) Analysis & Trends
VirnetX Holding has disclosed Deferred Taxes across 6 years of filings, most recently posting -$17.2 million for Q4 2022.
- Deferred Taxes for Q4 2022 came in at -$17.2 million, down 1225.11% year-over-year; the trailing twelve-month figure through Sep 2023 was -$17.2 million (down 737.15% YoY), and the FY2022 annual result was -$16.0 million, down 332.31% from the prior year.
- Deferred Taxes came in at -$17.2 million for Q4 2022 at VirnetX Holding, down from $486000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $8.7 million in Q1 2020 to a low of -$17.2 million in Q4 2022.
- The 3-year median for Deferred Taxes is $390500.0 (2020), against an average of -$6833.3.
- Peak annual rise in Deferred Taxes reached 418.31% in 2021, while the deepest fall reached 1361.83% in 2021.
- VirnetX Holding's Deferred Taxes stood at $295000.0 in 2020, then surged by 418.31% to $1.5 million in 2021, then sank by 1225.11% to -$17.2 million in 2022.
- The last three Deferred Taxes figures came in at -$17.2 million (Q4 2022), $486000.0 (Q3 2022), and -$374000.0 (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 2.60 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | -627.00 Mn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 5.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -9.44 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | -11.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | -51.78 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -800,000.00 |
| 10 | VirnetX Holding | 50.68 Mn | 50.68 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 |