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VANINasdaqElectromedical & Electrotherapeutic ApparatusFiscal year ends December 31

Vivani Medical, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$1.12+0.00 (0.00%)

Close on Oct 19, 2026

Market cap
$97.54M
P/E (TTM)
–
Dividend yield
–

About Vivani Medical

Electromedical & Electrotherapeutic Apparatus, SIC 3845

Vivani Medical, Inc. is a clinical-stage biopharmaceutical company that develops miniature, ultra long-acting subdermal drug implants. Using its proprietary NanoPortal technology, the company designs implants intended to provide reversible, near constant-rate delivery of therapeutic agents to treat chronic conditions such as obesity and type 2 diabetes. Its lead product candidate is NPM-139, a six-month semaglutide implant for chronic weight management. The company is also developing NPM-133, a semaglutide implant for type 2 diabetes, NPM-115, an exenatide implant for chronic weight management, and OKV-119, an implant for chronic weight management in companion animals developed in partnership with Okava Pharmaceuticals.

Vivani conducts clinical trials in Australia, including its LIBERATE-1 study at two Australian study centers. In addition, the company maintains a subsidiary in Australia and holds pioneering neurostimulation technology assets within its wholly owned subsidiary, Cortigent, Inc. The company's principal executive offices and headquarters are located in Alameda, California.

Summary of the business section of Vivani Medical's latest annual report, written by StockData.

Company profile

Company

Legal name
Vivani Medical, Inc.
Headquarters
Alameda, CA
Address
1350 S. Loop Road 94502
Phone
(415) 506-8462
Website
vivani.com
Employees
36, Dec 31, 2025
Industry
Electromedical & Electrotherapeutic Apparatus
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
BPM LLP, Walnut Creek, California

Stock & identifiers

Ticker
VANI
Exchange
Nasdaq
IPO date
Nov 19, 2014
Shares outstanding
90M, Aug 13, 2026
Public float
$45.90M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
1-for-3 reverse, Aug 19, 2022; 1-for-8 reverse, Jan 6, 2020; 1-for-8 reverse, Jan 6, 2020
SEC CIK
1266806
CUSIP
92854B109
ISIN
US92854B1098
LEI
5299004VTNX49EZIFL05
EIN
02-0692322

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Adam MendelsohnChief Executive Officer, Director3,695,573
Anthony BaldorChief Financial Officer–
Truc LeChief Operations Officer0
Lisa Ellen PorterChief Medical Officer0
Donald DwyerChief Business Officer55,000
Brigid MakesChief Financial Officer15,000
Daniel BradburyDirector0
Gregg WilliamsDirector41,711,936
August J. MorettiDirector–
Aaron MendelsohnDirector1,086,487
Alexandra L. PopoffDirector2,166
Wilford Dean BakerDirector197,482

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Adam Mendelsohn
$877.58K$856.95K$750.93K$145–
FY2024$1.08M$915.16K$770.40K$137–
FY2024
Adam Mendelsohn
$1.08M$915.16K$770.40K$137–
FY2024
Peo1
$0$0$770.40K$137–
FY2024
Peo2
$1.08M$915.16K$770.40K$137–
FY2023
Adam Mendelsohn
$1.04M$954.82K$693.52K$120–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025 , we had 36 employees in our Biopharm Division and 6 employees in Cortigent.”

Corporate history

Events identified from SEC filings

DateEventDetails
Dec 27, 2023Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Sep 8, 2022DelistingNotice of delisting from exchange (Form 25)
Sep 2, 2022Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 18, 2022Name changeName changed from SECOND SIGHT MEDICAL PRODUCTS INC to Vivani Medical, Inc.
Jun 24, 2022Merger voteDefinitive merger proxy statement
May 13, 2022MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 2, 2021Auditor changeChange in certifying accountant (8-K Item 4.01)
Jan 6, 2021Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Oct 2, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 27, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 22, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 21, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jun 4, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 21, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 26, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 31, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Mar 24, 2017ListingRegistration of securities on an exchange (Form 8-A)
Nov 14, 2014ListingRegistration of securities on an exchange (Form 8-A)
Oct 10, 2003Name changeName changed from SECOUND SIGHT MEDICAL PRODUCTS INC to SECOND SIGHT MEDICAL PRODUCTS INC