VirnetX Holding Corp
Close on Oct 19, 2026
- Market cap
- $38.30M
- P/E (TTM)
- –
- Dividend yield
- –
About VirnetX
Patent Owners & Lessors, SIC 6794
VirnetX Holding Corporation develops software and technology for internet security, focusing on end-to-end encrypted communications. Its core offerings include the VirnetX One security-as-a-service platform, VirnetX Matrix for identity-based access control, and VirnetX War Room for secure collaboration. The company also offers digital engineering, dynamic trust evaluation, and cyber threat intelligence services. It serves commercial clients, the U.S. Department of Defense, federal, state, and local government agencies, and organizations across sectors such as critical infrastructure, healthcare, finance, legal services, and energy.
The company operates its principal executive offices in Zephyr Cove, Nevada, and maintains a facility in Farmington, Utah. It pursues commercial opportunities nationwide and supports international sales compliant with export regulations. VirnetX relies primarily on a remote workforce, employing 21 full- and part-time workers as of late 2025. It also maintains research collaborations with academic institutions and a research agreement with the Air Force Research Laboratory extending through 2030.
Summary of the business section of VirnetX's latest annual report, written by StockData.
Company profile
Company
- Legal name
- VirnetX Holding Corp
- Headquarters
- Zephyr Cove, NV
- Address
- 308 Dorla Court, Suite 206 89448
- Phone
- (831) 438-8200
- Website
- virnetx.com
- Employees
- 13, Dec 31, 2025
- Industry
- Patent Owners & Lessors
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Farber Hass Hurley LLP, Chatsworth, California
Stock & identifiers
- Ticker
- VHC
- Exchange
- Nasdaq
- IPO date
- Jul 30, 1999
- Shares outstanding
- 4M, Aug 7, 2026
- Public float
- $39.11M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-20 reverse, Oct 26, 2023; 1-for-20 reverse, Oct 25, 2023; 1-for-3 reverse, Oct 30, 2007
- SEC CIK
- 1082324
- CUSIP
- 92823T207
- ISIN
- US92823T2078
- LEI
- 529900GEQQ3ACACKKD25
- EIN
- 77-0390628
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kendall Larsen | President & CEO, Director | 459,958 |
| Katherine Allanson | Chief Financial Officer | 31,205 |
| Robert D. Short III | Chief Scientist | 43,126 |
| Gary Feiner | Director | 41,974 |
| Thomas M. O'Brien | Director | 35,457 |
| Michael F. Angelo | Director | 29,209 |
| Heidy Kingwan Chow | Director | 37,500 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Kendall Larsen | $2.57M | $2.86M | $842.09K | $188 | – |
| FY2024 Kendall Larsen | $1.80M | $1.91M | $832.09K | $88 | – |
| FY2023 Kendall Larsen | $2.10M | $2.02M | $1.42M | $79 | – |
| FY2022 Kendall Larsen | $1.53M | $1.27M | $720.79K | $26 | – |
“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
“The emphasis of our employees is on our technology research and product development with 13 employees focused on this effort.”
Corporate history
Events identified from SEC filings