VSee Health, Inc. (VSEEW) bonds
VSEEWOTCServices-Health ServicesFiscal year ends December 31Also trades as VSEE, VSEED
$0.02+0.00 (+8.23%)
Close on Oct 9, 2026Market cap $965.84KP/E –Yield –
Debt
Borrowings on the balance sheet, Jun 30, 2026
Total debt
$1.12M
$334.58K due within a year
Net debt
$662.01K
After $454.15K of cash
Implied interest rate
224.77%
FY2025 interest ÷ average debt
Interest coverage
-3.4×
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, USD
When the debt comes due
Principal repayments of long-term debt by fiscal year, as scheduled at Dec 31, 2025
From the debt maturity table in the annual report (filing). “Later” is everything due after year five.
Notes and loans outstanding
As tagged in VSee Health's 10-Q for the period ended Jun 30, 2026
| Issue | Coupon | Amount issued | Carrying value |
|---|---|---|---|
| ADI Funding Convertible Note Convertible | – | $271.74K | – |
| Additional Bridge Notes Convertible at $2 a share | 8.00% | $150.00K | $150.00K |
| April2025 Promissory Note | – | $70.43K | – |
| Clear Think Convertible Note Convertible at $0 a share | – | $33.60K | – |
| Encompass SBA Loan | – | – | $200.00K |
| Exchange Note Convertible at $2 a share | 8.00% | – | $1.22M |
| Extension Note | 10.00% | $300.00K | $335.75K |
| First Insurance Funding Agreement | – | – | $66.71K |
| First Insurance Funding Loan | – | – | $66.71K |
| Line Of Credit | Floating + 6.75% | $500.00K | – |
| Line Of Credit Issued November292021 | Floating + 6.75% | $500.00K | $456.10K |
| March2025 Convertible Note Convertible at $2 a share | – | $108.70K | $361.82K |
| May2025 Convertible Note Convertible | 5.00% | $216.87K | – |
| May2025 Convertible Promissory Note Convertible | – | $216.87K | – |
| May2026 Quantum Convertible Note Convertible | – | $399.36K | – |
| Note Payable Issued August182023 | 8.00% | $64.00K | $64.00K |
| Note Payable Issued August32023 | 8.00% | $33.00K | $33.00K |
| Note Payable Issued December12021 | 3.75% | $1.00M | $1.50M |
| Note Payable Issued January142024 | 8.00% | $16.20K | – |
| Note Payable Issued November132023 | 12.00% | $22.00K | – |
| Note Payable Issued November292021 | 4.28% | $654.04K | $0 |
| Note Payable Issued November292023 | – | – | $33.00K |
| October Promissory Note | – | $133.33K | – |
| October Promissory Note Two | – | $133.33K | – |
| October2025 Convertible Note Convertible | – | $217.39K | – |
| October2025 Promissory Note | – | $3.00M | – |
| October2025 Quantum Convertible Note Convertible | – | $3.00M | – |
| October212025 Convertible Note Convertible | – | $108.70K | – |
| On November112025 Promissory Note | – | $555.56K | – |
| Quantum Convertible Note Convertible | – | $3.00M | – |
| Quantum Note Convertible at $10 a share | 12.00% | $3.00M | – |
| Secured Promissory Note Issued On March202025 | 10.00% | $555.56K | $409.37K |
| September 2024 Convertible Note Convertible at $2 a share | 15.00% | $2.22M | – |
| September2025 Promissory Note | – | – | $158.52K |
| Vanquish Funding Convertible Note Convertible | – | $295.55K | – |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 10-Q.