VSee Health, Inc. (VSEEW) balance sheet

VSEEWOTCServices-Health ServicesFiscal year ends December 31Also trades as VSEE, VSEED

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026Score 0/30

$0.02+0.00 (+8.23%)

Close on Oct 9, 2026Market cap $965.84KP/E –Yield –

VSee Health, Inc. balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q1 2026 2026-03-31	Q4 2025 2025-12-31	Q3 2025 2025-09-30	Q2 2025 2025-06-30	Q1 2025 2025-03-31	Q4 2024 2024-12-31	Q3 2024 2024-09-30	Q2 2024 2024-06-30	Q1 2024 2024-03-31	Q4 2023 2023-12-31	Q3 2023 2023-09-30	Q2 2023 2023-06-30	Q1 2023 2023-03-31	Q4 2022 2022-12-31	Q3 2022 2022-09-30	Q2 2022 2022-06-30	Q1 2022 2022-03-31	Q4 2021 2021-12-31	Q3 2021 2021-09-30	Q2 2021 2021-06-30	Q1 2021 2021-03-31
Cash & Equivalents	0.45	1.35	5.05	0.47	0.29	0.41	0.33	2.33	1.11	0.69	0.12	0.16	0.07	0.02	0.23	0.04	0.19	0.51	0.76	0.01	0.08	0
Cash & Short-Term Investments	0.45	1.35	5.05	0.47	0.29	0.41	0.33	2.33	1.11	0.69	0.12	0.16	0.07	0.02	0.23	0.04	0.19	0.51	0.76	0.01	0.08	0
Receivables	2.23	2.67	2.24	2.58	1.62	1.85	1.72	1.02	0.92	–	0.60	–	–	–	0.39	–	–	–	–	–	–	–
Prepaid Expenses & Other	0.27	0.51	0.14	0.38	0.41	0.53	0.45	0.47	0.26	–	0.08	0.02	0.04	0.05	–	0.06	0.21	0.37	0.46	–	–	–
Total Current Assets	3.27	4.84	8.37	3.72	2.56	3.08	3.02	4.38	3.08	0.00	0.80	0.02	0.07	0.07	0.11	0.11	0.40	0.88	1.22	–	–	–
Property, Plant & Equipment	0.11	0.27	0.29	0.42	0.51	0.60	0.68	0.79	0.88	–	0.00	–	–	–	–	–	–	–	–	–	–	–
Gross Property, Plant & Equipment	–	–	0.93	–	–	–	0.90	0.89	0.89	–	0.00	–	–	–	–	–	–	–	–	–	–	–
Accumulated Depreciation	–	–	-0.60	–	–	–	-0.22	-0.10	-0.01	–	0.00	–	–	–	–	–	–	–	–	–	–	–
Long-Term Investments	0.75	0.75	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	0.01	0.01	0.01	0.32	0.34	0.36	0.38	0.42	0.69	–	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	4.92	4.92	4.92	4.92	4.92	4.92	4.92	4.92	62	–	–	–	–	–	–	–	–	–	–	–	–	–
Intangible Assets	7.68	8.23	8.79	9.34	9.89	10	11	12	12	–	0	–	–	–	–	–	–	–	–	–	–	–
Total Assets	17	19	22	19	18	19	20	22	79	1.39	0.81	8.14	8.08	7.67	7.63	117	117	118	118	–	–	–
Accounts Payable	3.81	3.84	5.31	5.79	4.40	4.21	4.28	9.28	8.04	2.64	0.42	2.41	2.18	1.71	1.89	1.42	0.59	0.34	0.14	–	–	–
Accrued Expenses	–	–	–	–	–	–	–	–	–	–	–	0.03	0.03	–	0.07	–	–	–	–	–	–	–
Current Portion of Long-Term Debt	0.33	0.52	0.88	1.94	1.46	1.09	0.43	0.44	0.93	–	0.22	–	–	–	–	–	–	–	–	–	–	–
Current Debt	0.33	0.52	0.88	1.94	1.46	1.09	0.43	0.44	0.93	–	0.22	–	–	–	–	–	–	–	–	–	–	–
Current Portion of Leases	0.01	0.01	0.01	0.09	0.08	0.08	0.07	0.07	0.22	–	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	–	–	–	–	–	–	–	0.01	–	0.19	0.19	0.19	0.19	0.19	0.19	0.08	–	–	–	–	–	–
Deferred Revenue (Current)	–	1.45	1.32	1.15	1.17	0.85	0.42	0.68	1.02	–	0.90	1.06	–	0.89	–	–	–	–	–	–	–	–
Other Current Liabilities	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.46	0.46	0.59	0.34	–	–	–	0.04	–	–	–	–	–	–	–
Total Current Liabilities	8.10	12	16	23	23	22	19	20	24	8.97	5.11	5.04	5.04	3.92	3.30	1.55	0.64	0.39	0.18	–	–	–
Long-Term Debt	0.78	0.78	0.59	0.59	0.59	0.59	0.59	0.59	0.59	–	–	–	–	–	–	–	–	–	–	–	–	–
Long-Term Leases	0	0	0.00	0.20	0.23	0.25	0.27	0.29	0.47	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	0.01	0.01	0.01	0.29	0.31	0.33	0.34	0.36	0.69	–	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	0.12	0.12	0.12	0.07	0.07	0.07	0.07	0.07	0.07	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Liabilities	9.14	13	17	24	24	23	20	21	25	5.64	5.11	5.04	9.41	3.92	7.67	5.92	5.01	4.76	4.55	–	–	–
Total Debt	1.12	1.31	1.47	2.53	2.05	1.68	1.03	1.03	1.52	–	0.22	–	–	–	–	–	–	–	–	–	–	–
Preferred Stock	–	–	0.00	0.00	0.00	0.00	0.00	0.00	0.00	–	–	–	–	–	–	–	–	–	–	–	–	–
Common Stock	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	–	–	–	0.00	–	0.00	0.00	0.00	–	–	–
Additional Paid-In Capital	92	91	88	69	69	68	68	65	64	0.55	6.03	0.62	0.62	0.51	0.29	–	–	–	–	–	–	–
Retained Earnings	-84	-85	-82	-75	-74	-72	-68	-64	-11	-9.94	-10	-7.44	-9.75	-6.76	-6.24	-5.59	-4.52	-3.86	-3.33	–	–	–
Shareholders' Equity	–	–	–	-5.58	-5.74	-3.50	-0.02	–	–	-13	-12	-9.15	-9.13	-9.11	-7.43	-5.59	-4.52	-3.86	-3.33	0.02	0.02	0
Noncontrolling Interest	–	–	–	–	–	–	–	–	–	–	-0.33	–	–	–	–	–	–	–	–	–	–	–
Total Equity	7.59	6.32	5.45	-5.58	-5.74	-3.50	-0.02	0.93	53	-4.20	-4.30	-1.77	-0.89	-1.10	-0.57	-5.59	-4.52	-3.86	-3.33	0.02	0.02	0
Total Liabilities & Equity	17	19	22	19	18	19	20	22	79	1.39	0.81	8.14	8.08	7.67	7.63	117	117	118	118	–	–	–
Shares Outstanding(shares)	56	47	33	17	16	16	16	15	15	–	4.64	–	–	–	–	3.43	3.43	3.43	3.43	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 42.1%
Operating margin: -88.4%
Net margin: -98.9%
Return on equity, FY2025: –

Financial strength

Current ratio: 0.40
Debt to equity: –
Debt to assets: 6.7%
Cash to current liabilities: 5.6%

Valuation

P/E ratio: –
Price to sales: 0.08
Price to book: –
Dividend yield: –