# Vivani Medical, Inc.: overview

VANI · Nasdaq · CIK 1266806 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/vani.md) · [Financials](/companies/vani/financials.md) · [Filings](/companies/vani/filings.md) · [Insiders](/companies/vani/insiders.md)

Latest reported revenue: [$0](/filings/0001753926-25-001330.md) for Q2 FY2025, three months to 2025-06-30, from the 10-Q filed Aug 13, 2025 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001753926-25-001330).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [0.0 d](/filings/0001753926-24-001874.md) | [0.0 d](/filings/0001753926-25-000527.md) | [0.0](/filings/0001753926-25-000794.md) | [0.0 d](/filings/0001753926-25-001330.md) | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(0.11)](/filings/0001753926-25-001770.md) | not reported | [(0.11)](/filings/0001753926-26-000852.md) | [(0.12)](/filings/0001753926-26-001477.md) | [(0.11)](/filings/0001753926-25-001770.md) | not reported | [(0.08)](/filings/0001753926-26-000852.md) | [(0.07)](/filings/0001753926-26-001477.md) |
| Free cash flow | $k | [(5,702) d](/filings/0001753926-25-001770.md) | [(6,108) d](/filings/0001753926-26-000548.md) | [(5,168)](/filings/0001753926-26-000852.md) | [(6,158) d](/filings/0001753926-26-001477.md) | [(7,174) d](/filings/0001753926-25-001770.md) | [(6,993) d](/filings/0001753926-26-000548.md) | [(6,199)](/filings/0001753926-26-000852.md) | [(6,134) d](/filings/0001753926-26-001477.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | [0.0](/filings/0001753926-25-000527.md) | [0.0](/filings/0001753926-26-000548.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(0.27)](/filings/0001753926-22-000356.md) | not reported | [(0.50)](/filings/0001753926-25-000527.md) | [(0.43)](/filings/0001753926-26-000548.md) | [(0.43)](/filings/0001753926-26-000548.md) |
| Free cash flow | $m | [(11.5)](/filings/0001753926-23-000344.md) | [(19.1)](/filings/0001753926-24-000616.md) | [(24.6)](/filings/0001753926-25-000527.md) | [(21.3)](/filings/0001753926-26-000548.md) | [(25.5)](/filings/0001753926-26-000548.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/vani/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.2m | 1,768,077 |  | Added +237,144 |
| [Tanager Wealth Management LLP](/funds/1892929.md) | 2026-06-30 | $753.0k | 607,276 |  | Reduced −33,809 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $728.9k | 587,745 |  | Reduced −12,833 |
| [TUDOR INVESTMENT CORP ET AL](/funds/923093.md) | 2026-06-30 | $509.5k | 410,902 |  | Reduced −15,400 |
| [COMMONWEALTH EQUITY SERVICES, LLC](/funds/312272.md) | 2026-06-30 | $409.9k | 330,565 |  | Unchanged |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $403.6k | 325,462 |  | Added +61,631 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $374.3k | 301,828 |  | Added +4,330 |
| [MONETARY MANAGEMENT GROUP INC](/funds/1133014.md) | 2026-06-30 | $240.5k | 193,977 |  | Unchanged |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $192.2k | 154,965 |  | Unchanged |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $145.0k | 116,907 |  | Added +20,446 |

## Recent filings

[All 835 filings](/companies/vani/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:30 ET | [8-K](/filings/0001753926-26-002036.md) | 7.01 Regulation FD disclosure | 0001753926-26-002036 |
| 2026-10-29 | 07:30 ET | [8-K](/filings/0001753926-26-002024.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001753926-26-002024 |
| 2026-09-16 | 16:15 ET | [8-K](/filings/0001753926-26-001808.md) | 7.01 Regulation FD disclosure | 0001753926-26-001808 |
| 2026-08-17 | 08:00 ET | [8-K](/filings/0001753926-26-001536.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001753926-26-001536 |
| 2026-08-13 | 16:31 ET | [8-K](/filings/0001753926-26-001482.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001753926-26-001482 |
| 2026-08-13 | 16:01 ET | [10-Q](/filings/0001753926-26-001477.md) | Quarterly report, period 2026-06-30 | 0001753926-26-001477 |
| 2026-08-06 | 08:15 ET | [8-K](/filings/0001753926-26-001349.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001753926-26-001349 |
| 2026-07-16 | 08:30 ET | [8-K](/filings/0001753926-26-001190.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001753926-26-001190 |
| 2026-07-07 | 07:46 ET | [8-K](/filings/0001753926-26-001144.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001753926-26-001144 |
| 2026-06-30 | 08:03 ET | [8-K](/filings/0001753926-26-001109.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001753926-26-001109 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001753926-26-000548.md), filed Mar 26, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1266806
- Tickers: VANI
- Exchange: Nasdaq
- SIC code: 3845 Electromedical & Electrotherapeutic Apparatus
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:40 ET. No prices; not investment advice.
