VSEE

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VSee Health, Inc.

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Key Metrics

Previous Close: $0.03
52-Week Range: $0.01 – $2.52
Market Cap: $1.39M
P/E (TTM): —
EPS (TTM): -0.47
Dividend Yield: —

Advanced Metrics

Price/Book: 0.18
PEG Ratio: —
Return on Equity: —
Return on Assets: —
Gross Margin: 0.00%
Operating Margin: 0.00%
Profit Margin: 0.00%
Current Ratio: —
Debt/Equity: —
Total Debt: —
Free Cash Flow: —
Revenue Growth: —
Earnings Growth: —
Enterprise Value: —

VSEE Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$6.38M	$5.77M	$10.42M	$14.62M
Cost of Revenue	$1.54M	$1.93M	$3.24M	$7.26M
Gross Profit	$4.84M	$3.83M	$7.18M	$7.36M
Selling, General & Admin	$6.30M	$5.62M	$11.86M	$16.94M
Operating Expenses	$6.30M	$5.62M	$11.86M	$16.94M
Operating Income	-$1.46M	-$1.79M	-$4.68M	-$9.58M
EBITDA	-$1.59M	-$1.69M	-$57.75M	-$9.18M
Pretax Income	-$1.62M	-$1.89M	-$59.34M	-$14.64M
Income Tax	-$694.36K	$1.84M	-$1.64M	$68.43K
Net Income	-$836.21K	-$3.76M	-$57.70M	-$14.71M
Diluted EPS	-0.06	-0.26	—	-0.73
Diluted Shares	14.69M	14.69M	—	20.14M

VSEE Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$230.66K	$118.73K	$326.12K	$5.27M
Receivables	$389.45K	$603.48K	$2.25M	$2.83M
Current Assets	$759.78K	$802.13K	$3.02M	$8.37M
Total Assets	$2.61M	$805.79K	$19.99M	$22.41M
Current Liabilities	$2.61M	$5.11M	$19.01M	$16.24M
Total Debt	$517.13K	$543.00K	$9.55M	$3.26M
Total Liabilities	$2.61M	$5.11M	$20.01M	$16.96M
Retained Earnings	-$5.67M	-$10.00M	-$67.70M	-$82.42M
Shareholders' Equity	$360.72K	-$3.97M	-$18.49K	$5.45M
Working Capital	-$1.85M	-$4.30M	-$15.99M	-$7.88M
Net Debt	$286.47K	$424.27K	$7.96M	—

VSEE Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$825.78K	-$632.60K	-$5.79M	-$3.45M
Capital Expenditure	—	-$4.33K	-$55.27K	-$29.93K
Free Cash Flow	-$825.78K	-$636.93K	-$5.84M	-$3.48M
Depreciation & Amortisation	—	$678.00	$1.38M	$2.65M
Stock-Based Compensation	—	$0.00	$896.54K	$1.12M
Investing Cash Flow	—	-$4.33K	-$26.14K	-$29.93K
Financing Cash Flow	$710.00K	$525.00K	$6.02M	$8.42M
Net Change in Cash	-$115.78K	-$111.93K	$207.38K	$4.94M

VSEE Income statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$3.86M	—	$3.98M	$3.93M	$3.16M
Cost of Revenue	$1.43M	—	$1.91M	$2.09M	$1.96M
Gross Profit	$2.43M	—	$2.07M	$1.83M	$1.20M
Selling, General & Admin	$5.54M	—	$4.13M	$5.27M	$4.17M
Operating Expenses	$5.54M	—	$4.13M	$5.27M	$4.17M
Operating Income	-$3.11M	—	-$2.06M	-$3.44M	-$2.97M
EBITDA	-$4.14M	—	$1.14M	-$6.07M	-$1.81M
Pretax Income	-$4.47M	—	-$289.75K	-$7.80M	-$2.58M
Income Tax	$1.15M	—	$0.00	$50.44K	$23.74K
Net Income	-$5.62M	—	-$289.75K	-$7.85M	-$2.60M
Diluted EPS	—	—	-0.02	—	-0.05
Diluted Shares	—	—	16.55M	—	47.90M

VSEE Cash Flow statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	-$2.97M	—	-$754.54K	-$1.93M	-$2.45M
Capital Expenditure	-$4.76K	—	-$7.31K	-$7.15K	-$26.75K
Free Cash Flow	-$2.98M	—	-$761.85K	-$1.93M	-$2.48M
Depreciation & Amortisation	$709.96K	—	$669.11K	$648.22K	$649.04K
Stock-Based Compensation	$515.45K	—	$0.00	$360.48K	$441.31K
Investing Cash Flow	-$4.76K	—	-$7.31K	-$7.15K	-$126.75K
Financing Cash Flow	$977.83K	—	$943.01K	$6.73M	-$1.34M
Net Change in Cash	-$2.00M	—	$181.16K	$4.79M	-$3.92M

Market Snapshot

About

VSee Health, Inc. is a telehealth technology company that provides secure video communication and telemedicine platforms for healthcare delivery. The company offers solutions for virtual consultations, remote patient monitoring, and clinical workflows used by healthcare providers, hospitals, and government health programs. VSee focuses on enabling accessible, high-quality healthcare through digital communication technologies.