Stocks · Health care · Electromedical & Electrotherapeutic Apparatus

Vivani Medical, Inc.

VANI Clue Score33
United States Fiscal year ends December CIK 0001266806
$1.25 +1.63% Close, 9 Oct 2026
Price $1.25 −56.90% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue4.0Operating income−33.2Net income−33.2Fiscal year 2017Revenue8.0 +99.1%Operating income−28.6Net income−28.5Fiscal year 2018Revenue6.9 −13.4%Operating income−35.2Net income−35.1Fiscal year 2019Revenue3.4 −51.0%Operating income−34.0Net income−33.6Fiscal year 2020Operating income−14.9Net income−14.9Fiscal year 2021Operating income−13.3Net income−12.8Fiscal year 2022Operating income−21.2Net income−13.9Fiscal year 2023Operating income−27.0Net income−25.7EPS, diluted−0.50Fiscal year 2024Revenue0.0Operating income−24.7Net income−23.5EPS, diluted−0.43Fiscal year 2025Revenue0.0Operating income−27.6Net income−26.6EPS, diluted−0.43
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 4.0 8.0 6.9 3.4 n/a n/a n/a n/a 0.0 0.0
Growth +99.1% −13.4% −51.0%
Operating income −33.2 −28.6 −35.2 −34.0 −14.9 −13.3 −21.2 −27.0 −24.7 −27.6
Net income −33.2 −28.5 −35.1 −33.6 −14.9 −12.8 −13.9 −25.7 −23.5 −26.6
Growth
EPS, diluted n/a n/a n/a n/a n/a n/a n/a −0.50 −0.43 −0.43

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin−152.3%Operating margin−830.3%Net margin−829.5%Free cash flow margin−639.0%Fiscal year 2017Gross margin35.7%Operating margin−359.2%Net margin−358.1%Free cash flow margin−304.0%Fiscal year 2018Gross margin29.1%Operating margin−510.2%Net margin−508.9%Free cash flow margin−434.6%Fiscal year 2019Gross margin36.3%Operating margin−1,004.9%Net margin−994.1%Free cash flow margin−832.3%Fiscal year 2020Fiscal year 2021Fiscal year 2022Fiscal year 2023Fiscal year 2024Fiscal year 2025
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −152.3% 35.7% 29.1% 36.3% n/a n/a n/a n/a n/a n/a
Operating margin −830.3% −359.2% −510.2% −1,004.9% n/a n/a n/a n/a n/a n/a
Net margin −829.5% −358.1% −508.9% −994.1% n/a n/a n/a n/a n/a n/a
Free cash flow margin −639.0% −304.0% −434.6% −832.3% n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−25.1Capital expenditure−0.5Free cash flow−25.6Fiscal year 2017Operating cash flow−23.9Capital expenditure−0.3Free cash flow−24.2Fiscal year 2018Operating cash flow−29.8Capital expenditure−0.2Free cash flow−30.0Fiscal year 2019Operating cash flow−27.6Capital expenditure−0.5Free cash flow−28.1Fiscal year 2020Operating cash flow−16.8Capital expenditure−0.3Free cash flow−17.2Fiscal year 2021Operating cash flow−11.0Capital expenditure−0.6Free cash flow−11.5Fiscal year 2022Operating cash flow−18.8Capital expenditure−0.3Free cash flow−19.1Fiscal year 2023Operating cash flow−23.7Capital expenditure−0.9Free cash flow−24.6Fiscal year 2024Operating cash flow−20.8Capital expenditure−0.6Free cash flow−21.3Fiscal year 2025Operating cash flow−24.3Capital expenditure−1.2Free cash flow−25.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −25.1 −23.9 −29.8 −27.6 −16.8 −11.0 −18.8 −23.7 −20.8 −24.3
Capital expenditure −0.5 −0.3 −0.2 −0.5 −0.3 −0.6 −0.3 −0.9 −0.6 −1.2
Free cash flow −25.6 −24.2 −30.0 −28.1 −17.2 −11.5 −19.1 −24.6 −21.3 −25.5
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash10.9Shareholders’ equity11.1Fiscal year 2017Cash7.8Shareholders’ equity7.9Fiscal year 2018Cash4.5Shareholders’ equity3.1Fiscal year 2019Cash11.3Shareholders’ equity7.3Fiscal year 2020Cash3.2Shareholders’ equity2.0Fiscal year 2021Cash69.6Shareholders’ equity2.5Fiscal year 2022Cash45.1Shareholders’ equity44.3Fiscal year 2023Cash20.7Shareholders’ equity20.8Fiscal year 2024Cash18.4Shareholders’ equity17.6Fiscal year 2025Cash16.2Shareholders’ equity15.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 10.9 7.8 4.5 11.3 3.2 69.6 45.1 20.7 18.4 16.2
Shareholders’ equity 11.1 7.9 3.1 7.3 2.0 2.5 44.3 20.8 17.6 15.7

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−152.3% 35.7% 29.1% 36.3% n/a n/a n/a n/a n/a n/a
−830.3% −359.2% −510.2% −1,004.9% n/a n/a n/a n/a n/a n/a
−829.5% −358.1% −508.9% −994.1% n/a n/a n/a n/a n/a n/a
−639.0% −304.0% −434.6% −832.3% n/a n/a n/a n/a n/a n/a
Spending
133.7% 99.1% 145.1% 389.0% n/a n/a n/a n/a n/a n/a
252.0% 137.3% 155.0% 273.0% n/a n/a n/a n/a n/a n/a
12.3% 3.3% 2.4% 14.6% n/a n/a n/a n/a n/a n/a
Returns
−297.6% −361.8% −1,137.9% −461.7% −763.1% −518.2% −31.3% −123.6% −133.4% −169.2%
−197.4% −196.7% −328.5% −202.4% −333.6% −234.2% −27.2% −56.0% −56.5% −67.5%
Balance and payout
n/a n/a 71.1% 56.2% 115.1% 54.8% 13.3% 54.7% 57.6% 60.1%