VSee Health, Inc. (VSEE)
OTC: VSEE · Services-Health Services · Boca Raton, FL · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Mar 31, 2026 | Aug 28, 2025 | Apr 12, 2024 | Apr 12, 2023 | Mar 29, 2022 |
| Revenue | 14,618,184 | 10,421,352 | 5,765,889 | · | · |
| Cost of revenue | 7,262,219 | 3,243,772 | 1,933,195 | · | · |
| Gross profit | 7,355,965 | 7,177,580 | 3,832,694 | · | · |
| General and administrative | 10,037,275 | 6,553,961 | 1,202,456 | · | · |
| Total operating expenses | 16,938,858 | 69,328,425 | 5,706,283 | · | · |
| Total costs and expenses | · | · | 2,593,765 | 3,594,967 | · |
| Operating income | -9,582,893 | -62,150,845 | -1,873,589r | -3,594,967 | · |
| Interest expense | 2,811,861 | 211,459 | 191,323 | 125,980 | · |
| Interest and investment income | · | · | 358,767 | 922,644 | · |
| Other income (expense), net | 47,429 | 504 | -20,114 | · | · |
| Total non-operating income (expense) | -5,061,531 | 2,805,929 | -13,375r | 539,691 | · |
| Income before income taxes | -14,644,424 | -59,344,916 | -1,886,964r | -3,055,276 | · |
| Income tax expense | 68,426 | -1,642,901 | 1,838,490 | 187,225 | · |
| Net income including non-controlling interests | -14,712,850 | -57,702,015 | -3,725,454r | -3,242,501 | · |
| Net income to non-controlling interests | · | · | 37,476 | · | · |
| Net income | -14,712,850 | -57,702,015 | -3,762,930r | -3,242,501 | · |
| Earnings per share, basic | -0.73 | -5.65 | -0.38r | -0.25 | · |
| Earnings per share, diluted | -0.73 | -5.65 | -0.38r | -0.25 | · |
| Weighted average shares, basic | 20,143,393 | 10,213,036 | 9,998,446r | 12,741,219 | · |
| Weighted average shares, diluted | 20,143,393 | 10,213,036 | 9,998,446r | 12,741,219 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:OperatingCostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseDebtInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding