Company / SG&A Expense
VirnetX Holding Corp SG&A Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$14.4M
FY2025
5-year range
$14.4M / $45.8M
FY2021-FY2025
Trend
-33.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has fluctuated over the past 8 years, ranging from $14M in FY2025 to $46M in FY2022.
Based on SEC 10-K filings.
$14M in FY2025 with a 5-year CAGR of -2.0%.
Improved from $16M to $14M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -32.1%
- 5-Year CAGR
- -2.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -2.0%, indicating a declining trend.
- In FY2025, sg&a expense decreased 33.9% year-over-year.
- Peak sg&a expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score -3.53 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $14.4M | -33.9% |
| FY2024 | $21.7M | +38.3% |
| FY2023 | $15.7M | -65.7% |
| FY2022 | $45.8M | +188.0% |
| FY2021 | $15.9M | +0.0% |
| FY2020 | $15.9M | -23.2% |
| FY2019 | $20.7M | -17.2% |
| FY2018 | $25.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026