Vivani Medical (VANI)

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Vivani Medical Inc is a clinical-stage biopharmaceutical company developing miniature, long-acting drug implants for chronic disease treatment. Its work centres on NanoPortal, a proprietary implant technology designed to release medicines at controlled, near constant rates over extended periods after subdermal placement. The aim is to reduce the burden of frequent dosing and improve outcomes in conditions where adherence, tolerability, or administration complexity can limit the effectiveness of otherwise proven therapies.

The company’s biopharmaceutical strategy focuses on implantable versions of established medicines, including candidates intended for metabolic and other chronic diseases. By using a small implant that can be placed under the skin and removed if needed, Vivani seeks to combine long duration of action with reversibility. This approach is intended to address one of the persistent problems in chronic care: patients may miss doses, discontinue therapy, or struggle with injections and other recurring treatment routines.

Vivani also has a Neurostimulation Division, reflecting its corporate history and broader medical technology footprint. However, its principal growth narrative is tied to the development, clinical validation, and potential commercialization of ultra long-acting drug delivery products, either independently or through partnerships with larger pharmaceutical companies.

As a clinical-stage company, Vivani does not have the same risk profile as an established pharmaceutical manufacturer. Its prospects depend on trial results, regulatory progress, manufacturing execution, intellectual property protection, financing, and the willingness of payers and clinicians to adopt implant-based treatment models. If successful, its platform could be applied across multiple medicines where sustained exposure and improved adherence are clinically valuable.

1.28 USD
1.24 USD
−0.02 (-1.54%)
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Last updated

Market Cap
358.36M
P/E
P/FCF
P/S
Enterprise Value
338.61M
Sector
Health Care
Industry
Electromedical and Electrotherapeutic Apparatus
Address
1350 S. LOOP ROAD, ALAMEDA, CA, 94502
Market Cap
358.36M
Enterprise Value
338.61M
P/E
P/B
18.78
P/S
EV / EBITDA
-12.38
EV / Sales
EPS
-2.06
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-26.52M
ROE
-141.93%
ROA
-63.96%
Debt / Equity
0
Current Ratio
3.18
Quick Ratio
3.18
Cash
2.91
Avg Volume
6.48K
Fundamentals Snapshot Price
27.28

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
Operating income -6.82M -6.81M -6.73M -7.46M -6.56M
EBITDA -6.69M -6.7M -6.62M -7.36M -6.46M
Net income -6.78M -6.63M -6.53M -7.14M -6.3M
Basic EPS -0.08 -0.09 -0.11 -0.12 -0.11
Diluted EPS -0.08 -0.09 -0.11 -0.12 -0.11

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 42.35M 39.39M 25.05M 28.91M 35.45M
Total liabilities 23.27M 23.66M 23.74M 24M 23.83M
Total equity 19.09M 15.73M 1.31M 4.91M 11.62M
Cash & equivalents 19.75M 16.23M 2.63M 6.79M 13.01M
Current assets 21.55M 17.9M 4.18M 8.72M 14.85M
Current liabilities 6.78M 6.6M 6.83M 6.72M 6.2M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -6.2M -6.72M -6.35M -6.09M -5.16M
Investing cash flow -3K -274K -823K -71K -5K
Financing cash flow 9.71M 20.59M 2.95M -95K -170K
Change in cash 3.52M 13.6M -4.17M -6.21M -5.34M
Kind Filing Date Link
edgar index 4 — Vivani Medical, Inc. View Filing
edgar index SCHEDULE 13D/A — Vivani Medical, Inc. View Filing
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edgar index DEFA14A — Vivani Medical, Inc. View Filing
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form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 10-K — Vivani Medical, Inc. View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
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edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
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edgar index 4 — Vivani Medical, Inc. View Filing
edgar index 424B5 — Vivani Medical, Inc. View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — BRADBURY DANIEL View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Mendelsohn Aaron View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
edgar index 10-Q — Vivani Medical, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 424B5 — Vivani Medical, Inc. View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
edgar index 4 — Vivani Medical, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
form 4 Form 4 — Williams Gregg View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — Vivani Medical, Inc. View Filing