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Virtuix Holdings (VTIX) 10-K Filings

VTIX NASDAQ

Here are the 10-K annual reports from Virtuix Holdings Inc. (VTIX) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow VTIX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VTIX filings page.

Rhea-AI Summary

Virtuix Holdings Inc. files Amendment No. 1 to its annual report for the year ended March 31, 2026 to add Part III disclosures on directors, executive compensation, security ownership, related‑party transactions and auditor fees, and to update officer certifications and the reported share count. No financial statements are revised.

The company reports 29,857,526 Class A and 4,000,000 Class B shares outstanding as of July 28, 2026, with CEO Jan Goetgeluk holding all Class B shares and 72.82% of total voting power, making Virtuix a Nasdaq “controlled company.” The seven‑member board is classified into three staggered classes, and only the audit committee is standing; the full board handles nominating and compensation matters. The amendment details 2026 pay for key executives, significant equity incentive plans, multiple related‑party promissory notes that have been fully repaid, and audit fees of $132,421 for 2026.

Rhea-AI Summary

Virtuix Holdings Inc. filed its annual report describing operations and financial results for the year ended March 31, 2026. The company makes Omni-branded omni-directional treadmills and is scaling its consumer Omni One system while developing its defense-focused Virtual Terrain Walk (VTW) simulation platform.

Net revenue grew 18% to $4.25 million, driven mainly by Omni One sales, and gross margin improved from -6% to 25% as pricing increased and manufacturing overhead per unit fell. However, Virtuix reported a net loss of $16.8 million and negative Adjusted EBITDA of $8.0 million, extending its accumulated deficit to $79.3 million.

To fund operations, Virtuix executed multiple debt, warrant and equity arrangements with Streeterville Capital and others, including an Equity Purchase Agreement of up to $50 million and warrant exercises. Cash on hand was $9.47 million, but management acknowledges substantial doubt about the company’s ability to continue as a going concern without additional financing, despite subsequent capital raises after year-end.