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Virtuix Holdings Inc. 10-Q Filings

VTIX NASDAQ

Every 10-Q that Virtuix Holdings Inc. (VTIX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, 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. (VTIX) filed an amended quarterly report primarily to furnish iXBRL data and correct the table of future note maturities; all other disclosures are unchanged from the original June 30, 2026 quarter report. For the three months ended June 30, 2026, sales were $767,300 versus $1,032,136 a year earlier, and net loss widened to $7,170,566 from $2,307,155. Cash and cash equivalents were $7.4 million and total assets $12.6 million, against total liabilities of $15.7 million, resulting in a stockholders’ deficit of $3.1 million. Virtuix uses complex financing with Streeterville Capital, including an $8.64 million prepaid purchase arrangement (PPP #1), a second $3.47 million prepaid purchase arrangement (PPP #2) recorded at fair value, and an Exchange Note of $2.42 million principal; related embedded derivative liabilities totaled $5.8 million. Management revised prior-period accounting for these instruments, increasing March 31, 2026 liabilities by $1.95 million and reducing equity by the same amount, but characterized the revisions as immaterial and noncash. The company discloses substantial doubt about its ability to continue as a going concern within one year due to recurring losses, accumulated deficit of $86.5 million, and limited working capital.

Rhea-AI Summary

Virtuix Holdings Inc. (VTIX) reports for the quarter ended June 30, 2026 that it remains unprofitable and highly leveraged. Sales were $767,300, down from $1,032,136 a year earlier, with a net loss of $7,170,566 versus $2,307,155 and an accumulated deficit of $86,517,001.

Total assets were $12.6 million, while total liabilities were $15.7 million, resulting in stockholders’ deficit of $(3.1) million. Cash and cash equivalents were $7.4 million, but operating activities used $3.3 million of cash this quarter. Management discloses that these losses, limited liquidity and funding needs raise substantial doubt about the ability to continue as a going concern.

The company relies heavily on complex financings with Streeterville Capital, including an $8.64 million prepaid purchase arrangement (PPP #1), a new $3.47 million prepaid purchase arrangement (PPP #2, carried at fair value of $3.90 million), and an Exchange Note with $2.42 million principal outstanding. Derivative and fair value liabilities totaled $5.80 million. Previously issued financial statements were revised for noncash errors in accounting for embedded derivatives, which increased past net losses and liabilities but did not change cash flows.

Rhea-AI Summary

Virtuix Holdings Inc. (VTIX) continued to grow revenue but remained deeply unprofitable and flagged going concern risks. For the nine months ended December 31, 2025, net sales rose to $2,980,765 from $2,110,889, driven mainly by Omni One home VR systems and related services.

Despite higher sales and improved gross profit, the company reported a net loss of $(6,892,302), following a $(12,024,068) loss a year earlier, and an accumulated deficit of $(69,384,892). Management disclosed that recurring losses, limited working capital, and liquidity pressures raise “substantial doubt” about its ability to continue as a going concern.

To bolster liquidity, Virtuix issued multiple high‑cost and convertible notes, including secured promissory notes to Streeterville Capital and subordinated investor notes, many with original issue discounts and associated equity warrants. Subsequent to quarter‑end, its Nasdaq direct listing became effective, triggering an initial $8,000,000 advance under an equity financing agreement and several warrant exercises and note conversions into Class A common stock.