Welcome to our dedicated page for Virtra SEC filings (Ticker: VTSI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
VirTra, Inc. filings document the public-company disclosures of a Nevada corporation that provides judgmental use-of-force and firearms training simulators. Form 8-K reports furnish financial results releases and operational commentary on revenue recognition, bookings, backlog, customer funding conditions, product offerings and simulator deployments.
VirTra regulatory documents also cover governance matters, including definitive proxy materials for annual meeting proposals, director elections and stockholder voting. Other current reports record board and committee changes, audit committee leadership, compensatory and governance committee assignments, and formal reporting of material events under the Exchange Act.
VirTra, Inc. reported the results of its 2026 annual meeting of stockholders. All five director nominees – John F. Givens II, Gregg C.E. Johnson, Michael T. Ayers, Lt. Gen.(R) Maria R. Gervais, and Grant A. Barber – were elected to serve one-year terms ending at the 2027 annual meeting.
Stockholders ratified Haynie as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 7,179,984 votes for, 26,674 against, and 3,119 abstaining. They also approved, on a non-binding basis, the compensation of the named executive officers, with 3,042,278 votes for, 879,956 against, and 96,217 abstaining.
In an advisory vote on how often to hold future advisory votes on executive compensation, stockholders indicated a preference for an annual vote. The voting on frequency showed 1,959,950 votes for one year, 91,183 for two years, 1,933,934 for three years, and 33,384 abstentions.
Ayers Michael T. reported acquisition or exercise transactions in this Form 4 filing.
VirTra, Inc director Michael T. Ayers received a grant of 4,470 shares of Common Stock as compensation for his board service. The stock was awarded at no cash cost to him under VirTra’s compensation plan for non-employee directors. Following this award, he directly holds 7,970 VirTra common shares.
BARBER GRANT reported acquisition or exercise transactions in this Form 4 filing.
VirTra, Inc. director Grant Barber received a stock grant of 1,392 shares of Common Stock as compensation. The shares were awarded on June 22, 2026 at a stated price of $0.00 per share under the company’s compensation plan for non-employee directors. After this award, Barber directly holds 21,042 shares of VirTra common stock.
Gervais Maria R. reported acquisition or exercise transactions in this Form 4 filing.
VirTra, Inc director Maria R. Gervais received a stock grant of 4,126 shares of Common Stock as compensation for board service. The shares were granted at no cash cost to her under the company’s compensation plan for non-employee directors, bringing her direct holdings to 10,126 shares.
JOHNSON GREGG C reported acquisition or exercise transactions in this Form 4 filing.
VirTra, Inc director Gregg C. Johnson received a grant of 2,751 shares of common stock on June 22, 2026 as director compensation under the company’s non-employee director plan. The shares were granted at $0.00 per share, increasing his direct holdings to 13,351 shares.
VirTra, Inc. director Grant Barber reported an open-market purchase of Common Stock. He bought 2,500 shares on May 29, 2026 at a price of $3.39 per share. After this transaction, he directly owns 19,650 shares of VirTra common stock.
VirTra, Inc Chief Financial Officer Alanna Boudreau reported an open-market purchase of 5,000 shares of VirTra common stock at $3.3599 per share on May 15, 2026. Following this transaction, she directly holds 22,853 shares of common stock.
The filing also reports 4,000 shares of common stock held indirectly through her spouse as of the same date, reflecting additional family ownership separate from her direct position.
VirTra, Inc director Grant Barber reported open-market purchases of a total of 6,025 shares of VirTra common stock. The trades took place on May 14 and May 15 at prices between $3.35 and $3.37 per share. Following these transactions, Barber directly owns 17,150 shares of VirTra common stock, reflecting increased personal exposure to the company’s equity.
VirTra, Inc. reported a weak first quarter 2026, with total revenue of $3.5 million compared to $7.2 million a year earlier, a 51% decline. Gross profit fell to $2.1 million, and gross margin compressed to 61% from 73%.
The company swung to a net loss of $1.3 million, or $(0.12) per diluted share, from net income of $1.3 million, or $0.11 per share, in the prior-year period. Adjusted EBITDA declined to $(0.9) million from $1.7 million. Management cited customers’ funding and procurement timing as key drivers but highlighted $3.8 million in Q1 bookings and a $25.2 million backlog, along with a cash balance of $17.9 million supporting ongoing operations.
VirTra, Inc. reported a sharp downturn for the three months ended March 31, 2026. Revenue fell to $3.47 million from $7.16 million a year earlier, mainly because several late‑2025 bookings could not be delivered and the business remains concentrated in government‑funded customers.
The company swung from net income of $1.26 million to a net loss of $1.33 million, as lower volume and ongoing development and content costs reduced its gross margin from 73% to 61%. Operating expenses declined about 10%, but not enough to offset the revenue shortfall.
VirTra’s balance sheet remains solid, with $17.85 million of cash and working capital of $29.28 million. Backlog totaled $25.2 million, including capital, service, and STEP subscription contracts, and STEP revenue rose to $0.99 million, or 28% of sales. However, previously identified material weaknesses in internal controls and reliance on government budgets continue.