VirTra, Inc
Business
VirTra, Inc. is a global provider of judgmental use-of-force and firearms training simulators for law enforcement, military, and commercial markets. The company designs and manufactures multi-screen and single-screen simulator systems, scenario software, recoil devices, and related training accessories that enable realistic scenario-based marksmanship and de-escalation training. Core products include the V-300™, V-180™, V-100™, and V-ST PRO™ simulators, along with V-VICTA™ training coursework, V-Author™ scenario authoring software, and the STEP™ subscription program. VirTra sells directly to U.S. law enforcement and military agencies and internationally through distributors and direct government contracts.
Summary from 10-K filed 2026-03-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 22 | 26 | 38 | 28 | 24 | |
| Cost of sales | 7 | 7 | 11 | 12 | 13 | |
| Gross profit | 15 | 19 | 27 | 16 | 11 | |
| General and administrative | 12 | 14 | 14 | 11 | 8 | |
| Research and development | 2 | 3 | 3 | 3 | 2 | |
| Net operating expense | 15 | 17 | 17 | 14 | 10 | |
| Income (loss) from operations | 437,495 | 2 | 10 | 3 | 1 | |
| Other income | 341,013 | 829,618 | 888,464 | 194,523 | 97,100 | |
| Other (expense) | −631,320 | −574,982 | −302,382 | −260,688 | −85,712 | |
| Net income (expense) | −290,307 | 254,636 | 586,082 | −66,165 | 1 | |
| Income before provision for income taxes | 147,188 | 2 | 10 | 3 | 3 | |
| Provision (Benefit) for income taxes | −111,258 | 887,286 | 2 | 571,642 | 246,050 | |
| Net income | 258,446 | 1 | 9 | 2 | 3 | |
| Basic (per share) | 0.02 | 0.12 | 0.85 | 0.18 | 0.25 | |
| Diluted (per share) | 0.02 | 0.12 | 0.85 | 0.18 | 0.25 | |
| Basic (shares) | 11 | 11 | 11 | 11 | 10 | |
| Diluted (shares) | 11 | 11 | 11 | 11 | 10 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-09-30 | FY 2025 2025-06-30 | FY 2025 2025-03-31 | FY 2024 2024-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 19 | — | — | — | 18 | |
| Accounts receivable, net | 6 | — | — | — | 8 | |
| Inventory, net | 13 | — | — | — | 15 | |
| Unbilled revenue | 868,216 | — | — | — | 3 | |
| Prepaid expenses and other current assets | 3 | — | — | — | 1 | |
| Deferred contract costs short-term | 374,375 | — | — | — | — | |
| Total current assets | 41 | — | — | — | 44 | |
| Property and equipment, net | 16 | — | — | — | 16 | |
| Operating lease right-of-use asset, net | 268,873 | — | — | — | 437,095 | |
| Intangible assets, net | 3 | — | — | — | 558,651 | |
| Security deposits, long-term | 15,979 | — | — | — | 35,691 | |
| Other assets, long-term | 424,226 | — | — | — | 148,177 | |
| Deferred tax asset, net | 4 | — | — | — | 4 | |
| Deferred contract costs long-term | 488,695 | — | — | — | — | |
| Total long-term assets | 24 | — | — | — | 21 | |
| Total assets | 65 | — | — | — | 65 | |
| Accounts payable | 784,074 | — | — | — | 957,384 | |
| Accrued compensation and related costs | 461,430 | — | — | — | 1 | |
| Accrued expenses and other current liabilities | 1 | — | — | — | 657,114 | |
| Note payable, current | 227,754 | — | — | — | 230,787 | |
| Operating lease liability, short-term | 196,311 | — | — | — | 192,410 | |
| Deferred revenue, short-term | 7 | — | — | — | 6 | |
| Total current liabilities | 10 | — | — | — | 10 | |
| Deferred revenue, long-term | 2 | — | — | — | 2 | |
| Note payable, long-term | 7 | — | — | — | 8 | |
| Operating lease liability, long-term | 89,053 | — | — | — | 265,111 | |
| Total long-term liabilities | 9 | — | — | — | 10 | |
| Total liabilities | 20 | — | — | — | 20 | |
| Commitments and contingencies (See Note 10) | — | — | — | — | — | |
| Preferred stock $0.0001 par value; 2,500,000 shares authorized; no shares issued or outstanding | — | — | — | — | — | |
| Common stock value | 1,130 | — | — | — | 1,125 | |
| Additional paid-in capital | 33 | — | — | — | 33 | |
| Retained Earnings | 13 | — | — | — | 12 | |
| Total stockholders equity | 46 | 46 | 47 | 46 | 45 | |
| Total liabilities and stockholders equity | 65 | — | — | — | 65 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 2 | 1 | 928,545 | 887,118 | 589,059 | |
| Right of use amortization | 168,222 | 279,592 | 496,127 | 412,335 | 310,221 | |
| Employee stock compensation | 140,983 | 777,093 | 75,037 | 456,167 | 223,716 | |
| Bad debt expense | — | −166,640 | 308,657 | — | — | |
| Stock issued for service | — | 160,104 | — | — | — | |
| Accounts receivable, net | 2 | 9 | −14 | 893,852 | −3 | |
| Inventory, net | 2 | −2 | −3 | −5 | −1 | |
| Deferred taxes | −539,889 | 34,580 | −1 | −564,528 | 217,766 | |
| Deferred Contract Costs | −863,070 | — | — | — | — | |
| Unbilled revenue | 2 | −1 | — | — | — | |
| Prepaid expenses and other current assets | −1 | −366,313 | −375,753 | 409,836 | −558,442 | |
| Other assets | −256,335 | 53,493 | 174,791 | −186,727 | 310,380 | |
| Accounts payable and other accrued expenses | −429,004 | −6 | 4 | 2 | 881,662 | |
| Operating lease right of use | −172,156 | −292,495 | −527,690 | −416,292 | — | |
| Deferred revenue | 636,819 | −1 | 4 | −219,729 | −500,731 | |
| Net cash provided by operating activities | 5 | 1 | 7 | −3 | −125,743 | |
| Internal intangible assets | −2 | — | — | −120,016 | −287,106 | |
| Purchase of property and equipment | −2 | −2 | −1 | −3 | −3 | |
| Net cash used in investing activities | −4 | −2 | −1 | −3 | −4 | |
| Principal payments of debt | −253,452 | −240,862 | −243,084 | −231,264 | −78,212 | |
| Stock issued for options exercised | — | 20,153 | — | 40,845 | 11,320 | |
| Net cash used in financing activities | −253,452 | −220,709 | −188,184 | −190,419 | 17 | |
| Net increase in cash | 553,771 | −809,015 | 5 | −6 | 13 | |
| Income taxes paid | 224,698 | 6 | — | 108,777 | 99,035 | |
| Interest paid | 234,268 | 241,838 | 248,653 | 128,507 | 85,703 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is VirTra, Inc's CIK number?
VirTra, Inc's SEC CIK number is 0001085243 (1085243). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find VirTra, Inc's SEC filings?
All of VirTra, Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did VirTra, Inc last report earnings?
VirTra, Inc (VTSI) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-022226). This is VirTra, Inc's most recent earnings filing of record — not a forecast of its next earnings date.
What is VirTra, Inc's most recent earnings 8-K?
VirTra, Inc's latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001493152-26-022226. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View VirTra, Inc's latest earnings 8-K →
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