Virtuix Holdings Inc.
Business
Virtuix Holdings Inc. designs and manufactures omni-directional treadmills under the Omni brand that enable full-body movement in virtual reality environments. The company sells three primary products: Omni One (consumer and enterprise VR treadmill launched 2024), Omni Arena (out-of-home entertainment system in sustaining mode), and Virtual Terrain Walk (defense-sector simulation system in development). Virtuix operates a vertically integrated model spanning hardware design, game development, manufacturing, and distribution across consumer, enterprise, and defense markets, supplemented by recurring revenue from software subscriptions and maintenance services.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 |
|---|---|---|---|
| NET SALES | 4 | 4 | |
| COST OF GOODS SOLD | 3 | 4 | |
| GROSS PROFIT (LOSS) | 1 | −227,377 | |
| Selling expenses | 3 | 2 | |
| General and administrative expenses | 8 | 10 | |
| Research and development expenses | 845,994 | 2 | |
| TOTAL OPERATING EXPENSES | 11 | 14 | |
| LOSS FROM OPERATIONS | −10 | −14 | |
| Interest income | 605 | 1,372 | |
| Other income | 5,445 | — | |
| Loss on extinguishment of debt | −122,864 | — | |
| Other expense | −70 | −72 | |
| Interest expense | −4 | −369,420 | |
| Financing expense | −3 | — | |
| TOTAL OTHER INCOME (EXPENSE) | −6 | −368,120 | |
| Enterprise income tax expense | 1,700 | 2,353 | |
| Delaware franchise tax | 123,558 | 76,602 | |
| TOTAL PROVISION FOR INCOME TAX | 125,258 | 78,955 | |
| SHARE OF LOSS IN JOINT VENTURE | — | −14,948 | |
| NET LOSS | −17 | −15 | |
| Basic (in Shares) | 23 | 8 | |
| Diluted (in Shares) | 23 | 8 | |
| Basic (in Dollars per share) | −0.73 | −1.78 | |
| Diluted (in Dollars per share) | −0.73 | −1.78 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 9 | 477,908 | — | |
| Receivables, net of allowance for credit losses | 379,289 | 125,672 | — | |
| Inventory | 1 | 1 | — | |
| Prepaids and other current assets | 897,109 | 306,153 | — | |
| TOTAL CURRENT ASSETS | 12 | 2 | — | |
| Property and equipment | 1 | 1 | — | |
| Less: accumulated depreciation | −1 | −857,028 | — | |
| Net property and equipment | 378,310 | 464,903 | — | |
| Intangibles | 3 | 3 | — | |
| Less: accumulated amortization | −1 | −810,356 | — | |
| Net intangibles | 2 | 2 | — | |
| Investment in joint venture | 40,619 | 40,689 | — | |
| Other assets | 87,264 | 86,258 | — | |
| Right-of-use asset - operating | 779,514 | 835,488 | — | |
| TOTAL NONCURRENT ASSETS | 3 | 3 | — | |
| TOTAL ASSETS | 15 | 6 | — | |
| Accounts payable | 721,792 | 807,401 | — | |
| Accrued expenses | 559,517 | 502,001 | — | |
| Deferred revenue | 666,327 | 2 | 2 | |
| Gift card liability | 446,252 | — | — | |
| Current portion of notes payable, net of discount and unamortized deferred loan costs | 6 | 3 | — | |
| Current portion of EIDL loan | 570 | 549 | — | |
| Current lease liabilities | 286,702 | 204,051 | — | |
| TOTAL CURRENT LIABILITIES | 9 | 6 | — | |
| Notes payable, net of discount and unamortized deferred loan costs | 2 | — | — | |
| EIDL loan | 23,517 | 24,087 | — | |
| Non-current lease liabilities | 492,812 | 631,437 | — | |
| TOTAL LONG-TERM LIABILITIES | 3 | 655,524 | — | |
| TOTAL LIABILITIES | 12 | 7 | — | |
| Preferred stock, $.001 par value, 50,000,000 and 29,300,000 shares authorized at March 31, 2026 and March 31, 2025, and 0 and 21,688,242 shares issued and outstanding at March 31, 2026 and March 31, 2025, respectively, with liquidation preferences respectively of $0 and $55,536,941 at March 31, 2026 and March 31, 2025 | — | 21,688 | — | |
| Additional paid-in capital | 82 | 62 | — | |
| Accumulated deficit | −79 | −62 | — | |
| TOTAL STOCKHOLDERS EQUITY (DEFICIT) | 3 | −794,035 | 1 | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT) | 15 | 6 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 |
|---|---|---|---|
| Depreciation and amortization expense | 625,987 | 482,389 | |
| Amortization of discount on notes payable | 3 | 13,727 | |
| Amortization of loan cost | 26,871 | — | |
| Credit loss (recovery) expense | 73,151 | −17,912 | |
| Stock-based compensation | 441,951 | 6 | |
| Share of loss in joint venture | 70 | 14,948 | |
| Warrant modification expense | 3 | — | |
| Loss on extinguishment of debt | 122,864 | — | |
| Stock issuance in exchange for services | 1 | — | |
| Prepaid expenses and other current assets | −590,956 | 372,489 | |
| Accounts receivable | −326,768 | −78,093 | |
| Other assets | −1,006 | −6,654 | |
| Inventory | 267,626 | −485,759 | |
| Operating lease right-of-use assets | −260,867 | 282,593 | |
| Accounts payable | −85,609 | 410,623 | |
| Accrued expenses | 544,879 | 272,873 | |
| Gift card liability | 446,252 | — | |
| Operating lease liabilities | 260,867 | −282,593 | |
| Deferred revenue | −1 | −80,786 | |
| CASH USED IN OPERATING ACTIVITIES | −10 | −8 | |
| Cash paid for purchases of property and equipment, including intangibles | −97,045 | −467,189 | |
| CASH USED IN INVESTING ACTIVITIES | −97,045 | −467,189 | |
| Issuance of preferred stock | 2 | 3 | |
| Proceeds from SAFE notes | — | 4 | |
| Payments on short-term notes payable | −1 | −411,247 | |
| Payments on long-term notes payable | −549 | −364 | |
| Proceeds from short-term notes payable | 2 | 2 | |
| Payment for equity repurchase | — | −2,750 | |
| Proceeds from warrants exercised, net of issuance costs | 7 | 95 | |
| Proceeds from convertible notes, net of issuance costs | 9 | — | |
| Proceeds from exercise of stock option | 24,978 | — | |
| Due (to) from related parties | −40,000 | 14,230 | |
| CASH PROVIDED BY FINANCING ACTIVITIES | 19 | 9 | |
| NET INCREASE (DECREASE) IN CASH | 9 | 207,879 | |
| Interest paid | 9,209 | 56,824 | |
| Enterprise income taxes paid to Peoples Republic of China | 1,700 | 2,353 | |
| Delaware franchise tax paid | 123,558 | 55,258 | |
| SAFE notes converted to preferred stock | — | 5 | |
| Fair value of warrants issued with SAFE Notes | — | 394,132 | |
| Conversion of Class A common stock to Class B common Stock | 4,000 | — | |
| Debt and accrued interest extinguished for issuance of preferred stock | 462,975 | — | |
| Conversion of preferred stock to common stock | 22,153 | — | |
| Total amount issued in connection with equity transactions | 214,906 | — | |
| Fair value of warrants issued with convertible note | 8 | — | |
| Promissory notes converted to common stock | 787,896 | — | |
| Recognition of right-of-use assets - operating | 204,893 | 821,644 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Virtuix Holdings Inc.'s CIK number?
Virtuix Holdings Inc.'s SEC CIK number is 0001606242 (1606242). 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 Virtuix Holdings Inc.'s SEC filings?
All of Virtuix Holdings 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 Virtuix Holdings Inc. last report earnings?
Virtuix Holdings Inc. (VTIX) most recently filed an earnings 8-K with the SEC on Jun 26, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-072654). This is Virtuix Holdings Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Virtuix Holdings Inc.'s most recent earnings 8-K?
Virtuix Holdings Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 26, 2026 under accession 0001213900-26-072654. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Virtuix Holdings Inc.'s latest earnings 8-K →
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