PVCT on OTC

PROVECTUS BIOPHARMACEUTICALS, INC.

PROVECTUS BIOPHARMACEUTICALS, INC. is an American pharmaceutical preparations company based in Knoxville.2 Its shares trade on OTC under the symbol PVCT.2

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Last updated Oct 21, 2026.

Overview

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  • TickerPVCT on OTC2
  • IndustryPharmaceutical Preparations2
  • HeadquartersKnoxville, United States2
  • Incorporated inDE3
  • Business address800 S. Gay Street, Suite 1610, Knoxville, Tn 379293
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300PIIESQMJOOJG142
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O National Registered Agents, Inc., 19904 Dover, United States2

Halogenated Fluorescein Assists in Full Skin-Thickness Wound Healing (USPTO application number 19/198639).4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1575.3%Operating margin5
-1615.8%Net margin5
-45.5%Revenue growth, 20255

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development100¢$1.9M
  • Interest0¢$5.3K

Out of $336.1K in revenue.5 The company lost money this year.

Financial statements

Revenue675$336.1K in 2025−66% since 2022
0$250.0K$500.0K$750.0K$1.0M2022: $989.0K$989.0K20222023: $557.7K$557.7K2023−44%2024: $617.1K$617.1K2024+11%2025: $336.1K$336.1K2025−46%
Operating income8910675-$5.3M in 2025−16% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$6.3M-$6.3M20192020: -$5.0M-$5.0M2020−21%2021: -$4.7M-$4.7M2021−6%2022: -$3.4M-$3.4M2022−27%2023: -$2.9M-$2.9M2023−15%2024: -$4.5M-$4.5M2024+56%2025: -$5.3M-$5.3M2025+17%
Net income8910675-$5.4M in 2025−22% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$6.9M-$6.9M20192020: -$6.7M-$6.7M2020−4%2021: -$5.5M-$5.5M2021−17%2022: -$3.6M-$3.6M2022−36%2023: -$3.1M-$3.1M2023−13%2024: -$4.7M-$4.7M2024+53%2025: -$5.4M-$5.4M2025+15%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Grant Revenue$336.1K$617.1K
Research and development$1.9M$2.1M
General and administrative$3.7M$3.1M
Total Operating Expenses$5.6M$5.1M
Total Operating Loss-$5.3M-$4.5M
Research and development credit$9.3K
Interest expense-$210.4K-$239.1K
Total Other Income (Expense), Net-$210.4K-$229.8K
Net Loss-$5.5M-$4.8M
Net Loss attributable to noncontrolling interest-$74.3K-$29.6K
Net Loss attributable to common stockholders-$5.4M-$4.7M
Basic Loss Per Common Share-$0.01-$0.01
Diluted Loss Per Common Share-$0.01-$0.01
Weighted Average Number of Common Shares Outstanding - Basic420.3M shares419.8M shares
Weighted Average Number of Common Shares Outstanding - Diluted420.3M shares419.8M shares

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Corporate structure

PROVECTUS BIOPHARMACEUTICALS, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of PROVECTUS BIOPHARMACEUTICALS, INC.

  • Edward Pershing Filed SCHEDULE 13D/A on PROVECTUS BIOPHARMACEUTICALS, INC., latest Jul 22, 2026 (4 filings since Jul 3, 2024)
  • Dominic Rodrigues Filed SCHEDULE 13D on PROVECTUS BIOPHARMACEUTICALS, INC., latest Dec 8, 2025
  • Jeffrey Allen Morris Filed SC 13G on PROVECTUS BIOPHARMACEUTICALS, INC., latest Aug 14, 2024 (3 filings since Mar 28, 2023)
  • PROVECTUS BIOPHARMACEUTICALS, INC. Knoxville, Tennessee, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What PROVECTUS BIOPHARMACEUTICALS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$120.0K5 Dec 31, 2025$118.2K5 Dec 31, 2024+1.6%
Property and equipment, net$3.0K5 Dec 31, 2025$4.9K5 Dec 31, 2024−38.3%
Operating-lease assets (leased space)$126.6K5 Dec 31, 2025$24.6K5 Dec 31, 2024+414.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$251.3K5 Dec 31, 2025$307.4K5 Dec 31, 2024−18.3%

Properties, in its own words

On June 18, 2022, the Company moved into 2,700 square feet of leased corporate office space in Knoxville, Tennessee through an operating lease agreement for a term of three years ending June 30, 2025. The monthly base rent ranged from $4,053 to $4,278 over the term on the lease.

On April 24, 2025, the Company entered into the first amendment to its operating lease agreement, extending the lease term by an additional three years through June 30, 2028. Pursuant to the amendment, monthly base rent will range from $4,391 to $4,616 over the extended term.

Item 2 of the 10-K filed Mar 26, 2026.4

Leadership

Who has led PROVECTUS BIOPHARMACEUTICALS, INC., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (11)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorJohn Lacey, III named Oct 28, 2022 to Jul 17, 202430

Former names

  • PROVECTUS PHARMACEUTICALS INCMay 21, 2002 to Dec 18, 20133
  • PROVECTUS PHARMACEUTICAL INCApr 24, 2002 to May 15, 20023
  • ZAMAGE DIGITAL IMAGING INCApr 17, 2002 to Apr 1, 20023
  • SPM GROUP INCAug 15, 2000 to Nov 14, 20013

Timeline

  1. Jul 1, 20268-K Executive or director change31
  2. Jun 22, 20268-K Shareholder vote32
  3. Jun 18, 20268-K Regulation FD disclosure33
  4. Apr 21, 20268-K Other events34
  5. Feb 2, 20268-K Bylaws or fiscal year changed35
  6. Jun 20, 20258-K Shareholder vote36
  7. Jun 18, 20258-K Regulation FD disclosure37
  8. Apr 16, 20258-K Change of auditor38
  9. Jan 22, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares39
  10. Dec 26, 20248-K Entered a material agreement40
  11. Dec 11, 20248-K Other events41
  12. Dec 5, 20248-K Executive or director change42
  13. Apr 26, 2024New chief executive Edward Pershing becomes CEO13
  14. Mar 31, 2016New chief executive Peter R. Culpepper becomes CEO14
  15. Apr 25, 2006New chief executive H. Craig Dees becomes CEO15

Filings

244 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 33 major events, 153 insider forms, 8 large holders, 2 private raises, 26 other. The latest 20:

  1. Oct 13, 20264 EDGAR
  2. Oct 5, 20264 EDGAR
  3. Sep 18, 20264 EDGAR
  4. Sep 11, 20264 EDGAR
  5. Sep 8, 20264 EDGAR
  6. Aug 26, 20264 EDGAR
  7. Aug 13, 202610-Q EDGAR
  8. Jul 22, 2026SCHEDULE 13D/A EDGAR
  9. Jul 2, 20264 EDGAR
  10. Jul 1, 20268-K EDGAR
  11. Jun 30, 20264 EDGAR
  12. Jun 30, 20264 EDGAR
  13. Jun 30, 20264 EDGAR
  14. Jun 22, 20268-K EDGAR
  15. Jun 18, 20268-K EDGAR
  16. Jun 5, 20264 EDGAR
  17. May 29, 20264 EDGAR
  18. May 26, 20264 EDGAR
  19. May 15, 20264 EDGAR
  20. May 14, 202610-Q EDGAR

The 244 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Edward PershingSCHEDULE 13D/A, 4 filings Jul 3, 2024 to Jul 22, 202643
  • Dominic RodriguesSCHEDULE 13D, 1 filing Dec 8, 202544
  • Jeffrey Allen MorrisSC 13G, 3 filings Mar 28, 2023 to Aug 14, 202445

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Dominic Rodrigues,$240.0K$315.0K46
2025Edward PershingCPA,$240.0K$315.0K46
2025Eric WachterPh.D.,$240.0K46
2025Heather RainesCPA,$200.0K$200.0K46
2024Chief Executive Officer$170.0K$2.1M46
2024President$170.0K$1.5M46
2024Chief Financial Officer$131.2K$444.8K46
2024Chief Technology Officer$240.0K$399.8K46

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$317.5K 2022–2022
Money received by yearMoney received by year, 2022–2022: $317.5K in all. Private raises (Form D) $317.5K.$0$100K$200K$300K$400K2022 · Private raises (Form D): $317.5K2022
Figures by year
YearPrivate raises (Form D)Total
2022$317.5K$317.5K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Jul 17, 2024Filed a private offering of debt30 Form D: $10 million offered in all Form D
  2. Sep 23, 2022Raised $317,500 in a private offering of debt47 Form D: $5 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Home Federal Bank Of Tennessee100,000$6.9K0.0%No change
Atlas Wealth LLC19,620$1.4K0.0%No change
Financial Symmetry Inc10,191$7070.0%No change
Huntington National Bank1$00.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How PROVECTUS BIOPHARMACEUTICALS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPROVECTUS BIOPHARMACEUTICALS, INC.1
  • CIK0000315545
  • Employer ID (EIN)90-00319174
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2834 Pharmaceutical Preparations1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business address800 S. Gay Street, Suite 1610, Knoxville, TN 379291
  • Phone(866) 594-59991
  • Shares outstanding420,279,879 as of Aug 11, 202612
  • Public float$30.6M as of Jun 30, 20254
  • AuditorCBIZ CPAS P.C., Los Angeles, CA PCAOB ID 199; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceMar 31, 20001
  • Filings1,077 in all: 4 (339), 8-K (292), 10-Q (57), DEF 14A (30), CORRESP (28), 10QSB (26), UPLOAD (23), 10-K (18)1
    All 59 form types

    DEFA14A (18), 424B3 (17), PRE 14A (16), D (15), EFFECT (15), 3 (13), 4/A (10), SC 13G/A (10), 10KSB (9), 424B5 (9), SC 13G (8), 10QSB/A (7), S-1/A (7), REGDEX (6), SC TO-I/A (6), 10KSB/A (5), 8-K/A (5), NT 10-K (5), POS AM (5), S-3 (5), SC 13D/A (5), 10-K/A (4), ARS (4), PRER14A (4), S-2/A (4), S-8 (4), SC 13D (4), S-2 (3), SB-2/A (3), 25-NSE (2), 8-A12B (2), AW (2), CERTNYS (2), CT ORDER (2), D/A (2), DFAN14A (2), FWP (2), NT 10-Q (2), RW (2), S-1 (2), S-3/A (2), S-4 (2), SB-2 (2), SC TO-I (2), SCHEDULE 13D/A (2), 10-Q/A (1), 3/A (1), 424B4 (1), 8-A12G (1), S-4/A (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 26, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) Apr 30, 2026
    Latest 8-K (8-K) Jul 1, 2026

Risk factors and legal proceedings

The risks PROVECTUS BIOPHARMACEUTICALS, INC. names in Item 1A of its 10-K filed Mar 26, 2026: 19 risks under these headings, as written.4

  • Risks Related to Our Business
  • We are a clinical-stage drug company, have no prescription drug products approved for commercial sale, have incurred substantial losses, and expect to incur substantial losses and negative operating cash flow for the foreseeable future.
  • We need additional capital to conduct our operations and commercialize and/or further develop our prescription drug candidates and prescription drug formulation candidates in 2026 and beyond, and our ability to obtain the necessary funding is uncertain.
  • There is substantial doubt as to our ability to continue as a going concern.
  • Our prescription drug product candidates are at early- to mid-stages of development and may never obtain U.S. or international regulatory approvals required for us to commercialize our investigational drug product candidates.
  • Delays in clinical trials are common and have many causes, and any delay could result in increased costs to us and jeopardize or delay our ability to obtain regulatory approval.
  • The results of our clinical trials may not support acceptable label claims concerning our prescription drug candidates.
  • Physicians and patients may not accept and use our prescription drug candidates.
  • We have no sales, marketing, or distribution capabilities for our prescription drug candidates.
  • Competition in the prescription pharmaceutical and biotechnology industries is intense.
  • If we lose any of our key personnel, we may be unable to successfully execute our business plan.
  • Our business and operations are subject to risks related to climate change.
The other 8 risks
  • Our business and operations are vulnerable to computer system failures, cyber-attacks, or deficiencies in our cyber-security, which could increase our expenses, divert the attention of our management and key personnel away from our business operations and adversely affect our results of operations.
  • Risks Related to Our Intellectual Property (“IP”)
  • If we are unable to secure or enforce patent rights, trademarks, trade secrets or other IP, our business could be harmed.
  • If we do not update and enhance our technologies, they will become obsolete.
  • Risks Related to Our Governing Documents and Securities
  • Anti-takeover provisions in our organizational documents and Delaware law may discourage or prevent a change of control, even if an acquisition would be beneficial to our stockholders, which could affect our stock price adversely and prevent attempts by our stockholders to replace or remove our current management.
  • Our stock price is below $5.00 per share and is treated as a “penny stock,” which places restrictions on broker-dealers recommending the stock for purchase.
  • Future sales by our stockholders may adversely affect our stock price and our ability to raise funds in new stock offerings.
  • It is our general policy to retain any earnings for use in our operation.
  • In the event of the liquidation, winding-up or dissolution of the Company or certain mergers, corporate reorganizations or sales of our assets, holders of Series D and Series D-1 Preferred Stock will be entitled to a preference of a multiple of their investment amount, which will reduce the proceeds to be received by holders of our common stock.

Legal proceedings

The information required by this item is incorporated by reference from Part II, Item 8. Financial Statements and Supplementary Data, Notes to Consolidated Financial Statements, Note 16 – Commitments, Contingencies, and Litigation.

The opening of Item 3, Legal Proceedings.4

Sources

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