Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Vycor Medical Inc brought in 96% of the revenue VYCOR MEDICAL INC broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Vycor Medical Inc | $1.5M | $1.8M |
| Nova Vision Inc | $73.6K | $67.3K |
Regions
United States brought in 100% of the revenue VYCOR MEDICAL INC broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $1.6M | $1.9M |
| Europe | $3.7K | $4.9K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue16¢$302.3K
- Research and development1¢$10.0K
- Selling, general and admin78¢$1.5M
- Other costs5¢$93.4K
Out of $1.9M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $1.9M | $1.6M |
| Cost of Goods Sold | $302.3K | $166.8K |
| Gross Profit | $1.6M | $1.4M |
| Research and development | $10.0K | $15.3K |
| Depreciation and amortization | $59.5K | $59.5K |
| Selling, general and administrative | $1.5M | $1.4M |
| Total Operating Expenses | $1.5M | $1.4M |
| Operating income (loss) | $33.9K | -$9.1K |
| Other income | $6.0K | |
| Loss on foreign currency exchange | -$508 | -$230 |
| Total Other (Expense) Income | -$104.1K | -$97.8K |
| Loss Before Provision for Income Taxes | -$70.2K | -$107.0K |
| Net Loss from continuing operations | -$70.2K | -$107.0K |
| Loss from discontinued operations, net of tax | -$2.2K | -$249 |
| Net Loss | -$72.4K | -$107.2K |
| Preferred stock dividends | -$324.4K | -$324.4K |
| Net Loss Available to Common Stockholders | -$396.8K | -$431.6K |
| Comprehensive Loss | -$72.4K | -$107.2K |
| Income loss per share from continuing operations - basic | -$0 | -$0 |
| Income loss per share from continuing operations - diluted | -$0 | -$0 |
| Loss per share, loss from discontinued operations - basic | $0 | $0 |
| Loss per share, loss from discontinued operations - diluted | $0 | $0 |
| Income loss available to common stockholders - basic | -$0.01 | -$0.01 |
| Income loss available to common stockholders - diluted | -$0.01 | -$0.01 |
| Weighted Average Number of Shares Outstanding - Basic | 33.4M shares | 32.9M shares |
| Weighted Average Number of Shares Outstanding -Diluted | 33.4M shares | 32.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $87.0K | $105.6K | |
| Trade accounts receivable, net | $218.9K | $245.3K | |
| Inventory | $159.2K | $146.1K | |
| Prepaid expenses and other current assets | $97.2K | $121.7K | |
| Current assets of discontinued operations | $1.1K | $917 | |
| Total Current Assets | $563.4K | $619.6K | |
| Fixed assets, net | $133.9K | $192.7K | |
| Non-current inventory, net | $71.8K | $76.1K | |
| Security deposits | $6.0K | $6.0K | |
| Operating lease - right of use assets | $55.3K | $103.7K | |
| Total Other Assets | $133.1K | $185.8K | |
| TOTAL ASSETS | $830.4K | $998.1K | |
| Accounts payable | $84.8K | $147.6K | |
| Accrued liabilities | $89.9K | $157.5K | |
| Current operating lease liabilities | $52.2K | $48.2K | |
| Current liabilities of discontinued operations | $164 | -$672 | |
| Total Current Liabilities | $4.8M | $4.5M | |
| Operating lease liability - long term | $52.2K | ||
| Loan payable - SBA EIDL | $135.8K | $139.4K | |
| Total Liabilities | $4.9M | $4.7M | |
| Common Stock, $0.0001 par value, 55,000,000 shares authorized at December 31, 2025 and December 31, 2024; 33,476,130 shares issued and 33,372,796 shares outstanding at December 31, 2025 and December 31, 2024, respectively | $3.3K | $3.3K | |
| Additional Paid-in Capital | $29.4M | $29.4M | |
| Treasury Stock (103,334 shares of Common Stock as at December 31, 2025 and December 31, 2024 respectively, at cost) | -$1.0K | -$1.0K | |
| Accumulated Deficit | -$33.6M | -$33.3M | |
| Accumulated Other Comprehensive Income | $127.7K | $127.7K | |
| Total Stockholders Deficiency | -$4.1M | -$3.7M | -$3.3M |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIENCY | $830.4K | $998.1K | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 55.0M shares | 55.0M shares | |
| Common stock, shares issued | 33.5M shares | 33.5M shares | |
| Common stock, shares outstanding | 33.4M shares | 33.4M shares | |
| Treasury stock, common shares | 103.3K shares | 103.3K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $87.0K | $105.6K | |
| Trade accounts receivable, net | $218.9K | $245.3K | |
| Inventory | $159.2K | $146.1K | |
| Prepaid expenses and other current assets | $97.2K | $121.7K | |
| Current assets of discontinued operations | $1.1K | $917 | |
| Total Current Assets | $563.4K | $619.6K | |
| Fixed assets, net | $133.9K | $192.7K | |
| Non-current inventory, net | $71.8K | $76.1K | |
| Security deposits | $6.0K | $6.0K | |
| Operating lease - right of use assets | $55.3K | $103.7K | |
| Total Other Assets | $133.1K | $185.8K | |
| TOTAL ASSETS | $830.4K | $998.1K | |
| Accounts payable | $84.8K | $147.6K | |
| Accrued liabilities | $89.9K | $157.5K | |
| Current operating lease liabilities | $52.2K | $48.2K | |
| Current liabilities of discontinued operations | $164 | -$672 | |
| Total Current Liabilities | $4.8M | $4.5M | |
| Operating lease liability - long term | $52.2K | ||
| Loan payable - SBA EIDL | $135.8K | $139.4K | |
| Total Liabilities | $4.9M | $4.7M | |
| Common Stock, $0.0001 par value, 55,000,000 shares authorized at December 31, 2025 and December 31, 2024; 33,476,130 shares issued and 33,372,796 shares outstanding at December 31, 2025 and December 31, 2024, respectively | $3.3K | $3.3K | |
| Additional Paid-in Capital | $29.4M | $29.4M | |
| Treasury Stock (103,334 shares of Common Stock as at December 31, 2025 and December 31, 2024 respectively, at cost) | -$1.0K | -$1.0K | |
| Accumulated Deficit | -$33.6M | -$33.3M | |
| Accumulated Other Comprehensive Income | $127.7K | $127.7K | |
| Total Stockholders Deficiency | -$4.1M | -$3.7M | -$3.3M |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIENCY | $830.4K | $998.1K | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 55.0M shares | 55.0M shares | |
| Common stock, shares issued | 33.5M shares | 33.5M shares | |
| Common stock, shares outstanding | 33.4M shares | 33.4M shares | |
| Treasury stock, common shares | 103.3K shares | 103.3K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$72.4K | -$107.2K |
| Depreciation of fixed assets | $63.1K | $63.9K |
| Allowance for doubtful accounts - accounts receivable | $2.7K | $3.4K |
| Stock based compensation | $48.8K | $26.8K |
| Accounts receivable | $23.7K | -$33.4K |
| Inventory | -$8.8K | $12.0K |
| Prepaid expenses | -$24.4K | -$4.1K |
| Accrued interest - Related Party | $35.3K | $14.9K |
| Accrued interest | $48.0K | $48.1K |
| Accounts payable | -$62.8K | $29.8K |
| Accrued liabilities | -$67.3K | $5.7K |
| Changes in discontinued operations, net | $636 | $250 |
| Cash (used in) provided by operating activities | -$13.5K | $60.1K |
| Purchase of fixed assets | -$5.2K | -$5.4K |
| Sale of fixed assets | $841 | $1.2K |
| Cash used in investing activities | -$4.4K | -$4.2K |
| Proceeds - Notes Payable Other | $59.0K | $61.0K |
| Repayments - Notes Payable Other | -$59.8K | -$68.5K |
| Cash used in financing activities | -$812 | -$7.6K |
| Net (decrease) increase in cash | -$18.7K | $48.4K |
| Cash paid for interest | $21.2K | $40.5K |
| Non-cash accrued dividends | $324.4K | $324.4K |
| Unamortized stock compensation | $48.8K |
No quarter-by-quarter statement was filed.
Corporate structure
VYCOR MEDICAL 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 VYCOR MEDICAL INC
- FOUNTAINHEAD CAPITAL MANAGEMENT LTD Filed SC 13D/A on VYCOR MEDICAL INC, latest Oct 18, 2022 (5 filings since Oct 8, 2021)
- VYCOR MEDICAL INC Boca Raton, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What VYCOR MEDICAL 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $1.4M3 Dec 31, 2025 | $1.4M3 Dec 31, 2024 | +0.3% |
| Accumulated depreciation | $1.3M3 Dec 31, 2025 | $1.2M3 Dec 31, 2024 | +5.2% |
| Property and equipment, net | $133.9K3 Dec 31, 2025 | $192.7K3 Dec 31, 2024 | −30.5% |
| Operating-lease assets (leased space) | $55.3K3 Dec 31, 2025 | $103.7K3 Dec 31, 2024 | −46.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $87.0K3 Dec 31, 2025 | $105.6K3 Dec 31, 2024 | −17.7% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $159.2K3 Dec 31, 2025 | $146.1K3 Dec 31, 2024 | +9.0% |
| Raw materials | $56.1K3 Dec 31, 2025 | $48.0K3 Dec 31, 2024 | +16.8% |
| Finished goods | $103.1K3 Dec 31, 2025 | $98.1K3 Dec 31, 2024 | +5.2% |
Properties, in its own words
The Company leases office space located at 951 Broken Sound Parkway, Suite 320, Boca Raton, FL 33487 from WPT Land 2 L.P., for a gross rent of approximately $4,300 per month, plus other charges of approximately $2,700 per month. The current lease commenced on September 1, 2023 with a termination date of December 31, 2026.
Item 2 of the 10-K filed Mar 31, 2026.11
Leadership
Who has led VYCOR MEDICAL INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
- Chief executive officerPeter C. Zachariou Aug 11, 2014 to Jul 2, 201912
- ChairAdrian Liddell Apr 7, 2016 to Apr 7, 201613
- PresidentDavid Cantor Apr 6, 2016 to Apr 6, 201614
Board members and other officers (5)
- Board memberDavid Cantor Apr 6, 2016 to Apr 6, 201614
- Board memberLowell Rush Mar 17, 2014 to Apr 8, 202115
- Board memberOscar Bronsther Mar 18, 2014 to Jul 7, 202016
- Board memberSteven Girgenti Mar 21, 2014 to Apr 8, 202117
- Board memberPeter C. Zachariou Aug 11, 2014 to Jul 2, 201912
Timeline
- Aug 14, 20268-K Results of operations18
- May 15, 20268-K Results of operations19
- Mar 31, 20268-K Results of operations20
- Nov 14, 20258-K Results of operations21
- Aug 8, 20258-K Results of operations22
- May 15, 20258-K Results of operations23
- Apr 15, 20258-K Results of operations24
- Aug 11, 2014New chief executive Peter C. Zachariou becomes CEO12
Calendar
Coming up
- Around Nov 13, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.
When it reported results
- Aug 14, 2026Reported quarterly or annual results18
- May 15, 2026Reported quarterly or annual results19
- Mar 31, 2026Reported quarterly or annual results20
- Nov 14, 2025Reported quarterly or annual results21
- Aug 8, 2025Reported quarterly or annual results22
- May 15, 2025Reported quarterly or annual results23
- Apr 15, 2025Reported quarterly or annual results24
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
41 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 7 major events, 5 insider forms, 5 large holders, 4 other. The latest 20:
- Aug 14, 20268-K EDGAR
- Aug 14, 202610-Q EDGAR
- May 15, 20268-K EDGAR
- May 15, 202610-Q EDGAR
- Mar 31, 20268-K EDGAR
- Mar 31, 202610-K EDGAR
- Nov 14, 20258-K EDGAR
- Nov 14, 202510-Q EDGAR
- Aug 8, 20258-K EDGAR
- Aug 8, 202510-Q EDGAR
- May 15, 20258-K EDGAR
- May 15, 202510-Q EDGAR
- Apr 15, 20258-K EDGAR
- Apr 15, 202510-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
- Nov 13, 202410-Q EDGAR
- Aug 13, 202410-Q EDGAR
- May 15, 202410-Q EDGAR
- Apr 16, 202410-K EDGAR
- Apr 1, 2024NT 10-K EDGAR
The 41 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.
- FOUNTAINHEAD CAPITAL MANAGEMENT LTDSC 13D/A, 5 filings Oct 8, 2021 to Oct 18, 202225
SEC filer profile
How VYCOR MEDICAL INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARVYCOR MEDICAL INC1
- CIK0001424768
- Employer ID (EIN)20-336921811
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company11
- Incorporated inDelaware11
- Fiscal year endsDecember 311
- Industry code (SIC)3841 Surgical & Medical Instruments & Apparatus1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address951 Broken Sound Parkway, Suite 320, Boca Raton,, FL 334871
- Phone562.558.20001
- Shares outstanding33,372,796 as of Aug 14, 202610
- Public float$1.7M as of Jun 30, 202511
- AuditorPrager Metis CPAs, LLC, Hackensack, New Jersey PCAOB ID 27311
- On EDGAR sinceMar 3, 20081
- Filings462 in all: 4 (143), 8-K (57), 10-Q (53), SC 13D/A (53), UPLOAD (20), 10-K (18), CORRESP (16), S-1/A (13)1
All 33 form types
POS AM (8), 10-Q/A (7), 3 (7), EFFECT (7), NT 10-K (6), 10-K/A (5), 424B3 (5), D (5), AW (4), D/A (4), DEF 14C (4), NT 10-Q (4), PRE 14C (4), S-1 (3), SC 13D (3), 4/A (2), 8-K/A (2), PRER14C (2), 8-A12B (1), 8-A12G (1), DEFR14C (1), REGDEX (1), REGDEX/A (1), RW (1), S-8 (1)
- Latest filingsAnnual report (10-K) Mar 31, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Aug 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock | VYCO |
From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).11
Risk factors and legal proceedings
Legal proceedings
We are subject from time to time to litigation, claims and suits arising in the ordinary course of business. As of the date of this Annual Report, we were not a party to any material litigation, claim or suit whose outcome could have a material effect on our financial statements.
The opening of Item 3, Legal Proceedings.11
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 13SEC EDGARAdrian Liddell, Chair
- 14SEC EDGARDavid Cantor, President
- 15SEC EDGARLowell Rush, Board member
- 16SEC EDGAROscar Bronsther, Board member
- 17SEC EDGARSteven Girgenti, Board member
- 18SEC EDGARResults of operations
- 19SEC EDGARResults of operations
- 20SEC EDGARResults of operations
- 21SEC EDGARResults of operations
- 22SEC EDGARResults of operations
- 23SEC EDGARResults of operations
- 24SEC EDGARResults of operations
- 25