Event-Driven Stocks

VSEE HEALTH, INC.

VSEENasdaq

Healthcare · Services-Health Services · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21
Revenue$14.6M$1.6M$1.6M——
Operating income−$9.6M$104,060−$715,855−$3.6M−$282,671
Net income−$14.7M$62,770−$529,962−$3.2M−$280,701
Total assets$22.4M$78.6M$805,791$7.6M$117.9M
Total liabilities$17.0M$5.6M$3.9M$7.7M$4.6M
Equity$5.5M−$4.2M−$12.3M−$7.4M−$3.3M
EPS (diluted)$-0.73$0.01$-0.05$-0.25$-0.07
Shares out.16.4M3.6M4.2M4.2M4.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−65.6%
Net margin
−100.6%
Return on equity
−269.8%
Return on assets
−65.6%
Return on capital (ROCE)
−155.4%
Liabilities / assets
75.7%
Debt / equity
3.11×
Book value / share
$0.33
Revenue growth (YoY)
801.8%
Net income growth (YoY)
−23539.3%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-16.83distress
Accruals / assets
−50.3%clean
Beneish M-Score
-2.69normal
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
42
/ 100
Profitability 0Growth 50Catalyst 67Earnings quality 67Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 4 warning● 2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026844,7321.4+78.9%
Apr 30, 2026472,2221.0-39.7%
Apr 15, 2026783,6821.0-22.2%
Mar 31, 20261.0M2.8-28.1%
Mar 13, 20261.4M1.7+3.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)