VANI

Vivani Medical, Inc. Healthcare Biotechnology

4/12
Innovation Score

Patent Activity

0/3
No patents found in USPTO database (last 2026-05-11 02:16).

Cash Runway

0/3
8 months of cash remaining based on current burn rate.
Cash on hand: $16.2M

Revenue Trajectory

1/3
Revenue: $0.0M
Revenue growth data unavailable.

Management Quality

3/3
Insider ownership: 56.8%
SBC/Revenue: 0.0%
No reverse splits detected

Key Metrics

Market Cap $102.6M
Revenue $0.0M
Revenue Growth (YoY) N/A
Cash on Hand $16.2M
Cash Runway 8 months
Shares Outstanding 86.2M
Insider Ownership 56.8%
SBC / Revenue 0.0%
Sector / Industry Healthcare / Biotechnology

7-Step Risk Assessment

How VANI maps to our micro cap methodology:

  1. Innovation Signal No patents found. Innovation may be trade-secret-based or too early for filings.
  2. Cash Runway Check 8 months of runway. Short runway increases dilution risk — watch for capital raises.
  3. Revenue Trajectory Revenue data unavailable.
  4. Management Alignment Insiders hold 56.8% of shares. SBC is 0.0% of revenue.
  5. Competitive Moat Review the company's 10-K for barriers to entry: patents, network effects, switching costs, regulatory approvals. This step requires manual research.
  6. Catalyst Identification Look for upcoming catalysts: FDA decisions, contract wins, product launches, partnerships. Check recent 8-K filings and earnings transcripts.
  7. Position Sizing Micro caps carry outsized risk. Consider position sizing relative to conviction level and portfolio concentration. This is a $102.6M company.

Financial Detail

Free Cash Flow $-15.9M
FCF Yield -15.5%
Return on Equity -159.6%
Debt / Equity 119.9%
Gross Margin N/A
Profit Margin N/A
Operating Margin N/A
Price / Book 5.78
Current Ratio 2.71
Dividend Yield None
Share Count Change (YoY) N/A
Share Count Change (3yr) N/A

Free Cash Flow Trend

Insufficient Data
Consecutive Years FCF Positive 0

Disclaimer: This is an automated screening tool, not investment advice. Micro cap stocks are inherently risky with low liquidity and high volatility. The innovation score is based on publicly available data and may not reflect the full picture. Steps 5-7 of the methodology require your own research. See our full disclaimer.

Last screened: 2026-05-11