Vivani Medical, Inc. is a clinical-stage biopharmaceutical company developing miniature, subdermal drug implants using its proprietary NanoPortal™ technology.
For the year ended December 31, 2025, Vivani reported a net loss per common share (EPS) of $(0.43). The company reported no revenue for the period. The total net loss for the year was $26.6 million.
Research and development expenses increased to $18.1 million in 2025. Vivani ended the year with $16.2 million in cash and cash equivalents. Recent financings yielded $41.5 million in gross proceeds. This capital is expected to fund operations into mid-2027.
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