vs

Side-by-side financial comparison of Check-Cap Ltd (MBAI) and VirnetX Holding Corp (VHC). Click either name above to swap in a different company.

VirnetX Holding Corp is the larger business by last-quarter revenue ($56.0K vs $47.9K, roughly 1.2× Check-Cap Ltd). Check-Cap Ltd runs the higher net margin — 2.3% vs -11744.6%, a 11746.9% gap on every dollar of revenue.

Check-Cap Ltd is a clinical-stage medical technology company specializing in non-invasive colorectal cancer screening solutions. Its core offering is an ingestible imaging capsule that requires no prior bowel preparation, targeting global healthcare markets to boost accessibility of early colon cancer detection for at-risk patient groups.

VirnetX is a publicly traded Internet security software and technology company based in Zephyr Cove, Nevada. Founded in 2005, its patent portfolio includes U.S. and international patents in areas such as DNS and network communication.

MBAI vs VHC — Head-to-Head

Bigger by revenue
VHC
VHC
1.2× larger
VHC
$56.0K
$47.9K
MBAI
Higher net margin
MBAI
MBAI
11746.9% more per $
MBAI
2.3%
-11744.6%
VHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MBAI
MBAI
VHC
VHC
Revenue
$47.9K
$56.0K
Net Profit
$1.1K
$-6.6M
Gross Margin
5.2%
Operating Margin
2.9%
-12151.8%
Net Margin
2.3%
-11744.6%
Revenue YoY
Net Profit YoY
100.0%
-5.8%
EPS (diluted)
$-1.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MBAI
MBAI
VHC
VHC
Q4 25
$47.9K
$56.0K
Q3 25
$58.0K
Q2 25
$48.0K
Q1 25
$0
Q4 24
$0
Q3 24
$2.0K
Q2 24
$1.0K
Q1 24
$2.0K
Net Profit
MBAI
MBAI
VHC
VHC
Q4 25
$1.1K
$-6.6M
Q3 25
$-4.3M
Q2 25
$-3.6M
Q1 25
$-3.7M
Q4 24
$-6.2M
Q3 24
$-3.8M
Q2 24
$-3.8M
Q1 24
$-4.3M
Gross Margin
MBAI
MBAI
VHC
VHC
Q4 25
5.2%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MBAI
MBAI
VHC
VHC
Q4 25
2.9%
-12151.8%
Q3 25
-8006.9%
Q2 25
-8216.7%
Q1 25
Q4 24
Q3 24
-219350.0%
Q2 24
-441500.0%
Q1 24
-246300.0%
Net Margin
MBAI
MBAI
VHC
VHC
Q4 25
2.3%
-11744.6%
Q3 25
-7496.6%
Q2 25
-7543.8%
Q1 25
Q4 24
Q3 24
-191950.0%
Q2 24
-383000.0%
Q1 24
-214550.0%
EPS (diluted)
MBAI
MBAI
VHC
VHC
Q4 25
$-1.82
Q3 25
$-1.18
Q2 25
$-0.99
Q1 25
$-1.01
Q4 24
$-1.72
Q3 24
$-1.07
Q2 24
$-1.07
Q1 24
$-1.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MBAI
MBAI
VHC
VHC
Cash + ST InvestmentsLiquidity on hand
$94.3K
$15.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4K
$22.5M
Total Assets
$184.9K
$31.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBAI
MBAI
VHC
VHC
Q4 25
$94.3K
$15.5M
Q3 25
$17.1M
Q2 25
$17.3M
Q1 25
$23.2M
Q4 24
$23.3M
Q3 24
$25.1M
Q2 24
$26.3M
Q1 24
$27.6M
Stockholders' Equity
MBAI
MBAI
VHC
VHC
Q4 25
$1.4K
$22.5M
Q3 25
$29.3M
Q2 25
$33.2M
Q1 25
$36.4M
Q4 24
$39.6M
Q3 24
$45.5M
Q2 24
$48.8M
Q1 24
$52.2M
Total Assets
MBAI
MBAI
VHC
VHC
Q4 25
$184.9K
$31.1M
Q3 25
$38.0M
Q2 25
$41.8M
Q1 25
$45.1M
Q4 24
$49.6M
Q3 24
$55.6M
Q2 24
$58.9M
Q1 24
$62.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MBAI
MBAI
VHC
VHC
Operating Cash FlowLast quarter
$-89.2K
$-15.6M
Free Cash FlowOCF − Capex
$-15.7M
FCF MarginFCF / Revenue
-27966.1%
Capex IntensityCapex / Revenue
30.4%
Cash ConversionOCF / Net Profit
-81.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBAI
MBAI
VHC
VHC
Q4 25
$-89.2K
$-15.6M
Q3 25
$-3.0M
Q2 25
$-2.9M
Q1 25
$-3.9M
Q4 24
$-15.3M
Q3 24
$-3.2M
Q2 24
$-3.1M
Q1 24
$-3.5M
Free Cash Flow
MBAI
MBAI
VHC
VHC
Q4 25
$-15.7M
Q3 25
$-3.0M
Q2 25
Q1 25
Q4 24
$-15.3M
Q3 24
Q2 24
$-3.1M
Q1 24
FCF Margin
MBAI
MBAI
VHC
VHC
Q4 25
-27966.1%
Q3 25
-5208.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-309100.0%
Q1 24
Capex Intensity
MBAI
MBAI
VHC
VHC
Q4 25
30.4%
Q3 25
29.3%
Q2 25
0.0%
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
1100.0%
Q1 24
Cash Conversion
MBAI
MBAI
VHC
VHC
Q4 25
-81.94×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons