olivLaw · US equity research
VirTra, Inc. VTSI
Miscellaneous Manufacturing Industries · SIC 3990 · Vertical: Miscellaneous Manufacturing Industries (SIC 3990)
VirTra designs and manufactures simulators for judgmental use-of-force and firearms training for police, military and commercial customers. The company closed 2025 with lower revenue, and in the first half of 2026 revenue stayed below the prior year as government funding delays slowed deliveries. A sizeable backlog nonetheless gives visibility into future revenue.
At the close of 05 Nov 2026, VirTra, Inc. (VTSI) stock was 2.70 USD (+0.19% on the day), with market capitalisation 30.6 m USD, beta 1.05, 52-week range 2.61–5.42 USD. Latest reported quarter (Q2 2026): revenue of 5.8 m USD (−17.4% YoY), net income of -261.3 k USD (−249.0% YoY), diluted EPS -0.02 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 47.9
- neutral
- Bollinger (20, 2)
- 2.59 – 2.77
- in the upper half of the band · %B 0.59 · band width 6.7%
- SMA 50 / 200
- 2.81 / 3.59
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.03 / -0.04
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −2.2% | −1.1% | −1.1 pp | — |
| 3 months | −12.1% | −0.5% | −11.6 pp | — |
| 6 months | −38.4% | +4.4% | −42.7 pp | — |
| Year to date | −35.7% | +12.3% | −48.0 pp | — |
| 1 year | −51.7% | +13.5% | −65.2 pp | +1.6% |
| 3 years | −46.0% | +76.4% | −122.4 pp | +41.8% |
| 5 years | −68.2% | +63.7% | −131.9 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.5 m | -20.9 m | 0 | 7.0 m | 5.3 m | -19.3 m | 93.6 k | 5.8 m |
| Cost of revenue | 2.0 m | 1.8 m | 2.0 m | 2.2 m | 1.8 m | 1.2 m | 1.3 m | 2.3 m |
| Gross profit | 5.5 m | 3.7 m | 5.2 m | 4.8 m | 3.5 m | 1.7 m | 2.1 m | 3.4 m |
| Research & development | 1.1 m | 729.9 k | 609.1 k | 608.1 k | 689.5 k | 476.8 k | 500.7 k | 435.5 k |
| Operating income | 755.6 k | -1.3 m | 1.4 m | 914.4 k | -450.2 k | -1.4 m | -1.3 m | -187.5 k |
| Depreciation & amortisation | 309.4 k ≈ | 302.3 k | 316.6 k | 513.2 k | 122.6 k ≈ | 810.1 k | 470.0 k | 520.4 k |
| Pre-tax income | 791.1 k | -808.1 k | 1.4 m | 166.3 k | -360.5 k | -1.0 m | -1.3 m | -172.8 k |
| Income tax | 208.0 k | 80.3 k | 102.0 k | -9.0 k | 28.1 k | -232.3 k | 54.0 k | 88.4 k |
| Net income | 583.1 k | -888.3 k | 1.3 m | 175.3 k | -388.6 k | -792.4 k | -1.3 m | -261.3 k |
| Diluted EPS | 0.05 | -0.08 ≈ | 0.11 | 0.02 | -0.03 | -0.07 ≈ | -0.12 | -0.02 |
| Operating cash flow | 897.7 k ≈ | -908.7 k | 65.7 k | 6.0 m ≈ | 36.3 k ≈ | -1.5 m | -580.4 k | -2.1 m ≈ |
| Capex | 83.5 k ≈ | 153.3 k | 428.4 k | 568.1 k ≈ | -97.5 k ≈ | 616.3 k | — | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | ⚠ 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.1 m | 18.7 m | 19.1 m | 24.4 m | 28.3 m | 748.0 k | 0 | 186.0 k |
| Revenue YoY | +9.4% | +3.5% | +2.0% | +28.0% | +15.8% | — | −100.0% | unavailable |
| Net income | 818.1 k | -75.3 k | 1.5 m | 2.5 m | 2.0 m | 8.7 m | 1.4 m | 258.4 k |
| Net income YoY | −74.9% | −109.2% | unavailable | +71.8% | −23.0% | — | −84.2% | −81.0% |
| Diluted EPS | 0.10 | -0.01 | 0.19 | 0.25 | 0.18 | 0.85 | 0.12 | 0.02 |
| Diluted EPS YoY | −74.4% | −110.0% | unavailable | +31.6% | −28.0% | — | −85.9% | −83.3% |
| net % | 4.5% | -0.4% | 7.7% | 10.4% | 6.9% | 1,156.8% | unavailable | 139.0% |
| Free cash flow | 1.5 m | -2.1 m | unavailable | -3.6 m | -5.9 m | 5.6 m | -588.3 k | 3.1 m |
The series breaks before 2023: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 18.6 m USD
- Financial debt
- 7.5 m USD
- Net debt
- -11.1 m USD
- Equity
- 45.6 m USD
- Total assets
- 65.1 m USD
- Debt / equity
- 0.17x
- Current ratio
- 4.01x
- ROE
- 0.6%
- ROA
- 0.4%
- FCF margin
- 1,652.3%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 19.1 m | 24.4 m | 28.3 m | 748.0 k | 0 | 186.0 k | SEC (XBRL)· 26 Mar 2026verified |
| Cost of revenue | 7.2 m | 13.0 m | 12.0 m | 11.4 m | 6.9 m | 7.2 m | SEC (XBRL)· 26 Mar 2026verified |
| Gross profit | 11.9 m | 11.4 m | 16.3 m | 26.9 m | 19.4 m | 15.2 m | SEC (XBRL)· 26 Mar 2026verified |
| Research & development | 1.6 m | 1.9 m | 2.6 m | 2.8 m | 3.0 m | 2.4 m | SEC (XBRL)· 26 Mar 2026verified |
| Operating income | 1.2 m | 1.5 m | 2.6 m | 9.9 m | 2.0 m | 437.5 k | SEC (XBRL)· 26 Mar 2026verified |
| Depreciation & amortisation | 380.2 k | 589.1 k | 887.1 k | 928.5 k | 1.1 m | 1.8 m | SEC (XBRL)· 26 Mar 2026verified |
| EBITDA | 1.6 m ≈ | 2.0 m ≈ | 3.5 m ≈ | 10.8 m ≈ | 3.1 m ≈ | 2.2 m ≈ | SEC (XBRL)· 26 Mar 2026derived |
| Pre-tax income | 1.3 m | 2.8 m | 2.5 m | 10.5 m | 2.3 m | 147.2 k | SEC (XBRL)· 26 Mar 2026verified |
| Income tax | -218.8 k | 246.1 k | 571.6 k | 1.8 m | 887.3 k | -111.3 k | SEC (XBRL)· 26 Mar 2026verified |
| Net income | 1.5 m | 2.5 m | 2.0 m | 8.7 m | 1.4 m | 258.4 k | SEC (XBRL)· 26 Mar 2026verified |
| Diluted EPS | 0.19 | 0.25 | 0.18 | 0.85 | 0.12 | 0.02 | SEC (XBRL)· 26 Mar 2026verified |
| Weighted average diluted shares | 7.8 m | 10.1 m | 10.9 m | 11.0 m | 11.2 m | 11.3 m | SEC (XBRL)· 26 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 6.8 m | 19.7 m | 13.5 m | 18.8 m | 18.0 m | 18.6 m | SEC (XBRL)· 26 Mar 2026verified |
| Receivables | 1.4 m | 3.9 m | 3.0 m | 16.5 m | 7.5 m | 5.5 m | SEC (XBRL)· 26 Mar 2026verified |
| Inventories | 3.5 m | 5.0 m | 9.6 m | 12.4 m | 14.6 m | 13.1 m | SEC (XBRL)· 26 Mar 2026verified |
| Current assets | 17.5 m | 33.5 m | 34.1 m | 49.7 m | 44.0 m | 41.0 m | SEC (XBRL)· 26 Mar 2026verified |
| Property, plant & equipment, net | 1.4 m | 12.9 m | 15.3 m | 15.5 m | 16.2 m | 16.3 m | SEC (XBRL)· 26 Mar 2026verified |
| Intangibles (excl. goodwill) | 271.0 k | 535.1 k | 587.8 k | 567.5 k | 558.7 k | 2.5 m | SEC (XBRL)· 26 Mar 2026verified |
| Total assets | 22.8 m | 49.6 m | 53.8 m | 70.4 m | 65.0 m | 65.1 m | SEC (XBRL)· 26 Mar 2026verified |
| Accounts payable | 345.6 k | 789.4 k | 1.3 m | 2.3 m | 957.4 k | 784.1 k | SEC (XBRL)· 26 Mar 2026verified |
| Long-term debt | — | — | — | 128.8 k | 7.8 m | 7.5 m | SEC (XBRL)· 26 Mar 2026verified |
| Current liabilities | 7.3 m | 7.6 m | 9.8 m | 15.8 m | 9.6 m | 10.2 m | SEC (XBRL)· 26 Mar 2026verified |
| Total liabilities | 11.1 m | 18.3 m | 20.1 m | 27.0 m | 19.8 m | 19.5 m | SEC (XBRL)· 26 Mar 2026verified |
| Equity | 11.7 m † | 31.2 m † | 33.7 m † | 42.9 m † | 45.2 m † | 45.6 m † | SEC (XBRL)· 26 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.2 m | -125.7 k | -2.7 m | 6.7 m | 1.3 m | 4.6 m | SEC (XBRL)· 26 Mar 2026verified |
| Capex | — | 3.4 m | 3.2 m | 1.1 m | 1.8 m | 1.5 m | SEC (XBRL)· 26 Mar 2026verified |
| Free cash flow | — | -3.6 m ≈ | -5.9 m ≈ | 5.6 m ≈ | -588.3 k ≈ | 3.1 m ≈ | SEC (XBRL)· 26 Mar 2026derived |
| Investing cash flow | 1.9 m | -3.7 m | -3.3 m | -1.1 m | -1.8 m | -3.8 m | SEC (XBRL)· 26 Mar 2026verified |
| Financing cash flow | 1.3 m | 16.7 m | -190.4 k | -188.2 k | -220.7 k | -253.5 k | SEC (XBRL)· 26 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 29.2% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 30.6 m USD
Key indicators
Coverage and freshness
Score by group
29% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 29.2% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | unavailable | unavailable | — |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | -81.3% | 0 (on a fixed band) | 29% |
| EPS CAGR 3Y · Growth | -51.9% | 0 (on a fixed band) | 29% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 3.9x | 100 (on a fixed band) | 14% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -18.7% | 0 (on a fixed band) | 29% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/3 factors with a value
- Growth0/100 · 2/2 factors with a value
- Quality· partialunavailable · 0/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial0/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
VirTra, Inc. (VTSI). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 186.0 k USD in 2025; ROE -6.1%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 29.2% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Current ratio: 3.9x
What contradicts it
- Revenue CAGR 3Y: -81.3%
- EPS CAGR 3Y: -51.9%
- FCF yield: -18.7%
Not assessed (insufficient data or a ratio without meaning): ROIC, Net margin, FCF conversion, Net debt / EBITDA, Interest coverage, P/E (TTM), EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Miscellaneous Manufacturing Industries (SIC 3990) · same industry (4-digit SIC) · compared with 9 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AMCRAmcor PLC | 22.4 bn | 20.4 | 9.4% | 4.7% | +56.6% | +14% / +2% |
| DAKTDaktronics, Inc. | 925.3 m | 19.6 | 16.2% | 5.7% | +10.9% | +2% / +84% |
| HCAIHuachen AI Parking Management Technology Holding Co., Ltd | 85.8 m | — | -402.1% | -642.6% | −83.9% | −75% / unavailable |
| MWGMulti Ways Holdings Limited | 44.3 m | — | -2.0% | -1.0% | +44.1% | −51% / −53% |
| VTSIVirTra, Inc. | 30.6 m | — | -6.1% | — | unavailable | −52% / −46% |
| DOGZDogness (International) Corporation | 8.7 m | — | -32.0% | -173.9% | −23.3% | −95% / −81% |
| JCSEJe Cleantech Holdings Limited | 8.1 m | 3.2 | 18.3% | 15.9% | +11.8% | +36% / +66% |
| WFFWF Holding Ltd | 5.7 m | — | -127.3% | -64.4% | +61.9% | −63% / unavailable |
| ODCOil-Dri Corporation of America | — | — | 20.5% | 11.5% | +1.7% | +26% / +142% |
| BRCBrady Corp | — | — | 16.1% | 12.4% | +9.8% | +2% / +42% |
1- and 3-year price returns: for VTSI from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
VirTra designs and manufactures simulators for judgmental use-of-force and firearms training for police, military and commercial customers. The company closed 2025 with lower revenue, and in the first half of 2026 revenue stayed below the prior year as government funding delays slowed deliveries. A sizeable backlog nonetheless gives visibility into future revenue.
SWOT
Strengths
- A broad range of multi-screen simulators and realistic accessories, backed by patents and a library of certified scenarios.
- A gross margin that is high relative to the industry, showing the added value of its products and content.
- A meaningful backlog and opportunities for recurring revenue through subscription and content programmes.
Weaknesses
- Heavy dependence on government customers, which makes revenue sensitive to budgets and funding delays.
- Net losses and falling revenue in 2025 and in the first half of 2026, with pressure on operating results.
- Fewer resources than large competitors, with more limited sales teams and marketing budgets.
Opportunities
- Acceptance in military programmes and expansion into international markets could diversify revenue sources.
- Development of AI-enabled products and extended reality could open new segments.
- The Orlando campus and proximity to the defence sector could support partner collaboration.
Threats
- Cuts to public budgets or administrative shutdowns could postpone orders significantly.
- Competitors with greater resources or more realistic products could reduce the company's market share.
- Export rules and AI regulation could restrict international sales.
Risks
- Concentration on government customershigh
Most revenue comes from contracts with public agencies, and budgets can be reduced or reallocated.
- Falling revenue and profitabilityhigh
Revenue declined in 2025 and in the first half of 2026, and a net loss appeared in the current year.
- Export controlsmedium
International sales depend on government licences, which can be delayed or revoked.
- Artificial intelligence risksmedium
Errors in AI systems and data regulation could affect products and reputation.
- Intense competitionmedium
Entry of competitors with cheaper or more realistic products could reduce sales.
Investment thesis
What would need to be true (bull case)
- The high backlog and better conversion in the second quarter could support a revenue recovery in the second half of the year.
- Acceptance in military programmes and international activity could open new sources of revenue.
- The gross margin remains above typical industry levels, which could support a return to profitability if volumes grow.
What would break the thesis
- Dependence on public budgets could keep postponing orders and keep revenue below earlier levels.
- The first-half net loss could persist if backlog conversion stays slow.
- Competitors with much larger resources could limit the company's market share gains.
What to watch
- Conversion of backlog into revenue and the pace of new ordersQ3 2026
- Recovery of domestic revenue after funding delays2027
- Results of military programmes in the U.S. Army Marketplacenext 10-K
- Contribution of the Orlando campus to revenue and operating costs2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
VirTra, Inc. is a global provider of simulators for judgmental use-of-force and firearms training, based in Chandler, Arizona. Its products include multi-screen systems such as the V-300™ and V-180™, and single-screen systems such as the V-100™ and V-ST PRO™, with video scenarios and simulated recoil. The company manufactures some products in its own Arizona facilities and has an Orlando, Florida facility, acquired as a campus in 2026.
Its main customers are law enforcement and military forces, each served by separate sales and marketing programs. The company relies on eight issued patents at the end of 2025, the Threat-Fire™ brand and an extensive library of certified scenarios to support its competitive position. Revenue comes largely from direct or indirect contracts with government agencies.
Its stated strategy is to grow market share in its core business, widen its addressable market through new products, and use artificial intelligence to reduce development costs. The company is also open to partnerships and acquisitions, including international distribution through local partners.
Segments
Multi-screen simulators
The V-300™ and V-180™ systems provide decision-making and tactical firearms training in immersive environments with five and three screens respectively. They are aimed mainly at law enforcement agencies and military units with space and budget for larger installations.
Single-screen simulators and accessories
The V-100™, V-100™ MIL and V-ST PRO™ systems are more compact and more affordable, and the range includes simulated recoil, the Threat-Fire™ device and upgrade options. This segment can serve customers with smaller budgets or portable needs.
Content and subscription programs
The V-VICTA platform, the STEP subscription program and the V-Author software offer accredited coursework, custom scenarios and recurring revenue. Sales of content and the V-XR extended reality headset complement the range, which partly relies on annual service agreements.
Market context
The market for law enforcement, military and commercial simulation training depends heavily on public budgets. The company has shown that federal budget constraints, delays in grant disbursement and leadership changes in defense programs can postpone orders, and that revenue can shift sharply from one year to the next.
Demand is supported by the lasting need for de-escalation and use-of-force training, and international and military activity was more intense in 2026. Converting orders into revenue remains slow, since international deliveries can take six to twelve months.
Trends
- Delays in government fundingmixed
Federal budgets, administrative shutdowns and delayed grant payments have limited purchases and pushed revenue into later periods. If funding normalises, backlog conversion could accelerate.
- Budget pressure on defence and policeheadwind
Reduced funding for defence programmes and reorganised local budgets directly affected sales in 2025 and early 2026. If these pressures continue, growth in the domestic segment could stay limited.
- International demand and military accesstailwind
International activity and acceptance into the U.S. Army Marketplace across three capability areas open new opportunities. If these channels expand, the company could diversify its dependence on domestic government customers.
- Artificial intelligence in productsmixed
The company intends to use AI and large language models for realism and lower development costs. Integrating these technologies also brings regulatory and reliability risks that could affect law enforcement products.
Competitive position
VirTra operates in a competitive market with limited barriers to entry. Its main competitors include Axon, Laser Shot, InVeris, MILO, Conflict Kinetics and Ti Training Corp, some of which have far greater financial, commercial and technical resources.
The company cites its patents, its IADLEST-certified content library, its industry expertise and its integrated training ecosystem as advantages. If a competitor offers more realistic or cheaper products, VirTra's market position could be affected.
- AxonAXON
Named in the company's filings as a competitor in law enforcement and military markets, with considerable commercial resources.
- Laser Shot, Inc.
Direct competitor in firearms simulators and law enforcement training, named as a main competitor.
- InVeris
Competitor in simulation training for law enforcement and military forces, named in the company's filings.
- MILO
Competitor in tactical training simulation solutions, named as a main competitor in some markets.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report14 Aug 2026Results of operations · Financial statements and exhibits
- Quarterly report13 Aug 2026
- Current report26 Jun 2026Shareholder vote
- Current report11 May 2026Results of operations · Financial statements and exhibits
- Quarterly report11 May 2026
- Proxy statement29 Apr 2026
- Current report26 Mar 2026Results of operations · Financial statements and exhibits
- Annual report26 Mar 2026
- Current report17 Feb 2026Departure or appointment of officers
- Current report10 Nov 2025Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / VirTra, Inc. · 26 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / VirTra, Inc. · 13 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / VirTra, Inc. · 14 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.