VERO · Venus Concept Inc.
Going-concern doubt
— flagged Nov 13, 2025
Substantial doubt about the company's ability to continue as a going concern.
“The Company's recurring losses from operations and negative cash flows raise substantial doubt about the Company's ability to continue as a going concern within 12 months from the date that the condensed consolidated financial statements are issued.”View the 10-Q filed Nov 13, 2025
Market Cap
$578,187
Shares
1.86M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Rajiv De Silva | Chief Executive Officer | $842,625 |
| Hemanth Varghese | Former President and Chief Operating Officer | $640,145 |
| Ross Portaro | Executive Vice President, Commercial Strategy & Head of Venus Hair | $520,089 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Rajiv De Silva | Chief Executive Officer | $842,625 |
| Ross Portaro | Executive Vice President & General Manager, Global Sales & Marketing | $602,004 |
| Hemanth Varghese | President and Chief Operating Officer | $582,668 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Rajiv De Silva | Chief Executive Officer | $898,655 |
| Ross Portaro | Executive Vice President & General Manager, Global Sales & Marketing | $630,438 |
| Hemanth Varghese | President and Chief Operating Officer | $400,734 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Domenic Serafino | Former Chief Executive Officer | $1,154,408 |
| Domenic Della Penna | Executive Vice President & Chief Financial Officer Ross Portaro^^ Executive Vice President & General Manager, Global Sales & Marketing | $684,937 |
| Søren Maor Sinay | Chief Operating Officer | $669,692 |
| Rajiv De Silva | Chief Executive Officer | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Chad Zaring | Chief Commercial Officer | $1,585,892 |
| Domenic Serafino | Chief Executive Officer | $997,194 |
| Domenic Della Penna | Chief Financial Officer | $731,007 |
| Søren Maor Sinay | Chief Operating Officer | $703,644 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Ryan Rhodes | Former President and Chief Executive Officer | $576,265 |
| Domenic Serafino | Chief Executive Officer | $551,822 |
| Mark Hair | Former Chief Financial Officer | $531,166 |
| Greg Anderson | Former Vice President, Market Development | $427,870 |
| William Kelley | Former President, Global Sales | $409,808 |
| Domenic Della Penna | Chief Financial Officer | $352,891 |
| Chad Zaring | Chief Commercial Officer | — |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Mark Hair | Former Chief Financial Officer | $1,203,454 |
| Ryan Rhodes | Former President and Chief Executive Officer | $548,563 |
| Domenic Serafino | Chief Executive Officer | $518,817 |
| William Kelley | Former President, Global Sales | $398,988 |
| Domenic Della Penna | Chief Financial Officer | $339,121 |
| Greg Anderson | Former Vice President, Market Development | $305,000 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Hemanth Varghese | President and Chief Operating Officer | Resigned | 2025-02-25 |
| Garheng Kong, M.D. | board of directors | Resigned | 2024-12-03 |
| Soeren Maor Sinay | Chief Operating Officer | Resigned | 2023-03-07 |
| Hemanth Varghese | President & Chief Innovation and Business Officer | Appointed | 2023-02-07 |
| William McGrail | Senior Vice President, Technical Operations and Compliance | Appointed | 2023-02-07 |
| Domenic Serafino | member of the Board of Directors | Terminated | 2023-01-06 |
| Domenic Serafino | Chief Executive Officer | Terminated | 2023-01-06 |
| Hemanth Varghese | President and Chief Business Officer | Appointed | 2022-10-11 |
| Rajiv De Silva | Class I director | Appointed | 2022-10-03 |
| Rajiv De Silva | Chief Executive Officer | Appointed | 2022-10-03 |