Formation and Business of the Company

12 Months Ended

Dec. 31, 2013

Formation and Business of the Company [Abstract]

Formation and Business of the Company

Note 1 - Formation and Business of the Company

VirnetX Holding Corporation, which we refer to as” we”, “us”, “our”, “the Company” or “VirnetX”, is engaged in the business of commercializing a portfolio of patents. We seek to license our technology, including GABRIEL Connection Technology™, to various original equipment manufacturers, or OEMs, that use our technologies in the development and manufacturing of their own products within the IP-telephony, mobility, fixed-mobile convergence and unified communications markets.    Prior to 2012 our revenue was limited to an insignificant amount of software royalties pursuant to the terms of a single license agreement.  During 2013 and 2012 we had revenues from settlements of patent infringement disputes whereby we received consideration for past sales of licensees that utilized our technology, where there was no prior patent license agreement (see “Revenue Recognition”).