$VBIX
Viewbix Inc. Stock $vbix

$vbix Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000149315223016976 Filed on May 15, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$27.15M	$20.86M	$1.000K
YoY Change	1357600.0%	2086100.0%	-87.5%
Cost Of Revenue
YoY Change
Gross Profit			$1.000K
YoY Change			-87.5%
Gross Profit Margin			100.0%
Selling, General & Admin	$1.403M	$1.427M	$68.00K
YoY Change	1904.29%	1998.53%	4.62%
% of Gross Profit			6800.0%
Research & Development	$717.0K	$796.0K	$14.00K
YoY Change	5021.43%	5585.71%	-12.5%
% of Gross Profit			1400.0%
Depreciation & Amortization	$734.0K	$734.0K
YoY Change	-44.18%
% of Gross Profit
Operating Expenses	$2.120M	$2.223M	$95.00K
YoY Change	15042.86%	2240.0%	17.28%
Operating Profit	$250.0K	-$76.00K	-$94.00K
YoY Change	-347.52%	-19.15%	28.77%
Interest Expense	-$246.0K	-$185.0K	-$75.00K
YoY Change	267.16%	146.67%	971.43%
% of Operating Profit	-98.4%
Other Income/Expense, Net
YoY Change
Pretax Income	$4.000K	-$261.0K	-$169.0K
YoY Change	-102.38%	54.44%	111.25%
Income Tax	$87.00K	$84.00K
% Of Pretax Income	2175.0%
Net Earnings	-$124.0K	-$397.0K	-$169.0K
YoY Change	-26.19%	134.91%	111.25%
Net Earnings / Revenue	-0.46%	-1.9%	-16900.0%
Basic Earnings Per Share	-$0.01	-$0.03	-$0.02
Diluted Earnings Per Share	-$0.01	-$0.03	-$4.863K
COMMON SHARES
Basic Shares Outstanding	14.78M shares	14.78M shares	14.78M shares
Diluted Shares Outstanding	15.07M shares	15.04M shares	15.04M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.304M	$1.771M	$57.00K
YoY Change	12137.04%	3007.02%	-57.46%
Cash & Equivalents	$3.304M	$1.771M	$57.00K
Short-Term Investments
Other Short-Term Assets	$693.0K	$822.0K	$28.00K
YoY Change	4850.0%	2835.71%	3.7%
Inventory
Prepaid Expenses
Receivables	$18.42M	$15.56M	$9.000K
Other Receivables	$3.689M	$3.635M	$21.00K
Total Short-Term Assets	$26.28M	$21.97M	$115.0K
YoY Change	35904.11%	19005.22%	-41.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$272.0K	$284.0K
YoY Change
Goodwill	$17.36M	$17.36M
YoY Change
Intangibles	$13.89M	$14.60M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$211.0K	$308.0K
YoY Change
Total Long-Term Assets	$32.17M	$33.02M	$0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$26.28M	$21.97M	$115.0K
Total Long-Term Assets	$32.17M	$33.02M	$0.00
Total Assets	$58.45M	$54.99M	$115.0K
YoY Change	79973.97%	47714.78%	-41.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$17.35M	$14.06M	$16.00K
YoY Change	123792.86%	87750.0%	60.0%
Accrued Expenses	$83.00K	$85.00K	$192.0K
YoY Change	-53.11%	-55.73%
Deferred Revenue
YoY Change
Short-Term Debt	$6.000M	$4.822M	$69.00K
YoY Change	8595.65%	6888.41%	27.78%
Long-Term Debt Due	$1.879M	$1.879M
YoY Change
Total Short-Term Liabilities	$26.59M	$22.22M	$2.564M
YoY Change	888.55%	766.73%	8.92%
LONG-TERM LIABILITIES
Long-Term Debt	$3.128M	$3.585M	$0.00
YoY Change
Other Long-Term Liabilities	$334.0K	$508.0K
YoY Change
Total Long-Term Liabilities	$5.094M	$5.805M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$26.59M	$22.22M	$2.564M
Total Long-Term Liabilities	$5.094M	$5.805M	$0.00
Total Liabilities	$31.69M	$28.03M	$2.564M
YoY Change	1077.92%	993.14%	8.92%
SHAREHOLDERS EQUITY
Retained Earnings	-$3.859M	-$3.735M
YoY Change	-75.69%
Common Stock	$25.42M	$25.38M
YoY Change	91.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$21.56M	$21.64M	-$2.449M
YoY Change
Total Liabilities & Shareholders Equity	$58.45M	$54.99M	$115.0K
YoY Change	79973.97%	47714.78%	-41.33%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$124.0K	-$397.0K	-$169.0K
YoY Change	-26.19%	134.91%	111.25%
Depreciation, Depletion And Amortization	$734.0K	$734.0K
YoY Change	-44.18%
Cash From Operating Activities	$1.003M	$12.00K	-$1.950M
YoY Change	-3443.33%	-100.62%
INVESTING ACTIVITIES
Capital Expenditures	$8.000K	$2.000K	$39.00K
YoY Change	33.33%	-94.87%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$8.000K	-$2.627M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid		$130.0K
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$457.0K	$417.0K	$349.0K
YoY Change	29.46%	19.48%
Cash From Financing Activities	$536.0K	$189.0K	-$928.0K
YoY Change		-120.37%
NET CHANGE
Cash From Operating Activities	$1.003M	$12.00K	-$1.950M
Cash From Investing Activities	-$8.000K	-$2.627M
Cash From Financing Activities	$536.0K	$189.0K	-$928.0K
Net Change In Cash	$1.531M	-$2.426M	$0.00
YoY Change	-5203.33%
FREE CASH FLOW
Cash From Operating Activities	$1.003M	$12.00K	-$1.950M
Capital Expenditures	$8.000K	$2.000K	$39.00K
Free Cash Flow	$995.0K	$10.00K	-$1.989M
YoY Change	-2863.89%	-100.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000797542
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	VBIX	Exchange Rate Differences On Loans ExchangeRateDifferencesOnLoans		usd
CY2023Q1	VBIX	Increase Decrease In Parent Company Loan IncreaseDecreaseInParentCompanyLoan		usd
CY2022Q1	VBIX	Cash Paid To Noncontrolling Interests CashPaidToNoncontrollingInterests		usd
CY2023Q1	us-gaap	Payments For Software PaymentsForSoftware		usd
CY2022Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt		usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt		usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends		usd
CY2023Q1	VBIX	Intangible Assets Net Including Goodwill Addition IntangibleAssetsNetIncludingGoodwillAddition		usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	000-15746
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	VIEWBIX INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	68-0080601
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	11 Derech Menachem Begin Street
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Ramat Gan
CY2023Q1	dei	Entity Address Country EntityAddressCountry	IL
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	5268104
CY2023Q1	dei	City Area Code CityAreaCode	+972
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	9-774-1505
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	14783964	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1771000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4196000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	184000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	185000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	15559000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	20945000	usd
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3635000	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3542000	usd
CY2023Q1	us-gaap	Other Assets Current OtherAssetsCurrent	822000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	973000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	21971000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	29841000	usd
CY2023Q1	VBIX	Severance Pay Funds SeverancePayFunds	51000	usd
CY2022Q4	VBIX	Severance Pay Funds SeverancePayFunds	52000	usd
CY2023Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	257000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	340000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	284000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	302000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	464000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	486000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14599000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	15313000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	17361000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	17361000	usd
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	33016000	usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	33854000	usd
CY2023Q1	us-gaap	Assets Assets	54987000	usd
CY2022Q4	us-gaap	Assets Assets	63695000	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	14056000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	19782000	usd
CY2023Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	4822000	usd
CY2022Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	5069000	usd
CY2023Q1	VBIX	Current Maturities Of Longterm Loan CurrentMaturitiesOfLongtermLoan	1879000	usd
CY2022Q4	VBIX	Current Maturities Of Longterm Loan CurrentMaturitiesOfLongtermLoan	1500000	usd
CY2023Q1	VBIX	Account Payable Other Current AccountPayableOtherCurrent	1381000	usd
CY2022Q4	VBIX	Account Payable Other Current AccountPayableOtherCurrent	2084000	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	85000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	87000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	22223000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	28522000	usd
CY2023Q1	VBIX	Accrued Severance Pay AccruedSeverancePay	148000	usd
CY2022Q4	VBIX	Accrued Severance Pay AccruedSeverancePay	152000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3585000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2881000	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	360000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	388000	usd
CY2023Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1712000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1853000	usd
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	5805000	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	5274000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	490000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	490000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14783964	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14783964	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14783964	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14783964	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	3000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	3000	usd
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	25374000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	25350000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3735000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3338000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	21642000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	22015000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	5317000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	7884000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26959000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	29899000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	54987000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	63695000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20862000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20435000	usd
CY2023Q1	VBIX	Trafficacquisition And Related Costs TrafficacquisitionAndRelatedCosts	17981000	usd
CY2022Q1	VBIX	Trafficacquisition And Related Costs TrafficacquisitionAndRelatedCosts	17615000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	796000	usd
CY2022Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	848000	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	723000	usd
CY2022Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	620000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	704000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	547000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	586000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-76000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	219000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	185000	usd
CY2022Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	337000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-261000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-118000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	84000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-345000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-149000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	52000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	119000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-397000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-268000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14783964	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15044630	shares
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	29899000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-345000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	30000	usd
CY2023Q1	VBIX	Adjustments To Additional Paid In Capital Transaction With Noncontrolling Interest Value AdjustmentsToAdditionalPaidInCapitalTransactionWithNoncontrollingInterestValue	-2625000	usd
CY2023Q1	VBIX	Adjustments To Additional Paid In Capital Transaction With Noncontrolling Interest Value AdjustmentsToAdditionalPaidInCapitalTransactionWithNoncontrollingInterestValue	-2625000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26959000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18517000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18517000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-149000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Mark To Market AdjustmentsToAdditionalPaidInCapitalMarkToMarket	13328000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Mark To Market AdjustmentsToAdditionalPaidInCapitalMarkToMarket	13328000	usd
CY2022Q1	VBIX	Stock Issued During Period Value Non Controlling Interest StockIssuedDuringPeriodValueNonControllingInterest	-350000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	31347000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	31347000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-345000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-149000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	586000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	30000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1000	usd
CY2023Q1	VBIX	Deferred Income Tax DeferredIncomeTax	58000	usd
CY2022Q1	VBIX	Deferred Income Tax DeferredIncomeTax	55000	usd
CY2023Q1	VBIX	Gain Loss On Accrued Interest Net GainLossOnAccruedInterestNet	27000	usd
CY2022Q1	VBIX	Gain Loss On Accrued Interest Net GainLossOnAccruedInterestNet	22000	usd
CY2022Q1	VBIX	Exchange Rate Differences On Loans ExchangeRateDifferencesOnLoans	184000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-5386000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2083000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-151000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	497000	usd
CY2023Q1	VBIX	Increase Decrease In Operating Lease Rightofuse Assets IncreaseDecreaseInOperatingLeaseRightofuseAssets	-22000	usd
CY2022Q1	VBIX	Increase Decrease In Operating Lease Rightofuse Assets IncreaseDecreaseInOperatingLeaseRightofuseAssets	-20000	usd
CY2023Q1	VBIX	Increse Decrease In Severance Pay IncreseDecreaseInSeverancePay	3000	usd
CY2022Q1	VBIX	Increse Decrease In Severance Pay IncreseDecreaseInSeverancePay	-19000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-5726000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-4019000	usd
CY2023Q1	VBIX	Increase Decrease In Other Payable IncreaseDecreaseInOtherPayable	-122000	usd
CY2022Q1	VBIX	Increase Decrease In Other Payable IncreaseDecreaseInOtherPayable	-137000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-30000	usd
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-18000	usd
CY2022Q1	VBIX	Increase Decrease In Parent Company Loan IncreaseDecreaseInParentCompanyLoan	54000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	12000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1950000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	39000	usd
CY2023Q1	VBIX	Cash Paid To Noncontrolling Interests CashPaidToNoncontrollingInterests	2625000	usd
CY2022Q1	us-gaap	Payments For Software PaymentsForSoftware	16000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2627000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-55000	usd
CY2023Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	247000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1500000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	417000	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	349000	usd
CY2023Q1	VBIX	Payment Of Dividend To Noncontrolling Interests PaymentOfDividendToNoncontrollingInterests	445000	usd
CY2022Q1	VBIX	Payment Of Dividend To Noncontrolling Interests PaymentOfDividendToNoncontrollingInterests	350000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	130000	usd
CY2023Q1	VBIX	Repayments Of Loan To Related Party Debt RepaymentsOfLoanToRelatedPartyDebt	72000	usd
CY2022Q1	VBIX	Repayments Of Loan To Related Party Debt RepaymentsOfLoanToRelatedPartyDebt	229000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	189000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-928000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2426000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2933000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4381000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5442000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1955000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2509000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	185000	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	326000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	197000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	103000	usd
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Related Party Transaction Description Of Transaction RelatedPartyTransactionDescriptionOfTransaction	As a result of the Reorganization Transaction, the former holders of Gix Media Shares, who previously held approximately 68% of the Company’s Common Stock, hold approximately 97% of the Company’s Common Stock, and Gix Media became a wholly owned subsidiary of the Company.
CY2023Q1	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	1500000	usd
CY2021Q4	VBIX	Intangible Assets Net Including Goodwill Cost IntangibleAssetsNetIncludingGoodwillCost	28442000	usd
CY2021Q4	VBIX	Intangible Assets Net Including Goodwill Cost IntangibleAssetsNetIncludingGoodwillCost	28442000	usd
CY2022	VBIX	Intangible Assets Net Including Goodwill Adjustments To Ultimate Parent Company Earning Values IntangibleAssetsNetIncludingGoodwillAdjustmentsToUltimateParentCompanyEarningValues	6610000	usd
CY2022	VBIX	Intangible Assets Net Including Goodwill Addition IntangibleAssetsNetIncludingGoodwillAddition	16000	usd
CY2022Q4	VBIX	Intangible Assets Net Including Goodwill Cost IntangibleAssetsNetIncludingGoodwillCost	35068000	usd
CY2022Q4	VBIX	Intangible Assets Net Including Goodwill Cost IntangibleAssetsNetIncludingGoodwillCost	35068000	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84B_eus-gaap--UseOfEstimates_zbndFoDhe1fb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>C. <span id="xdx_86D_z6bnVBFXLcAf">Use of estimates </span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. The Company evaluates on an ongoing basis its assumptions, including those related to contingencies, deferred taxes, inventory impairment, stock-based compensation, as well as in estimates used in applying the revenue recognition policy. Actual results may differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2021Q4	VBIX	Intangible Assets Net Including Goodwill Accumulated Amortization IntangibleAssetsNetIncludingGoodwillAccumulatedAmortization	7545000	usd
CY2021Q4	VBIX	Intangible Assets Net Including Goodwill Accumulated Amortization IntangibleAssetsNetIncludingGoodwillAccumulatedAmortization	7545000	usd
CY2022	VBIX	Accumulated Amortization Adjustments To Ultimate Parent Company Earning Values AccumulatedAmortizationAdjustmentsToUltimateParentCompanyEarningValues	-7870000	usd
CY2022	VBIX	Intangible Assets Net Including Goodwil Amortization IntangibleAssetsNetIncludingGoodwilAmortization	2719000	usd
CY2022Q4	VBIX	Intangible Assets Net Including Goodwill Accumulated Amortization IntangibleAssetsNetIncludingGoodwillAccumulatedAmortization	2394000	usd
CY2022Q4	VBIX	Intangible Assets Net Including Goodwill Accumulated Amortization IntangibleAssetsNetIncludingGoodwillAccumulatedAmortization	2394000	usd
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3635000	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3542000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	21000	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	143000	usd
CY2021Q1	us-gaap	Payments For Rent PaymentsForRent	67000	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y11M1D
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0310	pure
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y2M1D
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0310	pure
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	26000	usd
CY2022Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	25000	usd
CY2022Q4	VBIX	Intangible Assets Net Including Goodwill Cost IntangibleAssetsNetIncludingGoodwillCost	35068000	usd
CY2023Q1	VBIX	Intangible Assets Net Including Goodwill Cost IntangibleAssetsNetIncludingGoodwillCost	35068000	usd
CY2022Q4	VBIX	Intangible Assets Net Including Goodwill Accumulated Amortization IntangibleAssetsNetIncludingGoodwillAccumulatedAmortization	2394000	usd
CY2023Q1	VBIX	Intangible Assets Net Including Goodwil Amortization IntangibleAssetsNetIncludingGoodwilAmortization	714000	usd
CY2023Q1	VBIX	Intangible Assets Net Including Goodwill Accumulated Amortization IntangibleAssetsNetIncludingGoodwillAccumulatedAmortization	3108000	usd
CY2023Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	31960000	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	32674000	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	32674000	usd
CY2023Q1	us-gaap	Debt Instrument Frequency Of Periodic Payment DebtInstrumentFrequencyOfPeriodicPayment	1,500
CY2023Q1	srt	Bank Loans BankLoans	10286000	usd
CY2022Q4	srt	Bank Loans BankLoans	9450000	usd
CY2023Q1	us-gaap	Debt Instrument Frequency Of Periodic Payment DebtInstrumentFrequencyOfPeriodicPayment	repaid in 3 equal monthly payments
CY2023Q1	us-gaap	Common Stock Voting Rights CommonStockVotingRights	Shares of Common Stock confer the rights to: (i) participate in the general meetings, to one vote per share for any purpose, to an equal part, on share basis, (ii) in distribution of dividends and (iii) to equally participate, on share basis, in distribution of excess of assets and funds from the Company and will not confer other privileges.
CY2022Q3	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	Company filed the Amended COI with the Secretary of State of Delaware to affect a 28 to 1 reverse stock split of the Company’s outstanding shares of Common Stock.
CY2022	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	917000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20862000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-76000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	185000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-261000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20435000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	586000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	219000	usd
CY2022Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	337000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-118000	usd

Files In Submission

Name	View Source	Status
0001493152-23-016976-index-headers.html	Edgar Link	pending
0001493152-23-016976-index.html	Edgar Link	pending
0001493152-23-016976.txt	Edgar Link	pending
0001493152-23-016976-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
form10-q_001.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
vbix-20230331.xsd	Edgar Link	pending
vbix-20230331_def.xml	Edgar Link	unprocessable
vbix-20230331_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
vbix-20230331_lab.xml	Edgar Link	unprocessable
vbix-20230331_pre.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$VBIX
Viewbix Inc. Stock $vbix

2023 Q2 Form 10-Q Financial Statement

#000149315223016976 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VBIX Viewbix Inc. Stock $vbix

2023 Q2 Form 10-Q Financial Statement

#000149315223016976 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VBIX
Viewbix Inc. Stock $vbix