$VBIX
Viewbix Inc. Stock $vbix

$vbix Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000149315224020755 Filed on May 20, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$7.333M	$10.00M	$20.86M
YoY Change	-72.99%	-52.06%	2086100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$1.099M	$1.314M	$1.427M
YoY Change	-21.67%	-7.92%	1998.53%
% of Gross Profit
Research & Development	$532.0K	$730.0K	$796.0K
YoY Change	-25.8%	-8.29%	5585.71%
% of Gross Profit
Depreciation & Amortization	$821.0K	$734.0K	$734.0K
YoY Change	11.85%	0.0%
% of Gross Profit
Operating Expenses	$1.631M	$2.044M	$2.223M
YoY Change	-23.07%	-8.05%	2240.0%
Operating Profit	-$5.479M	-$1.011M	-$76.00K
YoY Change	-2291.6%	1230.26%	-19.15%
Interest Expense	-$2.744M	-$163.0K	-$185.0K
YoY Change	1015.45%	-11.89%	146.67%
% of Operating Profit
Other Income/Expense, Net	$63.00K	$20.00K
YoY Change
Pretax Income	-$8.223M	-$1.174M	-$261.0K
YoY Change	-205675.0%	349.81%	54.44%
Income Tax	-$24.00K	$1.000K	$84.00K
% Of Pretax Income
Net Earnings	-$7.177M	-$999.0K	-$397.0K
YoY Change	5687.9%	151.64%	134.91%
Net Earnings / Revenue	-97.87%	-9.99%	-1.9%
Basic Earnings Per Share	-$0.48	-$0.07	-$0.03
Diluted Earnings Per Share	-$0.48	-$0.07	-$0.03
COMMON SHARES
Basic Shares Outstanding	14.92M shares	14.92M shares	14.78M shares
Diluted Shares Outstanding	15.05M shares	14.92M shares	15.04M shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$609.0K	$1.284M	$1.771M
YoY Change	-81.57%	-27.5%	3007.02%
Cash & Equivalents	$609.0K	$1.284M	$1.771M
Short-Term Investments
Other Short-Term Assets	$773.0K	$623.0K	$822.0K
YoY Change	11.54%	-24.21%	2835.71%
Inventory
Prepaid Expenses
Receivables	$6.073M	$7.004M	$15.56M
Other Receivables	$3.865M	$3.808M	$3.635M
Total Short-Term Assets	$11.36M	$12.81M	$21.97M
YoY Change	-56.77%	-41.72%	19005.22%
LONG-TERM ASSETS
Property, Plant & Equipment	$40.00K	$230.0K	$284.0K
YoY Change	-85.29%	-19.01%
Goodwill	$7.515M	$12.25M	$17.36M
YoY Change	-56.71%	-29.42%
Intangibles	$11.00M	$11.72M	$14.60M
YoY Change	-20.81%	-19.75%
Long-Term Investments
YoY Change
Other Assets	$95.00K	$144.0K	$308.0K
YoY Change	-54.98%	-53.25%
Total Long-Term Assets	$18.65M	$24.72M	$33.02M
YoY Change	-42.04%	-25.14%
TOTAL ASSETS
Total Short-Term Assets	$11.36M	$12.81M	$21.97M
Total Long-Term Assets	$18.65M	$24.72M	$33.02M
Total Assets	$30.01M	$37.52M	$54.99M
YoY Change	-48.66%	-31.76%	47714.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.797M	$8.407M	$14.06M
YoY Change	-49.28%	-40.19%	87750.0%
Accrued Expenses		$83.00K	$85.00K
YoY Change		-2.35%	-55.73%
Deferred Revenue
YoY Change
Short-Term Debt	$2.360M	$4.357M	$4.822M
YoY Change	-60.67%	-9.64%	6888.41%
Long-Term Debt Due	$2.079M	$2.065M	$1.879M
YoY Change	10.64%	9.9%
Total Short-Term Liabilities	$15.50M	$15.90M	$22.22M
YoY Change	-41.7%	-28.45%	766.73%
LONG-TERM LIABILITIES
Long-Term Debt	$1.671M	$2.441M	$3.585M
YoY Change	-46.58%	-31.91%
Other Long-Term Liabilities	$1.833M	$281.0K	$508.0K
YoY Change	448.8%	-44.69%
Total Long-Term Liabilities	$4.810M	$4.155M	$5.805M
YoY Change	-5.58%	-28.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$15.50M	$15.90M	$22.22M
Total Long-Term Liabilities	$4.810M	$4.155M	$5.805M
Total Liabilities	$20.31M	$20.06M	$28.03M
YoY Change	-35.9%	-28.45%	993.14%
SHAREHOLDERS EQUITY
Retained Earnings	-$18.84M	-$11.66M	-$3.735M
YoY Change	388.13%	212.18%
Common Stock	$25.91M	$25.49M	$25.38M
YoY Change	1.92%	0.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.071M	$13.83M	$21.64M
YoY Change
Total Liabilities & Shareholders Equity	$30.01M	$37.52M	$54.99M
YoY Change	-48.66%	-31.76%	47714.78%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	-$7.177M	-$999.0K	-$397.0K
YoY Change	5687.9%	151.64%	134.91%
Depreciation, Depletion And Amortization	$821.0K	$734.0K	$734.0K
YoY Change	11.85%	0.0%
Cash From Operating Activities	$1.349M	$107.0K	$12.00K
YoY Change	34.5%	791.67%	-100.62%
INVESTING ACTIVITIES
Capital Expenditures			$2.000K
YoY Change			-94.87%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities			-$2.627M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid			$130.0K
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$320.0K		$417.0K
YoY Change	-29.98%		19.48%
Cash From Financing Activities	-$2.068M	-$660.0K	$189.0K
YoY Change	-485.82%	-449.21%	-120.37%
NET CHANGE
Cash From Operating Activities	$1.349M	$107.0K	$12.00K
Cash From Investing Activities			-$2.627M
Cash From Financing Activities	-$2.068M	-$660.0K	$189.0K
Net Change In Cash	-$719.0K	-$553.0K	-$2.426M
YoY Change	-146.96%	-77.21%
FREE CASH FLOW
Cash From Operating Activities	$1.349M	$107.0K	$12.00K
Capital Expenditures			$2.000K
Free Cash Flow	$1.349M	$107.0K	$10.00K
YoY Change	35.58%	970.0%	-100.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14920585	shares
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Other Expenses OtherExpenses		usd
CY2023Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization		usd
CY2024Q1	VBIX	Increse Decrease In Severance Pay IncreseDecreaseInSeverancePay		usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders		usd
CY2023Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt		usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt		usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt		usd
CY2024Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest		usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock		usd
CY2023	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1		usd
CY2024Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest		usd
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Ramat Gan
CY2024Q1	dei	Entity Address Country EntityAddressCountry	IL
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	5268104
CY2024Q1	dei	City Area Code CityAreaCode	+972
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	9-774-1505
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	14920585	shares
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1284000	usd
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	86000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	7004000	usd
CY2024Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3808000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	623000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	12805000	usd
CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	144000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	230000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	374000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	397000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	11715000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	12254000	usd
CY2024Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	24717000	usd
CY2024Q1	us-gaap	Assets Assets	37522000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	8407000	usd
CY2024Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	4357000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	2065000	usd
CY2024Q1	VBIX	Account Payable Other Current AccountPayableOtherCurrent	988000	usd
CY2023Q4	VBIX	Account Payable Other Current AccountPayableOtherCurrent	889000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	83000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	85000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	15900000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	19773000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2441000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3064000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	281000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	304000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1433000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1517000	usd
CY2024Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4155000	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4885000	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	490000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	490000000	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14920585	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14920585	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14920585	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14920585	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	3000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	3000	usd
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	25482000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	25476000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-11660000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-10661000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	13825000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	14818000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	3642000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	3806000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	17467000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18624000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	37522000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	43282000	usd
CY2024Q1	us-gaap	Revenues Revenues	10002000	usd
CY2023Q1	us-gaap	Revenues Revenues	20862000	usd
CY2024Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	8215000	usd
CY2023Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	17981000	usd
CY2024Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	730000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	796000	usd
CY2024Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	658000	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	723000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	656000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	704000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2024Q1	us-gaap	Other Expenses OtherExpenses	20000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1011000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-76000	usd
CY2024Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	163000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	185000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1174000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-261000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-30000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	107000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	12000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2625000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	84000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-1175000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-345000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-176000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	52000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-999000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-397000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14920585	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14783964	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14783964	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	18624000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	18000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	17467000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	29899000	usd
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	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26959000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26959000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-1175000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-345000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	18000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	30000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-81000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-58000	usd
CY2024Q1	VBIX	Gain Loss On Accrued Interest Net GainLossOnAccruedInterestNet	-14000	usd
CY2023Q1	VBIX	Gain Loss On Accrued Interest Net GainLossOnAccruedInterestNet	6000	usd
CY2024Q1	us-gaap	Interest Income Operating InterestIncomeOperating	39000	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	21000	usd
CY2024Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	2000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-4355000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-5386000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-148000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-151000	usd
CY2024Q1	VBIX	Increase Decrease In Operating Lease Rightofuse Assets IncreaseDecreaseInOperatingLeaseRightofuseAssets	-23000	usd
CY2023Q1	VBIX	Increase Decrease In Operating Lease Rightofuse Assets IncreaseDecreaseInOperatingLeaseRightofuseAssets	-22000	usd
CY2023Q1	VBIX	Increse Decrease In Severance Pay IncreseDecreaseInSeverancePay	3000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-3952000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-5726000	usd
CY2024Q1	VBIX	Increase Decrease In Other Payable IncreaseDecreaseInOtherPayable	85000	usd
CY2023Q1	VBIX	Increase Decrease In Other Payable IncreaseDecreaseInOtherPayable	-122000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-25000	usd
CY2024Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	100000	usd
CY2024Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	743000	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
CY2023Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	445000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	130000	usd
CY2024Q1	VBIX	Repayments Of Loan To Related Party Debt RepaymentsOfLoanToRelatedPartyDebt	17000	usd
CY2023Q1	VBIX	Repayments Of Loan To Related Party Debt RepaymentsOfLoanToRelatedPartyDebt	72000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-660000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2436000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-553000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2426000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1923000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4381000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1370000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1955000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	54000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	185000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	205000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	197000	usd
CY2024Q1	VBIX	Cash Paid During Period CashPaidDuringPeriod	259000	usd
CY2023Q1	VBIX	Cash Paid During Period CashPaidDuringPeriod	382000	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.
CY2022Q3	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	reverse stock split of its Common Stock at a ratio of 1-for-28
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1011000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-76000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-1175000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-345000	usd
CY2024Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	1284000	usd
CY2024Q1	us-gaap	Loans Payable LoansPayable	8427000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-11660000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84B_eus-gaap--UseOfEstimates_z42MnF9nMCce" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>C. <span id="xdx_86E_zFHrG9GBYa2h">Use of estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 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 0 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 0 0pt 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2024Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3808000	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3752000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	39000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	21000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y11M1D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0310	pure
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y2M1D
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0310	pure
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	28000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	26000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	29961000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	29961000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5273000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	719000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5992000	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	23969000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	35068000	usd
CY2023	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	5107000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	29961000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	2394000	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2879000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5273000	usd
CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	24688000	usd
CY2023	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	5107000	usd
CY2024Q1	srt	Bank Loans BankLoans	8863000	usd
CY2023Q4	srt	Bank Loans BankLoans	9504000	usd
CY2024Q1	VBIX	Proceeds From Issuance Of Liability And Equity ProceedsFromIssuanceOfLiabilityAndEquity	480000	usd
CY2024Q1	us-gaap	Shortterm Debt Fair Value ShorttermDebtFairValue	483000	usd
CY2024Q1	VBIX	Percentage Of Fair Value PercentageOfFairValue	1.0000	pure
CY2024Q1	VBIX	Short Term Debt Allocated Amount ShortTermDebtAllocatedAmount	480000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	480000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	55000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	425000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2000	usd
CY2024Q1	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.
CY2022Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	917000	usd
CY2024Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10002000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1011000	usd
CY2024Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	163000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1174000	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

Files In Submission

Name	View Source	Status
0001493152-24-020755-index-headers.html	Edgar Link	pending
0001493152-24-020755-index.html	Edgar Link	pending
0001493152-24-020755.txt	Edgar Link	pending
0001493152-24-020755-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
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R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
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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-20240331.xsd	Edgar Link	pending
vbix-20240331_cal.xml	Edgar Link	unprocessable
vbix-20240331_lab.xml	Edgar Link	unprocessable
vbix-20240331_pre.xml	Edgar Link	unprocessable
vbix-20240331_def.xml	Edgar Link	unprocessable

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$VBIX
Viewbix Inc. Stock $vbix

2024 Q2 Form 10-Q Financial Statement

#000149315224020755 Filed on May 20, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VBIX Viewbix Inc. Stock $vbix

2024 Q2 Form 10-Q Financial Statement

#000149315224020755 Filed on May 20, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VBIX
Viewbix Inc. Stock $vbix