2024 Q4 Form 10-Q Financial Statement
#000165495424014469 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $370.5K | $508.1K | |
YoY Change | -27.09% | 41.29% | |
% of Gross Profit | |||
Research & Development | $0.00 | $28.36K | |
YoY Change | -100.0% | -48.33% | |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $370.5K | $536.5K | |
YoY Change | -30.95% | 29.42% | |
Operating Profit | -$370.5K | -$536.5K | |
YoY Change | -30.95% | 29.42% | |
Interest Expense | $54.09K | $46.53K | |
YoY Change | 16.24% | -64.14% | |
% of Operating Profit | |||
Other Income/Expense, Net | $697.1K | -$52.20K | |
YoY Change | -1435.51% | -91.63% | |
Pretax Income | $326.6K | -$588.7K | |
YoY Change | -155.48% | -43.28% | |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | $326.6K | -$588.7K | |
YoY Change | -155.48% | -43.28% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | -$0.02 | |
Diluted Earnings Per Share | $0.00 | -$0.03 | |
COMMON SHARES | |||
Basic Shares Outstanding | 242.4M shares | 239.5M shares | 45.52M shares |
Diluted Shares Outstanding | 259.2M shares | 36.32M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $8.100K | $30.53K | |
YoY Change | -73.47% | 35.57% | |
Cash & Equivalents | $8.102K | $30.53K | |
Short-Term Investments | |||
Other Short-Term Assets | $58.34K | ||
YoY Change | 11.12% | ||
Inventory | |||
Prepaid Expenses | $58.34K | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $8.102K | $88.87K | |
YoY Change | -90.88% | 18.46% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $8.102K | $88.87K | |
Total Long-Term Assets | $0.00 | $0.00 | |
Total Assets | $8.102K | $88.87K | |
YoY Change | -90.88% | 18.46% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.133M | $1.035M | |
YoY Change | 9.45% | 59.94% | |
Accrued Expenses | $2.349M | $2.065M | |
YoY Change | 13.74% | 63.88% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $973.7K | $1.346M | |
YoY Change | -27.67% | -20.46% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $4.710M | $4.705M | |
YoY Change | 0.11% | 27.97% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.710M | $4.705M | |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $4.710M | $4.705M | |
YoY Change | 0.11% | 27.97% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$62.42M | -$60.94M | |
YoY Change | 2.43% | 5.81% | |
Common Stock | $24.25K | $4.554K | |
YoY Change | 432.52% | 1470.34% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$4.702M | -$4.616M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.102K | $88.87K | |
YoY Change | -90.88% | 18.46% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $326.6K | -$588.7K | |
YoY Change | -155.48% | -43.28% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$110.6K | -$145.7K | |
YoY Change | -24.1% | -12.99% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $110.2K | $166.3K | |
YoY Change | -33.69% | -99.69% | |
NET CHANGE | |||
Cash From Operating Activities | -$110.6K | -$145.7K | |
Cash From Investing Activities | |||
Cash From Financing Activities | $110.2K | $166.3K | |
Net Change In Cash | -$355.00 | $20.55K | |
YoY Change | -101.73% | -99.96% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$110.6K | -$145.7K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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---|---|---|---|---|
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Fair Value Of Shares
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|
57561804 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-62420874 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-62747490 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4701680 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5148969 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8102 | usd |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8456 | usd |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
0 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
0 | usd |
CY2024Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
370466 | usd |
CY2023Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
508140 | usd |
CY2024Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
28363 | usd |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
370466 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
536503 | usd |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-370466 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-536503 | usd |
CY2024Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
26111 | usd |
CY2023Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-60396 | usd |
CY2024Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
725059 | usd |
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
54730 | usd |
CY2024Q3 | us-gaap |
Interest Expense
InterestExpense
|
54088 | usd |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
46530 | usd |
CY2024Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
697082 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-52196 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
326616 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-588699 | usd |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0 | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
229028045 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
36316174 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
259194421 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
36316174 | shares |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5148969 | usd |
CY2024Q3 | vism |
Shares Issued As Compensation To Directors And Officers Amount
SharesIssuedAsCompensationToDirectorsAndOfficersAmount
|
52500 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
23270 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
44902 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
326616 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4701680 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4253314 | usd |
CY2023Q3 | vism |
Shares Issued As Compensation To Directors And Officers Amount
SharesIssuedAsCompensationToDirectorsAndOfficersAmount
|
62868 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
47351 | usd |
CY2023Q3 | vism |
Shares Issued To Employees Amount
SharesIssuedToEmployeesAmount
|
4055 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
111905 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-588699 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4615834 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
326616 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-588699 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
75770 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
114275 | usd |
CY2024Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
26111 | usd |
CY2023Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-60396 | usd |
CY2024Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
725059 | usd |
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
54730 | usd |
CY2024Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
12150 | usd |
CY2023Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
11235 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
42143 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
150702 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
0 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
58339 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
29641 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
63201 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
154250 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
156250 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-110600 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-145709 | usd |
CY2024Q3 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
56526 | usd |
CY2023Q3 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
18056 | usd |
CY2024Q3 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | usd |
CY2023Q3 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
44250 | usd |
CY2024Q3 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
CY2023Q3 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
83000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
75000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
135000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
21281 | usd |
CY2023Q3 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
25548 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
110245 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
166258 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-355 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
20549 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8456 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9982 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8102 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30531 | usd |
CY2024Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3151 | usd |
CY2023Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
9541 | usd |
CY2024Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2024Q3 | vism |
Common Stock Issued For Conversion Of Notes Payable And Accrued Interest
CommonStockIssuedForConversionOfNotesPayableAndAccruedInterest
|
44902 | usd |
CY2023Q3 | vism |
Common Stock Issued For Conversion Of Notes Payable And Accrued Interest
CommonStockIssuedForConversionOfNotesPayableAndAccruedInterest
|
111905 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
326616 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-110600 | usd |
CY2024Q3 | us-gaap |
Fiscal Period
FiscalPeriod
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The fiscal year ends on June 30. References to fiscal year 2025, for example, refer to the fiscal year ending June 30, 2025.</p> | |
CY2024Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses during the reported period. Actual results will differ from those estimates. Included in these estimates are assumptions used in Cox, Ross & Rubinstein Binomial Tree stock-based compensation valuation methods, such as expected volatility, risk-free interest rate, and expected dividend rate and in the valuation allowance of deferred tax assets and derivative liability.</p> | |
CY2024Q3 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company is subject to a concentration of credit risk from cash.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company’s cash account is held at a financial institution and is insured by the Federal Deposit Insurance Corporation, or FDIC, up to $250,000. As of September 30, 2024 and June 30, 2024, the Company did not exceed these FDIC limits.</p> | |
CY2024Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
41566 | usd |
CY2024Q3 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-26111 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
15455 | usd |
CY2024Q3 | vism |
Weighted Average Number Of Diluted Shares Outstanding One
WeightedAverageNumberOfDilutedSharesOutstandingOne
|
229028045 | shares |
CY2024 | vism |
Weighted Average Number Of Diluted Shares Outstanding One
WeightedAverageNumberOfDilutedSharesOutstandingOne
|
102376772 | shares |
CY2024Q3 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
30151094 | shares |
CY2024Q3 | vism |
Common Stock Options
CommonStockOptions
|
2222 | shares |
CY2024Q3 | vism |
Issuance Of Warrant Shares
IssuanceOfWarrantShares
|
5114576 | usd |
CY2024Q2 | vism |
Issuance Of Warrant Shares
IssuanceOfWarrantShares
|
0 | usd |
CY2024Q3 | vism |
Antidilutive Securities Excluded From Computation Of Earnings Per Shares
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShares
|
5116798 | shares |
CY2024Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
15455 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
41566 | usd |
CY2024Q3 | vism |
Derivative Liabilities Fair Value Assumptions Exercise Price
DerivativeLiabilitiesFairValueAssumptionsExercisePrice
|
0.00138 | |
CY2023Q3 | vism |
Derivative Liabilities Fair Value Assumptions Exercise Price
DerivativeLiabilitiesFairValueAssumptionsExercisePrice
|
0.00784 | |
CY2024Q3 | vism |
Derivative Liabilities Fair Value Assumptions Market Price
DerivativeLiabilitiesFairValueAssumptionsMarketPrice
|
0.0028 | |
CY2023Q3 | vism |
Derivative Liabilities Fair Value Assumptions Market Price
DerivativeLiabilitiesFairValueAssumptionsMarketPrice
|
0.0252 | |
CY2024Q3 | vism |
Derivative Liabilities Fair Value Assumptions Expected Volatility Rate
DerivativeLiabilitiesFairValueAssumptionsExpectedVolatilityRate
|
2.7619 | pure |
CY2023Q3 | vism |
Derivative Liabilities Fair Value Assumptions Expected Volatility Rate
DerivativeLiabilitiesFairValueAssumptionsExpectedVolatilityRate
|
1.9239 | pure |
CY2024Q3 | vism |
Derivative Liabilities Fair Value Assumptions Risk Free Interest Rate
DerivativeLiabilitiesFairValueAssumptionsRiskFreeInterestRate
|
0.0487 | pure |
CY2023Q3 | vism |
Derivative Liabilities Fair Value Assumptions Risk Free Interest Rate
DerivativeLiabilitiesFairValueAssumptionsRiskFreeInterestRate
|
0.056 | pure |
CY2024Q3 | vism |
Derivative Liabilities Fair Value Assumptions Expected Term
DerivativeLiabilitiesFairValueAssumptionsExpectedTerm
|
P60D | |
CY2023Q3 | vism |
Derivative Liabilities Fair Value Assumptions Expected Term
DerivativeLiabilitiesFairValueAssumptionsExpectedTerm
|
P60D | |
CY2024Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
41566 | usd |
CY2024Q3 | vism |
Loss On Change In Fair Value Of Derivative Liabalities
LossOnChangeInFairValueOfDerivativeLiabalities
|
-26111 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
15455 | usd |
CY2024Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
540116 | usd |
CY2024Q3 | vism |
Interest Expense Accrued
InterestExpenseAccrued
|
36107 | usd |
CY2024Q3 | us-gaap |
Net Investment In Lease Accrued Interest Writeoff
NetInvestmentInLeaseAccruedInterestWriteoff
|
-361559 | usd |
CY2024Q3 | vism |
Convertible Notes Payable1
ConvertibleNotesPayable1
|
293046 | usd |
CY2024Q2 | vism |
Convertible Notes Payable1
ConvertibleNotesPayable1
|
541383 | usd |
CY2024Q3 | vism |
Discount On Convertible Notes Payable
DiscountOnConvertibleNotesPayable
|
-4523 | usd |
CY2024Q2 | vism |
Discount On Convertible Notes Payable
DiscountOnConvertibleNotesPayable
|
-7022 | usd |
CY2024Q3 | vism |
Convertible Notes Payable To Related Parties Current
ConvertibleNotesPayableToRelatedPartiesCurrent
|
288523 | usd |
CY2024Q2 | vism |
Convertible Notes Payable To Related Parties Current
ConvertibleNotesPayableToRelatedPartiesCurrent
|
534361 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
288523 | usd |
CY2024Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
534361 | usd |
CY2024Q3 | vism |
Scheduleofconvertible Notes Payabletabletextblock
ScheduleofconvertibleNotesPayabletabletextblock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:85%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible payable at June 30, 2024</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">534,361</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible notes issued during the three months ended September 30, 2024</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible notes repaid in cash</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Discount amortization related to convertible notes payable</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,499</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Write off of convertible note principal balance</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(208,500 </td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Conversion of convertible notes payable into common stock</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(39,838 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible payable at September 30, 2024</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">288,523</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | |
CY2024Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
534361 | usd |
CY2024Q3 | vism |
Convertible Notes Issued55
ConvertibleNotesIssued55
|
0 | usd |
CY2024Q3 | vism |
Convertible Notes Repaid In Cash
ConvertibleNotesRepaidInCash
|
0 | usd |
CY2024Q3 | vism |
Discount Amortization Related To Convertible Notes Payable
DiscountAmortizationRelatedToConvertibleNotesPayable
|
2499 | usd |
CY2024Q3 | vism |
Write Off Of Convertible Note Principal Balance
WriteOffOfConvertibleNotePrincipalBalance
|
-208500 | usd |
CY2024Q3 | vism |
Conversion Of Convertible Notes Payable Into Common Stock
ConversionOfConvertibleNotesPayableIntoCommonStock
|
-39838 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
288523 | usd |
CY2024Q3 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
10691000 | shares |
CY2024Q3 | vism |
Convertible Notes Payable Principle Amount
ConvertibleNotesPayablePrincipleAmount
|
39838 | usd |
CY2024Q3 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
3315 | usd |
CY2024Q3 | vism |
Convertible Notes Payable Conversion Expense
ConvertibleNotesPayableConversionExpense
|
1750 | usd |
CY2024Q3 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
44902 | usd |
CY2024Q3 | us-gaap |
Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
|
0.0042 | |
CY2024Q3 | vism |
Legal Opinion To Extinguish Aged Debt
LegalOpinionToExtinguishAgedDebt
|
725059 | usd |
CY2024Q3 | vism |
Accrued Interest Expense
AccruedInterestExpense
|
361559 | usd |
CY2024Q3 | vism |
Convertible Note Payable
ConvertibleNotePayable
|
208500 | usd |
CY2024Q3 | vism |
Promissory Notes Payable
PromissoryNotesPayable
|
155000 | usd |
CY2024Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
725059 | usd |
CY2023Q3 | vism |
Common Stock Convertible Conversion Prices Increase
CommonStockConvertibleConversionPricesIncrease
|
0.0169 | |
CY2023Q3 | vism |
Gain On Extinguishment Of Debt
GainOnExtinguishmentOfDebt
|
66765 | usd |
CY2024Q3 | vism |
Loss On Extinguishments Of Debt Related To Payoff Of Convertible Note
LossOnExtinguishmentsOfDebtRelatedToPayoffOfConvertibleNote
|
12035 | shares |
CY2024Q3 | vism |
Loss On Extinguishment Of Debt Related To Payoff Of Convertible Note
LossOnExtinguishmentOfDebtRelatedToPayoffOfConvertibleNote
|
-12035 | usd |
CY2024Q3 | vism |
Gain On Extinguishment Of Debt Related To Note Conversions
GainOnExtinguishmentOfDebtRelatedToNoteConversions
|
66765 | usd |
CY2024Q3 | vism |
Gain On Extinguishment Of Debt Amount
GainOnExtinguishmentOfDebtAmount
|
54730 | usd |
CY2024Q3 | vism |
Common Stock Convertible Conversion Prices Increase
CommonStockConvertibleConversionPricesIncrease
|
2.43 | |
CY2024Q3 | vism |
Increase Number Of Authorized Shares Description
IncreaseNumberOfAuthorizedSharesDescription
|
Common Stock from 1,000,000,000 shares to 3,000,000,000 shares | |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
3000000000 | shares |
CY2024Q3 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
242394599 | shares |
CY2024Q3 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
504925 | usd |
CY2024Q3 | vism |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Due To Repricing
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedDueToRepricing
|
5048426 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
5114576 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.023 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
CY2024Q3 | vism |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price Warrant
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePriceWarrant
|
0 | |
CY2024Q3 | vism |
Share Based Compensation Arrangements By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
5114716 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.0023 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
5114576 | shares |
CY2024Q3 | vism |
Share Based Compensations Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationsArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.023 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
5114576 | shares |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P2Y11M1D | |
CY2024Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.023 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
5114576 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.023 | |
CY2024Q3 | vism |
Gain Loss On Extinguishment Of Debt Related To Note Conversions
GainLossOnExtinguishmentOfDebtRelatedToNoteConversions
|
725059 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
361559 | usd |
CY2024Q3 | vism |
Convertiblenotespayable Write Off
ConvertiblenotespayableWriteOff
|
208500 | usd |
CY2024Q3 | vism |
Promissorynotespayable Write Off
PromissorynotespayableWriteOff
|
155000 | usd |
CY2024Q3 | vism |
Gain Loss On Extinguishment Of Debt Related To Note Conversions
GainLossOnExtinguishmentOfDebtRelatedToNoteConversions
|
725059 | usd |
CY2024Q3 | vism |
Plan Terminates Period
PlanTerminatesPeriod
|
P10Y | |
CY2024Q3 | vism |
Options To Purchase Vested Shares
OptionsToPurchaseVestedShares
|
16000000 | shares |
CY2024Q3 | vism |
Average Price Per Share Of Stock Option
AveragePricePerShareOfStockOption
|
27.00 | |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
0 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
0 | usd |
CY2024Q3 | vism |
Unrecognized Pre Tax Non Cash Compensation Expense
UnrecognizedPreTaxNonCashCompensationExpense
|
0 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
2222 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2222 | shares |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
27.00 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y7M2D | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
0 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
17850000 | shares |
CY2024Q3 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
2140529 | usd |
CY2023Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
1986279 | usd |