2023 Q2 Form 10-Q Financial Statement

#000149315223016988 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $0.00 $45.00K $68.98K
YoY Change -100.0% 4145.19% -71.75%
Cost Of Revenue $66.72K $43.99K
YoY Change 6923.05% -88.01%
Gross Profit -$21.72K $24.99K
YoY Change -19845.45% -120.37%
Gross Profit Margin -48.27% 36.23%
Selling, General & Admin $109.1K $256.4K $352.4K
YoY Change -67.12% 10.24% -72.11%
% of Gross Profit 1410.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $118.00 $3.794K $4.050K
YoY Change -97.84% 103.98% -64.25%
% of Gross Profit 16.21%
Operating Expenses $109.1K $282.4K $352.4K
YoY Change -67.12% 21.43% -72.11%
Operating Profit -$109.1K -$304.1K -$327.4K
YoY Change -66.93% 30.83% -76.38%
Interest Expense $4.715K $7.141K -$83.49K
YoY Change -166.67% -152.62% 246.0%
% of Operating Profit
Other Income/Expense, Net $26.37K -$28.11K $247.7K
YoY Change -420.99% -145.63% 40.58%
Pretax Income -$82.74K -$332.2K -$163.2K
YoY Change -74.28% 78.23% -93.87%
Income Tax $0.00
% Of Pretax Income
Net Earnings $31.04K -$332.2K -$185.8K
YoY Change -109.65% 78.22% -92.76%
Net Earnings / Revenue -738.29% -269.37%
Basic Earnings Per Share $0.00 -$0.01
Diluted Earnings Per Share $0.00 -$0.01 -$0.01
COMMON SHARES
Basic Shares Outstanding 25.55M shares 25.55M shares 25.55M shares
Diluted Shares Outstanding 25.97M shares 25.55M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $899.2K $335.3K $163.4K
YoY Change 885.24% -60.06% 103.51%
Cash & Equivalents $899.2K $335.3K $163.4K
Short-Term Investments
Other Short-Term Assets $1.055M $1.155M $128.3K
YoY Change 1200.95% 292.19% -32.27%
Inventory $823.3K $911.7K $1.535M
Prepaid Expenses $966.8K $969.8K $591.0K
Receivables $57.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.778M $2.402M $2.417M
YoY Change 62.04% 82.32% 347.93%
LONG-TERM ASSETS
Property, Plant & Equipment $1.207K $381.0K $281.3K
YoY Change -98.5% -51.35% 204.57%
Goodwill
YoY Change
Intangibles $5.822K
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $2.718M $25.14K $27.21K
YoY Change 8264.5% -29.93% -30.14%
Total Long-Term Assets $5.719K $820.8K $774.2K
YoY Change -99.25% 0.22% -15.15%
TOTAL ASSETS
Total Short-Term Assets $2.778M $2.402M $2.417M
Total Long-Term Assets $5.719K $820.8K $774.2K
Total Assets $5.502M $3.223M $3.192M
YoY Change 121.98% 50.85% 119.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.01K $172.8K $725.3K
YoY Change -94.57% 979.05% 3665.07%
Accrued Expenses $1.390K $203.6K $83.01K
YoY Change -98.0% -23.81% 76.56%
Deferred Revenue $2.356M $2.025M $1.108M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.794M $4.226M $3.865M
YoY Change 4.54% 124.56% 272.01%
LONG-TERM LIABILITIES
Long-Term Debt $633.2K $87.50K $87.50K
YoY Change 623.66% 0.0% 0.0%
Other Long-Term Liabilities $2.310M $279.7K $275.0K
YoY Change 736.26% -29.2% -34.97%
Total Long-Term Liabilities $633.2K $367.2K $362.5K
YoY Change 74.11% -23.9% -28.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.794M $4.226M $3.865M
Total Long-Term Liabilities $633.2K $367.2K $362.5K
Total Liabilities $5.737M $4.593M $4.228M
YoY Change 88.95% 102.98% 172.85%
SHAREHOLDERS EQUITY
Retained Earnings -$5.111M -$5.142M -$4.810M
YoY Change 17.79% 24.43%
Common Stock $26.66K $25.55K $25.55K
YoY Change 4.35% -0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$234.5K -$1.370M -$1.036M
YoY Change
Total Liabilities & Shareholders Equity $5.502M $3.223M $3.192M
YoY Change 121.98% 50.85% 119.79%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $31.04K -$332.2K -$185.8K
YoY Change -109.65% 78.22% -92.76%
Depreciation, Depletion And Amortization $118.00 $3.794K $4.050K
YoY Change -97.84% 103.98% -64.25%
Cash From Operating Activities $1.213M -$74.42K $75.83K
YoY Change -339.46% -111.33% -27.96%
INVESTING ACTIVITIES
Capital Expenditures -$76.94K $76.94K $99.53K
YoY Change 67.33% -250.26%
Acquisitions
YoY Change
Other Investing Activities -$75.97K $0.00 -$2.310K
YoY Change 312.88% -100.0% -98.22%
Cash From Investing Activities $970.00 -$76.94K -$101.8K
YoY Change -101.51% -163.17% -48.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -576.0K $322.8K 160.1K
YoY Change 199.68% -1399.57% 28.38%
NET CHANGE
Cash From Operating Activities 1.213M -$74.42K 75.83K
Cash From Investing Activities 970.0 -$76.94K -101.8K
Cash From Financing Activities -576.0K $322.8K 160.1K
Net Change In Cash 638.0K $171.8K 134.1K
YoY Change -183.6% -77.2% 298.6%
FREE CASH FLOW
Cash From Operating Activities $1.213M -$74.42K $75.83K
Capital Expenditures -$76.94K $76.94K $99.53K
Free Cash Flow $1.290M -$151.4K -$23.70K
YoY Change -380.07% -123.05% -113.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001703073
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
usd
CY2023Q1 us-gaap Other Liability Current Related And Nonrelated Party Status Extensible Enumeration
OtherLiabilityCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2022Q4 us-gaap Other Liability Current Related And Nonrelated Party Status Extensible Enumeration
OtherLiabilityCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
usd
CY2022Q1 us-gaap Inventory Recall Expense
InventoryRecallExpense
usd
CY2023Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
usd
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
usd
CY2022Q1 VIVC Stock Issued During Period Value Cancellation Of Shares
StockIssuedDuringPeriodValueCancellationOfShares
usd
CY2023Q1 VIVC Stock Issued During Period Value Cancellation Of Shares
StockIssuedDuringPeriodValueCancellationOfShares
usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2023Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
usd
CY2023Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
usd
CY2022Q1 us-gaap Inventory Recall Expense
InventoryRecallExpense
usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2023Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
usd
CY2023Q1 VIVC Proceeds From Disposal Of Subsidiary
ProceedsFromDisposalOfSubsidiary
usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2023Q1 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
usd
CY2022Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2023Q1 us-gaap Stock Issued1
StockIssued1
usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
usd
CY2022Q4 VIVC Accrued Penalty
AccruedPenalty
usd
CY2022Q4 VIVC Accrued Consulting Fee
AccruedConsultingFee
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
000-56198
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
VIVIC CORP.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1353606
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
187 E Warm Springs Road
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Las Vegas
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NV
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
89119
CY2023Q1 dei City Area Code
CityAreaCode
702
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
899 0818
CY2023Q1 dei Security12g Title
Security12gTitle
Common Stock, $0.001 Par Value
CY2023Q1 dei Trading Symbol
TradingSymbol
VIVC
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
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
25546810 shares
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
335253 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
163439 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
57 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
969762 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
590989 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
911696 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1534602 usd
CY2023Q1 us-gaap Other Receivables
OtherReceivables
185642 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
128327 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
2402353 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2417414 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
380953 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281288 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5180 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5822 usd
CY2023Q1 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
78507 usd
CY2022Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
103631 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
331014 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
356233 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
25142 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
27209 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
820796 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
774183 usd
CY2023Q1 us-gaap Assets
Assets
3223149 usd
CY2022Q4 us-gaap Assets
Assets
3191597 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
172756 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
725340 usd
CY2023Q1 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
289119 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
620807 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2025040 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1108078 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1448605 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1287211 usd
CY2023Q1 us-gaap Loans Payable Current
LoansPayableCurrent
164042 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
125969 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
123858 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
4225530 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3865294 usd
CY2023Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
87500 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
87500 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
279711 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
275025 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
367211 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
362525 usd
CY2023Q1 us-gaap Liabilities
Liabilities
4592741 usd
CY2022Q4 us-gaap Liabilities
Liabilities
4227819 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
832 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
832 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25546810 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25546810 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
25547 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
25547 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3746177 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3746177 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-78 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1068 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5142070 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4809846 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1369592 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1036222 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3223149 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3191597 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
44999 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1058 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
66719 usd
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
950 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
-21720 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
108 usd
CY2023Q1 us-gaap Selling Expense
SellingExpense
50869 usd
CY2022Q1 us-gaap Selling Expense
SellingExpense
53043 usd
CY2023Q1 us-gaap Inventory Recall Expense
InventoryRecallExpense
26012 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
205510 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
179512 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
282391 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
232555 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-304111 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-232447 usd
CY2022Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
61578 usd
CY2022Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
132 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
7141 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
13702 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-20972 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
35 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28113 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
46043 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-332224 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-186404 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-332224 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-186413 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-11249 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-332224 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-175164 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1146 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4185 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-333370 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-170979 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25546810 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25557254 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-97391 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
52000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4185 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-186413 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-227619 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1036222 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1036222 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1146 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-332224 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1369592 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1369592 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-332224 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-186413 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4425 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1858 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11125 usd
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
5742 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
60605 usd
CY2023Q1 us-gaap Inventory Recall Expense
InventoryRecallExpense
26012 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
26853 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
27246 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-57 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
375673 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
112789 usd
CY2023Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
56973 usd
CY2022Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-101552 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-605836 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18762 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-2192 usd
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
24178 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
913116 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
932936 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-557766 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3255 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-335374 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-18126 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
5097 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1714 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-74421 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
656615 usd
CY2022Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
47310 usd
CY2022Q1 VIVC Proceeds From Disposal Of Subsidiary
ProceedsFromDisposalOfSubsidiary
169106 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76941 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76941 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
121796 usd
CY2022Q1 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-74840 usd
CY2023Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
158303 usd
CY2023Q1 VIVC Proceeds From Third Party Loans
ProceedsFromThirdPartyLoans
164509 usd
CY2022Q1 VIVC Proceeds From Third Party Loans
ProceedsFromThirdPartyLoans
50000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
322812 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-24840 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
364 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5543 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
171814 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
759114 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
163439 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
80306 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
335253 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
839420 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
3492 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
95 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9 usd
CY2022Q1 us-gaap Stock Issued1
StockIssued1
52000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_zywhOWKJ8wx9" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zNI3BI9aGOP5">Use of estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><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; text-align: justify">Preparing these unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires the Company’s 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 unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the periods reported. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Such estimates may be subject to change as more current information becomes available. Actual results may differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
855 usd
CY2023Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2023Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_845_eus-gaap--ConcentrationRiskCreditRisk_zgjOBrizJuL8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_860_zAYgemo1jUFb">Concentrations and credit risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s principal financial instruments subject to potential concentration of credit risk are cash and cash equivalents, including amounts held in money market accounts. The Company places cash deposits with a federally insured financial institution. The Company maintains its cash at banks and financial institutions it considers to be of high credit quality; however, the Company’s domestic cash deposits may at times exceed the insured limit. Balances in excess of insured limitations may not be insured. The Company has not experienced losses on these accounts, and management believes that the Company is not exposed to significant risks on such accounts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84A_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zYMk7G0Y8CG7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_867_zXVJ8COS24Td">Reclassification</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior period accounts have been reclassified in conformity with current period’s presentation including reclassification of due to related party from other payables. These reclassifications had no impact on the reported results of operations and cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
335253 usd
CY2023Q1 VIVC Working Capital Deficit
WorkingCapitalDeficit
1823177 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-332224 usd
CY2021 us-gaap Principal Investment Gains Losses
PrincipalInvestmentGainsLosses
61474 usd
CY2022Q1 us-gaap Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates
ProceedsFromDivestitureOfInterestInSubsidiariesAndAffiliates
160499 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
411479 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
307914 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30526 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26626 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
380953 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281288 usd
CY2023Q1 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
78507 usd
CY2022Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
103631 usd
CY2023Q1 VIVC Property Plant And Equipment Net Total
PropertyPlantAndEquipmentNetTotal
459460 usd
CY2022Q4 VIVC Property Plant And Equipment Net Total
PropertyPlantAndEquipmentNetTotal
384919 usd
CY2023Q1 us-gaap Depreciation
Depreciation
3794 usd
CY2022Q1 us-gaap Depreciation
Depreciation
1858 usd
CY2023Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
1470000
CY2023Q1 us-gaap Public Utilities Allowance For Funds Used During Construction Additions
PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions
214000 usd
CY2023Q1 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
35399 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7485 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7485 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2305 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1663 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5180 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5822 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
631 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
275025 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
405680 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
398883 usd
CY2023Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
22289 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
31937 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
34896 usd
CY2023Q1 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
851596 usd
CY2022Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
218851 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
156733 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1341525 usd
CY2023Q1 us-gaap Inventory Gross
InventoryGross
1030618 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
1627209 usd
CY2023Q1 us-gaap Inventory Adjustments
InventoryAdjustments
118922 usd
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
92607 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
911696 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1534602 usd
CY2023Q1 VIVC Accrued Penalty
AccruedPenalty
60000 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
77644 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
83013 usd
CY2023Q1 VIVC Accrued Consulting Fee
AccruedConsultingFee
75000 usd
CY2023Q1 VIVC Accrued Other Payables
AccruedOtherPayables
76475 usd
CY2022Q4 VIVC Accrued Other Payables
AccruedOtherPayables
537794 usd
CY2023Q1 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
289119 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
620807 usd
CY2023Q1 VIVC Accrued Penalty
AccruedPenalty
60000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
331014 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
356233 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
125969 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
123858 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
279711 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
125969 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
135053 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
144658 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
405680 usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
162391 usd
CY2023Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
82836 shares
CY2020Q2 VIVC Economic Injury Disaster Loan
EconomicInjuryDisasterLoan
87500 usd
CY2020Q2 VIVC Annual Rate Interest
AnnualRateInterest
0.0375 pure
CY2020Q2 VIVC Principal And Interest
PrincipalAndInterest
427 usd
CY2023Q1 VIVC Repayment Of Interest
RepaymentOfInterest
1708 usd
CY2022Q1 VIVC Repayment Of Interest
RepaymentOfInterest
0 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
5124 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5124 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5124 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5124 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
5124 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
61880 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
87500 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25546810 shares
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2022Q1 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
50000 shares
CY2022Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
50000 usd
CY2022Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
1.00
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
60000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25546810 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25546810 shares
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-332224 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-175164 usd
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25557254 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2023Q1 us-gaap Other Liabilities
OtherLiabilities
1448605 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
1287211 usd

Files In Submission

Name View Source Status
vivc-20230331_def.xml Edgar Link unprocessable
vivc-20230331_cal.xml Edgar Link unprocessable
0001493152-23-016988-index-headers.html Edgar Link pending
0001493152-23-016988-index.html Edgar Link pending
0001493152-23-016988.txt Edgar Link pending
0001493152-23-016988-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
MetaLinks.json Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
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
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.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
vivc-20230331.xsd Edgar Link pending
vivc-20230331_lab.xml Edgar Link unprocessable
vivc-20230331_pre.xml Edgar Link unprocessable