2022 Q4 Form 10-Q Financial Statement

#000154972722000093 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $68.98K $25.48K $162.7K
YoY Change -71.75% -84.34% 276.43%
Cost Of Revenue $43.99K $28.81K $46.05K
YoY Change -88.01% -37.44% 1089.92%
Gross Profit $24.99K -$3.332K $116.7K
YoY Change -120.37% -102.86% 196.44%
Gross Profit Margin 36.23% -13.08% 71.7%
Selling, General & Admin $352.4K $283.0K $445.1K
YoY Change -72.11% -36.41% 30.35%
% of Gross Profit 1410.08% 381.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.050K $3.803K $11.06K
YoY Change -64.25% -65.61% 16.42%
% of Gross Profit 16.21% 9.48%
Operating Expenses $352.4K $283.0K $445.1K
YoY Change -72.11% -36.41% 30.35%
Operating Profit -$327.4K -$286.3K -$328.4K
YoY Change -76.38% -12.81% 8.71%
Interest Expense -$83.49K $819.00 -$110.00
YoY Change 246.0% -844.55% -64.52%
% of Operating Profit
Other Income/Expense, Net $247.7K $1.965K $1.240K
YoY Change 40.58% 58.47% 1450.0%
Pretax Income -$163.2K -$288.3K -$416.9K
YoY Change -93.87% -30.84% 37.9%
Income Tax $0.00 $460.00
% Of Pretax Income
Net Earnings -$185.8K -$288.3K -$382.7K
YoY Change -92.76% -24.67% 30.65%
Net Earnings / Revenue -269.37% -1131.57% -235.19%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$0.01 -$11.16K -$15.05K
COMMON SHARES
Basic Shares Outstanding 25.55M shares 25.55M shares
Diluted Shares Outstanding 25.55M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $163.4K $57.82K $61.37K
YoY Change 103.51% -5.78% -77.79%
Cash & Equivalents $163.4K $57.82K $49.02K
Short-Term Investments
Other Short-Term Assets $128.3K $112.9K $394.6K
YoY Change -32.27% -71.4% 129.19%
Inventory $1.535M $1.461M $160.2K
Prepaid Expenses $591.0K $249.6K
Receivables $57.00 $1.740K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.417M $1.881M $457.7K
YoY Change 347.93% 310.95% -28.2%
LONG-TERM ASSETS
Property, Plant & Equipment $281.3K $72.46K $380.4K
YoY Change 204.57% -80.95% 54.61%
Goodwill
YoY Change
Intangibles $5.822K $6.237K
YoY Change
Long-Term Investments $0.00 $0.00 $66.02K
YoY Change -100.0% -100.0%
Other Assets $27.21K $28.49K $42.54K
YoY Change -30.14% -33.02%
Total Long-Term Assets $774.2K $687.5K $380.4K
YoY Change -15.15% 80.73% 54.6%
TOTAL ASSETS
Total Short-Term Assets $2.417M $1.881M $457.7K
Total Long-Term Assets $774.2K $687.5K $380.4K
Total Assets $3.192M $2.568M $838.1K
YoY Change 119.79% 206.45% -5.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $725.3K $625.4K $82.24K
YoY Change 3665.07% 660.42% 451.58%
Accrued Expenses $83.01K $93.09K $25.20K
YoY Change 76.56% 269.4% -76.43%
Deferred Revenue $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 $3.865M $3.047M $1.282M
YoY Change 272.01% 137.55% 280.39%
LONG-TERM LIABILITIES
Long-Term Debt $87.50K $87.50K $87.50K
YoY Change 0.0% 0.0% -6.11%
Other Long-Term Liabilities $275.0K $263.4K $0.00
YoY Change -34.97%
Total Long-Term Liabilities $362.5K $350.9K $87.50K
YoY Change -28.98% 300.97% -6.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.865M $3.047M $1.282M
Total Long-Term Liabilities $362.5K $350.9K $87.50K
Total Liabilities $4.228M $3.397M $978.0K
YoY Change 172.85% 247.39% 86.9%
SHAREHOLDERS EQUITY
Retained Earnings -$4.810M -$4.624M
YoY Change 24.43%
Common Stock $25.55K $25.55K
YoY Change -0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.036M -$829.0K -$139.9K
YoY Change
Total Liabilities & Shareholders Equity $3.192M $2.568M $838.1K
YoY Change 119.79% 206.45% -5.14%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$185.8K -$288.3K -$382.7K
YoY Change -92.76% -24.67% 30.65%
Depreciation, Depletion And Amortization $4.050K $3.803K $11.06K
YoY Change -64.25% -65.61% 16.42%
Cash From Operating Activities $75.83K -$222.7K -$94.17K
YoY Change -27.96% 136.46% -82.75%
INVESTING ACTIVITIES
Capital Expenditures $99.53K $2.690K -$145.0K
YoY Change -250.26% -101.86%
Acquisitions
YoY Change
Other Investing Activities -$2.310K -$1.580K $3.970K
YoY Change -98.22% -139.8%
Cash From Investing Activities -$101.8K $1.100K -$141.0K
YoY Change -48.14% -100.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 160.1K 155.8K 148.2K
YoY Change 28.38% 5.14% -76.25%
NET CHANGE
Cash From Operating Activities 75.83K -222.7K -94.17K
Cash From Investing Activities -101.8K 1.100K -141.0K
Cash From Financing Activities 160.1K 155.8K 148.2K
Net Change In Cash 134.1K -65.74K -86.95K
YoY Change 298.6% -24.39% -211.23%
FREE CASH FLOW
Cash From Operating Activities $75.83K -$222.7K -$94.17K
Capital Expenditures $99.53K $2.690K -$145.0K
Free Cash Flow -$23.70K -$225.4K $50.79K
YoY Change -113.82% -543.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001703073
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
usd
CY2022Q3 us-gaap Long Term Investments
LongTermInvestments
usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
usd
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
usd
CY2022Q3 us-gaap Minority Interest
MinorityInterest
usd
CY2022Q3 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
usd
CY2022Q3 vivc Loss On Loan Settlement
LossOnLoanSettlement
usd
CY2022Q3 vivc Exchange Gain Net
ExchangeGainNet
usd
vivc Exchange Gain Net
ExchangeGainNet
usd
vivc Exchange Gain Net
ExchangeGainNet
usd
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
usd
CY2022Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
usd
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
usd
CY2022Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
usd
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
333-219148
dei Entity Registrant Name
EntityRegistrantName
VIVIC CORP.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1353606
dei Entity Address Address Line1
EntityAddressAddressLine1
187 E Warm Springs Rd., PMB#B450
dei Entity Address City Or Town
EntityAddressCityOrTown
Las Vegas
dei Entity Address State Or Province
EntityAddressStateOrProvince
NV
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
89119
dei City Area Code
CityAreaCode
702
dei Local Phone Number
LocalPhoneNumber
899-0818
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25546810 shares
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57817 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80306 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
928 usd
CY2022Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
249550 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
105011 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
1460638 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
163975 usd
CY2022Q3 us-gaap Other Assets Current
OtherAssetsCurrent
112853 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
189468 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
1880858 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
539688 usd
CY2021Q4 us-gaap Long Term Investments
LongTermInvestments
61191 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
72464 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
92357 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6237 usd
CY2022Q3 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
209012 usd
CY2021Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
185667 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
371327 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
534231 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
28493 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
38950 usd
CY2022Q3 us-gaap Assets
Assets
2568391 usd
CY2021Q4 us-gaap Assets
Assets
1452084 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
625368 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
19265 usd
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
480232 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
203847 usd
CY2022Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
358520 usd
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
469748 usd
CY2022Q3 us-gaap Deferred Revenue
DeferredRevenue
1463833 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
204442 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
118600 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
141725 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
3046553 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1039027 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
263349 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
422948 usd
CY2022Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
87500 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
87500 usd
CY2022Q3 us-gaap Liabilities
Liabilities
3397402 usd
CY2021Q4 us-gaap Liabilities
Liabilities
1549475 usd
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
832 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
832 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25546810 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25556810 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25556810 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
25547 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
25557 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3745463 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3821709 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
23185 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
10347 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4624038 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3865450 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-829011 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-7005 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
-90386 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-829011 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-97391 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2568391 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1452084 usd
CY2022Q3 us-gaap Revenues
Revenues
25479 usd
CY2021Q3 us-gaap Revenues
Revenues
109957 usd
us-gaap Revenues
Revenues
37347 usd
us-gaap Revenues
Revenues
178931 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
28811 usd
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
42850 usd
us-gaap Cost Of Revenue
CostOfRevenue
38701 usd
us-gaap Cost Of Revenue
CostOfRevenue
282437 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
-3332 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
67107 usd
us-gaap Gross Profit
GrossProfit
-1354 usd
us-gaap Gross Profit
GrossProfit
-103506 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
283016 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
321310 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
847387 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
763397 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
283016 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
321310 usd
us-gaap Operating Expenses
OperatingExpenses
847387 usd
us-gaap Operating Expenses
OperatingExpenses
763397 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-286348 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-254203 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-848741 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-866903 usd
CY2021Q3 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
89559 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
89559 usd
CY2022Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1130 usd
CY2021Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-22190 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
59206 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-54676 usd
CY2022Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
26 usd
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
56 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
377 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
245 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
819 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
8714 usd
us-gaap Interest Expense
InterestExpense
7449 usd
us-gaap Interest Expense
InterestExpense
16057 usd
CY2022Q3 us-gaap Other Income
OtherIncome
-42 usd
CY2021Q3 us-gaap Other Income
OtherIncome
170658 usd
us-gaap Other Income
OtherIncome
2158 usd
us-gaap Other Income
OtherIncome
175264 usd
CY2021Q3 vivc Loss On Loan Settlement
LossOnLoanSettlement
170355 usd
vivc Loss On Loan Settlement
LossOnLoanSettlement
2000 usd
vivc Loss On Loan Settlement
LossOnLoanSettlement
1340664 usd
CY2022Q3 us-gaap Other Expenses
OtherExpenses
1965 usd
CY2021Q3 us-gaap Other Expenses
OtherExpenses
120104 usd
us-gaap Other Expenses
OtherExpenses
-52292 usd
us-gaap Other Expenses
OtherExpenses
1325447 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-288313 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-374307 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-796449 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2192350 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
459 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
459 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-288313 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-374766 usd
us-gaap Net Income Loss
NetIncomeLoss
-796458 usd
us-gaap Net Income Loss
NetIncomeLoss
-2192809 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3312 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-14384 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-37870 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-82949 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-285001 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-360382 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-758588 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2109860 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
16771 usd
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-49 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
12838 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2840 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-268230 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-360431 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-745750 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2107020 usd
CY2022Q3 vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.01
CY2021Q3 vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.01
vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.03
vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.09
CY2022Q3 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25546810 shares
CY2021Q3 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25496209 shares
vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25550253 shares
vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25132189 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-97391 usd
CY2022Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
52000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4185 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-186413 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-227619 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-8118 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-321732 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-557469 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
16771 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-288313 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-829011 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
148010 usd
CY2021Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
1125331 usd
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5488 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-897307 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
370546 usd
CY2021Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
972065 usd
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
8377 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-920736 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
430252 usd
CY2021Q3 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
325223 usd
CY2021Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
-17777 usd
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-49 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-374766 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
362883 usd
us-gaap Net Income Loss
NetIncomeLoss
-796458 usd
us-gaap Net Income Loss
NetIncomeLoss
-2192809 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12203 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
34917 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
121082 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
43030 usd
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
3922 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
7449 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
16057 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-59206 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
54676 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
89559 usd
vivc Loss On Loan Settlement
LossOnLoanSettlement
2000 usd
vivc Loss On Loan Settlement
LossOnLoanSettlement
1340664 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1642 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
76615 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-50686 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-147568 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-22307 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1296663 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-160159 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
10457 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-85570 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1259391 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
71285 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
606103 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
59008 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
257946 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
89540 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-25000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-129912 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-73424 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-72639 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-812861 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
54526 usd
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
120698 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-163578 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7236 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
58523 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-383447 usd
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-111228 usd
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-341019 usd
us-gaap Proceeds From Loans
ProceedsFromLoans
50000 usd
us-gaap Proceeds From Loans
ProceedsFromLoans
1081955 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-61228 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
740936 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
52855 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
208 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-22489 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-455164 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80306 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
504179 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57817 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
49015 usd
us-gaap Interest Paid Net
InterestPaidNet
66 usd
us-gaap Interest Paid Net
InterestPaidNet
673 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
459 usd
vivc Conversion Of Debt To Common Stock To Be Issued
ConversionOfDebtToCommonStockToBeIssued
52000 usd
vivc Conversion Of Debt To Common Stock To Be Issued
ConversionOfDebtToCommonStockToBeIssued
2422619 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
657 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_zH5Jx2Np2vqh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0"/><td style="width: 0.3in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_862_zxGgZzcmCat3">Use of estimates</span></span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In preparing these unaudited condensed consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates.</span></p>
vivc Trade And Other Accounts Receivable Policy.
TradeAndOtherAccountsReceivablePolicy.
<p id="xdx_847_ecustom--TradeAndOtherAccountsReceivablePolicy._zmKCS2As3eC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0"/><td style="width: 0.3in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_868_zF32Rjt8X2K7">Accounts receivable</span></span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable are recorded at the invoiced amount and do not bear interest, which are due within contractual payment terms, generally 30 to 90 days from completion of service. Credit is extended based on evaluation of a customer’s financial condition, the customer credit-worthiness and their payment history. Accounts receivable outstanding longer than the contractual payment terms are considered past due. Past due balances over 90 days and over a specified amount are reviewed individually for collectability. At the end of fiscal year, the Company specifically evaluates individual customer’s financial condition, credit history, and the current economic conditions to monitor the progress of the collection of accounts receivables. The Company will consider the allowance for doubtful accounts for any estimated losses resulting from the inability of its customers to make required payments. For the receivables that are past due or not being paid according to payment terms, the appropriate actions are taken to exhaust all means of collection, including seeking legal resolution in a court of law. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance-sheet credit exposure related to its customers. As of September 30, 2022 and December 31, 2021, the Company recorded $829 and $0 allowance for doubtful accounts, respectively.</span></p>
vivc Disclosure Summary Of Significant Accounting Policies Details Abstract
DisclosureSummaryOfSignificantAccountingPoliciesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_882_ecustom--DisclosureSummaryOfSignificantAccountingPoliciesDetailsAbstract_z05XO8fPH4vb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 70%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt"> </td><td style="padding-bottom: 1pt"> </td> <td id="xdx_48C_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dt_zehsfJ4n94F8" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center; padding-left: 1.4pt">Expected useful life</td></tr> <tr id="xdx_41C_20220101__20220930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ServiceYachtMember_zz4FyuJVMgbf" style="vertical-align: bottom"> <td style="width: 55%; text-align: justify; padding-left: 1.4pt">Service yacht</td><td style="width: 3%"> </td> <td style="width: 12%; text-align: center; padding-left: 1.4pt">10 years</td></tr> <tr id="xdx_418_20220101__20220930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zzb54xZFx9cc" style="vertical-align: bottom"> <td style="text-align: justify; padding-left: 1.4pt">Motor vehicle</td><td> </td> <td style="text-align: center; padding-left: 1.4pt">5 years</td></tr> <tr id="xdx_41E_20220101__20220930__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zTYbEN6v5YUa" style="vertical-align: bottom"> <td style="text-align: justify; padding-left: 1.4pt">Office equipment</td><td> </td> <td style="text-align: center; padding-left: 1.4pt">5 years</td></tr> </table>
vivc Disclosure Summary Of Significant Accounting Policies Details2 Abstract
DisclosureSummaryOfSignificantAccountingPoliciesDetails2Abstract
<table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureSummaryOfSignificantAccountingPoliciesDetails2Abstract_zZAaeY5PK0v4" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20220930_z2H9KTf0gpN6" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20211231_zpBuG8AySjpe" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40E_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_hus-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--PeriodEndRMBUSExchangeRateMember_zWnUPlu3HNi1" style="vertical-align: bottom"> <td style="text-align: left; padding-left: 1.4pt; width: 64%">Period/year-end RMB:US$ exchange rate</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">7.1128</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">6.3588</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_hus-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--PeriodAverageRMBUSExchangeRateMember_zsW53gty1mbj" style="vertical-align: bottom"> <td style="text-align: left; padding-left: 1.4pt">Period/annual average RMB:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.6023</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.4499</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_hus-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--PeriodEndHKUSExchangeRateMember_z3irEWgo6YEe" style="vertical-align: bottom"> <td style="text-align: left; padding-left: 1.4pt">Period/year-end HK$:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7.8499</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7.7971</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_hus-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--PeriodAverageHKUSExchangeRateMember_zxyzYR29gYxc" style="vertical-align: bottom"> <td style="text-align: left; padding-left: 1.4pt">Period/annual average HK$:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7.8332</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7.7723</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_hus-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--PeriodEndTWDUSExchangeRateMember_zuUQJsAG4Hy1" style="vertical-align: bottom"> <td style="text-align: left; padding-left: 1.4pt">Period/year-end TWD:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">31.7843</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">27.6879</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--ForeignCurrencyExchangeRateTranslation1_iI_hus-gaap--IntercompanyForeignCurrencyBalanceByDescriptionAxis__custom--PeriodAverageTWDUSExchangeRateMember_z8PuaZH9P5Q9" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 1.4pt">Period/annual average TWD:US$ exchange rate</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">29.2791</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">27.9194</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84A_eus-gaap--ConcentrationRiskCreditRisk_zQrWYK4ztlni" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0"/><td style="width: 0.3in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zVepRePPgSM7">Concentrations and credit risk</span></span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; 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 0; 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 Federal Deposit Insurance Corporation’s insured limit. Balances in excess of federally 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>
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57817 usd
CY2022Q3 vivc Working Capital Deficit
WorkingCapitalDeficit
1165695 usd
us-gaap Net Income Loss
NetIncomeLoss
-796458 usd
us-gaap Finance Lease Impairment Loss
FinanceLeaseImpairmentLoss
59206 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1084 usd
vivc Disclosure Property Plant And Equipment Details Abstract
DisclosurePropertyPlantAndEquipmentDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosurePropertyPlantAndEquipmentDetailsAbstract_zQ2VKlVNk1V3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49C_20220930_zfDrTVTpZ9e" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20211231_zAzRH21aDNV7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zWdSV1iQQ5Ua" style="vertical-align: bottom"> <td style="width: 64%; text-align: justify; padding-left: 1.4pt">Leasehold improvements</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">35,413</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">39,316</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_z4Z3e3auJpQc" style="vertical-align: bottom"> <td style="text-align: justify; padding-left: 1.4pt">Motor vehicle</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">51,417</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">57,514</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zGADen3R7ot8" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt">Office equipment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">8,021</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">9,048</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--PropertyPlantAndEquipmentGross_iI_maPPAENzp4y_zd4OMasTpjjl" style="vertical-align: bottom"> <td style="text-align: justify; padding-left: 1.4pt"><span style="display: none">Property Plant and Equipment, Gross</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">94,851</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">105,878</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_iNI_pp0p0_di_msPPAENzp4y_znT2OCH7Gpf1" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt">Less: accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(22,387</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(13,521</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentNet_iTI_pp0p0_mtPPAENzp4y_z8Eo52KUo5Bi" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt">Property and equipment, net</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">72,464</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">92,357</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt">Construction in process</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">209,012</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">185,667</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 1.4pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">281,476</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">278,024</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
94851 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
105878 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22387 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13521 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
72464 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
92357 usd
CY2022Q3 us-gaap Depreciation
Depreciation
3803 usd
CY2021Q1 us-gaap Depreciation
Depreciation
20940 usd
us-gaap Depreciation
Depreciation
11119 usd
us-gaap Depreciation
Depreciation
43030 usd
vivc Disclosure Intangible Assets Details Abstract
DisclosureIntangibleAssetsDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_88D_ecustom--DisclosureIntangibleAssetsDetailsAbstract_zbmtgJkJXk18" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - INTANGIBLE ASSETS (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_498_20220930_zIGotIWe40d5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_496_20211231_zgMG7BZkCqB1" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_40F_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_hus-gaap--FiniteLivedIntangibleAssetsByMajorClassAxis__us-gaap--ComputerSoftwareIntangibleAssetMember_zLEkdWK64Ylf" style="vertical-align: bottom"> <td style="width: 64%; text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt">Software</td><td style="width: 3%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 8%; text-align: right">7,236</td><td style="white-space: nowrap; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 3%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 8%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0783">-</span></td><td style="white-space: nowrap; width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--FiniteLivedIntangibleAssetsGross_iI_maIANEGz8ad_zCj0QSbeF6p8" style="vertical-align: bottom"> <td style="text-align: justify; padding-left: 1.4pt">Total intangible assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,236</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0786">-</span></td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--FiniteLivedIntangibleAssetsAccumulatedAmortization_iI_msIANEGz8ad_zRXoDFcWetf" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; padding-left: 1.4pt">Less: accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(999</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0789">-</span></td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--IntangibleAssetsNetExcludingGoodwill_iTI_mtIANEGz8ad_zUQFkI25fi9i" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 1.4pt">Intangible assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,237</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0792">-</span></td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7236 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-999 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6237 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
vivc Disclosure Deposits And Prepayments Details Abstract
DisclosureDepositsAndPrepaymentsDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureDepositsAndPrepaymentsDetailsAbstract_zA94OSm5h51c" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - DEPOSITS AND PREPAYMENTS (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20220930_z4ZVFRwpcm2b" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20211231_zKRLFVGVgahi" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_40A_eus-gaap--PrepaidExpenseAndOtherAssets_iI_pp0p0_maCzxGo_z2aT2J470h7h" style="vertical-align: bottom"> <td style="width: 64%; text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Prepayments <span id="xdx_F4E_z8203rUS0097">(a)</span></td><td style="width: 3%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 8%; text-align: right">249,550</td><td style="white-space: nowrap; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 3%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 8%; text-align: right">105,011</td><td style="white-space: nowrap; width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--PrepaidExpenseCurrent_iTI_mtCzxGo_zE7KGYG2kG89" style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt"><span style="display: none">Deposits and Prepayment, net</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">249,550</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">105,011</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0"/><td style="width: 0.3in; text-align: left"><span id="xdx_F0A_zmGjAYnXtHpj" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</span></td><td style="text-align: justify"><span id="xdx_F18_zacJQmX8kaIh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayments comprise of advance payments for material purchase, ship design, consulting and other services. The amount will be recognized as expenses in next twelve months.</span></td> </tr></table>
CY2022Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
249550 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
105011 usd
CY2022Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
249550 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
105011 usd
vivc Disclosure Inventory Details Abstract
DisclosureInventoryDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureInventoryDetailsAbstract_z6TZcj5EjHV6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - INVENTORY (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49F_20220930_zO6aeffZN88a" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49B_20211231_zgAQX7tClmhd" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_407_eus-gaap--InventoryRawMaterialsAndSupplies_iI_maINz4Li_z3g2TOepgpM2" style="vertical-align: bottom"> <td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Raw materials</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0819">-</span></td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0820">-</span></td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--InventoryWorkInProcess_iI_maINz4Li_zmqbr0p18Tt2" style="vertical-align: bottom"> <td style="width: 64%; text-indent: -5.65pt; padding-left: 5.65pt">Work-in-progress</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">233,651</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 8%; text-align: right">106,723</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--InventoryFinishedGoods_iI_maINz4Li_zlz45ZqI4c8j" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Finished goods</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,226,987</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">57,252</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--InventoryNet_iTI_mtINz4Li_zfTWZArc2h9l" style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt"><span style="display: none">Inventory</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,460,638</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">163,975</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
233651 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
106723 usd
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1226987 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
57252 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
1460638 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
163975 usd
vivc Disclosure Accrued Liabilities And Other Payable Details Abstract
DisclosureAccruedLiabilitiesAndOtherPayableDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureAccruedLiabilitiesAndOtherPayableDetailsAbstract_z6zC0ZHERSj2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - ACCRUED LIABILITIES AND OTHER PAYABLE (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_492_20220930_zpE0DXOwYbyl" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_494_20211231_z121uxbeoGUg" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_403_eus-gaap--AccruedLiabilitiesCurrent_iI_maCz2kR_zMBk6qTqIG7k" style="vertical-align: bottom"> <td style="width: 64%; text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Accrued expenses</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">93,088</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">47,018</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OtherLiabilitiesCurrent_iI_pp0p0_maCz2kR_zJfYMBAe0d7j" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Other payable <span id="xdx_F49_zzcsbSdNefX9"> </span></td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">387,144</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">156,829</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--AccountsPayableAndOtherAccruedLiabilitiesCurrent_iTI_mtCz2kR_zJCkEWKLu7k6" style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt"><span style="display: none">Accrued liabilities and other payable</span></td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">480,232</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">203,847</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p>
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
93088 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
47018 usd
CY2022Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
387144 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
156829 usd
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
480232 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
203847 usd
vivc Disclosure Leases Details Abstract
DisclosureLeasesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_88B_ecustom--DisclosureLeasesDetailsAbstract_zj4So5YzWwee" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20220930_z8fwzl9wjFQ4" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">September 30, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49A_20211231_zeTtmunK2gL8" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeaseRightOfUseAsset_iI_zyKXl5HwFWM4" style="vertical-align: bottom"> <td style="width: 74%; text-align: left; padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Right of use assets</td><td style="width: 3%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 8%; text-align: right">371,327</td><td style="white-space: nowrap; width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 3%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; width: 8%; text-align: right">534,231</td><td style="white-space: nowrap; width: 1%; padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--FinanceLeaseLiabilityCurrent_iI_maCzusO_zHDSSL17A1ja" style="vertical-align: bottom"> <td style="text-align: left; text-indent: -5.65pt; padding-left: 5.65pt">Current portion</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">118,600</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">141,725</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--FinanceLeaseLiabilityNoncurrent_iI_maCzusO_zgtmGSuyEtkf" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -5.65pt; padding-left: 5.65pt">Non-current portion</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">263,349</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">422,948</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-indent: -5.65pt; padding-left: 5.65pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FinanceLeaseLiability_iTI_mtCzusO_zHgVJA6d2go6" style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; text-indent: -5.65pt; padding-left: 5.65pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">381,949</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">564,673</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
371327 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
534231 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
118600 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
141725 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
263349 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
422948 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
381949 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
564673 usd
vivc Disclosure Leases Details2 Abstract
DisclosureLeasesDetails2Abstract
<table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureLeasesDetails2Abstract_zzxXuys8DARf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 2)"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: left">For the twelve months ending September 30,</td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20220930_zf3uTXXAB5Mc" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Operating<br/> Leases</b></span></p></td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueCurrent_iI_pp0p0_maOLFMPzokP_zc7bmMQmMSv" style="vertical-align: bottom"> <td style="width: 87%; text-align: left">2023</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">118,600</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInTwoYears_iI_pp0p0_maOLFMPzokP_zDIjtU7fRD18" style="vertical-align: bottom"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">127,153</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInThreeYears_iI_pp0p0_maOLFMPzokP_zVMLw0qwVQW" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt">2025</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">136,196</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--OperatingLeasesFutureMinimumPaymentsDue_iTI_pp0p0_mtOLFMPzokP_zIfP5MN91BQ2" style="vertical-align: bottom"> <td style="text-align: left; padding-left: 9pt">Total lease payments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">381,949</td><td style="white-space: nowrap; text-align: left"> </td></tr> </table>
CY2022Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
118600 usd
CY2022Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
127153 usd
CY2022Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
136196 usd
CY2022Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
381949 usd
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2022Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-50000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2000 usd
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25546810 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25556810 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25556810 shares
vivc Disclosure Net Loss Per Share Of Common Stock Details Abstract
DisclosureNetLossPerShareOfCommonStockDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_887_ecustom--DisclosureNetLossPerShareOfCommonStockDetailsAbstract_zCwAOFKQvVJ" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - NET LOSS PER SHARE OF COMMON STOCK (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"/><td style="font-weight: bold; padding-bottom: 1pt"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td id="xdx_49A_20220701__20220930_zWbommH9cQxj" style="white-space: nowrap; font-weight: bold; text-align: center"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td id="xdx_49D_20210701__20210930_zBv3ZY0nLjy6" style="white-space: nowrap; font-weight: bold; text-align: center"/><td style="padding-bottom: 1pt; font-weight: bold"/><td style="font-weight: bold; padding-bottom: 1pt"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td id="xdx_498_20220101__20220930_za2IEYVLLs4d" style="white-space: nowrap; font-weight: bold; text-align: center"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td style="white-space: nowrap; font-weight: bold; text-align: center"/> <td id="xdx_491_20210101__20210930_z7RYrKHAi3W" style="white-space: nowrap; font-weight: bold; text-align: center"/><td style="padding-bottom: 1pt; font-weight: bold"/></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">For the three months ended September <br/> 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">For the nine months ended September <br/> 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="white-space: nowrap; text-align: center"> </td><td> </td></tr> <tr id="xdx_40C_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_zYdcufU359q4" style="vertical-align: bottom"> <td style="width: 48%; text-align: left; text-indent: -8.65pt; padding-left: 8.65pt">Net loss for basic and diluted attributable to Vivic Corp.</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">(285,001</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">(360,382</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">(758,588</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">(2,109,860</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td></tr> <tr id="xdx_407_ecustom--WeightedAverageNumberOfShareOutstandingBasicAndDiluted1_zZdDs4PYMydl" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt">Weighted average common stock outstanding - Basic and Diluted</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,546,810</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,496,209</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,550,253</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">25,132,189</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--EarningsPerShareBasicAndDiluted1_zm5WRqgl8GPf" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -8.65pt; padding-left: 8.65pt">Net loss per share of common stock – basic and diluted</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.01</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.01</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.03</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.09</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-285001 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-360382 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-758588 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2109860 usd
CY2022Q3 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25546810 shares
CY2021Q3 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25496209 shares
vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25550253 shares
vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25132189 shares
CY2022Q3 vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.01
CY2021Q3 vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.01
vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.03
vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.09

Files In Submission

Name View Source Status
0001549727-22-000093-index-headers.html Edgar Link pending
0001549727-22-000093-index.html Edgar Link pending
0001549727-22-000093.txt Edgar Link pending
0001549727-22-000093-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
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
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
vivc-10q.htm Edgar Link pending
vivc-20220930.xsd Edgar Link pending
vivcex31-1.htm Edgar Link pending
vivcex31-2.htm Edgar Link pending
vivcex32-1.htm Edgar Link pending
vivcex32-2.htm Edgar Link pending
vivc-20220930_def.xml Edgar Link unprocessable
vivc-20220930_lab.xml Edgar Link unprocessable
vivc-20220930_pre.xml Edgar Link unprocessable
vivc-10q_htm.xml Edgar Link completed
vivc-20220930_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable