2023 Q1 Form 10-K Financial Statement

#000154972723000010 Filed on March 30, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $45.00K $68.98K $106.3K
YoY Change 4145.19% -71.75% -56.46%
Cost Of Revenue $66.72K $43.99K $82.69K
YoY Change 6923.05% -88.01% -77.46%
Gross Profit -$21.72K $24.99K $23.63K
YoY Change -19845.45% -120.37% -119.26%
Gross Profit Margin -48.27% 36.23% 22.22%
Selling, General & Admin $256.4K $352.4K $1.200M
YoY Change 10.24% -72.11% -5.06%
% of Gross Profit 1410.08% 5077.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.794K $4.050K $16.25K
YoY Change 103.98% -64.25% -62.48%
% of Gross Profit 16.21% 68.77%
Operating Expenses $282.4K $352.4K $1.200M
YoY Change 21.43% -72.11% -5.06%
Operating Profit -$304.1K -$327.4K -$1.176M
YoY Change 30.83% -76.38% -15.16%
Interest Expense $7.141K -$83.49K $31.80K
YoY Change -152.62% 246.0% -231.77%
% of Operating Profit
Other Income/Expense, Net -$28.11K $247.7K -$216.5K
YoY Change -145.63% 40.58% -222.87%
Pretax Income -$332.2K -$163.2K -$959.7K
YoY Change 78.23% -93.87% -63.95%
Income Tax $0.00 $9.00
% Of Pretax Income
Net Earnings -$332.2K -$185.8K -$981.6K
YoY Change 78.22% -92.76% -61.73%
Net Earnings / Revenue -738.29% -269.37% -923.19%
Basic Earnings Per Share -$0.01 -$0.04
Diluted Earnings Per Share -$0.01 -$0.01 -$0.04
COMMON SHARES
Basic Shares Outstanding 25.55M shares 25.55M shares 25.55M shares
Diluted Shares Outstanding 25.55M shares 25.55M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $335.3K $163.4K $163.4K
YoY Change -60.06% 103.51% 103.51%
Cash & Equivalents $335.3K $163.4K
Short-Term Investments
Other Short-Term Assets $1.155M $128.3K $719.3K
YoY Change 292.19% -32.27% 144.27%
Inventory $911.7K $1.535M $1.535M
Prepaid Expenses $969.8K $591.0K
Receivables $57.00 $60.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.402M $2.417M $2.417M
YoY Change 82.32% 347.93% 347.93%
LONG-TERM ASSETS
Property, Plant & Equipment $381.0K $281.3K $741.2K
YoY Change -51.35% 204.57% -8.75%
Goodwill
YoY Change
Intangibles $5.822K
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change -100.0% -100.0%
Other Assets $25.14K $27.21K $27.21K
YoY Change -29.93% -30.14% -30.14%
Total Long-Term Assets $820.8K $774.2K $774.2K
YoY Change 0.22% -15.15% -15.15%
TOTAL ASSETS
Total Short-Term Assets $2.402M $2.417M $2.417M
Total Long-Term Assets $820.8K $774.2K $774.2K
Total Assets $3.223M $3.192M $3.192M
YoY Change 50.85% 119.79% 119.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $172.8K $725.3K $725.3K
YoY Change 979.05% 3665.07% 3664.09%
Accrued Expenses $203.6K $83.01K $206.9K
YoY Change -23.81% 76.56% 9.61%
Deferred Revenue $2.025M $1.108M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.226M $3.865M $3.865M
YoY Change 124.56% 272.01% 272.01%
LONG-TERM LIABILITIES
Long-Term Debt $87.50K $87.50K $87.50K
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities $279.7K $275.0K $275.0K
YoY Change -29.2% -34.97% -34.97%
Total Long-Term Liabilities $367.2K $362.5K $362.5K
YoY Change -23.9% -28.98% -28.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.226M $3.865M $3.865M
Total Long-Term Liabilities $367.2K $362.5K $362.5K
Total Liabilities $4.593M $4.228M $4.228M
YoY Change 102.98% 172.85% 189.76%
SHAREHOLDERS EQUITY
Retained Earnings -$5.142M -$4.810M
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 -$1.370M -$1.036M -$1.036M
YoY Change
Total Liabilities & Shareholders Equity $3.223M $3.192M $3.192M
YoY Change 50.85% 119.79% 119.8%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$332.2K -$185.8K -$981.6K
YoY Change 78.22% -92.76% -61.73%
Depreciation, Depletion And Amortization $3.794K $4.050K $16.25K
YoY Change 103.98% -64.25% -62.48%
Cash From Operating Activities -$74.42K $75.83K $3.193K
YoY Change -111.33% -27.96% -100.33%
INVESTING ACTIVITIES
Capital Expenditures $76.94K $99.53K $142.8K
YoY Change -250.26% -162.27%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$2.310K $99.51K
YoY Change -100.0% -98.22% -182.29%
Cash From Investing Activities -$76.94K -$101.8K -$43.31K
YoY Change -163.17% -48.14% -87.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $322.8K 160.1K $98.90K
YoY Change -1399.57% 28.38% -89.26%
NET CHANGE
Cash From Operating Activities -$74.42K 75.83K $3.193K
Cash From Investing Activities -$76.94K -101.8K -$43.31K
Cash From Financing Activities $322.8K 160.1K $98.90K
Net Change In Cash $171.8K 134.1K $83.13K
YoY Change -77.2% 298.6% -120.96%
FREE CASH FLOW
Cash From Operating Activities -$74.42K $75.83K $3.193K
Capital Expenditures $76.94K $99.53K $142.8K
Free Cash Flow -$151.4K -$23.70K -$139.6K
YoY Change -123.05% -113.82% -81.08%

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CY2021 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25240065 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
148010 usd
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
2422618 usd
CY2021 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
17777 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
12587 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-2662829 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-97391 usd
CY2022 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
52000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-9279 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-981552 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1036222 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-981552 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-2662829 usd
CY2022 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-21888 usd
CY2021 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-51996 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-959664 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2610833 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16249 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
43309 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
117580 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
69576 usd
CY2022 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
12171 usd
CY2022 vivc Increase In Provision For Inventory
IncreaseInProvisionForInventory
94921 usd
CY2022 us-gaap Interest And Debt Expense
InterestAndDebtExpense
31795 usd
CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-58092 usd
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
60605 usd
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
87414 usd
CY2022 vivc Loss On Loan Settlement
LossOnLoanSettlement
2000 usd
CY2021 vivc Loss On Loan Settlement
LossOnLoanSettlement
1340664 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-928 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-488950 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-27798 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1465548 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-163975 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
52790 usd
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
54227 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
11741 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-108526 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
903636 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
204442 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
706111 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6756 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
1188346 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
259934 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-133974 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-29675 usd
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-80182 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
31106 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-894990 usd
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-27913 usd
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-72226 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3193 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-967216 usd
CY2022 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
53500 usd
CY2021 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
120931 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
160499 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
142820 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
229366 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
7485 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-43306 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-350297 usd
CY2022 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-45490 usd
CY2021 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-179571 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
112910 usd
CY2022 us-gaap Proceeds From Loans
ProceedsFromLoans
50000 usd
CY2021 us-gaap Proceeds From Loans
ProceedsFromLoans
1081954 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
117420 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
902383 usd
CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-18518 usd
CY2021 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
18518 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
98902 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
920901 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
24344 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-27261 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
83133 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-423873 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
CY2021Q4 vivc Cash From Continuing Operations
CashFromContinuingOperations
73971 usd
CY2020Q4 vivc Cash From Continuing Operations
CashFromContinuingOperations
501731 usd
CY2021Q4 vivc Cash From Discontinued Operations
CashFromDiscontinuedOperations
6335 usd
CY2020Q4 vivc Cash From Discontinued Operations
CashFromDiscontinuedOperations
2448 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
163439 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80306 usd
CY2022Q4 vivc Cash From Continuing Operations
CashFromContinuingOperations
163439 usd
CY2021Q4 vivc Cash From Continuing Operations
CashFromContinuingOperations
73971 usd
CY2021Q4 vivc Cash From Discontinued Operations
CashFromDiscontinuedOperations
6335 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
492 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
825 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
459 usd
CY2022 vivc Conversion Of Debt To Common Stock
ConversionOfDebtToCommonStock
52000 usd
CY2021 vivc Conversion Of Debt To Common Stock
ConversionOfDebtToCommonStock
2422619 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84E_eus-gaap--UseOfEstimates_z57HMLVdlGy6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; 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: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0pt"/><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_864_zBYuIuEsT2k2">Use of estimates</span></span></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In preparing these 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>
CY2022 vivc Trade And Other Accounts Receivable Policy.
TradeAndOtherAccountsReceivablePolicy.
<p id="xdx_843_ecustom--TradeAndOtherAccountsReceivablePolicy._zcSpt4hEQY" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; 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: 0pt; margin-bottom: 0pt; width: 100%"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; width: 0pt; text-indent: 0pt"/><td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; width: 0.3in; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_865_zfShzwVE9vW9">Accounts receivable</span></span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; 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 considers 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 December 31, 2022 and 2021, the Company recorded $855 and $0 allowance for doubtful accounts, respectively.</span></p>
CY2022 vivc Disclosure Summary Of Significant Accounting Policies Details Abstract
DisclosureSummaryOfSignificantAccountingPoliciesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--DisclosureSummaryOfSignificantAccountingPoliciesDetailsAbstract_zG27rxZu73V2" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt 0pt 1pt; white-space: nowrap; width: 58%; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt 0pt 1pt; white-space: nowrap; width: 3%; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-top: 0pt; padding-right: 0pt; padding-left: 0pt; width: 21%; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expected useful life</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt 0pt 1pt; white-space: nowrap; width: 1%; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt 0pt 1pt; white-space: nowrap; width: 17%; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Service yacht</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98F_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dxH_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--ServiceYachtMember_z0RmwJsHVw01" style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt" title="::XDX::P10Y"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10 years</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Motor vehicle</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_982_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dxH_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_zWXkKnkQmJn8" style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt" title="::XDX::P5Y"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5 years</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office equipment</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98E_eus-gaap--FiniteLivedIntangibleAssetUsefulLife_dxH_c20220101__20221231__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zwvGgiSqP87" style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt" title="::XDX::P5Y"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5 years</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; layout-grid-mode: line; text-align: center; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table>
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7485 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-1663 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5822 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1663 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2022 vivc Disclosure Summary Of Significant Accounting Policies Details2 Abstract
DisclosureSummaryOfSignificantAccountingPoliciesDetails2Abstract
<table cellpadding="0" cellspacing="0" id="xdx_880_ecustom--DisclosureSummaryOfSignificantAccountingPoliciesDetails2Abstract_zbJYWFHd92Vb" 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_20221231_zds6MZpmkIq9" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt">   </td> <td colspan="2" id="xdx_49E_20211231_zuDQG1c86i13" 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_z8X0RnCSASHk" style="vertical-align: bottom"> <td style="width: 56%; text-align: left; text-indent: 0pt; padding-left: 0pt">Period/year-end RMB:US$ exchange rate</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 12%; text-align: right">6.8972</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: 12%; 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_zR2t1VEGuZK2" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Period/annual average RMB:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.7290</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_zoYLcX6vC1o1" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Period/year-end HK$:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7.8015</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_zPTNHW7OzyNk" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Period/annual average HK$:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7.8306</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_z3jjUfgu84Wb" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Period/year-end TWD:US$ exchange rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">30.7300</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_zlBOzDyLNkG7" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">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">29.7963</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> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> </table>
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
7485 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_840_eus-gaap--ConcentrationRiskCreditRisk_z98ff3qWAVUd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; 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: 0pt; margin-bottom: 0pt; width: 100%"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; width: 0pt; text-indent: 0pt"/><td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; width: 0.3in; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; padding: 0pt; text-align: justify; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_865_zwdFha1GUdGl">Concentrations and credit risk</span></span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s principal financial instruments subject to potential concentration of credit risk are cash and cash equivalents, including amounts held in money market accounts. The Company places cash deposits with a federally insured financial institution. The Company maintains its cash at banks and financial institutions it considers to be of high credit quality; however, the Company’s domestic cash deposits may at times exceed the Federal</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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>
CY2022Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
218851 usd
CY2021Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
19812 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1341525 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
106723 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
1627209 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
163975 usd
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
-92607 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
163439 usd
CY2022 vivc Working Capital Deficit
WorkingCapitalDeficit
1447880 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-981552 usd
CY2022 us-gaap Finance Lease Impairment Loss
FinanceLeaseImpairmentLoss
58092 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
1534602 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
163975 usd
CY2022 vivc Disclosure Property Plant And Equipment Details Abstract
DisclosurePropertyPlantAndEquipmentDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_888_ecustom--DisclosurePropertyPlantAndEquipmentDetailsAbstract_zW4m1MISZMF5" 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_49F_20221231_zNcGN5Vss3z1" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt">   </td> <td colspan="2" id="xdx_491_20211231_zCJ3NYiGySI7" 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_zGpjYndCBW17" style="vertical-align: bottom"> <td style="width: 56%; text-align: justify; text-indent: 0pt; padding-left: 0pt">Leasehold improvements</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">36,521</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">39,316</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__custom--YachtMouldMember_zvZzSeiiubU" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt">Yacht mould</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">210,089</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: xdx2ixbrl0626">-</span></td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--PropertyPlantAndEquipmentGross_iI_hus-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--VehiclesMember_z1ijQouBAC19" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt">Motor vehicle</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,025</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_z7oDPxMWmMwf" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">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">8,279</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_zebxmoTLqSZj" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt"><span style="display: none">Property Plant and Equipment, Gross</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">307,914</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_zheooTc8Gali" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">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">(26,626</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_zDRRazAYUENk" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Property, plant and equipment, net</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">281,288</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</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 id="xdx_406_eus-gaap--InventoryRealEstateConstructionInProcess_iI_pp0p0_zoUgLci314J1" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">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">103,631</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 id="xdx_40B_ecustom--PropertyPlantAndEquipemtTotal_iI_pp0p0_zMkE7O7xkSx5" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">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">384,919</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>
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
307914 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
105878 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26626 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13521 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281288 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
92357 usd
CY2022Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
103631 usd
CY2021Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
185667 usd
CY2022Q4 vivc Property Plant And Equipemt Total
PropertyPlantAndEquipemtTotal
384919 usd
CY2021Q4 vivc Property Plant And Equipemt Total
PropertyPlantAndEquipemtTotal
278024 usd
CY2022 us-gaap Depreciation
Depreciation
16249 usd
CY2021 us-gaap Depreciation
Depreciation
43309 usd
CY2022 vivc Disclosure Intangible Assets Details Abstract
DisclosureIntangibleAssetsDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_889_ecustom--DisclosureIntangibleAssetsDetailsAbstract_zlKNEqBorqL6" 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_49D_20221231_zkTrC7tXMOy7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt">   </td> <td colspan="2" id="xdx_491_20211231_znDQBBWXwdOh" 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_zmEY3e0yhJl1" style="vertical-align: bottom"> <td style="width: 56%; text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Software</td><td style="width: 3%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">7,485</td><td style="white-space: nowrap; width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 3%; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0658">-</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_zpCsu0HWgbdj" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt">Total intangible assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,485</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: xdx2ixbrl0661">-</span></td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--FiniteLivedIntangibleAssetsAccumulatedAmortization_iI_msIANEGz8ad_zdFf1zYDGFm3" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">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">(1,663</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: xdx2ixbrl0664">-</span></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; text-indent: 0pt; padding-left: 0pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--IntangibleAssetsNetExcludingGoodwill_iTI_mtIANEGz8ad_zpsBrV174fhe" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">Intangible assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,822</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0667">-</span></td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
590989 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
105011 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
590989 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
105011 usd
CY2022 vivc Disclosure Inventory Details Abstract
DisclosureInventoryDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_889_ecustom--DisclosureInventoryDetailsAbstract_zaP127Stj9C4" 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_491_20221231_zpBhWbJ4Ryxf" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_49E_20211231_zyd3sLPUSWT3" 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_zIpaJQ1U3TLg" style="vertical-align: bottom"> <td style="width: 56%; text-align: left; text-indent: 0pt; padding-left: 0pt">Raw materials</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">31,937</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0692">-</span></td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--InventoryWorkInProcess_iI_maINz4Li_zRD5qbanUqwc" style="vertical-align: bottom"> <td style="text-indent: 0pt; padding-left: 0pt">Work-in-progress</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">34,896</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,440</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--InventoryFinishedGoodsAndWorkInProcess_iI_maINz4Li_z7cLUH1OVb83" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Consigned processing goods</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">218,851</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,812</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--InventoryFinishedGoods_iI_maINz4Li_zVvrsH8R6Hjj" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">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">1,341,525</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">106,723</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--InventoryGross_iTI_mtINz4Li_zNrLU6kHHAN6" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Total inventory</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">1,627,209</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">163,975</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--InventoryAdjustments_iI_zyb6t7b7eRc" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Less: inventory impairment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(92,607</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: xdx2ixbrl0707">-</span></td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InventoryNet_iI_zMDx21dlMQp6" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">Inventory, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,534,602</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</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> <tr style="vertical-align: bottom"> <td style="text-indent: 0pt; padding-left: 0pt"> </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>
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
31937 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
34896 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
37440 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
83013 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
41330 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1635387 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
156499 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
1718400 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
197829 usd
CY2022 vivc Disclosure Leases Details Abstract
DisclosureLeasesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_888_ecustom--DisclosureLeasesDetailsAbstract_zP0YaMJs6Jr1" 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_493_20221231_zXYbhoNOBdBg" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt">   </td> <td colspan="2" id="xdx_49B_20211231_z8Wf5GjYVFFf" 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="text-align: left; text-indent: 0pt; padding-left: 0pt">Operating leases:</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_40B_eus-gaap--OperatingLeaseRightOfUseAsset_iI_z4Pfsl9lAkYa" style="vertical-align: bottom"> <td style="width: 74%; text-align: left; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">Operating lease 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">$</td><td style="border-bottom: Black 2.5pt double; width: 8%; text-align: right">356,233</td><td style="white-space: nowrap; width: 1%; padding-bottom: 2.5pt; text-align: left"> </td><td style="width: 3%; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left">$</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: 0pt; padding-left: 0pt"> </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_zU6MlyjQ2XG5" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Operating lease liabilities-current</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">123,858</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left">$</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_zsMLhvORCvn1" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Operating lease liabilities-noncurrent</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">275,025</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: 0pt; padding-left: 0pt"> </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_z1clcMIQ20N6" style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">398,883</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</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>
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
356233 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
534231 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
123858 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
141725 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
275025 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
422948 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
398883 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
564673 usd
CY2022 vivc Disclosure Leases Details2 Abstract
DisclosureLeasesDetails2Abstract
<table cellpadding="0" cellspacing="0" id="xdx_889_ecustom--DisclosureLeasesDetails2Abstract_z1BNTm74YQx6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - LEASES (Details 2)"> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: left">For the twelve months ending December 31,</td><td style="font-weight: bold; padding-bottom: 1pt">   </td> <td colspan="2" id="xdx_498_20221231_zMK2KxA1MUdk" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">Operating<br/> Leases</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueCurrent_iI_pp0p0_maOLFMPzokP_zbDxkCb20Ynj" style="vertical-align: bottom; background-color: white"> <td style="width: 87%; text-align: left; text-indent: 0pt; padding-left: 0pt">2023</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 8%; text-align: right">123,858</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInTwoYears_iI_pp0p0_maOLFMPzokP_zJpAnSsNlwze" style="vertical-align: bottom; background-color: white"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">2024</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">132,790</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInThreeYears_iI_pp0p0_maOLFMPzokP_zP1uw5kiSlF8" style="vertical-align: bottom; background-color: white"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">2025</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">142,235</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--OperatingLeasesFutureMinimumPaymentsDue_iTI_pp0p0_mtOLFMPzokP_zoBiJuJ4JMu5" style="vertical-align: bottom; background-color: white"> <td style="text-align: left; text-indent: 0pt; padding-left: 8.65pt">Total lease payments</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">398,883</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt"> </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>
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
123858 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
132790 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
142235 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
398883 usd
CY2022 vivc Disclosure Income Taxes Details Abstract
DisclosureIncomeTaxesDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_882_ecustom--DisclosureIncomeTaxesDetailsAbstract_znL2p6RuyFPk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%" summary="xdx: Disclosure - INCOME TAXES (Details)"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td id="xdx_49D_20220101__20221231__srt--StatementGeographicalAxis__country--US_zdQbbHSJENs7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td id="xdx_49E_20210101__20211231__srt--StatementGeographicalAxis__country--US_zuFVqqgztQK3" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">Year ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_404_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_zxxrOgSvXOik" style="vertical-align: bottom"> <td style="width: 46%; text-align: left; text-indent: 0pt; padding-left: 0pt">Loss before income taxes</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(178,759</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(333,680</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td></tr> <tr id="xdx_401_eus-gaap--EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_uPure_z4NfQ0k7CY" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Statutory income tax rate</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">21%</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"/><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">21%</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"/></tr> <tr id="xdx_400_eus-gaap--IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_zCWqqmE8X7b8" style="vertical-align: bottom"> <td style="text-align: left; text-indent: 0pt; padding-left: 0pt">Income tax expense at statutory rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(37,539</td><td style="white-space: nowrap; text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(70,073</td><td style="white-space: nowrap; text-align: left">)</td></tr> <tr id="xdx_404_eus-gaap--IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_zMJRDlvuJ9u8" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Tax effect of allowance</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">37,539</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">70,073</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--IncomeTaxExpenseBenefit_zPwf2MppoRj2" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">Income tax expense</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0777">-</span></td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0778">-</span></td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022 vivc Disclosure Income Taxes Details3 Abstract
DisclosureIncomeTaxesDetails3Abstract
<table cellpadding="0" cellspacing="0" id="xdx_88C_ecustom--DisclosureIncomeTaxesDetails3Abstract_zGgF9FMpGgOi" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%" summary="xdx: Disclosure - INCOME TAXES (Details 3)"> <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_20221231_zX8wEE5bwGq4" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">December 31, 2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" id="xdx_495_20211231_z0lHQ66jXbRj" 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 style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt">Deferred tax assets on</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 style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt">Net operating loss carryforwards:</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_406_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_hsrt--StatementGeographicalAxis__country--US_zqfbW5SBvaE" style="vertical-align: bottom"> <td style="width: 46%; text-align: justify; text-indent: 0pt; padding-left: 8.65pt">- United States</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">37,539</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">70,073</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_hsrt--StatementGeographicalAxis__country--TW_zriF9zrqJ6j4" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 8.65pt">- Taiwan</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,229</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13,421</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_hsrt--StatementGeographicalAxis__country--HK_zttN97yCNcck" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 8.65pt">- Hong Kong</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">213</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,675</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_hsrt--StatementGeographicalAxis__country--CN_z3SOD5Wan7bl" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 8.65pt">- PRC</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">183,367</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">187,032</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxAssetsOperatingLossCarryforwards_iI_zoDI7xEI6lc2" style="vertical-align: bottom"> <td style="text-align: justify; text-indent: 0pt; padding-left: 0pt">Total</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">230,348</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">278,201</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--DeferredTaxAssetsValuationAllowance_iNI_di_zX3YP4WXBs1k" style="vertical-align: bottom"> <td style="text-align: justify; padding-bottom: 1pt; text-indent: 0pt; padding-left: 0pt">Less: valuation allowance</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">(230,348</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">(278,201</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; text-indent: 0pt; padding-left: 0pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: right"> </td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--DeferredTaxAssetsLiabilitiesNet_iI_z03IVwwVgEv5" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: 0pt; padding-left: 0pt">Deferred tax assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0821">-</span></td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0822">-</span></td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
230348 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
278201 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
230348 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
278201 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
70000000 shares
CY2022Q4 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
CY2022Q4 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
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
832000 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
832000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25546810 shares
CY2022Q4 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
CY2022 vivc Disclosure Net Loss Per Share Of Common Stock Details Abstract
DisclosureNetLossPerShareOfCommonStockDetailsAbstract
<table cellpadding="0" cellspacing="0" id="xdx_88B_ecustom--DisclosureNetLossPerShareOfCommonStockDetailsAbstract_zElLZxoadvT2" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 80%" summary="xdx: Disclosure - NET LOSS PER SHARE OF COMMON STOCK (Details)"> <tr style="vertical-align: bottom"> <td style="padding-left: 8.65pt; white-space: nowrap; text-align: center; text-indent: -8.65pt"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td id="xdx_499_20220101__20221231_zDTB8h2hCSHa" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td> <td id="xdx_493_20210101__20211231_zpt3cUaLhI0j" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 8.65pt; white-space: nowrap; text-align: center; text-indent: -8.65pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">Years ended December 31,</td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 8.65pt; white-space: nowrap; text-align: center; text-indent: -8.65pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">2022</td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center">2021</td><td style="padding-bottom: 1pt"> </td></tr> <tr id="xdx_40C_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_zdUqsfKKZ1I2" style="vertical-align: bottom"> <td style="width: 46%; text-align: left; text-indent: -8.65pt; padding-left: 8.65pt">Net (loss) income for basic and diluted attributable to Vivic Corp.</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(944,396</td><td style="white-space: nowrap; width: 1%; text-align: left">)</td><td style="width: 3%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,564,945</span></td><td style="white-space: nowrap; width: 1%; text-align: left">)</td></tr> <tr id="xdx_407_ecustom--WeightedAverageNumberOfShareOutstandingBasicAndDiluted1_z8cdUQdbdzF5" 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 <br/></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">25,549,386</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">25,240,065</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_409_ecustom--EarningsPerShareBasicAndDiluted1_zFLnCsYLMtfk" style="vertical-align: bottom"> <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -8.65pt; padding-left: 8.65pt">Net (loss) income 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">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.04</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left">)</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">(0.10</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-944396 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2564945 usd
CY2022 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25549386 shares
CY2021 vivc Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
25240065 shares
CY2022 vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.04
CY2021 vivc Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
-0.10

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