2023 Q4 Form 10-K Financial Statement

#000164033423001838 Filed on October 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q2 2023
Revenue $23.40K $24.06K $158.1K
YoY Change -71.17% 12.12% 314.21%
Cost Of Revenue $68.85K $114.3K $238.2K
YoY Change 117.48% 94.77% 63.84%
Gross Profit -$45.45K -$90.19K -$80.06K
YoY Change -191.85% 142.45% -25.31%
Gross Profit Margin -194.26% -374.85% -50.64%
Selling, General & Admin $523.6K $834.9K $3.216M
YoY Change -39.26% 22.16% 68.79%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $105.0K $77.78K $254.9K
YoY Change 102.07% 419.92% 927.96%
% of Gross Profit
Operating Expenses -$523.6K $834.9K $3.216M
YoY Change -160.74% 22.16% -268.36%
Operating Profit -$569.0K -$925.1K -$3.296M
YoY Change -29.97% 28.37% 63.3%
Interest Expense $43.72K -$25.36K $1.919M
YoY Change -96.76% -95.0% -1.57%
% of Operating Profit
Other Income/Expense, Net $42.70K $1.019M -$702.9K
YoY Change -96.83% -926627.27% -136.29%
Pretax Income -$526.3K $68.76K -$3.999M
YoY Change -75.64% -105.58% 1.13%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$526.3K $226.0K -$3.999M
YoY Change -75.64% -118.54% 1.13%
Net Earnings / Revenue -2249.69% 939.48% -2529.42%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 1.176B shares 1.176B shares 1.020B shares
Diluted Shares Outstanding 1.180B shares 1.020B shares

Balance Sheet

Concept 2023 Q4 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $928.3K $200.4K $200.4K
YoY Change 155.33% -52.16% -52.16%
Cash & Equivalents $928.3K $200.4K $200.4K
Short-Term Investments
Other Short-Term Assets $318.3K $569.7K $569.7K
YoY Change -60.08% 377.76% 377.76%
Inventory $230.4K $96.04K $96.04K
Prepaid Expenses
Receivables $9.360K $12.07K $12.07K
Other Receivables $184.5K $9.740K $9.740K
Total Short-Term Assets $1.671M $887.9K $887.9K
YoY Change 29.43% 37.4% 37.4%
LONG-TERM ASSETS
Property, Plant & Equipment $3.902M $4.009M $4.642M
YoY Change 64.95% 282.22% 163.51%
Goodwill
YoY Change
Intangibles $33.24M $33.19M
YoY Change
Long-Term Investments
YoY Change
Other Assets $80.00K $101.4K $101.4K
YoY Change -98.43% -99.68% -99.68%
Total Long-Term Assets $37.80M $37.94M $37.94M
YoY Change -1.43% 14.9% 14.9%
TOTAL ASSETS
Total Short-Term Assets $1.671M $887.9K $887.9K
Total Long-Term Assets $37.80M $37.94M $37.94M
Total Assets $39.47M $38.82M $38.82M
YoY Change -0.42% 15.33% 15.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $95.45K $73.17K $73.17K
YoY Change 96.87% 301.8% 301.81%
Accrued Expenses $790.3K $672.3K $672.3K
YoY Change 92.17% 136.99% 136.99%
Deferred Revenue
YoY Change
Short-Term Debt $161.4K $191.0K $191.0K
YoY Change 222.88%
Long-Term Debt Due $177.7K $172.2K $172.2K
YoY Change 4.84% -99.07% -99.07%
Total Short-Term Liabilities $1.670M $1.477M $1.477M
YoY Change 4.67% -92.39% -92.39%
LONG-TERM LIABILITIES
Long-Term Debt $1.143M $1.096M $1.096M
YoY Change 66.44% 1019.77% 1019.77%
Other Long-Term Liabilities $17.60K $29.48K $29.48K
YoY Change -56.37%
Total Long-Term Liabilities $1.161M $1.126M $1.126M
YoY Change 59.63% 1049.88% 1049.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.670M $1.477M $1.477M
Total Long-Term Liabilities $1.161M $1.126M $1.126M
Total Liabilities $2.830M $2.603M $2.603M
YoY Change 21.88% -86.66% -86.66%
SHAREHOLDERS EQUITY
Retained Earnings -$11.37M -$10.29M
YoY Change 15.88% -0.63%
Common Stock $1.192M $1.176M
YoY Change 1.6% 43.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.64M $36.22M $36.22M
YoY Change
Total Liabilities & Shareholders Equity $39.47M $38.82M $38.82M
YoY Change -0.42% 15.33% 15.33%

Cashflow Statement

Concept 2023 Q4 2023 Q2 2023
OPERATING ACTIVITIES
Net Income -$526.3K $226.0K -$3.999M
YoY Change -75.64% -118.54% 1.13%
Depreciation, Depletion And Amortization $105.0K $77.78K $254.9K
YoY Change 102.07% 419.92% 927.96%
Cash From Operating Activities -$475.1K -$123.6K -$1.657M
YoY Change 21.89% -75.21% 3.82%
INVESTING ACTIVITIES
Capital Expenditures $1.400K $23.40K $497.3K
YoY Change -96.9% -102.33% -53.66%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $109.4K
YoY Change -100.0% -100.0% -139.67%
Cash From Investing Activities -$1.400K -$23.40K -$387.9K
YoY Change -93.36% -97.75% -71.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.576M
YoY Change 57.63%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 244.9K 50.59K $1.628M
YoY Change 207.21% -430.65% 64.54%
NET CHANGE
Cash From Operating Activities -475.1K -123.6K -$1.657M
Cash From Investing Activities -1.400K -23.40K -$387.9K
Cash From Financing Activities 244.9K 50.59K $1.628M
Net Change In Cash -231.7K -96.39K -$218.5K
YoY Change -30.05% -93.79% -87.14%
FREE CASH FLOW
Cash From Operating Activities -$475.1K -$123.6K -$1.657M
Capital Expenditures $1.400K $23.40K $497.3K
Free Cash Flow -$476.5K -$147.0K -$2.154M
YoY Change 9.54% -129.15% -19.29%

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CY2022 us-gaap Other Income
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2023 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
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CY2022 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
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CY2023 vrdr Total Net Loss
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CY2022 vrdr Total Net Loss
TotalNetLoss
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CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2023 vrdr Other Comprehensive Loss Income Attributable To Common Shareholders
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CY2022 vrdr Other Comprehensive Loss Income Attributable To Common Shareholders
OtherComprehensiveLossIncomeAttributableToCommonShareholders
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CY2023 us-gaap Comprehensive Income Net Of Tax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023 vrdr Earnings Per Shares Basic
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CY2022 vrdr Earnings Per Shares Basic
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CY2023 vrdr Earnings Per Shares Diluted
EarningsPerSharesDiluted
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CY2022 vrdr Earnings Per Shares Diluted
EarningsPerSharesDiluted
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CY2023 vrdr Weighted Average Number Of Share Outstanding Basic
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CY2022 vrdr Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
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CY2023 vrdr Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
1019752220 shares
CY2022 vrdr Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Accumulated Depreciation Depletion And Amortization Reclassifications From Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1
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CY2022 us-gaap Accumulated Depreciation Depletion And Amortization Reclassifications From Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1
24792 usd
CY2023 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
124688 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2023 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2023 vrdr Finance Cost Interest Element Of Promissory Notes Non Cash
FinanceCostInterestElementOfPromissoryNotesNonCash
1877739 usd
CY2022 vrdr Finance Cost Interest Element Of Promissory Notes Non Cash
FinanceCostInterestElementOfPromissoryNotesNonCash
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CY2023 vrdr Fair Value Adjustment On Convertible Promissory Notes
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CY2022 vrdr Fair Value Adjustment On Convertible Promissory Notes
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CY2023 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2022 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
36765 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2023 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2022 vrdr Increase Decrease In Other Deposits And Prepayments
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-113458 usd
CY2023 vrdr Increase Decrease In Extractive Activities Mining
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0 usd
CY2022 vrdr Increase Decrease In Extractive Activities Mining
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-1229 usd
CY2023 us-gaap Increase Decrease In Other Receivables
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-846 usd
CY2022 us-gaap Increase Decrease In Other Receivables
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CY2023 us-gaap Increase Decrease In Inventories
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CY2022 us-gaap Increase Decrease In Inventories
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CY2021Q2 us-gaap Stockholders Equity
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CY2022 us-gaap Stock Issued During Period Value Acquisitions
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CY2022 us-gaap Share Based Compensation
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355569 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
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75768 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15710 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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403259 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 vrdr Increase Discrease In Advanced From Director
IncreaseDiscreaseInAdvancedFromDirector
-12877 usd
CY2022 vrdr Increase Discrease In Advanced From Director
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CY2023 us-gaap Increase Decrease In Due To Related Parties
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348913 usd
CY2022 us-gaap Increase Decrease In Due To Related Parties
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2023 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
21423 usd
CY2022 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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CY2023 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
106647 usd
CY2022 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
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CY2023 us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
1140 usd
CY2022 us-gaap Proceeds From Previous Acquisition
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CY2023 vrdr Payment To Acquire Equity And Property Plant And Equipment
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CY2022 vrdr Payment To Acquire Equity And Property Plant And Equipment
PaymentToAcquireEquityAndPropertyPlantAndEquipment
240000 usd
CY2023 vrdr Acquisition Of Equity Interest From Non Controlling Interests
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CY2022 vrdr Acquisition Of Equity Interest From Non Controlling Interests
AcquisitionOfEquityInterestFromNonControllingInterests
35670 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-387938 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Repayments Of Other Debt
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CY2022 us-gaap Repayments Of Other Debt
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CY2023 vrdr Drawdown Of Bank Loan
DrawdownOfBankLoan
301000 usd
CY2022 vrdr Drawdown Of Bank Loan
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CY2023 us-gaap Repayments Of Debt
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110000 usd
CY2022 us-gaap Repayments Of Debt
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CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
36765 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
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1576280 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1000000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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1628281 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
256485 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-218508 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1698705 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
418917 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2117622 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200409 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
418917 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2023 vrdr Deposits Paid For Acquisition Of Property And Equipment
DepositsPaidForAcquisitionOfPropertyAndEquipment
0 usd
CY2022 vrdr Deposits Paid For Acquisition Of Property And Equipment
DepositsPaidForAcquisitionOfPropertyAndEquipment
930000 usd
CY2022 vrdr Shares To Be Issued For Private Placement Amount
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1000000 usd
CY2022 vrdr Accretion Of Interest
AccretionOfInterest
-35667 usd
CY2022 us-gaap Net Income Loss
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CY2022 vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
83504 usd
CY2022Q2 us-gaap Stockholders Equity
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14148917 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
14148917 usd
CY2023 us-gaap Stock Issued During Period Value Issued For Services
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875500 usd
CY2023 vrdr Stock Issued For Previously Committed Private Placement
StockIssuedForPreviouslyCommittedPrivatePlacement
0 usd
CY2023 vrdr Shares Issued For Private Placement Amount
SharesIssuedForPrivatePlacementAmount
1597280 usd
CY2023 vrdr Shares Issued Arising From Conversion Of Promissory Notes Amount
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20355000 usd
CY2023 vrdr Fair Value Adjustment On Conversion Of Promissory Notes
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CY2023 us-gaap Net Income Loss
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CY2023 vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
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CY2023 vrdr Cumulative Translation Adjustment Transferred To Profit Loss
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CY2023Q2 us-gaap Stockholders Equity
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CY2023 us-gaap Use Of Estimates
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company’s periodic filings with the Securities and Exchange Commission include, where applicable, disclosures of estimates, assumptions, uncertainties and markets that could affect the financial statements and future operations of the Company.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">  </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">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 years reported. Actual results may differ from these estimates.</p>
CY2023 us-gaap Concentration Risk Credit Risk
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and future receivables. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.</p>
CY2023 vrdr Cash And Cash Equivalents Period Increase Decrease2
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CY2023 vrdr Long Term Debt Terms
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CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
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164084 usd
CY2023Q2 us-gaap Foreign Currency Exchange Rate Translation1
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4.66795 pure
CY2022Q2 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
4.40773 pure
CY2023Q2 vrdr Annualized Average Foreign Currency Exchange Rate
AnnualizedAverageForeignCurrencyExchangeRate
4.50684 pure
CY2022Q2 vrdr Annualized Average Foreign Currency Exchange Rate
AnnualizedAverageForeignCurrencyExchangeRate
4.23181 pure
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Five
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CY2023Q2 us-gaap Finance Lease Liability Payments Due After Year Five
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CY2023Q2 us-gaap Finance Lease Liability Payments Due
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1001545 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
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CY2023Q2 vrdr Finance Lease Liability1
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CY2023Q2 vrdr Retained Earnings Accumulated Deficit2
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CY2023Q2 vrdr Current Liabilities Lease Payment
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CY2023Q2 us-gaap Inventory Net
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CY2022Q2 us-gaap Inventory Net
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87035 usd
CY2023Q2 vrdr Prepayments
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CY2022Q2 vrdr Prepayments
Prepayments
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CY2023Q2 vrdr Operating Lease Liability Noncurrent5
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CY2023Q2 vrdr Present Value Of Lease Liabilities
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CY2023Q2 vrdr Foreign Exchange Adjustment Of Property Plant And Equipment
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CY2022Q2 vrdr Foreign Exchange Adjustment Of Property Plant And Equipment
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CY2023 vrdr Cost And Accumulated Depreciation Of Property Plant And Equipment
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CY2022 vrdr Cost And Accumulated Depreciation Of Property Plant And Equipment
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1574687 usd
CY2022 vrdr Carrying Amount Of Property Plant And Equipment
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CY2023Q2 vrdr Plant And Machinery And Motor Vehicles Net Value
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CY2022Q2 vrdr Plant And Machinery And Motor Vehicles Net Value
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199144 usd
CY2023Q2 us-gaap Deposits Assets Noncurrent
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21423 usd
CY2022Q2 us-gaap Deposits Assets Noncurrent
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CY2023Q2 us-gaap Property Plant And Equipment Other
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CY2022Q2 us-gaap Property Plant And Equipment Other
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CY2023Q2 vrdr Security Deposit Paid
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80000 usd
CY2022Q2 vrdr Security Deposit Paid
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240000 usd
CY2021Q2 us-gaap Shares Issued
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CY2021Q3 us-gaap Shares Issued
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31000000 shares
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CY2023 vrdr Fair Value Assumption Expected Term
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2
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CY2022 us-gaap Amortization Of Deferred Charges
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CY2023Q2 us-gaap Preferred Stock Shares Authorized
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CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
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CY2022 vrdr Operating Lease Related Assets And Liabilities Ending Balance
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27088 usd
CY2022 vrdr Operating Lease Assets And Liabilities Beginning Balance
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CY2023 vrdr Amortization Charge For The Year
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CY2023 vrdr Foreign Exchange Adjustment
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CY2022 vrdr Foreign Exchange Adjustment
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CY2023 vrdr Disposal Of Subsidiary
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CY2022 vrdr Disposal Of Subsidiary
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CY2023 vrdr Operating Lease Related Assets And Liabilities Ending Balance
OperatingLeaseRelatedAssetsAndLiabilitiesEndingBalance
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CY2023 vrdr Operating Lease Assets And Liabilities Beginning Balance
OperatingLeaseAssetsAndLiabilitiesBeginningBalance
27088 usd
CY2022 vrdr Amortization Charge Of Rights Of Use Lease Assets
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CY2022Q2 vrdr Due To Related Party Current
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555527 usd
CY2023Q2 vrdr Due To Related Party Current
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CY2023Q2 us-gaap Notes Payable
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CY2022Q2 us-gaap Notes Payable
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CY2022Q4 us-gaap Shares Issued Price Per Share
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CY2022Q4 vrdr Issuance Shares Of Restricted Common Stock
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CY2022Q1 us-gaap Share Price
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0.0611
CY2023 vrdr Risk Free Interest Rate Promissory Note
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0.0026 pure
CY2023 vrdr Credit Spread Promissory Notes
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0.0651 pure
CY2023 vrdr Concentration Risks Percentage1
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0.0500 pure
CY2023 vrdr Promissiory Note Beginning Balance
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18484028 usd
CY2022 vrdr Promissiory Note Beginning Balance
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CY2023 us-gaap Interest Expense Debt
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CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
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CY2023 vrdr Converted To Company S Restricted Common Stock
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20355000 usd
CY2022 vrdr Converted To Company S Restricted Common Stock
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CY2023 vrdr Promissiory Note Ending Balance
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CY2022 vrdr Promissiory Note Ending Balance
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18484028 usd
CY2022Q2 vrdr Convertible Debt Noncurrent1
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CY2021Q2 vrdr Convertible Debt Noncurrent1
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CY2023 us-gaap Notes Issued1
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CY2022 us-gaap Notes Issued1
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CY2023 vrdr Interest Expenses Promissory Note
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CY2022 vrdr Interest Expenses Promissory Note
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CY2023Q2 us-gaap Convertible Debt Noncurrent
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487790 usd
CY2022Q2 us-gaap Convertible Debt Noncurrent
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CY2023 vrdr Interest Expenses
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CY2022 vrdr Interest Expenses
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CY2023 vrdr Interest Payable Attributable To Promissory Notes
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CY2023 us-gaap Profit Loss
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194865 usd
CY2023 vrdr Weighted Average Incremental Borrowing Rate
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0.05 pure
CY2023Q2 vrdr Lease Liabilities9
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830890 usd
CY2022Q2 vrdr Lease Liabilities9
LeaseLiabilities9
173124 usd
CY2023 us-gaap Other Amortization Of Deferred Charges
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117517 usd
CY2022 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
34286 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
36765 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
192324 usd
CY2022Q3 vrdr Restricted Common Stock Share Issuance In Consideration6 D
RestrictedCommonStockShareIssuanceInConsideration6D
1000000 shares
CY2023 vrdr Stock Based Compensation Under Selling General And Administrative Expenses
StockBasedCompensationUnderSellingGeneralAndAdministrativeExpenses
232500 usd
CY2022Q4 vrdr Restricted Common Stock Share Issuance In Consideration6 D
RestrictedCommonStockShareIssuanceInConsideration6D
1000000 shares
CY2022Q4 vrdr Restricted Common Stock Share Issuance In Consideration Per Share
RestrictedCommonStockShareIssuanceInConsiderationPerShare
0.001
CY2022Q4 vrdr Restricted Common Stock Share Issuance In Consideration6 D
RestrictedCommonStockShareIssuanceInConsideration6D
500000 shares
CY2022Q4 vrdr Restricted Common Stock Share Issuance In Consideration Per Share
RestrictedCommonStockShareIssuanceInConsiderationPerShare
0.20
CY2023Q1 us-gaap Shares Issued
SharesIssued
714285 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
50000 usd
CY2023Q1 us-gaap Share Price
SharePrice
0.07
CY2021Q2 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
166666667 shares
CY2021Q2 us-gaap Share Price
SharePrice
0.03
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
5000000 usd
CY2021Q2 us-gaap Shares Issued
SharesIssued
135666667 shares
CY2021Q3 us-gaap Shares Issued
SharesIssued
31000000 shares
CY2023 vrdr Restricted Common Stock Share Issuance In Consideration Per Share
RestrictedCommonStockShareIssuanceInConsiderationPerShare
0.07
CY2023Q1 vrdr Description Of Consideration For Acquisition
DescriptionOfConsiderationForAcquisition
the consideration for the acquisition of 60% of the issued and paid-up share capital of VATA shall be satisfied by the total purchase consideration of Malaysia Ringgit MYR 2,250,000, which includes a first payment of Malaysia Ringgit MYR 100,000 upon the execution of the SSA Agreement, a second payment of Malaysia Ringgit MYR 150,000 within thirty (30) days from the date of fulfillment or waiver of all the conditions set out in the SSA Agreement, and the issuance of shares of the Company’s restricted Common Stock for the balance consideration of Malaysia Ringgit MYR 2,000,000 at a price per share of not more than ten percent (10%) discount from the immediate preceding five trading days volume weighted average price (“VWAP”) from the issuance date pursuant to the terms of the SSA Agreement
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1176200278 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
819188055 shares
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3998960 usd
CY2023 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-3998960 usd
CY2022 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-3954414 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023 vrdr Deferred Tax Assets
DeferredTaxAssets
1079890 usd
CY2023Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
5142333 usd
CY2023 vrdr Loss Before Income Taxes
LossBeforeIncomeTaxes
-228882 usd
CY2022 vrdr Loss Before Income Taxes
LossBeforeIncomeTaxes
-498702 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24 pure
CY2023 vrdr Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-54932 usd
CY2022 vrdr Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-119688 usd
CY2023 vrdr Non Deductible Items
NonDeductibleItems
26603 usd
CY2022 vrdr Non Deductible Items
NonDeductibleItems
4505 usd
CY2023 vrdr Carried Forward Tax Losses
CarriedForwardTaxLosses
2727 usd
CY2022 vrdr Carried Forward Tax Losses
CarriedForwardTaxLosses
0 usd
CY2023 vrdr Operating Income Loss1
OperatingIncomeLoss1
25602 usd
CY2022 vrdr Operating Income Loss1
OperatingIncomeLoss1
115183 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q2 vrdr Us Tax Regime
UsTaxRegime
1079890 usd
CY2022Q2 vrdr Us Tax Regime
UsTaxRegime
169688 usd
CY2023Q2 vrdr Malaysia Tax Regime
MalaysiaTaxRegime
113516 usd
CY2022Q2 vrdr Malaysia Tax Regime
MalaysiaTaxRegime
1259662 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1193406 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1429350 usd
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023 us-gaap Pension Expense
PensionExpense
19961 usd
CY2022 us-gaap Pension Expense
PensionExpense
7219 usd
CY2023Q2 us-gaap Shares Issued
SharesIssued
1375000 shares

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