2024 Q2 Form 10-Q Financial Statement

#000164033424000860 Filed on May 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $79.00
YoY Change -99.7%
Cost Of Revenue $264.00
YoY Change -99.4%
Gross Profit -$185.00
YoY Change -98.96%
Gross Profit Margin -234.18%
Selling, General & Admin $754.6K
YoY Change -7.53%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $104.4K
YoY Change 7.4%
% of Gross Profit
Operating Expenses $754.6K
YoY Change -192.47%
Operating Profit -$754.8K
YoY Change -9.47%
Interest Expense $45.18K
YoY Change 233.46%
% of Operating Profit
Other Income/Expense, Net -$111.0K
YoY Change -161.18%
Pretax Income -$865.8K
YoY Change 32.7%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$865.8K
YoY Change 22.23%
Net Earnings / Revenue -1095913.92%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 1.199B shares 1.192B shares
Diluted Shares Outstanding 1.184B shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $567.4K
YoY Change 135.07%
Cash & Equivalents $279.1K $567.4K
Short-Term Investments
Other Short-Term Assets $279.5K
YoY Change -56.43%
Inventory $309.1K $232.5K
Prepaid Expenses
Receivables $9.290K
Other Receivables $178.3K
Total Short-Term Assets $3.494M $1.267M
YoY Change 293.55% 27.31%
LONG-TERM ASSETS
Property, Plant & Equipment $2.916M $3.763M
YoY Change -27.27% -48.26%
Goodwill
YoY Change
Intangibles $33.16M
YoY Change
Long-Term Investments
YoY Change
Other Assets $80.00K
YoY Change -34.52%
Total Long-Term Assets $36.67M $37.54M
YoY Change -3.35% -1.86%
TOTAL ASSETS
Total Short-Term Assets $3.494M $1.267M
Total Long-Term Assets $36.67M $37.54M
Total Assets $40.16M $38.81M
YoY Change 3.44% -1.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.25K $207.3K
YoY Change 26.07% 605.92%
Accrued Expenses $625.3K
YoY Change 4.36%
Deferred Revenue
YoY Change
Short-Term Debt $211.4K
YoY Change 111.44%
Long-Term Debt Due $183.3K
YoY Change 6.86%
Total Short-Term Liabilities $2.478M $1.549M
YoY Change 67.76% 41.43%
LONG-TERM LIABILITIES
Long-Term Debt $1.129M
YoY Change -0.63%
Other Long-Term Liabilities $11.25K
YoY Change -85.01%
Total Long-Term Liabilities $91.17K $1.140M
YoY Change -91.9% -2.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.478M $1.549M
Total Long-Term Liabilities $91.17K $1.140M
Total Liabilities $2.569M $2.689M
YoY Change -1.29% 16.6%
SHAREHOLDERS EQUITY
Retained Earnings -$13.48M -$12.23M
YoY Change 30.97% 16.31%
Common Stock $1.199M $1.193M
YoY Change 1.97% 2286.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $37.59M $36.12M
YoY Change
Total Liabilities & Shareholders Equity $40.16M $38.81M
YoY Change 3.44% -1.12%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$865.8K
YoY Change 22.23%
Depreciation, Depletion And Amortization $104.4K
YoY Change 7.4%
Cash From Operating Activities -$537.2K
YoY Change -0.98%
INVESTING ACTIVITIES
Capital Expenditures $15.22K
YoY Change 243.57%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$15.22K
YoY Change -118.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 40.36K
YoY Change -78.37%
NET CHANGE
Cash From Operating Activities -537.2K
Cash From Investing Activities -15.22K
Cash From Financing Activities 40.36K
Net Change In Cash -512.1K
YoY Change 86.1%
FREE CASH FLOW
Cash From Operating Activities -$537.2K
Capital Expenditures $15.22K
Free Cash Flow -$552.4K
YoY Change 1.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 vrdr Annualized Average Foreign Currency Exchange Rate
AnnualizedAverageForeignCurrencyExchangeRate
0.21376 pure
CY2023Q1 vrdr Annualized Average Foreign Currency Exchange Rate
AnnualizedAverageForeignCurrencyExchangeRate
0.22328 pure
CY2023Q2 vrdr Due To Related Party Current
DueToRelatedPartyCurrent
369729 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200409 usd
vrdr Long Term Debt Terms
LongTermDebtTerms
P60Y
CY2023Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.22609 pure
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
230124 usd
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
93583 usd
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
2406 usd
CY2023Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
2453 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
232530 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
96036 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4282653 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
583139 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
273757 usd
CY2024Q1 vrdr Foreign Exchange Adjustment Of Property Plant And Equipment
ForeignExchangeAdjustmentOfPropertyPlantAndEquipment
-20245 usd
CY2023Q2 vrdr Foreign Exchange Adjustment Of Property Plant And Equipment
ForeignExchangeAdjustmentOfPropertyPlantAndEquipment
194 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3763068 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4009090 usd
vrdr Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
P2Y
CY2023Q2 us-gaap Mineral Rights
MineralRights
0 usd
CY2022Q2 us-gaap Mineral Rights
MineralRights
27088 usd
vrdr Amortization Of Mining Right
AmortizationOfMiningRight
0 usd
CY2023 vrdr Amortization Of Mining Right
AmortizationOfMiningRight
-21832 usd
vrdr Foreign Exchange Adjustment
ForeignExchangeAdjustment
0 usd
CY2023 vrdr Foreign Exchange Adjustment
ForeignExchangeAdjustment
-363 usd
vrdr Disposal Of Subsidiary
DisposalOfSubsidiary
0 usd
CY2023 vrdr Disposal Of Subsidiary
DisposalOfSubsidiary
-4893 usd
vrdr Amortization Charge Of Rights Of Use Lease Assets
AmortizationChargeOfRightsOfUseLeaseAssets
0 usd
CY2023Q1 vrdr Amortization Charge Of Rights Of Use Lease Assets
AmortizationChargeOfRightsOfUseLeaseAssets
7418 usd
CY2024Q1 vrdr Amortization Charge Of Rights Of Use Lease Assets
AmortizationChargeOfRightsOfUseLeaseAssets
0 usd
vrdr Amortization Charge Of Rights Of Use Lease Assets
AmortizationChargeOfRightsOfUseLeaseAssets
21812 usd
dei Entity Central Index Key
EntityCentralIndexKey
0001506929
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2023Q2 vrdr Common Stock Shares To Be Issued Per Share Amount
CommonStockSharesToBeIssuedPerShareAmount
0.001
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1193126346 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1176200278 shares
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2023Q1 vrdr Allowance For Doubtful Other Receivable
AllowanceForDoubtfulOtherReceivable
0 usd
vrdr Allowance For Doubtful Other Receivable
AllowanceForDoubtfulOtherReceivable
0 usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-55276
dei Entity Registrant Name
EntityRegistrantName
Verde Resources, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
32-0457838
dei Entity Address Address Line1
EntityAddressAddressLine1
2 Cityplace Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 200
dei Entity Address City Or Town
EntityAddressCityOrTown
St. Louis
dei Entity Address State Or Province
EntityAddressStateOrProvince
MO
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
63141
dei City Area Code
CityAreaCode
323
dei Local Phone Number
LocalPhoneNumber
538-5799
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1199063175 shares
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
567396 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200409 usd
CY2024Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
9289 usd
CY2023Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
12071 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
232530 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
96036 usd
CY2024Q1 vrdr Due From Related Party Current
DueFromRelatedPartyCurrent
100 usd
CY2023Q2 vrdr Due From Related Party Current
DueFromRelatedPartyCurrent
100 usd
CY2024Q1 us-gaap Advances To Affiliate
AdvancesToAffiliate
177200 usd
CY2023Q2 us-gaap Advances To Affiliate
AdvancesToAffiliate
177200 usd
CY2024Q1 us-gaap Deposit Assets
DepositAssets
265737 usd
CY2023Q2 us-gaap Deposit Assets
DepositAssets
375680 usd
CY2024Q1 us-gaap Other Receivables
OtherReceivables
14701 usd
CY2023Q2 us-gaap Other Receivables
OtherReceivables
26436 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
1266953 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
887932 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3763068 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4009090 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
540745 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
633109 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
33156011 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
33191991 usd
CY2024Q1 us-gaap Security Deposit
SecurityDeposit
80000 usd
CY2023Q2 us-gaap Security Deposit
SecurityDeposit
80000 usd
CY2024Q1 vrdr Deposit Paid For Acquisition Of Subsidiaries
DepositPaidForAcquisitionOfSubsidiaries
0 usd
CY2023Q2 vrdr Deposit Paid For Acquisition Of Subsidiaries
DepositPaidForAcquisitionOfSubsidiaries
21423 usd
CY2024Q1 us-gaap Noncurrent Assets
NoncurrentAssets
37539824 usd
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
37935613 usd
CY2024Q1 us-gaap Assets
Assets
38806777 usd
CY2023Q2 us-gaap Assets
Assets
38823545 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
207257 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
73171 usd
CY2024Q1 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
601546 usd
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
640769 usd
CY2024Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
183314 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
172184 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
23782 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20768 usd
CY2024Q1 srt Bank Loans
BankLoans
211440 usd
CY2023Q2 srt Bank Loans
BankLoans
191000 usd
CY2024Q1 vrdr Amountduetoadirector Liability
AmountduetoadirectorLiability
4497 usd
CY2023Q2 vrdr Amountduetoadirector Liability
AmountduetoadirectorLiability
9660 usd
CY2024Q1 vrdr Amounts Due To Related Parties Current
AmountsDueToRelatedPartiesCurrent
317332 usd
CY2023Q2 vrdr Amounts Due To Related Parties Current
AmountsDueToRelatedPartiesCurrent
369729 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1549168 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1477281 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
565264 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
608455 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
11249 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
29483 usd
CY2024Q1 us-gaap Senior Notes Current
SeniorNotesCurrent
563581 usd
CY2023Q2 us-gaap Senior Notes Current
SeniorNotesCurrent
487790 usd
CY2024Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1140094 usd
CY2023Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1125728 usd
CY2024Q1 us-gaap Liabilities
Liabilities
2689262 usd
CY2023Q2 us-gaap Liabilities
Liabilities
2603009 usd
CY2024Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000000 shares
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1193126346 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1176200278 shares
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
1193127 usd
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
1176200 usd
CY2024Q1 vrdr Common Stock Shares To Be Issued Per Share Amount
CommonStockSharesToBeIssuedPerShareAmount
0.001
CY2024Q1 vrdr Common Stock Shares To Issued New Shares
CommonStockSharesToIssuedNewShares
3376352 shares
CY2023Q2 vrdr Common Stock Shares To Issued New Shares
CommonStockSharesToIssuedNewShares
0 shares
CY2024Q1 us-gaap Common Stock Held By Subsidiary
CommonStockHeldBySubsidiary
3376 usd
CY2023Q2 us-gaap Common Stock Held By Subsidiary
CommonStockHeldBySubsidiary
0 usd
CY2024Q1 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
375 usd
CY2023Q2 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
0 usd
CY2024Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
47225252 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
45415958 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-69864 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-79192 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-12234001 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10292430 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
36117515 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
36220536 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38806777 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38823545 usd
CY2024Q1 us-gaap Revenues
Revenues
79 usd
CY2023Q1 us-gaap Revenues
Revenues
10690 usd
us-gaap Revenues
Revenues
7853 usd
us-gaap Revenues
Revenues
94921 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
264 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
44308 usd
us-gaap Cost Of Revenue
CostOfRevenue
7012 usd
us-gaap Cost Of Revenue
CostOfRevenue
123903 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
-185 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
-33618 usd
us-gaap Gross Profit
GrossProfit
841 usd
us-gaap Gross Profit
GrossProfit
-28982 usd
CY2024Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
754623 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
816089 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1867418 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2381155 usd
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
754623 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
816089 usd
us-gaap Operating Expenses
OperatingExpenses
1867418 usd
us-gaap Operating Expenses
OperatingExpenses
2381155 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-754808 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-849707 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1866577 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2410137 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
45180 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
13549 usd
us-gaap Interest Expense
InterestExpense
130103 usd
us-gaap Interest Expense
InterestExpense
1893209 usd
CY2024Q1 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
15896 usd
CY2023Q1 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
15896 usd
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
49996 usd
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
39117 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-81680 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
194917 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5113 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
196514 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-110964 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
197264 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-74994 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1657578 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-865772 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-652443 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1941571 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4067715 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-865772 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-652443 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1941571 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-4067715 usd
CY2024Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-55884 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-157284 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-865772 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-708327 usd
us-gaap Net Income Loss
NetIncomeLoss
-1941571 usd
us-gaap Net Income Loss
NetIncomeLoss
-4224999 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
16064 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
154912 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9328 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
143544 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-849708 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-553415 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1932243 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4081455 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2024Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1184245979 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
967932561 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1184245979 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
967932561 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1184245979 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
979305136 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1184245979 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
979305136 shares
us-gaap Profit Loss
ProfitLoss
-1941571 usd
us-gaap Profit Loss
ProfitLoss
-4224999 usd
us-gaap Accumulated Depreciation Depletion And Amortization Reclassifications From Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1
312056 usd
us-gaap Accumulated Depreciation Depletion And Amortization Reclassifications From Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationReclassificationsFromPropertyPlantAndEquipment1
177074 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
77144 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
98954 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
78726 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
448123 usd
vrdr Finance Cost Interest Element Of Promissory Notes Non Cash
FinanceCostInterestElementOfPromissoryNotesNonCash
75791 usd
vrdr Finance Cost Interest Element Of Promissory Notes Non Cash
FinanceCostInterestElementOfPromissoryNotesNonCash
1870972 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
35137 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22237 usd
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
0 usd
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
-194865 usd
vrdr Payments Of Deposit For Acquisition Of Subsidiary Company
PaymentsOfDepositForAcquisitionOfSubsidiaryCompany
21376 usd
vrdr Payments Of Deposit For Acquisition Of Subsidiary Company
PaymentsOfDepositForAcquisitionOfSubsidiaryCompany
0 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2056 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
0 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
29926 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
0 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-600 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
661 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7196 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-29130 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-96124 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-137647 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-10600 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
134827 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
25970 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-37118 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
183312 usd
vrdr Increase Discrease In Advanced From Director
IncreaseDiscreaseInAdvancedFromDirector
-5163 usd
vrdr Increase Discrease In Advanced From Director
IncreaseDiscreaseInAdvancedFromDirector
-5761 usd
vrdr Advanced From Related Parties
AdvancedFromRelatedParties
20102 usd
vrdr Advanced From Related Parties
AdvancedFromRelatedParties
165792 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1362827 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1533319 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000 usd
vrdr Proceedfromdisposalofdiscontinuedoperationnet
Proceedfromdisposalofdiscontinuedoperationnet
0 usd
vrdr Proceedfromdisposalofdiscontinuedoperationnet
Proceedfromdisposalofdiscontinuedoperationnet
107824 usd
vrdr Net Cash Flows On Acquisition Of Subsidiary Company
NetCashFlowsOnAcquisitionOfSubsidiaryCompany
0 usd
vrdr Net Cash Flows On Acquisition Of Subsidiary Company
NetCashFlowsOnAcquisitionOfSubsidiaryCompany
-22609 usd
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
0 usd
us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
1140 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
16621 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
473895 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16621 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-364540 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
101719 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
56356 usd
vrdr Drawdown Of Bank Loan
DrawdownOfBankLoan
50000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
302352 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-320172 usd
vrdr Drawdown Of Bank Loan
DrawdownOfBankLoan
150000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
29560 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
50000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
35137 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
22237 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
55375 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
136837 usd
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1661379 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1556280 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1681800 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1577687 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
64635 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
142626 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
366987 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-177546 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
CY2024Q1 vrdr Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalent
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalent
567396 usd
CY2023Q1 vrdr Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalent
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalent
241371 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
36220536 usd
vrdr Shares To Be Issued To Service Provider Amount
SharesToBeIssuedToServiceProviderAmount
134000 usd
vrdr Shares Issued For Private Placement Amount
SharesIssuedForPrivatePlacementAmount
1491828 usd
vrdr Common Stock Subject To Forfeiture Amount
CommonStockSubjectToForfeitureAmount
-175985 usd
vrdr Shares To Be Issued For Private Placement Amount
SharesToBeIssuedForPrivatePlacementAmount
50001 usd
us-gaap Net Income Loss
NetIncomeLoss
-1075799 usd
vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
-6736 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
36637845 usd
CY2024Q1 vrdr Shares Issued For Previously Committed Private Placement
SharesIssuedForPreviouslyCommittedPrivatePlacement
0 usd
CY2024Q1 vrdr Shares Previously Committed Issued To Service Provider
SharesPreviouslyCommittedIssuedToServiceProvider
0 usd
CY2024Q1 vrdr Shares To Be Issued For Private Placement Amount
SharesToBeIssuedForPrivatePlacementAmount
329378 usd
CY2024Q1 vrdr Shares Cancelled Amount
SharesCancelledAmount
-295 usd
CY2024Q1 vrdr Shares To Be Issued To Service Provider Amount
SharesToBeIssuedToServiceProviderAmount
295 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-865772 usd
CY2024Q1 vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
16064 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
36117515 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
14148917 usd
vrdr Share Issued To Service Provider Amount
ShareIssuedToServiceProviderAmount
875500 usd
vrdr Shares Issued For Private Placement Amount
SharesIssuedForPrivatePlacementAmount
1397280 usd
vrdr Shares Issued For Conversion Of Promissory Note Pn Amount
SharesIssuedForConversionOfPromissoryNotePnAmount
20355000 usd
vrdr Fair Value Adjustment On Conversion Of Pn
FairValueAdjustmentOnConversionOfPn
4064450 usd
us-gaap Net Income Loss
NetIncomeLoss
-3516672 usd
vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
-11368 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
37313107 usd
CY2023Q1 vrdr Shares Issued To Service Provider Amount
SharesIssuedToServiceProviderAmount
50000 usd
CY2023Q1 vrdr Shares To Be Issued For Private Placement Amount
SharesToBeIssuedForPrivatePlacementAmount
130000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-708327 usd
CY2023Q1 vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
154912 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
36939692 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the 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:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">In preparing these unaudited condensed consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents, accounts receivable and related party receivables, advance to suppliers and other receivables and deposits. 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 also assesses the financial strength and credit worthiness of any parties to which it extends funds or trades with, and as such, it believes that any associated credit risk exposures are limited.</p>
vrdr Risks And Uncertainties Policytextblock
RisksAndUncertaintiesPolicytextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company is venturing into the production and distribution of renewable commodities that are subject to significant risks and uncertainties, including financial, operational, technological, and other risks associated with a production operation for renewable commodities, including the potential risk of business failure.</p>
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
567396 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
2056 usd
CY2024Q1 vrdr Allowance For Doubtful Other Receivable
AllowanceForDoubtfulOtherReceivable
0 usd
vrdr Allowance For Doubtful Other Receivable
AllowanceForDoubtfulOtherReceivable
29926 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2024Q1 us-gaap Depreciation
Depreciation
104358 usd
CY2023Q1 us-gaap Depreciation
Depreciation
97167 usd
us-gaap Depreciation
Depreciation
312056 usd
us-gaap Depreciation
Depreciation
177074 usd
CY2024Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.21166 pure
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-12234001 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4366452 usd
CY2024Q1 us-gaap Depreciation
Depreciation
104358 usd
CY2023Q1 us-gaap Depreciation
Depreciation
97167 usd
us-gaap Depreciation
Depreciation
312056 usd
us-gaap Depreciation
Depreciation
177074 usd
CY2024Q1 vrdr Land And Building Net
LandAndBuildingNet
707358 usd
CY2023Q2 vrdr Land And Building Net
LandAndBuildingNet
723981 usd
CY2024Q1 vrdr Plant And Machinery Net
PlantAndMachineryNet
256091 usd
CY2024Q1 vrdr Motor Vehicles Net
MotorVehiclesNet
549157 usd
CY2023Q2 vrdr Plant And Machinery Net
PlantAndMachineryNet
95701 usd
CY2023Q2 vrdr Motor Vehicles Net
MotorVehiclesNet
553674 usd
CY2023Q2 us-gaap Payments For Rent
PaymentsForRent
62260 usd
CY2024Q1 vrdr Due To Related Party Current
DueToRelatedPartyCurrent
317332 usd
CY2024Q1 us-gaap Notes Payable To Bank
NotesPayableToBank
563581 usd
CY2023Q2 us-gaap Notes Payable To Bank
NotesPayableToBank
487790 usd
CY2022Q1 us-gaap Share Price
SharePrice
0.0611
CY2022Q4 vrdr Issuance Shares Of Restricted Common Stock
IssuanceSharesOfRestrictedCommonStock
333142389 shares
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.0611
CY2024Q1 vrdr Interest Expenses
InterestExpenses
26301 usd
CY2023Q1 vrdr Interest Expenses
InterestExpenses
0 usd
CY2024Q1 vrdr Interest Payable Attributable To Promissory Notes
InterestPayableAttributableToPromissoryNotes
3366 usd
CY2023Q1 vrdr Interest Payable Attributable To Promissory Notes
InterestPayableAttributableToPromissoryNotes
0 usd
vrdr Interest Expenses
InterestExpenses
75791 usd
vrdr Interest Expenses
InterestExpenses
1870972 usd
vrdr Interest On Debt Notes Rate
InterestOnDebtNotesRate
0.02 pure
vrdr Interest Payable Attributable To Promissory Notes
InterestPayableAttributableToPromissoryNotes
10171 usd
vrdr Interest Payable Attributable To Promissory Notes
InterestPayableAttributableToPromissoryNotes
0 usd
vrdr Weighted Average Incremental Borrowing Rate
WeightedAverageIncrementalBorrowingRate
0.05 pure
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
540745 usd
CY2024Q1 vrdr Lease Liability Operating And Finance
LeaseLiabilityOperatingAndFinance
783609 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
633109 usd
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
295076 shares
CY2023Q2 vrdr Lease Liability Operating And Finance
LeaseLiabilityOperatingAndFinance
830890 usd
CY2024Q1 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
31017 usd
CY2023Q1 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
30141 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
92364 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
87169 usd
us-gaap Lease Income
LeaseIncome
720000 usd
vrdr Lease Term
LeaseTerm
P7Y
CY2024Q1 vrdr Lease Liability Accretion
LeaseLiabilityAccretion
1756 usd
vrdr Lease Liability Accretion
LeaseLiabilityAccretion
5960 usd
CY2023Q1 vrdr Lease Liability Accretion
LeaseLiabilityAccretion
2633 usd
vrdr Lease Liability Accretion
LeaseLiabilityAccretion
6445 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
35137 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22237 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
98324 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
93614 usd
vrdr Lease Expense Operating And Finance
LeaseExpenseOperatingAndFinance
133461 usd
vrdr Lease Expense Operating And Finance
LeaseExpenseOperatingAndFinance
115851 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
217099 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
200626 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
188860 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
139475 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
98758 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
71456 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
916274 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
132665 usd
CY2024Q1 vrdr Lease Liability Operating And Finance
LeaseLiabilityOperatingAndFinance
783609 usd
CY2024Q1 vrdr Operating And Finance Lease Labilities Current
OperatingAndFinanceLeaseLabilitiesCurrent
207096 usd
CY2024Q1 vrdr Operating And Finance Lease Labilities Non Current
OperatingAndFinanceLeaseLabilitiesNonCurrent
576513 usd
CY2024Q1 vrdr Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
783609 usd
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1193126346 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1176200278 shares
CY2024Q1 us-gaap Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
3376352 shares
CY2023Q2 us-gaap Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
0 shares
CY2024Q1 vrdr Common Stock Cancelled
CommonStockCancelled
375000 shares
CY2023Q2 vrdr Common Stock Cancelled
CommonStockCancelled
0 shares
us-gaap Reclassifications
Reclassifications
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 23 –</strong> <strong>RECLASSIFICATION</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="font-size:10pt;font-family:times new roman;margin:0px">Certain prior period amounts have been reclassified to conform to the current period’s presentation. These reclassifications had no impact on reported income or losses and are considered to be immaterial.</p>
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-1941571 usd
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-4067715 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
vrdr Deferred Tax Assets
DeferredTaxAssets
1297756 usd
CY2024Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
6179789 usd
vrdr Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance Three
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowanceThree
0.80 pure
vrdr Loss Before Income Taxes
LossBeforeIncomeTaxes
-423444 usd
vrdr Loss Before Income Taxes
LossBeforeIncomeTaxes
-375897 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24 pure
vrdr Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-101627 usd
vrdr Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-90215 usd
vrdr Non Deductible Items
NonDeductibleItems
39148 usd
vrdr Non Deductible Items
NonDeductibleItems
9850 usd
vrdr Operating Losses Unable To Carried Forward
OperatingLossesUnableToCarriedForward
998 usd
vrdr Operating Losses Unable To Carried Forward
OperatingLossesUnableToCarriedForward
2144 usd
vrdr Valuation Allowance
ValuationAllowance
61481 usd
vrdr Valuation Allowance
ValuationAllowance
78221 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q1 vrdr Us Tax Regime
UsTaxRegime
1297756 usd
CY2023Q2 vrdr Us Tax Regime
UsTaxRegime
962630 usd
CY2024Q1 vrdr Malaysia Tax Regime
MalaysiaTaxRegime
179647 usd
CY2023Q2 vrdr Malaysia Tax Regime
MalaysiaTaxRegime
1380182 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1477403 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2342812 usd
CY2024Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
us-gaap Pension Contributions
PensionContributions
11057 usd
us-gaap Pension Contributions
PensionContributions
22335 usd

Files In Submission

Name View Source Status
0001640334-24-000860-index-headers.html Edgar Link pending
0001640334-24-000860-index.html Edgar Link pending
0001640334-24-000860.txt Edgar Link pending
0001640334-24-000860-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vrdr-20240331.xsd Edgar Link pending
vrdr_10q.htm Edgar Link pending
vrdr_10qimg2.jpg Edgar Link pending
vrdr_ex311.htm Edgar Link pending
vrdr_ex312.htm Edgar Link pending
vrdr_ex321.htm Edgar Link pending
vrdr-20240331_cal.xml Edgar Link unprocessable
vrdr-20240331_def.xml Edgar Link unprocessable
vrdr-20240331_lab.xml Edgar Link unprocessable
vrdr-20240331_pre.xml Edgar Link unprocessable
vrdr_10q_htm.xml Edgar Link completed