2024 Q3 Form 10-K Financial Statement

#000164033424001530 Filed on October 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $125.6K $96.58K
YoY Change 579.56% -38.91%
Cost Of Revenue $49.60K $62.98K
YoY Change -29.67% -73.56%
Gross Profit $75.97K $33.61K
YoY Change -246.0% -141.98%
Gross Profit Margin 60.5% 34.79%
Selling, General & Admin $812.6K $2.882M
YoY Change 77.96% -10.37%
% of Gross Profit 1069.53% 8576.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $70.23K $417.5K
YoY Change -31.55% 63.83%
% of Gross Profit 92.44% 1242.39%
Operating Expenses -$867.7K -$3.119M
YoY Change 90.03% -197.0%
Operating Profit $791.7K -$3.086M
YoY Change -255.65% -6.38%
Interest Expense $97.83K $176.5K
YoY Change 137.42% -90.8%
% of Operating Profit 12.36%
Other Income/Expense, Net -$101.8K
YoY Change -85.51%
Pretax Income $354.7K -$3.188M
YoY Change -164.56% -20.29%
Income Tax $0.00 -$112.00
% Of Pretax Income 0.0%
Net Earnings $354.7K -$3.188M
YoY Change -164.56% -20.28%
Net Earnings / Revenue 282.48% -3300.52%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 1.240B shares 1.199B shares 1.188B shares
Diluted Shares Outstanding 1.224B shares 1.188B shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $874.2K $279.1K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $278.8K $309.1K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.476M $3.494M
YoY Change 156.1% 293.55%
LONG-TERM ASSETS
Property, Plant & Equipment $3.074M $2.916M
YoY Change -21.12% -27.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $37.22M $36.67M
YoY Change -1.42% -3.35%
TOTAL ASSETS
Total Short-Term Assets $4.476M $3.494M
Total Long-Term Assets $37.22M $36.67M
Total Assets $41.69M $40.16M
YoY Change 5.55% 3.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $88.26K $92.25K
YoY Change -2.1% 26.07%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.303M $2.478M
YoY Change -20.58% 67.76%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $80.05K $91.17K
YoY Change -92.81% -91.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.303M $2.478M
Total Long-Term Liabilities $80.05K $91.17K
Total Liabilities $1.383M $2.569M
YoY Change -49.79% -1.29%
SHAREHOLDERS EQUITY
Retained Earnings -$13.13M -$13.48M
YoY Change 21.06% 30.97%
Common Stock $1.241M $1.199M
YoY Change 5.5% 1.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $40.31M $37.59M
YoY Change
Total Liabilities & Shareholders Equity $41.69M $40.16M
YoY Change 5.55% 3.44%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $354.7K -$3.188M
YoY Change -164.56% -20.28%
Depreciation, Depletion And Amortization $70.23K $417.5K
YoY Change -31.55% 63.83%
Cash From Operating Activities -$437.2K -$2.042M
YoY Change 24.74% 23.25%
INVESTING ACTIVITIES
Capital Expenditures $16.65K
YoY Change -96.65%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $1.291M -$2.017M
YoY Change 419.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.108M
YoY Change 160.64%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.876K $4.082M
YoY Change -100.13% 150.68%
NET CHANGE
Cash From Operating Activities -$437.2K -$2.042M
Cash From Investing Activities $1.291M -$2.017M
Cash From Financing Activities -$1.876K $4.082M
Net Change In Cash $845.1K $78.73K
YoY Change -19.39% -136.03%
FREE CASH FLOW
Cash From Operating Activities -$437.2K -$2.042M
Capital Expenditures $16.65K
Free Cash Flow -$2.059M
YoY Change -4.43%

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CY2023 vrdr Impairment On Advance To Supplier
ImpairmentOnAdvanceToSupplier
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CY2024 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
134042 usd
CY2023 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2024 us-gaap Inventory Write Down
InventoryWriteDown
15587 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2024 vrdr Inventories Written Off
InventoriesWrittenOff
5978 usd
CY2023 vrdr Inventories Written Off
InventoriesWrittenOff
0 usd
CY2024 vrdr Payment To Acquire Equity And Property Plant And Equipment
PaymentToAcquireEquityAndPropertyPlantAndEquipment
3979 usd
CY2023 vrdr Payment To Acquire Equity And Property Plant And Equipment
PaymentToAcquireEquityAndPropertyPlantAndEquipment
0 usd
CY2024 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
0 usd
CY2023 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
980714 usd
CY2024 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
600 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
81427 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7785 usd
CY2024 vrdr Increase Decrease In Other Deposits And Prepayments
IncreaseDecreaseInOtherDepositsAndPrepayments
22918 usd
CY2023 vrdr Increase Decrease In Other Deposits And Prepayments
IncreaseDecreaseInOtherDepositsAndPrepayments
846 usd
CY2024 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
6656 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
103624 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
235677 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
13850 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
19725 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
75768 usd
CY2024 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-38272 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
403259 usd
CY2024 vrdr Increase Discrease In Advanced From Director
IncreaseDiscreaseInAdvancedFromDirector
-5472 usd
CY2023 vrdr Increase Discrease In Advanced From Director
IncreaseDiscreaseInAdvancedFromDirector
-12877 usd
CY2024 vrdr Increase Decrease In Due To Related Party
IncreaseDecreaseInDueToRelatedParty
30640 usd
CY2023 vrdr Increase Decrease In Due To Related Party
IncreaseDecreaseInDueToRelatedParty
348913 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2042064 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1656896 usd
CY2024 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000 usd
CY2024 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 usd
CY2023 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
21423 usd
CY2024 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 usd
CY2023 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
106647 usd
CY2024 vrdr Proceeds From Acquisition Of Subsidiary
ProceedsFromAcquisitionOfSubsidiary
0 usd
CY2023 vrdr Proceeds From Acquisition Of Subsidiary
ProceedsFromAcquisitionOfSubsidiary
1140 usd
CY2024 vrdr Payment For Placement Of Deposit With Bank
PaymentForPlacementOfDepositWithBank
2000000 usd
CY2023 vrdr Payment For Placement Of Deposit With Bank
PaymentForPlacementOfDepositWithBank
0 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16646 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
497302 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2024 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
138156 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
102234 usd
CY2024 vrdr Drawdown Of Bank Loan
DrawdownOfBankLoan
50000 usd
CY2023 vrdr Drawdown Of Bank Loan
DrawdownOfBankLoan
301000 usd
CY2024 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
29560 usd
CY2023 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
110000 usd
CY2024 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
136983 usd
CY2023 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
0 usd
CY2024 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
45926 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
36765 usd
CY2024 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4108379 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4081720 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
23010 usd
CY2024 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55718 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
198045 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
78728 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200409 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
279137 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200409 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2024 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
875500 usd
CY2023 vrdr Stock Issued For Previously Committed Private Placement Amount
StockIssuedForPreviouslyCommittedPrivatePlacementAmount
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CY2023 vrdr Stock Issued During Period Value Issued For Private Placement
StockIssuedDuringPeriodValueIssuedForPrivatePlacement
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CY2023 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
20355000 usd
CY2023 vrdr Fair Value Adjustment On Conversion Of Promissory Notes
FairValueAdjustmentOnConversionOfPromissoryNotes
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
-12631 usd
CY2023 vrdr Cumulative Translation Adjustment Transferred To Profit Loss
CumulativeTranslationAdjustmentTransferredToProfitLoss
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
36220536 usd
CY2024 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
100000 usd
CY2024 vrdr Stock Issued During Period Value Issued For Private Placement
StockIssuedDuringPeriodValueIssuedForPrivatePlacement
2151207 usd
CY2024 vrdr Shares To Be Issued For Private Placement Amount
SharesToBeIssuedForPrivatePlacementAmount
2167000 usd
CY2024 vrdr Common Stock Value Forfeited
CommonStockValueForfeited
-176280 usd
CY2024 vrdr Cancellation Of Common Stock Amount
CancellationOfCommonStockAmount
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CY2024 vrdr Shares To Be Issued To Service Providers
SharesToBeIssuedToServiceProviders
139191 usd
CY2024 vrdr Shares To Be Issued To Employee
SharesToBeIssuedToEmployee
135679 usd
CY2024 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
107040 usd
CY2024 vrdr Stock Issued During Period Value Reissued
StockIssuedDuringPeriodValueReissued
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CY2024 us-gaap Net Income Loss
NetIncomeLoss
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CY2024 vrdr Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
7286 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
279137 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
200409 usd
CY2024Q2 us-gaap Investment Interest Rate
InvestmentInterestRate
0.0464 pure
CY2024 vrdr Long Term Debt Terms
LongTermDebtTerms
P60D
CY2024 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
27481 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2024 vrdr Allowance For Doubtful Other Receivable
AllowanceForDoubtfulOtherReceivable
29842 usd
CY2023 vrdr Allowance For Doubtful Other Receivable
AllowanceForDoubtfulOtherReceivable
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CY2024 us-gaap Inventory Write Down
InventoryWriteDown
15587 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2024 vrdr Inventories Written Off
InventoriesWrittenOff
5978 usd
CY2023 vrdr Inventories Written Off
InventoriesWrittenOff
0 usd
CY2024 us-gaap Depreciation
Depreciation
417517 usd
CY2023 us-gaap Depreciation
Depreciation
254852 usd
CY2024 vrdr Plant And Machinery Written Off
PlantAndMachineryWrittenOff
3979 usd
CY2023 vrdr Plant And Machinery Written Off
PlantAndMachineryWrittenOff
0 usd
CY2024 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
134042 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2024 vrdr Goods And Services Intangible Assets Written Off
GoodsAndServicesIntangibleAssetsWrittenOff
177200 usd
CY2023 vrdr Goods And Services Intangible Assets Written Off
GoodsAndServicesIntangibleAssetsWrittenOff
0 usd
CY2024Q2 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
4.71717 pure
CY2023Q2 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
4.66795 pure
CY2024Q2 vrdr Annualized Average Foreign Currency Exchange Rate
AnnualizedAverageForeignCurrencyExchangeRate
4.69230 pure
CY2023Q2 vrdr Annualized Average Foreign Currency Exchange Rate
AnnualizedAverageForeignCurrencyExchangeRate
4.50684 pure
CY2024 vrdr Stock Based Compensation Consultants
StockBasedCompensationConsultants
252369 usd
CY2023 vrdr Stock Based Compensation Consultants
StockBasedCompensationConsultants
519671 usd
CY2024 vrdr Stock Based Compensation Employee
StockBasedCompensationEmployee
135679 usd
CY2023 vrdr Stock Based Compensation Employee
StockBasedCompensationEmployee
0 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-13480204 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
309144 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
96036 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4366477 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4282653 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
688600 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
273757 usd
CY2024Q2 vrdr Impairment Of Long Lived Asset Held For Use
ImpairmentOfLongLivedAssetHeldForUse
-134042 usd
CY2023Q2 vrdr Impairment Of Long Lived Asset Held For Use
ImpairmentOfLongLivedAssetHeldForUse
0 usd
CY2024Q2 vrdr Transfer To Assets Held For Sale
TransferToAssetsHeldForSale
-606043 usd
CY2023Q2 vrdr Transfer To Assets Held For Sale
TransferToAssetsHeldForSale
0 usd
CY2024Q2 vrdr Property Plant And Equipment Written Off
PropertyPlantAndEquipmentWrittenOff
3957 usd
CY2023Q2 vrdr Property Plant And Equipment Written Off
PropertyPlantAndEquipmentWrittenOff
0 usd
CY2024Q2 vrdr Foreign Exchange Adjustment Of Property Plant And Equipment
ForeignExchangeAdjustmentOfPropertyPlantAndEquipment
-17829 usd
CY2023Q2 vrdr Foreign Exchange Adjustment Of Property Plant And Equipment
ForeignExchangeAdjustmentOfPropertyPlantAndEquipment
194 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2916006 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4009090 usd
CY2024 us-gaap Depreciation
Depreciation
417517 usd
CY2023 us-gaap Depreciation
Depreciation
254852 usd
CY2024 vrdr Plant And Machinery Written Off
PlantAndMachineryWrittenOff
3979 usd
CY2023 vrdr Plant And Machinery Written Off
PlantAndMachineryWrittenOff
0 usd
CY2024Q2 vrdr Land And Building Net
LandAndBuildingNet
701817 usd
CY2023Q2 vrdr Land And Building Net
LandAndBuildingNet
723981 usd
CY2024Q2 vrdr Plant And Machinery Net
PlantAndMachineryNet
7688 usd
CY2024Q2 vrdr Motor Vehicles Net
MotorVehiclesNet
98362 usd
CY2023Q2 vrdr Plant And Machinery Net
PlantAndMachineryNet
295701 usd
CY2023Q2 vrdr Motor Vehicles Net
MotorVehiclesNet
553674 usd
CY2024Q2 vrdr Impairment Of Long Lived Asset Held For Uses
ImpairmentOfLongLivedAssetHeldForUses
134042 usd
CY2024Q2 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.09 pure
CY2024Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Other
AssetsHeldForSaleNotPartOfDisposalGroupOther
606043 usd
CY2023Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Other
AssetsHeldForSaleNotPartOfDisposalGroupOther
0 usd
CY2024 vrdr Impaired Asset To Be Disposed Of By Method Other Than Sale Carrying Value Of Asset
ImpairedAssetToBeDisposedOfByMethodOtherThanSaleCarryingValueOfAsset
580989 usd
CY2024Q2 vrdr Plant And Machinery Net Carrying Value
PlantAndMachineryNetCarryingValue
168994 usd
CY2024Q2 vrdr Motors Vehicle Net
MotorsVehicleNet
350217 usd
CY2023Q2 us-gaap Payments For Rent
PaymentsForRent
62260 usd
CY2024 vrdr Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
P2Y
CY2023Q2 us-gaap Mineral Rights
MineralRights
0 usd
CY2022Q2 us-gaap Mineral Rights
MineralRights
27088 usd
CY2024 vrdr Amortization Of Mining Right
AmortizationOfMiningRight
0 usd
CY2023 vrdr Amortization Of Mining Right
AmortizationOfMiningRight
-21832 usd
CY2024 vrdr Foreign Exchange Adjustment
ForeignExchangeAdjustment
0 usd
CY2023 vrdr Foreign Exchange Adjustment
ForeignExchangeAdjustment
363 usd
CY2024 vrdr Disposal Of Subsidiary
DisposalOfSubsidiary
0 usd
CY2023 vrdr Disposal Of Subsidiary
DisposalOfSubsidiary
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CY2024Q2 us-gaap Mineral Rights
MineralRights
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CY2023Q2 us-gaap Mineral Rights
MineralRights
0 usd
CY2024 vrdr Amortization Charge Of Rights Of Use Lease Assets
AmortizationChargeOfRightsOfUseLeaseAssets
0 usd
CY2023 vrdr Amortization Charge Of Rights Of Use Lease Assets
AmortizationChargeOfRightsOfUseLeaseAssets
21832 usd
CY2023Q2 vrdr Due To Related Party Current
DueToRelatedPartyCurrent
327867 usd
CY2024Q2 vrdr Due To Related Party Current
DueToRelatedPartyCurrent
369729 usd
CY2024Q2 us-gaap Notes Payable To Bank
NotesPayableToBank
591170 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
CY2024Q3 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
675888 usd
CY2024Q3 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
9655542 shares
CY2024 us-gaap Interest Expense Debt
InterestExpenseDebt
103380 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
0 usd
CY2023 vrdr Interest On Debt Notes Rate
InterestOnDebtNotesRate
0.02 pure
CY2024 vrdr Interest Payable Attributable To Promissory Notes
InterestPayableAttributableToPromissoryNotes
13536 usd
CY2023 vrdr Interest Payable Attributable To Promissory Notes
InterestPayableAttributableToPromissoryNotes
0 usd
CY2024 vrdr Weighted Average Incremental Borrowing Rate
WeightedAverageIncrementalBorrowingRate
0.05 pure
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
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CY2024Q2 vrdr Lease Liability Operating And Finance
LeaseLiabilityOperatingAndFinance
741623 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
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CY2023Q2 vrdr Lease Liability Operating And Finance
LeaseLiabilityOperatingAndFinance
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CY2024 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
123625 usd
CY2023 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
117517 usd
CY2024 us-gaap Lease Income
LeaseIncome
720000 usd
CY2024 vrdr Lease Term
LeaseTerm
P7Y
CY2024 vrdr Lease Liability Accretion
LeaseLiabilityAccretion
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CY2023 vrdr Lease Liability Accretion
LeaseLiabilityAccretion
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CY2024 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
45926 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2024 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2024 vrdr Lease Expense Operating And Finance
LeaseExpenseOperatingAndFinance
177022 usd
CY2023 vrdr Lease Expense Operating And Finance
LeaseExpenseOperatingAndFinance
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CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
784877 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
24771 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
24771 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
23674 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
4836 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
862929 usd
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
121306 usd
CY2024Q2 vrdr Lease Liability Operating And Finance
LeaseLiabilityOperatingAndFinance
741623 usd
CY2024Q2 vrdr Operating And Finance Lease Labilities Current
OperatingAndFinanceLeaseLabilitiesCurrent
650456 usd
CY2024Q2 vrdr Operating And Finance Lease Labilities Non Current
OperatingAndFinanceLeaseLabilitiesNonCurrent
91167 usd
CY2024Q2 vrdr Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
741623 usd
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000000 shares
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
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CY2024Q2 us-gaap Common Stock Shares Issued
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CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2024Q2 us-gaap Shares Issued
SharesIssued
2700000 shares
CY2023Q2 us-gaap Shares Issued
SharesIssued
670000 shares
CY2024 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2024 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
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CY2023 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
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CY2024 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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1187606780 shares
CY2023 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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1019752220 shares
CY2024 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
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CY2023 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
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CY2024 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2024 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
0 usd
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
0 usd
CY2024 vrdr Deferred Tax Assets
DeferredTaxAssets
1439384 usd
CY2024Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
6854210 usd
CY2024 vrdr Loss Before Income Taxes
LossBeforeIncomeTaxes
-578231 usd
CY2023 vrdr Loss Before Income Taxes
LossBeforeIncomeTaxes
-786851 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.24 pure
CY2024 vrdr Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-138775 usd
CY2023 vrdr Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-188844 usd
CY2024 vrdr Non Deductible Items
NonDeductibleItems
52249 usd
CY2023 vrdr Non Deductible Items
NonDeductibleItems
26603 usd
CY2024 vrdr Carried Forward Tax Losses
CarriedForwardTaxLosses
1017 usd
CY2023 vrdr Carried Forward Tax Losses
CarriedForwardTaxLosses
2727 usd
CY2024 vrdr Operating Income Loss1
OperatingIncomeLoss1
85509 usd
CY2023 vrdr Operating Income Loss1
OperatingIncomeLoss1
159514 usd
CY2024 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
0 usd
CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
0 usd
CY2024Q2 vrdr Us Tax Regime
UsTaxRegime
1439384 usd
CY2023Q2 vrdr Us Tax Regime
UsTaxRegime
1079890 usd
CY2024Q2 vrdr Malaysia Tax Regime
MalaysiaTaxRegime
205026 usd
CY2023Q2 vrdr Malaysia Tax Regime
MalaysiaTaxRegime
113516 usd
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1644410 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1193406 usd
CY2024Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2024 us-gaap Pension Contributions
PensionContributions
10064 usd
CY2023 us-gaap Pension Contributions
PensionContributions
19961 usd
CY2024 vrdr Recognized Consulting Fees
RecognizedConsultingFees
6317 usd
CY2023Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
675888 usd
CY2023Q1 us-gaap Share Price
SharePrice
0.07
CY2024 us-gaap Reclassifications
Reclassifications
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 26 –</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; text-align:justify;">Certain prior year amounts have been reclassified to conform to the current year’s presentation. These reclassifications had no impact on reported income or losses and are considered to be immaterial.</p>

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