2024 Q2 Form 10-K Financial Statement
#000149315224014885 Filed on April 16, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q3 | 2023 |
---|---|---|---|
Revenue | $9.739K | $41.88K | $130.4K |
YoY Change | -72.28% | -16.09% | -0.18% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $43.61K | $140.4K | $2.553M |
YoY Change | 901.15% | -65.91% | 104.47% |
% of Gross Profit | |||
Research & Development | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $43.61K | $140.4K | $2.553M |
YoY Change | -103.03% | -65.91% | 101.79% |
Operating Profit | -$33.87K | -$2.423M | |
YoY Change | -102.3% | 116.22% | |
Interest Expense | -$34.26K | -$51.74K | -$157.9K |
YoY Change | -6.32% | 69.86% | 48.55% |
% of Operating Profit | |||
Other Income/Expense, Net | -$34.26K | -$30.71K | -$236.9K |
YoY Change | -5.35% | -74.51% | -44.82% |
Pretax Income | -$68.13K | -$180.9K | -$2.817M |
YoY Change | -104.74% | -64.72% | 68.69% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$68.13K | -$180.9K | -$2.817M |
YoY Change | -104.74% | -64.72% | 68.69% |
Net Earnings / Revenue | -699.57% | -431.97% | -2160.54% |
Basic Earnings Per Share | -$0.01 | -$0.34 | |
Diluted Earnings Per Share | -$0.01 | -$0.02 | -$0.34 |
COMMON SHARES | |||
Basic Shares Outstanding | 8.251M shares | 8.152M shares | 8.363M shares |
Diluted Shares Outstanding | 8.251M shares | 13.97M shares |
Balance Sheet
Concept | 2024 Q2 | 2023 Q3 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.630K | $40.83K | $40.83K |
YoY Change | 316.94% | 12.23% | 12.23% |
Cash & Equivalents | $7.630K | $40.83K | |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $96.79K | $128.4K | $128.4K |
YoY Change | -15.66% | -93.9% | -93.9% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $96.79K | $128.4K | $128.4K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $96.79K | $128.4K | $128.4K |
YoY Change | -15.66% | -93.9% | -93.9% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $123.5K | $67.39K | $67.39K |
YoY Change | 11.77% | 94.83% | 94.83% |
Accrued Expenses | $482.1K | $379.1K | $379.1K |
YoY Change | 37.41% | 46.91% | 46.91% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $1.221M | $1.211M | $1.211M |
YoY Change | 159.79% | 20.65% | 20.65% |
Total Short-Term Liabilities | $1.827M | $1.658M | $1.658M |
YoY Change | 9.22% | 27.86% | 27.86% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $10.00K | $10.00K |
YoY Change | -100.0% | 0.0% | 0.0% |
Other Long-Term Liabilities | $0.00 | $2.720K | $2.720K |
YoY Change | -100.0% | 28.3% | 28.3% |
Total Long-Term Liabilities | $12.72K | $12.72K | |
YoY Change | 4.95% | 4.95% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.827M | $1.658M | $1.658M |
Total Long-Term Liabilities | $12.72K | $12.72K | |
Total Liabilities | $1.827M | $1.670M | $1.670M |
YoY Change | 8.41% | 27.65% | 27.65% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$9.820M | -$9.604M | |
YoY Change | 38.76% | 41.05% | |
Common Stock | $8.251K | $8.251K | |
YoY Change | 1.23% | 2.38% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $45.00K | $45.00K | |
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.730M | -$1.542M | -$1.542M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $96.79K | $128.4K | $128.4K |
YoY Change | -15.66% | -93.9% | -93.9% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q3 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$68.13K | -$180.9K | -$2.817M |
YoY Change | -104.74% | -64.72% | 68.69% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$9.280K | -$161.0K | -$195.6K |
YoY Change | 1154.05% | 229.85% | -57.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $200.0K | ||
YoY Change | 300.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 200.0K | 200.0K | |
YoY Change | 1500.0% | -19.92% | |
NET CHANGE | |||
Cash From Operating Activities | -9.280K | -161.0K | -195.6K |
Cash From Investing Activities | |||
Cash From Financing Activities | 200.0K | 200.0K | |
Net Change In Cash | -9.280K | 39.00K | 4.450K |
YoY Change | 1154.05% | -207.41% | -102.07% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$9.280K | -$161.0K | -$195.6K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
1286308 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
50000 | usd |
CY2022 | VRVR |
Stock Issued During Period Value Commitment Fee Debt Discount On Note Payable
StockIssuedDuringPeriodValueCommitmentFeeDebtDiscountOnNotePayable
|
412500 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1656019 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
819538 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2817340 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1656019 | usd |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
94375 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
497507 | usd |
CY2023 | VRVR |
Options Issued For Services
OptionsIssuedForServices
|
46462 | usd |
CY2023 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
207314 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
423061 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
31086 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
7754 | usd |
CY2022 | VRVR |
Warrants Issued For Services
WarrantsIssuedForServices
|
158586 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-2071344 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
1500 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
1500 | usd |
CY2023 | VRVR |
Increase Decrease In Royalty Receivables
IncreaseDecreaseInRoyaltyReceivables
|
-18242 | usd |
CY2022 | VRVR |
Increase Decrease In Royalty Receivables
IncreaseDecreaseInRoyaltyReceivables
|
-18096 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
20795 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2423 | usd |
CY2023 | VRVR |
Increase Decrease In Accounts Payable And Accrued Liabilities Related Party
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParty
|
12000 | usd |
CY2023 | VRVR |
Increase Decrease In Accrued Interest Related Parties
IncreaseDecreaseInAccruedInterestRelatedParties
|
-223940 | usd |
CY2022 | VRVR |
Increase Decrease In Accrued Interest Related Parties
IncreaseDecreaseInAccruedInterestRelatedParties
|
56343 | usd |
CY2023 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
345613 | usd |
CY2022 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
34159 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-195549 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-464436 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
434750 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
200000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
50000 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
235000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
200000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
249750 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4451 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-214686 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
36378 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
251064 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
40829 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
36378 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
35000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
14769 | usd |
CY2022 | VRVR |
Original Issue Debt Discount On Notes Payable
OriginalIssueDebtDiscountOnNotesPayable
|
35250 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
412500 | usd |
CY2023 | VRVR |
Redemption Of Commitment Shares As Treasury Stock
RedemptionOfCommitmentSharesAsTreasuryStock
|
218025 | usd |
CY2023 | VRVR |
Cancellation Of Warrants Issued For Prepaid Services
CancellationOfWarrantsIssuedForPrepaidServices
|
283056 | usd |
CY2023 | VRVR |
Purchase Of Common Stock From Cancellation Of Services
PurchaseOfCommonStockFromCancellationOfServices
|
45000 | usd |
CY2023 | VRVR |
Warrants Issued For Prepaid Expenses
WarrantsIssuedForPrepaidExpenses
|
363210 | usd |
CY2022 | VRVR |
Warrants Issued For Prepaid Expenses
WarrantsIssuedForPrepaidExpenses
|
1286308 | usd |
CY2023 | VRVR |
Common Stock Issued For Prepaid Expenses
CommonStockIssuedForPrepaidExpenses
|
298000 | usd |
CY2022 | VRVR |
Common Stock Issued For Prepaid Expenses
CommonStockIssuedForPrepaidExpenses
|
945000 | usd |
CY2022 | VRVR |
Converted Shares Series B Preferred Shares
ConvertedSharesSeriesBPreferredShares
|
270612 | shares |
CY2023 | VRVR |
Converted Shares Series C Preferred Shares
ConvertedSharesSeriesCPreferredShares
|
1200481 | shares |
CY2022 | VRVR |
Converted Shares Warrant
ConvertedSharesWarrant
|
900000 | shares |
CY2023Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2022Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2023 | VRVR |
Royalty Contracts And Research And Development Costs
RoyaltyContractsAndResearchAndDevelopmentCosts
|
0 | usd |
CY2022 | VRVR |
Royalty Contracts And Research And Development Costs
RoyaltyContractsAndResearchAndDevelopmentCosts
|
0 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
130400 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
144716 | usd |
CY2023Q3 | VRVR |
Royalty Receivable Current
RoyaltyReceivableCurrent
|
87614 | usd |
CY2022Q3 | VRVR |
Royalty Receivable Current
RoyaltyReceivableCurrent
|
105856 | usd |
CY2023Q3 | us-gaap |
Cash
Cash
|
250 | usd |
CY2022Q3 | us-gaap |
Cash
Cash
|
20495 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84B_eus-gaap--UseOfEstimates_zZoQboj3fQxk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_860_zN2JUjaSWqg2">Use of Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in accordance with US GAAP 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, as well as revenues and expenses reported for the period presented. The most significant estimates relate to the useful life and impairment of intangible assets and allowance for doubtful accounts. The Company regularly will assess these estimates and, while actual results may differ, management believes that the estimates are reasonable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2023Q3 | VRVR |
Class Of Warrant Or Right Issued
ClassOfWarrantOrRightIssued
|
900000 | shares |
CY2023Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
900000 | shares |
CY2022Q3 | VRVR |
Class Of Warrant Or Right Issued
ClassOfWarrantOrRightIssued
|
0 | shares |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
0 | shares |
CY2022Q1 | us-gaap |
Share Price
SharePrice
|
1.25 | |
CY2023Q2 | us-gaap |
Share Price
SharePrice
|
0.15 | |
CY2023Q2 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
0.15 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8363431 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7270761 | shares |
CY2023 | VRVR |
Converted Shares Series B Preferred Shares
ConvertedSharesSeriesBPreferredShares
|
270612 | shares |
CY2022Q3 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
41250 | shares |
CY2022Q3 | VRVR |
Treasury Stock Cumulative Cost
TreasuryStockCumulativeCost
|
0 | usd |
CY2023Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
200000 | shares |
CY2023Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
0 | usd |
CY2023Q3 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
691250 | shares |
CY2022Q3 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
41250 | shares |
CY2023 | VRVR |
Converted Shares Options
ConvertedSharesOptions
|
1000000 | shares |
CY2023 | VRVR |
Converted Shares Convertible Notes
ConvertedSharesConvertibleNotes
|
3133333 | shares |
CY2022 | VRVR |
Converted Shares Convertible Notes
ConvertedSharesConvertibleNotes
|
376000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13967857 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8817373 | shares |
CY2022Q3 | VRVR |
Royalty Receivable Current
RoyaltyReceivableCurrent
|
105856 | usd |
CY2022Q3 | us-gaap |
Assets Current
AssetsCurrent
|
2128035 | usd |
CY2022Q3 | us-gaap |
Assets
Assets
|
2128035 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6786973 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
819538 | usd |
CY2022Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2128035 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
144716 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1120437 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1656019 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.23 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.23 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1656019 | usd |
CY2022 | VRVR |
Increase Decrease In Royalty Receivables
IncreaseDecreaseInRoyaltyReceivables
|
-18096 | usd |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
0 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
0 | usd |
CY2022 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
41250 | shares |
CY2022 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
0 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
519000 | usd |
CY2023Q3 | VRVR |
Treasury Stock Cumulative Cost
TreasuryStockCumulativeCost
|
45000 | usd |
CY2022Q3 | VRVR |
Treasury Stock Cumulative Cost
TreasuryStockCumulativeCost
|
0 | usd |
CY2023Q3 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
691250 | shares |
CY2022Q3 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
41250 | shares |
CY2018Q1 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
750000 | usd |
CY2018Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.06 | pure |
CY2018Q1 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2022-12-31 | |
CY2023Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
741030 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
281561 | usd |
CY2023Q3 | VRVR |
Additional Repayments Of Debt
AdditionalRepaymentsOfDebt
|
5000 | usd |
CY2023Q3 | VRVR |
Debt Instrument Additional Maturity Date
DebtInstrumentAdditionalMaturityDate
|
2024-03-31 | |
CY2023Q3 | VRVR |
Additional Repayments Of Debt
AdditionalRepaymentsOfDebt
|
5000 | usd |
CY2023Q3 | VRVR |
Debt Instrument Additional Maturity Date
DebtInstrumentAdditionalMaturityDate
|
2024-03-31 | |
CY2022Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
741030 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
31086 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | VRVR |
Effective Income Tax Rate Reconciliation At Temporary Differences
EffectiveIncomeTaxRateReconciliationAtTemporaryDifferences
|
0 | pure |
CY2022 | VRVR |
Effective Income Tax Rate Reconciliation At Temporary Differences
EffectiveIncomeTaxRateReconciliationAtTemporaryDifferences
|
0 | pure |
CY2023 | VRVR |
Effective Income Tax Rate Reconciliation At Permanent Differences
EffectiveIncomeTaxRateReconciliationAtPermanentDifferences
|
-0.03 | pure |
CY2022 | VRVR |
Effective Income Tax Rate Reconciliation At Permanent Differences
EffectiveIncomeTaxRateReconciliationAtPermanentDifferences
|
-0.39 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.18 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.18 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2023Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
967000 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
375000 | usd |
CY2023Q3 | VRVR |
Deferred Tax Assets Permanent Differences
DeferredTaxAssetsPermanentDifferences
|
-695000 | usd |
CY2022Q3 | VRVR |
Deferred Tax Assets Permanent Differences
DeferredTaxAssetsPermanentDifferences
|
-622000 | usd |
CY2023Q3 | VRVR |
Deferred Tax Asset Valuation Allowance
DeferredTaxAssetValuationAllowance
|
272000 | usd |
CY2022Q3 | VRVR |
Deferred Tax Asset Valuation Allowance
DeferredTaxAssetValuationAllowance
|
-247000 | usd |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
290000 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
4602205 | usd |
CY2023Q3 | VRVR |
Operating Loss Carry Forwards Taxable Income Percentage
OperatingLossCarryForwardsTaxableIncomePercentage
|
0.80 | pure |
CY2023 | us-gaap |
Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
|
The remaining amount can be carried forward for 20 years with no income limitation. |