10-Q Filing

VIEWBIX INC. CIK: 797542 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001295345-15-000119`
Period End Date	20150331
Filing Date	20150514
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	zxsi-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 32 Income Statement 22 Cash Flow Statement 30

Balance Sheet 32 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$554.56K	USD	Point-in-time
Cash	`Cash`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$554.56K	USD	Point-in-time
Total Assets	`Assets`	$1.00K	USD	Point-in-time
Total Assets	`Assets`	$554.56K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$7.50K	USD	Point-in-time
Advances payable	`AdvancesPayable`	$120.98K	USD	Point-in-time
Advances payable	`AdvancesPayable`	$120.98K	USD	Point-in-time
Accrued interest payable	`AccruedInterestPayable`	$35.30K	USD	Point-in-time
Accrued interest payable	`AccruedInterestPayable`	$36.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$163.78K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.53K	USD	Point-in-time
Notes payable	`NotesPayable`	$37.38K	USD	Point-in-time
Notes payable	`NotesPayable`	$22.38K	USD	Point-in-time
Total liabilities	`Liabilities`	$186.16K	USD	Point-in-time
Total liabilities	`Liabilities`	$194.91K	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$455.00	USD	Point-in-time
Common stock	`CommonStockValue`	$455.00	USD	Point-in-time
Stock payable	`StockPayable`	$780.00K	USD	Point-in-time
Stock payable	`StockPayable`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$390.21K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$388.45K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-811.01K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-574.06K	USD	Point-in-time
Total Stockholders' equity (deficit)	`StockholdersEquity`	$-185.16K	USD	Point-in-time
Total Stockholders' equity (deficit)	`StockholdersEquity`	$359.65K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.00K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$554.56K	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$-43.94K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$-7.75K	USD	1 Quarter
Other expenses - advances to related parties	`OtherExpensesAdvancesToRelatedParties`	0.00	pure	1 Quarter
Other expenses - advances to related parties	`OtherExpensesAdvancesToRelatedParties`	-190,000.00	pure	1 Quarter
Total expenses	`TotalExpenses`	-7,750.00	pure	1 Quarter
Total expenses	`TotalExpenses`	-233,936.00	pure	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-7.75K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-233.94K	USD	1 Quarter
Interest expense	`InterestExpense`	$-2.37K	USD	1 Quarter
Interest expense	`InterestExpense`	$-3.01K	USD	1 Quarter
Financial income (expense)	`FinancialIncomeExpense`	-2,371.00	pure	1 Quarter
Financial income (expense)	`FinancialIncomeExpense`	-3,011.00	pure	1 Quarter
Provision for income taxes	`ProvisionForIncomeTaxes`	0.00	pure	1 Quarter
Provision for income taxes	`ProvisionForIncomeTaxes`	0.00	pure	1 Quarter
Net loss	`NetIncomeLoss`	$-10.12K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-236.95K	USD	1 Quarter
Basic net loss per share	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Basic net loss per share	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	4.55M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.70M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetLoss`	-236,947.00	pure	1 Quarter
Net loss	`NetLoss`	-10,121.00	pure	1 Quarter
Imputed interest	`ImputedInterest`	0.00	pure	1 Quarter
Imputed interest	`ImputedInterest`	1,760.00	pure	1 Quarter
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.50K	USD	1 Quarter
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
(Decrease) increase in accrued expenes	`DecreaseIncreaseInAccruedExpenes`	7,621.00	pure	1 Quarter
(Decrease) increase in accrued expenes	`DecreaseIncreaseInAccruedExpenes`	1,251.00	pure	1 Quarter
Net Cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-241.44K	USD	1 Quarter
Net Cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.50K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Advances from related parties	`AdvancesFromRelatedParties`	0.00	pure	1 Quarter
Advances from related parties	`AdvancesFromRelatedParties`	2,500.00	pure	1 Quarter
Issuance of non-convertible note	`IssuanceOfNonConvertibleNote`	0.00	pure	1 Quarter
Issuance of non-convertible note	`IssuanceOfNonConvertibleNote`	15,000.00	pure	1 Quarter
Proceeds from sale of common stock (net of issuance expenses)	`ProceedsFromSaleOfCommonStockNetOfIssuanceExpenses`	0.00	pure	1 Quarter
Proceeds from sale of common stock (net of issuance expenses)	`ProceedsFromSaleOfCommonStockNetOfIssuanceExpenses`	780,000.00	pure	1 Quarter
Cash generated by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$795.00K	USD	1 Quarter
Cash generated by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.50K	USD	1 Quarter
Change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$553.56K	USD	1 Quarter
Change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Cash - beginning of period	`CashBeginningOfPeriod`	0.00	pure	Point-in-time
Cash - beginning of period	`CashBeginningOfPeriod`	1,000.00	pure	Point-in-time
Cash - end of period	`CashEndOfPeriod`	0.00	pure	Point-in-time
Cash - end of period	`CashEndOfPeriod`	554,564.00	pure	Point-in-time
Transfer of convertible note from related party to unrelated parties	`TransferOfConvertibleNoteFromRelatedPartyToUnrelatedParties`	0.00	pure	1 Quarter
Transfer of convertible note from related party to unrelated parties	`TransferOfConvertibleNoteFromRelatedPartyToUnrelatedParties`	85,000.00	pure	1 Quarter
Transfer of advances from related party to unrelated party	`TransferOfAdvancesFromRelatedPartyToUnrelatedParty`	40,000.00	pure	1 Quarter
Transfer of advances from related party to unrelated party	`TransferOfAdvancesFromRelatedPartyToUnrelatedParty`	0.00	pure	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.