10-Q Filing

VIEWBIX INC. CIK: 797542 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001295345-15-000202`
Period End Date	20150630
Filing Date	20150807
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	zxsi-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 46 Cash Flow Statement 32

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$467.38K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$467.38K	USD	Point-in-time
Total Assets	`Assets`	$467.38K	USD	Point-in-time
Total Assets	`Assets`	$1.00K	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`	-	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`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$163.78K	USD	Point-in-time
Notes payable	`NotesPayable`	$22.38K	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Total long-term liabilities	`TotalLongTermLiabilities`	-	USD	Point-in-time
Total long-term liabilities	`TotalLongTermLiabilities`	$22.38K	USD	Point-in-time
Total liabilities	`Liabilities`	$186.16K	USD	Point-in-time
Total liabilities	`Liabilities`	-	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`	$655.00	USD	Point-in-time
Stock payable	`StockPayable`	-	USD	Point-in-time
Stock payable	`StockPayable`	$385.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.28M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$388.45K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-574.06K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.20M	USD	Point-in-time
Total Stockholders' equity (deficit)	`StockholdersEquity`	$467.38K	USD	Point-in-time
Total Stockholders' equity (deficit)	`StockholdersEquity`	$-185.16K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.00K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$467.38K	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.25K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$88.39K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$132.33K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.50K	USD	1 Quarter
Other expenses - advances to related parties	`OtherGeneralExpense`	-	USD	1 Quarter
Other expenses - advances to related parties	`OtherGeneralExpense`	$300.00K	USD	1 Quarter
Other expenses - advances to related parties	`OtherGeneralExpense`	$490.00K	USD	2 Qtrs
Other expenses - advances to related parties	`OtherGeneralExpense`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$388.39K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.50K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$14.25K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$622.33K	USD	2 Qtrs
(Loss) from operations	`IncomeLossFromContinuingOperations`	$-388.39K	USD	1 Quarter
(Loss) from operations	`IncomeLossFromContinuingOperations`	$-6.50K	USD	1 Quarter
(Loss) from operations	`IncomeLossFromContinuingOperations`	$-622.33K	USD	2 Qtrs
(Loss) from operations	`IncomeLossFromContinuingOperations`	$-14.25K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-2.68K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-307.00	USD	1 Quarter
Interest expense	`InterestExpense`	$-1.69K	USD	1 Quarter
Interest expense	`InterestExpense`	$-4.70K	USD	2 Qtrs
(Gain) on debt settlement	`DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1`	$-528.00	USD	1 Quarter
(Gain) on debt settlement	`DebtorReorganizationItemsGainLossOnSettlementOfOtherClaimsNet1`	$-528.00	USD	2 Qtrs
Financial income (expense)	`FinancialIncomeExpense`	-5,227.00	pure	2 Qtrs
Financial income (expense)	`FinancialIncomeExpense`	-2,216.00	pure	1 Quarter
Financial income (expense)	`FinancialIncomeExpense`	-307.00	pure	1 Quarter
Financial income (expense)	`FinancialIncomeExpense`	-2,678.00	pure	2 Qtrs
Provision for income taxes	`ProvisionForIncomeTaxes`	0.00	pure	2 Qtrs
Provision for income taxes	`ProvisionForIncomeTaxes`	0.00	pure	2 Qtrs
Provision for income taxes	`ProvisionForIncomeTaxes`	0.00	pure	1 Quarter
Provision for income taxes	`ProvisionForIncomeTaxes`	0.00	pure	1 Quarter
Net (loss)	`NetIncomeLoss`	$-627.55K	USD	2 Qtrs
Net (loss)	`NetIncomeLoss`	$-390.61K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-16.93K	USD	2 Qtrs
Net (loss)	`NetIncomeLoss`	$-6.81K	USD	1 Quarter
Basic and diluted net loss	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted net loss	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Basic and diluted net loss	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	2 Qtrs
Basic and diluted net loss	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.70M	shares	2 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.68M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.70M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	4.68M	shares	2 Qtrs

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetLoss`	-627,553.00	pure	2 Qtrs
Net loss	`NetLoss`	-16,928.00	pure	2 Qtrs
Loss (gain) on debt settlement	`LossGainOnDebtSettlement`	528.00	pure	2 Qtrs
Loss (gain) on debt settlement	`LossGainOnDebtSettlement`	0.00	pure	2 Qtrs
Imputed interest	`ImputedInterest`	4,113.00	pure	2 Qtrs
Imputed interest	`ImputedInterest`	0.00	pure	2 Qtrs
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
(Decrease) increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.50K	USD	2 Qtrs
(Decrease) increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$9.18K	USD	2 Qtrs
(Decrease) increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-35.83K	USD	2 Qtrs
Cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-666.25K	USD	2 Qtrs
Cash flows used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.75K	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Advances from related parties	`AdvancesFromRelatedParties`	7,750.00	pure	2 Qtrs
Advances from related parties	`AdvancesFromRelatedParties`	0.00	pure	2 Qtrs
Principal payaments on debt	`PrincipalPayamentsOnDebt`	-52,375.00	pure	2 Qtrs
Principal payaments on debt	`PrincipalPayamentsOnDebt`	0.00	pure	2 Qtrs
Proceed from sale of common stock	`ProceedFromSaleOfCommonStock`	0.00	pure	2 Qtrs
Proceed from sale of common stock	`ProceedFromSaleOfCommonStock`	1.19M	pure	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.13M	USD	2 Qtrs
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.75K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$466.38K	USD	2 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsBeginningOfPeriod`	0.00	pure	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsBeginningOfPeriod`	1,000.00	pure	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsEndOfPeriod`	467,380.00	pure	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsEndOfPeriod`	0.00	pure	Point-in-time
Transfer of convertible note from related party to unrelated parties	`TransferOfConvertibleNoteFromRelatedPartyToUnrelatedParties`	85,000.00	pure	Point-in-time
Transfer of convertible note from related party to unrelated parties	`TransferOfConvertibleNoteFromRelatedPartyToUnrelatedParties`	0.00	pure	Point-in-time
Transfer of advances from related party to unrelated party	`TransferOfAdvancesFromRelatedPartyToUnrelatedParty`	0.00	pure	2 Qtrs
Transfer of advances from related party to unrelated party	`TransferOfAdvancesFromRelatedPartyToUnrelatedParty`	40,000.00	pure	2 Qtrs

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