10-Q Filing

VISIUM TECHNOLOGIES, INC. CIK: 1082733 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001437749-13-006433`
Period End Date	20130331
Filing Date	20130520
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	nseh-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 74 Cash Flow Statement 54

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.51K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$12.90K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.01K	USD	Point-in-time
Total assets	`Assets`	$10.00	USD	Point-in-time
Total assets	`Assets`	$2.51K	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$388.70K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$394.74K	USD	Point-in-time
Shares issued	`CommonStockSharesIssued`	454.38M	shares	Point-in-time
Shares issued	`CommonStockSharesIssued`	327.22M	shares	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$930.40K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	327.22M	shares	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$1.42M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	454.38M	shares	Point-in-time
Liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.49M	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesCurrent`	$5.56K	USD	Point-in-time
Notes and Convertible notes payable and accrued interest less unamortized discount	`NotesPayableCurrent`	$3.19M	USD	Point-in-time
Notes and Convertible notes payable and accrued interest less unamortized discount	`NotesPayableCurrent`	$2.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.52M	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock value	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $.001 par value; 750,000,000 shares authorized; 454,383,202 and 327,216,535 issued and outstanding	`CommonStockValue`	$327.22K	USD	Point-in-time
Common stock; $.001 par value; 750,000,000 shares authorized; 454,383,202 and 327,216,535 issued and outstanding	`CommonStockValue`	$454.38K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$35.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$34.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.23M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-6.23M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-4.52M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$10.00	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.51K	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$139.60K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$95.55K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$556.76K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$320.54K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$320.54K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$139.60K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$95.55K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$556.76K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-320.54K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-95.55K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-556.76K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-139.60K	USD	1 Quarter
Decrease in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$87.20K	USD	3 Qtrs
Decrease in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$26.61K	USD	1 Quarter
Decrease in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$26.09K	USD	Annual
Decrease in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$5.56K	USD	3 Qtrs
Interest expense	`InterestExpense`	$101.29K	USD	1 Quarter
Interest expense	`InterestExpense`	$233.85K	USD	3 Qtrs
Interest expense	`InterestExpense`	$279.02K	USD	3 Qtrs
Interest expense	`InterestExpense`	$113.62K	USD	1 Quarter
OtherOperatingIncomeExpenseNet	`OtherOperatingIncomeExpenseNet`	$-74.68K	USD	1 Quarter
OtherOperatingIncomeExpenseNet	`OtherOperatingIncomeExpenseNet`	$-191.83K	USD	3 Qtrs
OtherOperatingIncomeExpenseNet	`OtherOperatingIncomeExpenseNet`	$-228.29K	USD	3 Qtrs
OtherOperatingIncomeExpenseNet	`OtherOperatingIncomeExpenseNet`	$-113.62K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-548.83K	USD	3 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-209.17K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-214.28K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-748.59K	USD	3 Qtrs
Gain on extinguishment of debt of discontinued operations	`GainsLossesOnExtinguishmentOfDebt`	$1.49M	USD	3 Qtrs
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.49M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$945.58K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-214.28K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-748.59K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-209.17K	USD	1 Quarter
Less dividends Series B Preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$18.70K	USD	1 Quarter
Less dividends Series B Preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$56.10K	USD	3 Qtrs
Less dividends Series B Preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$18.70K	USD	1 Quarter
Less dividends Series B Preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$56.10K	USD	3 Qtrs
Net (loss) income attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-804.68K	USD	3 Qtrs
Net (loss) income attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-227.87K	USD	1 Quarter
Net (loss) income attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-232.98K	USD	1 Quarter
Net (loss) income attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$889.48K	USD	3 Qtrs
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	3 Qtrs
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Net per share (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net per share (in Dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Net per share (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Net per share (in Dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	3 Qtrs
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	1 Quarter
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	3 Qtrs
Continuing operations (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Discontinued operations (in Dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net per share (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Net per share (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Net per share (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Net per share (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Basic weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	322.22M	shares	1 Quarter
Basic weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	444.21M	shares	1 Quarter
Basic weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	389.71M	shares	3 Qtrs
Basic weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	321.34M	shares	3 Qtrs
Diluted weighted average common shares outstanding- (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	389.71M	shares	3 Qtrs
Diluted weighted average common shares outstanding- (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	444.21M	shares	1 Quarter
Diluted weighted average common shares outstanding- (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	322.22M	shares	1 Quarter
Diluted weighted average common shares outstanding- (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	321.34M	shares	3 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-548.83K	USD	3 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-209.17K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-214.28K	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-748.59K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$3.71K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$130.60K	USD	3 Qtrs
Decrease in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$87.20K	USD	3 Qtrs
Decrease in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$26.61K	USD	1 Quarter
Decrease in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$26.09K	USD	Annual
Decrease in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$5.56K	USD	3 Qtrs
Other receivable	`IncreaseDecreaseInOtherReceivables`	$-315.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.04K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-114.12K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$148.43K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$230.14K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$192.00K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$172.50K	USD	3 Qtrs
Net cash used in continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-122.50K	USD	3 Qtrs
Net cash used in continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-171.88K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-122.50K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-171.88K	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$70.00K	USD	3 Qtrs
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$55.00K	USD	3 Qtrs
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$160.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$160.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$125.00K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.88K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.50K	USD	3 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.51K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.90K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.01K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.51K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.90K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.01K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Conversion of note payables to common stock	`DebtConversionConvertedInstrumentAmount1`	$-2.50K	USD	Annual
Conversion of note payables to common stock	`DebtConversionConvertedInstrumentAmount1`	$25.00K	USD	3 Qtrs
Conversion of note payables to common stock	`DebtConversionConvertedInstrumentAmount1`	$10.00K	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$18.70K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$56.10K	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$18.70K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$56.10K	USD	3 Qtrs
Embedded conversion features	`DebtInstrumentConvertibleBeneficialConversionFeature`	$89.09K	USD	3 Qtrs
Embedded conversion features	`DebtInstrumentConvertibleBeneficialConversionFeature`	$89.09K	USD	Annual
Issuance of shares pursuant to non-cash exercise of options to satisfy obligations	`StockIssued1`	$150.00K	USD	3 Qtrs
Issuance of note payable to satisfy certain liabilities	`NotesPayableIssuedForNoncashConsiderations`	$132.00K	USD	3 Qtrs
Issuance of shares to satisfy accrued compensation	`StockIssuedDuringPeriodValueIssuedForServices`	$250.00K	USD	3 Qtrs
Forfeiture of officer's compensation	`AdjustmentsToAdditionalPaidInCapitalOther`	$282.00K	USD	3 Qtrs
Gain on extinguishment of debt of discontinued operations	`GainsLossesOnExtinguishmentOfDebt`	$1.49M	USD	3 Qtrs

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