10-Q Filing

VISIUM TECHNOLOGIES, INC. CIK: 1082733 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-004800`
Period End Date	20130930
Filing Date	20180405
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	nseh-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 24 Cash Flow Statement 34

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.00K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$4.92K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$471.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.00K	USD	Point-in-time
Total assets	`Assets`	$2.00K	USD	Point-in-time
Total assets	`Assets`	$471.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	542.38M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$480.16K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$478.72K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	482.38M	shares	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$761.92K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$751.92K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	482.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	542.38M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.25M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.20M	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.77M	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.72M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$265.24K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$265.24K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.53M	USD	Point-in-time
Common stock, $0.0001 par value, 20,000,000,000 shares authorized: 542,383,187 shares issued and outstanding as of September 30, 2013 and 482,383,912 as of June 30, 2013 (See Note 7)	`CommonStockValue`	$542.38K	USD	Point-in-time
Common stock, $0.0001 par value, 20,000,000,000 shares authorized: 542,383,187 shares issued and outstanding as of September 30, 2013 and 482,383,912 as of June 30, 2013 (See Note 7)	`CommonStockValue`	$482.38K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.95M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-39.85M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-4.42M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-4.53M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$471.00	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.00K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`Revenues`	-	USD	1 Quarter
Net revenues	`Revenues`	-	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$113.02K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$124.92K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$113.02K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$124.92K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-113.02K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-124.92K	USD	1 Quarter
Gain (loss) on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain (loss) on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$5.56K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$45.36K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$60.94K	USD	1 Quarter
Loss on restructuring of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on restructuring of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on debt settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-45.36K	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-55.38K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-168.41K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-170.28K	USD	1 Quarter
Loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Loss per common share basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	344.31M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	321.21M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-168.41K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-170.28K	USD	1 Quarter
(Gain) loss on change in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
(Gain) loss on change in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$5.56K	USD	1 Quarter
Common stock issued as compensation	`ShareBasedCompensation`	$60.00K	USD	1 Quarter
Common stock issued as compensation	`ShareBasedCompensation`	$15.83K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$3.71K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.45K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.40K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$57.23K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$45.36K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$10.00K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$31.50K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-75.09K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-53.48K	USD	1 Quarter
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$55.00K	USD	1 Quarter
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$80.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$55.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$80.00K	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.53K	USD	1 Quarter
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.91K	USD	1 Quarter
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.00K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.92K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.00K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.92K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter

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