10-Q Filing

VISIUM TECHNOLOGIES, INC. CIK: 1082733 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-004801`
Period End Date	20131231
Filing Date	20180405
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	nseh-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 56 Cash Flow Statement 46

Balance Sheet 45 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`	$272.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$154.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$471.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$272.00	USD	Point-in-time
Total assets	`Assets`	$272.00	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`	10.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00B	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$478.72K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$475.16K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	542.38M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	482.38M	shares	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$751.92K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$821.92K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	542.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	482.38M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.31M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.20M	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.81M	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`	$4.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.42M	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 December 31, 2013 and 482,383,912 as of June 30, 2013 (See Note 7)	`CommonStockValue`	$482.38K	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 December 31, 2013 and 482,383,912 as of June 30, 2013 (See Note 7)	`CommonStockValue`	$542.38K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.95M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-39.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.17M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-4.68M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-4.42M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$471.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$272.00	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`Revenues`	-	USD	1 Quarter
Net revenues	`Revenues`	-	USD	1 Quarter
Net revenues	`Revenues`	-	USD	2 Qtrs
Net revenues	`Revenues`	-	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$109.11K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$222.14K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$216.65K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$91.72K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$216.65K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$109.11K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$222.14K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$91.72K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-109.11K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-216.65K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-222.14K	USD	2 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-91.72K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$63.00K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$123.94K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$104.38K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$59.02K	USD	1 Quarter
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	$5.56K	USD	2 Qtrs
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-59.02K	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-63.00K	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-118.38K	USD	2 Qtrs
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-104.38K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-150.75K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-340.52K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-321.03K	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-172.11K	USD	1 Quarter
Gain from settlement of liabilities of discontinued operations, net of tax	`GainsLossesOnExtinguishmentOfDebt`	$1.88M	USD	2 Qtrs
Gain from settlement of liabilities of discontinued operations, net of tax	`GainsLossesOnExtinguishmentOfDebt`	$1.88M	USD	1 Quarter
Gain from settlement of liabilities of discontinued operations, net of tax	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain from settlement of liabilities of discontinued operations, net of tax	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-150.75K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.54M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-321.03K	USD	2 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	344.31M	shares	2 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	344.31M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	321.21M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	321.21M	shares	2 Qtrs
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	671.22M	shares	1 Quarter
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	671.22M	shares	2 Qtrs
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	2 Qtrs
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) from continuing operations	`NetIncomeLoss`	$-150.75K	USD	1 Quarter
Net income (loss) from continuing operations	`NetIncomeLoss`	$1.54M	USD	2 Qtrs
Net income (loss) from continuing operations	`NetIncomeLoss`	$1.70M	USD	1 Quarter
Net income (loss) from continuing operations	`NetIncomeLoss`	$-321.03K	USD	2 Qtrs
Gain from settlement of liabilities of discontinued operations	`GainsLossesOnExtinguishmentOfDebt`	$1.88M	USD	2 Qtrs
Gain from settlement of liabilities of discontinued operations	`GainsLossesOnExtinguishmentOfDebt`	$1.88M	USD	1 Quarter
Gain from settlement of liabilities of discontinued operations	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain from settlement of liabilities of discontinued operations	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
(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	2 Qtrs
(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`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$60.00K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$3.71K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$93.24K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.55K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$104.38K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$120.23K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$84.04K	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$70.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-44.86K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-90.20K	USD	2 Qtrs
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$55.00K	USD	2 Qtrs
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$90.00K	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$10.00K	USD	2 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$90.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$45.00K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-200.00	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$144.00	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$272.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$154.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$272.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$154.00	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

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