10-Q Filing

VISIUM TECHNOLOGIES, INC. CIK: 1082733 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-004803`
Period End Date	20140930
Filing Date	20180405
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	nseh-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 24 Cash Flow Statement 38

Balance Sheet 49 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`	$1.47K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.00K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$65.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$65.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.47K	USD	Point-in-time
Total assets	`Assets`	$1.47K	USD	Point-in-time
Total assets	`Assets`	$65.00	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`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	20.00B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	779.60M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$449.37K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	862.58M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$443.87K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$227.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	779.60M	shares	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$167.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	862.58M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$617.90K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$729.85K	USD	Point-in-time
Settlement due to ASC Recap LLC	`DueToRelatedPartiesCurrent`	$2.51M	USD	Point-in-time
Settlement due to ASC Recap LLC	`DueToRelatedPartiesCurrent`	$2.40M	USD	Point-in-time
Convertible notes payable to ASC Recap LLC	`ConvertibleNotesPayableToRelatedPartiesCurrent`	$70.38K	USD	Point-in-time
Convertible notes payable to ASC Recap LLC	`ConvertibleNotesPayableToRelatedPartiesCurrent`	$43.84K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.24M	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.44M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$40.24K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$40.24K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$1.39M	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$356.29K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.64M	USD	Point-in-time
Common stock, $0.0001 par value, 20,000,000,000 shares authorized: 862,583,187 shares issued and outstanding as of September 30, 2014 and 779,603,292 at June 30, 2014 (See Note 7)	`CommonStockValue`	$862.58K	USD	Point-in-time
Common stock, $0.0001 par value, 20,000,000,000 shares authorized: 862,583,187 shares issued and outstanding as of September 30, 2014 and 779,603,292 at June 30, 2014 (See Note 7)	`CommonStockValue`	$779.60K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.46M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.99M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-6.63M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-5.53M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$65.00	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.47K	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`	$87.60K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$124.92K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$124.92K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$87.60K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-124.92K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-87.60K	USD	1 Quarter
Loss on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-1.04M	USD	1 Quarter
Loss on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$70.68K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$45.36K	USD	1 Quarter
Loss on restructuring of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on restructuring of debt	`GainsLossesOnRestructuringOfDebt`	$-11.93K	USD	1 Quarter
Loss on debt settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt settlement	`GainsLossesOnExtinguishmentOfDebt`	$-7.72K	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-45.36K	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-1.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-170.28K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.22M	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`	415.69M	shares	1 Quarter
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	344.31M	shares	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-170.28K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.22M	USD	1 Quarter
Loss on restructuring of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on restructuring of debt	`GainsLossesOnRestructuringOfDebt`	$-11.93K	USD	1 Quarter
Loss on debt settlement	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt settlement	`GainsLossesOnExtinguishmentOfDebt`	$-7.72K	USD	1 Quarter
(Gain) loss on change in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	$-1.04M	USD	1 Quarter
(Gain) loss on change in fair value of derivative liability	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$26.54K	USD	1 Quarter
Common stock issued as compensation	`ShareBasedCompensation`	$60.00K	USD	1 Quarter
Common stock issued as compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.49K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.45K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$45.54K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$44.14K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$60.00K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$10.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-53.48K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-36.09K	USD	1 Quarter
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$37.50K	USD	1 Quarter
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$55.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$37.50K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$55.00K	USD	1 Quarter
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.53K	USD	1 Quarter
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.41K	USD	1 Quarter
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.47K	USD	Point-in-time
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`	$65.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.47K	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`	$65.00	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.