10-Q Filing

VISIUM TECHNOLOGIES, INC. CIK: 1082733 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-004807`
Period End Date	20150331
Filing Date	20180405
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	nseh-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 56 Cash Flow Statement 44

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`	$38.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$65.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$248.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$65.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$248.00	USD	Point-in-time
Total assets	`Assets`	$65.00	USD	Point-in-time
Total assets	`Assets`	$248.00	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`	1.00B	shares	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
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$449.37K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.15B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	779.60M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$441.09K	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$302.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.15B	shares	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$167.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	779.60M	shares	Point-in-time
Accrued interest	`InterestPayableCurrent`	$729.81K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$729.85K	USD	Point-in-time
Settlement due to ASC Recap LLC	`DueToRelatedPartiesCurrent`	$2.40M	USD	Point-in-time
Settlement due to ASC Recap LLC	`DueToRelatedPartiesCurrent`	$2.51M	USD	Point-in-time
Convertible notes payable to ASC Recap LLC, net of discount	`ConvertibleNotesPayableToRelatedPartiesCurrent`	$43.84K	USD	Point-in-time
Convertible notes payable to ASC Recap LLC, net of discount	`ConvertibleNotesPayableToRelatedPartiesCurrent`	$123.46K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.24M	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$1.55M	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`	$356.29K	USD	Point-in-time
Derivative liabilities	`DerivativeLiabilitiesCurrent`	$291.46K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.87M	USD	Point-in-time
Common stock, $0.0001 par value, 20,000,000,000 shares authorized: 2,150,954,197 shares issued and outstanding as of March 31, 2015 and 779,603,202 as of June 30, 2014 (See Note 7)	`CommonStockValue`	$2.15M	USD	Point-in-time
Common stock, $0.0001 par value, 20,000,000,000 shares authorized: 2,150,954,197 shares issued and outstanding as of March 31, 2015 and 779,603,202 as of June 30, 2014 (See Note 7)	`CommonStockValue`	$779.60K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$33.62M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$34.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.65M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-5.53M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-5.87M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$65.00	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$247.00	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	3 Qtrs
Net revenues	`Revenues`	-	USD	1 Quarter
Net revenues	`Revenues`	-	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$84.05K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$263.54K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$281.88K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.23K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$263.54K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$84.05K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$281.88K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$65.23K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-281.88K	USD	3 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-263.54K	USD	3 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-65.23K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-84.05K	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$604.50K	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$64.83K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$235.67K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$54.04K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$83.20K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$158.42K	USD	3 Qtrs
Gain from settlement of liabilities of discontinued operations, net of tax	`GainFromSettlementOfLiabilitiesOfDiscontinuedOperationsNetOfTax`	$-422.98K	USD	3 Qtrs
Gain from settlement of liabilities of discontinued operations, net of tax	`GainFromSettlementOfLiabilitiesOfDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Gain from settlement of liabilities of discontinued operations, net of tax	`GainFromSettlementOfLiabilitiesOfDiscontinuedOperationsNetOfTax`	-	USD	3 Qtrs
Gain from settlement of liabilities of discontinued operations, net of tax	`GainFromSettlementOfLiabilitiesOfDiscontinuedOperationsNetOfTax`	$-116.87K	USD	1 Quarter
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	$-11.93K	USD	3 Qtrs
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	3 Qtrs
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$404.42K	USD	1 Quarter
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-158.42K	USD	3 Qtrs
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-605.75K	USD	3 Qtrs
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-54.04K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-869.29K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$320.37K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-119.27K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$440.30K	USD	3 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Income (loss) per common share - diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	344.31M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	321.21M	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	344.31M	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	321.21M	shares	1 Quarter
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	3 Qtrs
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	671.22M	shares	3 Qtrs
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	1 Quarter
Weighted average common shares outstanding diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	-	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-869.29K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$320.37K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-119.27K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$440.30K	USD	3 Qtrs
Loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	$-339.42K	USD	3 Qtrs
Loss on settlement of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	$-11.93K	USD	3 Qtrs
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Loss on reconstruction of debt	`GainsLossesOnRestructuringOfDebt`	-	USD	3 Qtrs
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$604.50K	USD	1 Quarter
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Gain on change in fair value of derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$64.83K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$60.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$60.00K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$79.62K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.28K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.55K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$156.04K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$158.42K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$135.00K	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$130.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-134.82K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-95.43K	USD	3 Qtrs
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$95.00K	USD	3 Qtrs
Proceeds from issuance of convertible notes payable	`ProceedsFromConvertibleDebt`	$135.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$95.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$135.00K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$179.00	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-432.00	USD	3 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$248.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$65.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$248.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$471.00	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

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