10-Q Filing

VIEWBIX INC. CIK: 797542 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-21-028592`
Period End Date	20210930
Filing Date	20211115
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 56 Cash Flow Statement 68 Stockholders Equity 16

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.00K	USD	Point-in-time
Common Stock, Shares, issued	`CommonStockSharesIssued`	34.75M	shares	Point-in-time
Common Stock, Shares, issued	`CommonStockSharesIssued`	34.75M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.00K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$40.00K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$15.00K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	34.75M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	34.75M	shares	Point-in-time
Other accounts receivable	`AccountsAndOtherReceivablesNetCurrent`	$20.00K	USD	Point-in-time
Other accounts receivable	`AccountsAndOtherReceivablesNetCurrent`	$28.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$10.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$42.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$225.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$180.00K	USD	Point-in-time
Total assets	`Assets`	$180.00K	USD	Point-in-time
Total assets	`Assets`	$225.00K	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrent`	$5.00K	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrent`	$22.00K	USD	Point-in-time
Other accounts payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$219.00K	USD	Point-in-time
Other accounts payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$177.00K	USD	Point-in-time
Payable to parent company	`DueToAffiliateCurrent`	$2.23M	USD	Point-in-time
Payable to parent company	`DueToAffiliateCurrent`	$2.05M	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$50.00K	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$64.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.30M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 34,753,669 shares as of December 31, 2020; and September 30, 2021	`CommonStockValue`	$3.00K	USD	Point-in-time
Common stock of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 34,753,669 shares as of December 31, 2020; and September 30, 2021	`CommonStockValue`	$3.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$13.07M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$13.07M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.41M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.24M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.00M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.33M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.08M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.96M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.69M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$180.00K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$225.00K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$32.00K	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$86.00K	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.00K	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.00K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$1.00K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$5.00K	USD	3 Qtrs
Gross profit	`GrossProfit`	$81.00K	USD	3 Qtrs
Gross profit	`GrossProfit`	$7.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$16.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$32.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$47.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$19.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$59.00K	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$2.00K	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	-	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$8.00K	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$1.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$221.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$70.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$79.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$339.00K	USD	3 Qtrs
Gain from sale of a subsidiary	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain from sale of a subsidiary	`GainLossOnSaleOfBusiness`	$8.00K	USD	3 Qtrs
Gain from sale of a subsidiary	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain from sale of a subsidiary	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-238.00K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-317.00K	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-55.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-91.00K	USD	1 Quarter
Financial income (expenses), net	`FinancialExpensesNet`	$5.00K	USD	1 Quarter
Financial income (expenses), net	`FinancialExpensesNet`	$16.00K	USD	3 Qtrs
Financial income (expenses), net	`FinancialExpensesNet`	$-11.00K	USD	1 Quarter
Financial income (expenses), net	`FinancialExpensesNet`	$-8.00K	USD	3 Qtrs
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-96.00K	USD	1 Quarter
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-254.00K	USD	3 Qtrs
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-309.00K	USD	3 Qtrs
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-44.00K	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	$2.00K	USD	3 Qtrs
Taxes on income	`IncomeTaxExpenseBenefit`	$2.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-44.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-97.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-311.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-256.00K	USD	3 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.00	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.01	USD	3 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.01	USD	3 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.00	USD	1 Quarter
Weighted average number of common stocks outstanding used in the computations of loss per share (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.20M	shares	1 Quarter
Weighted average number of common stocks outstanding used in the computations of loss per share (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.20M	shares	3 Qtrs
Weighted average number of common stocks outstanding used in the computations of loss per share (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.20M	shares	3 Qtrs
Weighted average number of common stocks outstanding used in the computations of loss per share (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.20M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`NetIncomeLoss`	$-44.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-97.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-311.00K	USD	3 Qtrs
Net loss for the period	`NetIncomeLoss`	$-256.00K	USD	3 Qtrs
Depreciation	`Depreciation`	-	USD	3 Qtrs
Depreciation	`Depreciation`	$5.00K	USD	3 Qtrs
Depreciation	`Depreciation`	-	USD	1 Quarter
Depreciation	`Depreciation`	-	USD	1 Quarter
Gain from sale of a subsidiary	`GainFromSaleOfSubsidiary`	-	USD	3 Qtrs
Gain from sale of a subsidiary	`GainFromSaleOfSubsidiary`	$8.00K	USD	3 Qtrs
Gain from sale of a subsidiary	`GainFromSaleOfSubsidiary`	-	USD	1 Quarter
Gain from sale of a subsidiary	`GainFromSaleOfSubsidiary`	-	USD	1 Quarter
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.00K	USD	1 Quarter
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-7.00K	USD	3 Qtrs
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$7.00K	USD	1 Quarter
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-7.00K	USD	3 Qtrs
Decrease (increase) in other receivables	`IncreaseDecreaseInOtherReceivables`	$12.00K	USD	1 Quarter
Decrease (increase) in other receivables	`IncreaseDecreaseInOtherReceivables`	$-105.00K	USD	3 Qtrs
Decrease (increase) in other receivables	`IncreaseDecreaseInOtherReceivables`	$1.00K	USD	1 Quarter
Decrease (increase) in other receivables	`IncreaseDecreaseInOtherReceivables`	$8.00K	USD	3 Qtrs
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$25.00K	USD	1 Quarter
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00K	USD	1 Quarter
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$-76.00K	USD	3 Qtrs
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$25.00K	USD	3 Qtrs
Financing expenses from short-term loans	`IncreaseDecreaseInFinancingExpensesFromShorttermLoans`	-	USD	1 Quarter
Financing expenses from short-term loans	`IncreaseDecreaseInFinancingExpensesFromShorttermLoans`	$14.00K	USD	3 Qtrs
Financing expenses from short-term loans	`IncreaseDecreaseInFinancingExpensesFromShorttermLoans`	-	USD	3 Qtrs
Financing expenses from short-term loans	`IncreaseDecreaseInFinancingExpensesFromShorttermLoans`	$4.00K	USD	1 Quarter
Decrease in other accounts payables	`IncreaseDecreaseInOtherAccountsPayable`	$-12.00K	USD	1 Quarter
Decrease in other accounts payables	`IncreaseDecreaseInOtherAccountsPayable`	-	USD	1 Quarter
Decrease in other accounts payables	`IncreaseDecreaseInOtherAccountsPayable`	$-51.00K	USD	3 Qtrs
Decrease in other accounts payables	`IncreaseDecreaseInOtherAccountsPayable`	-	USD	3 Qtrs
Increase in payable to parent company	`IncreaseDecreaseInDueToAffiliatesCurrent`	$55.00K	USD	1 Quarter
Increase in payable to parent company	`IncreaseDecreaseInDueToAffiliatesCurrent`	$292.00K	USD	3 Qtrs
Increase in payable to parent company	`IncreaseDecreaseInDueToAffiliatesCurrent`	$172.00K	USD	3 Qtrs
Increase in payable to parent company	`IncreaseDecreaseInDueToAffiliatesCurrent`	$51.00K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.00K	USD	3 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-46.00K	USD	3 Qtrs
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.00K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.00K	USD	1 Quarter
Cash received from sale of a subsidiary	`ProceedsFromDivestitureOfBusinesses`	$13.00K	USD	3 Qtrs
Cash received from sale of a subsidiary	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Cash received from sale of a subsidiary	`ProceedsFromDivestitureOfBusinesses`	-	USD	1 Quarter
Cash received from sale of a subsidiary	`ProceedsFromDivestitureOfBusinesses`	-	USD	1 Quarter
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	$13.00K	USD	3 Qtrs
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-46.00K	USD	3 Qtrs
Decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.00K	USD	1 Quarter
Decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.00K	USD	1 Quarter
Decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.00K	USD	3 Qtrs
Cash and cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$126.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$79.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$102.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$89.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$126.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$79.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$102.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$89.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$65.00K	USD	Point-in-time
Current assets excluding cash and cash equivalents	`CurrentAssetsExcludingCashAndCashEquivalent`	$6.00K	USD	Point-in-time
Current liabilities	`LiabilitiesCurrentOne`	$-1.00K	USD	Point-in-time
Gain from sale of a subsidiary	`SupplementalGainFromSalesOfSubsidiary`	$8.00K	USD	Point-in-time
Cash received from the sale of a subsidiary	`SupplementalCashReceivedFromSaleOfSubsidiarie`	$13.00K	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-2.24M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.00M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.33M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.08M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-1.96M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-1.69M	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-44.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-97.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-311.00K	USD	3 Qtrs
Net loss for the period	`NetIncomeLoss`	$-256.00K	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$-2.24M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.00M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.33M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.08M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-1.96M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-1.69M	USD	Point-in-time

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