10-Q Filing

VIEWBIX INC. CIK: 797542 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001493152-22-022628`
Period End Date	20220630
Filing Date	20220815
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 56 Cash Flow Statement 57 Stockholders Equity 16

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
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`	490.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	34.75M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	34.75M	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$8.00K	USD	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$9.00K	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`	$23.00K	USD	Point-in-time
Other accounts receivable	`AccountsAndOtherReceivablesNetCurrent`	$30.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$44.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$14.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$73.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$156.00K	USD	Point-in-time
Total assets	`Assets`	$156.00K	USD	Point-in-time
Total assets	`Assets`	$73.00K	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrent`	$14.00K	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrent`	$9.00K	USD	Point-in-time
Other accounts payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$224.00K	USD	Point-in-time
Other accounts payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$242.00K	USD	Point-in-time
Parent company loan	`DueToAffiliateCurrent`	$2.38M	USD	Point-in-time
Parent company loan	`DueToAffiliateCurrent`	$2.12M	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$50.00K	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$69.00K	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$69.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.69M	USD	Point-in-time
Ordinary shares of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 34,753,669 shares as of June 30, 2022; and December 31, 2021	`CommonStockValue`	$3.00K	USD	Point-in-time
Ordinary shares of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 34,753,669 shares as of June 30, 2022; and December 31, 2021	`CommonStockValue`	$3.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$13.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$13.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-15.88M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.24M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.62M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.08M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.45M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.16M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.28M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$156.00K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$73.00K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.00K	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.00K	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.00K	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.00K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Gross profit	`GrossProfit`	$25.00K	USD	2 Qtrs
Gross profit	`GrossProfit`	$3.00K	USD	2 Qtrs
Gross profit	`GrossProfit`	$17.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$2.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$12.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.00K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$14.00K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	-	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	-	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$2.00K	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$138.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$142.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$79.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$70.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$19.00K	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	-	USD	2 Qtrs
Other expenses	`OtherGeneralExpense`	-	USD	1 Quarter
Other expenses	`OtherGeneralExpense`	$32.00K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-101.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-147.00K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-74.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-195.00K	USD	2 Qtrs
Financial expenses, net	`FinancialExpensesNet`	$4.00K	USD	1 Quarter
Financial expenses, net	`FinancialExpensesNet`	$67.00K	USD	1 Quarter
Financial expenses, net	`FinancialExpensesNet`	$11.00K	USD	2 Qtrs
Financial expenses, net	`FinancialExpensesNet`	$142.00K	USD	2 Qtrs
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-168.00K	USD	1 Quarter
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-158.00K	USD	2 Qtrs
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-337.00K	USD	2 Qtrs
Loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-78.00K	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Taxes on income	`IncomeTaxExpenseBenefit`	$1.00K	USD	2 Qtrs
Taxes on income	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-79.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-159.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-337.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-168.00K	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasic`	$0.00	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Weighted average number of ordinary shares outstanding used in the computations of loss per share	`WeightedAverageNumberOfSharesOutstandingBasic`	34.75M	shares	2 Qtrs
Weighted average number of ordinary shares outstanding used in the computations of loss per share	`WeightedAverageNumberOfSharesOutstandingBasic`	34.75M	shares	1 Quarter
Weighted average number of ordinary shares outstanding used in the computations of loss per share	`WeightedAverageNumberOfSharesOutstandingBasic`	34.75M	shares	1 Quarter
Weighted average number of ordinary shares outstanding used in the computations of loss per share	`WeightedAverageNumberOfSharesOutstandingBasic`	34.75M	shares	2 Qtrs

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`NetIncomeLoss`	$-79.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-159.00K	USD	2 Qtrs
Net loss for the period	`NetIncomeLoss`	$-337.00K	USD	2 Qtrs
Net loss for the period	`NetIncomeLoss`	$-168.00K	USD	1 Quarter
Finance expenses on loans	`FinanceExpense`	$6.00K	USD	1 Quarter
Finance expenses on loans	`FinanceExpense`	$10.00K	USD	2 Qtrs
Finance expenses on loans	`FinanceExpense`	$70.00K	USD	1 Quarter
Finance expenses on loans	`FinanceExpense`	$139.00K	USD	2 Qtrs
Increase in trade receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$1.00K	USD	2 Qtrs
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-6.00K	USD	2 Qtrs
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-30.00K	USD	2 Qtrs
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-14.00K	USD	1 Quarter
Decrease (increase) in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.00K	USD	1 Quarter
Decrease (increase) in other accounts receivable	`IncreaseDecreaseInOtherReceivables`	$-4.00K	USD	2 Qtrs
Decrease (increase) in other accounts receivable	`IncreaseDecreaseInOtherReceivables`	$-7.00K	USD	2 Qtrs
Decrease (increase) in other accounts receivable	`IncreaseDecreaseInOtherReceivables`	$2.00K	USD	1 Quarter
Decrease (increase) in other accounts receivable	`IncreaseDecreaseInOtherReceivables`	$2.00K	USD	1 Quarter
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$-2.00K	USD	1 Quarter
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$4.00K	USD	1 Quarter
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	$5.00K	USD	2 Qtrs
Increase (decrease) in trade payables	`IncreaseDecreaseInAccountsPayableTrade`	-	USD	2 Qtrs
Decrease in other accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.00K	USD	2 Qtrs
Decrease in other accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	2 Qtrs
Decrease in other accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	1 Quarter
Decrease in other accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.00K	USD	1 Quarter
Increase in parent company loan	`IncreaseDecreaseInDueToAffiliatesCurrent`	$117.00K	USD	2 Qtrs
Increase in parent company loan	`IncreaseDecreaseInDueToAffiliatesCurrent`	$73.00K	USD	1 Quarter
Increase in parent company loan	`IncreaseDecreaseInDueToAffiliatesCurrent`	$67.00K	USD	1 Quarter
Increase in parent company loan	`IncreaseDecreaseInDueToAffiliatesCurrent`	$128.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-30.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-47.00K	USD	2 Qtrs
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by Investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.00K	USD	1 Quarter
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.00K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-47.00K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$134.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$27.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$126.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$74.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$134.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$27.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$57.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$148.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$126.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$74.00K	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`	$-2.62M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.08M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.45M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.16M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-2.28M	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-79.00K	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-159.00K	USD	2 Qtrs
Net loss for the period	`NetIncomeLoss`	$-337.00K	USD	2 Qtrs
Net loss for the period	`NetIncomeLoss`	$-168.00K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-2.24M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.62M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.08M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.45M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.16M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-2.28M	USD	Point-in-time

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