VIRTUAL INTERACTIVE TECHNOLOGIES CORP. (VRVR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
600 17TH STREET DENVER, CO 80202 |
| State of Incorp. | CO |
| Fiscal Year End | September 30 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 MRQ | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 11/30/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9 | 36 | 251 | 36 | 36 | 49 | |||
| Cash and cash equivalents | 9 | 36 | 251 | 36 | 36 | 49 | |||
| Receivables | 30 | 30 | 28 | 27 | 9 | ||||
| Prepaid expense | 1,935 | 1,956 | |||||||
| Other current assets | 3 | ||||||||
| Other undisclosed current assets | 105 | 84 | 116 | 171 | 270 | ||||
| Total current assets: | 2,079 | 2,106 | 395 | 234 | 317 | 49 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 36 | 101 | |||||||
| Other undisclosed noncurrent assets | 8 | ||||||||
| Total noncurrent assets: | 8 | 36 | 101 | ||||||
| TOTAL ASSETS: | 2,079 | 2,106 | 403 | 234 | 354 | 151 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 33 | 35 | 37 | 7 | 94 | 24 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 2 | 1 | 5 | 3 | ||
| Accounts payable | 21 | ||||||||
| Accrued liabilities | 50 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | (17) | 35 | 35 | 6 | 89 | ||||
| Debt | 376 | 263 | 62 | 10 | 10 | ||||
| Due to related parties | 741 | 741 | 10 | 51 | |||||
| Other liabilities | 24 | ||||||||
| Other undisclosed current liabilities | 309 | 258 | 2 | 1 | 9 | 1 | |||
| Total current liabilities: | 1,459 | 1,296 | 101 | 28 | 164 | 49 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 10 | 10 | 45 | 45 | |||||
| Long-term debt, excluding current maturities | 10 | 10 | 45 | 45 | |||||
| Liabilities, other than long-term debt | 741 | 741 | 759 | 5 | |||||
| Due to related parties | 741 | 741 | 759 | 5 | |||||
| Other undisclosed noncurrent liabilities | 2 | 2 | 168 | 118 | 69 | ||||
| Total noncurrent liabilities: | 12 | 12 | 909 | 859 | 873 | 50 | |||
| Total liabilities: | 1,471 | 1,308 | 1,010 | 887 | 1,038 | 99 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 608 | 797 | (607) | (653) | (684) | 52 | |||
| Preferred stock | 1 | ||||||||
| Common stock | 8 | 8 | 7 | 7 | 7 | 6 | |||
| Additional paid in capital | 8,271 | 7,595 | 4,518 | 4,353 | 4,313 | 287 | |||
| Accumulated deficit | (7,675) | (6,809) | (5,139) | (5,020) | (5,010) | (242) | |||
| Other undisclosed equity, attributable to parent | 3 | 3 | 6 | 6 | 6 | ||||
| Total equity: | 608 | 797 | (607) | (653) | (684) | 52 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,079 | 2,106 | 403 | 234 | 354 | 151 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 TTM | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 11/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 142 | 131 | 194 | 256 | 334 | |||
| Gross profit: | 142 | 131 | 194 | 256 | 334 | |||
| Operating expenses | (1,832) | (1,265) | (265) | (297) | (1,168) | (40) | ||
| Operating loss: | (1,690) | (1,135) | (71) | (41) | (833) | (40) | ||
| Nonoperating income (expense) | (560) | (536) | (48) | 31 | 190 | (4) | ||
| Other nonoperating income (expense) | 1 | 2 | 2 | 3 | (8) | (1) | ||
| Interest and debt expense | (55) | (56) | (49) | 77 | (182) | (3) | ||
| Income (loss) from continuing operations: | (2,305) | (1,726) | (168) | 67 | (826) | (47) | ||
| Income (loss) before gain (loss) on sale of properties: | (1,425) | (1,726) | (168) | 67 | (826) | (47) | ||
| Other undisclosed net income | 3 | |||||||
| Net income (loss): | (2,305) | (1,726) | (168) | 67 | (826) | (44) | ||
| Other undisclosed net income (loss) attributable to parent | 55 | 56 | 49 | (77) | (197) | |||
| Net loss available to common stockholders, diluted: | (2,249) | (1,670) | (119) | (10) | (1,023) | (44) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 TTM | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | 11/30/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,305) | (1,726) | (168) | 67 | (826) | (44) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,305) | (1,726) | (168) | 67 | (826) | (44) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.