View Systems Inc (VSYM) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1550 CATON CENTER DRIVE BALTIMORE, MD 21227 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 738 - Miscellaneous Business Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,138 | 835 | 436 | 436 | |||||
Cash and cash equivalents | 1,138 | 835 | 436 | 436 | |||||
Receivables | 20,000 | 20,000 | 20,000 | 20,000 | 26,419 | 26,419 | |||
Total current assets: | 20,000 | 21,138 | 20,000 | 20,835 | 26,855 | 26,855 | |||
Noncurrent Assets | |||||||||
Intangible assets, net (including goodwill) | 21,080 | 23,715 | |||||||
Intangible assets, net (excluding goodwill) | 21,080 | 23,715 | |||||||
Total noncurrent assets: | 21,080 | 23,715 | |||||||
TOTAL ASSETS: | 41,080 | 44,853 | 20,000 | 20,835 | 26,855 | 26,855 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 331,465 | 148,965 | 148,965 | 161,715 | 302,774 | 302,774 | |||
Interest and dividends payable | 33,264 | 33,264 | 23,695 | 13,841 | 1,322 | 1,322 | |||
Employee-related liabilities | 134,237 | 134,237 | 134,237 | 134,237 | 134,237 | 134,237 | |||
Accounts payable | 163,964 | 167,215 | 167,215 | ||||||
Other undisclosed accounts payable and accrued liabilities | (18,536) | (8,967) | 13,637 | ||||||
Debt | 252,301 | 203,093 | 179,098 | 142,421 | 177,132 | 155,825 | |||
Derivative instruments and hedges, liabilities | 822,543 | 2,015,832 | 626,118 | 383,852 | 336,562 | 269,299 | |||
Due to related parties | 263,512 | 263,512 | 263,512 | 266,512 | 266,512 | 266,512 | |||
Other undisclosed current liabilities | |||||||||
Total current liabilities: | 1,669,821 | 2,631,402 | 1,217,693 | 954,500 | 1,082,980 | 994,410 | |||
Noncurrent Liabilities | |||||||||
Other undisclosed liabilities | 672,115 | 779,616 | 710,047 | 640,193 | |||||
Total liabilities: | 2,341,936 | 3,411,018 | 1,927,740 | 1,594,693 | 1,082,980 | 994,410 | |||
Equity | |||||||||
Equity, attributable to parent, including: | (2,300,856) | (3,366,165) | (1,907,740) | (1,573,858) | (1,056,125) | (967,555) | |||
Preferred stock | 5,590 | 5,590 | 5,590 | 5,590 | 5,590 | 5,590 | |||
Common stock | 2,439,158 | 1,496,192 | 729,683 | 560,915 | 376,520 | 368,520 | |||
Common stock, share subscribed but unissued, subscriptions receivable | (10,000) | (7,000) | (5,000) | (4,500) | (16,000) | (16,000) | |||
Additional paid in capital | 26,581,905 | 27,407,542 | 27,947,236 | 27,870,014 | 27,645,951 | 27,633,151 | |||
Accumulated deficit | (31,370,009) | (32,312,989) | (30,615,749) | (30,030,877) | (29,100,186) | (28,990,816) | |||
Other undisclosed equity, attributable to parent | 52,500 | 44,500 | 30,500 | 25,000 | 32,000 | 32,000 | |||
Total equity: | (2,300,856) | (3,366,165) | (1,907,740) | (1,573,858) | (1,056,125) | (967,555) | |||
TOTAL LIABILITIES AND EQUITY: | 41,080 | 44,853 | 20,000 | 20,835 | 26,855 | 26,855 |
Income Statement (P&L) (USD)Annual | Quarterly
12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 700 | |||||||
Gross profit: | 700 | |||||||
Operating expenses | (89,340) | (70,630) | (107,209) | (642,108) | (35,000) | (12,318) | ||
Other undisclosed operating income | ||||||||
Operating loss: | (89,340) | (70,630) | (107,209) | (642,108) | (35,000) | (11,618) | ||
Nonoperating income (expense) | 1,032,320 | (1,626,610) | (477,663) | (288,583) | (74,370) | (115,668) | ||
Other nonoperating expense | (115,668) | |||||||
Interest and debt expense | (38,640) | (60,647) | (112,357) | (30,607) | (36,307) | (15,221) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | 904,340 | (1,757,887) | (697,229) | (961,298) | (145,677) | (142,507) | ||
Other undisclosed income from continuing operations before income taxes | ||||||||
Income (loss) from continuing operations: | 904,340 | (1,757,887) | (697,229) | (961,298) | (145,677) | (142,507) | ||
Income (loss) before gain (loss) on sale of properties: | 904,340 | (1,757,887) | (697,229) | (961,298) | (145,677) | (142,507) | ||
Net income (loss): | 904,340 | (1,757,887) | (697,229) | (961,298) | (145,677) | (142,507) | ||
Other undisclosed net income (loss) attributable to parent | 38,640 | 60,647 | 112,357 | 30,607 | 36,307 | 15,221 | ||
Net income (loss) attributable to parent: | 942,980 | (1,697,240) | (584,872) | (930,691) | (109,370) | (127,286) | ||
Other undisclosed net loss available to common stockholders, basic | (198,915) | |||||||
Net income (loss) available to common stockholders, diluted: | 942,980 | (1,697,240) | (584,872) | (1,129,606) | (109,370) | (127,286) |
Comprehensive Income (USD)Annual | Quarterly
12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 904,340 | (1,757,887) | (697,229) | (961,298) | (145,677) | (142,507) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 904,340 | (1,757,887) | (697,229) | (961,298) | (145,677) | (142,507) |
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.