Vivic Corp. 10-K Filing
Ticker: VIVC · Form: 10-K · Filed: Apr 16, 2024 · CIK: 1703073
| Field | Detail |
|---|---|
| Company | Vivic Corp. (VIVC) |
| Form Type | 10-K |
| Filed Date | Apr 16, 2024 |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $2.6 billion, $7.3 billion, $1.6 million, $10 million |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 10-K filing submitted by Vivic Corp. (ticker: VIVC) to the SEC on Apr 16, 2024.
What are the key financial figures in this filing?
Key dollar amounts include: $0.001 () OF THE ACT: Common Stock, par value $0.001 per share (Title of Class) Indicate); $2.6 billion (c water craft market will increase from $2.6 billion in 2013 to $7.3 billion in 2024. Our); $7.3 billion (l increase from $2.6 billion in 2013 to $7.3 billion in 2024. Our current primary goal is); $1.6 million (ond half of 2023, achieving revenues of $1.6 million for all of 2023. We now have in-house a); $10 million (achieve revenues for 2024 in excess of $10 million if we can deliver in 2024 all of the ya).
How long is this filing?
Vivic Corp.'s 10-K filing is 15 pages with approximately 4,577 words. Estimated reading time is 18 minutes.
Where can I view the full 10-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 4,577 words · 18 min read · ~15 pages · Grade level 16.2 · Accepted 2024-04-15 18:36:49
Key Financial Figures
- $0.001 — ) OF THE ACT: Common Stock, par value $0.001 per share (Title of Class) Indicate
- $2.6 billion — c water craft market will increase from $2.6 billion in 2013 to $7.3 billion in 2024. Our
- $7.3 billion — l increase from $2.6 billion in 2013 to $7.3 billion in 2024. Our current primary goal is
- $1.6 million — ond half of 2023, achieving revenues of $1.6 million for all of 2023. We now have in-house a
- $10 million — achieve revenues for 2024 in excess of $10 million if we can deliver in 2024 all of the ya
- $50 million — oval, remit foreign currency of up to US$50 million (or its equivalent) and US$5 million (o
- $5 million — US$50 million (or its equivalent) and US$5 million (or its equivalent), respectively, each
- $100,000 — om Taiwan foreign currencies of up to US$100,000 (or its equivalent) per remittance if t
Filing Documents
- form10-k.htm (10-K) — 1073KB
- ex3-2.htm (EX-3.2) — 3KB
- ex3-3.htm (EX-3.3) — 6KB
- ex3-4.htm (EX-3.4) — 3KB
- ex3-5.htm (EX-3.5) — 3KB
- ex3-6.htm (EX-3.6) — 2KB
- ex3-7.htm (EX-3.7) — 5KB
- ex4-1.htm (EX-4.1) — 9KB
- ex14-1.htm (EX-14.1) — 103KB
- ex21-1.htm (EX-21.1) — 3KB
- ex31-1.htm (EX-31.1) — 18KB
- ex31-2.htm (EX-31.2) — 18KB
- ex32-1.htm (EX-32.1) — 7KB
- ex32-2.htm (EX-32.2) — 7KB
- form10-k_001.jpg (GRAPHIC) — 7KB
- ex3-2_003.jpg (GRAPHIC) — 338KB
- ex3-2_004.jpg (GRAPHIC) — 296KB
- ex3-3_003.jpg (GRAPHIC) — 363KB
- ex3-3_004.jpg (GRAPHIC) — 510KB
- ex3-3_005.jpg (GRAPHIC) — 484KB
- ex3-3_006.jpg (GRAPHIC) — 533KB
- ex3-3_007.jpg (GRAPHIC) — 52KB
- ex3-4_001.jpg (GRAPHIC) — 337KB
- ex3-4_002.jpg (GRAPHIC) — 388KB
- ex3-5_001.jpg (GRAPHIC) — 331KB
- ex3-5_002.jpg (GRAPHIC) — 379KB
- ex3-6_001.jpg (GRAPHIC) — 303KB
- ex3-7_002.jpg (GRAPHIC) — 283KB
- ex3-7_003.jpg (GRAPHIC) — 583KB
- ex3-7_004.jpg (GRAPHIC) — 463KB
- ex3-7_005.jpg (GRAPHIC) — 333KB
- 0001493152-24-014695.txt ( ) — 13781KB
- vivc-20231231.xsd (EX-101.SCH) — 41KB
- vivc-20231231_cal.xml (EX-101.CAL) — 66KB
- vivc-20231231_def.xml (EX-101.DEF) — 173KB
- vivc-20231231_lab.xml (EX-101.LAB) — 327KB
- vivc-20231231_pre.xml (EX-101.PRE) — 284KB
- form10-k_htm.xml (XML) — 635KB
RISK FACTORS
RISK FACTORS 9 ITEM 1B UNRESOLVED STAFF COMMENTS 22 ITEM 1C CYBERSECURITY 22 ITEM 2
PROPERTIES
PROPERTIES 23 ITEM 3
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 23 ITEM 4 MINE SAFETY DISCLOSURES PART II ITEM 5 MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 23 ITEM 6 [RESERVED] ITEM 7
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 24 ITEM 7A
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 29 ITEM 8
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 30 ITEM 9 CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 30 ITEM 9A
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 30 ITEM 9B OTHER INFORMATION 30 ITEM 9C DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 30 PART III ITEM 10 DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 31 ITEM 11
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 31 ITEM 12
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 31 ITEM 13 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE 32 ITEM 14 PRINCIPAL ACCOUNTANT FEES AND SERVICES 32 PART IV ITEM 15 EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 33 ITEM 16 FORM 10-K SUMMARY 2 INTRODUCTORY COMMENTS We are a Nevada holding company with operations conducted primarily through a branch in Taiwan and we own an entity formed in Hong Kong. Currently, we have no business operations in Hong Kong or mainland China. References in this report to the "Company," "VIVC," "we," "us" and "our" refer to Vivic Corp., a Nevada company, and its subsidiaries and Taiwanese branch on a consolidated basis. Where reference to a specific entity is required, the name of such specific entity will be referenced. All dollar amounts refer to US dollars unless otherwise indicated. 3 CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All statements, other than Discussion and Analysis of Financial Condition and Results of Operations" regarding the Company's market projections, financial position, business strategy and the plans and objectives of management for future operations, events or developments which the Company expects or anticipates will or may occur in the future, including such things as future capital expenditures (including the amount and nature thereof); expansion and growth of the Company's business and operations; and other