Viewbix Inc. Files 10-Q for Q2 2025

Ticker: VBIX · Form: 10-Q · Filed: Aug 19, 2025 · CIK: 797542

Sentiment: neutral

Topics: 10-Q, financials, software

TL;DR

Viewbix Inc. 10-Q filed for Q2 2025. Financials out.

AI Summary

Viewbix Inc. filed its 10-Q for the period ending June 30, 2025. The company, formerly known as Virtual Crypto Technologies, Inc., Emerald Medical Applications Corp., and ZAXIS INTERNATIONAL INC, is based in Tel Aviv, Israel. The filing covers financial information for the second quarter and the first half of the fiscal year.

Why It Matters

This 10-Q filing provides investors with a quarterly update on Viewbix Inc.'s financial performance and operational status, crucial for understanding the company's trajectory.

Risk Assessment

Risk Level: medium — The company has a history of name changes and operates internationally, which can introduce complexities and risks.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Viewbix Inc.?

Viewbix Inc. is classified under SIC code 7372, Services-Prepackaged Software.

When was Viewbix Inc. previously known as Virtual Crypto Technologies, Inc.?

The date of name change from Virtual Crypto Technologies, Inc. to Viewbix Inc. was March 12, 2018.

Where is Viewbix Inc. located?

Viewbix Inc.'s business and mailing address is 3 Hanehoshit St, Building B, 7th Floor, Tel Aviv, L3 6971068, Israel.

What is the SEC file number for this filing?

The SEC file number for this 10-Q filing is 001-42681.

What fiscal year end does Viewbix Inc. observe?

Viewbix Inc.'s fiscal year ends on December 31.

Filing Stats: 4,644 words · 19 min read · ~15 pages · Grade level 12.9 · Accepted 2025-08-19 16:06:25

Key Financial Figures

Filing Documents

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION 3 ITEM 1.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 3 ITEM 2.

MANAGEMENT'S DISCUSSION AND ANALYSIS AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS AND RESULTS OF OPERATIONS 41 ITEM 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 51 ITEM 4.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 51

- OTHER INFORMATION

PART II - OTHER INFORMATION 51 ITEM 1.

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 51 ITEM 1A.

RISK FACTORS

RISK FACTORS 51 ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 54 ITEM 3. DEFAULT UPON SENIOR SECURITIES 54 ITEM 4. MINE SAFETY DISCLOSURE 54 ITEM 5. OTHER INFORMATION 54 ITEM 6. EXHIBITS 54

SIGNATURES

SIGNATURES 55 -2- PART I - FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS VIEWBIX INC. INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) June 30, 2025 CONTENTS Page Interim Condensed Consolidated Balance Sheets (unaudited) 4 - 5 Interim Condensed Consolidated Statements of Operations (unaudited) 6 Interim Condensed Consolidated Statements of Changes in Shareholders' Equity (unaudited) 7 – 8 Interim Condensed Consolidated Statements of Cash Flows (unaudited) 9 - 10 Notes to the Interim Condensed Consolidated Financial Statements (unaudited) 11 - 40 -3- VIEWBIX INC. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) U.S. dollars in thousands (except share data) As of As of Note June 30 , 2025 December 31, 2024 ASSETS CURRENT ASSETS Cash and cash equivalents 1,988 624 Restricted deposits 173 58 Accounts receivable 1,049 1,832 Loan to parent company 3 - 3,981 Other current assets 933 1,257 Total current assets 4,143 7,752 NON-CURRENT ASSETS Deferred taxes 38 56 Property and equipment, net 108 27 Intangible assets, net 5 9,257 9,552 Goodwill 5 6,554 4,579 Total non-current assets 15,957 14,214 Total assets 20,100 21,966 The accompanying notes are an integral part of these Interim Condensed Consolidated financial statements. -4- VIEWBIX INC. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Cont.) U.S. dollars in thousands (except share data) As of As of Note June 30, 2025 December 31, 2024 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable 5,531 5,935 Short-term loans 7 3,152 2,310 Current maturities of long-term loans 7 2,233 3,064 Embedded derivatives 7,8 - 29 Short-term convertible loans 7 867 779 Other payables 874 812 Total current liabilities 12,657 12,929 NON-CURRENT LIABILITIES Long-term loans, net of current maturities 7 - 496

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