Vivic Corp. is a Nevada holding company with no operations of its own. We conduct our operations in China primarily through our subsidiaries in China. We may rely on dividends to be paid by our China subsidiaries to fund our cash and financing requirements, including the funds necessary to pay dividends and other cash distributions to our shareholders, to service any debt we may incur and to pay our operating expenses. There is a possibility that the PRC could prevent our cash maintained in China from leaving or the PRC could restrict the deployment of the cash into our business or for the payment of dividends. Any such controls or restrictions may adversely affect our ability to finance our cash requirements, service debt or make dividend or other distributions to our shareholders. If our China subsidiaries incurs debt on its own behalf in the future, the instruments governing the debt may restrict its ability to pay dividends or make other distributions to us. To date, our subsidiaries have not made any transfers, dividends or distributions to Vivic Corp. and Vivic Corp. has not made any transfers, dividends or distributions to our subsidiaries.
Company profile
Ticker
VIVC
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Latest filings (excl ownership)
10-K
2023 FY
Annual report
15 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Departure of Directors or Certain Officers
21 Feb 24
10-Q
2023 Q3
Quarterly report
14 Nov 23
10-Q
2023 Q2
Quarterly report
15 Aug 23
NT 10-Q
Notice of late quarterly filing
15 Aug 23
8-K
Entry into a Material Definitive Agreement
18 Jul 23
RW
Registration withdrawal request
26 Jun 23
8-K
Entry into a Material Definitive Agreement
30 May 23
10-Q
2023 Q1
Quarterly report
15 May 23
Latest ownership filings
4
Cheng-Hsing Hsu
21 Apr 21
3
Kuen-Horng Tsai
5 Jun 20
3
Cheng-Lung Soong
5 Jun 20
3
Initial statement of insider ownership
5 Jun 20
3
Yun-Kuang Kung
5 Jun 20
3
Hwang Liu Shiang Kung
5 Jun 20
3
Wen-Chi Huang
5 Jun 20
3
Cheng-Hsing Hsu
5 Jun 20
3
Initial statement of insider ownership
5 Jun 20
3
HUILAN CHEN
5 Jun 20
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Apr 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 71.58 k | 71.58 k | 71.58 k | 71.58 k | 71.58 k | 71.58 k |
Cash burn (monthly) | 275.88 k | (no burn) | 6.69 k | 127.49 k | 502.85 k | 24.50 k |
Cash used (since last report) | 1.84 mm | n/a | 44.54 k | 849.19 k | 3.35 mm | 163.22 k |
Cash remaining | -1.77 mm | n/a | 27.04 k | -777.60 k | -3.28 mm | -91.63 k |
Runway (months of cash) | -6.4 | n/a | 4.0 | -6.1 | -6.5 | -3.7 |