Investment Thesis
Visium Technologies is technically insolvent with negative stockholders' equity of $6.4M, zero revenue (100% YoY decline), and $23.9K in cash remaining against $3.7M in liabilities. The company is burning $292.7K annually in operating losses with no operational activity, making imminent bankruptcy or dissolution highly probable.
Strengths
- Small residual cash balance of $23.9K provides minimal runway
- Total liabilities of $3.7M are manageable relative to some distressed companies
- Zero operational expenses due to complete cessation of business
Risks
- Negative stockholders' equity of -$6.4M indicates technical insolvency and zero recovery value for equity holders
- Complete operational shutdown with zero revenue and inability to resume operations
- Liquidity crisis with current ratio 0.00x and $23.9K cash vs $3.7M liabilities - estimated 1 month until cash depletion
- Cannot service debt obligations (interest coverage ratio of -4.9x)
- Likely bankruptcy, asset liquidation, or dissolution imminent
Key Metrics to Watch
- Cash balance trajectory and months of runway remaining
- Stockholders' equity trend toward zero
- Any new revenue generation or operational resumption
- Debt restructuring or bankruptcy filing announcements
- Asset liquidation proceeds and recovery value
Financial Metrics
Revenue
0.0
Net Income
-950.6K
EPS (Diluted)
$0.00
Free Cash Flow
-292.7K
Total Assets
27.6K
Cash
23.9K
Profitability Ratios
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
ROE
N/A
ROA
-3,440.7%
FCF Margin
N/A
Balance Sheet & Liquidity
Current Ratio
0.00x
Quick Ratio
0.00x
Debt/Equity
N/A
Debt/Assets
13,265.0%
Interest Coverage
-4.92x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-04-18T16:42:20.678338 |
Data as of: 2025-12-31 |
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