Viewbix Inc. SEC 10-Q Report

Viewbix Inc., a company specializing in technological software solutions for internet campaign automation and digital content creation, has released its Q3 2025 10-Q report. The report outlines significant financial and operational challenges faced by the company, including a notable decrease in revenues and the impact of geopolitical events on its operations.

Financial Highlights

Revenues: $5.014 million, reflecting a significant decrease from $17.335 million in the same period last year, primarily due to the Cortex Adverse Effect and a decrease in user traffic.

Operating Loss: $5.890 million, compared to $6.490 million in the prior year, indicating a slight improvement despite the challenging market conditions.

Net Loss: $16.262 million, a substantial increase from $9.374 million in the previous year, driven by goodwill impairment and increased financial expenses.

Net Loss Per Share – Basic and diluted attributed to shareholders: $2.42, compared to $2.18 in the previous year, reflecting the increased net loss.

Business Highlights

Revenue Segments: The company operates in two main segments: the search segment and the digital content segment. The search segment develops technological software solutions for internet campaign automation, optimization, and monetization, while the digital content segment focuses on creating and editing content for different target audiences to generate revenue from leading advertising platforms.

Geographical Performance: The substantial amount of non-current assets is derived from Israel, and the substantial amount of revenues is derived from the United States, indicating a strong market presence in these regions.

Impact of Geopolitical Events: The 'Iron Swords' war in Israel has indirectly affected operations, revenues, and profitability due to the recruitment of senior employees to military reserves. The company has filed for compensation with the Israeli Tax Authority for the decrease in revenues related to the war.

Cortex Adverse Effect: A significant customer of Cortex, a subsidiary, ceased advertising on Cortex's sites, impacting its business and operations. This was due to a policy decision to stop advertising on Made for Advertising (MFA) sites, leading to a goodwill impairment in the digital content segment.

New Acquisition: On March 24, 2025, the company acquired 100% of Metagramm Software Ltd., which specializes in developing advanced writing assistance tools leveraging AI, machine learning, and natural language processing technologies. This acquisition is expected to enhance the company's product offerings.

Future Outlook: The company is focused on reducing operational expenses and creating new partnerships to address the challenges posed by decreased revenues in its segments. Additionally, the company has raised funds through private placements and facility agreements to support its operations and improve its financial position.

SEC Filing: Viewbix Inc. [ VBIX ] - 10-Q - Aug. 19, 2025