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OZ Vision Inc. (UNXP) filed an amended annual report (10-K/A) solely to add XBRL data. The filing restates FY2025 results without other changes. The company operates a small transportation and logistics business and is exploring, but has not begun, promoting mixed martial arts events leveraging a Nevada promoter license acquired in 2023.
For the year ended June 30, 2025, revenue was $54,232 versus $240,717 in 2024, and net loss was $65,601 versus $2,481,158, reflecting sharply lower advisory fees and no equipment impairment this year. Cash was $52 at year-end, and the auditor cited substantial doubt about the company’s ability to continue as a going concern. Total assets were $13.71 million, largely intangible assets ($13.10 million). Accounts payable were $1.10 million. Shares outstanding were 29,372,951 as of June 30, 2025. The company reported a material weakness in internal control over financial reporting. FINRA approved the name change to OZ Vision Inc. effective September 23, 2025.
OZ Vision Inc. (UNXP) filed its annual report, detailing FY2025 results and liquidity risks. The company generated revenue of $54,232 for the year ended June 30, 2025, down from $240,717 in 2024. Cost of goods sold was $54,692, resulting in a gross loss of $460. Operating expenses totaled $65,141, leading to a net loss of $65,601.
Cash was $52 at year-end, and auditors included a going concern emphasis citing an accumulated deficit of $2,620,962 and negative working capital. The balance sheet shows $13.10 million of intangible assets tied to the Nevada Professional Promoter license and producer lifetime rights, plus $610,417 of production and stage equipment not yet placed into service. Accounts payable were $1,099,710, including $1,041,714 owed to a significant stockholder.
Shares outstanding were 29,372,951 as of June 30, 2025. Management reported a material weakness in internal control over financial reporting. The company continues logistics operations while evaluating mixed martial arts event promotion; no MMA operations have commenced.