2015 Q3 Form 10-Q Financial Statement
#000114420415067575 Filed on November 23, 2015
Income Statement
| Concept | 2015 Q3 | 2014 Q3 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $900.0K | $1.390M |
| YoY Change | -35.25% | 131.67% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | $0.00 |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $1.705M | $1.395M |
| YoY Change | 22.22% | 132.28% |
| Operating Profit | -$1.705M | -$1.395M |
| YoY Change | 22.22% | 132.28% |
| Interest Expense | $78.10K | $44.48K |
| YoY Change | 75.58% | -52.55% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$320.9K | -$190.4K |
| YoY Change | 68.6% | -85.14% |
| Pretax Income | -$2.026M | -$1.586M |
| YoY Change | 27.78% | -15.75% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | ||
| Net Earnings | -$2.026M | -$1.586M |
| YoY Change | 27.78% | -15.75% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.02 | -$0.02 |
| Diluted Earnings Per Share | -$0.97 | -$0.78 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 104.1M shares | 102.2M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q3 | 2014 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $10.00K | $10.00K |
| YoY Change | 0.0% | |
| Cash & Equivalents | $5.791K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $980.0K | $30.00K |
| YoY Change | 3166.67% | 200.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $980.0K | $40.00K |
| YoY Change | 2350.0% | 144.83% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.170M | $38.42M |
| YoY Change | -89.15% | 9.21% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $4.170M | $38.42M |
| YoY Change | -89.15% | 9.21% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $980.0K | $40.00K |
| Total Long-Term Assets | $4.170M | $38.42M |
| Total Assets | $5.150M | $38.46M |
| YoY Change | -86.61% | 9.27% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.940M | $2.060M |
| YoY Change | 42.72% | 128.83% |
| Accrued Expenses | $1.400M | $671.1K |
| YoY Change | 108.6% | -54.8% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $2.810M | $0.00 |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $9.410M | $5.194M |
| YoY Change | 81.19% | -16.24% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $9.410M | $5.194M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $9.410M | $5.190M |
| YoY Change | 81.31% | -16.29% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | $102.7K | |
| YoY Change | 65.06% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$4.260M | $23.27M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $5.150M | $38.46M |
| YoY Change | -86.61% | 9.27% |
Cashflow Statement
| Concept | 2015 Q3 | 2014 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$2.026M | -$1.586M |
| YoY Change | 27.78% | -15.75% |
| Depreciation, Depletion And Amortization | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Operating Activities | -$140.0K | $600.0K |
| YoY Change | -123.33% | -415.79% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | $2.020M |
| YoY Change | -100.0% | 10000.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | $0.00 | -$2.020M |
| YoY Change | -100.0% | 10000.0% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 150.0K | 1.320M |
| YoY Change | -88.64% | 500.0% |
| NET CHANGE | ||
| Cash From Operating Activities | -140.0K | 600.0K |
| Cash From Investing Activities | 0.000 | -2.020M |
| Cash From Financing Activities | 150.0K | 1.320M |
| Net Change In Cash | 10.00K | -100.0K |
| YoY Change | -110.0% | -1100.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$140.0K | $600.0K |
| Capital Expenditures | $0.00 | $2.020M |
| Free Cash Flow | -$140.0K | -$1.420M |
| YoY Change | -90.14% | 576.19% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q3 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
2257000 | USD |
| CY2014Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
0 | USD |
| CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1395218 | USD |
| CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1705185 | USD |
| CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1395218 | USD |
| CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1705185 | USD |
| CY2014Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1587 | USD |
| CY2015Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1826 | USD |
| CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1390818 | USD |
| CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
898510 | USD |
| CY2014Q3 | smpr |
Loss On Settlement Of Debt
LossOnSettlementOfDebt
|
147467 | USD |
| CY2015Q3 | smpr |
Loss On Settlement Of Debt
LossOnSettlementOfDebt
|
150000 | USD |
| CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
44479 | USD |
| CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
78096 | USD |
| CY2014Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-190359 | USD |
| CY2015Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-320940 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1585577 | USD |
| CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2026125 | USD |
| CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1585577 | USD |
| CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2026125 | USD |
| CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | |
| CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | |
| CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
102226609 | shares |
| CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
104066697 | shares |
| CY2015Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
130202 | USD |
| CY2014Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD |
| us-gaap |
Revenues
Revenues
|
0 | USD | |
| us-gaap |
Revenues
Revenues
|
0 | USD | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13412422 | USD | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13649311 | USD | |
| smpr |
Loss On Settlement Of Debt
LossOnSettlementOfDebt
|
1106487 | USD | |
| smpr |
Loss On Settlement Of Debt
LossOnSettlementOfDebt
|
150000 | USD | |
| us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1238156 | USD | |
| us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-512280 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-14663791 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-50282780 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-14663791 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-50282780 | USD | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.48 | ||
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
97647623 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
103818042 | shares | |
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
207643 | USD | |
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD | |
| CY2015Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | USD |
| CY2014Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4400 | USD |
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3387 | USD | |
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
13213 | USD | |
| smpr |
Warrants Issued In Connection With Debt Settlement
WarrantsIssuedInConnectionWithDebtSettlement
|
162967 | USD | |
| us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD | |
| us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
225000 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
5314 | USD | |
| CY2014Q3 | smpr |
Impairment Of Shea Mining And Milling Assets
ImpairmentOfSheaMiningAndMillingAssets
|
0 | USD |
| smpr |
Impairment Of Shea Mining And Milling Assets
ImpairmentOfSheaMiningAndMillingAssets
|
33051127 | USD | |
| smpr |
Common Stock Issued For Payment Of Accrued Expenses
CommonStockIssuedForPaymentOfAccruedExpenses
|
1114237 | USD | |
| smpr |
Common Stock Issued For Payment Of Accrued Expenses
CommonStockIssuedForPaymentOfAccruedExpenses
|
0 | USD | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
207656 | USD | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD | |
| us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
448000 | USD | |
| us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD | |
| smpr |
Debt Conversion Accounts Payable Conversion Amount
DebtConversionAccountsPayableConversionAmount
|
928130 | USD | |
| smpr |
Shares Issued In Connection With Debt Settlement
SharesIssuedInConnectionWithDebtSettlement
|
83532 | USD | |
| CY2015Q3 | smpr |
Impairment Of Shea Mining And Milling Assets
ImpairmentOfSheaMiningAndMillingAssets
|
0 | USD |
| smpr |
Impairment Of Shea Mining And Milling Assets
ImpairmentOfSheaMiningAndMillingAssets
|
0 | USD | |
| CY2015Q3 | smpr |
Judgement On Legal Actions
JudgementOnLegalActions
|
0 | USD |
| CY2014Q3 | smpr |
Judgement On Legal Actions
JudgementOnLegalActions
|
0 | USD |
| smpr |
Judgement On Legal Actions
JudgementOnLegalActions
|
2257000 | USD | |
| smpr |
Judgement On Legal Actions
JudgementOnLegalActions
|
0 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11829508 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12242135 | USD | |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1106487 | USD | |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-150000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
29807 | USD | |
| us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-13695 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1724266 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
500325 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-66983 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
475094 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-87107 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-613101 | USD | |
| us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
1491306 | USD | |
| us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
43528 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-3183516 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-43528 | USD | |
| smpr |
Proceeds From Issuance Of Common Stock And Warrants Net
ProceedsFromIssuanceOfCommonStockAndWarrantsNet
|
3158315 | USD | |
| smpr |
Proceeds From Issuance Of Common Stock And Warrants Net
ProceedsFromIssuanceOfCommonStockAndWarrantsNet
|
124600 | USD | |
| us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | USD | |
| us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
54590 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
3133315 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
627190 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-137308 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-29439 | USD | |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
143099 | USD |
| CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5791 | USD |
| us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
0 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
-4883 | USD | |
| us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
25000 | USD | |
| us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
0 | USD | |
| smpr |
Debt Conversion Converted Instrument Shares Issued Value
DebtConversionConvertedInstrumentSharesIssuedValue
|
118559 | USD | |
| smpr |
Debt Conversion Converted Instrument Shares Issued Value
DebtConversionConvertedInstrumentSharesIssuedValue
|
0 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
0 | USD | |
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
| CY2015Q3 | smpr |
Working Capital Net
WorkingCapitalNet
|
8503491 | USD |
| CY2011Q1 | us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
35000000 | shares |
| CY2013Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1933345 | USD |
| CY2013Q4 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1500000 | USD |
| CY2013Q4 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
27000000 | shares |
| CY2013Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.08 | pure |
| CY2012Q1 | smpr |
Lease Liability
LeaseLiability
|
112500 | USD |
| CY2012Q1 | smpr |
Lease Termination Fee
LeaseTerminationFee
|
10500 | USD |
| CY2012Q1 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
40925 | USD |
| us-gaap |
Noncash Or Part Noncash Acquisition Interest Acquired1
NoncashOrPartNoncashAcquisitionInterestAcquired1
|
0.87 | pure | |
| CY2011Q1 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
700000 | USD |
| CY2011Q1 | smpr |
Business Acquisition Purchase Price Allocations Liabilities Assumed
BusinessAcquisitionPurchasePriceAllocationsLiabilitiesAssumed
|
2500000 | USD |
| CY2011Q1 | smpr |
Business Acquisition Purchase Price Allocations Current Liabilities Accrued Liabilities
BusinessAcquisitionPurchasePriceAllocationsCurrentLiabilitiesAccruedLiabilities
|
463184 | USD |
| CY2014Q4 | smpr |
Business Acquisition Purchase Price Allocations Plant
BusinessAcquisitionPurchasePriceAllocationsPlant
|
8062875 | USD |
| CY2014Q4 | smpr |
Business Acquisitionspurchase Price Allocation Land
BusinessAcquisitionspurchasePriceAllocationLand
|
1760000 | USD |
| CY2014Q4 | smpr |
Business Acquisitions Purchase Price Allocation Natural Resources
BusinessAcquisitionsPurchasePriceAllocationNaturalResources
|
348300 | USD |
| CY2014Q4 | smpr |
Business Acquisitions Purchase Price Allocation Other Assets
BusinessAcquisitionsPurchasePriceAllocationOtherAssets
|
100000 | USD |
| CY2011Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2500000 | USD |
| CY2014Q4 | smpr |
Business Acquisition Purchase Price Allocations Mineral Rights
BusinessAcquisitionPurchasePriceAllocationsMineralRights
|
24888252 | USD |
| CY2014Q4 | smpr |
Gross Value Of Equipment
GrossValueOfEquipment
|
0 | USD |
| CY2015Q3 | smpr |
Gross Value Of Equipment
GrossValueOfEquipment
|
928143 | USD |
| CY2015Q3 | smpr |
Trade Debt Discount
TradeDebtDiscount
|
0 | USD |
| CY2014Q4 | smpr |
Trade Debt Discount
TradeDebtDiscount
|
0 | USD |
| CY2015Q3 | smpr |
Accounts Payable Trade Non Current
AccountsPayableTradeNonCurrent
|
0 | USD |
| CY2014Q4 | smpr |
Accounts Payable Trade Non Current
AccountsPayableTradeNonCurrent
|
0 | USD |
| CY2015Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
448000 | USD |
| CY2014Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
0 | USD |
| CY2015Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
38856 | USD |
| CY2014Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
0 | USD |
| smpr |
Non Cash Gain Loss On Extinguishment Of Debt
NonCashGainLossOnExtinguishmentOfDebt
|
11923865 | USD | |
| smpr |
Non Cash Gain Loss On Extinguishment Of Debt
NonCashGainLossOnExtinguishmentOfDebt
|
11829508 | USD | |
| smpr |
Unrecognized Share Based Compensation Expense
UnrecognizedShareBasedCompensationExpense
|
3834041 | USD | |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
32750842 | shares |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.88 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.71 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
4000000 | shares |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
2337000 | shares |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0.79 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.60 | |
| CY2014 | smpr |
Stock Issued During Period Share Stock Option Exercised
StockIssuedDuringPeriodShareStockOptionExercised
|
282000 | shares |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
34131842 | shares |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.99 | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.21 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
17750000 | shares | |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
50194342 | shares |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.95 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.94 | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
1687500 | shares | |
| smpr |
Stock Issued During Period Share Stock Option Exercised
StockIssuedDuringPeriodShareStockOptionExercised
|
0 | shares | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
1.38 | ||
| CY2014Q4 | smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsNonvestedNumber
|
5250000 | shares |
| CY2014Q4 | smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.24 | |
| smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsGrantsInPeriod
|
17750000 | shares | |
| smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.21 | ||
| smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsVestedInPeriod
|
13437500 | shares | |
| smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
1.01 | ||
| smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsForfeitedInPeriod
|
1687500 | shares | |
| smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsForfeituresWeightedAverageGrantDateFairValue
|
1.38 | ||
| CY2015Q3 | smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsNonvestedNumber
|
7775500 | shares |
| CY2015Q3 | smpr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.86 | |
| CY2013Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
13989207 | shares |
| CY2014 | smpr |
Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
|
150000 | shares |
| smpr |
Class Of Warrant Or Right Grants In Period
ClassOfWarrantOrRightGrantsInPeriod
|
400000 | shares | |
| CY2014 | smpr |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights Grants In Period
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRightsGrantsInPeriod
|
2 | |
| CY2014 | smpr |
Class Of Warrant Or Right Cancelled In Period
ClassOfWarrantOrRightCancelledInPeriod
|
1630000 | shares |
| CY2014 | smpr |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights Cancelled
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRightsCancelled
|
1 | |
| smpr |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights Cancelled
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRightsCancelled
|
0.5 | ||
| CY2014 | smpr |
Class Of Warrant Or Right Exercised In Period
ClassOfWarrantOrRightExercisedInPeriod
|
7025227 | shares |
| smpr |
Class Of Warrant Or Right Exercised In Period
ClassOfWarrantOrRightExercisedInPeriod
|
140000 | shares | |
| smpr |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights Exercised
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRightsExercised
|
0.89 | ||
| CY2014Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
5483980 | shares |
| CY2015Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
5165640 | shares |
| CY2015Q3 | smpr |
Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
|
5165640 | shares |
| CY2014 | smpr |
Class Of Warrant Or Right Grants In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightGrantsInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
2 | |
| CY2014 | smpr |
Class Of Warrant Or Right Cancelled In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightCancelledInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
1 | |
| smpr |
Class Of Warrant Or Right Cancelled In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightCancelledInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
0.5 | ||
| CY2014 | smpr |
Class Of Warrant Or Right Exercises In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisesInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
0.54 | |
| smpr |
Class Of Warrant Or Right Exercises In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisesInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
0.89 | ||
| smpr |
Class Of Warrant Or Right Grants In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightGrantsInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
1.24 | ||
| CY2013Q4 | smpr |
Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
|
0.67 | |
| CY2014Q4 | smpr |
Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
|
0.79 | |
| CY2015Q3 | smpr |
Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
|
0.88 | |
| CY2013 | smpr |
Class Of Warrant Or Rights Weighted Average Remaining Contractual Term
ClassOfWarrantOrRightsWeightedAverageRemainingContractualTerm
|
P3Y3M18D | |
| CY2014 | smpr |
Class Of Warrant Or Rights Weighted Average Remaining Contractual Term
ClassOfWarrantOrRightsWeightedAverageRemainingContractualTerm
|
P4Y9M18D | |
| smpr |
Class Of Warrant Or Rights Weighted Average Remaining Contractual Term
ClassOfWarrantOrRightsWeightedAverageRemainingContractualTerm
|
P4Y2M12D | ||
| CY2015Q3 | smpr |
Sharebased Compensation Arrangement By Sharebased Payment Award Warrant Outstanding Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardWarrantOutstandingIntrinsicValue
|
5165640 | USD |
| CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
140000 | USD |
| CY2013Q4 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
1500000 | USD |
| CY2015Q3 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
928143 | USD |
| CY2014Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
0 | USD |
| CY2015Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2078791 | USD |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3537350 | USD |
| CY2015Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2015Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2015Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
104150936 | shares |
| CY2015Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
104150936 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
103660936 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
103660936 | shares |
| smpr |
Debt Conversion Accounts Payable Conversion Amount
DebtConversionAccountsPayableConversionAmount
|
0 | USD | |
| smpr |
Shares Issued In Connection With Debt Settlement
SharesIssuedInConnectionWithDebtSettlement
|
0 | USD | |
| smpr |
Warrants Issued In Connection With Debt Settlement
WarrantsIssuedInConnectionWithDebtSettlement
|
0 | USD | |
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><u><font style="FONT-SIZE: 10pt">NOTE 1 - OVERVIEW</font></u></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Standard Metals Processing, Inc. (formerly Standard Gold Holdings, Inc., Standard Gold, Inc. and Princeton Acquisitions, Inc.) (the “Company”) was incorporated in the State of Colorado on July 10, 1985 as a blind pool or blank check company. On September 29, 2009, the Company completed a share exchange agreement with Hunter Bates Mining Corporation, a Minnesota corporation (“Hunter Bates”) and certain of its shareholders, in which Hunter Bates’ shareholders exchanged all of their capital securities into similar capital securities of the Company (the “Hunter Bates Share Exchange”) and the Company adopted the business model of Hunter Bates of mineral exploration and mining. Accordingly, the Hunter Bates Share Exchange represented a change in control and Hunter Bates became a wholly owned subsidiary of the Company.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Prior to September 29, 2009, Wits Basin Precious Minerals Inc., (“Wits Basin”) a Minnesota corporation and public reporting company quoted on the Pink Sheets under the symbol “WITM” was the majority shareholder of Hunter Bates. Hunter Bates was formed in April 2008 to acquire the prior producing gold mine properties (consisting of land, buildings, equipment, mining claims and permits) located in Central City, Colorado, known as the “Bates-Hunter Mine.” The Company had not engaged in any exploration or mining activities at the Bates-Hunter Mine properties and on April 29, 2011, the Company transferred all of its interests of Hunter Bates back to Wits Basin in order to develop the toll milling business as described below.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">On March 15, 2011, the Company closed a series of transactions, whereby it acquired certain assets of Shea Mining & Milling, LLC (“Shea Mining”). The exchange agreement was by and between the Company, Shea Mining, Afignis, LLC, Leslie Lucas Partners, LLC, Wits Basin and Alfred A. Rapetti (the “Shea Exchange Agreement”) whereby the Company acquired certain assets from Shea Mining, which assets include those located in Tonopah, Nevada, of land, buildings, a dormant milling facility, abandoned milling equipment, water permits and mine tailings financed through a note payable assigned to the Company, mine dumps, a property lease and a contract agreement in exchange for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 35,000,000</font> shares of the Company’s unregistered shares. The Shea Exchange Agreement did not include any operable toll milling equipment, employees or operational processes and therefore has been accounted for as a purchase of a group of assets. The Company completed the Shea Exchange Agreement to acquire the Shea Mining assets and develop a toll milling services business of precious minerals. Toll milling is a process whereby mined material is crushed and ground into fine particles to ease the extraction of any precious minerals contained therein, such as gold, silver, lead, zinc and copper, and rare earth metals. See Note 3 – Impairment of Shea Milling and Mining Assets for a detailed discussion.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><u><font style="FONT-SIZE: 10pt">Refocused Business Plan</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company considered altering its strategy and establishing itself as a specialized mining house that can provide financing in exchange for metals streaming and royalty financing, and also to seek opportunities to acquire current income-producing metal streams and royalty contracts. The Company has undergone some changes in management and a refocus in its business plan. Management is delaying any plans for metals streaming and royalty. The Company is reexamining its next steps for developing a processing facility.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><u><font style="FONT-SIZE: 10pt">Going Concern</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"></font></font></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify">The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, assuming we will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. For the nine months ended September 30, 2015, the Company incurred losses from operations of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">50,282,780</font>. At September 30, 2015, the Company had an accumulated deficit of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">102,350,906</font> and a working capital deficit of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">8,503,491</font>. Our ability to continue as a going concern is dependent on our ability to raise the required additional capital or debt financing to meet short and long-term operating requirements. During the nine months ended September 30, 2015, the Company received net cash proceeds of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">627,190</font> from the exercise of warrants and loans from related parties. Management believes that private placements of equity capital and/or additional debt financing will be needed to fund our long-term operating requirements. The Company may also encounter business endeavors that require significant cash commitments or unanticipated problems or expenses that could result in a requirement for additional cash. If the Company raises additional funds through the issuance of equity or convertible debt securities, the percentage ownership of our current shareholders could be reduced, and such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, the Company may not be able to take advantage of prospective business endeavors or opportunities, which could significantly and materially restrict our operations. We are continuing to pursue external financing alternatives to improve our working capital position. If the Company is unable to obtain the necessary capital, the Company may have to cease operations.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1692210 | USD | |
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><u><font style="FONT-SIZE: 10pt">Use of Estimates</font></u></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
| CY2011Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
31150000 | USD |
| CY2011Q1 | smpr |
Business Acquisitions Cost Of Acquired Entity Purchase Price
BusinessAcquisitionsCostOfAcquiredEntityPurchasePrice
|
35159427 | USD |
| CY2015Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
809675 | USD |
| CY2014Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | USD |
| us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
809675 | USD | |
| us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | USD | |
| CY2015Q3 | smpr |
Adjustment In Accrued Expense Mark To Market
AdjustmentInAccruedExpenseMarkToMarket
|
35532 | USD |
| CY2014Q3 | smpr |
Adjustment In Accrued Expense Mark To Market
AdjustmentInAccruedExpenseMarkToMarket
|
0 | USD |
| smpr |
Adjustment In Accrued Expense Mark To Market
AdjustmentInAccruedExpenseMarkToMarket
|
35532 | USD | |
| smpr |
Adjustment In Accrued Expense Mark To Market
AdjustmentInAccruedExpenseMarkToMarket
|
0 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD | |
| CY2015Q3 | us-gaap |
Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
|
928143 | USD |
| smpr |
Class Of Warrant Or Right Cancelled In Period
ClassOfWarrantOrRightCancelledInPeriod
|
578340 | shares | |
| CY2015Q3 | smpr |
Market Value Of Unissued Common Stock
MarketValueOfUnissuedCommonStock
|
83532 | USD |
| CY2015Q3 | us-gaap |
Accrued Liabilities Fair Value Disclosure
AccruedLiabilitiesFairValueDisclosure
|
48000 | USD |
| CY2015Q3 | us-gaap |
Assets Held For Sale Long Lived Fair Value Disclosure
AssetsHeldForSaleLongLivedFairValueDisclosure
|
928143 | USD |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
| CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y | |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.75 | pure |
| CY2015Q3 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
50000 | USD |
| CY2015Q3 | smpr |
Warrants To Purchase Common Stock
WarrantsToPurchaseCommonStock
|
250000 | shares |
| CY2015Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.80 | |
| CY2015Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
150000 | USD |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
750000 | shares |
