2015 Q1 Form 10-K Financial Statement

#000155335015000306 Filed on March 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014
Revenue $310.1K $1.169M
YoY Change 45.33% 80.54%
Cost Of Revenue $188.1K $821.0K
YoY Change 17.67% 57.0%
Gross Profit $122.0K $348.2K
YoY Change 127.94% 179.29%
Gross Profit Margin 39.34% 29.78%
Selling, General & Admin $455.7K $1.859M
YoY Change 10.4% 31.88%
% of Gross Profit 373.64% 533.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.336K $11.34K
YoY Change 29.3% 35.0%
% of Gross Profit 2.74% 3.26%
Operating Expenses $455.7K $1.859M
YoY Change 10.4% 31.88%
Operating Profit -$333.8K -$1.510M
YoY Change -7.1% 17.58%
Interest Expense $0.00 $271.00
YoY Change -97.76%
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$333.8K -$1.511M
YoY Change -7.1% 17.59%
Income Tax
% Of Pretax Income
Net Earnings -$334.2K -$1.511M
YoY Change -6.97% 16.5%
Net Earnings / Revenue -107.78% -129.2%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.01 -$42.90K
COMMON SHARES
Basic Shares Outstanding 33.76M shares 32.80M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $440.0K $590.2K
YoY Change -49.12%
Cash & Equivalents $437.1K $590.2K $590.2K
Short-Term Investments
Other Short-Term Assets $80.00K $86.30K
YoY Change 115.75%
Inventory $916.6K $776.4K $0.00
Prepaid Expenses
Receivables $4.957K $4.110K $4.110K
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.436M $1.457M $1.457M
YoY Change 52.27% -3.42% -3.5%
LONG-TERM ASSETS
Property, Plant & Equipment $41.13K $38.07K $38.07K
YoY Change 14.45% 10.36% 26.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.58K $12.58K $12.58K
YoY Change -14.42% -14.42% 25.8%
Total Long-Term Assets $796.1K $493.9K $493.9K
YoY Change 113.89% 435.99% 448.76%
TOTAL ASSETS
Total Short-Term Assets $1.436M $1.457M $1.457M
Total Long-Term Assets $796.1K $493.9K $493.9K
Total Assets $2.232M $1.951M $1.951M
YoY Change 69.71% 21.87% 21.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $281.7K $270.3K $270.3K
YoY Change 68.05% 47.82% 50.18%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00K $47.87K
YoY Change 59.57%
Total Short-Term Liabilities $310.0K $318.2K
YoY Change 51.52%
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 $310.0K $318.2K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $306.7K $318.2K $318.2K
YoY Change 67.99% 51.63% 51.52%
SHAREHOLDERS EQUITY
Retained Earnings -$4.819M -$4.485M
YoY Change 44.57% 50.79%
Common Stock $6.695M $6.076M
YoY Change 50.72% 39.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.501K $2.501K
YoY Change 0.0% 0.0%
Treasury Stock Shares 360.0K shares 360.0K shares
Shareholders Equity $1.925M $1.633M $1.633M
YoY Change
Total Liabilities & Shareholders Equity $2.232M $1.951M $1.951M
YoY Change 69.71% 21.87% 21.94%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014
OPERATING ACTIVITIES
Net Income -$334.2K -$1.511M
YoY Change -6.97% 16.5%
Depreciation, Depletion And Amortization $3.336K $11.34K
YoY Change 29.3% 35.0%
Cash From Operating Activities -$420.9K -$1.668M
YoY Change -3.19% 33.25%
INVESTING ACTIVITIES
Capital Expenditures $6.388K $14.91K
YoY Change 59.06% 9.06%
Acquisitions
YoY Change
Other Investing Activities -$572.0K
YoY Change
Cash From Investing Activities -$59.39K -$586.9K
YoY Change -80.47% 4193.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 -$705.0K
YoY Change -100.0% -16.96%
Debt Paid & Issued, Net $22.82K -$20.89K
YoY Change 90.18%
Cash From Financing Activities $327.2K $1.676M
YoY Change 419.34% -19.88%
NET CHANGE
Cash From Operating Activities -$420.9K -$1.668M
Cash From Investing Activities -$59.39K -$586.9K
Cash From Financing Activities $327.2K $1.676M
Net Change In Cash -$153.1K -$579.4K
YoY Change -77.34% -170.15%
FREE CASH FLOW
Cash From Operating Activities -$420.9K -$1.668M
Capital Expenditures $6.388K $14.91K
Free Cash Flow -$427.3K -$1.683M
YoY Change -2.62% 32.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Loans Payable Current
LoansPayableCurrent
26974 USD
CY2014 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
24716 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-1510427 USD
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 item
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
1169186 USD
CY2014 us-gaap Adjustment For Amortization
AdjustmentForAmortization
147006 USD
CY2014 us-gaap Depreciation
Depreciation
11335 USD
CY2014Q4 us-gaap Assets
Assets
1950968 USD
CY2014Q4 us-gaap Supplies
Supplies
585 USD
CY2013Q4 us-gaap Supplies
Supplies
USD
CY2014Q4 us-gaap Prepaid Insurance
PrepaidInsurance
85713 USD
CY2013Q4 us-gaap Prepaid Insurance
PrepaidInsurance
36177 USD
CY2014Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
USD
CY2013Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
6024 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
86298 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
42201 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
776448 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
303318 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-1296681 USD
CY2014 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
10617 USD
CY2013 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
USD
CY2014 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
10617 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1521253 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1296681 USD
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1668378 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1050394 USD
CY2013 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
640751 USD
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
118792 USD
CY2013 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
6852 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
647603 USD
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
820979 USD
CY2013 us-gaap Cost Of Goods Sold
CostOfGoodsSold
522926 USD
CY2014 us-gaap Gross Profit
GrossProfit
348207 USD
CY2013 us-gaap Gross Profit
GrossProfit
124677 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1858634 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1409318 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1284641 USD
CY2014 us-gaap Interest Expense
InterestExpense
271 USD
CY2013 us-gaap Interest Expense
InterestExpense
12093 USD
CY2014 us-gaap Other Income
OtherIncome
-209 USD
CY2013 us-gaap Other Income
OtherIncome
-12040 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-1510636 USD
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
35214008 shares
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
30224038 shares
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
72131 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
57221 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34057 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22722 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
38074 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34499 USD
CY2013 us-gaap Depreciation
Depreciation
8396 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
97382 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
77543 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
52731 USD
CY2014Q3 bmaq Investor Relations Consulting Agreement Term
InvestorRelationsConsultingAgreementTerm
P12M
CY2014Q3 bmaq Monthly Compensation For Services
MonthlyCompensationForServices
5000 USD
CY2014Q3 bmaq Common Stock For Services Agreed To Issue
CommonStockForServicesAgreedToIssue
150000 shares
CY2014Q3 bmaq Period Of Common Stock For Services Agreed To Issue
PeriodOfCommonStockForServicesAgreedToIssue
P12M
CY2014Q3 bmaq Common Stock For Services To Be Issued In First Installment
CommonStockForServicesToBeIssuedInFirstInstallment
37500 shares
CY2014Q3 bmaq Common Stock For Services To Be Issued In Second Installment
CommonStockForServicesToBeIssuedInSecondInstallment
37500 shares
CY2014Q3 bmaq Common Stock For Services To Be Issued In Third Installment
CommonStockForServicesToBeIssuedInThirdInstallment
37500 shares
CY2014Q3 bmaq Common Stock For Services To Be Issued In Fourth Installment
CommonStockForServicesToBeIssuedInFourthInstallment
37500 shares
CY2014Q3 bmaq Period Of Written Notice To Cancel Agreement
PeriodOFWrittenNoticeToCancelAgreement
P60D
CY2014Q4 bmaq Stock Issued During Period Shares Cancelled
StockIssuedDuringPeriodSharesCancelled
37500 shares
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
109100 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
100482 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
103673 USD
CY2013 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
286000 USD
CY2013 bmaq Stock Issued During Period For Cash Pursuant To Access Letter
StockIssuedDuringPeriodForCashPursuantToAccessLetter
165000 USD
CY2013 bmaq Equity Issuance Per Share Amount Pursuant To Private Placement Memorandum
EquityIssuancePerShareAmountPursuantToPrivatePlacementMemorandum
0.28 shares
CY2013 us-gaap Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
676500 USD
CY2013 bmaq Stock Issued During Period Value Issued For Services Other
StockIssuedDuringPeriodValueIssuedForServicesOther
142778 USD
CY2013 bmaq Stock Issued During Period Value Series A Preferred Shares
StockIssuedDuringPeriodValueSeriesAPreferredShares
750000 USD
CY2013 bmaq Stock Issued During Period Value Preferred Shares
StockIssuedDuringPeriodValuePreferredShares
500000 USD
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2501 USD
CY2013 us-gaap Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
0.50
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
50829 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1391025 USD
CY2014 us-gaap Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
0.50
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
25000 USD
CY2014 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
27500 USD
CY2014 bmaq Equity Issuance Per Share Amount Pursuant To Private Placement Memorandum
EquityIssuancePerShareAmountPursuantToPrivatePlacementMemorandum
0.50 shares
CY2014 bmaq Stock Issued During Period Pursuant To Subscription Agreement
StockIssuedDuringPeriodPursuantToSubscriptionAgreement
680000 USD
CY2014Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.50
CY2014 bmaq Stock Issued During Period Value Preferred Shares
StockIssuedDuringPeriodValuePreferredShares
900000 USD
CY2014 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.10 pure
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
69890 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1632779 USD
CY2014 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
USD
CY2013Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.28
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
590236 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1162632 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4110 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
572 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
1457092 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
1508723 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
443222 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
42944 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12580 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14700 USD
CY2013Q4 us-gaap Assets
Assets
1600866 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
270323 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
182867 USD
CY2014Q4 us-gaap Liabilities
Liabilities
318189 USD
CY2013Q4 us-gaap Liabilities
Liabilities
209841 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4400000 shares
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2974025 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4484661 USD
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2500000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
324000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33483234 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33123234 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32007000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31647000 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
334832 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
320070 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
360000 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2501 USD
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2501 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5741109 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4022481 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1950968 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1600866 USD
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4400000 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2500000 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
324000000 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
360000 shares
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013 us-gaap Adjustment For Amortization
AdjustmentForAmortization
USD
CY2013Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.8 pure
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
324000000 shares
CY2014Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.01
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
50000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.50
CY2014Q2 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
25000 shares
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2014Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
12500 USD
CY2014Q3 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
10000 shares
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.75
CY2014Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
7500 USD
CY2014Q4 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
10000 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.75
CY2014Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
7500 USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.75
CY2014Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
28125 USD
CY2014Q4 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
37500 shares
CY2014 us-gaap Stock Dividends Shares
StockDividendsShares
21234 shares
CY2013Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20000 shares
CY2013Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.50
CY2013Q3 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
10000 shares
CY2013Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
2778 USD
CY2013Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
360000 shares
CY2013Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2501 USD
CY2013 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
1029600 shares
CY2013Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.2778
CY2014 bmaq Property Plant And Equipment Cost Capitalization1
PropertyPlantAndEquipmentCostCapitalization1
500 USD
CY2014 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div style="font-size: 10pt; font-family: 'times new roman', times;"> <p style="margin: 0pt 0pt 6.6pt; orphans: 0; text-align: justify; widows: 0; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Credit Risk</font></p> <p style="margin: 0pt 0pt 6.6pt; orphans: 0; text-align: justify; text-indent: 39.6pt; widows: 0; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company minimizes the concentration of credit risk associated with its cash by maintaining its cash with high quality federally insured financial institutions. However, cash balances in excess of the FDIC insured limit of $<font><font style="font-size: 10pt; font-family: 'times new roman', times;">250,000</font></font> are at risk. At December</font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font><font style="font-size: 10pt; font-family: 'times new roman', times;">31, 201</font><font style="font-size: 10pt; font-family: 'times new roman', times;">4</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> and December</font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font><font style="font-size: 10pt; font-family: 'times new roman', times;">31, 201</font><font style="font-size: 10pt; font-family: 'times new roman', times;">3</font><font style="font-size: 10pt; font-family: 'times new roman', times;">, respectively, the Company </font><font style="font-size: 10pt; font-family: 'times new roman', times;">had</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> cash balances above the FDIC insured limit</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> of <!-- [if gte mso 9]><xml> <o:DocumentProperties> <o:Version>14.00</o:Version> </o:DocumentProperties> <o:OfficeDocumentSettings> <o:AllowPNG></o:AllowPNG> </o:OfficeDocumentSettings> </xml><![endif]--> <!-- [if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves></w:TrackMoves> <w:TrackFormatting></w:TrackFormatting> <w:PunctuationKerning></w:PunctuationKerning> <w:ValidateAgainstSchemas></w:ValidateAgainstSchemas> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF></w:DoNotPromoteQF> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables></w:BreakWrappedTables> <w:SnapToGridInCell></w:SnapToGridInCell> <w:WrapTextWithPunct></w:WrapTextWithPunct> <w:UseAsianBreakRules></w:UseAsianBreakRules> <w:DontGrowAutofit></w:DontGrowAutofit> <w:SplitPgBreakAndParaMark></w:SplitPgBreakAndParaMark> <w:EnableOpenTypeKerning></w:EnableOpenTypeKerning> <w:DontFlipMirrorIndents></w:DontFlipMirrorIndents> <w:OverrideTableStyleHps></w:OverrideTableStyleHps> </w:Compatibility> <m:mathPr> <m:mathFont m:val="Cambria Math"></m:mathFont> <m:brkBin m:val="before"></m:brkBin> <m:brkBinSub m:val="&#45;-"></m:brkBinSub> <m:smallFrac m:val="off"></m:smallFrac> <m:dispDef></m:dispDef> <m:lMargin m:val="0"></m:lMargin> <m:rMargin m:val="0"></m:rMargin> <m:defJc m:val="centerGroup"></m:defJc> <m:wrapIndent m:val="1440"></m:wrapIndent> <m:intLim m:val="subSup"></m:intLim> <m:naryLim m:val="undOvr"></m:naryLim> </m:mathPr></w:WordDocument> </xml><![endif]--><!-- [if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true" DefSemiHidden="true" DefQFormat="false" DefPriority="99" LatentStyleCount="267"> <w:LsdException Locked="false" Priority="0" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Normal"></w:LsdException> <w:LsdException Locked="false" Priority="9" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="heading 1"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 2"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 3"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 4"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 5"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 6"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 7"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 8"></w:LsdException> <w:LsdException Locked="false" Priority="9" QFormat="true" Name="heading 9"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 1"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 2"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 3"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 4"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 5"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 6"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 7"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 8"></w:LsdException> <w:LsdException Locked="false" Priority="39" Name="toc 9"></w:LsdException> <w:LsdException Locked="false" Priority="35" QFormat="true" Name="caption"></w:LsdException> <w:LsdException Locked="false" Priority="10" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Title"></w:LsdException> <w:LsdException Locked="false" Priority="1" Name="Default Paragraph Font"></w:LsdException> <w:LsdException Locked="false" Priority="11" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtitle"></w:LsdException> <w:LsdException Locked="false" Priority="22" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Strong"></w:LsdException> <w:LsdException Locked="false" Priority="20" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Emphasis"></w:LsdException> <w:LsdException Locked="false" Priority="59" SemiHidden="false" UnhideWhenUsed="false" Name="Table Grid"></w:LsdException> <w:LsdException Locked="false" UnhideWhenUsed="false" Name="Placeholder Text"></w:LsdException> <w:LsdException Locked="false" Priority="1" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="No Spacing"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 1"></w:LsdException> <w:LsdException Locked="false" UnhideWhenUsed="false" Name="Revision"></w:LsdException> <w:LsdException Locked="false" Priority="34" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="List Paragraph"></w:LsdException> <w:LsdException Locked="false" Priority="29" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Quote"></w:LsdException> <w:LsdException Locked="false" Priority="30" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Quote"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 1"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 2"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 3"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 4"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 5"></w:LsdException> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 6"></w:LsdException> <w:LsdException Locked="false" Priority="19" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"></w:LsdException> <w:LsdException Locked="false" Priority="21" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"></w:LsdException> <w:LsdException Locked="false" Priority="31" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"></w:LsdException> <w:LsdException Locked="false" Priority="32" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"></w:LsdException> <w:LsdException Locked="false" Priority="33" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Book Title"></w:LsdException> <w:LsdException Locked="false" Priority="37" Name="Bibliography"></w:LsdException> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"></w:LsdException> </w:LatentStyles> </xml><![endif]--> <!-- [if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <![endif]--> <font style="color: #000000; font-size: 10pt; font-family: 'times new roman', times;"><font style="text-decoration: underline; font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">approximately</font></font>&#160;</font>$</font><font style="font-size: 10pt; font-family: 'times new roman', times;"><font><font style="font-size: 10pt; font-family: 'times new roman', times;">173,933</font></font></font><font style="font-size: 10pt; font-family: 'times new roman', times;"> and $</font><font style="font-size: 10pt; font-family: 'times new roman', times;"><font><font style="font-size: 10pt; font-family: 'times new roman', times;">716,847</font></font></font><font style="font-size: 10pt; font-family: 'times new roman', times;"> respectively</font><font style="font-size: 10pt; font-family: 'times new roman', times;">. The Company performs ongoing evaluations of its trade accounts receivable customers and generally does not require collateral.</font></font></p> </div> </div>
CY2013 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
50829 USD
CY2014 us-gaap Advertising Expense
AdvertisingExpense
91824 USD
CY2013 us-gaap Advertising Expense
AdvertisingExpense
55099 USD
CY2014 bmaq Number Of Additional Product Vendors
NumberOfAdditionalProductVendors
7 item
CY2014Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
250000 USD
CY2014Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
173933 USD
CY2013Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
716847 USD
CY2014 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
69890 USD
CY2014 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 item
CY2014 us-gaap Nature Of Operations
NatureOfOperations
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div style="font-size: 10pt; font-family: 'times new roman', times;"> <p style="line-height: 11pt; margin: 0pt 0pt 8pt; page-break-inside: avoid; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Organization and Nature of Operations</font></p> <p style="line-height: 11pt; margin: 0pt 0pt 8pt; page-break-inside: avoid; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Bright Mountain Acquisition Corporation and subsidiaries, formerly known as Bright Mountain Holdings, Inc., and subsidiaries ("BMAQ" or the "Company," "we," "us," "our", "Bright Mountain") is a Florida corporation formed on May</font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font><font style="font-size: 10pt; font-family: 'times new roman', times;">20, 2010.&#160; Its wholly owned subsidiaries, Bright Mountain LLC, and The Bright Insurance Agency, LLC, were formed as Florida limited liability companies in May</font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font><font style="font-size: 10pt; font-family: 'times new roman', times;">2011.</font></font></p> <p style="margin: 0pt 0pt 8.35pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Bright Insurance Agency, LLC was formerly known as Five Peaks, LLC. </font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font><font style="font-size: 10pt; font-family: 'times new roman', times;">On September 25, 2013 Five Peaks, LLC filed Articles of Amendment to the Articles of Organization with the State of Florida to amend its entity name to The Bright Insurance Agency, LLC.</font></font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Bright Mountain is developing a personal website "portal" designed to attract and retain Internet audiences whose main purpose is to be a starting point when connecting to or searching the World Wide Web (Web), with a special emphasis </font><font style="font-size: 10pt; font-family: 'times new roman', times;">military</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> and public safety. </font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font></font></p> <p style="margin: 0pt; text-align: justify; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company is a media and Internet company</font><font style="font-size: 10pt; font-family: 'times new roman', times;">,</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> which </font><font style="font-size: 10pt; font-family: 'times new roman', times;">sells various products through our website</font><font style="font-size: 10pt; font-family: 'times new roman', times;">s</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> and third party portals such as Amazon.com and Ebay.com</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> and provides content to attract and retain Internet audiences</font><font style="font-size: 10pt; font-family: 'times new roman', times;">.&#160; </font></font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company's revenue consists principally of product sales and advertising revenue</font><font style="font-size: 10pt; font-family: 'times new roman', times;">, which is generated primarily through the display of paid listings as well as display advertisements appearing on its websites.&#160; </font></font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">The Company obtain</font><font style="font-size: 10pt; font-family: 'times new roman', times;">ed approximately <font><font style="font-size: 10pt; font-family: 'times new roman', times;">49</font></font>% of its 2014 advertising revenue </font><font style="font-size: 10pt; font-family: 'times new roman', times;">from </font><font style="font-size: 10pt; font-family: 'times new roman', times;">a </font><font style="font-size: 10pt; font-family: 'times new roman', times;">third-party provider, </font><font style="font-size: 10pt; font-family: 'times new roman', times;">namely</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> Google </font><font style="font-size: 10pt; font-family: 'times new roman', times;">AdSence</font><font style="font-size: 10pt; font-family: 'times new roman', times;">.&#160; Paid listings are priced on a price per click basis and when a user submits a search query and then clicks on a Google </font><font style="font-size: 10pt; font-family: 'times new roman', times;">AdSence</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> </font><font style="font-size: 10pt; font-family: 'times new roman', times;">paid listing displayed in response to the query, Google bills the advertiser that purchased the paid listing directly and shares a portion of the fee charged to the advertiser with the Company.</font><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160; The Company's remaining <font><font style="font-size: 10pt; font-family: 'times new roman', times;">51</font></font>% of advertising revenue was from direct advertising and subscriptions.</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> </font></font></p> <p style="margin: 0pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#160;</font></p> <p style="line-height: 11pt; margin: 0pt 0pt 8pt; page-break-inside: avoid; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Bright Mountain plans to grow its business through organic growth and acquisitions.&#160; The Bright Mountain strategy is to concentrate its marketing and development primarily to </font><font style="font-size: 10pt; font-family: 'times new roman', times;">military</font><font style="font-size: 10pt; font-family: 'times new roman', times;"> and public safety audiences.</font></font></p> <p style="line-height: 11pt; margin: 0pt 0pt 8pt; page-break-inside: avoid; text-indent: 36pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">Our websites contain a number of sections with a vast amount of mission group oriented information including originally written news content, blogs, forums, career information, and video.&#160; Bright Mountain Acquisition Corporation's websites are:</font></p> <div style="font-size: 10pt; font-family: 'times new roman', times;" class="CursorPointer"> <table style="border-collapse: collapse; margin-left: 4.5pt; width: 29.82%;" cellspacing="0" cellpadding="0"> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 16pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;">&#149; </font><br style="font-size: 10pt; font-family: 'times new roman', times;"/></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 16pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Bootcamp4me.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 16pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 16pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Bootcamp4me.org; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Brightwatches.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Coastguardnews.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Fdcareers.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Fireaffairs.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Gopoliceblotter.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> JQPublicblog.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Leoaffairs.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> PopularMilitary.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Teacheraffairs.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Thebravestonline.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Thebright.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> USMCLife.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Wardocumentaryfilms.com; </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> Welcomehomeblog.com; and </font></p> </td> </tr> <tr style="font-size: 10pt; font-family: 'times new roman', times;"> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 24.66%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; text-indent: 27pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> &#149; </font></p> </td> <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 75.34%; height: 15pt; font-family: 'Times New Roman';"> <p style="margin: 0pt; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt;"> 360fire.com </font></p> </td> </tr> </table> </div> <p style="line-height: 11pt; margin: 0pt 0pt 0pt 36pt; page-break-inside: avoid; font-family: 'times new roman';"><br style="font-size: 10pt; font-family: 'times new roman', times;"/></p> </div> </div>
CY2014 bmaq Percentage Of Advertising Revenue Obtained From Third Party Service Provider
PercentageOfAdvertisingRevenueObtainedFromThirdPartyServiceProvider
0.49 pure
CY2014 bmaq Percentage Of Advertising Revenue Obtained From Direct Advertising And Subscriptions
PercentageOfAdvertisingRevenueObtainedFromDirectAdvertisingAndSubscriptions
0.51 pure
CY2014 bmaq Term Of Subscriptions Minimum
TermOfSubscriptionsMinimum
P1M
CY2014 bmaq Term Of Subscriptions Maximum
TermOfSubscriptionsMaximum
P12M
CY2013Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
USD
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div style="font-size: 10pt; font-family: 'times new roman', times;"> <p style="margin: 0pt 0pt 6.6pt; orphans: 0; text-align: justify; widows: 0; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Use of Estimates</font></p> <p style="margin: 0pt 0pt 8pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Our consolidated financial statements are prepared in accordance with Accounting Principles Generally Accepted in the United States ("GAAP"). These accounting principles require management to make certain estimates, judgments, and assumptions. We believe that the estimates, judgments, and assumptions upon which we rely are reasonable based upon information available to us at the time that these estimates, judgments, and assumptions are made. These estimates, judgments, and assumptions can affect the reported amounts of assets and liabilities as of the date of our consolidated financial statements as well as reported amounts of revenue and expenses during the periods presented. Our consolidated financial statements would be affected to the extent there are material differences between these estimates and actual results. In many cases, the accounting treatment of a particular transaction is specifically dictated by GAAP and does not require management's judgment in its application. There are also areas in which management's judgment in selecting any available alternative would not produce a materially different result. Significant estimates included in the accompanying consolidated financial statements include the fair value of acquired assets for purchase price allocation in business combinations, valuation of inventory, valuation of intangible assets, estimates of amortization period for intangible assets, </font><font style="font-size: 10pt; font-family: 'times new roman', times;">estimates of depreciation period for fixed assets, </font><font style="font-size: 10pt; font-family: 'times new roman', times;">valuation of equity based transactions, and the valuation allowance on deferred tax assets.</font></font></p> </div> </div>
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
405000 shares
CY2014 us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div style="font-size: 10pt; font-family: 'times new roman', times;"> <p style="margin: 0pt 0pt 6.6pt; orphans: 0; text-align: justify; widows: 0; font-family: 'times new roman';"><font style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic;">Sales Return Reserve Policy</font></p> <p style="margin: 0pt 0pt 8pt; text-align: justify; text-indent: 36pt; font-family: 'times new roman';"><font style="font-size: 10pt; font-family: 'times new roman', times;"><font style="font-size: 10pt; font-family: 'times new roman', times;">Our return policy generally allows our end users to return purchased products for refund or in exchange for new products. We estimate a reserve for sales returns, if any, and record that reserve amount as a reduction of sales and as a sales return reserve liability. </font><font style="font-size: 10pt; font-family: 'times new roman', times;">Sales to consumers on our web site generally may be returned within a reasonable period of time.</font></font></p> </div> </div>
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1623458 USD
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1057183 USD
CY2014Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
51944 USD
CY2014Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
4088000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-513616 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-440872 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-54837 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-47070 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
2178 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1032 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-566275 USD
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-486910 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
68477 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
41539 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1743879 USD
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1098722 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1743879 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1098722 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
USD
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
468000 shares
CY2013Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.2778
CY2013Q2 bmaq Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateFairValue
89236 USD
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.60
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.50
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
210000 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.50
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1565000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.1907
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
69890 USD
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
50829 USD
CY2014Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
83664 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.10
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1420000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.23
CY2013 bmaq Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term One
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermOne
P8Y2M12D
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
495200 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.30
CY2014 bmaq Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term One
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermOne
P7Y6M
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
349983 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
845600 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.21
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y9M18D
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
248040 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2013Q4 bmaq Intrinsic Value Of Exercisable Options
IntrinsicValueOfExercisableOptions
32499 USD
CY2013Q4 bmaq Intrinsic Value Of Exercisable Options Per Exercisable Option
IntrinsicValueOfExercisableOptionsPerExercisableOption
0.3611
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
792000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.15
CY2012 bmaq Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term One
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermOne
P7Y7M6D
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
99992 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
648000 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.34
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20000 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1565000 shares
CY2014 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y6M
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.30
CY2014Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
845600 shares
CY2014Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.21
CY2013Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1420000 shares
CY2013 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P8Y2M12D
CY2013Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.23
CY2014 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
27500 USD
CY2013Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
405200 shares
CY2013Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.17
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
500 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
USD
CY2013 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
USD
CY2013 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
142778 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11038 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
572 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
473130 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
262868 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
44097 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2362 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2120 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
48944 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
87456 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
182867 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-25518 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1252075 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14910 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13671 USD
CY2014 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
572000 USD
CY2013 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-586910 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13671 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
705000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
851500 USD
CY2014 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
950000 USD
CY2013 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
1250000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2501 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
-20892 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
USD
CY2014 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
USD
CY2013 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
7305 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1675892 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2091694 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-579396 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
825948 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
336684 USD
CY2014 us-gaap Interest Paid
InterestPaid
271 USD
CY2013 us-gaap Interest Paid
InterestPaid
12093 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2014 bmaq Premium Finance Loan Payable Recorded As Prepaid
PremiumFinanceLoanPayableRecordedAsPrepaid
20892 USD
CY2013 bmaq Premium Finance Loan Payable Recorded As Prepaid
PremiumFinanceLoanPayableRecordedAsPrepaid
16535 USD
CY2014 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
USD
CY2013 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
286000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
Bright Mountain Acquisition Corp
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001568385
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q2 dei Entity Public Float
EntityPublicFloat
6779830 USD
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33763059 shares
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY

Files In Submission

Name View Source Status
0001553350-15-000306-index-headers.html Edgar Link pending
0001553350-15-000306-index.html Edgar Link pending
0001553350-15-000306.txt Edgar Link pending
0001553350-15-000306-xbrl.zip Edgar Link pending
bmaq-20141231.xml Edgar Link completed
bmaq-20141231.xsd Edgar Link pending
bmaq-20141231_cal.xml Edgar Link unprocessable
bmaq-20141231_def.xml Edgar Link unprocessable
bmaq-20141231_lab.xml Edgar Link unprocessable
bmaq-20141231_pre.xml Edgar Link unprocessable
bmaq_10k.htm Edgar Link pending
bmaq_10k001.jpg Edgar Link pending
bmaq_10k002.jpg Edgar Link pending
bmaq_ex31z1.htm Edgar Link pending
bmaq_ex31z2.htm Edgar Link pending
bmaq_ex32z1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending