2016 Q1 Form 10-K Financial Statement
#000114420416089482 Filed on March 22, 2016
Income Statement
| Concept | 2016 Q1 | 2015 | 2014 Q4 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $170.0K | $1.104M | $6.700M |
| YoY Change | 30.77% | -84.22% | 5483.33% |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | ||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $170.0K | $1.104M | $6.700M |
| YoY Change | 30.77% | -84.22% | 5483.33% |
| Operating Profit | -$169.2K | -$1.104M | |
| YoY Change | 27.56% | -84.22% | |
| Interest Expense | $0.00 | $0.00 | -$3.930M |
| YoY Change | -100.0% | 2356.25% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$170.0K | -$1.104M | -$10.63M |
| YoY Change | 30.77% | -90.04% | 3696.43% |
| Income Tax | $0.00 | $0.00 | |
| % Of Pretax Income | |||
| Net Earnings | -$169.2K | -$1.104M | -$10.63M |
| YoY Change | 27.56% | -90.04% | 3696.43% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$165.0K | -$1.352M | -$53.15M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 10.32M shares | 1.563M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q1 | 2015 | 2014 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $180.0K | $327.4K | $400.0K |
| YoY Change | -65.38% | -18.64% | 1233.33% |
| Cash & Equivalents | $181.2K | $327.4K | $402.4K |
| Short-Term Investments | |||
| Other Short-Term Assets | $10.00K | $8.750K | $0.00 |
| YoY Change | -100.0% | ||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $190.7K | $336.1K | $402.4K |
| YoY Change | -63.05% | -16.47% | 958.17% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | |||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $0.00 | -$36.13K | $0.00 |
| YoY Change | 1405.42% | ||
| TOTAL ASSETS | |||
| Total Short-Term Assets | $190.7K | $336.1K | $402.4K |
| Total Long-Term Assets | $0.00 | -$36.13K | $0.00 |
| Total Assets | $190.7K | $300.0K | $402.4K |
| YoY Change | -63.05% | -25.0% | 958.17% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $70.00K | $42.30K | $33.90K |
| YoY Change | 140.68% | 24.78% | 11.89% |
| Accrued Expenses | $1.130K | $11.84K | $0.00 |
| YoY Change | -61.71% | -66.72% | -100.0% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $30.00K |
| YoY Change | -80.0% | ||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $329.1K | $54.14K | $309.2K |
| YoY Change | 26.52% | -22.08% | -48.52% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $0.00 | $0.00 | |
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $329.1K | $54.14K | $309.2K |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $329.1K | $54.14K | $309.2K |
| YoY Change | 26.52% | -81.95% | -48.52% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$109.8M | -$108.6M | |
| YoY Change | 1.05% | 11.38% | |
| Common Stock | $15.63K | ||
| YoY Change | 50.77% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $70.69K | $70.69K | |
| YoY Change | 0.0% | 0.0% | |
| Treasury Stock Shares | 5.655K shares | 5.655K shares | |
| Shareholders Equity | -$140.0K | $0.00 | $93.18K |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $190.7K | $300.0K | $402.4K |
| YoY Change | -63.05% | -25.0% | 958.17% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 | 2014 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$169.2K | -$1.104M | -$10.63M |
| YoY Change | 27.56% | -90.04% | 3696.43% |
| Depreciation, Depletion And Amortization | $0.00 | ||
| YoY Change | |||
| Cash From Operating Activities | -$146.2K | -$603.5K | -$130.0K |
| YoY Change | -18.07% | 101.36% | -67.5% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | |||
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | |||
| YoY Change | |||
| Cash From Investing Activities | |||
| YoY Change | |||
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $0.00 | $528.5K | |
| YoY Change | -100.0% | -18.69% | |
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | $0.00 | $528.5K | 530.0K |
| YoY Change | -100.0% | -21.7% | 43.24% |
| NET CHANGE | |||
| Cash From Operating Activities | -$146.2K | -$603.5K | -130.0K |
| Cash From Investing Activities | |||
| Cash From Financing Activities | $0.00 | $528.5K | 530.0K |
| Net Change In Cash | -$146.2K | -$75.02K | 400.0K |
| YoY Change | -228.78% | -119.99% | -1433.33% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$146.2K | -$603.5K | -$130.0K |
| Capital Expenditures | |||
| Free Cash Flow | |||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Trading Symbol
TradingSymbol
|
BARA | |
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Entity Common Stock Shares Outstanding
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10317379 | shares |
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Net Income Loss
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-1104478 | USD |
| CY2015 | us-gaap |
Share Based Compensation
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555520 | USD |
| CY2015 | us-gaap |
Interest Expense Other
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|
0 | USD |
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Net Cash Provided By Used In Operating Activities
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Increase Decrease In Prepaid Expense And Other Current Assets
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Increase Decrease In Accounts Payable And Accrued Liabilities
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Net Cash Provided By Used In Financing Activities
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528500 | USD |
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Cash And Cash Equivalents Period Increase Decrease
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-75019 | USD |
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Preferred Stock Dividend In Excess Of Payments
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103750 | USD |
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Dividends Preferred Stock Stock
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58500 | USD |
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Issuance Of Shares In Settlement Of Interest
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0 | USD |
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Proceeds From Issuance Of Common Stock
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528500 | USD |
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Stockholders Equity
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93183 | USD |
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Stockholders Equity
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11427963 | USD |
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Stock Issued During Period Value Share Based Compensation Gross
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6633175 | USD |
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Net Income Loss
NetIncomeLoss
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-11088060 | USD |
| CY2014 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
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400564 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
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-562589 | USD |
| CY2015 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
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555520 | USD |
| CY2015 | bara |
Percentage Of Income Tax Examination Likelihood Of Tax Benefits Being Realized Upon Settlement
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|
0.5 | pure |
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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45000 | shares |
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Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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0 | shares |
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Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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0 | shares |
| CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
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17500 | shares |
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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27500 | shares |
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5000 | shares |
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14.75 | |
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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12.92 | |
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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10.30 | |
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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1.83 | |
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2.62 | |
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Prepaid Expense And Other Assets Current
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8752 | USD |
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Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
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4855 | USD |
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Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
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20869 | USD |
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Prepaid Expense And Other Assets Current
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Assets Current
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336134 | USD |
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Assets Current
AssetsCurrent
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Assets
Assets
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336134 | USD |
| CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
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42304 | USD |
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Accounts Payable Current
AccountsPayableCurrent
|
33895 | USD |
| CY2014Q4 | us-gaap |
Assets
Assets
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402401 | USD |
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Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
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6982 | USD |
| CY2014Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
14706 | USD |
| CY2015Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
0 | USD |
| CY2015Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
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254517 | USD |
| CY2014Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
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209267 | USD |
| CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
308658 | USD |
| CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
309218 | USD |
| CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
| CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
| CY2014Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
30481 | USD |
| CY2015 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;size: 8.5in 11.0in"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">Note 1.  Nature of Operations</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company was originally organized under the laws of the Commonwealth of Massachusetts in 1985, under the name VMS Hotel Investment Trust, for the purpose of investing in mortgage loans, principally to entities affiliated with VMS Realty Partners. The Company was subsequently reorganized as a Delaware corporation in 1987 and changed its name to B.H.I.T. Inc. In 2010, the Company changed its name from B.H.I.T. Inc. to Banyan Rail Services Inc. From 2009 to 2012, the Company operated and experienced severe losses from an operating subsidiary in the rail services sector and is now a shell company.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">In February 21016, we entered into an agreement to acquire the business of International Thermocast Corporation, a manufacturer and distributor of composite kitchen and bath sinks and accessories including cast acrylic and granite sinks, cultured and synthetic marble vanity tops and other related goods and services. For more information concerning the acquisition, please see Note 10, Subsequent Events, to our Financial Statements in this Annual Report.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company is actively seeking acquisitions of leading companies within the industrial, energy, transportation, technology and health care industries throughout North America.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt">Liquidity and Going Concern (See Note 5)</font></b> <font style="FONT-SIZE: 10pt">The Company’s ability to continue on a going-concern basis is dependent upon, among other things, raising capital, implementation of the reorganization plan and finding an operating business to acquire, and other factors, many of which are beyond our control.</font></div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2015 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;size: 8.5in 11.0in"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">Note 2.  Basis of Presentation</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The accompanying financial statements give effect to all adjustments necessary to present fairly the financial position and results of operations and cash flows of the Company.</font></div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
109652901 | USD |
| CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
97273708 | USD |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-109658014 | USD |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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| CY2015Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
70689 | USD |
| CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
70689 | USD |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
336134 | USD |
| CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
402401 | USD |
| CY2015 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Use of Estimates</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt"> </font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of financial statements, in conformity with accounting principles generally accepted in the United States, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
103174 | USD |
| CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
15633 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
104 | USD |
| CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
104 | USD |
| CY2015Q4 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
0 | USD |
| CY2014Q4 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
11427963 | USD |
| CY2014 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6633175 | USD |
| CY2014 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
4087656 | USD |
| CY2014 | bara |
Increase Decrease In Prepaid Expense And Other Current Assets
IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets
|
-10904 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-299723 | USD |
| CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
650000 | USD |
| CY2015 | bara |
Increase And Decrease Common Stock Payable
IncreaseAndDecreaseCommonStockPayable
|
0 | USD |
| CY2014 | bara |
Increase And Decrease Common Stock Payable
IncreaseAndDecreaseCommonStockPayable
|
-25000 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
675000 | USD |
| CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
375277 | USD |
| CY2014 | bara |
Preferred Stock Dividend In Excess Of Payments
PreferredStockDividendInExcessOfPayments
|
400564 | USD |
| CY2014 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
573564 | USD |
| CY2014 | bara |
Issuance Of Shares In Settlement Of Interest
IssuanceOfSharesInSettlementOfInterest
|
4249956 | USD |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
2619 | USD |
| CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P1Y | |
| CY2014Q3 | bara |
Common Shares Issuable Upon Conversion Of Convertible Stock
CommonSharesIssuableUponConversionOfConvertibleStock
|
442145 | shares |
| CY2015 | us-gaap |
Preferred Stock Amount Of Preferred Dividends In Arrears
PreferredStockAmountOfPreferredDividendsInArrears
|
103750 | USD |
| CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
| CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
10317379 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1563424 | shares |
| CY2015Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5655 | shares |
| CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5655 | shares |
| CY2015 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
| CY2014 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
| CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2014 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
| CY2014 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
219778 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
219778 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2316729 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2057788 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
|
2536507 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
|
2277566 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
|
2536507 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
|
2277566 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
0 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
0 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
0 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
0 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
0 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
0 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
0 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
0 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
0 | USD |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
0 | USD |
| CY2015Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
6499846 | USD |
| CY2014Q3 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
381922 | shares |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | pure |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.01 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0 | pure |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.12 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.32 | pure |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.01 | pure |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0 | pure |
| CY2015 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11400 | USD |
| CY2014 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
0 | USD |
| CY2014 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | USD |
| CY2014Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11400 | USD |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11400 | USD |
| CY2015 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
0 | USD |
| CY2015 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
|
0 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
6499846 | USD |
| CY2015 | bara |
Operating Loss Carry Forwards Expiration Period
OperatingLossCarryForwardsExpirationPeriod
|
2018 to 2035 | |
| CY2015 | bara |
Valuation Allowance Percentage Of Deferred Tax Assets
ValuationAllowancePercentageOfDeferredTaxAssets
|
1 | pure |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
2536507 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
258941 | USD |
| CY2015 | us-gaap |
Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
|
greater than 50 percent | |
| CY2015 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1104478 | USD |
| CY2014 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7000404 | USD |
| CY2015 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1104478 | USD |
| CY2014 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7000404 | USD |
| CY2015 | us-gaap |
Interest Expense
InterestExpense
|
0 | USD |
| CY2014 | us-gaap |
Interest Expense
InterestExpense
|
4087656 | USD |
| CY2015 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
103750 | USD |
| CY2014 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
400564 | USD |
| CY2015 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
103750 | USD |
| CY2014 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
400564 | USD |
| CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1208228 | USD |
| CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11488624 | USD |
| CY2015 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8167642 | shares |
| CY2014 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1335128 | shares |
| CY2015 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.14 | |
| CY2014 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-8.30 | |
| CY2015 | bara |
Earnings Per Share Available To Common Stockholders Basic And Diluted
EarningsPerShareAvailableToCommonStockholdersBasicAndDiluted
|
-0.15 | |
| CY2014 | bara |
Earnings Per Share Available To Common Stockholders Basic And Diluted
EarningsPerShareAvailableToCommonStockholdersBasicAndDiluted
|
-8.60 | |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.23 | pure |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.03 | pure |
| CY2015Q4 | bara |
Working Capital
WorkingCapital
|
27476 | USD |
