2012 Q4 Form 10-K Financial Statement
#000109181813000032 Filed on January 17, 2013
Income Statement
Concept | 2012 Q4 | 2012 Q3 | 2012 |
---|---|---|---|
Revenue | $101.8K | $130.0K | $542.7K |
YoY Change | 2.72% | 160.0% | -0.05% |
Cost Of Revenue | $54.78K | $100.0K | $389.4K |
YoY Change | -14.54% | 900.0% | 42.08% |
Gross Profit | $47.05K | $30.00K | $153.2K |
YoY Change | 34.3% | -25.0% | -43.0% |
Gross Profit Margin | 46.2% | 23.08% | 28.24% |
Selling, General & Admin | $1.284M | $280.0K | $879.0K |
YoY Change | 407.17% | 3.7% | -20.68% |
% of Gross Profit | 2730.12% | 933.33% | 573.59% |
Research & Development | $3.000K | $40.00K | $186.2K |
YoY Change | -94.73% | -69.23% | -21.44% |
% of Gross Profit | 6.38% | 133.33% | 121.51% |
Depreciation & Amortization | $1.548K | $0.00 | $9.858K |
YoY Change | -37.78% | -24.57% | |
% of Gross Profit | 3.29% | 0.0% | 6.43% |
Operating Expenses | $1.289M | $320.0K | $1.075M |
YoY Change | 312.18% | -21.95% | -20.85% |
Operating Profit | -$1.242M | -$290.0K | -$1.249M |
YoY Change | 347.24% | -21.62% | 3.75% |
Interest Expense | -$1.080M | -$170.0K | $261.8K |
YoY Change | 3500.0% | 70.0% | 128.45% |
% of Operating Profit | |||
Other Income/Expense, Net | -$715.9K | -$327.4K | |
YoY Change | 1753.94% | 185.64% | |
Pretax Income | -$1.960M | -$480.0K | -$1.250M |
YoY Change | 532.26% | 2.13% | 4.17% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$1.958M | -$480.0K | -$1.249M |
YoY Change | 532.03% | 2.13% | 3.75% |
Net Earnings / Revenue | -1922.69% | -369.23% | -230.2% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.913K | -$5.333M | -$17.86M |
COMMON SHARES | |||
Basic Shares Outstanding | 1.331M | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 Q4 | 2012 Q3 | 2012 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $40.00K | $40.00K |
YoY Change | -100.0% | 0.0% | 0.0% |
Cash & Equivalents | $4.093K | $38.42K | |
Short-Term Investments | |||
Other Short-Term Assets | $20.00K | $290.0K | $290.0K |
YoY Change | -50.0% | 2800.0% | 2800.0% |
Inventory | $30.00K | $30.07K | $30.00K |
Prepaid Expenses | |||
Receivables | $0.00 | $2.468K | $0.00 |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $60.00K | $367.0K | $370.0K |
YoY Change | -49.7% | 291.12% | 311.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $0.00 | $2.342K | $0.00 |
YoY Change | -100.0% | -80.8% | -100.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $2.342K | $0.00 |
YoY Change | -100.0% | -80.8% | -100.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $60.00K | $367.0K | $370.0K |
Total Long-Term Assets | $0.00 | $2.342K | $0.00 |
Total Assets | $60.00K | $369.4K | $370.0K |
YoY Change | -53.49% | 248.33% | 236.36% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $440.0K | $991.8K | $990.0K |
YoY Change | 4.3% | 197.19% | 200.0% |
Accrued Expenses | $220.0K | $201.7K | $200.0K |
YoY Change | -6.64% | 38.62% | 33.33% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $60.00K | $50.00K | $50.00K |
YoY Change | |||
Long-Term Debt Due | $170.0K | $290.0K | $290.0K |
YoY Change | 0.0% | 70.59% | 70.59% |
Total Short-Term Liabilities | $1.140M | $1.706M | $1.710M |
YoY Change | 23.95% | 154.37% | 155.22% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Other Long-Term Liabilities | $20.00K | $30.00K | $30.00K |
YoY Change | -60.0% | 50.0% | 50.0% |
Total Long-Term Liabilities | $20.00K | $28.00K | $30.00K |
YoY Change | -90.48% | -79.08% | -78.57% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.140M | $1.706M | $1.710M |
Total Long-Term Liabilities | $20.00K | $28.00K | $30.00K |
Total Liabilities | $1.170M | $1.734M | $1.730M |
YoY Change | 3.57% | 115.52% | 116.25% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$8.937M | ||
YoY Change | 16.25% | ||
Common Stock | $1.00 | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.110M | -$1.364M | -$1.360M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $60.00K | $369.4K | $370.0K |
YoY Change | -53.49% | 248.33% | 236.36% |
Cashflow Statement
Concept | 2012 Q4 | 2012 Q3 | 2012 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.958M | -$480.0K | -$1.249M |
YoY Change | 532.03% | 2.13% | 3.75% |
Depreciation, Depletion And Amortization | $1.548K | $0.00 | $9.858K |
YoY Change | -37.78% | -24.57% | |
Cash From Operating Activities | -$80.00K | -$20.00K | -$190.0K |
YoY Change | -26.72% | -80.0% | -75.34% |
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 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 50.00K | 50.00K | $189.2K |
YoY Change | -52.13% | -50.0% | -75.97% |
NET CHANGE | |||
Cash From Operating Activities | -80.00K | -20.00K | -$190.0K |
Cash From Investing Activities | |||
Cash From Financing Activities | 50.00K | 50.00K | $189.2K |
Net Change In Cash | -30.00K | 30.00K | -$768.00 |
YoY Change | 535.32% | 103079215103999800.0% | -104.56% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$80.00K | -$20.00K | -$190.0K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2012 | clri |
Annual Increase To Base Rent
AnnualIncreaseToBaseRent
|
0.04 | |
CY2012 | clri |
Area Of Leased Facility
AreaOfLeasedFacility
|
3400 | sqft |
CY2012Q3 | clri |
Debt Instrument Convertible Conversion Price Percentage Of Variable Conversion Rate
DebtInstrumentConvertibleConversionPricePercentageOfVariableConversionRate
|
0.58 | |
CY2012Q3 | clri |
Debt Instrument Convertible Number Of Closing Prices Averaged In Variable Conversion Rate
DebtInstrumentConvertibleNumberOfClosingPricesAveragedInVariableConversionRate
|
3 | |
CY2012Q3 | clri |
Debt Instrument Convertible Number Of Prior Trading Days Closing Prices Considered In Variable Conversion Rate
DebtInstrumentConvertibleNumberOfPriorTradingDaysClosingPricesConsideredInVariableConversionRate
|
10 | |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38420 | USD |
CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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39188 | USD |
CY2012Q3 | clri |
Debt Instrument Convertible Period After Which Debt Is Convertible
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P180D | |
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Debt Instrument Convertible Prepayment Options Days Prior Written Notice Required For Prepayment
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Debt Instrument Convertible Prepayment Options First Prepayment Period Days Upper Limit
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P60D | |
CY2012Q3 | clri |
Debt Instrument Convertible Prepayment Options First Prepayment Period Maximum Prepayment Amount Percent Of Unpaid Principal And Interest
DebtInstrumentConvertiblePrepaymentOptionsFirstPrepaymentPeriodMaximumPrepaymentAmountPercentOfUnpaidPrincipalAndInterest
|
1.3 | |
CY2012Q3 | clri |
Debt Instrument Convertible Prepayment Options Second Prepayment Period Days Lower Limit
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|
P61D | |
CY2012Q3 | clri |
Debt Instrument Convertible Prepayment Options Second Prepayment Period Days Upper Limit
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|
P120D | |
CY2012Q3 | clri |
Debt Instrument Convertible Prepayment Options Second Prepayment Period Maximum Prepayment Amount Percent Of Unpaid Principal And Interest
DebtInstrumentConvertiblePrepaymentOptionsSecondPrepaymentPeriodMaximumPrepaymentAmountPercentOfUnpaidPrincipalAndInterest
|
1.35 | |
CY2012Q3 | clri |
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|
P121D | |
CY2012Q3 | clri |
Debt Instrument Convertible Prepayment Options Third Prepayment Period Days Upper Limit
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|
P180D | |
CY2012Q3 | clri |
Debt Instrument Convertible Prepayment Options Third Prepayment Period Maximum Prepayment Amount Percent Of Unpaid Principal And Interest
DebtInstrumentConvertiblePrepaymentOptionsThirdPrepaymentPeriodMaximumPrepaymentAmountPercentOfUnpaidPrincipalAndInterest
|
1.4 | |
CY2012 | clri |
Effective Income Tax Rate For Deferred Tax Asset
EffectiveIncomeTaxRateForDeferredTaxAsset
|
0.39 | |
CY2011 | clri |
Effective Income Tax Rate For Deferred Tax Asset
EffectiveIncomeTaxRateForDeferredTaxAsset
|
0.39 | |
CY2012 | clri |
Effective Income Tax Rate Reconciliation Impact Of Valuation Allowance
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|
-0.39 | |
CY2011 | clri |
Effective Income Tax Rate Reconciliation Impact Of Valuation Allowance
EffectiveIncomeTaxRateReconciliationImpactOfValuationAllowance
|
-0.39 | |
CY2012 | clri |
Gain Loss On Repurchase Of Debt
GainLossOnRepurchaseOfDebt
|
-18286 | USD |
CY2011 | clri |
Gain Loss On Repurchase Of Debt
GainLossOnRepurchaseOfDebt
|
USD | |
CY2012 | clri |
Increase Decrease In Operating Loss Carryforward During Period
IncreaseDecreaseInOperatingLossCarryforwardDuringPeriod
|
3300000 | USD |
CY2012 | clri |
Monthly Rental Cost
MonthlyRentalCost
|
6500 | USD |
CY2012 | clri |
Number Of Manufacturing Facilites Under Contract
NumberOfManufacturingFacilitesUnderContract
|
1 | |
CY2011 | clri |
Preferred Shares Issued For Cash Value
PreferredSharesIssuedForCashValue
|
650000 | USD |
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Receivables Factoring Discount Rate Higher Range
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|
0.0625 | |
CY2012Q3 | clri |
Receivables Factoring Discount Rate Lower Range
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|
0.0225 | |
CY2011 | clri |
Shares Cancelled In Exchange For Preferred Shares Value
SharesCancelledInExchangeForPreferredSharesValue
|
USD | |
CY2012 | clri |
Technology Services Revenue Equipment Software And Labor
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|
83000 | USD |
CY2012 | clri |
Warrants Granted For Services
WarrantsGrantedForServices
|
1095 | |
CY2011 | clri |
Warrants Granted For Services
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|
4067 | |
CY2012 | clri |
Weighted Average Number Of Shares Outstanding Basic And Diluted Duration
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Weighted Average Number Of Shares Outstanding Basic And Diluted Duration
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FY | |
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2012 | |
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2012-09-30 | |
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10-K | |
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Entity Common Stock Shares Outstanding
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Entity Current Reporting Status
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Yes | |
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Entity Filer Category
EntityFilerCategory
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Smaller Reporting Company | |
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Entity Public Float
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340363 | USD |
CY2012 | dei |
Entity Registrant Name
EntityRegistrantName
|
Cleartronic, Inc. | |
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Entity Voluntary Filers
EntityVoluntaryFilers
|
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Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
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Accounts Receivable Billed For Long Term Contracts Or Programs
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<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --> <div> <div><!--StartFragment--> <p style="font-family: Verdana; FONT-FAMILY: Verdana; MARGIN: 0pt; text-align: justify; TEXT-INDENT: 63.7pt"> <strong>CONCENTRATION OF CREDIT RISK</strong></p> <p style="MARGIN: 0pt; text-align: justify"> </p> <p style="font-family: Arial; FONT-FAMILY: Arial; FONT-SIZE: 11pt; LINE-HEIGHT: 13pt; MARGIN: 0pt; PADDING-LEFT: 63.7pt; text-align: justify"> The Company maintains cash balances at one banking institution. Beginning December 31, 2010 through December 31, 2012, deposits held in noninterest-bearing transaction accounts are fully insured, regardless of the amount in the account, at all FDIC-insured institutions.</p> <!--EndFragment--></div> </div> | |
CY2012Q3 | us-gaap |
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|
51122 | USD |
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Debt Conversion Converted Instrument Shares Issued1
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|
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Deferred Tax Assets Net
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Debt Instrument Face Amount
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10000 | USD |
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Debt Instrument Face Amount
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45000 | USD |
CY2011Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.1 | |
CY2012Q2 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
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|
0.1 | |
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Debt Instrument Interest Rate Stated Percentage
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|
0.1 | |
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Debt Instrument Maturity Date
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|
2012-12-31 | |
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2012-12-31 | |
CY2012Q2 | us-gaap |
Debt Instrument Maturity Date
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2013-12-31 | |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2013-12-31 | ||
CY2012Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
51078 | USD |
CY2011Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
0 | USD |
CY2012Q3 | us-gaap |
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|
2369 | USD |
CY2011Q3 | us-gaap |
Deferred Costs Current
DeferredCostsCurrent
|
USD | |
CY2012Q3 | us-gaap |
Deferred Revenue Current
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|
31110 | USD |
CY2011Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
22786 | USD |
CY2012Q3 | us-gaap |
Deferred Revenue Noncurrent
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|
28002 | USD |
CY2011Q3 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
18870 | USD |
CY2012Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
3295000 | USD |
CY2011Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
2810000 | USD |
CY2012Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3295000 | USD |
CY2011Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2810000 | USD |
CY2012 | us-gaap |
Depreciation
Depreciation
|
9858 | USD |
CY2011 | us-gaap |
Depreciation
Depreciation
|
13069 | USD |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
9858 | USD |
CY2011 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
13069 | USD |
CY2012 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-47256 | USD |
CY2011 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
CY2012Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
143678 | USD |
CY2011 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
139147 | USD |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.05 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.05 | |
CY2012 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
17456 | USD |
CY2011Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
CY2012Q3 | us-gaap |
Derivative Liability Fair Value Net
DerivativeLiabilityFairValueNet
|
143678 | USD |
CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-19.12 | |
CY2011 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-27.81 | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2011 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
710080 | USD |
CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
674747 | USD |
CY2012 | us-gaap |
Gross Profit
GrossProfit
|
153246 | USD |
CY2011 | us-gaap |
Gross Profit
GrossProfit
|
268847 | USD |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
89809 | USD |
CY2011 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5019 | USD |
CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
305329 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
678392 | USD |
CY2012 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4668 | USD |
CY2011Q3 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
115000 | USD |
CY2011 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
32093 | USD |
CY2012 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-10931 | USD |
CY2011 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-5078 | USD |
CY2012 | us-gaap |
Increase Decrease In Other Loans
IncreaseDecreaseInOtherLoans
|
-1339000 | USD |
CY2012 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
176057 | USD |
CY2011 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-23751 | USD |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
261847 | USD |
CY2011 | us-gaap |
Interest Expense
InterestExpense
|
114617 | USD |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
21872 | USD |
CY2011 | us-gaap |
Interest Paid
InterestPaid
|
17170 | USD |
CY2012Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
38588 | USD |
CY2011Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
22752 | USD |
CY2012Q3 | us-gaap |
Inventory Net
InventoryNet
|
30067 | USD |
CY2011Q3 | us-gaap |
Inventory Net
InventoryNet
|
45998 | USD |
CY2012 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
5000 | USD |
CY2011 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
CY2012 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
71500 | USD |
CY2011 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
124654 | USD |
CY2012 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
76905 | USD |
CY2011 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
82578 | USD |
CY2012Q3 | us-gaap |
Liabilities
Liabilities
|
1733554 | USD |
CY2011Q3 | us-gaap |
Liabilities
Liabilities
|
804364 | USD |
CY2012Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
369379 | USD |
CY2011Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
106042 | USD |
CY2012Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1705552 | USD |
CY2011Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
670494 | USD |
CY2012Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
28002 | USD |
CY2011Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
133870 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
189208 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
787319 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-189976 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-770479 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1249212 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1204036 | USD |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-327389 | USD |
CY2011 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-114617 | USD |
CY2012Q3 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
286142 | USD |
CY2011Q3 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
168499 | USD |
CY2012Q3 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
110000 | USD |
CY2012Q3 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
USD | |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
1075069 | USD |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
1358266 | USD |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1249212 | USD |
CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1204036 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
163004 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
79904 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
83100 | USD |
CY2012Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
8451000 | USD |
CY2011Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
7207000 | USD |
CY2012Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2012Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
293713 | USD |
CY2011Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
8656 | USD |
CY2012 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
USD | |
CY2011 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
650000 | USD |
CY2012 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
190000 | USD |
CY2011 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
140000 | USD |
CY2012Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
136125 | USD |
CY2011Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
136125 | USD |
CY2012Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2342 | USD |
CY2011Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12201 | USD |
CY2012 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2200 | USD |
CY2011 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
USD | |
CY2012 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
792 | USD |
CY2011 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
2681 | USD |
CY2012 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
186208 | USD |
CY2011 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
237013 | USD |
CY2012Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8936822 | USD |
CY2011Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-7687610 | USD |
CY2012 | us-gaap |
Revenues
Revenues
|
542675 | USD |
CY2011 | us-gaap |
Revenues
Revenues
|
542941 | USD |
CY2012 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
168923 | USD |
CY2011 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
433437 | USD |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
267 | |
CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
||
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
825.0 | |
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
||
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2100 | |
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2367 | |
CY2010Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2367 | |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
189.0 | |
CY2011Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
261.0 | |
CY2010Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
261.0 | |
CY2012Q3 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
189.0 | |
CY2012Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
2100 | |
CY2012Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
2100 | |
CY2012Q3 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
189.0 | |
CY2012Q3 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm1
|
2.25 | |
CY2012 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Expense
ShareBasedGoodsAndNonemployeeServicesTransactionExpense
|
71500 | USD |
CY2011 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Expense
ShareBasedGoodsAndNonemployeeServicesTransactionExpense
|
53654 | USD |
CY2012 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
|
16333 | |
CY2011 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
|
2860 | |
CY2012Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1364175 | USD |
CY2011Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-698322 | USD |
CY2010Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-343464 | USD |
CY2011 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
5800 | |
CY2012Q2 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
6667 | |
CY2012 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
3000 | |
CY2012 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
34569 | |
CY2011 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
2932 | |
CY2012 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
||
CY2011 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
||
CY2012Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
50000 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
143967 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
71500 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
53654 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
261146 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
50800 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
106745 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
23724 | USD |
CY2012 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-47256 | USD |
CY2011 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
USD | |
CY2012 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --> <div> <div><!--StartFragment--> <p style="font-family: Verdana; FONT-FAMILY: Verdana; MARGIN: 0pt; PADDING-LEFT: 63.35pt; text-align: justify"> <strong>USE OF ESTIMATES</strong></p> <p style="MARGIN: 0pt; text-align: justify"> </p> <p style="font-family: Arial; FONT-FAMILY: Arial; FONT-SIZE: 11pt; LINE-HEIGHT: 13pt; MARGIN: 0pt; PADDING-LEFT: 63.7pt; text-align: justify"> In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and operations for the reporting period. Although these estimates are based on management's knowledge of current events and actions it may undertake in the future, they may ultimately differ from actual results.</p> <!--EndFragment--></div> </div> | |
CY2012Q3 | us-gaap |
Valuation Allowance Amount
ValuationAllowanceAmount
|
3295000 | USD |
CY2011Q3 | us-gaap |
Valuation Allowance Amount
ValuationAllowanceAmount
|
2810000 | USD |