2015 Q1 Form 10-Q Financial Statement

#000135448815002507 Filed on May 15, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $4.964M $3.813M
YoY Change 30.18% -15.35%
Cost Of Revenue $3.065M $2.659M
YoY Change 15.26% -15.82%
Gross Profit $1.899M $1.154M
YoY Change 64.55% -14.26%
Gross Profit Margin 38.26% 30.27%
Selling, General & Admin $940.0K $1.240M
YoY Change -24.19% 3.33%
% of Gross Profit 49.49% 107.44%
Research & Development $22.70K $44.52K
YoY Change -49.01% 237.01%
% of Gross Profit 1.2% 3.86%
Depreciation & Amortization $156.9K $200.6K
YoY Change -21.76% -39.06%
% of Gross Profit 8.26% 17.38%
Operating Expenses $966.4K $1.310M
YoY Change -26.21% 6.91%
Operating Profit $932.8K -$155.6K
YoY Change -699.55% -228.47%
Interest Expense $17.35K $26.83K
YoY Change -35.35% 185.57%
% of Operating Profit 1.86%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $908.9K -$155.6K
YoY Change -684.18% -226.32%
Income Tax $404.6K
% Of Pretax Income 44.52%
Net Earnings $504.3K -$155.6K
YoY Change -424.12% -338.76%
Net Earnings / Revenue 10.16% -4.08%
Basic Earnings Per Share $0.04 -$0.01
Diluted Earnings Per Share $0.04 -$0.01
COMMON SHARES
Basic Shares Outstanding 13.17M shares 13.17M shares
Diluted Shares Outstanding 13.22M shares 13.40M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $780.0K $230.0K
YoY Change 239.13% -71.95%
Cash & Equivalents $776.9K $231.7K
Short-Term Investments
Other Short-Term Assets $120.0K $130.0K
YoY Change -7.69% -7.14%
Inventory $3.447M $2.958M
Prepaid Expenses $117.1K $127.6K
Receivables $3.115M $2.857M
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.456M $6.174M
YoY Change 20.75% -15.91%
LONG-TERM ASSETS
Property, Plant & Equipment $4.319M $5.487M
YoY Change -21.27% -18.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.00K $0.00
YoY Change -100.0%
Other Assets $2.460M $2.580M
YoY Change -4.65% 789.66%
Total Long-Term Assets $6.905M $8.232M
YoY Change -16.12% 21.76%
TOTAL ASSETS
Total Short-Term Assets $7.456M $6.174M
Total Long-Term Assets $6.905M $8.232M
Total Assets $14.36M $14.41M
YoY Change -0.31% -1.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $800.0K $780.0K
YoY Change 2.56% -32.76%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $780.0K $1.600M
YoY Change -51.25% -6.98%
Long-Term Debt Due $345.0K $294.6K
YoY Change 17.11% -6.08%
Total Short-Term Liabilities $2.268M $2.407M
YoY Change -5.81% -29.8%
LONG-TERM LIABILITIES
Long-Term Debt $700.0K $920.0K
YoY Change -23.91% -30.83%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $700.0K $920.0K
YoY Change -23.91% -30.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.268M $2.407M
Total Long-Term Liabilities $700.0K $920.0K
Total Liabilities $2.972M $3.330M
YoY Change -10.75% -29.97%
SHAREHOLDERS EQUITY
Retained Earnings -$4.097M -$5.160M
YoY Change -20.6% -23.02%
Common Stock $16.26M $16.17M
YoY Change 0.54% 0.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.39M $11.08M
YoY Change
Total Liabilities & Shareholders Equity $14.36M $14.41M
YoY Change -0.31% -1.29%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $504.3K -$155.6K
YoY Change -424.12% -338.76%
Depreciation, Depletion And Amortization $156.9K $200.6K
YoY Change -21.76% -39.06%
Cash From Operating Activities $31.15K -$504.0K
YoY Change -106.18% 961.71%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $6.161K
YoY Change -100.0% -13.81%
Acquisitions
YoY Change
Other Investing Activities $30.00K
YoY Change
Cash From Investing Activities $29.03K -$6.161K
YoY Change -571.16% 29.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $50.30K $31.80K
YoY Change 58.15% -161.66%
Cash From Financing Activities -$25.30K $168.2K
YoY Change -115.04% -67.56%
NET CHANGE
Cash From Operating Activities $31.15K -$504.0K
Cash From Investing Activities $29.03K -$6.161K
Cash From Financing Activities -$25.30K $168.2K
Net Change In Cash $34.88K -$341.9K
YoY Change -110.2% -173.34%
FREE CASH FLOW
Cash From Operating Activities $31.15K -$504.0K
Capital Expenditures $0.00 $6.161K
Free Cash Flow $31.15K -$510.1K
YoY Change -106.11% 834.04%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
FLEXIBLE SOLUTIONS INTERNATIONAL INC
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001069394
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14360491 usd
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14234854 usd
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
11388680 usd
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
11371589 usd
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4096885 usd
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4601150 usd
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-772321 usd
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-267552 usd
CY2015Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16244716 usd
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
16227121 usd
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
13170 usd
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
13170 usd
CY2015Q1 us-gaap Liabilities
Liabilities
2971811 usd
CY2014Q4 us-gaap Liabilities
Liabilities
2863265 usd
CY2015Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
704177 usd
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
1309733 usd
CY2015Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
10546 usd
CY2014Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
754475 usd
CY2015Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
345009 usd
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
385214 usd
CY2015Q1 us-gaap Line Of Credit
LineOfCredit
775000 usd
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
750000 usd
CY2015Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
307507 usd
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
140842 usd
CY2015Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
40843 usd
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
44593 usd
CY2015Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
799275 usd
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
815141 usd
CY2015Q1 us-gaap Assets
Assets
14360491 usd
CY2014Q4 us-gaap Assets
Assets
14234854 usd
CY2015Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2458518 usd
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2667286 usd
CY2015Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
5121 usd
CY2014Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
4425 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
121898 usd
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
137404 usd
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4319449 usd
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4764900 usd
CY2015Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
117095 usd
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
123511 usd
CY2015Q1 us-gaap Inventory Net
InventoryNet
3446651 usd
CY2014Q4 us-gaap Inventory Net
InventoryNet
3467438 usd
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3114825 usd
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2322373 usd
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
776934 usd
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
747517 usd
CY2015Q1 us-gaap Assets Current
AssetsCurrent
7455505 usd
CY2014Q4 us-gaap Assets Current
AssetsCurrent
6660839 usd
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2267634 usd
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2108790 usd
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13169991 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13169991 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13169991 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13169991 shares
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-504 usd
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-417922 usd
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-504769 usd
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-262344 usd
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
504265 usd
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-155578 usd
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
404597 usd
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
908862 usd
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-155578 usd
CY2014Q1 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
63835 usd
CY2015Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22700 usd
CY2014Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44522 usd
CY2015Q1 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
4773 usd
CY2014Q1 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
11408 usd
CY2015Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-26867 usd
CY2014Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2015Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
8160 usd
CY2014Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
7027 usd
CY2015Q1 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
28206 usd
CY2014Q1 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
29899 usd
CY2015Q1 us-gaap Professional Fees
ProfessionalFees
32647 usd
CY2015Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
2962 usd
CY2014Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
usd
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
932767 usd
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
-155578 usd
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
966426 usd
CY2014Q1 us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
30934 usd
CY2015Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
11256 usd
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
5412 usd
CY2015Q1 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
38485 usd
CY2014Q1 us-gaap Professional Fees
ProfessionalFees
95098 usd
CY2015Q1 FSI Consulting
Consulting
37349 usd
CY2014Q1 FSI Consulting
Consulting
80546 usd
CY2015Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
32426 usd
CY2014Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
49963 usd
CY2015Q1 us-gaap Interest Expense
InterestExpense
17346 usd
CY2014Q1 us-gaap Interest Expense
InterestExpense
26832 usd
CY2015Q1 us-gaap General Insurance Expense
GeneralInsuranceExpense
74418 usd
CY2014Q1 us-gaap General Insurance Expense
GeneralInsuranceExpense
75043 usd
CY2015Q1 us-gaap Other General Expense
OtherGeneralExpense
41101 usd
CY2014Q1 us-gaap Other General Expense
OtherGeneralExpense
109708 usd
CY2015Q1 FSI Investor Relations And Transfer Agent Fee
InvestorRelationsAndTransferAgentFee
35177 usd
CY2014Q1 FSI Investor Relations And Transfer Agent Fee
InvestorRelationsAndTransferAgentFee
48703 usd
CY2015Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
16331 usd
CY2014Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
22474 usd
CY2015Q1 us-gaap Officers Compensation
OfficersCompensation
187525 usd
CY2014Q1 us-gaap Officers Compensation
OfficersCompensation
198950 usd
CY2015Q1 us-gaap Salaries And Wages
SalariesAndWages
390742 usd
CY2014Q1 us-gaap Salaries And Wages
SalariesAndWages
420203 usd
CY2015Q1 us-gaap Gross Profit
GrossProfit
1899193 usd
CY2014Q1 us-gaap Gross Profit
GrossProfit
1154155 usd
CY2015Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3064694 usd
CY2014Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2658826 usd
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
4963887 usd
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
3812981 usd
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13169991 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13169991 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13224852 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13404141 shares
CY2015Q1 us-gaap Interest Paid
InterestPaid
17346 usd
CY2014Q1 us-gaap Interest Paid
InterestPaid
26874 usd
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
410000 usd
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
CY2015Q1 us-gaap Cash
Cash
776934 usd
CY2014Q4 us-gaap Cash
Cash
747517 usd
CY2013Q4 us-gaap Cash
Cash
568087 usd
CY2014Q1 us-gaap Cash
Cash
231748 usd
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
29417 usd
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-336339 usd
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5459 usd
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
5590 usd
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25298 usd
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
168196 usd
CY2015Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
50298 usd
CY2014Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
31804 usd
CY2015Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
25000 usd
CY2014Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
200000 usd
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
29028 usd
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6161 usd
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6161 usd
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31146 usd
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-503964 usd
CY2015Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
usd
CY2014Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
usd
CY2015Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
166665 usd
CY2014Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
usd
CY2015Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-795 usd
CY2014Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
218637 usd
CY2015Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2510 usd
CY2014Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2933 usd
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8833 usd
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-86287 usd
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
807204 usd
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
871669 usd
CY2015Q1 us-gaap Depreciation
Depreciation
156942 usd
CY2014Q1 us-gaap Depreciation
Depreciation
200599 usd
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17596 usd
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
20693 usd
CY2015Q1 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
29028 usd
CY2014Q1 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
usd
CY2015Q1 us-gaap Reclassifications
Reclassifications
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; background-color: white"><font style="font-variant: small-caps"><b>14.</b></font><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-variant: small-caps">Comparative Figures</font>.</b></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; background-color: white">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; background-color: white">Certain of the comparative figures have been reclassified to conform with the current period&#146;s presentation.</p>
CY2015Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify">The preparation of consolidated 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 at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.&#160;&#160;Actual results could differ from those estimates and would impact the results of operations and cash flows.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify">Estimates and underlying assumptions are reviewed at each period end. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify">Significant areas requiring the use of management estimates include assumptions and estimates relating to the asset impairment analysis, share-based payments and warrants, valuation allowances for deferred income tax assets, determination of useful lives of property, plant and equipment, and the valuation of inventory.</p>
CY2015Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify">The Company&#146;s credit risk is primarily attributable to its account receivables. The amounts presented in the accompanying consolidated balance sheets are net of allowances for doubtful accounts, estimated by the Company&#146;s management based on prior experience and the current economic environment.&#160;&#160;The Company is exposed to credit-related losses in the event of non-performance by counterparties to the financial instruments. Credit exposure is minimized by dealing with only credit worthy counterparties. Accounts receivable for the Company&#146;s three primary customers totaled $1,712,916 (55%) at March 31, 2015 (December 31, 2014 - $1,769,114 or 76%).&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt; text-align: justify">The credit risk on cash and cash equivalents is limited because the Company limits its exposure to credit loss by placing its cash and cash equivalents with major financial institutions.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt; text-align: justify">The Company is not exposed to significant interest rate risk to the extent that the long term debt maintained from the foreign government agencies is subject to a fixed rate of interest.</p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="margin: 0; text-align: justify"></p> <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt; text-align: justify">In order to manage its exposure to foreign exchange risks, the Company is closely monitoring the fluctuations in the foreign currency exchange rates and the impact on the value of cash and cash equivalents, accounts receivable, and accounts payable.</p> <p style="margin: 0; text-align: justify"></p>
CY2015Q1 FSI Estimated Depreciation Expense
EstimatedDepreciationExpense
<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; background-color: white"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 89%">2015</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">$</td> <td style="width: 8%; text-align: right">16,326</td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>2016</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">16,326</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>2017</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">16,326</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>2018</td> <td>&#160;</td> <td>&#160;</td> <td style="text-align: right">16,326</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: bottom">2019</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom">&#160;</td> <td style="vertical-align: bottom; text-align: right">16,326</td> <td>&#160;</td></tr> </table>
CY2015Q1 FSI Interest Loan Repayment Table Textblock
InterestLoanRepaymentTableTextblock
<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; background-color: white"> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 89%">2015</td> <td style="width: 1%">&#160;</td> <td style="width: 1%">$</td> <td style="width: 8%; text-align: right">150,896</td> <td nowrap="nowrap" style="width: 1%">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>2016</td> <td>&#160;</td> <td>$</td> <td style="text-align: right">201,193</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>2017</td> <td>&#160;</td> <td>$</td> <td style="text-align: right">201,193</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom"> <td>2018</td> <td>&#160;</td> <td>$</td> <td style="text-align: right">201,193</td> <td nowrap="nowrap">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>2019</td> <td>&#160;</td> <td>$</td> <td style="text-align: right">150,895</td> <td nowrap="nowrap">&#160;</td></tr> </table>
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13169991 shares
CY2015Q1 FSI Representation In Accounts Receivable By Primary Customers1
RepresentationInAccountsReceivableByPrimaryCustomers1
1712916 usd
CY2014Q4 FSI Representation In Accounts Receivable By Primary Customers1
RepresentationInAccountsReceivableByPrimaryCustomers1
1769114 usd
CY2015Q1 FSI Percentage Representation In Accounts Receivable By Primary Customers
PercentageRepresentationInAccountsReceivableByPrimaryCustomers
0.55
CY2014Q4 FSI Percentage Representation In Accounts Receivable By Primary Customers
PercentageRepresentationInAccountsReceivableByPrimaryCustomers
0.76
CY2015Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
3142906 usd
CY2014Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
2363492 usd
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
28081 usd
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
41119 usd
CY2015Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1459907 usd
CY2014Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1449640 usd
CY2015Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
2272 usd
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1216 usd
CY2015Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
1984907 usd
CY2014Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2016582 usd
CY2015Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10902119 usd
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11490398 usd
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6582670 usd
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6725498 usd
CY2015Q1 FSI Depreciation Expense1
DepreciationExpense1
152861 usd
CY2014Q1 FSI Depreciation Expense1
DepreciationExpense1
196009 usd
CY2015Q1 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
209421 usd
CY2014Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
228597 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
87523 usd
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
91193 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16326 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
16326 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16326 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
16326 usd
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
16326 usd
CY2015Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P17Y
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4081 usd
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4590 usd
CY2015Q1 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
775000 usd
CY2014Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
750000 usd
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
201193 usd
CY2015Q1 us-gaap Long Term Debt
LongTermDebt
1112689 usd
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
1297830 usd
CY2015Q1 FSI Proceeds From Loan
ProceedsFromLoan
usd
CY2014Q4 FSI Proceeds From Loan
ProceedsFromLoan
1005967 usd
CY2015Q1 FSI Payments On Loan
PaymentsOnLoan
50298 usd
CY2014Q4 FSI Payments On Loan
PaymentsOnLoan
982973 usd
CY2015Q1 FSI Effect Of Exchange Rate
EffectOfExchangeRate
-13205 usd
CY2014Q4 FSI Effect Of Exchange Rate
EffectOfExchangeRate
-208135 usd
CY2015Q1 FSI Long Term Debt1
LongTermDebt1
1049186 usd
CY2014Q4 FSI Long Term Debt1
LongTermDebt1
1112689 usd
CY2015Q1 us-gaap Debt Current
DebtCurrent
704177 usd
CY2014Q4 us-gaap Debt Current
DebtCurrent
754475 usd
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1226000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1126000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1164000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
159000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
227000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-59000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-265000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1014000 shares
CY2015Q1 FSI Granted
Granted
1.05
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.48
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.54
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.73
CY2015Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.05
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.01
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.55
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.91
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.54
CY2015Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0107
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0078
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.61
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.58
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.49
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.36
CY2015Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
52787 usd
CY2015Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P9M
CY2015Q1 us-gaap Revenues
Revenues
4963887 usd
CY2014Q1 us-gaap Revenues
Revenues
3812981 usd
CY2015Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
156942 usd
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
200599 usd
CY2015Q1 us-gaap Profit Loss
ProfitLoss
504264 usd
CY2014Q1 us-gaap Profit Loss
ProfitLoss
-155578 usd
CY2015Q1 FSI Segment Reporting Information Net Assets1
SegmentReportingInformationNetAssets1
4441347 usd
CY2014Q1 FSI Segment Reporting Information Net Assets1
SegmentReportingInformationNetAssets1
5644591 usd
CY2015Q1 FSI Expenditures For Segment Assets
ExpendituresForSegmentAssets
29028 usd
CY2014Q1 FSI Expenditures For Segment Assets
ExpendituresForSegmentAssets
-6161 usd
CY2015Q1 FSI Property Equipment Leasehold And Patents
PropertyEquipmentLeaseholdAndPatents
4441347 usd
CY2014Q4 FSI Property Equipment Leasehold And Patents
PropertyEquipmentLeaseholdAndPatents
4902304 usd
CY2015Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2971579 usd
CY2014Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2134689 usd
CY2015Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.60
CY2014Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.56
CY2015Q1 FSI Customers Accounts Receivable
CustomersAccountsReceivable
1712916 usd
CY2014Q4 FSI Customers Accounts Receivable
CustomersAccountsReceivable
1796114 usd
CY2015Q1 FSI Percentage Customers Accounts Receivable
PercentageCustomersAccountsReceivable
0.55
CY2014Q4 FSI Percentage Customers Accounts Receivable
PercentageCustomersAccountsReceivable
0.76
CY2015Q1 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
64528 usd
CY2015Q1 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
64524 usd
CY2015Q1 FSI Lease Expiry Date
LeaseExpiryDate
October 31, 2015
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
150896 usd
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
201193 usd
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
201193 usd
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
150895 usd

Files In Submission

Name View Source Status
0001354488-15-002507-index-headers.html Edgar Link pending
0001354488-15-002507-index.html Edgar Link pending
0001354488-15-002507.txt Edgar Link pending
0001354488-15-002507-xbrl.zip Edgar Link pending
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fsi-20150331.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
fsi-20150331_def.xml Edgar Link unprocessable
fsi-20150331.xml Edgar Link completed
fsi_10q.htm Edgar Link pending
fsi_ex311.htm Edgar Link pending
fsi_ex312.htm Edgar Link pending
fsi_ex32.htm 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
R52.htm Edgar Link pending
fsi-20150331_pre.xml Edgar Link unprocessable
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.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
fsi-20150331_cal.xml Edgar Link unprocessable
fsi-20150331_lab.xml Edgar Link unprocessable