$HCIL
Hongchang International Co., Ltd

2013 Q4 Form 10-Q Financial Statement

#000154812313000446 Filed on November 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $700.0K $460.7K $249.5K
YoY Change 218.18% 84.63% -34.64%
Cost Of Revenue $280.0K $291.3K $46.14K
YoY Change 300.0% 531.28% 52.37%
Gross Profit $430.0K $169.5K $203.4K
YoY Change 186.67% -16.69% -42.14%
Gross Profit Margin 61.43% 36.78% 81.51%
Selling, General & Admin $550.0K $288.9K $326.6K
YoY Change -16.67% -11.54% -30.6%
% of Gross Profit 127.91% 170.47% 160.55%
Research & Development $60.00K $55.07K $57.13K
YoY Change 0.0% -3.6% 35.06%
% of Gross Profit 13.95% 32.5% 28.09%
Depreciation & Amortization $0.00 $10.00K $10.00K
YoY Change -100.0% 0.0% 0.0%
% of Gross Profit 0.0% 5.9% 4.92%
Operating Expenses $610.0K $345.7K $392.8K
YoY Change -16.44% -11.98% -24.8%
Operating Profit -$180.0K -$176.3K -$189.4K
YoY Change -68.97% -6.93% 10.87%
Interest Expense -$270.0K $21.92K $33.79K
YoY Change 0.0% -35.12% -567.35%
% of Operating Profit
Other Income/Expense, Net $21.92K $13.66K
YoY Change 60.53% -2034.42%
Pretax Income -$800.0K -$154.3K -$175.7K
YoY Change -5.88% -12.18% 2.46%
Income Tax $2.730M -$92.65K $80.00
% Of Pretax Income
Net Earnings -$3.540M -$5.190K -$107.9K
YoY Change 580.77% -95.19% -18.38%
Net Earnings / Revenue -505.71% -1.13% -43.25%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share -$329.6K $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 49.71M shares 49.71M shares 49.71M shares
Diluted Shares Outstanding 49.71M shares 49.71M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.930M $1.580M $860.0K
YoY Change 16.27% 83.72% -72.52%
Cash & Equivalents $1.929M $1.584M $858.0K
Short-Term Investments
Other Short-Term Assets $50.00K $90.00K $10.00K
YoY Change 400.0% 800.0% -95.45%
Inventory $23.00K $378.0K $387.6K
Prepaid Expenses
Receivables $88.02K $77.81K $53.93K
Other Receivables $280.0K $780.0K $2.010M
Total Short-Term Assets $2.369M $2.915M $3.315M
YoY Change -17.33% -12.07% -9.89%
LONG-TERM ASSETS
Property, Plant & Equipment $9.420K $6.395K $1.790M
YoY Change -99.47% -99.64% -1.77%
Goodwill $1.946M $1.946M $1.946M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $0.00 $290.0K $560.0K
YoY Change -100.0% -48.21% -44.0%
Other Assets $160.0K $2.850M $2.930M
YoY Change -94.84% -2.73% 44.33%
Total Long-Term Assets $2.111M $5.091M $7.228M
YoY Change -70.33% -29.55% 2.59%
TOTAL ASSETS
Total Short-Term Assets $2.369M $2.915M $3.315M
Total Long-Term Assets $2.111M $5.091M $7.228M
Total Assets $4.480M $8.006M $10.54M
YoY Change -55.12% -24.06% -1.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.77K $25.62K $142.3K
YoY Change -40.77% -81.99% 345.81%
Accrued Expenses $146.2K $138.1K $621.9K
YoY Change -76.89% -77.79% 231.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00K $40.00K
YoY Change
Total Short-Term Liabilities $281.3K $269.6K $974.5K
YoY Change -69.88% -72.34% 106.18%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.170M
YoY Change -100.0% -100.0% 17.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.170M
YoY Change 17.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $281.3K $269.6K $974.5K
Total Long-Term Liabilities $1.170M
Total Liabilities $281.3K $269.6K $2.145M
YoY Change -86.61% -87.43% 45.65%
SHAREHOLDERS EQUITY
Retained Earnings -$13.92M -$10.38M -$9.722M
YoY Change 35.96% 6.8% 9.62%
Common Stock $18.12M $18.12M $18.12M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.199M $7.737M $8.398M
YoY Change
Total Liabilities & Shareholders Equity $4.480M $8.006M $10.54M
YoY Change -55.12% -24.06% -1.69%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$3.540M -$5.190K -$107.9K
YoY Change 580.77% -95.19% -18.38%
Depreciation, Depletion And Amortization $0.00 $10.00K $10.00K
YoY Change -100.0% 0.0% 0.0%
Cash From Operating Activities -$180.0K -$410.0K -$360.0K
YoY Change -51.35% 13.89% 350.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $550.0K $1.340M $500.0K
YoY Change -52.99% 168.0% -317.39%
Cash From Investing Activities $550.0K $1.340M $500.0K
YoY Change -52.99% 168.0% -317.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.00K -1.110M 150.0K
YoY Change -840.0%
NET CHANGE
Cash From Operating Activities -180.0K -410.0K -360.0K
Cash From Investing Activities 550.0K 1.340M 500.0K
Cash From Financing Activities -20.00K -1.110M 150.0K
Net Change In Cash 350.0K -180.0K 290.0K
YoY Change -56.25% -162.07% -193.55%
FREE CASH FLOW
Cash From Operating Activities -$180.0K -$410.0K -$360.0K
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$180.0K -$410.0K -$360.0K
YoY Change -51.35% 13.89% 350.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001086303
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
49713895 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
PACIFIC WEBWORKS INC
CY2013Q3 pweb Capital Call Provision Conversion Ratio
CapitalCallProvisionConversionRatio
1 pure
CY2013Q3 pweb Capital Call Provision Conversion Ratio Failed Requirement
CapitalCallProvisionConversionRatioFailedRequirement
2 pure
CY2013Q3 pweb Capital Call Provision Conversion Ratio One
CapitalCallProvisionConversionRatioOne
1 pure
CY2013Q3 pweb Capital Call Provision Membership Voting Interest Approval Percentage
CapitalCallProvisionMembershipVotingInterestApprovalPercentage
0.75 pure
CY2013Q3 pweb Capital Call Provision Percent Of Investment
CapitalCallProvisionPercentOfInvestment
0.4 pure
CY2013Q3 pweb Capital Call Provision Percent Of Investment Two
CapitalCallProvisionPercentOfInvestmentTwo
0.3 pure
pweb Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Valuation Adjustment
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValuationAdjustment
USD
CY2013Q3 pweb Monthly Payments Under Operating Lease Agreement Year Fifth
MonthlyPaymentsUnderOperatingLeaseAgreementYearFifth
4825 USD
CY2013Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
18069715 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
18069715 USD
CY2013Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2013Q3 us-gaap Assets
Assets
8006409 USD
CY2012Q4 us-gaap Assets
Assets
9981363 USD
CY2013Q3 us-gaap Assets Current
AssetsCurrent
2914913 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
2865425 USD
CY2013Q3 pweb Segment Reporting Information Net Income Loss
SegmentReportingInformationNetIncomeLoss
-5191 USD
pweb Segment Reporting Information Net Income Loss
SegmentReportingInformationNetIncomeLoss
-294703 USD
CY2012Q3 pweb Segment Reporting Information Net Income Loss
SegmentReportingInformationNetIncomeLoss
-107921 USD
CY2013Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
25623 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
80638 USD
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
77812 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
51552 USD
CY2013Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
82531 USD
CY2013Q3 us-gaap Available For Sale Securities
AvailableForSaleSecurities
82531 USD
CY2013Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
138103 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
632582 USD
CY2013Q3 pweb Monthly Payments Under Operating Lease Agreement Year Four
MonthlyPaymentsUnderOperatingLeaseAgreementYearFour
4700 USD
CY2013Q3 pweb Monthly Payments Under Operating Lease Agreement Year One
MonthlyPaymentsUnderOperatingLeaseAgreementYearOne
4300 USD
CY2013Q3 pweb Monthly Payments Under Operating Lease Agreement Year Three
MonthlyPaymentsUnderOperatingLeaseAgreementYearThree
4550 USD
CY2013Q3 pweb Monthly Payments Under Operating Lease Agreement Year Two
MonthlyPaymentsUnderOperatingLeaseAgreementYearTwo
4425 USD
pweb Segment Reporting Information Net Income Loss
SegmentReportingInformationNetIncomeLoss
-144164 USD
CY2013Q3 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
82531 USD
CY2012Q4 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
82531 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1583939 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1655801 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
857966 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1283569 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-71862 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-425603 USD
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
49713895 shares
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
49714 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
49714 USD
us-gaap Cost Of Revenue
CostOfRevenue
450941 USD
CY2013Q3 us-gaap Cost Of Revenue
CostOfRevenue
291285 USD
us-gaap Cost Of Revenue
CostOfRevenue
151979 USD
CY2012Q3 us-gaap Cost Of Revenue
CostOfRevenue
46142 USD
us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
440 USD
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
49713895 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
49713895 shares
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
49713895 shares
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
11414 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-145500 USD
CY2013Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-56500 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-251400 USD
CY2012Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-67900 USD
CY2013Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
62177 USD
CY2012Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
11195 USD
CY2013Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2734700 USD
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2589200 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16385 USD
CY2013Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1773 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27316 USD
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9105 USD
CY2011Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
500000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2011Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.25 pure
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
88654 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
USD
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
82531 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
82531 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
143290 USD
CY2013Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
USD
CY2012Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1850000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
755877 USD
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
249011 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1055628 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
317156 USD
CY2013Q3 us-gaap Goodwill
Goodwill
1946253 USD
CY2012Q4 us-gaap Goodwill
Goodwill
1946253 USD
us-gaap Gross Profit
GrossProfit
510809 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
169463 USD
us-gaap Gross Profit
GrossProfit
709623 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
203407 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-382318 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-154344 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-545568 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-175741 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5785 USD
CY2013Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
USD
CY2012Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
33794 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-17208 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-4825 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-77996 USD
CY2012Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-20137 USD
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-84597 USD
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-21186 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-92654 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-92654 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
535 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-706929 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
19291 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
26260 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-36045 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
9480 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
44930 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
145500 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
251400 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
50982 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
65 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11056 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
89819 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-395994 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
314703 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
32443 USD
CY2013Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
21924 USD
us-gaap Interest Paid
InterestPaid
874 USD
us-gaap Interest Paid
InterestPaid
440 USD
CY2013Q3 us-gaap Interest Payable Current
InterestPayableCurrent
USD
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
209328 USD
CY2013Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
509023 USD
CY2013Q3 us-gaap Interest Receivable Current
InterestReceivableCurrent
33438 USD
CY2012Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
23958 USD
CY2013Q3 us-gaap Inventory Net
InventoryNet
378037 USD
CY2012Q4 us-gaap Inventory Net
InventoryNet
377972 USD
us-gaap Lease Expiration Date1
LeaseExpirationDate1
2018-05-31
CY2013Q3 us-gaap Liabilities
Liabilities
269580 USD
CY2012Q4 us-gaap Liabilities
Liabilities
2100370 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8006409 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9981363 USD
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
269580 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
933743 USD
CY2013Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
USD
CY2012Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1166627 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
15000 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
18034 USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
USD
CY2013Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
25643 USD
CY2013Q3 us-gaap Long Term Investments
LongTermInvestments
204932 USD
CY2012Q4 us-gaap Long Term Investments
LongTermInvestments
208717 USD
CY2011Q4 us-gaap Long Term Investments
LongTermInvestments
250000 USD
CY2012Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
1166627 USD
CY2013Q1 us-gaap Long Term Investments
LongTermInvestments
2000 USD
CY2012Q4 us-gaap Long Term Investments
LongTermInvestments
34500 USD
us-gaap Operating Expenses
OperatingExpenses
1063075 USD
CY2012Q2 us-gaap Long Term Investments
LongTermInvestments
30000 USD
CY2013Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
USD
CY2012Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
750000 USD
CY2011Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
250000 USD
CY2013Q3 us-gaap Notes Payable Current
NotesPayableCurrent
43677 USD
CY2012Q4 us-gaap Notes Payable Current
NotesPayableCurrent
USD
CY2013Q3 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1118676 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
140337 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1848000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
185300 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-801186 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-751240 USD
us-gaap Net Income Loss
NetIncomeLoss
-144164 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-5190 USD
us-gaap Net Income Loss
NetIncomeLoss
-294703 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-107921 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
169948 USD
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
21924 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
24358 USD
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
13657 USD
CY2013Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
750000 USD
CY2011Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
400000 USD
CY2011Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
400000 USD
CY2013Q3 us-gaap Notes Payable
NotesPayable
1340597 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
345731 USD
us-gaap Operating Expenses
OperatingExpenses
1279549 USD
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
392805 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-552266 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-176268 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-569926 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-189398 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13700 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
25000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
37500 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2200 USD
CY2013Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
91687 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6142 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
42738 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
150000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
500000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
250000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1850000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
USD
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6395 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1781383 USD
CY2011Q3 us-gaap Related Party Transaction Rate
RelatedPartyTransactionRate
0.15 pure
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1161414 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
9663 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
175810 USD
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
55072 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
166289 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
57130 USD
CY2013Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
111860 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
507854 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10382600 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10238436 USD
us-gaap Revenues
Revenues
961750 USD
CY2013Q3 us-gaap Revenues
Revenues
460748 USD
us-gaap Revenues
Revenues
861602 USD
CY2012Q3 us-gaap Revenues
Revenues
249549 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
200351 USD
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
59162 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
USD
CY2012Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
USD
CY2013Q3 us-gaap Security Deposit
SecurityDeposit
4825 USD
CY2012Q4 us-gaap Security Deposit
SecurityDeposit
USD
us-gaap Selling Expense
SellingExpense
115003 USD
CY2013Q3 us-gaap Selling Expense
SellingExpense
39875 USD
CY2012Q3 us-gaap Selling Expense
SellingExpense
9414 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49713895 shares
us-gaap Selling Expense
SellingExpense
30316 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
7736829 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
7880993 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
761399 USD
CY2013Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
401586 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
861602 USD
CY2012Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
249549 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49713895 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49713895 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49713895 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49713895 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49713895 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49713895 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49713895 shares

Files In Submission

Name View Source Status
0001548123-13-000446-index-headers.html Edgar Link pending
0001548123-13-000446-index.html Edgar Link pending
0001548123-13-000446.txt Edgar Link pending
0001548123-13-000446-xbrl.zip Edgar Link pending
ex311.htm Edgar Link pending
ex312.htm Edgar Link pending
ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
pweb-20130930.xml Edgar Link completed
pweb-20130930.xsd Edgar Link pending
pweb-20130930_cal.xml Edgar Link unprocessable
pweb-20130930_def.xml Edgar Link unprocessable
pweb-20130930_lab.xml Edgar Link unprocessable
pweb-20130930_pre.xml Edgar Link unprocessable
pweb_201310qq3v6.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
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.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