$IVDA
Iveda Solutions, Inc. Stock $ivda

$ivda Overview Financials Valuation SEC Filings Company Website

2013 Q3 Form 10-Q Financial Statement

#000114420413045244 Filed on August 13, 2013

Income Statement

Concept	2013 Q3	2013 Q2	2012 Q2
Revenue	$568.9K	$794.2K	$1.060M
YoY Change	49.25%	-25.11%	82.84%
Cost Of Revenue	$472.0K	$627.9K	$871.1K
YoY Change	46.21%	-27.91%	85.33%
Gross Profit	$96.93K	$166.2K	$189.4K
YoY Change	66.11%	-12.24%	72.21%
Gross Profit Margin	17.04%	20.93%	17.86%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$60.00K	$50.00K	$80.00K
YoY Change	0.0%	-37.5%	100.0%
% of Gross Profit	61.9%	30.08%	42.23%
Operating Expenses	$1.646M	$1.615M	$1.026M
YoY Change	89.59%	57.35%	-20.43%
Operating Profit	-$1.549M	-$1.449M	-$837.0K
YoY Change	91.28%	73.1%	-29.07%
Interest Expense	$16.22K	$30.66K	$11.83K
YoY Change	-33.56%	159.11%	-218.33%
% of Operating Profit
Other Income/Expense, Net	-$24.83K	-$58.08K	-$11.36K
YoY Change	1.38%	411.5%
Pretax Income	-$1.573M	-$1.507M	-$848.3K
YoY Change	88.64%	77.63%	-28.71%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$1.573M	-$1.507M	-$848.3K
YoY Change	89.57%	77.63%	-28.71%
Net Earnings / Revenue	-276.57%	-189.75%	-79.99%
Basic Earnings Per Share
Diluted Earnings Per Share	-$61.09K	-$60.72K	-$45.92K
COMMON SHARES
Basic Shares Outstanding	25.90M shares		18.55M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2013 Q3	2013 Q2	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.080M	$1.440M	$310.0K
YoY Change	44.0%	364.52%	-47.46%
Cash & Equivalents	$1.082M	$1.436M	$311.4K
Short-Term Investments
Other Short-Term Assets	$391.0K	$402.6K	$430.0K
YoY Change	-23.33%	-6.37%	43.33%
Inventory	$208.1K	$157.6K	$140.0K
Prepaid Expenses
Receivables	$508.1K	$997.8K	$1.650M
Other Receivables	$0.00	$0.00	$10.00K
Total Short-Term Assets	$3.073M	$3.965M	$2.540M
YoY Change	47.75%	56.12%	24.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$451.2K	$481.4K	$623.3K
YoY Change	-26.17%	-22.76%	114.92%
Goodwill	$841.0K	$841.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments			$10.00K
YoY Change			0.0%
Other Assets	$100.0K	$100.0K	$110.0K
YoY Change	-16.67%	-9.09%	1000.0%
Total Long-Term Assets	$1.548M	$1.582M	$1.754M
YoY Change	-11.17%	-9.81%	-28.12%
TOTAL ASSETS
Total Short-Term Assets	$3.073M	$3.965M	$2.540M
Total Long-Term Assets	$1.548M	$1.582M	$1.754M
Total Assets	$4.621M	$5.547M	$4.294M
YoY Change	20.89%	29.19%	-4.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.794M	$1.755M	$910.0K
YoY Change	92.87%	92.91%	213.79%
Accrued Expenses			$220.0K
YoY Change			266.67%
Deferred Revenue
YoY Change
Short-Term Debt	$87.00K	$439.1K	$950.0K
YoY Change	-86.62%	-53.78%	331.82%
Long-Term Debt Due	$190.0K	$200.0K	$10.00K
YoY Change		1900.0%	-66.67%
Total Short-Term Liabilities	$2.166M	$2.492M	$2.650M
YoY Change	19.01%	-5.95%	268.06%
LONG-TERM LIABILITIES
Long-Term Debt	$60.00K	$100.0K	$10.00K
YoY Change		900.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$60.00K	$100.0K	$10.00K
YoY Change		900.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.166M	$2.492M	$2.650M
Total Long-Term Liabilities	$60.00K	$100.0K	$10.00K
Total Liabilities	$2.230M	$2.600M	$2.650M
YoY Change	22.53%	-1.89%	263.01%
SHAREHOLDERS EQUITY
Retained Earnings	-$19.34M	-$17.76M
YoY Change
Common Stock	$21.76M	$20.75M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.391M	$2.951M	$1.640M
YoY Change
Total Liabilities & Shareholders Equity	$4.621M	$5.547M	$4.290M
YoY Change	20.97%	29.31%	-4.24%

Cashflow Statement

Concept	2013 Q3	2013 Q2	2012 Q2
OPERATING ACTIVITIES
Net Income	-$1.573M	-$1.507M	-$848.3K
YoY Change	89.57%	77.63%	-28.71%
Depreciation, Depletion And Amortization	$60.00K	$50.00K	$80.00K
YoY Change	0.0%	-37.5%	100.0%
Cash From Operating Activities	-$930.0K	-$1.740M	-$1.710M
YoY Change	365.0%	1.75%	48.7%
INVESTING ACTIVITIES
Capital Expenditures	-$20.00K	-$50.00K	-$140.0K
YoY Change	-60.0%	-64.29%	1300.0%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$20.00K	-$50.00K	-$140.0K
YoY Change	-60.0%	-64.29%	-119.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	590.0K	1.520M	1.580M
YoY Change	-13.24%	-3.8%	102.56%
NET CHANGE
Cash From Operating Activities	-930.0K	-1.740M	-1.710M
Cash From Investing Activities	-20.00K	-50.00K	-140.0K
Cash From Financing Activities	590.0K	1.520M	1.580M
Net Change In Cash	-360.0K	-270.0K	-270.0K
YoY Change	-183.72%	0.0%	-175.0%
FREE CASH FLOW
Cash From Operating Activities	-$930.0K	-$1.740M	-$1.710M
Capital Expenditures	-$20.00K	-$50.00K	-$140.0K
Free Cash Flow	-$910.0K	-$1.690M	-$1.570M
YoY Change	506.67%	7.64%	37.72%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	114462	USD
CY2013Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	971360	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	447206	USD
CY2013Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	997774	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1958799	USD
CY2013Q2	us-gaap	Inventory Net InventoryNet	157572	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	123021	USD
CY2013Q2	us-gaap	Other Assets Current OtherAssetsCurrent	402605	USD
CY2012Q4	us-gaap	Other Assets Current OtherAssetsCurrent	645728	USD
CY2013Q2	us-gaap	Assets Current AssetsCurrent	3965365	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	3289216	USD
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	481430	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	516981	USD
CY2013Q2	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	156666	USD
CY2012Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	166666	USD
	dei	Entity Registrant Name EntityRegistrantName	Iveda Solutions, Inc.
	dei	Entity Central Index Key EntityCentralIndexKey	0001397183
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Document Type DocumentType	10-Q
	dei	Trading Symbol TradingSymbol	IVDA
CY2013Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	25902048	shares
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1436054	USD
CY2013Q2	us-gaap	Goodwill Goodwill	841000	USD
CY2012Q4	us-gaap	Goodwill Goodwill	841000	USD
CY2013Q2	us-gaap	Other Assets OtherAssets	102732	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	105621	USD
CY2013Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	1100398	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	1113287	USD
CY2013Q2	us-gaap	Assets Assets	5547193	USD
CY2012Q4	us-gaap	Assets Assets	4919484	USD
CY2013Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1755494	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2456788	USD
CY2013Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	100000	USD
CY2012Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	336605	USD
CY2013Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	439052	USD
CY2012Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	802122	USD
CY2013Q2	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	197714	USD
CY2012Q4	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	75707	USD
CY2013Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2492260	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3671222	USD
CY2013Q2	us-gaap	Long Term Debt LongTermDebt	104350	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	67695	USD
CY2013Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q2	us-gaap	Common Stock Value CommonStockValue	252	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	204	USD
CY2013Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	20745965	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	16204068	USD
CY2013Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-32408	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-23629	USD
CY2013Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-17763226	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-15000076	USD
CY2013Q2	us-gaap	Stockholders Equity StockholdersEquity	2950583	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	1180657	USD
CY2013Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5547193	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4919484	USD
CY2012Q2	ivda	Equipment Sales EquipmentSales	596099	USD
	ivda	Equipment Sales EquipmentSales	1057822	USD
	ivda	Equipment Sales EquipmentSales	1096964	USD
CY2013Q2	ivda	Equipment Sales EquipmentSales	621989	USD
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2013-06-30
CY2013Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	157823	USD
CY2012Q2	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	454253	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1643478	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1621693	USD
CY2012Q2	us-gaap	Revenues Revenues	1060496	USD
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	-848337	USD
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.09
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	326832	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	648622	USD
CY2013Q2	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	14354	USD
CY2012Q2	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	10144	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	24734	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	25734	USD
CY2013Q2	us-gaap	Revenues Revenues	794166	USD
	us-gaap	Revenues Revenues	1409388	USD
	us-gaap	Revenues Revenues	1771320	USD
CY2013Q2	us-gaap	Cost Of Revenue CostOfRevenue	627934	USD
CY2012Q2	us-gaap	Cost Of Revenue CostOfRevenue	871070	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1192882	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1406177	USD
CY2013Q2	us-gaap	Gross Profit GrossProfit	166232	USD
CY2012Q2	us-gaap	Gross Profit GrossProfit	189426	USD
	us-gaap	Gross Profit GrossProfit	216506	USD
	us-gaap	Gross Profit GrossProfit	365143	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	1615072	USD
CY2012Q2	us-gaap	Operating Expenses OperatingExpenses	1026408	USD
	us-gaap	Operating Expenses OperatingExpenses	2886155	USD
	us-gaap	Operating Expenses OperatingExpenses	1986836	USD
CY2013Q2	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-918	USD
CY2012Q2	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	0	USD
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-1107	USD
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	0	USD
CY2013Q2	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	-27500	USD
CY2012Q2	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	0	USD
	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	-44000	USD
CY2013Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	997	USD
CY2012Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	478	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	997	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	538	USD
CY2013Q2	us-gaap	Interest Expense InterestExpense	30660	USD
CY2012Q2	us-gaap	Interest Expense InterestExpense	11833	USD
	us-gaap	Interest Expense InterestExpense	49390	USD
	us-gaap	Interest Expense InterestExpense	22323	USD
CY2013Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-58081	USD
CY2012Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-11355	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-93500	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-21785	USD
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	-1506921	USD
	us-gaap	Net Income Loss NetIncomeLoss	-2763149	USD
	us-gaap	Net Income Loss NetIncomeLoss	-1643478	USD
CY2013Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.06
CY2012Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.05
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1506921	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-848337	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2763149	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1448840	USD
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-836982	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2669649	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-7742	USD
CY2012Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-9468	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-8779	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	6826	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1514663	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-857805	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2771928	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1636652	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	113349	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	116259	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	88020	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	61076	USD
	ivda	Common Shares Issued For Services CommonSharesIssuedForServices	148756	USD
	ivda	Common Shares Issued For Services CommonSharesIssuedForServices	110562	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-913018	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	710900	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	37852	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	59909	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-71014	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	53906	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-486279	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	165063	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1909123	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2015233	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	68597	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	338666	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-68597	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-338666	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	544058	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	47673	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	-138612	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	716204	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	184574	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-230440	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	392753	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	0	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	101226	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3996594	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	651539	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3304248	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1808132	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	5567	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	5917	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-4936	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	6819	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1321592	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-538948	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	850364	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	311416	USD
	us-gaap	Interest Paid InterestPaid	49390	USD
	us-gaap	Interest Paid InterestPaid	22323	USD
	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	41757	USD
	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	0	USD
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif"> <strong><u>Reclassification</u></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif"> Certain amounts in 2012 may have been reclassified to conform to the 2013 presentation. </div> </div>
CY2012Q2	us-gaap	Inventory Gross InventoryGross	139693	USD
CY2012Q2	us-gaap	Assets Assets	4293909	USD
	ivda	Additions Non Current Assets AdditionsNonCurrentAssets	60084	USD
	ivda	Additions Non Current Assets AdditionsNonCurrentAssets	129899	USD
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif"> <strong><u>Concentrations</u></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif"> Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and cash equivalents and trade accounts receivable.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif"> Substantially all cash is deposited in two financial institutions, one in the United States and one in Taiwan. At times, amounts on deposit in the United States may be in excess of the FDIC insurance limit. Deposits in Taiwan financial institutions are insured by CDIC (Central Deposit Insurance Corporation) with maximum coverage of NTD 3 million. At times, amounts on deposit in Taiwan may be in excess of the CDIC insurance limit.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN: justify; MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif"> Accounts receivable are unsecured, and the Company is at risk to the extent such amount becomes uncollectible. The Company performs periodic credit evaluations of its customers’ financial condition and generally does not require collateral. Revenue from two customers represented approximately <font style=" FONT-SIZE: 10pt">58</font>% of total revenues for the six months ended June 30, 2013, and approximately <font style=" FONT-SIZE: 10pt">45</font>% of total accounts receivable at June 30, 2013.</div> </div>
CY2012Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	623261	USD
CY2013Q2	us-gaap	Inventory Gross InventoryGross	157572	USD
CY2013Q2	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	1
CY2013Q1	us-gaap	Extinguishment Of Debt Amount ExtinguishmentOfDebtAmount	45000	USD
CY2013Q2	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	50000	USD
CY2013Q1	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	30000	USD
CY2013Q2	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	1
CY2013Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	15000	USD
CY2013Q2	ivda	Short Term Bank Loans ShortTermBankLoans	352052	USD
CY2013Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2013Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
	ivda	Stock Issued During Period Price Per Share StockIssuedDuringPeriodPricePerShare	1.00
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	4544500	USD
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	491150	USD
	us-gaap	Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage	1	pure
	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit	0.10
	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit	1.75
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5038512	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	140000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	184500	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	143500	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4850512	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3628628	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	0.28
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.91
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1.71
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	1.12
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.93
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	1.24
	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2	P8Y2M12D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.2628	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0085	pure
CY2013Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	10000	USD
CY2013Q2	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2013-08-19
CY2013Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	200000	USD
	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	24000	USD
CY2013Q2	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	100000	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8127581	shares
CY2013Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24865675	shares
CY2012Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	18506730	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	23409185	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	18272526	shares

Files In Submission

Name	View Source	Status
0001144204-13-045244-index-headers.html	Edgar Link	pending
0001144204-13-045244-index.html	Edgar Link	pending
0001144204-13-045244.txt	Edgar Link	pending
0001144204-13-045244-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
ivda-20130630.xml	Edgar Link	completed
ivda-20130630.xsd	Edgar Link	pending
ivda-20130630_cal.xml	Edgar Link	unprocessable
ivda-20130630_def.xml	Edgar Link	unprocessable
ivda-20130630_lab.xml	Edgar Link	unprocessable
ivda-20130630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R1.xml	Edgar Link	unprocessable
R10.htm	Edgar Link	pending
R10.xml	Edgar Link	unprocessable
R11.htm	Edgar Link	pending
R11.xml	Edgar Link	unprocessable
R12.htm	Edgar Link	pending
R12.xml	Edgar Link	unprocessable
R13.htm	Edgar Link	pending
R13.xml	Edgar Link	unprocessable
R14.htm	Edgar Link	pending
R14.xml	Edgar Link	unprocessable
R15.htm	Edgar Link	pending
R15.xml	Edgar Link	unprocessable
R16.htm	Edgar Link	pending
R16.xml	Edgar Link	unprocessable
R17.htm	Edgar Link	pending
R17.xml	Edgar Link	unprocessable
R18.htm	Edgar Link	pending
R18.xml	Edgar Link	unprocessable
R19.htm	Edgar Link	pending
R19.xml	Edgar Link	unprocessable
R2.htm	Edgar Link	pending
R2.xml	Edgar Link	unprocessable
R20.htm	Edgar Link	pending
R20.xml	Edgar Link	unprocessable
R21.htm	Edgar Link	pending
R21.xml	Edgar Link	unprocessable
R22.htm	Edgar Link	pending
R22.xml	Edgar Link	unprocessable
R23.htm	Edgar Link	pending
R23.xml	Edgar Link	unprocessable
R24.htm	Edgar Link	pending
R24.xml	Edgar Link	unprocessable
R25.htm	Edgar Link	pending
R25.xml	Edgar Link	unprocessable
R26.htm	Edgar Link	pending
R26.xml	Edgar Link	unprocessable
R27.htm	Edgar Link	pending
R27.xml	Edgar Link	unprocessable
R28.htm	Edgar Link	pending
R28.xml	Edgar Link	unprocessable
R29.htm	Edgar Link	pending
R29.xml	Edgar Link	unprocessable
R3.htm	Edgar Link	pending
R3.xml	Edgar Link	unprocessable
R30.htm	Edgar Link	pending
R30.xml	Edgar Link	unprocessable
R31.htm	Edgar Link	pending
R31.xml	Edgar Link	unprocessable
R32.htm	Edgar Link	pending
R32.xml	Edgar Link	unprocessable
R33.htm	Edgar Link	pending
R33.xml	Edgar Link	unprocessable
R34.htm	Edgar Link	pending
R34.xml	Edgar Link	unprocessable
R35.htm	Edgar Link	pending
R35.xml	Edgar Link	unprocessable
R4.htm	Edgar Link	pending
R4.xml	Edgar Link	unprocessable
R5.htm	Edgar Link	pending
R5.xml	Edgar Link	unprocessable
R6.htm	Edgar Link	pending
R6.xml	Edgar Link	unprocessable
R7.htm	Edgar Link	pending
R7.xml	Edgar Link	unprocessable
R8.htm	Edgar Link	pending
R8.xml	Edgar Link	unprocessable
R9.htm	Edgar Link	pending
R9.xml	Edgar Link	unprocessable
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
v351573_10q.htm	Edgar Link	pending
v351573_ex31-1.htm	Edgar Link	pending
v351573_ex31-2.htm	Edgar Link	pending
v351573_ex32-1.htm	Edgar Link	pending
v351573_ex32-2.htm	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$IVDA
Iveda Solutions, Inc. Stock $ivda

2013 Q3 Form 10-Q Financial Statement

#000114420413045244 Filed on August 13, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IVDA Iveda Solutions, Inc. Stock $ivda

2013 Q3 Form 10-Q Financial Statement

#000114420413045244 Filed on August 13, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IVDA
Iveda Solutions, Inc. Stock $ivda