$IVDA
Iveda Solutions, Inc. Stock $ivda

$ivda Overview Financials Valuation SEC Filings Company Website

2013 Q3 Form 10-Q Financial Statement

#000114420413061276 Filed on November 14, 2013

Income Statement

Concept	2013 Q3	2012 Q4	2012 Q3
Revenue	$568.9K	$1.460M	$381.2K
YoY Change	49.25%	6.57%	-35.39%
Cost Of Revenue	$472.0K	$1.500M	$322.8K
YoY Change	46.21%	44.23%	-31.31%
Gross Profit	$96.93K	-$40.00K	$58.35K
YoY Change	66.11%	-112.12%	-51.38%
Gross Profit Margin	17.04%	-2.74%	15.31%
Selling, General & Admin		$1.370M
YoY Change		-7.43%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$60.00K	$40.00K	$60.00K
YoY Change	0.0%	-75.0%	50.0%
% of Gross Profit	61.9%		102.83%
Operating Expenses	$1.646M	$1.370M	$868.0K
YoY Change	89.59%	-7.43%	11.28%
Operating Profit	-$1.549M	-$1.410M	-$809.6K
YoY Change	91.28%	22.61%	22.67%
Interest Expense	$16.22K	-$30.00K	$24.41K
YoY Change	-33.56%	200.0%
% of Operating Profit
Other Income/Expense, Net	-$24.83K		-$24.50K
YoY Change	1.38%
Pretax Income	-$1.573M	-$1.450M	-$834.1K
YoY Change	88.64%	-31.6%	26.38%
Income Tax	$0.00	-$80.00K	$0.00
% Of Pretax Income
Net Earnings	-$1.573M	-$1.360M	-$830.0K
YoY Change	89.57%	-37.33%	25.76%
Net Earnings / Revenue	-276.57%	-93.15%	-217.75%
Basic Earnings Per Share
Diluted Earnings Per Share	-$61.09K	-$67.26K	-$42.48K
COMMON SHARES
Basic Shares Outstanding	25.90M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2013 Q3	2012 Q4	2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.080M	$530.0K	$750.0K
YoY Change	44.0%	-57.26%	59.57%
Cash & Equivalents	$1.082M	$114.5K	$745.7K
Short-Term Investments		$420.0K
Other Short-Term Assets	$391.0K	$645.7K	$510.0K
YoY Change	-23.33%	617.48%	64.52%
Inventory	$208.1K	$123.0K	$110.0K
Prepaid Expenses
Receivables	$508.1K	$1.959M	$720.0K
Other Receivables	$0.00	$10.00K	$0.00
Total Short-Term Assets	$3.073M	$3.289M	$2.080M
YoY Change	47.75%	36.54%	8.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$451.2K	$517.0K	$611.1K
YoY Change	-26.17%	37.67%	97.13%
Goodwill	$841.0K	$841.0K
YoY Change		0.0%
Intangibles
YoY Change
Long-Term Investments		$10.00K
YoY Change		0.0%
Other Assets	$100.0K	$105.6K	$120.0K
YoY Change	-16.67%	-90.37%	100.0%
Total Long-Term Assets	$1.548M	$1.630M	$1.743M
YoY Change	-11.17%	10.72%	-30.02%
TOTAL ASSETS
Total Short-Term Assets	$3.073M	$3.289M	$2.080M
Total Long-Term Assets	$1.548M	$1.630M	$1.743M
Total Assets	$4.621M	$4.919M	$3.823M
YoY Change	20.89%	26.75%	-13.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.794M	$2.457M	$930.0K
YoY Change	92.87%	391.71%	342.86%
Accrued Expenses		$1.674M
YoY Change		325.36%
Deferred Revenue
YoY Change
Short-Term Debt	$87.00K	$802.1K	$650.0K
YoY Change	-86.62%	220.85%	51.16%
Long-Term Debt Due	$190.0K	-$75.71K
YoY Change		-857.07%
Total Short-Term Liabilities	$2.166M	$3.671M	$1.820M
YoY Change	19.01%	156.39%	95.7%
LONG-TERM LIABILITIES
Long-Term Debt	$60.00K	$67.70K	$0.00
YoY Change		576.95%	-100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$60.00K	$67.70K	$0.00
YoY Change		576.95%	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.166M	$3.671M	$1.820M
Total Long-Term Liabilities	$60.00K	$67.70K	$0.00
Total Liabilities	$2.230M	$3.739M	$1.820M
YoY Change	22.53%	159.22%	93.62%
SHAREHOLDERS EQUITY
Retained Earnings	-$19.34M	-$15.00M
YoY Change		34.43%
Common Stock	$21.76M	$16.20M
YoY Change		9002273.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.391M	$1.181M	$2.000M
YoY Change
Total Liabilities & Shareholders Equity	$4.621M	$4.919M	$3.820M
YoY Change	20.97%	26.75%	-13.18%

Cashflow Statement

Concept	2013 Q3	2012 Q4	2012 Q3
OPERATING ACTIVITIES
Net Income	-$1.573M	-$1.360M	-$830.0K
YoY Change	89.57%	-37.33%	25.76%
Depreciation, Depletion And Amortization	$60.00K	$40.00K	$60.00K
YoY Change	0.0%	-75.0%	50.0%
Cash From Operating Activities	-$930.0K	-$1.110M	-$200.0K
YoY Change	365.0%	428.57%	-68.25%
INVESTING ACTIVITIES
Capital Expenditures	-$20.00K	$50.00K	-$50.00K
YoY Change	-60.0%	-150.0%	25.0%
Acquisitions
YoY Change
Other Investing Activities		$0.00	$0.00
YoY Change
Cash From Investing Activities	-$20.00K	$50.00K	-$50.00K
YoY Change	-60.0%	-150.0%	25.0%
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	430.0K	680.0K
YoY Change	-13.24%	-33.85%	13.33%
NET CHANGE
Cash From Operating Activities	-930.0K	-1.110M	-200.0K
Cash From Investing Activities	-20.00K	50.00K	-50.00K
Cash From Financing Activities	590.0K	430.0K	680.0K
Net Change In Cash	-360.0K	-630.0K	430.0K
YoY Change	-183.72%	-285.29%	-714.29%
FREE CASH FLOW
Cash From Operating Activities	-$930.0K	-$1.110M	-$200.0K
Capital Expenditures	-$20.00K	$50.00K	-$50.00K
Free Cash Flow	-$910.0K	-$1.160M	-$150.0K
YoY Change	506.67%	954.55%	-74.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	us-gaap	Short Term Borrowings ShortTermBorrowings	87000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1082353	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	114462	USD
CY2013Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	883630	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	447206	USD
CY2013Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	508136	USD
CY2013Q3	us-gaap	Inventory Gross InventoryGross	208133	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	811591	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	34852	USD
CY2013Q3	us-gaap	Cost Of Revenue CostOfRevenue	471992	USD
CY2012Q3	us-gaap	Cost Of Revenue CostOfRevenue	322824	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2456788	USD
CY2012Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	336605	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-4221077	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1958799	USD
CY2013Q3	us-gaap	Inventory Net InventoryNet	208133	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	123021	USD
CY2013Q3	us-gaap	Other Assets Current OtherAssetsCurrent	391007	USD
CY2012Q4	us-gaap	Other Assets Current OtherAssetsCurrent	645728	USD
CY2013Q3	us-gaap	Assets Current AssetsCurrent	3073259	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	3289216	USD
CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	451211	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	516981	USD
CY2013Q3	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	151666	USD
CY2012Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	166666	USD
CY2013Q3	us-gaap	Goodwill Goodwill	841000	USD
CY2012Q4	us-gaap	Goodwill Goodwill	841000	USD
CY2013Q3	us-gaap	Other Assets OtherAssets	104026	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	105621	USD
CY2013Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	1096692	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	1113287	USD
CY2013Q3	us-gaap	Assets Assets	4621162	USD
CY2012Q4	us-gaap	Assets Assets	4919484	USD
CY2013Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	1793682	USD
CY2013Q3	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	100000	USD
CY2012Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	802122	USD
CY2013Q3	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	185338	USD
CY2012Q4	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	75707	USD
CY2013Q3	us-gaap	Liabilities Current LiabilitiesCurrent	2166020	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3671222	USD
CY2013Q3	us-gaap	Long Term Debt LongTermDebt	64542	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	67695	USD
CY2013Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q3	us-gaap	Common Stock Value CommonStockValue	262	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	204	USD
CY2013Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	21754820	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	16204068	USD
CY2013Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-24997	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-23629	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-19339485	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-15000076	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	2390600	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	1180567	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4621162	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4919484	USD
CY2013Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2013Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	5459501	USD
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	540150	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	0.27
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	1.63
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	160000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	244500	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	155000	shares
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4799012	shares
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3566628	shares
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	1.25
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.93
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	1.09
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
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 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	1.80
	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2	P8Y2M12D
	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
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y
	us-gaap	Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage	1	pure
CY2013Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	100000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-2477583	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	-1573469	USD
CY2013Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	25700296	shares
CY2012Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	19541679	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	24181281	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	15383548	shares
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.18
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.15
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8127581	shares
CY2013Q3	us-gaap	Revenues Revenues	568918	USD
CY2012Q3	us-gaap	Revenues Revenues	381173	USD
	us-gaap	Revenues Revenues	1978306	USD
	us-gaap	Revenues Revenues	2152492	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-1548637	USD
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-809609	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2431303	USD
CY2012Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	611109	USD
	ivda	Additions Non Current Assets AdditionsNonCurrentAssets	85208	USD
	ivda	Additions Non Current Assets AdditionsNonCurrentAssets	235589	USD
CY2012Q3	us-gaap	Inventory Gross InventoryGross	107576	USD
CY2012Q3	us-gaap	Assets Assets	3822607	USD
CY2013Q3	ivda	Equipment Sales EquipmentSales	409222	USD
CY2012Q3	ivda	Equipment Sales EquipmentSales	212531	USD
	ivda	Equipment Sales EquipmentSales	1467044	USD
	ivda	Equipment Sales EquipmentSales	1309495	USD
CY2013Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	149578	USD
CY2012Q3	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	162970	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	476410	USD
CY2013Q3	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	10118	USD
CY2012Q3	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	5672	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	31406	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1667665	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1729001	USD
CY2013Q3	us-gaap	Gross Profit GrossProfit	96926	USD
CY2012Q3	us-gaap	Gross Profit GrossProfit	58349	USD
	us-gaap	Gross Profit GrossProfit	310641	USD
	us-gaap	Gross Profit GrossProfit	423491	USD
CY2013Q3	us-gaap	Operating Expenses OperatingExpenses	1645563	USD
CY2012Q3	us-gaap	Operating Expenses OperatingExpenses	867958	USD
	us-gaap	Operating Expenses OperatingExpenses	4531718	USD
	us-gaap	Operating Expenses OperatingExpenses	2854794	USD
CY2013Q3	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-8611	USD
CY2012Q3	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-87	USD
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-9718	USD
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-87	USD
CY2013Q3	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	0	USD
CY2012Q3	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	0	USD
	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	44000	USD
	ivda	Loss From Conversion Of Debt LossFromConversionOfDebt	0	USD
CY2013Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	0	USD
CY2012Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	6	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	997	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	545	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	16221	USD
CY2012Q3	us-gaap	Interest Expense InterestExpense	24414	USD
	us-gaap	Interest Expense InterestExpense	65611	USD
CY2013Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-24832	USD
CY2012Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-24495	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-118332	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-46280	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1573469	USD
CY2012Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-834104	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4339409	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2477583	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Interest Expense InterestExpense	46738	USD
CY2012Q3	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
CY2013Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	1022	USD
CY2012Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	14660	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-7757	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	21486	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1572447	USD
CY2012Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-819444	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-4347166	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2456097	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	169164	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	181456	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	126813	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	96573	USD
	ivda	Common Shares Issued For Services CommonSharesIssuedForServices	222206	USD
	ivda	Common Shares Issued For Services CommonSharesIssuedForServices	110562	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1410678	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-245307	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	86424	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	24686	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-56312	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	243041	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-438889	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-113204	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2835549	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2224616	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	89897	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	387064	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-89897	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-387064	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	441724	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	46903	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	-586514	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	431662	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	244574	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-236605	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	352892	USD
	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	0	USD
	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	-35839	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	6987	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	8561	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4913216	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1797021	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3885960	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2490272	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	7377	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	16731	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	967891	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-104677	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	850364	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	745687	USD
	us-gaap	Interest Paid InterestPaid	66203	USD
	us-gaap	Interest Paid InterestPaid	46738	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;MARGIN: 0in 0in 0pt 0.75in" align="justify"><strong><u><font style="FONT-SIZE: 10pt"> Concentrations</font></u></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash and cash equivalents and trade accounts receivable.</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt">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 <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3</font> million. At times, amounts on deposit in Taiwan may be in excess of the CDIC insurance limit.</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt">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 three customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 59</font>% of total revenues for the nine months ended September 30, 2013, and approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 17</font>% of total accounts receivable at September 30, 2013.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	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;MARGIN: 0in 0in 0pt 0.75in" align="justify"><strong><u><font style="FONT-SIZE: 10pt"> Reclassification</font></u></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in" align="justify"><font style="FONT-SIZE: 10pt">Certain amounts in 2012 may have been reclassified to conform to the 2013 presentation.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013Q1	ivda	Gain Loss On Conversion Of Debt GainLossOnConversionOfDebt	16500	USD
CY2013Q2	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	50000	USD
CY2013Q2	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	1.00
CY2013Q2	ivda	Gain Loss On Conversion Of Debt GainLossOnConversionOfDebt	27500	USD
CY2013Q1	us-gaap	Extinguishment Of Debt Amount ExtinguishmentOfDebtAmount	45000	USD
CY2013Q1	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	15000	USD
CY2013Q1	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	30000	USD
CY2013Q1	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	1.00

Files In Submission

Name	View Source	Status
0001144204-13-061276-index-headers.html	Edgar Link	pending
0001144204-13-061276-index.html	Edgar Link	pending
0001144204-13-061276.txt	Edgar Link	pending
0001144204-13-061276-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ivda-20130930.xml	Edgar Link	completed
ivda-20130930.xsd	Edgar Link	pending
ivda-20130930_cal.xml	Edgar Link	unprocessable
ivda-20130930_def.xml	Edgar Link	unprocessable
ivda-20130930_lab.xml	Edgar Link	unprocessable
ivda-20130930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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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
v358979_10q.htm	Edgar Link	pending
v358979_ex31-1.htm	Edgar Link	pending
v358979_ex31-2.htm	Edgar Link	pending
v358979_ex32-1.htm	Edgar Link	pending
v358979_ex32-2.htm	Edgar Link	pending

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$IVDA
Iveda Solutions, Inc. Stock $ivda

2013 Q3 Form 10-Q Financial Statement

#000114420413061276 Filed on November 14, 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

#000114420413061276 Filed on November 14, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IVDA
Iveda Solutions, Inc. Stock $ivda