2015 Q1 Form 10-Q Financial Statement
#000114420415031315 Filed on May 15, 2015
Income Statement
| Concept | 2015 Q1 | 2014 Q4 | 2014 Q1 |
|---|---|---|---|
| Revenue | $525.8K | $970.0K | $374.9K |
| YoY Change | 40.27% | -29.2% | -39.07% |
| Cost Of Revenue | $360.0K | $690.0K | $210.5K |
| YoY Change | 70.99% | -34.91% | -62.73% |
| Gross Profit | $167.1K | $280.0K | $164.3K |
| YoY Change | 1.7% | -9.68% | 226.87% |
| Gross Profit Margin | 31.78% | 28.87% | 43.84% |
| Selling, General & Admin | $1.250M | ||
| YoY Change | -80.97% | ||
| % of Gross Profit | 446.43% | ||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $57.13K | $60.00K | $54.32K |
| YoY Change | 5.16% | 20.0% | -4.83% |
| % of Gross Profit | 34.18% | 21.43% | 33.06% |
| Operating Expenses | $1.016M | $1.260M | $1.528M |
| YoY Change | -33.5% | -38.54% | 20.19% |
| Operating Profit | -$848.8K | -$980.0K | -$1.363M |
| YoY Change | -37.74% | -43.68% | 11.68% |
| Interest Expense | $38.03K | -$150.0K | $56.00K |
| YoY Change | -32.09% | -400.0% | 199.01% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $9.427K | -$42.17K | |
| YoY Change | -122.36% | 19.05% | |
| Pretax Income | -$839.4K | -$1.460M | -$1.406M |
| YoY Change | -40.28% | -42.29% | 11.89% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | |||
| Net Earnings | -$839.4K | -$1.460M | -$1.406M |
| YoY Change | -40.28% | -40.65% | 11.89% |
| Net Earnings / Revenue | -159.63% | -150.52% | -374.95% |
| Basic Earnings Per Share | -$0.03 | -$0.05 | |
| Diluted Earnings Per Share | -$30.70K | -$53.46K | -$52.73K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 27.31M shares | 27.31M shares | 26.76M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q1 | 2014 Q4 | 2014 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.570M | $250.0K | $910.0K |
| YoY Change | 72.53% | -55.36% | -46.78% |
| Cash & Equivalents | $1.574M | $87.90K | $914.8K |
| Short-Term Investments | $160.0K | ||
| Other Short-Term Assets | $694.4K | $647.7K | $426.9K |
| YoY Change | 62.64% | 301.61% | -71.73% |
| Inventory | $469.2K | $387.9K | $394.4K |
| Prepaid Expenses | |||
| Receivables | $573.7K | $358.8K | $354.9K |
| Other Receivables | $0.00 | $110.0K | $0.00 |
| Total Short-Term Assets | $4.200M | $2.461M | $3.193M |
| YoY Change | 31.53% | -4.81% | -21.55% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $445.2K | $532.5K | $558.3K |
| YoY Change | -20.26% | 13.02% | 16.08% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $50.00K | ||
| YoY Change | |||
| Other Assets | $188.8K | $364.3K | $388.5K |
| YoY Change | -51.39% | -23.41% | 253.14% |
| Total Long-Term Assets | $755.7K | $1.023M | $1.088M |
| YoY Change | -30.57% | -6.4% | -31.44% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.200M | $2.461M | $3.193M |
| Total Long-Term Assets | $755.7K | $1.023M | $1.088M |
| Total Assets | $4.955M | $3.485M | $4.281M |
| YoY Change | 15.74% | -5.28% | -24.33% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.960M | $2.166M | $2.255M |
| YoY Change | -13.09% | -8.16% | 14.46% |
| Accrued Expenses | $970.0K | ||
| YoY Change | -41.26% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $1.114M | $1.081M | $522.5K |
| YoY Change | 113.15% | 1692.14% | 16.11% |
| Long-Term Debt Due | $10.00K | $34.61K | $140.0K |
| YoY Change | -92.86% | -78.92% | 100.0% |
| Total Short-Term Liabilities | $3.593M | $3.968M | $3.101M |
| YoY Change | 15.86% | 45.74% | 9.18% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $1.846M |
| YoY Change | -100.0% | -100.0% | 3592.44% |
| Other Long-Term Liabilities | $370.0K | $270.0K | $120.0K |
| YoY Change | 208.33% | 285.71% | |
| Total Long-Term Liabilities | $370.0K | $0.00 | $1.846M |
| YoY Change | -79.96% | -100.0% | 3592.44% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $3.593M | $3.968M | $3.101M |
| Total Long-Term Liabilities | $370.0K | $0.00 | $1.846M |
| Total Liabilities | $3.960M | $3.968M | $4.947M |
| YoY Change | -19.95% | 28.54% | 71.18% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$28.33M | -$27.49M | -$23.21M |
| YoY Change | 22.07% | 26.09% | |
| Common Stock | $29.85M | $27.26M | $22.46M |
| YoY Change | 32.93% | 21.95% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $994.6K | -$756.4K | -$783.9K |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $4.955M | $3.485M | $4.281M |
| YoY Change | 15.74% | -5.28% | -24.36% |
Cashflow Statement
| Concept | 2015 Q1 | 2014 Q4 | 2014 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$839.4K | -$1.460M | -$1.406M |
| YoY Change | -40.28% | -40.65% | 11.89% |
| Depreciation, Depletion And Amortization | $57.13K | $60.00K | $54.32K |
| YoY Change | 5.16% | 20.0% | -4.83% |
| Cash From Operating Activities | -$1.288M | -$800.0K | -$1.512M |
| YoY Change | -14.84% | 3.9% | 789.37% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $2.872K | -$20.00K | $137.1K |
| YoY Change | -97.91% | -71.43% | 723.3% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | |||
| YoY Change | |||
| Cash From Investing Activities | -$2.872K | -$30.00K | -$137.1K |
| YoY Change | -97.91% | -57.14% | 585.65% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $2.819M | $0.00 | |
| YoY Change | -100.0% | ||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | $2.775M | 640.0K | $2.009M |
| YoY Change | 38.11% | 93.94% | 12.89% |
| NET CHANGE | |||
| Cash From Operating Activities | -$1.288M | -800.0K | -$1.512M |
| Cash From Investing Activities | -$2.872K | -30.00K | -$137.1K |
| Cash From Financing Activities | $2.775M | 640.0K | $2.009M |
| Net Change In Cash | $1.485M | -190.0K | $360.3K |
| YoY Change | 312.05% | -62.75% | -77.34% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$1.288M | -$800.0K | -$1.512M |
| Capital Expenditures | $2.872K | -$20.00K | $137.1K |
| Free Cash Flow | -$1.290M | -$780.0K | -$1.649M |
| YoY Change | -21.75% | 11.43% | 783.48% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q1 | ivda |
Cash Cdic Insured Limit
CashCdicInsuredLimit
|
3000000 | TWD |
| CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5953227 | shares |
| CY2014Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
137129 | USD |
| CY2015Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
-2872 | USD |
| CY2014Q1 | us-gaap |
Inventory Gross
InventoryGross
|
394427 | USD |
| CY2014Q1 | us-gaap |
Assets
Assets
|
4281313 | USD |
| CY2015Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.5in; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif" align="justify"><strong><u><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Concentrations</u></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify">Financial instruments, which potentially subject us 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-INDENT: 0.7pt; MARGIN: 0pt 0px 0pt 54.6pt; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify">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.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.7pt; MARGIN: 0pt 0px 0pt 54.6pt; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify">Accounts receivable are unsecured, and we are at risk to the extent such amount becomes uncollectible. We perform periodic credit evaluations of our customers’ financial condition and generally do not require collateral. U.S.-based segment revenue from one customer represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 37</font>% of total revenue for the three months ended March 31, 2015, and three customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 89</font>% of the total U.S.-based segment accounts receivable at March 31, 2015. Taiwan-based segment revenue from one customer represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 76</font>% of total revenue for the three months ended March 31, 2015, and four customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 81</font>% of total Taiwan-based segment accounts receivable at March 31, 2015.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2015Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify"><strong><u>Reclassification</u></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.75in; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain amounts in 2014 may have been reclassified to conform to the 2015 presentation.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-756392 | USD |
| CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4955301 | USD |
| CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3484874 | USD |
| CY2015Q1 | us-gaap |
Revenues
Revenues
|
525821 | USD |
| CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-848814 | USD |
| CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
558331 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1573958 | USD |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
87900 | USD |
| CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
888385 | USD |
| CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
979095 | USD |
| CY2015Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
573715 | USD |
| CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
358804 | USD |
| CY2015Q1 | us-gaap |
Inventory Net
InventoryNet
|
469150 | USD |
| CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
387918 | USD |
| CY2015Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
694355 | USD |
| CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
647659 | USD |
| CY2015Q1 | us-gaap |
Assets Current
AssetsCurrent
|
4199563 | USD |
| CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2461376 | USD |
| CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
445235 | USD |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
532512 | USD |
| CY2015Q1 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
121666 | USD |
| CY2014Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
126666 | USD |
| CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
188837 | USD |
| CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
364320 | USD |
| CY2015Q1 | us-gaap |
Other Assets
OtherAssets
|
310503 | USD |
| CY2014Q4 | us-gaap |
Other Assets
OtherAssets
|
490986 | USD |
| CY2015Q1 | us-gaap |
Assets
Assets
|
4955301 | USD |
| CY2014Q4 | us-gaap |
Assets
Assets
|
3484874 | USD |
| CY2015Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1959738 | USD |
| CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2166246 | USD |
| CY2015Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
430000 | USD |
| CY2014Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
575000 | USD |
| CY2015Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1113768 | USD |
| CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1080500 | USD |
| CY2015Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
75077 | USD |
| CY2014Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
112009 | USD |
| CY2015Q1 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
14151 | USD |
| CY2014Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
34610 | USD |
| CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3592734 | USD |
| CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3968365 | USD |
| CY2015Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
273 | USD |
| CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
273 | USD |
| CY2015Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
29850591 | USD |
| CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
27261762 | USD |
| CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-34084 | USD |
| CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-35615 | USD |
| CY2015Q1 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
492194 | USD |
| CY2014Q4 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
492194 | USD |
| CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-28330045 | USD |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-27490658 | USD |
| CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
994581 | USD |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
271000 | shares |
| CY2015Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.16 | |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.03 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.77 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.09 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.98 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.99 | |
| CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
| CY2015Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
| CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
| CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27308357 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27308357 | shares |
| CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27308357 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27308357 | shares |
| CY2015Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
0.10 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
|
1.75 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
6106394 | shares |
| CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P7Y | |
| CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
0.98 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
6032519 | shares |
| CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
0.99 | |
| CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.1838 | pure |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0196 | pure |
| CY2015Q1 | ivda |
Warrants To Purchase Common Stock
WarrantsToPurchaseCommonStock
|
7946212 | shares |
| CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-839387 | USD |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26742623 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27308357 | shares |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
| CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10879308 | shares |
| CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
13706369 | shares |
| CY2014Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
210311 | USD |
| CY2015Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
414523 | USD |
| CY2015Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
98339 | USD |
| CY2014Q1 | us-gaap |
Revenues
Revenues
|
374864 | USD |
| CY2014Q1 | us-gaap |
Gross Profit
GrossProfit
|
164330 | USD |
| CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
167126 | USD |
| CY2014Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
2234 | USD |
| CY2015Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
4443 | USD |
| CY2014Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
11600 | USD |
| CY2015Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
36932 | USD |
| CY2014Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3 | USD |
| CY2015Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
6083 | USD |
| CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
56004 | USD |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
38031 | USD |
| CY2014Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-42167 | USD |
| CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
9427 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1405568 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-839387 | USD |
| CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1405568 | USD |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.03 | |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1801 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1531 | USD |
| CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1407369 | USD |
| CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-837856 | USD |
| CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
54324 | USD |
| CY2015Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
57125 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-880 | USD |
| CY2015Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
19236 | USD |
| CY2015Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
11600 | USD |
| CY2015Q1 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
36932 | USD |
| CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
96000 | USD |
| CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
62000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
38284 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
210479 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
66051 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
79604 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
135472 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
34018 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-23641 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-231689 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1511936 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1287567 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
137129 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2872 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-137129 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2872 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-42417 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-105255 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
2118141 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
16760 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
5635 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-70114 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-145000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
|
-22605 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
|
-20812 | USD |
| CY2014Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
64074 | USD |
| CY2015Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2818981 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2009400 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2775184 | USD |
| CY2014Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-5230 | USD |
| CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1313 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
355105 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1486058 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
559729 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
914834 | USD |
| CY2014Q1 | us-gaap |
Interest Paid
InterestPaid
|
32105 | USD |
| CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
37023 | USD |
| CY2014Q1 | ivda |
Discount On Convertible Debt
DiscountOnConvertibleDebt
|
51503 | USD |
| CY2015Q1 | ivda |
Discount On Convertible Debt
DiscountOnConvertibleDebt
|
0 | USD |
| CY2014Q1 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
55672 | USD |
| CY2015Q1 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
0 | USD |
| CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1527731 | USD |
| CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1015940 | USD |
| CY2015Q1 | ivda |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
367986 | USD |
| CY2014Q4 | ivda |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
272901 | USD |
| CY2015Q1 | ivda |
Total Price Of Cameras
TotalPriceOfCameras
|
1300000 | USD |
| CY2014Q4 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
3600000 | shares |
| CY2014Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
| CY2015Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3085 | USD |
| CY2014Q1 | ivda |
Issuance Of Common Stock Warrants For Interest
IssuanceOfCommonStockWarrantsForInterest
|
0 | USD |
| CY2015Q1 | ivda |
Issuance Of Common Stock Warrants For Interest
IssuanceOfCommonStockWarrantsForInterest
|
7327 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-14005 | USD |
| CY2014Q1 | ivda |
Warrants Issued For Interest Expense
WarrantsIssuedForInterestExpense
|
0 | USD |
| CY2015Q1 | ivda |
Warrants Issued For Interest Expense
WarrantsIssuedForInterestExpense
|
7327 | USD |
| CY2014Q1 | ivda |
Inventory Valuation Allowance
InventoryValuationAllowance
|
0 | USD |
| CY2015Q1 | ivda |
Inventory Valuation Allowance
InventoryValuationAllowance
|
1000 | USD |
