2015 Q3 Form 10-Q Financial Statement
#000114420415049256 Filed on August 14, 2015
Income Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q4 |
---|---|---|---|
Revenue | $823.4K | $775.6K | $970.0K |
YoY Change | 68.38% | 120.79% | -29.2% |
Cost Of Revenue | $633.9K | $634.9K | $690.0K |
YoY Change | 59.61% | 102.27% | -34.91% |
Gross Profit | $189.4K | $140.7K | $280.0K |
YoY Change | 106.28% | 276.26% | -9.68% |
Gross Profit Margin | 23.01% | 18.14% | 28.87% |
Selling, General & Admin | $1.250M | ||
YoY Change | -80.97% | ||
% of Gross Profit | 446.43% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $39.33K | $52.18K | $60.00K |
YoY Change | -34.45% | -13.04% | 20.0% |
% of Gross Profit | 20.76% | 37.08% | 21.43% |
Operating Expenses | $854.6K | $967.8K | $1.260M |
YoY Change | -29.96% | -36.79% | -38.54% |
Operating Profit | -$665.2K | -$827.1K | -$980.0K |
YoY Change | -41.05% | -44.63% | -43.68% |
Interest Expense | -$293.3K | $28.89K | -$150.0K |
YoY Change | -309.4% | -75.91% | -400.0% |
% of Operating Profit | |||
Other Income/Expense, Net | -$40.41K | ||
YoY Change | -48.97% | ||
Pretax Income | -$953.8K | -$867.5K | -$1.460M |
YoY Change | -20.6% | -44.85% | -42.29% |
Income Tax | -$120.00 | $12.85K | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$953.7K | -$880.3K | -$1.460M |
YoY Change | -20.62% | -44.59% | -40.65% |
Net Earnings / Revenue | -115.83% | -113.51% | -150.52% |
Basic Earnings Per Share | -$0.03 | ||
Diluted Earnings Per Share | -$34.45K | -$32.15K | -$53.46K |
COMMON SHARES | |||
Basic Shares Outstanding | 27.45M shares | 27.31M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q3 | 2015 Q2 | 2014 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $242.8K | $684.6K | $250.0K |
YoY Change | -13.29% | 2.17% | -55.36% |
Cash & Equivalents | $242.8K | $684.6K | $87.90K |
Short-Term Investments | $160.0K | ||
Other Short-Term Assets | $1.141M | $1.107M | $647.7K |
YoY Change | -32.49% | -13.54% | 301.61% |
Inventory | $350.0K | $420.8K | $387.9K |
Prepaid Expenses | |||
Receivables | $539.6K | $1.295M | $358.8K |
Other Receivables | $0.00 | $0.00 | $110.0K |
Total Short-Term Assets | $2.273M | $3.507M | $2.461M |
YoY Change | -16.72% | 18.89% | -4.81% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $331.1K | $365.7K | $532.5K |
YoY Change | -40.87% | -37.48% | 13.02% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $50.00K | ||
YoY Change | |||
Other Assets | $191.1K | $212.4K | $364.3K |
YoY Change | -52.23% | -48.18% | -23.41% |
Total Long-Term Assets | $633.9K | $694.8K | $1.023M |
YoY Change | -41.85% | -38.98% | -6.4% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.273M | $3.507M | $2.461M |
Total Long-Term Assets | $633.9K | $694.8K | $1.023M |
Total Assets | $2.907M | $4.202M | $3.485M |
YoY Change | -23.89% | 2.77% | -5.28% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.958M | $2.225M | $2.166M |
YoY Change | -9.79% | 6.44% | -8.16% |
Accrued Expenses | $970.0K | ||
YoY Change | -41.26% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $203.9K | $1.037M | $1.081M |
YoY Change | -78.98% | 125.37% | 1692.14% |
Long-Term Debt Due | $0.00 | $34.61K | |
YoY Change | -100.0% | -78.92% | |
Total Short-Term Liabilities | $3.020M | $3.761M | $3.968M |
YoY Change | -18.59% | 30.58% | 45.74% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Other Long-Term Liabilities | $558.2K | $463.1K | $270.0K |
YoY Change | 248.85% | 189.42% | 285.71% |
Total Long-Term Liabilities | $558.2K | $463.1K | $0.00 |
YoY Change | -84.32% | -86.66% | -100.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.020M | $3.761M | $3.968M |
Total Long-Term Liabilities | $558.2K | $463.1K | $0.00 |
Total Liabilities | $3.579M | $4.224M | $3.968M |
YoY Change | -50.78% | -33.59% | 28.54% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$27.49M | ||
YoY Change | 26.09% | ||
Common Stock | $30.02M | $27.26M | |
YoY Change | 21.95% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$671.3K | -$21.83K | -$756.4K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.907M | $4.202M | $3.485M |
YoY Change | -23.89% | 2.77% | -5.28% |
Cashflow Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$953.7K | -$880.3K | -$1.460M |
YoY Change | -20.62% | -44.59% | -40.65% |
Depreciation, Depletion And Amortization | $39.33K | $52.18K | $60.00K |
YoY Change | -34.45% | -13.04% | 20.0% |
Cash From Operating Activities | -$242.1K | -$1.147M | -$800.0K |
YoY Change | -75.79% | -33.31% | 3.9% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.400K | -$5.060K | -$20.00K |
YoY Change | -94.0% | -92.77% | -71.43% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $5.980K | $5.350K | |
YoY Change | |||
Cash From Investing Activities | $3.570K | $300.00 | -$30.00K |
YoY Change | -111.9% | -100.43% | -57.14% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -196.6K | 251.8K | 640.0K |
YoY Change | -131.2% | -83.76% | 93.94% |
NET CHANGE | |||
Cash From Operating Activities | -242.1K | -1.147M | -800.0K |
Cash From Investing Activities | 3.570K | 300.0 | -30.00K |
Cash From Financing Activities | -196.6K | 251.8K | 640.0K |
Net Change In Cash | -435.1K | -895.0K | -190.0K |
YoY Change | 8.77% | 272.9% | -62.75% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$242.1K | -$1.147M | -$800.0K |
Capital Expenditures | -$2.400K | -$5.060K | -$20.00K |
Free Cash Flow | -$239.7K | -$1.142M | -$780.0K |
YoY Change | -75.03% | -30.79% | 11.43% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
112009 | USD |
CY2015Q2 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
0 | USD |
CY2015Q2 | us-gaap |
Other Assets
OtherAssets
|
329110 | USD |
CY2014Q4 | us-gaap |
Other Assets
OtherAssets
|
490986 | USD |
CY2015Q2 | us-gaap |
Assets
Assets
|
4202020 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
3484874 | USD |
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2224650 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2166246 | USD |
CY2015Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
430000 | USD |
CY2014Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
575000 | USD |
CY2015Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1036713 | USD |
CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1080500 | USD |
CY2015Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
69418 | USD |
CY2014Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
34610 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1141218 | USD | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
402016 | USD | |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
145251 | USD | |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
302638 | USD | |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
14915 | USD | |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
21472 | USD | |
us-gaap |
Revenues
Revenues
|
1301384 | USD | |
us-gaap |
Revenues
Revenues
|
726126 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
993552 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
524401 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
307832 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
201725 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1675895 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2857089 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
9126 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
10709 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
42591 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
42001 | 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 |
Trading Symbol
TradingSymbol
|
IVDA | ||
CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
27451690 | shares |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3760781 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3968365 | USD |
CY2015Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
275 | USD |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
273 | USD |
CY2015Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
30017724 | USD |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
27261762 | USD |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-33519 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-35615 | USD |
CY2015Q2 | 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 |
CY2015Q2 | ivda |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
463072 | USD |
CY2014Q4 | ivda |
Dividends Payable Noncurrent
DividendsPayableNoncurrent
|
272901 | USD |
CY2015Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
726695 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
191705 | USD |
CY2015Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
1955 | USD |
CY2014Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
15720 | USD |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
775561 | USD |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
351262 | USD |
CY2015Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
634857 | USD |
CY2014Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
313867 | USD |
CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
140704 | USD |
CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
37395 | USD |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-827084 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1493689 | USD |
CY2015Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
4683 | USD |
CY2014Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
8475 | USD |
CY2015Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
5659 | USD |
CY2014Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
30401 | USD |
CY2015Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7594 | USD |
CY2014Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1874 | USD |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
28894 | USD |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
119949 | USD |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-40412 | USD |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-79199 | USD |
CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-867496 | USD |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1572888 | USD |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12853 | USD |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15879 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-880349 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1588767 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.03 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27380701 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26849456 | shares |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1531084 | USD |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
967788 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
13677 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1877 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
66925 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
175953 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-30985 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-121366 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2978455 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12853 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15879 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1719733 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2994334 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.11 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27344729 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26814103 | shares | |
us-gaap |
Operating Expenses
OperatingExpenses
|
3058814 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
1983727 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
565 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1834 | USD |
CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-879784 | USD |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1586933 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2096 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
33 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1717637 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2994301 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
109302 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
110952 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
13152 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
41227 | USD | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
42591 | USD | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
42001 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
84000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
195000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
924865 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
104288 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
30715 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
193606 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-93989 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-9821 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-46905 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-271636 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2437022 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3231777 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5055 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
214378 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
298 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-214378 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-461896 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-169834 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-68406 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
3479750 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8636 | USD | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-145000 | USD | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
88000 | USD | |
us-gaap |
Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
|
-35270 | USD | |
us-gaap |
Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
|
-85694 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
98978 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3031746 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3559587 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1632 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
439 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
596654 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
7869 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
113871 | USD | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
559729 | USD |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
673600 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3085 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3936 | USD | |
ivda |
Issuance Of Common Stock Warrants For Interest
IssuanceOfCommonStockWarrantsForInterest
|
14826 | USD | |
ivda |
Issuance Of Common Stock Warrants For Interest
IssuanceOfCommonStockWarrantsForInterest
|
0 | USD | |
ivda |
Inventory Valuation Allowance
InventoryValuationAllowance
|
1000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
2821482 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD | |
ivda |
Inventory Valuation Allowance
InventoryValuationAllowance
|
0 | USD | |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2015Q2 | 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 |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.03 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
291000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.77 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
161208 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.41 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6083019 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.01 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
6017894 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
1.02 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.77 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | ||
CY2015Q2 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
1.02 | |
CY2015Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
6017894 | shares |
CY2015Q2 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
1.01 | |
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P7Y | ||
CY2015Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
6083019 | shares |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | ||
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
|
0.1835 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0199 | pure | |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | ||
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
212444 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
364320 | USD |
CY2015Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-29454 | USD |
CY2014Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-29454 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
5353 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
0 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
1961 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2956 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
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: 0in 0in 0pt 0.5in"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt 0.25in" 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 us 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;TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 54.6pt"> <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;TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 54.6pt"> <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 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 two customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 31</font>% of total revenue for the six months ended June 30, 2015, and two customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 83</font>% of the total U.S.-based segment accounts receivable at June 30, 2015. Taiwan-based segment revenue from two customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 72</font>% of total revenue for the six months ended June 30, 2015, and two customers represented approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 51</font>% of total Taiwan-based segment accounts receivable at June 30, 2015.</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="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"> </div> <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 2014 may have been reclassified to conform to the 2015 presentation.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
584883 | USD |
CY2015Q2 | us-gaap |
Inventory Gross
InventoryGross
|
420823 | USD |
CY2014Q2 | us-gaap |
Inventory Gross
InventoryGross
|
525322 | USD |
CY2014Q2 | us-gaap |
Assets
Assets
|
4088646 | USD |
ivda |
Cash Cdic Insured Limit
CashCdicInsuredLimit
|
3000000 | TWD | |
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 | ||
ivda |
Warrants To Purchase Common Stock Value
WarrantsToPurchaseCommonStockValue
|
7883303 | USD | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
22127032 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11807271 | shares | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2015Q2 | 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 | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27451690 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27451690 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
27308357 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27308357 | shares |
us-gaap |
Interest Paid
InterestPaid
|
37422 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
18339 | USD | |
ivda |
Warrants Issued For Interest Expense
WarrantsIssuedForInterestExpense
|
7327 | USD | |
ivda |
Warrants Issued For Interest Expense
WarrantsIssuedForInterestExpense
|
0 | USD | |
ivda |
Common Stock Warrants Issued As Deferred Finance Costs
CommonStockWarrantsIssuedAsDeferredFinanceCosts
|
0 | USD | |
ivda |
Common Stock Warrants Issued As Deferred Finance Costs
CommonStockWarrantsIssuedAsDeferredFinanceCosts
|
13430 | USD | |
ivda |
Discount On Convertible Debt
DiscountOnConvertibleDebt
|
0 | USD | |
ivda |
Discount On Convertible Debt
DiscountOnConvertibleDebt
|
112784 | USD | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
0 | USD | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
126214 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
7500 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
0 | USD | |
CY2015Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
52178 | USD |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
915610 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1874424 | USD | |
us-gaap |
Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
|
-5055 | USD | |
us-gaap |
Property Plant And Equipment Gross Period Increase Decrease
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease
|
214378 | USD |