2015 Q4 Form 10-Q Financial Statement

#000149523115000067 Filed on November 16, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $6.260M $5.442M $1.932M
YoY Change 154.47% 181.75% 23.36%
Cost Of Revenue $3.590M $3.290M $692.2K
YoY Change 322.35% 375.35% 38.69%
Gross Profit $2.670M $2.152M $1.239M
YoY Change 64.81% 73.62% 16.19%
Gross Profit Margin 42.65% 39.54% 64.16%
Selling, General & Admin $4.990M $3.039M $2.802M
YoY Change 78.21% 8.44% 63.0%
% of Gross Profit 186.89% 141.2% 226.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $60.00K $230.0K $30.00K
YoY Change 50.0% 666.67% 50.0%
% of Gross Profit 2.25% 10.69% 2.42%
Operating Expenses $5.060M $3.039M $2.802M
YoY Change 81.36% 8.44% 63.0%
Operating Profit -$2.390M -$886.6K -$1.563M
YoY Change 104.27% -43.27% 139.52%
Interest Expense -$20.00K $31.19K $5.519K
YoY Change -100.9% 465.16% -61.78%
% of Operating Profit
Other Income/Expense, Net $0.00 -$1.759M $2.248M
YoY Change -178.22% -796.3%
Pretax Income -$2.410M -$2.650M $690.0K
YoY Change -331.73% -484.06% -170.41%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings -$2.410M -$2.645M $685.4K
YoY Change -331.73% -485.94% -170.27%
Net Earnings / Revenue -38.5% -48.6% 35.48%
Basic Earnings Per Share -$0.03 $0.01
Diluted Earnings Per Share -$473.5K -$0.03 $0.01
COMMON SHARES
Basic Shares Outstanding 104.0M shares 81.51M shares 57.35M shares
Diluted Shares Outstanding 81.51M shares 69.43M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.61M $13.27M $7.880M
YoY Change 78.07% 68.4% 374.7%
Cash & Equivalents $11.61M $13.27M $7.880M
Short-Term Investments
Other Short-Term Assets $16.85K $13.32K $150.9K
YoY Change -72.56% -91.17% 553.24%
Inventory
Prepaid Expenses $193.5K $745.4K $485.2K
Receivables $3.918M $3.048M $1.476M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $15.74M $17.08M $9.992M
YoY Change 76.22% 70.94% 234.06%
LONG-TERM ASSETS
Property, Plant & Equipment $596.0K $595.5K $275.9K
YoY Change 1.2% 115.84% 86.67%
Goodwill $2.468M $2.468M
YoY Change
Intangibles $1.806M $1.975M
YoY Change
Long-Term Investments
YoY Change
Other Assets $120.0K $120.0K $60.00K
YoY Change 20.0% 100.0% 500.0%
Total Long-Term Assets $5.802M $5.572M $807.6K
YoY Change 394.62% 589.87% 99.34%
TOTAL ASSETS
Total Short-Term Assets $15.74M $17.08M $9.992M
Total Long-Term Assets $5.802M $5.572M $807.6K
Total Assets $21.54M $22.65M $10.80M
YoY Change 113.19% 109.75% 217.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $995.3K $941.0K $642.7K
YoY Change 220.42% 46.42% -13.33%
Accrued Expenses $908.5K $1.151M $452.0K
YoY Change 130.23% 154.73% -4.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00K $20.00K $60.00K
YoY Change -80.0% -66.67% 50.0%
Total Short-Term Liabilities $6.355M $5.311M $2.291M
YoY Change 151.52% 131.84% -8.9%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $20.00K
YoY Change -100.0% -100.0% -33.33%
Other Long-Term Liabilities $1.000M $1.100M $5.500M
YoY Change -69.79% -80.0% 157.01%
Total Long-Term Liabilities $1.000M $1.100M $5.520M
YoY Change -69.88% -80.07% 154.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.355M $5.311M $2.291M
Total Long-Term Liabilities $1.000M $1.100M $5.520M
Total Liabilities $7.352M $6.407M $7.804M
YoY Change 25.81% -17.91% 66.59%
SHAREHOLDERS EQUITY
Retained Earnings -$34.25M -$31.84M -$23.98M
YoY Change 49.29% 32.79% -6.17%
Common Stock $522.00 $10.40K $5.750K
YoY Change 80.62% 80.87% 157.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.19M $16.24M $2.995M
YoY Change
Total Liabilities & Shareholders Equity $21.54M $22.65M $10.80M
YoY Change 113.19% 109.75% 217.99%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$2.410M -$2.645M $685.4K
YoY Change -331.73% -485.94% -170.27%
Depreciation, Depletion And Amortization $60.00K $230.0K $30.00K
YoY Change 50.0% 666.67% 50.0%
Cash From Operating Activities -$1.030M -$2.030M -$1.880M
YoY Change 9.57% 7.98% 189.23%
INVESTING ACTIVITIES
Capital Expenditures -$490.0K -$80.00K -$80.00K
YoY Change 40.0% 0.0% -46.67%
Acquisitions
YoY Change
Other Investing Activities -$160.0K $0.00 $0.00
YoY Change 300.0%
Cash From Investing Activities -$660.0K -$70.00K -$80.00K
YoY Change 65.0% -12.5% -50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 30.00K 12.84M 90.00K
YoY Change -250.0% 14166.67% -96.22%
NET CHANGE
Cash From Operating Activities -1.030M -2.030M -1.880M
Cash From Investing Activities -660.0K -70.00K -80.00K
Cash From Financing Activities 30.00K 12.84M 90.00K
Net Change In Cash -1.660M 10.74M -1.870M
YoY Change 22.06% -674.33% -219.11%
FREE CASH FLOW
Cash From Operating Activities -$1.030M -$2.030M -$1.880M
Capital Expenditures -$490.0K -$80.00K -$80.00K
Free Cash Flow -$540.0K -$1.950M -$1.800M
YoY Change -8.47% 8.33% 260.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001495231
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
104002308 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2015Q2 dei Entity Public Float
EntityPublicFloat
16510586 USD
dei Entity Registrant Name
EntityRegistrantName
IZEA, INC.
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014Q4 izea Acquisition Costs Payable Current
AcquisitionCostsPayableCurrent
0 USD
CY2014Q4 izea Acquisition Costs Payable Noncurrent
AcquisitionCostsPayableNoncurrent
0 USD
izea Acquisitioncostspaidthroughissuanceofcommonstock
Acquisitioncostspaidthroughissuanceofcommonstock
0 USD
izea Acquisitioncostspaidthroughissuanceofcommonstock
Acquisitioncostspaidthroughissuanceofcommonstock
250000 USD
izea Acquisitioncostspayableforassetsacquired
Acquisitioncostspayableforassetsacquired
0 USD
izea Acquisitioncostspayableforassetsacquired
Acquisitioncostspayableforassetsacquired
3942639 USD
izea Bad Debt Expense Percentageof Revenues
BadDebtExpensePercentageofRevenues
0.01
izea Bad Debt Expense Percentageof Revenues
BadDebtExpensePercentageofRevenues
0.01
izea Business Combination Measurement Period
BusinessCombinationMeasurementPeriod
P1Y
CY2014Q1 izea Classof Warrantor Right Expiration Period
ClassofWarrantorRightExpirationPeriod
P5Y
CY2015Q3 izea Classofwarrantorrightaverageexercisepriceofwarrantsorrights
Classofwarrantorrightaverageexercisepriceofwarrantsorrights
0.46
CY2015Q3 izea Classofwarrantorrightaverageexercisepriceofwarrantsorrights
Classofwarrantorrightaverageexercisepriceofwarrantsorrights
0.293
CY2015Q3 izea Classofwarrantorrightwarrantexercisetransactioncosts
Classofwarrantorrightwarrantexercisetransactioncosts
3972 USD
CY2014Q3 izea Entity Wide Revenue Number Of Major Customer
EntityWideRevenueNumberOfMajorCustomer
0 customer
izea Entity Wide Revenue Number Of Major Customer
EntityWideRevenueNumberOfMajorCustomer
1 customer
CY2015Q3 izea Entity Wide Revenue Number Of Major Customer
EntityWideRevenueNumberOfMajorCustomer
1 customer
izea Entity Wide Revenue Number Of Major Customer
EntityWideRevenueNumberOfMajorCustomer
1 customer
CY2015Q1 izea Fair Value Of Warrants Issued
FairValueOfWarrantsIssued
7700 USD
CY2015Q3 izea Fair Value Of Warrants Issued
FairValueOfWarrantsIssued
44250 USD
izea Fair Value Of Warrants Issued
FairValueOfWarrantsIssued
-51950 USD
izea Fairvalueassumptionsimulationtrialsvolatilityrate
Fairvalueassumptionsimulationtrialsvolatilityrate
0.35
izea Fairvalueassumptionsriskadjusteddiscount
Fairvalueassumptionsriskadjusteddiscount
0.085
izea Fairvalueofwarrantsreclassifiedfromliabilitytoequity
Fairvalueofwarrantsreclassifiedfromliabilitytoequity
3166482 USD
izea Fairvalueofwarrantsreclassifiedfromliabilitytoequity
Fairvalueofwarrantsreclassifiedfromliabilitytoequity
6530046 USD
CY2015Q3 izea Finitelivedintangibleassetsacquiredaccumulateddepreciation
Finitelivedintangibleassetsacquiredaccumulateddepreciation
395333 USD
CY2015Q3 izea Finitelivedintangibleassetsacquirednet
Finitelivedintangibleassetsacquirednet
1974667 USD
izea Gainonchangeinvalueofcontingentacquisitioncostspayable
Gainonchangeinvalueofcontingentacquisitioncostspayable
0 USD
izea Gainonchangeinvalueofcontingentacquisitioncostspayable
Gainonchangeinvalueofcontingentacquisitioncostspayable
-1734300 USD
CY2014Q3 izea Incremental Common Shares Attributableto Dilutive Effectfrom Converted Restricted Stock Units
IncrementalCommonSharesAttributabletoDilutiveEffectfromConvertedRestrictedStockUnits
1781503 shares
izea Incremental Common Shares Attributableto Dilutive Effectfrom Converted Restricted Stock Units
IncrementalCommonSharesAttributabletoDilutiveEffectfromConvertedRestrictedStockUnits
1742146 shares
CY2015Q3 izea Incremental Common Shares Attributableto Dilutive Effectfrom Converted Restricted Stock Units
IncrementalCommonSharesAttributabletoDilutiveEffectfromConvertedRestrictedStockUnits
0 shares
izea Incremental Common Shares Attributableto Dilutive Effectfrom Converted Restricted Stock Units
IncrementalCommonSharesAttributabletoDilutiveEffectfromConvertedRestrictedStockUnits
0 shares
CY2014Q3 izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrants
28953989 shares
izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrants
25746789 shares
CY2015Q3 izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrants
0 shares
izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrants
0 shares
CY2014Q3 izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants Options
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrantsOptions
8156507 shares
izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants Options
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrantsOptions
7706548 shares
CY2015Q3 izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants Options
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrantsOptions
0 shares
izea Incremental Common Shares Attributableto Dilutive Effectfrom Inthe Money Warrants Options
IncrementalCommonSharesAttributabletoDilutiveEffectfromIntheMoneyWarrantsOptions
0 shares
CY2014Q3 izea Loss On Exchange Of Warrants
LossOnExchangeOfWarrants
0 USD
izea Loss On Exchange Of Warrants
LossOnExchangeOfWarrants
0 USD
CY2015Q3 izea Loss On Exchange Of Warrants
LossOnExchangeOfWarrants
1845810 USD
izea Loss On Exchange Of Warrants
LossOnExchangeOfWarrants
1845810 USD
CY2015Q1 izea Networkofcontentcreators
Networkofcontentcreators
12000
CY2014Q4 izea Number Of Major Customers Accounting For More Than Ten Percent Of Accounts Receivables
NumberOfMajorCustomersAccountingForMoreThanTenPercentOfAccountsReceivables
2 customer
CY2015Q3 izea Number Of Major Customers Accounting For More Than Ten Percent Of Accounts Receivables
NumberOfMajorCustomersAccountingForMoreThanTenPercentOfAccountsReceivables
1 customer
CY2015Q1 izea Numberof Countries Illustratorsare Present
NumberofCountriesIllustratorsarePresent
73 countries
CY2015Q1 izea Numberof Fully Accredited Journalism Professionals
NumberofFullyAccreditedJournalismProfessionals
2000
CY2015Q3 izea Numberofsharesavailabletoberepurchasedatendofexercisepriceofferperiod
Numberofsharesavailabletoberepurchasedatendofexercisepriceofferperiod
10461863 shares
CY2015Q3 izea Numberofsharesavailabletoberepurchasedatendofexercisepriceofferperiod
Numberofsharesavailabletoberepurchasedatendofexercisepriceofferperiod
43800000 shares
izea Numberofsimulationtrials
Numberofsimulationtrials
100000
CY2014Q4 izea Percentage Of Accounts Receivable Accounted For By Major Customer
PercentageOfAccountsReceivableAccountedForByMajorCustomer
0.29
CY2011Q3 izea Percentageofindividualownershipofcommonstock
Percentageofindividualownershipofcommonstock
0.1
CY2015Q3 izea Percentageofwarrantsheldbeinvestorstoparticipateinwarrantexerciseoffer
Percentageofwarrantsheldbeinvestorstoparticipateinwarrantexerciseoffer
0.70
izea Proceedsfromissuanceofcommonstockpreferredstockandwarrants
Proceedsfromissuanceofcommonstockpreferredstockandwarrants
10932912 USD
izea Proceedsfromissuanceofcommonstockpreferredstockandwarrants
Proceedsfromissuanceofcommonstockpreferredstockandwarrants
0 USD
CY2014Q3 izea Share Based Compensation Arrangement By Share Based Payment Award Current Average Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardCurrentAverageExpectedForfeitureRate
0.0379
izea Share Based Compensation Arrangement By Share Based Payment Award Current Average Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardCurrentAverageExpectedForfeitureRate
0.0729
CY2015Q3 izea Share Based Compensation Arrangement By Share Based Payment Award Current Average Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardCurrentAverageExpectedForfeitureRate
0.1537
izea Share Based Compensation Arrangement By Share Based Payment Award Current Average Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardCurrentAverageExpectedForfeitureRate
0.1237
izea Stock Issued During Period Value Employee Stock Purchase Plans Subscription Revenue
StockIssuedDuringPeriodValueEmployeeStockPurchasePlansSubscriptionRevenue
29765 USD
izea Warrants Exercisedduringperiodvalue
WarrantsExercisedduringperiodvalue
12857085 USD
izea Warrants Issued In Financing Arrangement
WarrantsIssuedInFinancingArrangement
12382216 USD
izea Warrants Issued In Financing Arrangement
WarrantsIssuedInFinancingArrangement
51950 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
310611 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
940993 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2156378 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3048299 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
394617 USD
CY2015Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1151468 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
239521 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
389174 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
27195055 USD
CY2015Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
48077162 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
511202 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
31000 USD
CY2014Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1375 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7217 USD
CY2015Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5796 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6796 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
103529 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
481187 USD
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26834520 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22731680 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
47665667 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
62208019 shares
CY2014Q4 us-gaap Assets
Assets
10103440 USD
CY2015Q3 us-gaap Assets
Assets
22651631 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
8930336 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
17080090 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
41339 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2014Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
54376 USD
CY2015Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
15602 USD
CY2014Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
7291 USD
CY2015Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
0 USD
CY2014Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
85331 USD
CY2015Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
171185 USD
CY2014Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
483544 USD
CY2015Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
413365 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
530052 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7879918 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6521930 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13273048 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7349866 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
6751118 USD
CY2015Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.51
CY2015Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.51
CY2015Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
250000 shares
CY2015Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
100000 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
57697666 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
104002308 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
57697666 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
104002308 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
5770 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
10400 USD
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.10
CY2014Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
0 USD
CY2015Q3 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.14
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.14
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
692217 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1998406 USD
CY2015Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3290457 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
8649308 USD
CY2015Q3 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
10772 USD
CY2014Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
106531 USD
CY2015Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
107303 USD
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1767074 USD
CY2015Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2358895 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
65683 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
149873 USD
CY2014Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2250344 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5625555 USD
CY2015Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
115904 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2139540 USD
CY2014Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3203465 USD
CY2015Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
10780 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7178035 USD
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
5625555 USD
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-2139540 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
0 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
395333 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
34833 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
543583 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
418000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
418000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
426750 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
528834 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2370000 USD
us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P4Y
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
2370000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-16192 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-595 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1287048 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3600621 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1056473 USD
us-gaap Gross Profit
GrossProfit
3859540 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5081367 USD
CY2014Q4 us-gaap Goodwill
Goodwill
0 USD
CY2015Q3 us-gaap Goodwill
Goodwill
2468289 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
1239454 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
2152000 USD
us-gaap Gross Profit
GrossProfit
5556385 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-174386 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
87043 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-183968 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
611400 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
30326 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
726643 USD
us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-156156 USD
us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
557927 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
60508 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1644 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
454839 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
465191 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-11067 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-477 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
0 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1974667 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
5519 USD
us-gaap Interest Expense
InterestExpense
20587 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
31191 USD
us-gaap Interest Expense
InterestExpense
86354 USD
us-gaap Interest Paid
InterestPaid
11870 USD
us-gaap Interest Paid
InterestPaid
5805 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
147860 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
136592 USD
CY2014Q4 us-gaap Liabilities
Liabilities
5843965 USD
CY2015Q3 us-gaap Liabilities
Liabilities
6406709 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10103440 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22651631 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2526678 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
5310957 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10996110 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12840885 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-377570 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1051642 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3268674 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5038125 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
685370 USD
us-gaap Net Income Loss
NetIncomeLoss
2145194 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-2645087 USD
us-gaap Net Income Loss
NetIncomeLoss
-8901290 USD
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2248103 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5612645 USD
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1758526 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4066184 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
2802187 USD
us-gaap Operating Expenses
OperatingExpenses
7326991 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.42
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
295 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-4835106 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
61424 USD
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
3038561 USD
us-gaap Operating Expenses
OperatingExpenses
10391491 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1562733 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-3467451 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-886561 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
13317 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3278 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7677 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2571 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5520 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
905586 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
159974 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
145579 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
206529 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
0 USD
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
190604 USD
CY2015Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
745426 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
100 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
112800 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
300 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12886950 USD
CY2015Q3 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
12900000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
588919 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
595549 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
36000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
49602 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
46065 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-22941350 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-31842640 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1931671 USD
us-gaap Sales Revenue Net
SalesRevenueNet
5857946 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
5442457 USD
us-gaap Sales Revenue Net
SalesRevenueNet
14205693 USD
CY2014Q4 us-gaap Security Deposit
SecurityDeposit
100641 USD
CY2015Q3 us-gaap Security Deposit
SecurityDeposit
119671 USD
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1515139 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3726370 USD
CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1982088 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5310124 USD
us-gaap Share Based Compensation
ShareBasedCompensation
389002 USD
us-gaap Share Based Compensation
ShareBasedCompensation
511202 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
4259475 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
250000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
8700 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
22116926 shares
CY2015Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
16244922 USD
CY2014Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
26813749 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69428993 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63663192 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81512092 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65728626 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57350743 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50584635 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81512092 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65728626 shares
us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Advertising Costs</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Advertising costs are charged to expense as they are incurred, including payments to contact creators to promote the Company. Advertising expense charged to operations for the </font><font style="font-family:inherit;font-size:10pt;">three months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> were approximately </font><font style="font-family:inherit;font-size:10pt;">$199,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$347,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. Advertising expense charged to operations for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">nine months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> were approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$411,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$635,000</font><font style="font-family:inherit;font-size:10pt;">, respectively. Advertising costs are included in sales and marketing expense in the accompanying consolidated statements of operations.</font></div></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentrations of credit risk with respect to accounts receivable are typically limited because a large number of geographically diverse customers make up the Company&#8217;s customer base, thus spreading the trade credit risk. The Company also controls credit risk through credit approvals, credit limits and monitoring procedures. The Company performs credit evaluations of its customers but generally does not require collateral to support accounts receivable. At </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">one</font><font style="font-family:inherit;font-size:10pt;"> customer which accounted for </font><font style="font-family:inherit;font-size:10pt;">12%</font><font style="font-family:inherit;font-size:10pt;"> of total accounts receivable in the aggregate. At </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">two</font><font style="font-family:inherit;font-size:10pt;"> customers which accounted for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">29%</font><font style="font-family:inherit;font-size:10pt;"> of total accounts receivable in the aggregate. The Company had </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the </font><font style="font-family:inherit;font-size:10pt;">three months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customers that accounted for more than 10% of its revenue during the </font><font style="font-family:inherit;font-size:10pt;">three months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">. The Company had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the </font><font style="font-family:inherit;font-size:10pt;">nine months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">nine months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain items have been reclassified in the 2014 financial statements to conform to the 2015 presentation. The Company has reclassified wages and other expenses related to its sales and marketing personnel out of general and administrative expense and into sales and marketing expense.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name View Source Status
0001495231-15-000067-index-headers.html Edgar Link pending
0001495231-15-000067-index.html Edgar Link pending
0001495231-15-000067.txt Edgar Link pending
0001495231-15-000067-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
izea-20150930.xml Edgar Link completed
izea-20150930.xsd Edgar Link pending
izea-20150930_cal.xml Edgar Link unprocessable
izea-20150930_def.xml Edgar Link unprocessable
izea-20150930_lab.xml Edgar Link unprocessable
izea-20150930_pre.xml Edgar Link unprocessable
izea15093010q.htm Edgar Link pending
izea150930ex311.htm Edgar Link pending
izea150930ex312.htm Edgar Link pending
izea150930ex321.htm Edgar Link pending
izea150930ex322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending