$KDOZF
KIDOZ INC.

2017 Q2 Form 10-Q Financial Statement

#000131848217000003 Filed on August 11, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $22.78K $77.82K
YoY Change -70.73% 678.21%
Cost Of Revenue $120.5K
YoY Change 0.42%
Gross Profit $22.78K -$42.68K
YoY Change -153.36% -61.2%
Gross Profit Margin 100.0% -54.85%
Selling, General & Admin $240.0K $310.0K
YoY Change -22.58% 19.23%
% of Gross Profit 1053.74%
Research & Development $196.8K $251.5K
YoY Change -21.75% -21.4%
% of Gross Profit 864.14%
Depreciation & Amortization $0.00 $120.0K
YoY Change -100.0% 0.0%
% of Gross Profit 0.0%
Operating Expenses $196.8K $251.5K
YoY Change -21.75% -56.63%
Operating Profit -$435.4K -$603.8K
YoY Change -27.89% -12.5%
Interest Expense -$20.00K -$20.00K
YoY Change 0.0% -166.67%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$439.0K -$621.0K
YoY Change -29.3% -2.97%
Income Tax -$9.00
% Of Pretax Income
Net Earnings -$439.0K -$621.0K
YoY Change -29.3% -2.97%
Net Earnings / Revenue -1927.65% -797.94%
Basic Earnings Per Share
Diluted Earnings Per Share -$7.321K -$10.79K
COMMON SHARES
Basic Shares Outstanding 60.10M
Diluted Shares Outstanding 60.10M 57.47M

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $250.0K $190.0K
YoY Change 31.58% -89.62%
Cash & Equivalents $254.0K
Short-Term Investments
Other Short-Term Assets $40.00K $860.0K
YoY Change -95.35% 8500.0%
Inventory
Prepaid Expenses $44.52K
Receivables $15.56K $40.00K
Other Receivables $0.00 $0.00
Total Short-Term Assets $314.1K $1.090M
YoY Change -71.19% -41.4%
LONG-TERM ASSETS
Property, Plant & Equipment $8.708K $10.00K
YoY Change -12.92% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $10.00K
YoY Change -100.0% 0.0%
Total Long-Term Assets $8.708K $260.0K
YoY Change -96.65% -64.86%
TOTAL ASSETS
Total Short-Term Assets $314.1K $1.090M
Total Long-Term Assets $8.708K $260.0K
Total Assets $322.8K $1.350M
YoY Change -76.09% -48.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.32K $50.00K
YoY Change -69.36% 25.0%
Accrued Expenses $74.20K $60.00K
YoY Change 23.66% -14.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $223.2K $140.0K
YoY Change 59.4% -6.67%
LONG-TERM LIABILITIES
Long-Term Debt $460.0K $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $460.0K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $223.2K $140.0K
Total Long-Term Liabilities $460.0K $0.00
Total Liabilities $681.3K $140.0K
YoY Change 386.61% -6.67%
SHAREHOLDERS EQUITY
Retained Earnings -$22.39M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$358.5K $1.210M
YoY Change
Total Liabilities & Shareholders Equity $322.8K $1.350M
YoY Change -76.09% -48.08%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$439.0K -$621.0K
YoY Change -29.3% -2.97%
Depreciation, Depletion And Amortization $0.00 $120.0K
YoY Change -100.0% 0.0%
Cash From Operating Activities -$560.0K -$1.480M
YoY Change -62.16% 252.38%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 780.0K 1.510M
YoY Change -48.34%
NET CHANGE
Cash From Operating Activities -560.0K -1.480M
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 780.0K 1.510M
Net Change In Cash 220.0K 30.00K
YoY Change 633.33% -107.14%
FREE CASH FLOW
Cash From Operating Activities -$560.0K -$1.480M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$560.0K -$1.480M
YoY Change -62.16% 252.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 sgldf Accumulated Development Costs
AccumulatedDevelopmentCosts
5346585
CY2016Q2 sgldf Accumulated Development Costs
AccumulatedDevelopmentCosts
4326553
CY2016Q4 sgldf Accumulated Development Costs
AccumulatedDevelopmentCosts
4935274
CY2015Q4 sgldf Accumulated Development Costs
AccumulatedDevelopmentCosts
3857636
CY2017Q1 sgldf Accumulated Development Costs
AccumulatedDevelopmentCosts
5149769
CY2016Q1 sgldf Accumulated Development Costs
AccumulatedDevelopmentCosts
4075019
CY2017Q2 sgldf Amounts Representation By Customer Who Accounted For Greater Than10 Of Total Accounts Receivable
AmountsRepresentationByCustomerWhoAccountedForGreaterThan10OfTotalAccountsReceivable
9602
CY2016Q4 sgldf Amounts Representation By Customer Who Accounted For Greater Than10 Of Total Accounts Receivable
AmountsRepresentationByCustomerWhoAccountedForGreaterThan10OfTotalAccountsReceivable
13300
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2017Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2016Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
sgldf Equity Portion Of Promissory Note
EquityPortionOfPromissoryNote
23461
sgldf Gain On Extinguishment And Reissuance Of Promissory Notes With Related Party
GainOnExtinguishmentAndReissuanceOfPromissoryNotesWithRelatedParty
94191
sgldf Interest On Convertible Debt Equity Portion
InterestOnConvertibleDebtEquityPortion
39911
sgldf Interest On Convertible Debt Equity Portion
InterestOnConvertibleDebtEquityPortion
CY2017Q2 sgldf Interest On Convertible Debt Equity Portion
InterestOnConvertibleDebtEquityPortion
21869
CY2016Q2 sgldf Interest On Convertible Debt Equity Portion
InterestOnConvertibleDebtEquityPortion
sgldf Non Cash Financing Activity Discount On Related Party Loans
NonCashFinancingActivityDiscountOnRelatedPartyLoans
23461
sgldf Non Cash Financing Activity Discount On Related Party Loans
NonCashFinancingActivityDiscountOnRelatedPartyLoans
sgldf Non Cash Financing Activity Extinguishment Of Promissory Notes
NonCashFinancingActivityExtinguishmentOfPromissoryNotes
94191
sgldf Non Cash Financing Activity Extinguishment Of Promissory Notes
NonCashFinancingActivityExtinguishmentOfPromissoryNotes
sgldf Noncash Investing Activity
NoncashInvestingActivity
0
sgldf Noncash Investing Activity
NoncashInvestingActivity
0
sgldf Warrants Issued In Connection With Common Stock Value Recorded As Derivative Liability
WarrantsIssuedInConnectionWithCommonStockValueRecordedAsDerivativeLiability
123284
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
15321
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3667
CY2017Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
43223
CY2016Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
44860
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15557
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17194
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
74196
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
87959
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
24580
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
24580
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
27666
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
27666
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27666
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27666
CY2017Q2 us-gaap Assets
Assets
322776
CY2016Q4 us-gaap Assets
Assets
129093
CY2017Q2 us-gaap Assets Current
AssetsCurrent
314068
CY2016Q4 us-gaap Assets Current
AssetsCurrent
110878
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
241007
CY2017Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
CY2016Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
120504
CY2017Q2 us-gaap Cash
Cash
253995
CY2016Q4 us-gaap Cash
Cash
60190
CY2015Q4 us-gaap Cash
Cash
570086
CY2016Q2 us-gaap Cash
Cash
187516
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
193805
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-382570
CY2017Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
217677
CY2016Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
62032097
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
59708318
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
62032097
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
59708318
CY2017Q2 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
22003367
CY2016Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
21223271
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-822989
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1254836
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-439042
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-620968
us-gaap Cost Of Goods Sold
CostOfGoodsSold
us-gaap Cost Of Goods Sold
CostOfGoodsSold
241007
CY2017Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
CY2016Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
120504
us-gaap Costs And Expenses
CostsAndExpenses
874322
us-gaap Costs And Expenses
CostsAndExpenses
1181886
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
458175
CY2016Q2 us-gaap Costs And Expenses
CostsAndExpenses
561089
CY2017Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
CY2017Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15289
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15017
CY2017Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15289
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15017
CY2017Q2 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
15289
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
15017
CY2017Q2 us-gaap Deposits Assets
DepositsAssets
CY2016Q4 us-gaap Deposits Assets
DepositsAssets
8067
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1650
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1000
CY2017Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
833
CY2016Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
500
CY2017Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
123283
CY2017Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
123284
CY2016Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
CY2017Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
10362
CY2016Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
5356
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Net Income Loss
NetIncomeLoss
-1254836
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4710
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-20433
CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3647
CY2016Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-17222
us-gaap Gross Profit
GrossProfit
56035
us-gaap Gross Profit
GrossProfit
-52627
CY2017Q2 us-gaap Gross Profit
GrossProfit
22776
CY2016Q2 us-gaap Gross Profit
GrossProfit
-42683
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-822989
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1254845
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-439042
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-620977
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9
us-gaap Income Taxes Paid
IncomeTaxesPaid
us-gaap Income Taxes Paid
IncomeTaxesPaid
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2897
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-41809
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1637
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7079
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
11022
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
847712
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
8067
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-653
us-gaap Interest And Other Income
InterestAndOtherIncome
8
us-gaap Interest And Other Income
InterestAndOtherIncome
101
CY2017Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
4
CY2016Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
17
us-gaap Interest Paid
InterestPaid
0
us-gaap Interest Paid
InterestPaid
0
CY2017Q2 us-gaap Liabilities
Liabilities
681256
CY2016Q4 us-gaap Liabilities
Liabilities
444680
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
322776
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
129093
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
223163
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
96982
CY2017Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
458093
CY2016Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
347698
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
973864
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1513354
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-210
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-779849
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1895924
us-gaap Net Income Loss
NetIncomeLoss
-822989
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-439042
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-620968
CY2017Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Officers Compensation
OfficersCompensation
1500
us-gaap Officers Compensation
OfficersCompensation
4000
CY2017Q2 us-gaap Officers Compensation
OfficersCompensation
500
CY2016Q2 us-gaap Officers Compensation
OfficersCompensation
2000
us-gaap Operating Income Loss
OperatingIncomeLoss
-818287
us-gaap Operating Income Loss
OperatingIncomeLoss
-1234513
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-435399
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-603772
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1437
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4614
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5628
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
121688
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
120604
CY2017Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
71089
CY2016Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
34410
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
210
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
CY2017Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
44516
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
33494
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
785728
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
1513354
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
188136
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8708
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10148
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
27666
CY2017Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
196816
CY2016Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
251534
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-22386427
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-21563438
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
411311
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
468917
us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25; TEXT-INDENT: -21.8pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">(c)&nbsp;&nbsp;&nbsp; Revenue recognition:</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Trophy Bingo and Garfield's Bingo revenues have been recognized from the sale of in-game purchases, net of platform fees, at the time of purchase by the player. The revenue from in-game advertising is recognized when advertising is served to the player.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Advertising revenues, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> generated in Trophy Bingo or Garfield's Bingo, have been recognized when collection of the amounts are reasonably assured.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Rooplay revenues have been recognized when collection of the subscriptions are reasonably assured and the provision of service has occurred.</div></div></div></div></div>
us-gaap Revenues
Revenues
56035
us-gaap Revenues
Revenues
188380
CY2017Q2 us-gaap Revenues
Revenues
22776
CY2016Q2 us-gaap Revenues
Revenues
77821
us-gaap Salaries And Wages
SalariesAndWages
218130
us-gaap Salaries And Wages
SalariesAndWages
219020
CY2017Q2 us-gaap Salaries And Wages
SalariesAndWages
116537
CY2016Q2 us-gaap Salaries And Wages
SalariesAndWages
105887
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
56035
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
188380
CY2017Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
22776
CY2016Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
77821
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
80132
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
368345
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
50531
CY2016Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
166758
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1010000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
940000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.42
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.42
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
785728
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
-315587
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
70000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1010000
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.42
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.42
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
-358480
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 35.7pt; LINE-HEIGHT: 1.25; TEXT-INDENT: -21.5pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">(b) &nbsp;&nbsp;&nbsp; Use of estimates:</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The preparation of consolidated financial statements in conformity with US GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and recognized revenues and expenses for the reporting periods. </div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Significant areas requiring the use of estimates include the valuation of long-lived assets, the collectibility of accounts receivable, the valuation of promissory notes and the estimated market rate of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15%</div> and the valuation of deferred tax assets.&nbsp; Actual results <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>differ significantly from these estimates.</div></div></div></div></div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59888058
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56829054
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60096795
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57474435
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
59888058
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
56829054
CY2017Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60096795
CY2016Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
57474435

Files In Submission

Name View Source Status
0001318482-17-000003-index-headers.html Edgar Link pending
0001318482-17-000003-index.html Edgar Link pending
0001318482-17-000003.txt Edgar Link pending
0001318482-17-000003-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx 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
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
sgldf-20170630.xml Edgar Link completed
sgldf-20170630.xsd Edgar Link pending
sgldf-20170630_cal.xml Edgar Link unprocessable
sgldf-20170630_def.xml Edgar Link unprocessable
sgldf-20170630_lab.xml Edgar Link unprocessable
sgldf-20170630_pre.xml Edgar Link unprocessable
sglq217.htm Edgar Link pending
Show.js Edgar Link pending