$MLRT
Metalert, Inc. Stock $mlrt

$mlrt Overview Financials Valuation SEC Filings Company Website

2015 Q3 Form 10-Q Financial Statement

#000107878215001327 Filed on August 14, 2015

Income Statement

Concept	2015 Q3	2015 Q2	2014 Q2
Revenue	$121.3K	$127.9K	$34.09K
YoY Change	188.7%	275.1%	-31.77%
Cost Of Revenue	$91.83K	$93.85K	$15.99K
YoY Change	378.83%	487.03%	-18.62%
Gross Profit	$29.51K	$34.03K	$18.10K
YoY Change	29.12%	87.94%	-40.29%
Gross Profit Margin	24.32%	26.61%	53.1%
Selling, General & Admin	$390.0K	$330.0K	$260.0K
YoY Change	50.0%	26.92%	-3.7%
% of Gross Profit	1321.81%	969.88%	1436.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$0.00	$0.00	$10.00K
YoY Change		-100.0%	-50.0%
% of Gross Profit	0.0%	0.0%	55.24%
Operating Expenses	$391.7K	$325.4K	$260.8K
YoY Change	48.86%	24.76%	-1.85%
Operating Profit	-$362.1K	-$291.4K	-$242.7K
YoY Change	50.74%	20.05%	3.1%
Interest Expense	-$41.79K	$20.05K	-$6.050K
YoY Change	-325.66%	-431.37%	-317.78%
% of Operating Profit
Other Income/Expense, Net	$95.46K	$20.05K	$792.5K
YoY Change	-169.1%	-97.47%	-2232.28%
Pretax Income	-$270.0K	-$310.0K	$550.0K
YoY Change	-28.95%	-156.36%	-303.7%
Income Tax
% Of Pretax Income
Net Earnings	-$266.7K	-$311.4K	$549.8K
YoY Change	-29.52%	-156.65%	-301.68%
Net Earnings / Revenue	-219.79%	-243.55%	1612.68%
Basic Earnings Per Share
Diluted Earnings Per Share	-$61.78K	-$74.16K	$236.1K
COMMON SHARES
Basic Shares Outstanding	319.4M shares	311.0M shares	154.4M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q3	2015 Q2	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$10.00K	$60.00K	$20.00K
YoY Change	-50.0%	200.0%	-33.33%
Cash & Equivalents	$10.15K	$59.25K	$24.80K
Short-Term Investments
Other Short-Term Assets	$50.00K	$31.08K	$23.24K
YoY Change	70.2%	33.74%	-84.41%
Inventory	$60.00K	$124.9K	$1.349K
Prepaid Expenses
Receivables	$40.00K	$30.00K	$10.00K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$160.0K	$244.3K	$62.20K
YoY Change	114.58%	292.73%	-67.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$10.00K	$6.202K	$2.769K
YoY Change	414.14%	123.98%	-95.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$150.0K	$133.3K	$134.4K
YoY Change	12.32%	-0.78%	41.61%
TOTAL ASSETS
Total Short-Term Assets	$160.0K	$244.3K	$62.20K
Total Long-Term Assets	$150.0K	$133.3K	$134.4K
Total Assets	$310.0K	$377.6K	$196.6K
YoY Change	48.96%	92.09%	-31.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$360.0K	$330.0K	$320.0K
YoY Change	9.09%	3.13%	-15.79%
Deferred Revenue
YoY Change
Short-Term Debt	$400.0K	$630.0K	$150.0K
YoY Change	90.48%	320.0%	150.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.090M	$1.423M	$1.096M
YoY Change	-18.92%	29.81%	15.67%
LONG-TERM LIABILITIES
Long-Term Debt	$230.0K	$0.00	$310.0K
YoY Change	-25.81%	-100.0%
Other Long-Term Liabilities			$700.0K
YoY Change
Total Long-Term Liabilities	$230.0K	$0.00	$1.010M
YoY Change	-75.27%	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.090M	$1.423M	$1.096M
Total Long-Term Liabilities	$230.0K	$0.00	$1.010M
Total Liabilities	$1.310M	$1.423M	$2.110M
YoY Change	-42.42%	-32.57%	122.68%
SHAREHOLDERS EQUITY
Retained Earnings		-$17.86M	-$16.66M
YoY Change		7.2%	15.25%
Common Stock		$319.4K	$155.8K
YoY Change		104.98%	51.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$1.000M	-$1.045M	-$1.913M
YoY Change
Total Liabilities & Shareholders Equity	$310.0K	$377.6K	$196.6K
YoY Change	48.96%	92.09%	-31.94%

Cashflow Statement

Concept	2015 Q3	2015 Q2	2014 Q2
OPERATING ACTIVITIES
Net Income	-$266.7K	-$311.4K	$549.8K
YoY Change	-29.52%	-156.65%	-301.68%
Depreciation, Depletion And Amortization	$0.00	$0.00	$10.00K
YoY Change		-100.0%	-50.0%
Cash From Operating Activities	-$140.0K	-$160.0K	-$150.0K
YoY Change	75.0%	6.67%	150.0%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	$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	80.00K	200.0K	70.00K
YoY Change	14.29%	185.71%	-12.5%
NET CHANGE
Cash From Operating Activities	-140.0K	-160.0K	-150.0K
Cash From Investing Activities	0.000	0.000	0.000
Cash From Financing Activities	80.00K	200.0K	70.00K
Net Change In Cash	-60.00K	40.00K	-80.00K
YoY Change	500.0%	-150.0%	-500.0%
FREE CASH FLOW
Cash From Operating Activities	-$140.0K	-$160.0K	-$150.0K
Capital Expenditures	$0.00	$0.00	$0.00
Free Cash Flow	-$140.0K	-$160.0K	-$150.0K
YoY Change	75.0%	6.67%	150.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q2	us-gaap	Cash Cash	59246	usd
CY2014Q4	us-gaap	Cash Cash	12168	usd
CY2015Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	29087	usd
CY2014Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	31134	usd
CY2015Q2	us-gaap	Inventory Net InventoryNet	124850	usd
CY2014Q4	us-gaap	Inventory Net InventoryNet	100366	usd
CY2015Q2	us-gaap	Other Assets Current OtherAssetsCurrent	31079	usd
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	15559	usd
CY2015Q2	us-gaap	Assets Current AssetsCurrent	244262	usd
CY2014Q4	us-gaap	Assets Current AssetsCurrent	159227	usd
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6202	usd
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3120	usd
CY2015Q2	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	127121	usd
CY2014Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	121602	usd
CY2015Q2	us-gaap	Assets Assets	377585	usd
CY2014Q4	us-gaap	Assets Assets	283949	usd
CY2015Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	436377	usd
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	564821	usd
CY2015Q2	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	333150	usd
CY2014Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	328050	usd
CY2015Q2	us-gaap	Deferred Revenue DeferredRevenue	19110	usd
CY2014Q4	us-gaap	Deferred Revenue DeferredRevenue	77564	usd
CY2015Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	200000	usd
CY2014Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	0	usd
CY2015Q2	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	433971	usd
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
CY2014Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	371451	usd
CY2015Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	0	usd
CY2014Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	13490	usd
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1422608	usd
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1355376	usd
CY2015Q2	us-gaap	Liabilities Liabilities	1422608	usd
CY2014Q4	us-gaap	Liabilities Liabilities	1355376	usd
CY2015Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2015Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	319355	usd
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	264620	usd
CY2015Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	16498239	usd
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	15903308	usd
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-17862617	usd
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-17239355	usd
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	-1045023	usd
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	-1071427	usd
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	377585	usd
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	283949	usd
CY2015Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2071000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2071000000	shares
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	319356281	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	264620555	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	319356281	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	264620555	shares
CY2015Q2	us-gaap	Revenues Revenues	127874	usd
CY2014Q2	us-gaap	Revenues Revenues	34091	usd
	us-gaap	Revenues Revenues	272086	usd
	us-gaap	Revenues Revenues	54905	usd
CY2015Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	93849	usd
CY2014Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	15987	usd
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	196198	usd
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	25887	usd
CY2015Q2	us-gaap	Gross Profit GrossProfit	34025	usd
CY2014Q2	us-gaap	Gross Profit GrossProfit	18104	usd
	us-gaap	Gross Profit GrossProfit	75888	usd
	us-gaap	Gross Profit GrossProfit	29018	usd
CY2015Q2	us-gaap	Professional Fees ProfessionalFees	248106	usd
CY2014Q2	us-gaap	Professional Fees ProfessionalFees	199668	usd
	us-gaap	Professional Fees ProfessionalFees	509636	usd
	us-gaap	Professional Fees ProfessionalFees	415404	usd
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	77311	usd
CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	61162	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	133410	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	138177	usd
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	325417	usd
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	260830	usd
	us-gaap	Operating Expenses OperatingExpenses	643046	usd
	us-gaap	Operating Expenses OperatingExpenses	553581	usd
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-291392	usd
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-242726	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-567158	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-524563	usd
CY2015Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2014Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-68864	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-32058	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-238327	usd
CY2015Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	0	usd
CY2014Q2	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	867419	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	13490	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-449033	usd
CY2015Q2	us-gaap	Interest Expense InterestExpense	-20048	usd
CY2014Q2	us-gaap	Interest Expense InterestExpense	-6050	usd
	us-gaap	Interest Expense InterestExpense	-37536	usd
	us-gaap	Interest Expense InterestExpense	-15378	usd
CY2015Q2	us-gaap	Other Expenses OtherExpenses	-20048	usd
CY2014Q2	us-gaap	Other Expenses OtherExpenses	792505	usd
	us-gaap	Other Expenses OtherExpenses	-56104	usd
	us-gaap	Other Expenses OtherExpenses	-702738	usd
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	-311440	usd
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	549779	usd
	us-gaap	Net Income Loss NetIncomeLoss	-623262	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1227301	usd
CY2015Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	313601661	shares
CY2014Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	154355189	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	298157608	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	149651821	shares
CY2015Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
CY2014Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
	us-gaap	Profit Loss ProfitLoss	-623262	usd
	us-gaap	Profit Loss ProfitLoss	-1227301	usd
	us-gaap	Depreciation Depreciation	1731	usd
	us-gaap	Depreciation Depreciation	6398	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	195000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	91231	usd
	fil	Loss On Extinguishment Of Debt LossOnExtinguishmentOfDebt	32058	usd
	fil	Loss On Extinguishment Of Debt LossOnExtinguishmentOfDebt	238327	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	-13490	usd
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	449033	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	37520	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2047	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-10920	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-24484	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-583	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-21039	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-18692	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	94164	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	172852	usd
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	5100	usd
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	10650	usd
	us-gaap	Deferred Revenue Additions DeferredRevenueAdditions	-58454	usd
	us-gaap	Deferred Revenue Additions DeferredRevenueAdditions	10742	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-373109	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-278263	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-4813	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-1445	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4813	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1445	usd
	fil	Proceeds From Convertible Promissory Notes ProceedsFromConvertiblePromissoryNotes	425000	usd
	fil	Proceeds From Convertible Promissory Notes ProceedsFromConvertiblePromissoryNotes	243750	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	0	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	0	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	-4000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	425000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	239750	usd
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	47078	usd
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-39958	usd
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12168	usd
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	64754	usd
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	59246	usd
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24796	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
	us-gaap	Interest Paid InterestPaid	0	usd
	us-gaap	Interest Paid InterestPaid	0	usd
	fil	Issuance Of Common Stock For Other Current Asset IssuanceOfCommonStockForOtherCurrentAsset	0	usd
	fil	Issuance Of Common Stock For Other Current Asset IssuanceOfCommonStockForOtherCurrentAsset	750	usd
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	225232	usd
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	484279	usd
	fil	Issuance Of Debt For Intangible Assets IssuanceOfDebtForIntangibleAssets	0	usd
	fil	Issuance Of Debt For Intangible Assets IssuanceOfDebtForIntangibleAssets	43750	usd
	fil	Issuance Of Common Stock For Accrued Expenses IssuanceOfCommonStockForAccruedExpenses	229438	usd
	fil	Issuance Of Common Stock For Accrued Expenses IssuanceOfCommonStockForAccruedExpenses	51272	usd
	us-gaap	Use Of Estimates UseOfEstimates	<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><b><u><font lang="EN-US">Use of Estimates</font></u></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><font lang="EN-US">The preparation of the accompanying unaudited consolidated financial statements requires the use of estimates that affect the reported amounts of assets, liabilities, revenues, expenses and contingencies.  These estimates include, but are not limited to, estimates related to revenue recognition, allowance for doubtful accounts, inventory valuation, tangible and intangible long-term asset valuation, warranty and other obligations and commitments.  Estimates are updated on an ongoing basis and are evaluated based on historical experience and current circumstances.  Changes in facts and circumstances in the future may give rise to changes in these estimates which may cause actual results to differ from current estimates.</font></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'> </p>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<!--egx--><p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><b><u><font lang="EN-US">Reclassifications</font></u></b></p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'> </p> <p style='text-align:justify;margin:0cm 0cm 0pt;text-autospace:'><font lang="EN-US">For comparability, certain prior period amounts have been reclassified, where appropriate, to conform to the financial statement presentation used in 2015.  These reclassifications have no impact on net loss.</font></p>
CY2015Q2	fil	Total Short Term Borrowings TotalShortTermBorrowings	633971	usd
CY2014Q4	fil	Total Short Term Borrowings TotalShortTermBorrowings	371451	usd
CY2014Q4	fil	Short Term Derivative Liabilities ShortTermDerivativeLiabilities	13490	usd
CY2013Q3	fil	Atlantic Committed To Purchase A Convertible Promissory Note In The Original Principal Amount AtlanticCommittedToPurchaseAConvertiblePromissoryNoteInTheOriginalPrincipalAmount	200000	usd
	fil	The Company Has Incurred Net Losses TheCompanyHasIncurredNetLosses	623262	usd
	fil	The Company Has Incurred Net Losses TheCompanyHasIncurredNetLosses	1227301	usd
	fil	Accumulated Deficit Since Inception AccumulatedDeficitSinceInception	17862617	usd
	fil	Company Negative Working Capital CompanyNegativeWorkingCapital	1178346	usd
CY2015Q2	fil	Related Party Accured Wages RelatedPartyAccuredWages	333150	usd
CY2014Q4	fil	Related Party Accured Wages RelatedPartyAccuredWages	328050	usd
CY2014Q4	fil	Atlantic Note AtlanticNote	200000	usd
CY2015Q2	fil	Q42014 Convertible Notes Q42014ConvertibleNotes	471000	usd
CY2014Q4	fil	Q42014 Convertible Notes Q42014ConvertibleNotes	201000	usd
CY2015Q2	fil	Q22015 Convertible Notes Q22015ConvertibleNotes	200000	usd
CY2015Q2	fil	Total Short Term Convertible Notes TotalShortTermConvertibleNotes	671000	usd
CY2014Q4	fil	Total Short Term Convertible Notes TotalShortTermConvertibleNotes	401000	usd
CY2015Q2	fil	Less Debt Discount LessDebtDiscount	-37029	usd
CY2014Q4	fil	Less Debt Discount LessDebtDiscount	-29549	usd
CY2015Q2	fil	Short Term Convertible Notes Net Of Debt Discount ShortTermConvertibleNotesNetOfDebtDiscount	633971	usd
CY2014Q4	fil	Short Term Convertible Notes Net Of Debt Discount ShortTermConvertibleNotesNetOfDebtDiscount	371451	usd
CY2013Q3	fil	Accuring Interest Per Annum AccuringInterestPerAnnum	0.0600	pure
CY2013Q3	fil	Warrant Per Share Par Value WarrantPerShareParValue	0.001
CY2013Q3	fil	Entire Outstanding Principal Amount Of The Atlantic Note Plus The Accrued Interest EntireOutstandingPrincipalAmountOfTheAtlanticNotePlusTheAccruedInterest	0.1200	pure
CY2013Q3	fil	Principal Amount Of The Atlantic Note Is PrincipalAmountOfTheAtlanticNoteIs	200000	usd
CY2015Q1	fil	Atlantic Exercised Its Right To Convert The Note Into Percentage Of Company S Outstanding Shares AtlanticExercisedItsRightToConvertTheNoteIntoPercentageOfCompanySOutstandingShares	0.1200	pure
CY2015Q1	fil	Company Issued Share Of Common Stock CompanyIssuedShareOfCommonStock	22523226	shares
CY2015Q1	fil	Common Stock Valued Amount CommonStockValuedAmount	225232	usd
CY2015Q1	fil	Convertible Note Of Conversion Amount ConvertibleNoteOfConversionAmount	200000	usd
CY2015Q1	fil	Accured Interest Approximately AccuredInterestApproximately	13000	usd
CY2014Q4	fil	Company Entered Into10 Separate Note And Share Purchase Agreements With Number Of Independent Accredited Investors CompanyEnteredInto10SeparateNoteAndSharePurchaseAgreementsWithNumberOfIndependentAccreditedInvestors	10	pure
CY2014Q4	fil	Company Issued Ten Convertible Notes With A Total Principal Balance CompanyIssuedTenConvertibleNotesWithATotalPrincipalBalance	201000	usd
CY2014Q4	fil	Granted Shares Of Common Stock GrantedSharesOfCommonStock	1675000	shares
CY2014Q4	fil	Company Received Cash Proceeds CompanyReceivedCashProceeds	167500	usd
CY2014Q4	fil	Convertible Notes Carry An Original Issue Discount1 ConvertibleNotesCarryAnOriginalIssueDiscount1	0.1700	pure
CY2014Q4	fil	Convertible Into Common Stock Of The Company Per Share ConvertibleIntoCommonStockOfTheCompanyPerShare	0.015
CY2014Q4	fil	Stock Was Valued At The Fair Market Value StockWasValuedAtTheFairMarketValue	16750	usd
CY2014Q4	fil	Total Additional Shares Of The Company TotalAdditionalSharesOfTheCompany	1675000	shares
CY2015Q1	fil	Issued Convertible Notes With A Total Principal Balance Of IssuedConvertibleNotesWithATotalPrincipalBalanceOf	270000	usd
CY2015Q1	fil	Issued Share Of Common Stock Q120151 IssuedShareOfCommonStockQ120151	2250000	shares
CY2015Q1	fil	Stock Exchange Forcash Proceeds StockExchangeForcashProceeds	225000	usd
CY2015Q1	fil	The Q12015 Convertible Notes Carry An Original Issue Discount Of TheQ12015ConvertibleNotesCarryAnOriginalIssueDiscountOf	0.1700	pure
CY2015Q1	fil	Convertible Into Common Stock Of The Company Per Share Q120151 ConvertibleIntoCommonStockOfTheCompanyPerShareQ120151	0.015
CY2015Q1	fil	The Q12015 Stock Was Valued At The Fair Market Value TheQ12015StockWasValuedAtTheFairMarketValue	22500	usd
CY2015Q1	fil	Q12015 Stock A Total Of Additional Shares Of The Company Will Be Issued To The Investors Q12015StockATotalOfAdditionalSharesOfTheCompanyWillBeIssuedToTheInvestors	2250000	shares
CY2015Q2	fil	The Promissory Notes Are Divided Into Units Units Each In The Principal Amount ThePromissoryNotesAreDividedIntoUnitsUnitsEachInThePrincipalAmount	25000	usd
CY2015Q2	fil	The Promissory Notes Bear Interest At A Rate Per Annum ThePromissoryNotesBearInterestAtARatePerAnnum	0.1400	pure
CY2015Q2	fil	The Note Is Convertible Into Common Stock Of The Company At A Price Per Share TheNoteIsConvertibleIntoCommonStockOfTheCompanyAtAPricePerShare	0.015
CY2015Q2	fil	Investor Purchased Units For An Amount InvestorPurchasedUnitsForAnAmount	25000	usd
CY2015Q2	fil	Investor Purchased Units For An Amount InvestorPurchasedUnitsForAnAmount	50000	usd
CY2015Q2	fil	Investor Purchased Units For A Total Amount InvestorPurchasedUnitsForATotalAmount	50000	usd
CY2015Q2	fil	Investor Purchased Units For A Total Amount InvestorPurchasedUnitsForATotalAmount	150000	usd
CY2015Q2	fil	Total Value Of Units Purchased TotalValueOfUnitsPurchased	200000	usd
CY2015Q2	fil	The Plan Provides For The Issuance Of Maximum Shares ThePlanProvidesForTheIssuanceOfMaximumShares	7000000	shares
CY2015Q2	fil	Estimated Pre Vesting Forfeitures And Expired Options Approximately EstimatedPreVestingForfeituresAndExpiredOptionsApproximately	2235000	shares
CY2015Q2	fil	Shares Of Common Stock To A Investor In Connection With Of The Issuance Of The Q12015 SharesOfCommonStockToAInvestorInConnectionWithOfTheIssuanceOfTheQ12015	125000	shares
CY2015Q2	fil	Issued Shares Of Common Stock To Four Consultants For Services Rendered IssuedSharesOfCommonStockToFourConsultantsForServicesRendered	1100000	shares
CY2015Q2	fil	Value Of Shares Of Common Stock Issued To Four Consultants For Services Rendered ValueOfSharesOfCommonStockIssuedToFourConsultantsForServicesRendered	24000	usd
CY2015Q2	fil	Issued Shares Of Common Stock To An Employee For An Employment Bonus IssuedSharesOfCommonStockToAnEmployeeForAnEmploymentBonus	100000	shares
CY2015Q2	fil	Value Of Shares Of Common Stock Issued To An Employee For An Employment Bonus ValueOfSharesOfCommonStockIssuedToAnEmployeeForAnEmploymentBonus	1500	usd
CY2015Q2	fil	Issued Shares Of Common Stock To3 Employees For Accrued Salaries IssuedSharesOfCommonStockTo3EmployeesForAccruedSalaries	3062500	shares
CY2015Q2	fil	Value Of Shares Of Common Stock Issued To3 Employees For Accrued Salaries ValueOfSharesOfCommonStockIssuedTo3EmployeesForAccruedSalaries	45938	usd
CY2015Q2	fil	Issued Shares Of Common Stock To4 Brand Ambassadors IssuedSharesOfCommonStockTo4BrandAmbassadors	3000000	shares
CY2015Q2	fil	Value Of Shares Of Common Stock Issued To4 Brand Ambassadors ValueOfSharesOfCommonStockIssuedTo4BrandAmbassadors	45000	usd
CY2015Q2	fil	Issued Shares Of Common Stock Related To Software Development Costs IssuedSharesOfCommonStockRelatedToSoftwareDevelopmentCosts	500000	shares
CY2015Q2	fil	Value Of Shares Of Common Stock Issued Related To Software Development Costs ValueOfSharesOfCommonStockIssuedRelatedToSoftwareDevelopmentCosts	7500	usd
CY2015Q1	fil	On January72015 Shares Of Common Stock Issued To An Investment Consulting Firm For Services OnJanuary72015SharesOfCommonStockIssuedToAnInvestmentConsultingFirmForServices	4000000	shares
CY2015Q1	fil	Value Of Common Stock Issued To An Investment Consulting Firm For Services ValueOfCommonStockIssuedToAnInvestmentConsultingFirmForServices	96000	usd
CY2015Q1	fil	On February52015 Shares Of Common Stock To Investors In Connection With Of The Issuance Of The Q42014 Convertible Note OnFebruary52015SharesOfCommonStockToInvestorsInConnectionWithOfTheIssuanceOfTheQ42014ConvertibleNote	875000	shares
CY2015Q1	fil	On February52015 Issued A Total Of Shares Of Common Stock To Four Consultants For Services Rendered OnFebruary52015IssuedATotalOfSharesOfCommonStockToFourConsultantsForServicesRendered	5950000	shares
CY2015Q1	fil	Value Of Shares Of Common Stock To Four Consultants For Services Rendered ValueOfSharesOfCommonStockToFourConsultantsForServicesRendered	59500	usd
CY2015Q1	fil	On February92015 Total Of Shares Of Common Stock Issued OnFebruary92015TotalOfSharesOfCommonStockIssued	5250000	shares
CY2015Q1	fil	On February92015 Value Of Total Of Shares Of Common Stock Issued OnFebruary92015ValueOfTotalOfSharesOfCommonStockIssued	52500	usd
CY2015Q1	fil	On March32015 Atlantic Exercised Its Right To Convert The Atlantic Note Of An Amount OnMarch32015AtlanticExercisedItsRightToConvertTheAtlanticNoteOfAnAmount	200000	usd
CY2015Q1	fil	Company Issued Share Of Our Common Stock On Conversion CompanyIssuedShareOfOurCommonStockOnConversion	22523226	shares
CY2015Q1	fil	Value Of Shares Issued On Conversion ValueOfSharesIssuedOnConversion	225232	usd
CY2015Q1	fil	Accrued Interest Of Note Converted Approximately AccruedInterestOfNoteConvertedApproximately	13000	usd
CY2015Q1	fil	On March52015 Issued Shares Of Common Stock To Our Patent Attorney For Payment Of Accrued Expenditures OnMarch52015IssuedSharesOfCommonStockToOurPatentAttorneyForPaymentOfAccruedExpenditures	5000000	shares
CY2015Q1	fil	Value Of Shares Of Common Stock To Our Patent Attorney For Payment Of Accrued Expenditures ValueOfSharesOfCommonStockToOurPatentAttorneyForPaymentOfAccruedExpenditures	80000	usd
CY2015Q1	fil	Amount Of Accrued Expenditures Converted AmountOfAccruedExpendituresConverted	60000	usd
CY2015Q1	fil	On March142015 Issued Shares Of Common Stock And Recorded In Additional Paid In Capital As Finance Costs OnMarch142015IssuedSharesOfCommonStockAndRecordedInAdditionalPaidInCapitalAsFinanceCosts	1500000	shares
CY2015Q1	fil	Value Of Shares Recorded In Additional Paid In Capital As Finance Costs ValueOfSharesRecordedInAdditionalPaidInCapitalAsFinanceCosts	15000	usd
CY2015Q2	fil	Issue Of Unsecured Convertible Promissory Notes Divided Into Units Units Each In The Principal Amount IssueOfUnsecuredConvertiblePromissoryNotesDividedIntoUnitsUnitsEachInThePrincipalAmount	25000	usd
CY2015Q2	fil	The Promissory Notes Carry A Oid Percentage ThePromissoryNotesCarryAOidPercentage	0.2000	pure
CY2015Q2	fil	The Unsecured Convertible Promissory Notes Are Convertible Into Common Stock Of The Company At A Price Per Share TheUnsecuredConvertiblePromissoryNotesAreConvertibleIntoCommonStockOfTheCompanyAtAPricePerShare	0.015
CY2015Q3	fil	Investor Purchased A Unit For An Amount InvestorPurchasedAUnitForAnAmount	25000	usd
CY2015Q2	fil	Exercise Price Of Stock Warrants ExercisePriceOfStockWarrants	0.02
CY2015Q2	fil	Stock Warrants Outstanding StockWarrantsOutstanding	2000000	shares
CY2015Q2	fil	Stock Warrants Remaining Life Years StockWarrantsRemainingLifeYears	0.19	pure
CY2015Q2	fil	Stock Warrants Exercisable StockWarrantsExercisable	2000000	shares
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2015-06-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Registrant Name EntityRegistrantName	GTX CORP
	dei	Trading Symbol TradingSymbol	GTXO
	dei	Entity Central Index Key EntityCentralIndexKey	0001375793
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	319356281	shares
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2

Files In Submission

Name	View Source	Status
0001078782-15-001327-index-headers.html	Edgar Link	pending
0001078782-15-001327-index.html	Edgar Link	pending
0001078782-15-001327.txt	Edgar Link	pending
0001078782-15-001327-xbrl.zip	Edgar Link	pending
f10q063015_10q.htm	Edgar Link	pending
f10q063015_ex31z1.htm	Edgar Link	pending
f10q063015_ex31z2.htm	Edgar Link	pending
f10q063015_ex32z1.htm	Edgar Link	pending
f10q063015_ex32z2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
gtxo-20150630.xsd	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
R4.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
gtxo-20150630_cal.xml	Edgar Link	unprocessable
gtxo-20150630_def.xml	Edgar Link	unprocessable
gtxo-20150630_lab.xml	Edgar Link	unprocessable
gtxo-20150630_pre.xml	Edgar Link	unprocessable
gtxo-20150630.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable

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$MLRT
Metalert, Inc. Stock $mlrt

2015 Q3 Form 10-Q Financial Statement

#000107878215001327 Filed on August 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MLRT Metalert, Inc. Stock $mlrt

2015 Q3 Form 10-Q Financial Statement

#000107878215001327 Filed on August 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MLRT
Metalert, Inc. Stock $mlrt