$MLRT
Metalert, Inc. Stock $mlrt

$mlrt Overview Financials Valuation SEC Filings Company Website

2012 Q4 Form 10-Q Financial Statement

#000156066412000008 Filed on November 19, 2012

Income Statement

Concept	2012 Q4	2012 Q3	2011 Q4
Revenue	$60.00K	$45.06K	$40.00K
YoY Change	50.0%	-87.75%	-60.0%
Cost Of Revenue	$30.00K	$23.90K	$30.00K
YoY Change	0.0%	-93.11%	-57.14%
Gross Profit	$20.00K	$21.16K	$10.00K
YoY Change	100.0%	-0.51%	-75.0%
Gross Profit Margin	33.33%	46.97%	25.0%
Selling, General & Admin	$130.0K	$290.0K	$310.0K
YoY Change	-58.06%	-23.68%	14.81%
% of Gross Profit	650.0%	1370.25%	3100.0%
Research & Development			$0.00
YoY Change
% of Gross Profit			0.0%
Depreciation & Amortization	$20.00K	$20.00K	$50.00K
YoY Change	-60.0%	-60.0%	0.0%
% of Gross Profit	100.0%	94.5%	500.0%
Operating Expenses	$140.0K	$289.6K	$310.0K
YoY Change	-54.84%	-25.01%	14.81%
Operating Profit	-$120.0K	-$268.5K	-$300.0K
YoY Change	-60.0%	-26.43%	30.43%
Interest Expense	-$10.00K	$0.00	$0.00
YoY Change		-100.0%
% of Operating Profit
Other Income/Expense, Net		-$2.250K
YoY Change		-141.55%
Pretax Income	-$220.0K	-$270.0K	-$300.0K
YoY Change	-26.67%	-25.0%	25.0%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$220.0K	-$270.7K	-$300.0K
YoY Change	-26.67%	-24.7%	25.0%
Net Earnings / Revenue	-366.67%	-600.8%	-750.0%
Basic Earnings Per Share
Diluted Earnings Per Share	-$193.0K	-$254.7K	-$315.8K
COMMON SHARES
Basic Shares Outstanding	85.40M shares	79.31M shares	69.66M
Diluted Shares Outstanding

Balance Sheet

Concept	2012 Q4	2012 Q3	2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$30.00K	$10.00K	$90.00K
YoY Change	-66.67%	-50.0%	28.57%
Cash & Equivalents	$30.65K	$14.69K	$91.64K
Short-Term Investments
Other Short-Term Assets	$8.113K	$14.96K	$6.653K
YoY Change	21.94%	-48.92%	-53.21%
Inventory	$1.557K	$1.955K	$145.0K
Prepaid Expenses
Receivables	$10.00K	$20.00K	$129.8K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$46.39K	$54.75K	$373.1K
YoY Change	-87.57%	-82.79%	156.87%
LONG-TERM ASSETS
Property, Plant & Equipment	$108.6K	$132.0K	$299.2K
YoY Change	-63.69%	-50.6%	-18.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$25.97K	$25.97K
YoY Change		136.71%	136.71%
Total Long-Term Assets	$134.6K	$158.0K	$325.2K
YoY Change	-58.61%	-43.21%	-13.79%
TOTAL ASSETS
Total Short-Term Assets	$46.39K	$54.75K	$373.1K
Total Long-Term Assets	$134.6K	$158.0K	$325.2K
Total Assets	$181.0K	$212.7K	$698.3K
YoY Change	-74.08%	-64.33%	33.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$390.0K	$360.0K	$120.0K
YoY Change	225.0%	176.92%	-20.0%
Deferred Revenue
YoY Change
Short-Term Debt	$30.00K	$30.00K	$0.00
YoY Change			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$710.1K	$630.4K	$563.3K
YoY Change	26.07%	62.89%	17.18%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$563.3K
YoY Change	-100.0%		17.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$710.1K	$630.4K	$563.3K
Total Long-Term Liabilities	$0.00	$0.00	$563.3K
Total Liabilities	$710.1K	$630.4K	$563.3K
YoY Change	26.07%	62.89%	17.18%
SHAREHOLDERS EQUITY
Retained Earnings	-$13.93M	-$13.71M	-$12.71M
YoY Change	9.58%	10.49%	13.04%
Common Stock	$85.40K	$81.66K	$12.85M
YoY Change	-99.34%	-99.35%	13.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$529.1K	-$417.7K	$135.0K
YoY Change
Total Liabilities & Shareholders Equity	$181.0K	$212.7K	$698.3K
YoY Change	-74.08%	-64.33%	33.65%

Cashflow Statement

Concept	2012 Q4	2012 Q3	2011 Q4
OPERATING ACTIVITIES
Net Income	-$220.0K	-$270.7K	-$300.0K
YoY Change	-26.67%	-24.7%	25.0%
Depreciation, Depletion And Amortization	$20.00K	$20.00K	$50.00K
YoY Change	-60.0%	-60.0%	0.0%
Cash From Operating Activities	-$10.00K	$0.00	-$30.00K
YoY Change	-66.67%	-100.0%	-70.0%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00	-$30.00K
YoY Change	-100.0%	-100.0%	-25.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	$0.00	-$30.00K
YoY Change	-100.0%	-100.0%	-25.0%
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	10.00K	120.0K
YoY Change	-75.0%		-33.33%
NET CHANGE
Cash From Operating Activities	-10.00K	0.000	-30.00K
Cash From Investing Activities	0.000	0.000	-30.00K
Cash From Financing Activities	30.00K	10.00K	120.0K
Net Change In Cash	20.00K	10.00K	60.00K
YoY Change	-66.67%	-103.23%	50.0%
FREE CASH FLOW
Cash From Operating Activities	-$10.00K	$0.00	-$30.00K
Capital Expenditures	$0.00	$0.00	-$30.00K
Free Cash Flow	-$10.00K	$0.00	$0.00
YoY Change	54975581388799960.0%	-100.0%	-100.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Registrant Name EntityRegistrantName	GTX Corp
	dei	Entity Central Index Key EntityCentralIndexKey	0001375793
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2012-09-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Amendment Description AmendmentDescription	XBRL inclusion
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
CY2012Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	85401372	shares
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	91639	usd
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	66488	usd
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14686	usd
CY2011Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	22075	usd
CY2011Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	129836	usd
CY2012Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	23153	usd
CY2011Q4	us-gaap	Inventory Net InventoryNet	144950	usd
CY2012Q3	us-gaap	Inventory Net InventoryNet	1955	usd
CY2011Q4	us-gaap	Other Assets Current OtherAssetsCurrent	6653	usd
CY2012Q3	us-gaap	Other Assets Current OtherAssetsCurrent	14955	usd
CY2011Q4	us-gaap	Assets Current AssetsCurrent	373078	usd
CY2012Q3	us-gaap	Assets Current AssetsCurrent	54749	usd
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	299225	usd
CY2012Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	131989	usd
CY2011Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25972	usd
CY2012Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25972	usd
CY2011Q4	us-gaap	Assets Assets	698275	usd
CY2012Q3	us-gaap	Assets Assets	212710	usd
CY2011Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	269915	usd
CY2012Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	211508	usd
CY2011Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	121820	usd
CY2012Q3	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	357970	usd
CY2011Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	171543	usd
CY2012Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	30806	usd
CY2011Q4	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings		usd
CY2012Q3	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	30125	usd
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	563278	usd
CY2012Q3	us-gaap	Liabilities Current LiabilitiesCurrent	630409	usd
CY2011Q4	us-gaap	Liabilities Liabilities	563278	usd
CY2012Q3	us-gaap	Liabilities Liabilities	630409	usd
CY2011Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
	us-gaap	Gross Profit GrossProfit	92504	usd
	us-gaap	Gross Profit GrossProfit	52948	usd
CY2012Q3	GTXO	Salaries And Professional Fees SalariesAndProfessionalFees	248424	usd
CY2011Q3	GTXO	Salaries And Professional Fees SalariesAndProfessionalFees	322757	usd
	GTXO	Salaries And Professional Fees SalariesAndProfessionalFees	1042071	usd
	GTXO	Salaries And Professional Fees SalariesAndProfessionalFees	808174	usd
CY2012Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	41222	usd
CY2011Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	63469	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	207455	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	253420	usd
CY2012Q3	us-gaap	Operating Expenses OperatingExpenses	289646	usd
CY2012Q3	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	72689	usd
CY2012Q3	us-gaap	Common Stock Value CommonStockValue	81660	usd
CY2011Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	12775754	usd
CY2012Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	13212983	usd
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-12713446	usd
CY2012Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-13712342	usd
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	134997	usd
CY2012Q3	us-gaap	Stockholders Equity StockholdersEquity	-417699	usd
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	698275	usd
CY2012Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	212710	usd
CY2012Q3	us-gaap	Revenues Revenues	45062	usd
CY2011Q3	us-gaap	Revenues Revenues	367960	usd
	us-gaap	Revenues Revenues	622528	usd
	us-gaap	Revenues Revenues	309922	usd
CY2012Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	23898	usd
CY2011Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	346688	usd
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	530024	usd
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	256974	usd
CY2012Q3	us-gaap	Gross Profit GrossProfit	21164	usd
CY2011Q3	us-gaap	Gross Profit GrossProfit	21272	usd
CY2011Q3	us-gaap	Operating Expenses OperatingExpenses	386226	usd
	us-gaap	Operating Expenses OperatingExpenses	1249526	usd
	us-gaap	Operating Expenses OperatingExpenses	1061594	usd
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-268482	usd
CY2011Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-364954	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1157022	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1008646	usd
	GTXO	Finance Costs FinanceCosts		usd
	GTXO	Finance Costs FinanceCosts	4500	usd
CY2012Q3	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement		usd
CY2011Q3	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement		usd
	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement		usd
	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	16250	usd
	us-gaap	Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss		usd
	us-gaap	Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss	103000	usd
	GTXO	Discount On Loan Payable DiscountOnLoanPayable	10000	usd
CY2012Q3	us-gaap	Derivative Instruments Gain Loss Recognized In Income Net DerivativeInstrumentsGainLossRecognizedInIncomeNet		usd
CY2011Q3	us-gaap	Derivative Instruments Gain Loss Recognized In Income Net DerivativeInstrumentsGainLossRecognizedInIncomeNet	13898	usd
	us-gaap	Derivative Instruments Gain Loss Recognized In Income Net DerivativeInstrumentsGainLossRecognizedInIncomeNet	74340	usd
	us-gaap	Derivative Instruments Gain Loss Recognized In Income Net DerivativeInstrumentsGainLossRecognizedInIncomeNet		usd
CY2012Q3	GTXO	Gain On Conversion Of Debt GainOnConversionOfDebt		usd
CY2011Q3	GTXO	Gain On Conversion Of Debt GainOnConversionOfDebt		usd
	GTXO	Gain On Conversion Of Debt GainOnConversionOfDebt	9552	usd
	GTXO	Gain On Conversion Of Debt GainOnConversionOfDebt		usd
CY2012Q3	us-gaap	Interest Expense InterestExpense		usd
CY2011Q3	us-gaap	Interest Expense InterestExpense	8483	usd
	us-gaap	Interest Expense InterestExpense	90673	usd
	us-gaap	Interest Expense InterestExpense		usd
CY2012Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2250	usd
CY2011Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5415	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6781	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9750	usd
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	-270732	usd
CY2011Q3	us-gaap	Net Income Loss NetIncomeLoss	-359539	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1163803	usd
	us-gaap	Net Income Loss NetIncomeLoss	-998896	usd
CY2012Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	79312901	shares
CY2011Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65724129	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57396718	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	76876882	shares
CY2012Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
CY2011Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
	us-gaap	Depreciation Depreciation	147597	usd
	us-gaap	Depreciation Depreciation	78785	usd
	GTXO	Discount On Loan Payable DiscountOnLoanPayable		usd
	us-gaap	Share Based Compensation ShareBasedCompensation	429970	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	277816	usd
	us-gaap	Extinguishment Of Debt Gain Loss Net Of Tax ExtinguishmentOfDebtGainLossNetOfTax	-9552	usd
	us-gaap	Extinguishment Of Debt Gain Loss Net Of Tax ExtinguishmentOfDebtGainLossNetOfTax		usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	24051	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
	GTXO	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	-14500	usd
	GTXO	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability		usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-182828	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	106683	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	33051	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	142995	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-15058	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-7927	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	25082	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-26158	usd
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	99032	usd
	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	236150	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-23267	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-140737	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	39450	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14549	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-39450	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14549	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit		usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	15625	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	10000	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	10000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	625262	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	152010	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	635262	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	177635	usd
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-44413	usd
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-76953	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
	us-gaap	Interest Paid InterestPaid		usd
	us-gaap	Interest Paid InterestPaid		usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	61548	usd
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1		usd
	GTXO	Issuance Of Common Stock For Accrued Wages IssuanceOfCommonStockForAccruedWages	120000	usd
	GTXO	Issuance Of Common Stock For Accrued Wages IssuanceOfCommonStockForAccruedWages	16000	usd
	GTXO	Issuance Of Common Stock For Conversion Of Notes Payable IssuanceOfCommonStockForConversionOfNotesPayable	97000	usd
	GTXO	Issuance Of Common Stock For Conversion Of Notes Payable IssuanceOfCommonStockForConversionOfNotesPayable		usd
CY2012Q3	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	20125	usd
CY2012Q2	GTXO	Shares Under Registration Statement SharesUnderRegistrationStatement	15000000	shares
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-640225	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-240039	usd
CY2012Q3	GTXO	Line Of Credit Costs LineOfCreditCosts	2250	usd
CY2011Q3	GTXO	Line Of Credit Costs LineOfCreditCosts		usd
	GTXO	Line Of Credit Costs LineOfCreditCosts		usd
	GTXO	Line Of Credit Costs LineOfCreditCosts	6500	usd
	GTXO	Stock Granted During Period Shares StockGrantedDuringPeriodShares	6856250	shares
CY2012Q1	GTXO	Stock Granted During Period Value StockGrantedDuringPeriodValue	42000	usd
CY2012Q2	GTXO	Stock Granted During Period Value StockGrantedDuringPeriodValue	42500	usd
CY2012Q2	GTXO	Stock Granted During Period Value StockGrantedDuringPeriodValue	35000	usd
CY2012Q3	GTXO	Stock Granted During Period Value StockGrantedDuringPeriodValue	14000	usd
CY2012Q3	GTXO	Stock Granted During Period Value StockGrantedDuringPeriodValue	40000	usd
CY2008Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	7000000	shares
CY2012Q3	GTXO	Warrants Outstanding At.40 Exercise Price WarrantsOutstandingAt.40ExercisePrice	1271000	shares
CY2012Q3	GTXO	Warrants Outstanding At.08 Exercise Price WarrantsOutstandingAt.08ExercisePrice	5720000	shares
CY2012Q3	GTXO	Total Warrants Outstanding TotalWarrantsOutstanding	8991000	shares
CY2012Q3	GTXO	Remaining Life Of Warrants At.40 Exercise Price RemainingLifeOfWarrantsAt.40ExercisePrice	P0Y6M
CY2012Q3	GTXO	Remaining Life Of Warrants At.08 Exercise Price RemainingLifeOfWarrantsAt.08ExercisePrice	P1Y4M
CY2012Q3	GTXO	Remaining Life Of Total Warrants RemainingLifeOfTotalWarrants	P1Y7M
CY2012Q3	GTXO	Warrants Exercisable At.40 Exercise Price WarrantsExercisableAt.40ExercisePrice	1271000	shares
CY2012Q3	GTXO	Warrants Exercisable At.08 Exercise Price WarrantsExercisableAt.08ExercisePrice	5720000	shares
CY2012Q3	GTXO	Warrants Exercisable Total WarrantsExercisableTotal	8991000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	450000	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	-554587	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.08
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	0.44
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	0.21
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	2146001	shares
CY2011Q4	GTXO	Accrued Wages AccruedWages	121820	usd
CY2012Q3	GTXO	Accrued Wages AccruedWages	357970	usd
CY2012Q2	us-gaap	Contractual Obligation ContractualObligation	5000000	usd
CY2012Q2	GTXO	Contractual Share Obligation ContractualShareObligation	15000000	shares
CY2011Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2012Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2011Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2012Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2011Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2011Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2012Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2071000000	shares
CY2012Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2071000000	shares
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	72688980	shares
CY2012Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	81660727	shares
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	72688980	shares
CY2012Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	81660727	shares
	us-gaap	Nature Of Operations NatureOfOperations	<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">GTX Corp and its subsidiaries (the Company or GTX) are engaged in businesses that design, develop and sell various interrelated and complementary products and services in the Personal Location Services marketplace. GTX owns 100% of the issued and outstanding capital stock of Global Trek Xploration (GTX California), LOCiMOBILE, Inc., <font style="color: black">and Code Amber News Service, Inc. (CANS). </font>GTX California focuses on hardware and software design and development of products and services by offering a Global Positioning System (GPS) and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets or high valued assets through a miniaturized transceiver module, wireless connectivity gateway, middleware and viewing portal. LOCiMOBILE, Inc. has developed and owns LOCiMobile<sup>TM</sup>, a suite of mobile tracking application<font style="color: #1F497D">s</font> that turn the iPhone, Android, BlackBerry and other GPS enabled handsets into a tracking device which can then be tracked from handset to handset or through our Location Data Center tracking portal and which allows the user to send a map to the recipients phone showing the users location. <font style="color: black">CANS is a U.S. and Canadian syndicator of all state Amber Alerts providing website tickers and news feeds to merchants, internet service providers, affiliate partners, corporate sponsors and local, state and federal agencies, as well as,</font> marketing and selling the patent pending electronic medical Code Amber Alertag.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying unaudited consolidated financial statements of GTX have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and applicable regulations of the U.S. Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been omitted pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair statement of financial position and results of operations have been included. Our operating results for the three and nine months ended September 30, 2012 are not necessarily indicative of the results that may be expected for the year ending December 31, 2012. The accompanying unaudited consolidated financial statements should be read in conjunction with our audited consolidated financial statements for the year ended December 31, 2011, which are included in our Annual Report on Form 10-K, and the risk factors contained therein.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="margin: 0">The consolidated financial statements reflect the accounts of GTX Corp and its wholly owned subsidiaries; Global Trek Xploration, LOCiMOBILE, Inc. and Code Amber News Service, Inc. All significant inter-company balances and transactions have been eliminated in consolidation.</p>
CY2012Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	55000	usd
	us-gaap	Line Of Credit Facility Frequency Of Payments LineOfCreditFacilityFrequencyOfPayments	30
CY2012Q2	GTXO	Price Per Share Of Line Of Credit Shares PricePerShareOfLineOfCreditShares	0.04	shares
CY2012Q2	GTXO	Line Of Credit Administrative Fee LineOfCreditAdministrativeFee	2000	usd
CY2012Q2	GTXO	Line Of Credit Collateral Shares LineOfCreditCollateralShares	640645	shares
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	30000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	14375	usd
	us-gaap	Line Of Credit Facility Covenant Terms LineOfCreditFacilityCovenantTerms	25000
	GTXO	Gps Tracking Devices Sold To Aetrex GpsTrackingDevicesSoldToAetrex	4500
CY2012Q1	GTXO	Gps Tracking Devices Sold To Aetrex GpsTrackingDevicesSoldToAetrex	1500
	GTXO	Revenue Generated From Gps Devices Sold To Aetrex RevenueGeneratedFromGpsDevicesSoldToAetrex	158000	usd
	GTXO	Percent Of Revenues Generated From Sale Of Gps Devices To Aetrex PercentOfRevenuesGeneratedFromSaleOfGpsDevicesToAetrex	0.51	pure
	GTXO	Average Monthly Revenue From Service Plan On Gps Shoes AverageMonthlyRevenueFromServicePlanOnGpsShoes	32	usd
	GTXO	Term Of Warranty On Gps Devices TermOfWarrantyOnGpsDevices	P1Y
CY2012Q3	us-gaap	Loans Payable Current LoansPayableCurrent	10000	usd
CY2012Q3	GTXO	Amount Payable To Aetrex For Gps Shoes And Monthly Service Plan AmountPayableToAetrexForGpsShoesAndMonthlyServicePlan	8500	usd
CY2012Q1	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	600000	shares
CY2012Q2	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	531250	shares
CY2012Q2	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	875000	shares
CY2012Q3	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	700000	shares
CY2012Q3	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	2000000	shares
CY2012Q2	us-gaap	Share Price SharePrice	0.04
CY2012Q1	us-gaap	Share Price SharePrice	.07
CY2012Q2	us-gaap	Share Price SharePrice	.08
CY2012Q2	us-gaap	Share Price SharePrice	0.04
CY2012Q3	us-gaap	Share Price SharePrice	.02
CY2012Q2	GTXO	Shares Granted With Repurchase Rights SharesGrantedWithRepurchaseRights	1500000	shares
	GTXO	Stock Based Compensation For Shares With Repurchase Rights StockBasedCompensationForSharesWithRepurchaseRights	60000	usd
CY2012Q2	GTXO	Stock Issued For Accrued Wages StockIssuedForAccruedWages	400000	shares
CY2012Q2	GTXO	Value Of Stock Issued For Accrued Wages ValueOfStockIssuedForAccruedWages	16000	usd
CY2012Q2	GTXO	Stock Issued For Line Agreement StockIssuedForLineAgreement	250000	shares
CY2012Q2	GTXO	Value Of Stock Issued With Line Agreement ValueOfStockIssuedWithLineAgreement	10000	usd
CY2012Q3	GTXO	Warrant Granted To Consultant WarrantGrantedToConsultant	2000000	shares
CY2012Q3	GTXO	Per Share Exercise Price For Warrant To Consultant PerShareExercisePriceForWarrantToConsultant	0.02
CY2012Q3	GTXO	Value Of Warrant To Consultant ValueOfWarrantToConsultant	29000	usd
CY2012Q3	GTXO	Value Of Shares And Warrant Issued To Consultant ValueOfSharesAndWarrantIssuedToConsultant	69000	usd
	GTXO	Stock Granted During Period Shares Dutchess StockGrantedDuringPeriodSharesDutchess	2115497	shares
	GTXO	Stock Granted During Period Weighted Average Price Dutchess StockGrantedDuringPeriodWeightedAveragePriceDutchess	.072
	GTXO	Stock Granted During Period Value Dutchess StockGrantedDuringPeriodValueDutchess	152010	usd
CY2012Q3	GTXO	Shares Available Under Equity Line SharesAvailableUnderEquityLine	640645	shares
	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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.</p>
	us-gaap	Reclassifications Reclassifications	<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For comparability, certain prior period amounts have been reclassified, where appropriate, to conform to the financial statement presentation used in 2012.</p>
CY2012Q3	GTXO	Payable To Aetrex PayableToAetrex	8500	usd
CY2009	us-gaap	Loss Contingency Allegations LossContingencyAllegations	16250
CY2012Q4	GTXO	Shares Issued Subsequent To Sept.302012 SharesIssuedSubsequentToSept.302012	3100000	shares
CY2012Q4	GTXO	Price Per Share Of Stock Issued Subsequent To Sept.302012 PricePerShareOfStockIssuedSubsequentToSept.302012	0.02
CY2012Q4	GTXO	Value Of Shares Issued Subsequent To Sept.302012 ValueOfSharesIssuedSubsequentToSept.302012	62000	usd
CY2012Q4	GTXO	Subsequent Shares Issued For Accrued Wages SubsequentSharesIssuedForAccruedWages	1000000	shares
CY2012Q4	GTXO	Value Of Subsequent Shares Issued ValueOfSubsequentSharesIssued	60000	usd
CY2012Q4	GTXO	Subsequent Shares Issued For Services SubsequentSharesIssuedForServices	100000	shares
CY2012Q4	GTXO	Value Of Subsequent Shares Issued For Services ValueOfSubsequentSharesIssuedForServices	2000	usd
CY2012Q4	GTXO	Shares Issued To Dutchess SharesIssuedToDutchess	640645	shares
CY2012Q4	GTXO	Price Per Share Of Stock Issued To Dutchess PricePerShareOfStockIssuedToDutchess	.022
CY2012Q4	GTXO	Value Of Shares Issued To Dutchess ValueOfSharesIssuedToDutchess	14000	usd
CY2012Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	200000	usd
CY2012Q4	GTXO	Promissory Note Net Of Oid PromissoryNoteNetOfOid	180000	usd
CY2012Q4	GTXO	Initial Advance Amount InitialAdvanceAmount	25000	usd
CY2012Q3	GTXO	Warrants Outstanding At.02 Exercise Price WarrantsOutstandingAt.02ExercisePrice	2000000	shares
CY2012Q3	GTXO	Remaining Life Of Warrants.02 Exercise Price In Years RemainingLifeOfWarrants.02ExercisePriceInYears	P2Y11M15D
CY2012Q3	GTXO	Warrants Exerciseable02 Exercise Price WarrantsExerciseable02ExercisePrice	2000000	shares
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	2576578	shares
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	2471991	shares
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.34
CY2012Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.21
CY2012Q3	GTXO	Weighted Average Remaining Contractual Term Outstanding Options WeightedAverageRemainingContractualTermOutstandingOptions	P1Y0M1D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P0Y11M20D
	GTXO	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue	326317
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	228439
	GTXO	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageGrantDateFairValue	-112646	usd
	GTXO	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue	217140

Files In Submission

Name	View Source	Status
0001560664-12-000008-index-headers.html	Edgar Link	pending
0001560664-12-000008-index.html	Edgar Link	pending
0001560664-12-000008.txt	Edgar Link	pending
0001560664-12-000008-xbrl.zip	Edgar Link	pending
Financial_Report.xls	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
gtxo-20120930.xsd	Edgar Link	pending
gtxo_10q093012r.htm	Edgar Link	pending
gtxo_ex101.htm	Edgar Link	pending
gtxo_ex311.htm	Edgar Link	pending
gtxo_ex312.htm	Edgar Link	pending
gtxo_ex321.htm	Edgar Link	pending
gtxo_ex322.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
R3.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-20120930_cal.xml	Edgar Link	unprocessable
gtxo-20120930_def.xml	Edgar Link	unprocessable
gtxo-20120930_pre.xml	Edgar Link	unprocessable
gtxo-20120930_lab.xml	Edgar Link	unprocessable
gtxo-20120930.xml	Edgar Link	completed

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2012 Q4 Form 10-Q Financial Statement

#000156066412000008 Filed on November 19, 2012

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$MLRT
Metalert, Inc. Stock $mlrt