2013 Q2 Form 10-Q Financial Statement
#000156066413000099 Filed on August 19, 2013
Income Statement
Concept | 2013 Q2 | 2012 Q2 |
---|---|---|
Revenue | $49.97K | $45.46K |
YoY Change | 9.91% | -61.58% |
Cost Of Revenue | $19.65K | $25.81K |
YoY Change | -23.89% | -69.71% |
Gross Profit | $30.32K | $19.65K |
YoY Change | 54.31% | -40.62% |
Gross Profit Margin | 60.68% | 43.22% |
Selling, General & Admin | $270.0K | $310.0K |
YoY Change | -12.9% | -20.51% |
% of Gross Profit | 890.47% | 1577.69% |
Research & Development | $0.00 | |
YoY Change | -100.0% | |
% of Gross Profit | 0.0% | |
Depreciation & Amortization | $20.00K | $10.00K |
YoY Change | 100.0% | -80.0% |
% of Gross Profit | 65.96% | 50.89% |
Operating Expenses | $265.8K | $416.3K |
YoY Change | -36.17% | 4.88% |
Operating Profit | -$235.4K | -$396.7K |
YoY Change | -40.65% | 9.02% |
Interest Expense | $2.778K | $0.00 |
YoY Change | -100.0% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$37.17K | $12.00K |
YoY Change | -409.73% | -58.97% |
Pretax Income | -$270.0K | -$380.0K |
YoY Change | -28.95% | 15.15% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$272.6K | -$384.7K |
YoY Change | -29.13% | 14.97% |
Net Earnings / Revenue | -545.57% | -846.16% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$209.3K | -$368.9K |
COMMON SHARES | ||
Basic Shares Outstanding | 96.88M shares | 77.33M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q2 | 2012 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $30.00K | $10.00K |
YoY Change | 200.0% | -97.06% |
Cash & Equivalents | $32.97K | $9.150K |
Short-Term Investments | ||
Other Short-Term Assets | $149.1K | $20.00K |
YoY Change | 645.29% | 2.54% |
Inventory | $758.00 | $0.00 |
Prepaid Expenses | ||
Receivables | $10.00K | $10.00K |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $193.9K | $40.00K |
YoY Change | 384.81% | -93.57% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $68.92K | $150.0K |
YoY Change | -54.06% | -48.16% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $94.89K | $180.0K |
YoY Change | -47.28% | -40.06% |
TOTAL ASSETS | ||
Total Short-Term Assets | $193.9K | $40.00K |
Total Long-Term Assets | $94.89K | $180.0K |
Total Assets | $288.8K | $220.0K |
YoY Change | 31.28% | -76.15% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | $380.0K | $240.0K |
YoY Change | 58.33% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $60.00K | $20.00K |
YoY Change | 200.0% | 100.0% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $947.4K | $460.0K |
YoY Change | 105.96% | -13.1% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $947.4K | $460.0K |
Total Long-Term Liabilities | $0.00 | $0.00 |
Total Liabilities | $947.4K | $460.0K |
YoY Change | 105.96% | -13.1% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$14.46M | |
YoY Change | ||
Common Stock | $102.9K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$658.6K | -$240.0K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $288.8K | $220.0K |
YoY Change | 31.28% | -76.15% |
Cashflow Statement
Concept | 2013 Q2 | 2012 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$272.6K | -$384.7K |
YoY Change | -29.13% | 14.97% |
Depreciation, Depletion And Amortization | $20.00K | $10.00K |
YoY Change | 100.0% | -80.0% |
Cash From Operating Activities | -$60.00K | -$110.0K |
YoY Change | -45.45% | -52.17% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | $0.00 |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | $0.00 | $0.00 |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 80.00K | 20.00K |
YoY Change | 300.0% | -96.23% |
NET CHANGE | ||
Cash From Operating Activities | -60.00K | -110.0K |
Cash From Investing Activities | 0.000 | 0.000 |
Cash From Financing Activities | 80.00K | 20.00K |
Net Change In Cash | 20.00K | -90.00K |
YoY Change | -122.22% | -131.03% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$60.00K | -$110.0K |
Capital Expenditures | $0.00 | $0.00 |
Free Cash Flow | -$60.00K | -$110.0K |
YoY Change | -45.45% | -50.0% |
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
|
2013-06-30 | ||
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 |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
104260827 | shares |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
32973 | usd |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30649 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
-721843 | shares | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
91639 | usd |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9150 | usd |
CY2013Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
11133 | usd |
CY2012Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
6069 | usd |
CY2013Q2 | us-gaap |
Inventory Net
InventoryNet
|
758 | usd |
CY2012Q4 | us-gaap |
Inventory Net
InventoryNet
|
1557 | usd |
CY2013Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
149058 | usd |
CY2012Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
8113 | usd |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
193922 | usd |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
46388 | usd |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
68916 | usd |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
108635 | usd |
CY2013Q2 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
25972 | usd |
CY2012Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
25972 | usd |
CY2013Q2 | us-gaap |
Assets
Assets
|
288810 | usd |
CY2012Q4 | us-gaap |
Assets
Assets
|
180995 | usd |
CY2013Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
398418 | usd |
CY2012Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
231633 | usd |
CY2013Q2 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
383921 | usd |
CY2012Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
392834 | usd |
CY2013Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
20848 | usd |
CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
28722 | usd |
CY2013Q2 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
9500 | usd |
CY2012Q4 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
23000 | usd |
CY2013Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
32500 | usd |
CY2012Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
0 | usd |
CY2013Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
16314 | usd |
CY2012Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
3541 | usd |
CY2013Q2 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
-85927 | usd |
CY2012Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
-30380 | usd |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
947428 | usd |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
710110 | usd |
CY2013Q2 | us-gaap |
Liabilities
Liabilities
|
947428 | usd |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
710110 | usd |
CY2013Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | usd |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
102911 | usd |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
85401 | usd |
CY2013Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
13697350 | usd |
CY2012Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
13316439 | usd |
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-14458879 | usd |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-13930955 | usd |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-658618 | usd |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-529115 | usd |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
288810 | usd |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
180995 | usd |
CY2013Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2071000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2071000000 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
102910727 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
85401372 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
102910727 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
85401372 | shares |
us-gaap |
Revenues
Revenues
|
95412 | usd | |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
49966 | usd |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
45461 | usd |
us-gaap |
Revenues
Revenues
|
264860 | usd | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
46532 | usd | |
CY2013Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
19645 | usd |
CY2012Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
25812 | usd |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
233076 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
48880 | usd | |
CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
30321 | usd |
CY2012Q2 | us-gaap |
Gross Profit
GrossProfit
|
19649 | usd |
us-gaap |
Gross Profit
GrossProfit
|
31784 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
498971 | usd | |
CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
265754 | usd |
CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
416323 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
771948 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-450091 | usd | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-235433 | usd |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-396674 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-740164 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-527924 | usd | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-272600 | usd |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-384674 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-728164 | usd | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93127355 | shares | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96875562 | shares |
CY2012Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
77332293 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
75645488 | shares | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | ||
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | ||
GTXO |
Wages And Professional Fees
WagesAndProfessionalFees
|
405589 | usd | |
CY2013Q2 | GTXO |
Wages And Professional Fees
WagesAndProfessionalFees
|
216231 | usd |
CY2012Q2 | GTXO |
Wages And Professional Fees
WagesAndProfessionalFees
|
271485 | usd |
GTXO |
Wages And Professional Fees
WagesAndProfessionalFees
|
559802 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
93382 | usd | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
49523 | usd |
CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
144838 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
212146 | usd | |
GTXO |
Finance Costs
FinanceCosts
|
0 | usd | |
CY2013Q2 | GTXO |
Finance Costs
FinanceCosts
|
0 | usd |
CY2012Q2 | GTXO |
Finance Costs
FinanceCosts
|
4250 | usd |
GTXO |
Finance Costs
FinanceCosts
|
4250 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
8756 | usd | |
CY2013Q2 | us-gaap |
Interest Expense
InterestExpense
|
2778 | usd |
CY2012Q2 | us-gaap |
Interest Expense
InterestExpense
|
0 | usd |
us-gaap |
Interest Expense
InterestExpense
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-52762 | usd | |
CY2013Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-17075 | usd |
CY2012Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
17075 | usd | |
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
0 | usd | |
CY2013Q2 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
0 | usd |
CY2012Q2 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
16250 | usd |
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
16250 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-77833 | usd | |
CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-37167 | usd |
CY2012Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
12000 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
12000 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-16315 | usd | |
CY2013Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-17314 | usd |
CY2012Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | usd |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | usd | |
us-gaap |
Depreciation
Depreciation
|
39719 | usd | |
us-gaap |
Depreciation
Depreciation
|
58325 | usd | |
us-gaap |
Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss
ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss
|
0 | usd | |
us-gaap |
Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss
ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss
|
103000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5064 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
117235 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
799 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
143390 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
169985 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-35230 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-7874 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-163904 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-105176 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-237381 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12118 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12118 | usd | |
GTXO |
Proceeds From Short Term Debt Related Party
ProceedsFromShortTermDebtRelatedParty
|
40000 | usd | |
GTXO |
Proceeds From Short Term Debt Related Party
ProceedsFromShortTermDebtRelatedParty
|
0 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
75000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd | |
GTXO |
Repayments Of Short Term Debt Related Party
RepaymentsOfShortTermDebtRelatedParty
|
7500 | usd | |
GTXO |
Repayments Of Short Term Debt Related Party
RepaymentsOfShortTermDebtRelatedParty
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
152010 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
107500 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
167010 | 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 | |
GTXO |
Issuance Of Common Stock For Accrued Wages
IssuanceOfCommonStockForAccruedWages
|
55750 | usd | |
GTXO |
Issuance Of Common Stock For Accrued Wages
IssuanceOfCommonStockForAccruedWages
|
16000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3200 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
69214 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
181567 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
40055 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-13271 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
46837 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
113671 | usd | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
0 | usd | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
15000 | usd | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2324 | usd | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-82489 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
36000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
89257 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
40070 | usd | |
GTXO |
Issuance Of Common Stock For Advisory Agreement
IssuanceOfCommonStockForAdvisoryAgreement
|
145000 | usd | |
GTXO |
Issuance Of Common Stock For Advisory Agreement
IssuanceOfCommonStockForAdvisoryAgreement
|
0 | usd | |
GTXO |
Line Payable Finance Costs
LinePayableFinanceCosts
|
0 | usd | |
GTXO |
Line Payable Finance Costs
LinePayableFinanceCosts
|
2250 | usd | |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><u>Basis of Presentation</u></b></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 six months ended June 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. The accompanying unaudited consolidated financial statements should be read in conjunction with our audited consolidated financial statements for the year ended December 31, 2012, which are included in our Annual Report on Form 10-K.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying consolidated financial statements reflect the accounts of GTX Corp and its wholly owned subsidiaries. All significant inter-company balances and transactions have been eliminated.</p> | ||
CY2013Q2 | GTXO |
Working Capital
WorkingCapital
|
-753506 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><u>Accounting Estimates</u></b></p> <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> | ||
CY2013Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.0079 | |
us-gaap |
Reclassifications
Reclassifications
|
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><u>Reclassifications</u></b></p> <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 2013. These reclassifications have no impact on net loss.</p> | ||
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
-22995 | usd | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
22995 | usd | |
CY2013Q3 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
7561 | usd |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares Issued For Noncash Consideration
StockIssuedDuringPeriodSharesIssuedForNoncashConsideration
|
100000 | shares |
CY2013Q1 | us-gaap |
Stock Issued During Period Value Issued For Noncash Considerations
StockIssuedDuringPeriodValueIssuedForNoncashConsiderations
|
3200 | usd |
CY2013Q2 | GTXO |
Board Member Loan
BoardMemberLoan
|
2500 | usd |
CY2013Q1 | GTXO |
Board Member Loan
BoardMemberLoan
|
10000 | usd |
CY2013Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
.0056 | |
CY2012Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
200000 | usd |
CY2012Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
55000 | usd |
us-gaap |
Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
|
0.00 | pure | |
us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
3.20 | pure | |
us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
.0015 | pure | |
us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P1Y | ||
CY2013Q2 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
16314 | usd |
CY2012Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
3541 | usd |
GTXO |
Discount On Loan Payable
DiscountOnLoanPayable
|
-83333 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
35768 | usd | |
GTXO |
Original Issue Discount
OriginalIssueDiscount
|
8333 | usd | |
us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
121412 | usd | |
CY2013Q1 | GTXO |
Advance On Convertible Note
AdvanceOnConvertibleNote
|
25000 | usd |
CY2012Q4 | GTXO |
Advance On Convertible Note
AdvanceOnConvertibleNote
|
25000 | usd |
CY2013Q2 | GTXO |
Advance On Convertible Note
AdvanceOnConvertibleNote
|
25000 | usd |
CY2013Q2 | GTXO |
Advance On Convertible Note
AdvanceOnConvertibleNote
|
25000 | usd |
CY2012Q4 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2012-11-30 | |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2012-11-27 | ||
CY2014 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2014-06-25 | |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2014-11-13 | ||
CY2012Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
10000 | usd |
CY2013Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
30000 | usd |
CY2013Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
200000 | usd |
CY2013Q2 | GTXO |
Aetrex Loan Outstanding
AetrexLoanOutstanding
|
9500 | usd |
CY2012Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.10 | pure |
us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
The Convertible Note matures one year from the effective date of each payment. | ||
us-gaap |
Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
|
If the Company repays the amount advanced within 90 days, the interest rate will be 0%, otherwise a one-time interest charge of 10% shall be applied to the principal sum outstanding. The Company may repay the amount advanced within 180 days from the date received, after which we may not make further payments on that advance amount without written approval from the Lender. | ||
CY2014 | us-gaap |
Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
|
The Company may repay the BSM Note and accrued interest at any time prior to maturity. | |
us-gaap |
Debt Instrument Convertible Terms Of Conversion Feature
DebtInstrumentConvertibleTermsOfConversionFeature
|
The Convertible Note is convertible into shares of common stock of the Company at a price equal to the lesser of $0.025 or 70% of the lowest trade price in the 25 trading days previous to the conversion. Unless otherwise agreed in writing by both parties, at no time will the Lender convert any amount of the Note into common stock that would result in the Lender owning more than 4.99% of the common stock outstanding. | ||
CY2014 | us-gaap |
Debt Instrument Convertible Terms Of Conversion Feature
DebtInstrumentConvertibleTermsOfConversionFeature
|
The BSM Note is convertible into shares of common stock of the Company at a price equal to 65% of the 5 day average closing price per share of the Companys common stock. | |
us-gaap |
Debt Instrument Convertible Terms Of Conversion Feature
DebtInstrumentConvertibleTermsOfConversionFeature
|
<p style="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in">Atlantic may at any time elect to convert all of the entire outstanding principal amount of the Atlantic Note plus the accrued interest into 12% of the Company’s issued and outstanding common stock immediately following the issuance thereof, multiplied by a fraction, the numerator of which is the principal amount of the Atlantic Note then outstanding and the denominator of which is $200,000.</p> | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | usd | |
us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
2900000 | shares | |
us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
2900000 | shares | |
GTXO |
Shares Issued For Services Rendered Value
SharesIssuedForServicesRenderedValue
|
55800 | usd | |
GTXO |
Shares Issued For Services Rendered Shares
SharesIssuedForServicesRenderedShares
|
2550000 | shares | |
GTXO |
Shares Issued For Accrued Expenses Value
SharesIssuedForAccruedExpensesValue
|
73950 | usd | |
GTXO |
Shares Issued For Accrued Expenses Shares
SharesIssuedForAccruedExpensesShares
|
3100000 | shares | |
GTXO |
Shares Issued With Repurchase Rights Value
SharesIssuedWithRepurchaseRightsValue
|
9315 | usd | |
GTXO |
Shares Issued With Repurchase Rights Shares
SharesIssuedWithRepurchaseRightsShares
|
1000000 | shares | |
GTXO |
Shares Issued For Financing Value
SharesIssuedForFinancingValue
|
49187 | usd | |
GTXO |
Shares Issued For Financing Shares
SharesIssuedForFinancingShares
|
2459355 | shares | |
GTXO |
Issuance Of Common Stock For Advisory Agreement Shares
IssuanceOfCommonStockForAdvisoryAgreementShares
|
5500000 | shares | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
373322 | usd | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
17509355 | shares | |
GTXO |
Stock Issued During Period Value Conversion Of Convertible Debt
StockIssuedDuringPeriodValueConversionOfConvertibleDebt
|
40070 | usd | |
CY2013Q2 | GTXO |
Warrants Outstanding At.08 Exercise Price
WarrantsOutstandingAt.08ExercisePrice
|
5720000 | shares |
CY2013Q2 | GTXO |
Warrants Outstanding At.02 Exercise Price
WarrantsOutstandingAt.02ExercisePrice
|
2000000 | shares |
CY2013Q2 | GTXO |
Total Warrants Outstanding
TotalWarrantsOutstanding
|
7720000 | shares |
CY2013Q2 | GTXO |
Remaining Life Of Warrants At.08 Exercise Price
RemainingLifeOfWarrantsAt.08ExercisePrice
|
P7M20D | |
CY2013Q2 | GTXO |
Remaining Life Of Warrants.02 Exercise Price In Years
RemainingLifeOfWarrants.02ExercisePriceInYears
|
P2Y2M3D | |
CY2013Q2 | GTXO |
Warrants Exercisable At.08 Exercise Price
WarrantsExercisableAt.08ExercisePrice
|
5720000 | shares |
CY2013Q2 | GTXO |
Warrants Exerciseable02 Exercise Price
WarrantsExerciseable02ExercisePrice
|
2000000 | shares |
CY2013Q2 | GTXO |
Warrants Exercisable Total
WarrantsExercisableTotal
|
7720000 | shares |
CY2013Q2 | GTXO |
Total Remaining Life Warrants Years
TotalRemainingLifeWarrantsYears
|
P1Y14D | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1606727 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2328570 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1606727 | shares |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.182 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.20 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0.22 | ||
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.182 | |
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P6M | ||
CY2012 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P1Y0M7D | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6M | ||
CY2013Q2 | GTXO |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingGrantDateFairValue
|
131679 | usd |
CY2012Q4 | GTXO |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingGrantDateFairValue
|
205234 | usd |
GTXO |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageGrantDateFairValue
|
-73555 | usd | |
CY2013Q2 | GTXO |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
|
131679 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | ||
CY2012Q4 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
13500 | usd |
CY2013Q1 | GTXO |
Line Of Credit Assigned
LineOfCreditAssigned
|
13500 | usd |
CY2013Q1 | GTXO |
Shares Issued As Payment On Line Of Credit
SharesIssuedAsPaymentOnLineOfCredit
|
2459355 | shares |
CY2013Q1 | GTXO |
Payment Made To Holder For Line Of Credit
PaymentMadeToHolderForLineOfCredit
|
13500 | usd |
CY2013Q1 | GTXO |
Shares Issued As Payment On Line Of Credit Value
SharesIssuedAsPaymentOnLineOfCreditValue
|
49000 | usd |
CY2013Q1 | GTXO |
Shares Issued As Payment On Line Of Credit Price Per Share
SharesIssuedAsPaymentOnLineOfCreditPricePerShare
|
0.02 | |
CY2013Q1 | GTXO |
Loc Finance Costs
LOCFinanceCosts
|
35700 | usd |
CY2013Q1 | GTXO |
Term Of Advisory Agreement
TermOfAdvisoryAgreement
|
P1Y | |
CY2013Q2 | GTXO |
Term Of Advisory Agreement
TermOfAdvisoryAgreement
|
P1Y | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
7000000 | shares |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1074 | usd | |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1081000 | shares |
CY2013Q2 | GTXO |
Compensation Advisory Agreement Shares
CompensationAdvisoryAgreementShares
|
3000000 | shares |
CY2013Q2 | GTXO |
Compensation Advisory Agreement Shares
CompensationAdvisoryAgreementShares
|
2500000 | shares |
CY2013Q2 | GTXO |
Compensation Advisory Agreement Value
CompensationAdvisoryAgreementValue
|
120000 | usd |
CY2013Q2 | GTXO |
Compensation Advisory Agreement Value
CompensationAdvisoryAgreementValue
|
25000 | usd |
CY2013Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
1350100 | shares |
CY2014 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.15 | pure |
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.06 | pure | |
CY2013Q3 | GTXO |
Amount Funded By Convertible Promissory Note Total
AmountFundedByConvertiblePromissoryNoteTotal
|
50000 | usd |
CY2013Q3 | GTXO |
Amount Funded By Convertible Promissory Note Total
AmountFundedByConvertiblePromissoryNoteTotal
|
50000 | usd |
CY2013Q4 | GTXO |
Amount Funded By Convertible Promissory Note Total
AmountFundedByConvertiblePromissoryNoteTotal
|
50000 | usd |
CY2013Q4 | GTXO |
Amount Funded By Convertible Promissory Note Total
AmountFundedByConvertiblePromissoryNoteTotal
|
50000 | usd |
CY2013Q3 | GTXO |
Amount Funded By Convertible Promissory Note Cash
AmountFundedByConvertiblePromissoryNoteCash
|
25000 | usd |
CY2013Q3 | GTXO |
Amount Funded By Convertible Promissory Note Cash
AmountFundedByConvertiblePromissoryNoteCash
|
25000 | usd |
CY2013Q4 | GTXO |
Amount Funded By Convertible Promissory Note Cash
AmountFundedByConvertiblePromissoryNoteCash
|
25000 | usd |
CY2013Q4 | GTXO |
Amount Funded By Convertible Promissory Note Cash
AmountFundedByConvertiblePromissoryNoteCash
|
25000 | usd |
CY2013Q3 | GTXO |
Amount Funded By Convertible Promissory Note Services
AmountFundedByConvertiblePromissoryNoteServices
|
25000 | usd |
CY2013Q3 | GTXO |
Amount Funded By Convertible Promissory Note Services
AmountFundedByConvertiblePromissoryNoteServices
|
25000 | usd |
CY2013Q4 | GTXO |
Amount Funded By Convertible Promissory Note Services
AmountFundedByConvertiblePromissoryNoteServices
|
25000 | usd |
CY2013Q4 | GTXO |
Amount Funded By Convertible Promissory Note Services
AmountFundedByConvertiblePromissoryNoteServices
|
25000 | usd |
us-gaap |
Temporary Equity Contract Terms
TemporaryEquityContractTerms
|
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company issued a Warrant to Atlantic, whereby Atlantic is entitled to purchase from the Company a total number of shares of common stock, such that, when added to the total number of shares of common stock acquired by Atlantic upon conversion of the Atlantic Note, equals 12% of the common stock outstanding as of the date of such conversion, as such total outstanding amount may, be increased by issuances of common stock occurring on or prior to November 13, 2014 (or by issuances of common stock occurring after November 13, 2014 but pursuant to convertible instruments issued or commitments made by the Company prior to November 13, 2014), other than issuances of excluded securities as such term is defined in the Atlantic Note, at an exercise price per share equal to $0.001 per share, at any time and from time to time on or after the Closing Date and through and including November 13, 2020.</p> | ||
CY2013Q3 | GTXO |
Payment On Loan To Board
PaymentOnLoanToBoard
|
2500 | usd |
CY2013Q3 | GTXO |
Payment On Aetrex Loan
PaymentOnAetrexLoan
|
9500 | usd |