2013 Q4 Form 10-Q Financial Statement
#000114420413061993 Filed on November 14, 2013
Income Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q4 |
---|---|---|---|
Revenue | $5.750M | $6.521M | $1.160M |
YoY Change | 395.69% | 3720.23% | |
Cost Of Revenue | $4.340M | $4.646M | $770.0K |
YoY Change | 463.64% | 17258.11% | |
Gross Profit | $1.420M | $1.875M | $400.0K |
YoY Change | 255.0% | 1202.45% | |
Gross Profit Margin | 24.7% | 28.75% | 34.48% |
Selling, General & Admin | $19.25M | $3.450M | $6.720M |
YoY Change | 186.46% | 115.63% | -800.0% |
% of Gross Profit | 1355.63% | 184.04% | 1680.0% |
Research & Development | $30.00K | $20.00K | |
YoY Change | 100.0% | ||
% of Gross Profit | 2.11% | 1.07% | |
Depreciation & Amortization | $790.0K | $797.0K | $140.0K |
YoY Change | 464.29% | 1377.62% | -54.84% |
% of Gross Profit | 55.63% | 42.52% | 35.0% |
Operating Expenses | $20.07M | $8.909M | $6.850M |
YoY Change | 192.99% | 424.75% | 1422.22% |
Operating Profit | -$18.65M | -$2.388M | -$6.450M |
YoY Change | 189.15% | 56.39% | |
Interest Expense | -$940.0K | $973.3K | $60.00K |
YoY Change | -1666.67% | -336.07% | |
% of Operating Profit | |||
Other Income/Expense, Net | $10.00K | -$80.02K | $460.0K |
YoY Change | -97.83% | 60.04% | |
Pretax Income | -$21.05M | -$3.441M | -$5.940M |
YoY Change | 254.38% | 194.14% | 1220.0% |
Income Tax | $210.0K | $0.00 | $160.0K |
% Of Pretax Income | |||
Net Earnings | -$20.97M | -$3.870M | -$7.480M |
YoY Change | 180.35% | 113.28% | 1562.22% |
Net Earnings / Revenue | -364.7% | -59.34% | -644.83% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$16.07K | -$2.537K | -$4.850K |
COMMON SHARES | |||
Basic Shares Outstanding | 28.21M shares | 28.34M | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q4 | 2013 Q3 | 2012 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $100.0K | $3.900M | $3.500M |
YoY Change | -97.14% | 3400.0% | |
Cash & Equivalents | $126.3K | $3.926M | $3.547M |
Short-Term Investments | |||
Other Short-Term Assets | $1.900M | $1.300M | $7.500M |
YoY Change | -74.67% | -97.19% | 2400.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $10.62M | $9.716M | $10.86M |
Other Receivables | $0.00 | $200.0K | $4.800M |
Total Short-Term Assets | $12.69M | $15.14M | $28.01M |
YoY Change | -54.69% | -67.22% | 6761.16% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $137.3K | $162.9K | $261.8K |
YoY Change | -47.56% | 14.3% | |
Goodwill | $6.672M | $6.672M | $0.00 |
YoY Change | -100.0% | ||
Intangibles | $2.964M | $4.495M | $111.7K |
YoY Change | 2554.63% | -81.66% | |
Long-Term Investments | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | |||
Total Long-Term Assets | $9.820M | $11.72M | $373.4K |
YoY Change | 2529.56% | -63730.0% | -70.36% |
TOTAL ASSETS | |||
Total Short-Term Assets | $12.69M | $15.14M | $28.01M |
Total Long-Term Assets | $9.820M | $11.72M | $373.4K |
Total Assets | $22.51M | $26.86M | $28.38M |
YoY Change | -20.68% | -41.84% | 1601.13% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.190M | $2.021M | $498.4K |
YoY Change | 540.06% | 53.91% | 108.58% |
Accrued Expenses | $3.485M | $2.646M | $910.0K |
YoY Change | 282.95% | 2.89% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $8.479M | $10.16M | $9.400M |
YoY Change | -9.8% | ||
Long-Term Debt Due | $3.816M | -$1.678M | $0.00 |
YoY Change | |||
Total Short-Term Liabilities | $20.66M | $18.21M | $11.23M |
YoY Change | 83.91% | 727.86% | 288.45% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $17.26M | $19.05M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $100.0K | |
YoY Change | -97.5% | ||
Total Long-Term Liabilities | $17.26M | $19.05M | $100.0K |
YoY Change | 17155.53% | -97.5% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $20.66M | $18.21M | $11.23M |
Total Long-Term Liabilities | $17.26M | $19.05M | $100.0K |
Total Liabilities | $37.92M | $37.26M | $11.37M |
YoY Change | 233.47% | 1621.57% | 64.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$118.9M | -$114.7M | -$70.62M |
YoY Change | 68.41% | 37.73% | |
Common Stock | $103.5M | $106.3M | $87.45M |
YoY Change | 18.33% | 30818784.06% | 77.75% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$15.30M | -$7.700M | $17.10M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.51M | $26.86M | $28.38M |
YoY Change | -20.68% | -41.84% | 1601.13% |
Cashflow Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$20.97M | -$3.870M | -$7.480M |
YoY Change | 180.35% | 113.28% | 1562.22% |
Depreciation, Depletion And Amortization | $790.0K | $797.0K | $140.0K |
YoY Change | 464.29% | 1377.62% | -54.84% |
Cash From Operating Activities | -$4.440M | -$2.320M | -$16.05M |
YoY Change | -72.34% | -63.0% | 221.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $380.0K | -$20.00K | $170.0K |
YoY Change | 123.53% | -33.33% | -78.21% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$30.00K | $20.00K | -$6.980M |
YoY Change | -99.57% | 8625.0% | |
Cash From Investing Activities | -$410.0K | $40.00K | -$7.150M |
YoY Change | -94.27% | 33.33% | 721.84% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 860.0K | 4.070M | 23.81M |
YoY Change | -96.39% | -44.85% | 576.42% |
NET CHANGE | |||
Cash From Operating Activities | -4.440M | -2.320M | -16.05M |
Cash From Investing Activities | -410.0K | 40.00K | -7.150M |
Cash From Financing Activities | 860.0K | 4.070M | 23.81M |
Net Change In Cash | -3.990M | 1.790M | 610.0K |
YoY Change | -754.1% | 57.02% | -125.96% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.440M | -$2.320M | -$16.05M |
Capital Expenditures | $380.0K | -$20.00K | $170.0K |
Free Cash Flow | -$4.820M | -$2.300M | -$16.22M |
YoY Change | -70.28% | -63.14% | 180.62% |
Facts In Submission
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us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
11200000 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1898397 | USD | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3441475 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-1165816 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-26831137 | USD | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-7131907 | USD | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.13 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.09 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.97 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.47 | ||
CY2013Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6520788 | USD |
CY2012Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
170691 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
12996538 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
222207 | USD | |
CY2013Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
4646245 | USD |
CY2012Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
26767 | USD |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
9036826 | USD | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
66791 | USD | |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2928528 | USD |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1617052 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
CY2013Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
796985 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1449659 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
134307 | USD | |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
8908988 | USD |
CY2012Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1697756 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
37615813 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
7206755 | USD | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2388200 | USD |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1527065 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-24619275 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6984548 | USD | |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
973256 | USD |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
-412266 | USD |
us-gaap |
Interest Expense
InterestExpense
|
2043353 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
-314883 | USD | |
CY2013Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
80019 | USD |
CY2012Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
51017 | USD |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
168509 | USD | |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
462242 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-266001 | USD |
CY2012Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-45990 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-835642 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-118739 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3869613 | USD |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1814304 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-27335141 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8911565 | USD | |
CY2013Q3 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
537230 | USD |
CY2012Q3 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
0 | USD |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
6736302 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3803862 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-362444 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
229702 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1543485 | USD | |
nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
572 | USD | |
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
0 | USD | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3706616 | USD |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1807247 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-27436902 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8913384 | USD | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
28163337 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19314379 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
28173573 | shares | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.11 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.92 | ||
CY2013Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-372496 | USD |
CY2012Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-694478 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-1018003 | USD | |
us-gaap |
Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
|
-321643 | USD | |
us-gaap |
Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
|
0 | USD | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
162997 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
7057 | USD |
nete |
Stock Issued In Noncash Or Part Non Cash Acquisition Percentage1
StockIssuedInNoncashOrPartNonCashAcquisitionPercentage1
|
0.1 | pure | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
6736302 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
225000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
9170102 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1272562 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
209509 | USD | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
20647277 | USD | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-217722 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-6366221 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-9129287 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
4694605 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
0 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
228113 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD | |
nete |
Capitalized Web Development And Patent Costs
CapitalizedWebDevelopmentAndPatentCosts
|
0 | USD | |
nete |
Capitalized Web Development And Patent Costs
CapitalizedWebDevelopmentAndPatentCosts
|
70265 | USD | |
nete |
Decrease In Fixed Assets
DecreaseInFixedAssets
|
-46966 | USD | |
nete |
Decrease In Fixed Assets
DecreaseInFixedAssets
|
221903 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
4513458 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-292168 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
755170 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
4164470 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-2056821 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
1763386 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
-482400 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
38591 | USD | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
8087259 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
1603169 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
75000 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
75000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
2293182 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
12016512 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-61441 | USD | |
CY2013Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
11200000 | USD |
CY2012 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8938900 | shares |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-321643 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
0 | USD | |
nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Continued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromContinuedOperations
|
20509185 | USD | |
nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Continued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromContinuedOperations
|
-6133665 | USD | |
nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Discontinued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromDiscontinuedOperations
|
138092 | USD | |
nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Discontinued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromDiscontinuedOperations
|
5915943 | USD | |
us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
0 | USD | |
nete |
Non Cash Or Part Non Cash Acquisition Non Cash Financial Or Equity Instrument Consideration Value Restricted Shares Issued1
NonCashOrPartNonCashAcquisitionNonCashFinancialOrEquityInstrumentConsiderationValueRestrictedSharesIssued1
|
718750 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1819 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
378978 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2593238 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
59387 | USD |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2652625 | USD |
us-gaap |
Interest Paid
InterestPaid
|
1038125 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
4861 | USD | |
nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equityinstrument Consideration Value Sharesissued And Outstanding
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityinstrumentConsiderationValueSharesissuedAndOutstanding
|
609000 | USD | |
nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equityinstrument Consideration Value Sharesissued And Outstanding
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityinstrumentConsiderationValueSharesissuedAndOutstanding
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
20631000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
0 | USD | |
nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Total
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueTotal
|
21240000 | USD | |
nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Total
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueTotal
|
0 | USD | |
nete |
Non Cash Or Part Non Cash Acquisition Non Cash Financial Or Equity Instrument Consideration Value Restricted Shares Issued1
NonCashOrPartNonCashAcquisitionNonCashFinancialOrEquityInstrumentConsiderationValueRestrictedSharesIssued1
|
0 | USD | |
us-gaap |
Notes Issued1
NotesIssued1
|
2000000 | USD | |
us-gaap |
Notes Issued1
NotesIssued1
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
0 | USD | |
us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
520000 | USD | |
us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
10218888 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1620499 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8884116 | USD | |
CY2013Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
303816 | USD |
CY2013Q3 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
3624583 | USD |
CY2012Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
315000 | USD |
nete |
Terminals Acquired Amount Net
TerminalsAcquiredAmountNet
|
291602 | USD | |
nete |
Terminals Acquired Amount Net Held With Merchants
TerminalsAcquiredAmountNetHeldWithMerchants
|
7255 | USD | |
CY2013Q3 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
217159 | USD |
CY2013Q3 | us-gaap |
Notes Payable
NotesPayable
|
22000000 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8938900 | shares | |
nete |
Capital Contribution
CapitalContribution
|
1259000 | USD | |
CY2012Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
0 | USD |
CY2013Q3 | nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
572 | USD |
CY2012Q4 | nete |
Net Assets Of Disposal Group Including Discontinued Operation
NetAssetsOfDisposalGroupIncludingDiscontinuedOperation
|
-30653 | USD |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"><b>Use of Estimates</b></font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the balance sheet date and the reported amounts of expenses for the period presented. Actual results could differ from those estimates.</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Significant estimates include (i) the valuation of acquired merchant portfolios (ii) the recoverability of long-lived assets, (iii) the remaining useful lives of long-lived assets, and (iv) the sufficiency of merchant, legal, and other reserves. On an ongoing basis, the Company evaluates the sufficiency and accuracy of its estimates. Actual results could differ from those estimates.  </font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><strong><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font>Concentrations</font></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company’s revenue was $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">6,520,788</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">12,996,538</font> for the three months and nine months ended September 30, 2013. Of this, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5,509,658</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">10,110,588</font> was derived from processing of Visa®, MasterCard®, Discover® and American Express® card transactions $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1,011,130</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2,884,529</font> was derived from processing of mobile electronic payments, for the three months and nine months respectively</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The credit card processing revenues of $10,110,588 was derived from merchant customer transactions, which are processed primarily by three “third-party” processors. For the nine months ended September 30, 2013, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 21</font>% of its total revenue with Cynergy Data, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 31</font>% with National Processing Company (NPC) and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 22</font>% with First Data.</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The mobile electronic payment revenues of $2,884,529 are derived from merchant customer transactions, which are processed primarily by two mobile operators. For the nine months ended September 30, 2013, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font>% of its total revenue with Beeline (OJSC Vimpelcom), and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font>% with MTS (Mobile TeleSystems OJSC).</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"><b>Reclassification</b></font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">   </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Certain balances for the nine months ended September 30, 2012 and the balance sheet at December 31, 2012 have been reclassified to conform to the September 30, 2013 presentation. This reclassification is primarily related to the discontinued operations.</font></div> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2013Q3 | nete |
Working Capital Deficit
WorkingCapitalDeficit
|
3100000 | USD |
CY2012Q4 | us-gaap |
Business Acquisition Share Price
BusinessAcquisitionSharePrice
|
0.25 | |
CY2013Q2 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.7 | pure |
CY2013Q2 | nete |
Percentage Of Common Stock Issued And Outstanding
PercentageOfCommonStockIssuedAndOutstanding
|
0.1 | pure |
CY2012Q4 | us-gaap |
Business Acquisition Description Of Acquired Entity
BusinessAcquisitionDescriptionOfAcquiredEntity
|
To the extent a holder of Net Element common stock would have received fewer than 100 shares of common stock of the Company in the Merger, such holder was issued an additional number of shares of common stock of the Company to bring such holder’s aggregate equity holdings in the Company to 100 shares of common stock. No fractional shares were issued in the Merger; instead, the Company issued one share of common stock to the holder of any shares of Net Element common stock that would have otherwise been entitled to receive a fraction of a share of common stock of the Company. | |
CY2012Q4 | nete |
Convertible Securities Exercise Price
ConvertibleSecuritiesExercisePrice
|
0.025 | |
nete |
Business Acquisition Conversion Description
BusinessAcquisitionConversionDescription
|
Pursuant to the terms of the Merger Agreement, upon completion of the Merger, each share of then-issued and outstanding common stock of Net Element was automatically cancelled and converted into the right to receive one-fortieth (1/40) of a share of the Companys common stock. | ||
CY2013Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
17395 | USD |
CY2012Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
20709 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
14484 | USD | |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
81821 | USD | |
CY2013Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-694139 | USD |
CY2012Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-797903 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-1339646 | USD | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-2125026 | USD | |
CY2013Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD |
CY2012Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
13969 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD | |
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
13969 | USD | |
CY2013Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-694139 | USD |
CY2012Q4 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
32950 | USD |
CY2012Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
29055 | USD |
CY2012Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Net
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNet
|
29258 | USD |
CY2012Q4 | nete |
Disposal Group Including Discontinued Operation Due From Related Parties
DisposalGroupIncludingDiscontinuedOperationDueFromRelatedParties
|
0 | USD |
CY2012Q4 | us-gaap |
Disposal Group Including Discontinued Operation Intangible Assets Net
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsNet
|
101196 | USD |
CY2012Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesCurrent
|
87419 | USD |
CY2012Q4 | nete |
Disposal Group Including Discontinued Operation Due To Related Parties
DisposalGroupIncludingDiscontinuedOperationDueToRelatedParties
|
135693 | USD |
CY2012Q4 | nete |
Disposal Group Including Discontinued Operation Other Short Term Loans
DisposalGroupIncludingDiscontinuedOperationOtherShortTermLoans
|
0 | USD |
CY2012Q3 | nete |
Notes Receivable Line Of Credit Maximum Lending Exposure
NotesReceivableLineOfCreditMaximumLendingExposure
|
300000000 | RUB |
CY2012Q3 | nete |
Notes Receivable Line Of Credit Maximum Lending Exposure
NotesReceivableLineOfCreditMaximumLendingExposure
|
9800000 | USD |
CY2013Q1 | nete |
Notes Receivable Maturity Date
NotesReceivableMaturityDate
|
2013-10-01 | |
CY2012Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
1791475 | USD |
CY2013Q2 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
1100000 | USD |
CY2013Q3 | nete |
Provision For Allowance For Notes And Loans Receivable Current
ProvisionForAllowanceForNotesAndLoansReceivableCurrent
|
200000 | USD |
nete |
Receivable With Imputed Interest Term
ReceivableWithImputedInterestTerm
|
P43M | ||
CY2012Q3 | nete |
Notes Receivable Line Of Credit Maximum Lending Exposure
NotesReceivableLineOfCreditMaximumLendingExposure
|
200000000 | RUB |
CY2012Q3 | nete |
Notes Receivable Line Of Credit Maximum Lending Exposure
NotesReceivableLineOfCreditMaximumLendingExposure
|
7000000 | USD |
CY2012Q3 | nete |
Notes Receivable Interest Rate Fixed Percentage
NotesReceivableInterestRateFixedPercentage
|
0.1 | pure |
CY2012Q3 | nete |
Notes Receivable Maturity Date
NotesReceivableMaturityDate
|
2012-10-31 | |
CY2012Q3 | nete |
Notes Receivable Effective Interest Rate
NotesReceivableEffectiveInterestRate
|
0.4 | pure |
CY2012Q4 | nete |
Financing Receivable Maturity Date
FinancingReceivableMaturityDate
|
2013-11-15 | |
CY2012Q4 | nete |
Financing Receivable Interest Rate Fixed Percentage
FinancingReceivableInterestRateFixedPercentage
|
0.0175 | pure |
CY2013Q3 | us-gaap |
Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
|
991475 | USD |
CY2013Q3 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.2 | pure |
CY2013Q3 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
1314302 | USD |
CY2012Q4 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
891475 | USD |
CY2013Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
520000 | USD |
CY2012Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
6088934 | USD |
us-gaap |
Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
|
0.21 | pure | |
CY2013Q3 | us-gaap |
Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
|
3811023 | USD |
CY2013Q3 | nete |
Receivable With Imputed Interest Present Value
ReceivableWithImputedInterestPresentValue
|
1834302 | USD |
CY2013Q3 | nete |
Receivable With Imputed Interest Book Value
ReceivableWithImputedInterestBookValue
|
520000 | USD |
nete |
Provision For Doubtful Other Receivables
ProvisionForDoubtfulOtherReceivables
|
6700000 | USD | |
CY2013Q3 | nete |
Additional Techonolgy Services Costs
AdditionalTechonolgyServicesCosts
|
60321 | USD |
CY2013Q3 | us-gaap |
Technology Services Costs
TechnologyServicesCosts
|
703768 | USD |
CY2013Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
764089 | USD |
CY2012Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
CY2013Q3 | nete |
Provision For Doubtful Other Receivables
ProvisionForDoubtfulOtherReceivables
|
0 | USD |
CY2013Q3 | us-gaap |
Depreciation
Depreciation
|
54501 | USD |
CY2012Q3 | us-gaap |
Depreciation
Depreciation
|
53937 | USD |
us-gaap |
Depreciation
Depreciation
|
138518 | USD | |
CY2013Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
5417015 | USD |
CY2013Q1 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
0 | USD |
CY2013Q2 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
5786538 | USD |
us-gaap |
Depreciation
Depreciation
|
134307 | USD | |
CY2013Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
509237 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
628991 | USD |
CY2013Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
346381 | USD |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
367232 | USD |
CY2013Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
754021 | USD |
CY2012Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD | |
us-gaap |
Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
|
straight-line basis | ||
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Fair Value Disclosure
FiniteLivedIntangibleAssetsFairValueDisclosure
|
4370000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1150523 | USD | |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
756207 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
|
2777272 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
|
653508 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
|
138635 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
|
0 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4494837 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
|
169215 | USD |
CY2013Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1009 | USD |
CY2013Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
581379 | USD |
CY2013Q3 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
0 | USD |
CY2012Q4 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
1800000 | USD |
CY2013Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2013Q2 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
142092 | USD |
CY2013Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
920642 | USD |
CY2012Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
470382 | USD |
CY2013Q3 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
19601 | USD |
CY2012Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
221311 | USD |
CY2013Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
336583 | USD |
CY2012Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
39421 | USD |
CY2013Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1139691 | USD |
CY2012Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
36816 | USD |
CY2013Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
229585 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
19050122 | USD |
CY2013Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
20727647 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
-1677525 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
590819 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
2776454 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
6830761 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
13268000 | USD |
CY2013Q3 | nete |
Longterm Debt Maturities Repayments Of Principal Total
LongtermDebtMaturitiesRepaymentsOfPrincipalTotal
|
23466034 | USD |
CY2013Q3 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
1542268 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
806667 | USD | |
CY2012Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
6.00 | |
CY2012Q3 | us-gaap |
Share Price
SharePrice
|
10.00 | |
CY2012 | us-gaap |
Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
|
2500000 | USD |
CY2012Q4 | us-gaap |
Share Price
SharePrice
|
13.60 | |
CY2012Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1333333 | USD |
CY2013Q3 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
8938900 | shares |
CY2012 | nete |
Class Of Warrant Or Right Exercises During Period
ClassOfWarrantOrRightExercisesDuringPeriod
|
1100 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P4Y4D | ||
CY2013Q3 | nete |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
|
7.50 | |
CY2013Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
14400000 | USD |
us-gaap |
Business Development
BusinessDevelopment
|
0 | USD | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
7005657 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
314883 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-411225 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-7080890 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-51017 | USD | |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-7131907 | USD | |
us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
0 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
221903 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
8087259 | USD | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
0 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
0 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
0 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
-1763386 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
0 | USD |