2013 Q4 Form 10-K Financial Statement
#000114420414022783 Filed on April 15, 2014
Income Statement
| Concept | 2013 Q4 | 2013 | 2012 Q4 |
|---|---|---|---|
| Revenue | $5.750M | $18.75M | $1.160M |
| YoY Change | 395.69% | 1253.9% | |
| Cost Of Revenue | $4.340M | $13.37M | $770.0K |
| YoY Change | 463.64% | 1505.78% | |
| Gross Profit | $1.420M | $5.375M | $400.0K |
| YoY Change | 255.0% | 873.8% | |
| Gross Profit Margin | 24.7% | 28.67% | 34.48% |
| Selling, General & Admin | $19.25M | $35.14M | $6.720M |
| YoY Change | 186.46% | 155.94% | -800.0% |
| % of Gross Profit | 1355.63% | 653.79% | 1680.0% |
| Research & Development | $30.00K | $60.00K | |
| YoY Change | |||
| % of Gross Profit | 2.11% | 1.12% | |
| Depreciation & Amortization | $790.0K | $2.243M | $140.0K |
| YoY Change | 464.29% | 743.03% | -54.84% |
| % of Gross Profit | 55.63% | 41.72% | 35.0% |
| Operating Expenses | $20.07M | $63.50M | $6.850M |
| YoY Change | 192.99% | 328.29% | 1422.22% |
| Operating Profit | -$18.65M | -$44.75M | -$6.450M |
| YoY Change | 189.15% | 232.92% | |
| Interest Expense | -$940.0K | -$2.980M | $60.00K |
| YoY Change | -1666.67% | -1094.35% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | $10.00K | -$160.2K | $460.0K |
| YoY Change | -97.83% | -6927.88% | |
| Pretax Income | -$21.05M | -$47.89M | -$5.940M |
| YoY Change | 254.38% | 266.44% | 1220.0% |
| Income Tax | $210.0K | $213.3K | $160.0K |
| % Of Pretax Income | |||
| Net Earnings | -$20.97M | -$48.31M | -$7.480M |
| YoY Change | 180.35% | 194.75% | 1562.22% |
| Net Earnings / Revenue | -364.7% | -257.66% | -644.83% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$16.07K | -$37.12K | -$4.850K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 28.21M shares | 28.34M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q4 | 2013 | 2012 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $100.0K | $100.0K | $3.500M |
| YoY Change | -97.14% | -97.14% | 3400.0% |
| Cash & Equivalents | $126.3K | $3.547M | |
| Short-Term Investments | |||
| Other Short-Term Assets | $1.900M | $1.900M | $7.500M |
| YoY Change | -74.67% | -74.67% | 2400.0% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $10.62M | $10.60M | $10.86M |
| Other Receivables | $0.00 | $0.00 | $4.800M |
| Total Short-Term Assets | $12.69M | $12.70M | $28.01M |
| YoY Change | -54.69% | -54.64% | 6761.16% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $137.3K | $100.0K | $261.8K |
| YoY Change | -47.56% | -66.67% | 14.3% |
| Goodwill | $6.672M | $0.00 | |
| YoY Change | -100.0% | ||
| Intangibles | $2.964M | $111.7K | |
| YoY Change | 2554.63% | -81.66% | |
| Long-Term Investments | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Assets | $0.00 | $0.00 | |
| YoY Change | |||
| Total Long-Term Assets | $9.820M | $9.800M | $373.4K |
| YoY Change | 2529.56% | 2350.0% | -70.36% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $12.69M | $12.70M | $28.01M |
| Total Long-Term Assets | $9.820M | $9.800M | $373.4K |
| Total Assets | $22.51M | $22.50M | $28.38M |
| YoY Change | -20.68% | -20.77% | 1601.13% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $3.190M | $3.200M | $498.4K |
| YoY Change | 540.06% | 540.0% | 108.58% |
| Accrued Expenses | $3.485M | $3.200M | $910.0K |
| YoY Change | 282.95% | 255.56% | 2.89% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $8.479M | $8.700M | $9.400M |
| YoY Change | -9.8% | -7.45% | |
| Long-Term Debt Due | $3.816M | $3.800M | $0.00 |
| YoY Change | |||
| Total Short-Term Liabilities | $20.66M | $20.70M | $11.23M |
| YoY Change | 83.91% | 84.82% | 288.45% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $17.26M | $17.30M | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $100.0K | ||
| YoY Change | -97.5% | ||
| Total Long-Term Liabilities | $17.26M | $17.30M | $100.0K |
| YoY Change | 17155.53% | 17200.0% | -97.5% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $20.66M | $20.70M | $11.23M |
| Total Long-Term Liabilities | $17.26M | $17.30M | $100.0K |
| Total Liabilities | $37.92M | $37.80M | $11.37M |
| YoY Change | 233.47% | 234.51% | 64.98% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$118.9M | -$70.62M | |
| YoY Change | 68.41% | 37.73% | |
| Common Stock | $103.5M | $87.45M | |
| YoY Change | 18.33% | 77.75% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$15.30M | -$15.30M | $17.10M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $22.51M | $22.50M | $28.38M |
| YoY Change | -20.68% | -20.77% | 1601.13% |
Cashflow Statement
| Concept | 2013 Q4 | 2013 | 2012 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$20.97M | -$48.31M | -$7.480M |
| YoY Change | 180.35% | 194.75% | 1562.22% |
| Depreciation, Depletion And Amortization | $790.0K | $2.243M | $140.0K |
| YoY Change | 464.29% | 743.03% | -54.84% |
| Cash From Operating Activities | -$4.440M | -$10.81M | -$16.05M |
| YoY Change | -72.34% | -57.07% | 221.0% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $380.0K | $380.0K | $170.0K |
| YoY Change | 123.53% | 73.1% | -78.21% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$30.00K | $4.480M | -$6.980M |
| YoY Change | -99.57% | -164.18% | 8625.0% |
| Cash From Investing Activities | -$410.0K | $4.103M | -$7.150M |
| YoY Change | -94.27% | -155.17% | 721.84% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $482.4K | ||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 860.0K | $3.149M | 23.81M |
| YoY Change | -96.39% | -91.21% | 576.42% |
| NET CHANGE | |||
| Cash From Operating Activities | -4.440M | -$10.81M | -16.05M |
| Cash From Investing Activities | -410.0K | $4.103M | -7.150M |
| Cash From Financing Activities | 860.0K | $3.149M | 23.81M |
| Net Change In Cash | -3.990M | -$3.558M | 610.0K |
| YoY Change | -754.1% | -210.81% | -125.96% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$4.440M | -$10.81M | -$16.05M |
| Capital Expenditures | $380.0K | $380.0K | $170.0K |
| Free Cash Flow | -$4.820M | -$11.19M | -$16.22M |
| YoY Change | -70.28% | -55.94% | 180.62% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
0 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
3746058 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
13268000 | USD |
| CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
2056821 | USD |
| CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
0 | USD |
| CY2012Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
6088934 | USD |
| CY2013Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
0 | USD |
| CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
10855175 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
10619289 | USD |
| CY2012Q4 | us-gaap |
Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
|
4777033 | USD |
| CY2013Q4 | us-gaap |
Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
|
1109538 | USD |
| CY2012Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
192460 | USD |
| CY2013Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
0 | USD |
| CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
487995 | USD |
| CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
834025 | USD |
| CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
28005205 | USD |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
12689171 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
261759 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
137267 | USD |
| CY2012Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
111670 | USD |
| CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2964424 | USD |
| CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
0 | USD |
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
6671750 | USD |
| CY2012Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
| CY2013Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
46113 | USD |
| CY2012Q4 | us-gaap |
Assets
Assets
|
28378634 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
22508725 | USD |
| CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
498424 | USD |
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3190215 | USD |
| CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
239398 | USD |
| CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
910022 | USD |
| CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
3484963 | USD |
| CY2013Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
3816093 | USD |
| CY2012Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3546787 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
126319 | USD |
| CY2013Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
47519 | USD |
| CY2012Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
202682 | USD |
| CY2013Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
1451357 | USD |
| CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
11234404 | USD |
| CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
20660836 | USD |
| CY2012Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
9400164 | USD |
| CY2013Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
8478810 | USD |
| CY2012Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
223112 | USD |
| CY2013Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
0 | USD |
| CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-103437 | USD |
| CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-125043 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-15407642 | USD |
| CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
28378634 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22508725 | USD |
| CY2012Q4 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
135693 | USD |
| CY2013Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
17255531 | USD |
| CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
37916367 | USD |
| CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3229 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
103486144 | USD |
| CY2012Q4 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
0 | USD |
| CY2013Q4 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
-329406 | USD |
| CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
278565 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-170550 | USD |
| CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-70621481 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-118930828 | USD |
| CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">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.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">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.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2013 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Concentrations</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company’s total revenue was $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">18,749,470</font> for the year ended December 31, 2013. Of this, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">14,798,488</font> was derived from processing of Visa®, MasterCard®, Discover® and American Express® card transactions and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3,948,087</font> was derived from processing of mobile electronic payments.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The credit card processing revenues were derived from merchant customer transactions, which are processed primarily by three “third-party” processors. For the year ended December 31, 2013, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 25</font>% of its total revenue with Cynergy Data, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 32</font>% with National Processing Company (NPC) and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 19</font>% with First Data.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The mobile electronic payment revenues were derived from merchant customer transactions, which are processed primarily by two mobile operators. For the year ended December 31, 2013, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">9</font>% of its total revenue with Beeline (OJSC Vimpelcom), and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 8</font>% with MTS (Mobile TeleSystems OJSC).</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2012 | us-gaap |
Depreciation
Depreciation
|
129830 | USD |
| CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
28303659 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
32273298 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
28303659 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
32273298 | shares |
| CY2013 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8938900 | shares |
| CY2012Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
451374 | USD |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
18749470 | USD |
| CY2013 | nete |
Terminals Acquired Amount Net
TerminalsAcquiredAmountNet
|
446658 | USD |
| CY2013 | nete |
Terminals Acquired Amount Net Held With Merchants
TerminalsAcquiredAmountNetHeldWithMerchants
|
170378 | USD |
| CY2013 | nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
13093 | USD |
| CY2013 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
11200000 | USD |
| CY2012 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1384852 | USD |
| CY2012 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
832909 | USD |
| CY2013 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
13374669 | USD |
| CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
12088602 | USD |
| CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
28166387 | USD |
| CY2012 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
1638032 | USD |
| CY2012 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
| CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
266006 | USD |
| CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2242504 | USD |
| CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
14825549 | USD |
| CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
63495922 | USD |
| CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13440697 | USD |
| CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-44746452 | USD |
| CY2012 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
370568 | USD |
| CY2013 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-2979102 | USD |
| CY2012 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2346 | USD |
| CY2013 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-160182 | USD |
| CY2012 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-13223466 | USD |
| CY2013 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-48099020 | USD |
| CY2012 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-133360 | USD |
| CY2013 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1129319 | USD |
| CY2012 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-3299825 | USD |
| CY2013 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1339646 | USD |
| CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16389931 | USD |
| CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-48309347 | USD |
| CY2012 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-16113474 | USD |
| CY2013 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-48758462 | USD |
| CY2012 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.62 | |
| CY2013 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-1.65 | |
| CY2012 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.15 | |
| CY2013 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.05 | |
| CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.77 | |
| CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.70 | |
| CY2012 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
21360837 | shares |
| CY2013 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
28470169 | shares |
| CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
10800000 | USD |
| CY2013Q4 | nete |
Working Capital Deficit
WorkingCapitalDeficit
|
8000000 | USD |
| CY2012Q4 | nete |
Convertible Securities Exercise Price
ConvertibleSecuritiesExercisePrice
|
0.025 | |
| CY2013Q2 | nete |
Percentage Of Common Stock Issued And Outstanding
PercentageOfCommonStockIssuedAndOutstanding
|
0.1 | pure |
| CY2012Q4 | us-gaap |
Business Acquisition Share Price
BusinessAcquisitionSharePrice
|
0.25 | |
| 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 holders 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. | |
| CY2013 | 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. | |
| CY2012 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
27630 | USD |
| CY2013 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
14484 | USD |
| CY2012 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-3335780 | USD |
| CY2013 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-1339646 | USD |
| CY2012 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
35955 | USD |
| CY2013 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | 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
|
29056 | 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 |
Net Assets Of Disposal Group Including Discontinued Operation
NetAssetsOfDisposalGroupIncludingDiscontinuedOperation
|
-30652 | USD |
| CY2013 | nete |
Capital Contribution
CapitalContribution
|
1259000 | USD |
| CY2012Q4 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
891475 | USD |
| CY2013Q4 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
1834302 | USD |
| CY2012Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
6088934 | USD |
| CY2013Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
0 | USD |
| CY2012 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6240196 | USD |
| CY2012 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
136176 | USD |
| CY2013 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2100267 | USD |
| CY2013 | nete |
Finite Lived Intangible Assets Divested
FiniteLivedIntangibleAssetsDivested
|
109653 | USD |
| CY2013 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
872354 | USD |
| nete |
Provision For Doubtful Other Receivables
ProvisionForDoubtfulOtherReceivables
|
6700000 | USD | |
| CY2013 | nete |
Additional Technology Services Costs
AdditionalTechnologyServicesCosts
|
423179 | USD |
| CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2111303 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
628991 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
490712 | USD |
| CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
367232 | USD |
| CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
353445 | USD |
| CY2013 | us-gaap |
Depreciation
Depreciation
|
140046 | USD |
| CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
119963 | USD |
| CY2012 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
127883 | USD |
| CY2013 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
5935028 | USD |
| CY2013 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16549820 | USD |
| 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 Line Of Credit Maximum Lending Exposure
NotesReceivableLineOfCreditMaximumLendingExposure
|
300000000 | RUB |
| CY2012Q3 | nete |
Notes Receivable Line Of Credit Maximum Lending Exposure
NotesReceivableLineOfCreditMaximumLendingExposure
|
9800000 | USD |
| CY2012Q3 | nete |
Notes Receivable Interest Rate Fixed Percentage
NotesReceivableInterestRateFixedPercentage
|
0.1 | pure |
| CY2012Q3 | nete |
Notes Receivable Effective Interest Rate
NotesReceivableEffectiveInterestRate
|
0.4 | pure |
| CY2012Q3 | nete |
Financing Receivable Maturity Date
FinancingReceivableMaturityDate
|
2013-10-01 | |
| CY2012Q4 | nete |
Financing Receivable Interest Rate Fixed Percentage
FinancingReceivableInterestRateFixedPercentage
|
0.0175 | pure |
| CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
111670 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2964424 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1985630 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
|
643332 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
|
166247 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
|
56405 | USD |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
|
112810 | USD |
| CY2013 | us-gaap |
Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
|
straight-line basis | |
| CY2013Q3 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
0 | USD |
| CY2012Q4 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
1800000 | USD |
| CY2012 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
0 | USD |
| CY2013 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-321643 | USD |
| CY2012 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1638032 | USD |
| CY2013 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
7640008 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
9662532 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
562294 | USD |
| CY2012 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
5327033 | USD |
| CY2013 | us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
3267679 | USD |
| CY2012 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
228155 | USD |
| CY2013 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1952570 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-617800 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2268233 | USD |
| CY2012 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
388001 | USD |
| CY2013 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
429556 | USD |
| CY2012 | nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Continued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromContinuedOperations
|
-7264845 | USD |
| CY2013 | nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Continued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromContinuedOperations
|
38195753 | USD |
| CY2012 | nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Discontinued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromDiscontinuedOperations
|
-1522970 | USD |
| CY2013 | nete |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities From Discontinued Operations
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesFromDiscontinuedOperations
|
-1018003 | USD |
| CY2012 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-8787815 | USD |
| CY2013 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
37177750 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-25177746 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10809954 | USD |
| CY2012 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
5601183 | USD |
| CY2013 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
4920510 | USD |
| CY2012 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD |
| CY2013 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
46113 | USD |
| CY2012 | nete |
Capitalized Web Development And Patent Costs
CapitalizedWebDevelopmentAndPatentCosts
|
67583 | USD |
| CY2013 | nete |
Capitalized Web Development And Patent Costs
CapitalizedWebDevelopmentAndPatentCosts
|
0 | USD |
| CY2012 | nete |
Decrease In Fixed Assets
DecreaseInFixedAssets
|
388836 | USD |
| CY2013 | nete |
Decrease In Fixed Assets
DecreaseInFixedAssets
|
-67266 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-7436828 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
4102891 | USD |
| CY2012 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-1262429 | USD |
| CY2013 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
0 | USD |
| CY2012 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
28811 | USD |
| CY2013 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD |
| CY2012 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
75000 | USD |
| CY2013 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
75000 | USD |
| CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
35825517 | USD |
| CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3149007 | USD |
| CY2012 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
276457 | USD |
| CY2013 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
137588 | USD |
| CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3487400 | USD |
| CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-3420468 | USD |
| CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
59387 | USD |
| CY2012 | us-gaap |
Interest Paid
InterestPaid
|
706158 | USD |
| CY2013 | us-gaap |
Interest Paid
InterestPaid
|
1635360 | USD |
| CY2012 | nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equityinstrument Consideration Value Sharesissued And Outstanding
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityinstrumentConsiderationValueSharesissuedAndOutstanding
|
0 | USD |
| CY2013 | nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equityinstrument Consideration Value Sharesissued And Outstanding
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityinstrumentConsiderationValueSharesissuedAndOutstanding
|
609000 | USD |
| CY2012 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
0 | USD |
| CY2013 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
20631000 | USD |
| CY2012 | nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Total
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueTotal
|
0 | USD |
| CY2013 | nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Total
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueTotal
|
21240000 | USD |
| CY2012 | nete |
Non Cash Or Part Non Cash Acquisition Non Cash Financial Or Equity Instrument Consideration Value Restricted Shares Issued1
NonCashOrPartNonCashAcquisitionNonCashFinancialOrEquityInstrumentConsiderationValueRestrictedSharesIssued1
|
0 | USD |
| CY2013 | nete |
Non Cash Or Part Non Cash Acquisition Non Cash Financial Or Equity Instrument Consideration Value Restricted Shares Issued1
NonCashOrPartNonCashAcquisitionNonCashFinancialOrEquityInstrumentConsiderationValueRestrictedSharesIssued1
|
718750 | USD |
| CY2012 | us-gaap |
Notes Issued1
NotesIssued1
|
0 | USD |
| CY2013 | us-gaap |
Notes Issued1
NotesIssued1
|
2000000 | USD |
| CY2012Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
470382 | USD |
| CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
711340 | USD |
| CY2012Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
221311 | USD |
| CY2013Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
261311 | USD |
| CY2012Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
39421 | USD |
| CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
196396 | USD |
| CY2012Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
36816 | USD |
| CY2013Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
282804 | USD |
| CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
142092 | USD |
| CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
176772 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
21071624 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3816093 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
17255531 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
3816093 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
2411407 | USD |
| CY2013 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
32273298 | shares |
| CY2013 | dei |
Entity Registrant Name
EntityRegistrantName
|
Net Element, Inc. | |
| CY2013 | dei |
Trading Symbol
TradingSymbol
|
NETE | |
| CY2013Q4 | nete |
Longterm Debt Maturities Repayments Of Principal Total
LongtermDebtMaturitiesRepaymentsOfPrincipalTotal
|
23241558 | USD |
| CY2013Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
1451357 | USD |
| CY2012Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
1333333 | USD |
| CY2012Q4 | us-gaap |
Share Price
SharePrice
|
13.60 | |
| CY2012Q4 | us-gaap |
Share Price
SharePrice
|
10.00 | |
| CY2012Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
6.00 | |
| CY2012 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
806667 | USD |
| CY2012 | us-gaap |
Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
|
2500000 | USD |
| CY2013 | nete |
Stock Issued In Noncash Or Part Non Cash Acquisition Percentage1
StockIssuedInNoncashOrPartNonCashAcquisitionPercentage1
|
0.1 | pure |
| CY2013Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
8938900 | shares |
| CY2013 | nete |
Class Of Warrant Or Right Exercises During Period
ClassOfWarrantOrRightExercisesDuringPeriod
|
1100 | shares |
| CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P3Y9M | |
| CY2013Q4 | nete |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
|
7.50 | |
| CY2013 | dei |
Document Type
DocumentType
|
10-K | |
| CY2013 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-12-31 | |
| CY2013 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001499961 | |
| CY2013 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2013 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2013 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
| CY2014Q2 | dei |
Entity Public Float
EntityPublicFloat
|
23826835 | USD |
| CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-5223624 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
6240196 | USD |
| CY2012 | nete |
Contributed Capital From Non Controling Shareholders
ContributedCapitalFromNonControlingShareholders
|
0 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
3600000 | USD |
| CY2012 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
28811 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
516055 | USD |
| CY2013 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
389344 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
21800 | USD |
| CY2012 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
0 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
24381056 | USD |
| CY2012 | us-gaap |
Profit Loss
ProfitLoss
|
-16932214 | USD |
| CY2013 | us-gaap |
Profit Loss
ProfitLoss
|
-49438666 | USD |
| CY2012 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
4100000 | USD |
| CY2013 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
482417 | USD |
| CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
155683 | USD |
| CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
213284 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
| CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-12148458 | USD |
| CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-38963263 | USD |
| CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-919325 | USD |
| CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-8922473 | USD |
| CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-13067783 | USD |
| CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-47885736 | USD |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.019 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.017 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.162 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.118 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
|
-0.016 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
|
-0.009 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.193 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.185 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.012 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.004 | pure |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
9722855 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
12343403 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
72940 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
0 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
9841545 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
17371908 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
58714 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
18626 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
13180 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
18626 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
45534 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
0 | USD |
| CY2012Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
58714 | USD |
| CY2013Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
18626 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
| CY2012Q4 | nete |
Residual Advances Current
ResidualAdvancesCurrent
|
0 | USD |
| CY2013Q4 | nete |
Residual Advances Current
ResidualAdvancesCurrent
|
240000 | USD |
| CY2013 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
7500000 | USD |
| CY2012 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
155683 | USD |
| CY2013 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
213284 | USD |
| CY2013Q4 | us-gaap |
Deferred Sales Commission
DeferredSalesCommission
|
115700 | USD |
| CY2012 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
| CY2013 | nete |
Stock Issued During Period Value Acquisitions1
StockIssuedDuringPeriodValueAcquisitions1
|
13305817 | USD |
| CY2013 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3244003 | USD |
| CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
685449 | USD |
| CY2013 | nete |
Unissued Shares Pursuant To Purchase Agreement
UnissuedSharesPursuantToPurchaseAgreement
|
329406 | USD |
| CY2012 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
150000 | USD |
| CY2013 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | USD |
| CY2012 | nete |
Share Based Compensation1
ShareBasedCompensation1
|
21800 | USD |
| CY2013 | nete |
Share Based Compensation1
ShareBasedCompensation1
|
0 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
0 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
480515 | USD |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
|
0 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
|
-0.045 | pure |
| CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
0 | pure |
| CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
-0.004 | pure |
| CY2012Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
350743 | USD |
| CY2012 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
12581592 | USD |
| CY2013 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
0 | USD |
| CY2012 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD |
| CY2013 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
380025 | USD |
| CY2012 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
| CY2013 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
458747 | USD |
| CY2012 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
9400164 | USD |
| CY2013 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
-272103 | USD |
| CY2012 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD |
| CY2013 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
2000000 | USD |
| CY2012 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
25690792 | USD |
| CY2013 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD |
| CY2012Q4 | nete |
Deferred Tax Assets Goodwill
DeferredTaxAssetsGoodwill
|
0 | USD |
| CY2013Q4 | nete |
Deferred Tax Assets Goodwill
DeferredTaxAssetsGoodwill
|
3917676 | USD |
| CY2012Q4 | nete |
Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
|
104464 | USD |
| CY2013Q4 | nete |
Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
|
648940 | USD |
| CY2012 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
4100000 | USD |
| CY2013 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD |
| CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
76197 | USD |
| CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
196425 | USD |
| CY2012 | nete |
Treasury Stock Retirement Obligations Through Noncash Transaction
TreasuryStockRetirementObligationsThroughNoncashTransaction
|
2641640 | USD |
| CY2013 | nete |
Treasury Stock Retirement Obligations Through Noncash Transaction
TreasuryStockRetirementObligationsThroughNoncashTransaction
|
0 | USD |
| CY2012 | us-gaap |
Stock Issued1
StockIssued1
|
3600000 | USD |
| CY2013 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
| CY2012Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1265597 | USD |
| CY2013Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
2169934 | USD |
| CY2013 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
200000 | USD |
| CY2013 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P24M |
