2014 Q4 Form 10-Q Financial Statement
#000114420414067821 Filed on November 13, 2014
Income Statement
| Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
|---|---|---|---|
| Revenue | $5.450M | $6.027M | $6.521M |
| YoY Change | -5.22% | -7.57% | 3720.23% |
| Cost Of Revenue | $4.290M | $4.718M | $4.646M |
| YoY Change | -1.15% | 1.54% | 17258.11% |
| Gross Profit | $1.160M | $1.309M | $1.875M |
| YoY Change | -18.31% | -30.16% | 1202.45% |
| Gross Profit Margin | 21.28% | 21.72% | 28.75% |
| Selling, General & Admin | $3.380M | $2.590M | $3.450M |
| YoY Change | -82.44% | -24.93% | 115.63% |
| % of Gross Profit | 291.38% | 197.84% | 184.04% |
| Research & Development | -$20.00K | $20.00K | |
| YoY Change | -200.0% | 100.0% | |
| % of Gross Profit | -1.53% | 1.07% | |
| Depreciation & Amortization | $460.0K | $684.5K | $797.0K |
| YoY Change | -41.77% | -14.11% | 1377.62% |
| % of Gross Profit | 39.66% | 52.29% | 42.52% |
| Operating Expenses | $3.880M | $7.972M | $8.909M |
| YoY Change | -80.67% | -10.52% | 424.75% |
| Operating Profit | -$2.720M | -$1.945M | -$2.388M |
| YoY Change | -85.42% | -18.56% | 56.39% |
| Interest Expense | -$80.00K | -$790.0K | $973.3K |
| YoY Change | -91.49% | -181.17% | -336.07% |
| % of Operating Profit | |||
| Other Income/Expense, Net | -$50.00K | -$57.60K | -$80.02K |
| YoY Change | -600.0% | -28.01% | 60.04% |
| Pretax Income | -$2.960M | -$4.970M | -$3.441M |
| YoY Change | -85.94% | 44.42% | 194.14% |
| Income Tax | $0.00 | $0.00 | |
| % Of Pretax Income | |||
| Net Earnings | -$2.980M | -$4.960M | -$3.870M |
| YoY Change | -85.79% | 28.19% | 113.28% |
| Net Earnings / Revenue | -54.68% | -82.3% | -59.34% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$1.491K | -$2.839K | -$2.537K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 45.62M shares | 38.35M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $500.0K | $1.400M | $3.900M |
| YoY Change | 400.0% | -64.1% | |
| Cash & Equivalents | $503.3K | $1.405M | $3.926M |
| Short-Term Investments | |||
| Other Short-Term Assets | $1.000M | $1.000M | $1.300M |
| YoY Change | -47.37% | -23.08% | -97.19% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $3.417M | $3.959M | $9.716M |
| Other Receivables | $0.00 | $0.00 | $200.0K |
| Total Short-Term Assets | $4.883M | $6.400M | $15.14M |
| YoY Change | -61.52% | -57.74% | -67.22% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $70.92K | $0.00 | $162.9K |
| YoY Change | -48.34% | -100.0% | |
| Goodwill | $6.672M | $6.672M | |
| YoY Change | 0.0% | ||
| Intangibles | $4.495M | ||
| YoY Change | |||
| Long-Term Investments | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Assets | $204.7K | $100.0K | |
| YoY Change | |||
| Total Long-Term Assets | $9.439M | $9.382M | $11.72M |
| YoY Change | -3.87% | -19.92% | -63730.0% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.883M | $6.400M | $15.14M |
| Total Long-Term Assets | $9.439M | $9.382M | $11.72M |
| Total Assets | $14.32M | $15.78M | $26.86M |
| YoY Change | -36.37% | -41.24% | -41.84% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $2.698M | $2.700M | $2.021M |
| YoY Change | -15.42% | 33.58% | 53.91% |
| Accrued Expenses | $2.352M | $2.400M | $2.646M |
| YoY Change | -32.51% | -9.3% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $10.16M |
| YoY Change | -100.0% | -100.0% | |
| Long-Term Debt Due | $98.49K | $100.0K | -$1.678M |
| YoY Change | -97.42% | -105.96% | |
| Total Short-Term Liabilities | $5.621M | $5.600M | $18.21M |
| YoY Change | -72.79% | -69.25% | 727.86% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $3.217M | $3.200M | $19.05M |
| YoY Change | -81.36% | -83.2% | |
| Other Long-Term Liabilities | $0.00 | ||
| YoY Change | |||
| Total Long-Term Liabilities | $3.217M | $3.200M | $19.05M |
| YoY Change | -81.36% | -83.2% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $5.621M | $5.600M | $18.21M |
| Total Long-Term Liabilities | $3.217M | $3.200M | $19.05M |
| Total Liabilities | $8.838M | $8.600M | $37.26M |
| YoY Change | -76.69% | -76.92% | 1621.57% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$129.1M | -$114.7M | |
| YoY Change | 8.56% | ||
| Common Stock | $136.7M | $106.3M | |
| YoY Change | 32.09% | 30818784.06% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $5.200M | $7.100M | -$7.700M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $14.32M | $15.80M | $26.86M |
| YoY Change | -36.37% | -41.17% | -41.84% |
Cashflow Statement
| Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$2.980M | -$4.960M | -$3.870M |
| YoY Change | -85.79% | 28.19% | 113.28% |
| Depreciation, Depletion And Amortization | $460.0K | $684.5K | $797.0K |
| YoY Change | -41.77% | -14.11% | 1377.62% |
| Cash From Operating Activities | -$710.0K | -$420.0K | -$2.320M |
| YoY Change | -84.01% | -81.9% | -63.0% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $740.0K | $10.00K | -$20.00K |
| YoY Change | 94.74% | -150.0% | -33.33% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $300.0K | -$80.00K | $20.00K |
| YoY Change | -1100.0% | -500.0% | |
| Cash From Investing Activities | -$450.0K | -$80.00K | $40.00K |
| YoY Change | 9.76% | -300.0% | 33.33% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 2.760M | 1.010M | 4.070M |
| YoY Change | 220.93% | -75.18% | -44.85% |
| NET CHANGE | |||
| Cash From Operating Activities | -710.0K | -420.0K | -2.320M |
| Cash From Investing Activities | -450.0K | -80.00K | 40.00K |
| Cash From Financing Activities | 2.760M | 1.010M | 4.070M |
| Net Change In Cash | 1.600M | 510.0K | 1.790M |
| YoY Change | -140.1% | -71.51% | 57.02% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$710.0K | -$420.0K | -$2.320M |
| Capital Expenditures | $740.0K | $10.00K | -$20.00K |
| Free Cash Flow | -$1.450M | -$430.0K | -$2.300M |
| YoY Change | -69.92% | -81.3% | -63.14% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| 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;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt">Use of Estimates</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; 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 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;TEXT-INDENT: 0.5in; 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 indeterminate-lived assets, (iii) the remaining useful lives of long-lived assets, and (iv) the sufficiency of merchant, aggregator, legal, and other reserves. On an ongoing basis, we evaluate the sufficiency and accuracy of our 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> | ||
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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;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt"> Concentrations</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; 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">Our total net revenue was $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">15,782,475</font> for the nine months ended September 30, 2014. Of this amount, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">14,234,441</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">1,548,033</font> was derived from processing of mobile electronic payments.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; 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 transaction processing revenues were derived from processing merchant customer transactions, which are processed primarily by two “third-party” processing networks. For the nine months ended September 30, 2014, we processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 60.62</font>% of total revenue with Total System Services, Inc. (TSYS) as a settlement platform using Cynergy Data, LLC (Cynergy) as a conduit to TSYS, and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 25.43</font>% with Vantiv, Inc. (Vantiv) as a settlement platform.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; 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">Our mobile electronic payment revenues were derived from merchant customer transactions, which are processed primarily by two mobile operators. For the nine months ended September 30, 2014, we processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 3.97</font>% of its total revenue with Beeline, and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 3.97</font>% with Mobile TeleSystems OJSC (MTS).</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
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Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt">Reclassification of Prior Period Presentation</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; size: 8.5in 11.0in" 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; size: 8.5in 11.0in" align="justify"><font style="FONT-SIZE: 10pt">Certain prior period amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
| CY2013 | nete |
Terminals Acquired Amount Net
TerminalsAcquiredAmountNet
|
446658 | USD |
| nete |
Terminals Acquired Amount Net
TerminalsAcquiredAmountNet
|
493599 | USD | |
| CY2013 | nete |
Terminals Acquired Amount Net Held With Merchants
TerminalsAcquiredAmountNetHeldWithMerchants
|
170378 | USD |
| CY2013Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
46000 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3315000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
21071624 | USD |
| CY2014Q3 | nete |
Cash Fdic Insured Amount Cash Noninterest Bearing Transaction Accounts
CashFdicInsuredAmountCashNoninterestBearingTransactionAccounts
|
250000 | USD |
| CY2014Q3 | nete |
Cash Insured Amount Exceed Fdic Limits
CashInsuredAmountExceedFdicLimits
|
800000 | USD |
| CY2014Q3 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
114503 | USD |
| nete |
Terminals Acquired Amount Net Held With Merchants
TerminalsAcquiredAmountNetHeldWithMerchants
|
325021 | USD | |
| nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
572 | USD | |
| nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
72038 | USD | |
| CY2013Q3 | nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
572 | USD |
| CY2014Q3 | nete |
Terminals Amortization Amount Net
TerminalsAmortizationAmountNet
|
26667 | USD |
| CY2014Q3 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
489997 | USD |
| CY2013Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
451374 | USD |
| CY2014Q3 | us-gaap |
Deferred Sales Commission
DeferredSalesCommission
|
28922 | USD |
| CY2013Q4 | us-gaap |
Deferred Sales Commission
DeferredSalesCommission
|
115700 | USD |
| CY2013 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
872354 | USD |
| us-gaap |
Property Plant And Equipment Depreciation Methods
PropertyPlantAndEquipmentDepreciationMethods
|
straight-line | ||
| us-gaap |
Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
|
straight-line | ||
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
15782475 | USD | |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8398900 | shares | |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8398900 | shares | |
| CY2014Q3 | nete |
Working Capital Deficit
WorkingCapitalDeficit
|
800000 | USD |
| CY2014Q2 | us-gaap |
Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
|
0.1 | pure |
| us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
11200000 | USD | |
| CY2013 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
1259000 | USD |
| us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
14484 | USD | |
| CY2013Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
17395 | USD |
| us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
1339646 | USD | |
| CY2013Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
694139 | USD |
| us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD | |
| CY2013Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
12996538 | USD | |
| CY2013Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6520788 | USD |
| CY2014Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
6026961 | USD |
| us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
9036826 | USD | |
| us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
11591435 | USD | |
| CY2013Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
4646245 | USD |
| CY2014Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
4717855 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9193026 | USD | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
12218193 | USD | |
| CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2928528 | USD |
| CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6531751 | USD |
| us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
6736302 | USD | |
| us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
-1302554 | USD | |
| CY2013Q3 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
537230 | USD |
| CY2014Q3 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
136150 | USD |
| us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
11200000 | USD | |
| us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
| CY2013Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
| CY2014Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1449659 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1900995 | USD | |
| CY2013Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
796985 | USD |
| CY2014Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
684503 | USD |
| us-gaap |
Operating Expenses
OperatingExpenses
|
37615813 | USD | |
| us-gaap |
Operating Expenses
OperatingExpenses
|
24408069 | USD | |
| CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
8908988 | USD |
| CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
12070259 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-24619275 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8625594 | USD | |
| CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2388200 | USD |
| CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6043298 | USD |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-2043353 | USD | |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-3622225 | USD | |
| CY2013Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-973256 | USD |
| CY2014Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-790490 | USD |
| us-gaap |
Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
|
0 | USD | |
| us-gaap |
Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
|
5569158 | USD | |
| CY2013Q3 | us-gaap |
Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
|
0 | USD |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
| CY2014Q3 | us-gaap |
Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
|
0 | USD |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-6184219 | USD | |
| CY2013Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
| CY2014Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2221813 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-26831137 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-11355960 | USD | |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3441475 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-9068747 | USD |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
| CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
| us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-26831137 | USD | |
| us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-11355960 | USD | |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-3441475 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-9068747 | USD |
| us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-835642 | USD | |
| us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
0 | USD | |
| us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
1596000 | USD | |
| CY2013Q3 | us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
0 | USD |
| CY2014Q3 | us-gaap |
Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
|
0 | USD |
| us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1
|
0 | USD | |
| us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1
|
16137 | USD | |
| CY2013Q3 | us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1
|
0 | USD |
| CY2014Q3 | us-gaap |
Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1
AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1
|
44456 | USD |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-168509 | USD | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-105217 | USD | |
| CY2013Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-80019 | USD |
| CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-57602 | USD |
| us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-51567 | USD | |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-266001 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-9912 | USD |
| us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-25995495 | USD | |
| us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-11304393 | USD | |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3175474 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-9058835 | USD |
| us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-1018003 | USD | |
| us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
0 | USD | |
| CY2013Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-372496 | USD |
| CY2014Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
0 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-27335141 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-11304393 | USD | |
| CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3869613 | USD |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9058835 | USD |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-101761 | USD | |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
887400 | USD | |
| CY2013Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
162997 | USD |
| CY2014Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-273679 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-27436902 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-10416993 | USD | |
| CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3706616 | USD |
| CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9332514 | USD |
| us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.92 | ||
| us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.27 | ||
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.11 | |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.23 | |
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.05 | ||
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0 | ||
| CY2013Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.02 | |
| CY2014Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0 | |
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.97 | ||
| CY2014Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
65613 | USD |
| CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
353445 | USD |
| us-gaap |
Depreciation
Depreciation
|
113250 | USD | |
| CY2014Q3 | us-gaap |
Depreciation
Depreciation
|
18154 | USD |
| CY2014Q1 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
86779 | USD |
| us-gaap |
Depreciation
Depreciation
|
76012 | USD | |
| CY2013Q3 | us-gaap |
Depreciation
Depreciation
|
42964 | USD |
| CY2014Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
3958769 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
10619289 | USD |
| CY2014Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
103030 | USD |
| CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
2111303 | USD |
| CY2014Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
110371 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
490712 | USD |
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.27 | ||
| CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.13 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.23 | |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
28173573 | shares | |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
42096721 | shares | |
| CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
28163337 | shares |
| CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39631037 | shares |
| CY2014Q3 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
0 | USD |
| CY2013Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
1834302 | USD |
| CY2014Q3 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
|
1834302 | USD |
| CY2014Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
0 | USD |
| CY2013Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
0 | USD |
| CY2014Q2 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
1160277 | USD |
| CY2014Q3 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
136675 | USD |
| CY2014Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
595655 | USD |
| CY2014Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
666350 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2488225 | USD |
| CY2014Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3052847 | USD |
| CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
|
1031135 | USD |
| CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
|
639799 | USD |
| CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
|
331727 | USD |
| CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
|
112810 | USD |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1336409 | USD | |
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1824983 | USD | |
| CY2013Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
754021 | USD |
| us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P24M | ||
| CY2013Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
225000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5373954 | USD | |
| CY2013Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
75000 | USD |
| CY2014Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4621436 | USD |
| CY2014Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
267840 | USD |
| CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
711340 | USD |
| CY2014Q3 | us-gaap |
Accounts Payable Interest Bearing Current
AccountsPayableInterestBearingCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Accounts Payable Interest Bearing Current
AccountsPayableInterestBearingCurrent
|
240000 | USD |
| CY2014Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
0 | USD |
| CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
350743 | USD |
| CY2014Q3 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
39642 | USD |
| CY2013Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
261311 | USD |
| CY2014Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
-9146 | USD |
| CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
233683 | USD |
| CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
233376 | USD |
| CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
196396 | USD |
| CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
0 | USD |
| CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
0 | USD |
| CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
67907 | USD |
| CY2014Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
38970 | USD |
| CY2013Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
282804 | USD |
| CY2014Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1367083 | USD |
| CY2013Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1265597 | USD |
| CY2014Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
709029 | USD |
| CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
176772 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
-3816093 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
17255531 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
606567 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
755512 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
867484 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
996051 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
89386 | USD |
| CY2014Q3 | nete |
Longterm Debt Maturities Repayments Of Principal Total
LongtermDebtMaturitiesRepaymentsOfPrincipalTotal
|
3315000 | USD |
| CY2014Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
0 | USD |
| CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
534965 | USD |
| CY2014Q3 | nete |
Contingent Consideration Payable On Redemption Of Warants
ContingentConsiderationPayableOnRedemptionOfWarants
|
500000 | USD |
| CY2013Q4 | us-gaap |
Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
|
0.1 | pure |
| CY2012Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
2500000 | USD |
| CY2013 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
13305817 | USD |
| CY2014Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
7.50 | |
| nete |
Warants Expiration Date
WarantsExpirationDate
|
2017-10-02 | ||
| nete |
Warrants Redemption Price
WarrantsRedemptionPrice
|
0.01 | ||
| nete |
Warrant Redemption Subject To Conditions
WarrantRedemptionSubjectToConditions
|
if, and only if, the last reported sale price of our common stock on The NASDAQ Capital Market equals or exceeds $15.00 per share for any 20 trading days within a 30 trading day period ending on the third business day prior to the notice of redemption to Warrant holders | ||
| nete |
Depreciation Depletion And Amortization Including Foreign Curreny Adjustment
DepreciationDepletionAndAmortizationIncludingForeignCurrenyAdjustment
|
1449659 | USD | |
| nete |
Depreciation Depletion And Amortization Including Foreign Curreny Adjustment
DepreciationDepletionAndAmortizationIncludingForeignCurrenyAdjustment
|
1900995 | USD | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
6736302 | USD | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-1640110 | USD | |
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD | |
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1644626 | USD | |
| nete |
Net Income Loss Attributable To Noncontrolling Interest Including Foreign Curreny Adjustment
NetIncomeLossAttributableToNoncontrollingInterestIncludingForeignCurrenyAdjustment
|
-835642 | USD | |
| nete |
Net Income Loss Attributable To Noncontrolling Interest Including Foreign Curreny Adjustment
NetIncomeLossAttributableToNoncontrollingInterestIncludingForeignCurrenyAdjustment
|
376059 | USD | |
| us-gaap |
Deferred Revenue Period Increase Decrease
DeferredRevenuePeriodIncreaseDecrease
|
0 | USD | |
| us-gaap |
Deferred Revenue Period Increase Decrease
DeferredRevenuePeriodIncreaseDecrease
|
26310 | USD | |
| us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD | |
| us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-16137 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1620499 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-8274683 | USD | |
| us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
0 | USD | |
| us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-923016 | USD | |
| us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
520000 | USD | |
| us-gaap |
Increase Decrease In Notes Receivable Current
IncreaseDecreaseInNotesReceivableCurrent
|
0 | 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
|
270642 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1543485 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-310965 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1272562 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1344115 | USD | |
| us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
0 | USD | |
| us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
8454027 | USD | |
| nete |
Proceeds From Indebtedness
ProceedsFromIndebtedness
|
0 | USD | |
| nete |
Proceeds From Indebtedness
ProceedsFromIndebtedness
|
8879898 | USD | |
| us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD | |
| us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
-3112775 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-2056821 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1069530 | 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
|
14263594 | 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
|
0 | 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
|
14263594 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6366221 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2959201 | 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 | |
| us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
46966 | USD | |
| us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
-5019 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
4513458 | USD | |
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
482400 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
| us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
38591 | USD | |
| us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
0 | 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
|
-2686904 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-61441 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
2350870 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
378978 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1279052 | USD | |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3546787 | USD |
| CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3925765 | USD |
| us-gaap |
Interest Paid
InterestPaid
|
1038125 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
1338402 | USD | |
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
296844 | USD | |
| nete |
Non Cash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Shares Issued And Outstanding
NonCashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueSharesIssuedAndOutstanding
|
609000 | USD | |
| nete |
Non Cash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Shares Issued 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 |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Restricted Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueRestrictedSharesIssued1
|
718750 | USD | |
| nete |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Value Restricted Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueRestrictedSharesIssued1
|
0 | USD | |
| CY2014Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1200000 | USD |
| CY2014Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
18500000 | USD |
| us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
0 | USD | |
| us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
57602 | USD | |
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1339646 | USD | |
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | USD | |
| CY2013Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-694139 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | 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 |
Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
|
-321643 | USD |
| CY2014Q3 | us-gaap |
Discontinued Operation Amount Of Other Income Loss From Disposition Of Discontinued Operation Net Of Tax
DiscontinuedOperationAmountOfOtherIncomeLossFromDispositionOfDiscontinuedOperationNetOfTax
|
0 | USD |
| CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
407701 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | USD |
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
Net Element, Inc. | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001499961 | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
| dei |
Trading Symbol
TradingSymbol
|
NETE | ||
| CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
45622111 | 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 | |
| us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
75000 | USD | |
| us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD | |
| us-gaap |
Notes Issued1
NotesIssued1
|
2000000 | USD | |
| us-gaap |
Notes Issued1
NotesIssued1
|
0 | USD | |
| CY2014Q3 | nete |
Operating Loss Carryforwards On Absent Of Additional Ownership Change
OperatingLossCarryforwardsOnAbsentOfAdditionalOwnershipChange
|
1300000 | USD |
| us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
755170 | USD | |
| us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
0 | USD | |
| us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
0 | USD | |
| us-gaap |
Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
|
1339096 | USD |
