$MULN
MULLEN AUTOMOTIVE INC. Stock $muln

$muln Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-K Financial Statement

#000114420416091542 Filed on March 30, 2016

Income Statement

Concept	2016 Q1	2015 Q4	2015
Revenue	$11.26M	$15.11M	$40.24M
YoY Change	103.26%	177.25%	89.46%
Cost Of Revenue	$9.385M	$13.19M	$33.98M
YoY Change	103.4%	207.46%	113.35%
Gross Profit	$1.876M	$1.920M	$6.258M
YoY Change	102.54%	65.52%	17.84%
Gross Profit Margin	16.66%	12.71%	15.55%
Selling, General & Admin	$2.700M	$5.260M	$14.27M
YoY Change	1.89%	55.62%	39.9%
% of Gross Profit	143.94%	273.96%	228.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$888.1K	$590.0K	$2.513M
YoY Change	102.41%	28.26%	6.57%
% of Gross Profit	47.35%	30.73%	40.16%
Operating Expenses	$12.97M	$5.850M	$50.76M
YoY Change	68.51%	50.77%	304.44%
Operating Profit	-$1.713M	-$3.930M	-$10.52M
YoY Change	-20.66%	44.49%	45.17%
Interest Expense	$0.00	-$28.44M	$0.00
YoY Change	-100.0%	35450.0%	-100.0%
% of Operating Profit
Other Income/Expense, Net	-$21.82K	-$30.00K	-$82.71K
YoY Change	-175.05%	-40.0%	-46.78%
Pretax Income	-$1.886M	-$4.770M	-$13.33M
YoY Change	-16.12%	61.15%	30.48%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$1.848M	-$5.180M	-$13.25M
YoY Change	-17.48%	73.83%	30.12%
Net Earnings / Revenue	-16.41%	-34.28%	-32.94%
Basic Earnings Per Share
Diluted Earnings Per Share	-$185.00	-$1.242K	-$5.224K
COMMON SHARES
Basic Shares Outstanding	113.0M shares	80.00M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q1	2015 Q4	2015
SHORT-TERM ASSETS
Cash & Short-Term Investments	$700.0K	$1.000M	$1.000M
YoY Change	-12.5%	100.0%	100.0%
Cash & Equivalents	$202.1K	$1.026M
Short-Term Investments
Other Short-Term Assets	$1.300M	$1.100M	$1.100M
YoY Change	62.5%	10.0%	10.0%
Inventory
Prepaid Expenses
Receivables	$4.425M	$5.199M	$5.200M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$6.500M	$7.331M	$7.300M
YoY Change	35.48%	50.12%	48.98%
LONG-TERM ASSETS
Property, Plant & Equipment	$200.0K	$162.1K	$200.0K
YoY Change	228.68%	128.61%	100.0%
Goodwill		$9.644M
YoY Change		44.55%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$389.7K	$353.1K	$400.0K
YoY Change	73.05%	72.44%	100.0%
Total Long-Term Assets	$15.12M	$15.58M	$15.60M
YoY Change	63.74%	65.08%	65.96%
TOTAL ASSETS
Total Short-Term Assets	$6.500M	$7.331M	$7.300M
Total Long-Term Assets	$15.12M	$15.58M	$15.60M
Total Assets	$21.62M	$22.91M	$22.90M
YoY Change	54.08%	59.98%	60.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.100M	$5.859M	$5.900M
YoY Change	50.05%	117.13%	118.52%
Accrued Expenses	$3.131M	$2.975M	$2.800M
YoY Change	31.98%	26.5%	16.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$200.0K
YoY Change
Long-Term Debt Due	$600.0K	$518.4K	$500.0K
YoY Change	-288.44%	426.37%	400.0%
Total Short-Term Liabilities	$10.59M	$10.43M	$10.40M
YoY Change	59.18%	85.48%	85.71%
LONG-TERM LIABILITIES
Long-Term Debt	$3.500M	$3.447M	$3.400M
YoY Change	-4.02%	7.15%	6.25%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$3.500M	$3.447M	$3.400M
YoY Change	-4.02%	7.15%	6.25%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.59M	$10.43M	$10.40M
Total Long-Term Liabilities	$3.500M	$3.447M	$3.400M
Total Liabilities	$14.06M	$13.87M	$14.10M
YoY Change	36.51%	56.97%	54.95%
SHAREHOLDERS EQUITY
Retained Earnings	-$145.8M	-$144.0M
YoY Change		11.49%
Common Stock	$154.8M	$154.4M
YoY Change	12.75%	12.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.400M	$8.800M	$8.800M
YoY Change
Total Liabilities & Shareholders Equity	$21.62M	$22.91M	$22.90M
YoY Change	54.08%	59.98%	60.14%

Cashflow Statement

Concept	2016 Q1	2015 Q4	2015
OPERATING ACTIVITIES
Net Income	-$1.848M	-$5.180M	-$13.25M
YoY Change	-17.48%	73.83%	30.12%
Depreciation, Depletion And Amortization	$888.1K	$590.0K	$2.513M
YoY Change	102.41%	28.26%	6.57%
Cash From Operating Activities	-$950.0K	$1.820M	-$1.690M
YoY Change	458.82%	-356.34%	-174.98%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$100.0K	$579.2K
YoY Change	-100.0%	-86.49%	-22.87%
Acquisitions
YoY Change
Other Investing Activities		-$420.0K	-$3.770M
YoY Change		-240.0%	262.5%
Cash From Investing Activities	-$400.0K	-$520.0K	-$4.350M
YoY Change	3900.0%	15.56%	143.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	990.0K	-320.0K	6.480M
YoY Change	28.57%	-111.59%	9157.14%
NET CHANGE
Cash From Operating Activities	-950.0K	1.820M	-1.690M
Cash From Investing Activities	-400.0K	-520.0K	-4.350M
Cash From Financing Activities	990.0K	-320.0K	6.480M
Net Change In Cash	-360.0K	980.0K	440.0K
YoY Change	-161.02%	-38.75%	-80.48%
FREE CASH FLOW
Cash From Operating Activities	-$950.0K	$1.820M	-$1.690M
Capital Expenditures	$0.00	$100.0K	$579.2K
Free Cash Flow	-$950.0K	$1.720M	-$2.269M
YoY Change	437.18%	-218.62%	-250.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-13327926	USD
CY2015	us-gaap	Profit Loss ProfitLoss	-13327926	USD
CY2015	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-74314	USD
CY2015	us-gaap	Net Income Loss NetIncomeLoss	-13253612	USD
CY2015	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.23
CY2014	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-1080911	USD
CY2014	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	37255052	shares
CY2015	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2513162	USD
CY2014	us-gaap	Share Based Compensation ShareBasedCompensation	4267334	USD
CY2014	nete	Gain Loss Due To Change In Fair Value And Settlement Of Beneficial Conversion Derivative GainLossDueToChangeInFairValueAndSettlementOfBeneficialConversionDerivative	5569158	USD
CY2014	nete	Net Income Loss Attributable To Noncontrolling Interest Including Foreign Curreny Adjustment NetIncomeLossAttributableToNoncontrollingInterestIncludingForeignCurrenyAdjustment	394286	USD
CY2014	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2358136	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-129116344	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	269762	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2492050	USD
CY2014Q4	us-gaap	Common Stock Share Subscribed But Unissued Subscriptions Receivable CommonStockShareSubscribedButUnissuedSubscriptionsReceivable	1111130	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5485045	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	14322669	USD
CY2014Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	3216507	USD
CY2014Q4	us-gaap	Liabilities Liabilities	8837624	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1251461	USD
CY2015	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	13616781	USD
CY2014	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2358136	USD
CY2015	us-gaap	Operating Income Loss OperatingIncomeLoss	-10521367	USD
CY2015	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2513162	USD
CY2015	us-gaap	Operating Expenses OperatingExpenses	50756729	USD
CY2014	us-gaap	Operating Income Loss OperatingIncomeLoss	-7247453	USD
CY2015	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	649571	USD
CY2015	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-3575698	USD
CY2015	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15153065	USD
CY2015	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-82714	USD
CY2014	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-314361	USD
CY2014	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-11266427	USD
CY2015	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	63911199	shares
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10214766	USD
CY2014	us-gaap	Profit Loss ProfitLoss	-10214766	USD
CY2014	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-29250	USD
CY2014	us-gaap	Net Income Loss NetIncomeLoss	-10185516	USD
CY2014	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.27
CY2015	us-gaap	Gains Losses On Restructuring Of Debt GainsLossesOnRestructuringOfDebt	0	USD
CY2014	us-gaap	Gains Losses On Restructuring Of Debt GainsLossesOnRestructuringOfDebt	1596000	USD
CY2015	us-gaap	Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1 AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1	40369	USD
CY2014	us-gaap	Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1 AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1	-87151	USD
CY2015	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1585092	USD
CY2014	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	0	USD
CY2015	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-14838704	USD
CY2014	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10185516	USD
CY2015	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	-26932496	USD
CY2014	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	1039752	USD
CY2015	us-gaap	Proceeds From Sale Of Intangible Assets ProceedsFromSaleOfIntangibleAssets	300000	USD
CY2014	us-gaap	Proceeds From Sale Of Intangible Assets ProceedsFromSaleOfIntangibleAssets	0	USD
CY2015	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	0	USD
CY2014	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	5569158	USD
CY2015	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	27743980	USD
CY2014	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-6184219	USD
CY2015	nete	Net Income Loss Attributable To Noncontrolling Interest Including Foreign Curreny Adjustment NetIncomeLossAttributableToNoncontrollingInterestIncludingForeignCurrenyAdjustment	-74309	USD
CY2015	us-gaap	Share Based Compensation ShareBasedCompensation	4306304	USD
CY2014	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	445555	USD
CY2015	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-10022	USD
CY2014	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-934816	USD
CY2015	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1502205	USD
CY2014	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-6974701	USD
CY2015	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	878085	USD
CY2015	nete	Gain Loss Due To Change In Fair Value And Settlement Of Beneficial Conversion Derivative GainLossDueToChangeInFairValueAndSettlementOfBeneficialConversionDerivative	-26932495	USD
CY2015	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	3027354	USD
CY2014	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	1644626	USD
CY2015	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	0	USD
CY2014	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	1649858	USD
CY2015	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	40369	USD
CY2014	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-16137	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-1690772	USD
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	2254025	USD
CY2015	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	410730	USD
CY2014	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-968609	USD
CY2015	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	3160577	USD
CY2014	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-338618	USD
CY2015	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-291631	USD
CY2014	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	2650	USD
CY2015	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	3195452	USD
CY2014	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	USD
CY2015	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	579209	USD
CY2014	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	750936	USD
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4352746	USD
CY2014	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-1793338	USD
CY2015	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	0	USD
CY2014	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	-10088870	USD
CY2015	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	5500000	USD
CY2014	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	0	USD
CY2015	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	650000	USD
CY2014	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	-10433367	USD
CY2015	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	0	USD
CY2014	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	0	USD
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	6481273	USD
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	73602	USD
CY2015	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	84649	USD
CY2014	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-157265	USD
CY2015	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	522404	USD
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	377024	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	126319	USD
CY2015	us-gaap	Interest Paid InterestPaid	548344	USD
CY2014	us-gaap	Interest Paid InterestPaid	1109731	USD
CY2015	us-gaap	Income Taxes Paid IncomeTaxesPaid	74563	USD
CY2014	us-gaap	Income Taxes Paid IncomeTaxesPaid	38993	USD
CY2015	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	331273	USD
CY2014	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	418099	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	153702	USD
CY2014Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	122679	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	315825	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	1780738	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths	1862405	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	0	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2964424	USD
CY2014	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	1866323	USD
CY2014	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2338697	USD
CY2015	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	4325001	USD
CY2015	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2273635	USD
CY2015	nete	Finite Lived Intangible Assets Divested FiniteLivedIntangibleAssetsDivested	160750	USD
CY2015Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	79653	USD
CY2015Q4	nete	Accrued Foreign Taxes AccruedForeignTaxes	79691	USD
CY2014Q4	nete	Accrued Foreign Taxes AccruedForeignTaxes	189690	USD
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CY2015Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	200000	USD
CY2014Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	75346	USD
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CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	312111	USD
CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	193597	USD
CY2015	us-gaap	Depreciation Depreciation	129343	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	1780737	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	0	USD
CY2015	us-gaap	Conversion Of Stock Shares Converted1 ConversionOfStockSharesConverted1	39889354	shares
CY2015	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	42725207	USD
CY2014	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	27404966	USD
CY2015	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-12240344	USD
CY2014	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-8513638	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5198993	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3417173	USD
CY2015Q4	nete	Cash Fdic Insured Amount Cash Noninterest Bearing Transaction Accounts CashFdicInsuredAmountCashNoninterestBearingTransactionAccounts	250000	USD
CY2015Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	922062	USD
CY2014Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	318416	USD
CY2015	nete	Terminals Acquired Amount Net Held With Merchants TerminalsAcquiredAmountNetHeldWithMerchants	268501	USD
CY2014	nete	Terminals Acquired Amount Net TerminalsAcquiredAmountNet	532315	USD
CY2014	nete	Terminals Acquired Amount Net Held With Merchants TerminalsAcquiredAmountNetHeldWithMerchants	292718	USD
CY2015	nete	Terminals Amortization Amount Net TerminalsAmortizationAmountNet	130970	USD
CY2014	nete	Terminals Amortization Amount Net TerminalsAmortizationAmountNet	200987	USD
CY2015	nete	Terminals Acquired Amount Net TerminalsAcquiredAmountNet	345459	USD
CY2015	dei	Document Type DocumentType	10-K
CY2015	dei	Amendment Flag AmendmentFlag	false
CY2015	dei	Document Period End Date DocumentPeriodEndDate	2015-12-31
CY2015	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2015	dei	Entity Registrant Name EntityRegistrantName	Net Element, Inc.
CY2015	dei	Entity Central Index Key EntityCentralIndexKey	0001499961
CY2015	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2015	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2015	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2015	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2015	dei	Trading Symbol TradingSymbol	NETE
CY2016Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	113045246	shares
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2015	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"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <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"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The preparation of consolidated </font> <font style="FONT-SIZE: 10pt">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"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Significant estimates include (i) the valuation of acquired merchant portfolios (ii) the recoverability of long-lived assets, (iii) the remaining useful lives of long-lived assets, and (iv) the sufficiency of merchant, legal, and other reserves. On an ongoing basis, the Company evaluates the sufficiency and accuracy of its estimates. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	112619596	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	112619596	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	45881523	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	45881523	shares
CY2015	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8938900	shares
CY2015	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4306304	USD
CY2014	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4267334	USD
CY2015	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-11748447	USD
CY2015Q2	dei	Entity Public Float EntityPublicFloat	15248991	USD
CY2015	us-gaap	Segment Reporting Disclosure Of Major Customers SegmentReportingDisclosureOfMajorCustomers	In April 2013, we purchased 80% of Aptito, a cloud based Software-as-a-Service (“SaaS”) restaurant management solution
CY2015Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	1205751	USD
CY2014Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	514252	USD
CY2015Q4	us-gaap	Deferred Sales Commission DeferredSalesCommission	483090	USD
CY2014Q4	us-gaap	Deferred Sales Commission DeferredSalesCommission	175800	USD
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-11024546	USD
CY2015	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-1579479	USD
CY2014	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	809780	USD
CY2014	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.340	pure
CY2015	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.340	pure
CY2015	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.041	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.033	pure
CY2015	nete	Effective Income Tax Rate Reconciliation Debt Extinguishment Percent EffectiveIncomeTaxRateReconciliationDebtExtinguishmentPercent	0.0	pure
CY2014	nete	Effective Income Tax Rate Reconciliation Debt Extinguishment Percent EffectiveIncomeTaxRateReconciliationDebtExtinguishmentPercent	-0.084	pure
CY2015	nete	Effective Income Tax Rate Reconciliation Currency Translation Adjustment Percent EffectiveIncomeTaxRateReconciliationCurrencyTranslationAdjustmentPercent	0.039	pure
CY2014	nete	Effective Income Tax Rate Reconciliation Currency Translation Adjustment Percent EffectiveIncomeTaxRateReconciliationCurrencyTranslationAdjustmentPercent	0.037	pure
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.005	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.014	pure
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Tax Settlements Foreign EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign	0.001	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Tax Settlements Foreign EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign	-0.006	pure
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.327	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.320	pure
CY2015	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.006	pure
CY2014	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.014	pure
CY2015Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	17086460	USD
CY2014Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	14590807	USD
CY2015Q4	nete	Deferred Tax Assets Goodwill DeferredTaxAssetsGoodwill	3038988	USD
CY2014Q4	nete	Deferred Tax Assets Goodwill DeferredTaxAssetsGoodwill	3488850	USD
CY2015Q4	us-gaap	Deferred Tax Assets Property Plant And Equipment DeferredTaxAssetsPropertyPlantAndEquipment	62710	USD
CY2014Q4	us-gaap	Deferred Tax Assets Property Plant And Equipment DeferredTaxAssetsPropertyPlantAndEquipment	11815	USD
CY2015Q4	nete	Deferred Tax Assets Intangible Assets DeferredTaxAssetsIntangibleAssets	1447782	USD
CY2014Q4	nete	Deferred Tax Assets Intangible Assets DeferredTaxAssetsIntangibleAssets	1286862	USD
CY2015Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	22443203	USD
CY2014Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	19378334	USD
CY2015Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	0	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	0	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssets	0	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssets	0	USD
CY2015Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	0	USD
CY2014Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	0	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	USD
CY2014Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	USD
CY2015	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	79000	USD
CY2014	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	154036	USD
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Deductions Dividends EffectiveIncomeTaxRateReconciliationDeductionsDividends	-0.036	pure
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Deductions Dividends EffectiveIncomeTaxRateReconciliationDeductionsDividends	0.0	pure
CY2015	us-gaap	Cost Of Goods Sold Amortization CostOfGoodsSoldAmortization	2383818	USD
CY2014	us-gaap	Cost Of Goods Sold Amortization CostOfGoodsSoldAmortization	2338697	USD
CY2015	us-gaap	Technology Services Revenue TechnologyServicesRevenue	31204871	USD
CY2014	us-gaap	Technology Services Revenue TechnologyServicesRevenue	21236704	USD
CY2015	us-gaap	Sales Revenue Services Gross SalesRevenueServicesGross	9030491	USD
CY2014	us-gaap	Sales Revenue Services Gross SalesRevenueServicesGross	0	USD
CY2015	us-gaap	Sales Revenue Net SalesRevenueNet	40235362	USD
CY2014	us-gaap	Sales Revenue Net SalesRevenueNet	21236704	USD
CY2015	us-gaap	Technology Services Costs TechnologyServicesCosts	25858098	USD
CY2014	us-gaap	Technology Services Costs TechnologyServicesCosts	15925924	USD
CY2015	us-gaap	Other Cost Of Services OtherCostOfServices	8119117	USD
CY2014	us-gaap	Other Cost Of Services OtherCostOfServices	0	USD
CY2013Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	8478810	USD
CY2014Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	0	USD
CY2014	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.0	pure
CY2015Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	0	USD
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	518437	USD
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	872964	USD
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1002342	USD
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1150897	USD
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	420360	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	3965000	USD
CY2014Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	1684534	USD
CY2015	us-gaap	Dividends Preferred Stock Stock DividendsPreferredStockStock	1585092	USD
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.23
CY2015	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y11M23D
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	119194	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.34
CY2014	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P9Y11M8D
CY2014	us-gaap	Debt Conversion Converted Instrument Shares Issued1 DebtConversionConvertedInstrumentSharesIssued1	5569158	shares
CY2014	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	3962406	USD
CY2015Q4	nete	Working Capital Deficit WorkingCapitalDeficit	3100000	USD
CY2014Q2	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	106856	USD
CY2015	nete	Common Share Exercise Price Percentage CommonShareExercisePricePercentage	1.1	pure
CY2014	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2017-01-01
CY2015	us-gaap	Tax Credit Carryforward Limitations On Use TaxCreditCarryforwardLimitationsOnUse	IRC Section 382 imposes limitations on a corporation’s ability to use its NOLs when it undergoes an “ownership change.” Generally, an ownership change occurs if one or more shareholders, each of whom owns 5% or more in value of a corporation’s stock, increase their percentage ownership, in the aggregate, by more than 50% over the lowest percentage of stock owned by such shareholders at any time during the preceding three-year period. Because on June 10, 2014, we underwent an ownership change as defined by IRC Section 382, the limitation applies to us. The losses generated prior to the ownership change date (pre-change losses) are subject to the Section 382 limitation. The pre-change losses may only become available to be utilized by the Company at the rate of $2.4 million per year. Any unused losses can be carried forward, subject to their original carryforward limitation periods. In the year 2015, approximately $2.4 million in the pre-change losses was released from the Section 382 loss limitation. The Company can still fully utilize the NOLs generated after the change of the ownership, which was approximately  $5.1 million. Thus, the total of approximately $ 9.2 million as of December 31, 2015 is available to offset future income.
CY2015	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	33977215	USD
CY2015	us-gaap	Gross Profit GrossProfit	6258147	USD
CY2015	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	5488442	USD
CY2015	nete	Gross Profit Percentage GrossProfitPercentage	0.16	pure
CY2014	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	15925924	USD
CY2014	us-gaap	Gross Profit GrossProfit	5310780	USD
CY2014	nete	Gross Profit Percentage GrossProfitPercentage	0.25	pure
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	572004	USD
CY2014Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	0	USD
CY2014	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	1935630	USD
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	-0.059	pure
CY2015Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements	235259	USD
CY2014Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements	0	USD
CY2015Q4	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	7.50
CY2015	nete	Class Of Warrant Or Right Weighted Average Remaining Contract Term ClassOfWarrantOrRightWeightedAverageRemainingContractTerm	P1Y9M
CY2014Q4	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	7.50
CY2014	nete	Class Of Warrant Or Right Weighted Average Remaining Contract Term ClassOfWarrantOrRightWeightedAverageRemainingContractTerm	P2Y9M
CY2014Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	1451357	USD
CY2015Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	329881	USD
CY2015Q2	nete	Warrants Issued To Purchase Common Stock Exchanged Shares WarrantsIssuedToPurchaseCommonStockExchangedShares	2500000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	14643688	shares
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-15407642	USD
CY2014	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3678113	USD
CY2015	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	4306304	USD
CY2014	nete	Business Acquisition Equity Interest Issued Or Issuable Value BusinessAcquisitionEquityInterestIssuedOrIssuableValue	0	USD
CY2014	nete	Stock Issued During Period Value To Acquire Non Controlling Interest StockIssuedDuringPeriodValueToAcquireNonControllingInterest	1041147	USD
CY2014	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	9525963	USD
CY2014	nete	Stock Issued During Period Value Debt Restructuring StockIssuedDuringPeriodValueDebtRestructuring	204000	USD
CY2015	nete	Stock Issued During Period Value Debt Restructuring StockIssuedDuringPeriodValueDebtRestructuring	1346648	USD
CY2014	nete	Stock Issued During Period Value Conversion Of Notes StockIssuedDuringPeriodValueConversionOfNotes	16712481	USD
CY2014	nete	Adjustments To Additional Paid In Capital Extinguishment Of T1 T Obligation AdjustmentsToAdditionalPaidInCapitalExtinguishmentOfT1TObligation	1086968	USD
CY2014	nete	Adjustments To Additional Paid In Capital Share Registration Fee AdjustmentsToAdditionalPaidInCapitalShareRegistrationFee	-60308	USD
CY2015	us-gaap	Stock Issued During Period Value Stock Dividend StockIssuedDuringPeriodValueStockDividend	1585092	USD
CY2015	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	-2679861	USD
CY2015	nete	Business Acquisition Equity Interest Issued Or Issuable Value BusinessAcquisitionEquityInterestIssuedOrIssuableValue	3600000	USD
CY2015	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	0	USD
CY2015	nete	Adjustments To Additional Paid In Capital Writeoff Stock Subscription Receivable AdjustmentsToAdditionalPaidInCapitalWriteoffStockSubscriptionReceivable	0	USD
CY2015	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	0	USD
CY2015	nete	Stock Issued During Period Value For Insider Financing StockIssuedDuringPeriodValueForInsiderFinancing	1588954	USD
CY2015	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: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"></font> <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"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <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">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company’s total revenue was $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">40,235,362</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">21,234,704</font> for the years ended December 31, 2015 and 2014 respectively. Of the $40,235,362 in 2015 revenues, $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">31,204,871</font> (which also includes its newly acquired Payonline Systems) 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">9,030,491</font> was derived from providing branded content during 2015. Since we began providing branded content during the third quarter of 2015, we had no similar revenue in 2014.</div> </div> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font> <font style="FONT-SIZE: 10pt"> </font> <font style="FONT-SIZE: 10pt">  </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The credit card processing revenues were from merchant customer transactions, which are processed primarily by three “third-party” processors. For the twelve months ended December 31, 2015 and 2014, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 51</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 63</font>% of its total revenue with Priority Data, and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 24</font>% with National Processing Company (NPC), respectively.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The mobile electronic payment revenues were from merchant customer transactions, which are processed primarily by three mobile operators during the twelve months ended December 31, 2015 and two mobile operators during the twelve months ended December 31, 2014. For the year ended December 31, 2015, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">9</font>% with Beeline (OJSC Vimpelcom, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5</font>% with MTS (Mobile TeleSystems OJSC) and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">3</font>% with Megaphone. During the twelve months ended December 31, 2014, the Company processed <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 3.4</font>% of its total revenue with Beeline (OJSC Vimpelcom), and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 3.5</font>% with MTS (Mobile TeleSystems OJSC).</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q2	us-gaap	Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financial Assets BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialAssets	600000	USD
CY2015Q2	nete	Business Combination Provisional Information Initial Accounting Incomplete Adjustment Marchent Portfolio BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentMarchentPortfolio	500000	USD
CY2015Q2	us-gaap	Business Combination Provisional Information Initial Accounting Incomplete Adjustment Intangibles BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles	1900000	USD
CY2015Q2	nete	Business Combination Provisional Information Initial Accounting Incomplete Adjustment Goodwill BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentGoodwill	3000000	USD
CY2015Q2	us-gaap	Business Combination Provisional Information Initial Accounting Incomplete Adjustment Consideration Transferred BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConsiderationTransferred	600000	USD
CY2015Q2	us-gaap	Business Acquisition Equity Interest Issued Or Issuable Description BusinessAcquisitionEquityInterestIssuedOrIssuableDescription	The Company will be required to issue additional shares if the market value of the shares provided is less than $3.6 million in 12 months.
CY2014	us-gaap	Depreciation Depreciation	84488	USD
CY2015	us-gaap	Finite Lived Intangible Assets Period Increase Decrease FiniteLivedIntangibleAssetsPeriodIncreaseDecrease	1041214	USD
CY2015	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	163129	USD
CY2014	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	371992	USD
CY2014Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3216507	USD
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	5791717	shares
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Long Term Debt LongTermDebt	3315000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	518437	USD
CY2014Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	98493	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3446563	USD
CY2015	us-gaap	Conversion Of Stock Amount Issued1 ConversionOfStockAmountIssued1	9036084	USD
CY2015	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	3100000	USD
CY2015Q4	us-gaap	Common Stock Share Subscribed But Unissued Subscriptions Receivable CommonStockShareSubscribedButUnissuedSubscriptionsReceivable		USD
CY2015Q2	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	0	USD
CY2015Q2	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	0	USD
CY2015Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities	0	USD
CY2015Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets	0	USD
CY2015Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	0	USD
CY2015	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	271428	USD
CY2014	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	233084	USD
CY2015	us-gaap	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"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">Reclassifications</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Certain amounts in the 2014 consolidated financial statements have been reclassified to conform with the current year 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>
CY2015	nete	Minimum Bid Price Closing Requirement Description MinimumBidPriceClosingRequirementDescription	We are required to continually meet the listing requirements of The NASDAQ Capital Market (including a minimum bid price for our common stock of $1.00 per share) to maintain the listing of our common stock on The NASDAQ Capital Market. On June 19, 2015, we received a deficiency letter from The NASDAQ Capital Market indicating that for 30 consecutive trading days our common stock had a closing bid price below the $1.00 per share minimum. In accordance with NASDAQ Listing Rules, we were provided a compliance period of 180 calendar days, or until December 16, 2015, to regain compliance with this requirement. On December 17, 2015, we received a letter from The NASDAQ Capital Market notifying us that the initial period of 180 calendar days previously provided to the Company to regain compliance with the requirement was extended for an additional 180 calendar day period, or until June 13, 2016. We can regain compliance with the minimum closing bid price requirement if the bid price of our Common Stock closes at $1.00 per share or higher for a minimum of 10 consecutive business days. If we do not regain compliance with the minimum closing bid price requirement by June 13, 2016, The NASDAQ Capital Market will provide written notice that our securities are subject to delisting. At such time, we would be entitled to appeal the delisting determination to a NASDAQ Listing Qualifications Panel. We have received Board and shareholder approval to facilitate a reverse stock split to increase the bid price of our common stock, if required. We cannot provide any assurance that our stock price will recover within the permitted grace period.
CY2015	nete	Issue Of Common Stock Upon Redemption Of Preferred Stock IssueOfCommonStockUponRedemptionOfPreferredStock	9036084	USD
CY2014	nete	Issue Of Common Stock Upon Redemption Of Preferred Stock IssueOfCommonStockUponRedemptionOfPreferredStock	0	USD
CY2015	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	2679861	USD
CY2014	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	0	USD
CY2015	nete	Issue Of Common Stock For Acquisition IssueOfCommonStockForAcquisition	9036084	USD
CY2014	nete	Issue Of Common Stock For Acquisition IssueOfCommonStockForAcquisition	0	USD
CY2015	us-gaap	Stock Issued1 StockIssued1	1436648	USD
CY2014	us-gaap	Stock Issued1 StockIssued1	25233473	USD

Files In Submission

Name	View Source	Status
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$MULN
MULLEN AUTOMOTIVE INC. Stock $muln

2016 Q1 Form 10-K Financial Statement

#000114420416091542 Filed on March 30, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MULN MULLEN AUTOMOTIVE INC. Stock $muln

2016 Q1 Form 10-K Financial Statement

#000114420416091542 Filed on March 30, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MULN
MULLEN AUTOMOTIVE INC. Stock $muln