$MULN
MULLEN AUTOMOTIVE INC. Stock $muln

$muln Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000114420416119311 Filed on August 15, 2016

Income Statement

Concept	2016 Q2	2015 Q4	2015 Q2
Revenue	$13.69M	$15.11M	$6.907M
YoY Change	98.25%	177.25%	40.61%
Cost Of Revenue	$11.48M	$13.19M	$5.468M
YoY Change	110.04%	207.46%	63.46%
Gross Profit	$2.208M	$1.920M	$1.439M
YoY Change	53.43%	65.52%	-8.16%
Gross Profit Margin	16.13%	12.71%	20.84%
Selling, General & Admin	$4.140M	$5.260M	$3.320M
YoY Change	24.7%	55.62%	-1244.83%
% of Gross Profit	187.5%	273.96%	230.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$844.5K	$590.0K	$626.5K
YoY Change	34.8%	28.26%	0.27%
% of Gross Profit	38.25%	30.73%	43.53%
Operating Expenses	$16.47M	$5.850M	$9.411M
YoY Change	75.0%	50.77%	89.16%
Operating Profit	-$2.776M	-$3.930M	-$2.504M
YoY Change	10.86%	44.49%	3875.54%
Interest Expense	-$440.0K	-$28.44M	$740.0K
YoY Change	-159.46%	35450.0%	-80.53%
% of Operating Profit
Other Income/Expense, Net	-$7.705K	-$30.00K	-$8.501K
YoY Change	-9.36%	-40.0%	32.95%
Pretax Income	-$5.385M	-$4.770M	-$1.775M
YoY Change	203.43%	61.15%	-232.96%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$5.346M	-$5.180M	-$1.764M
YoY Change	203.04%	73.83%	-230.9%
Net Earnings / Revenue	-39.05%	-34.28%	-25.54%
Basic Earnings Per Share
Diluted Earnings Per Share	-$535.00	-$1.242K	-$1.036K
COMMON SHARES
Basic Shares Outstanding	114.3M shares	80.00M shares	46.19M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q2	2015 Q4	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$600.0K	$1.000M	$700.0K
YoY Change	-14.29%	100.0%	-46.15%
Cash & Equivalents	$633.6K	$1.026M	$675.2K
Short-Term Investments
Other Short-Term Assets	$800.0K	$1.100M	$5.900M
YoY Change	-86.44%	10.0%	637.5%
Inventory
Prepaid Expenses
Receivables	$5.828M	$5.199M	$3.494M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$7.300M	$7.331M	$10.10M
YoY Change	-27.72%	50.12%	55.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$142.4K	$162.1K	$100.0K
YoY Change	42.41%	128.61%	58.14%
Goodwill		$9.644M
YoY Change		44.55%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$553.3K	$353.1K	$300.0K
YoY Change	84.43%	72.44%	-2.69%
Total Long-Term Assets	$14.80M	$15.58M	$15.70M
YoY Change	-5.74%	65.08%	55.51%
TOTAL ASSETS
Total Short-Term Assets	$7.300M	$7.331M	$10.10M
Total Long-Term Assets	$14.80M	$15.58M	$15.70M
Total Assets	$22.10M	$22.91M	$25.80M
YoY Change	-14.34%	59.98%	55.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.075M	$5.859M	$3.200M
YoY Change	89.85%	117.13%	22.63%
Accrued Expenses	$4.206M	$2.975M	$2.700M
YoY Change	55.76%	26.5%	-0.51%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$277.8K
YoY Change	-100.0%		8.34%
Long-Term Debt Due	$384.2K	$518.4K	$596.2K
YoY Change	-35.56%	426.37%	-705.3%
Total Short-Term Liabilities	$11.30M	$10.43M	$10.90M
YoY Change	3.67%	85.48%	77.1%
LONG-TERM LIABILITIES
Long-Term Debt	$3.824M	$3.447M	$3.647M
YoY Change	4.86%	7.15%	-78.08%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$3.824M	$3.447M	$3.647M
YoY Change	4.86%	7.15%	-78.08%
TOTAL LIABILITIES
Total Short-Term Liabilities	$11.30M	$10.43M	$10.90M
Total Long-Term Liabilities	$3.824M	$3.447M	$3.647M
Total Liabilities	$15.14M	$13.87M	$14.80M
YoY Change	2.33%	56.97%	-35.06%
SHAREHOLDERS EQUITY
Retained Earnings		-$144.0M
YoY Change		11.49%
Common Stock	$160.1M	$154.4M
YoY Change		12.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$6.900M	$8.800M	$11.00M
YoY Change
Total Liabilities & Shareholders Equity	$22.12M	$22.91M	$25.80M
YoY Change	-14.26%	59.98%	55.63%

Cashflow Statement

Concept	2016 Q2	2015 Q4	2015 Q2
OPERATING ACTIVITIES
Net Income	-$5.346M	-$5.180M	-$1.764M
YoY Change	203.04%	73.83%	-230.9%
Depreciation, Depletion And Amortization	$844.5K	$590.0K	$626.5K
YoY Change	34.8%	28.26%	0.27%
Cash From Operating Activities	-$520.0K	$1.820M	-$2.300M
YoY Change	-77.39%	-356.34%	-187.12%
INVESTING ACTIVITIES
Capital Expenditures	-$190.0K	$100.0K	$60.00K
YoY Change	-416.67%	-86.49%	-160.0%
Acquisitions
YoY Change
Other Investing Activities	-$740.0K	-$420.0K	-$3.500M
YoY Change	-78.86%	-240.0%	167.18%
Cash From Investing Activities	-$560.0K	-$520.0K	-$3.550M
YoY Change	-84.23%	15.56%	193.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.140M	-320.0K	5.460M
YoY Change	-79.12%	-111.59%	-244.06%
NET CHANGE
Cash From Operating Activities	-520.0K	1.820M	-2.300M
Cash From Investing Activities	-560.0K	-520.0K	-3.550M
Cash From Financing Activities	1.140M	-320.0K	5.460M
Net Change In Cash	60.00K	980.0K	-390.0K
YoY Change	-115.38%	-38.75%	-83.47%
FREE CASH FLOW
Cash From Operating Activities	-$520.0K	$1.820M	-$2.300M
Capital Expenditures	-$190.0K	$100.0K	$60.00K
Free Cash Flow	-$330.0K	$1.720M	-$2.360M
YoY Change	-86.02%	-218.62%	-186.13%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	353050	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	553302	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	5858837	USD
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2975066	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	806202	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1025747	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	633591	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	4205599	USD
CY2015Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	743910	USD
CY2015Q4	us-gaap	Assets Assets	22913561	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	6075259	USD
CY2015Q4	us-gaap	Goodwill Goodwill	9643752	USD
CY2016Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	326023	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	162123	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	142409	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	7330756	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1106016	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5198993	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5827586	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5423880	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4513823	USD
CY2015Q4	us-gaap	Notes Payable Current NotesPayableCurrent	518437	USD
CY2015Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	329881	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	24953907	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-589414	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1065267	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-4488956	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1732653	USD
	us-gaap	Operating Expenses OperatingExpenses	17110318	USD
	us-gaap	Operating Expenses OperatingExpenses	29442863	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-525782	USD
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	11464434	shares
	us-gaap	Operating Income Loss OperatingIncomeLoss	-4663195	USD
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	140841	USD
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	376979	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1402183	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-7719949	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	20575	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-29604	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-224524	USD
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4789264	shares
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7270835	USD
	us-gaap	Technology Services Revenue TechnologyServicesRevenue	21481528	USD
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	308065	USD
	us-gaap	Technology Services Costs TechnologyServicesCosts	10081890	USD
	us-gaap	Other Cost Of Services OtherCostOfServices	0	USD
	us-gaap	Technology Services Revenue TechnologyServicesRevenue	12447123	USD
	us-gaap	Sales Revenue Services Gross SalesRevenueServicesGross	0	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	12447123	USD
	us-gaap	Technology Services Costs TechnologyServicesCosts	17602087	USD
	us-gaap	Other Cost Of Services OtherCostOfServices	3267947	USD
	us-gaap	Profit Loss ProfitLoss	-7270835	USD
	us-gaap	Net Income Loss NetIncomeLoss	-7194167	USD
	us-gaap	Net Income Loss NetIncomeLoss	-4003493	USD
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.63
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.95
	us-gaap	Sales Revenue Services Gross SalesRevenueServicesGross	3472379	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	10426131	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	1336	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	1126	USD
CY2016Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	160092967	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	154361694	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6975733	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9040867	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22120665	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22913561	USD
CY2016Q2	us-gaap	Liabilities Liabilities	15144932	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4619578	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4087624	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4022767	USD
	us-gaap	Profit Loss ProfitLoss	-4022767	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-76668	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-19274	USD
CY2015Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	626497	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-2775698	USD
CY2016Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	844535	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	9410672	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	16468546	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-2503756	USD
CY2016Q2	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	125238	USD
CY2015Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1284591	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-5842489	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8501	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-116353	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2405835	USD
CY2015Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4970714	shares
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5385240	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	-5385240	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-38792	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	-5346448	USD
CY2016Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.46
CY2016Q2	us-gaap	Technology Services Revenue TechnologyServicesRevenue	12117708	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	90211	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	84256	USD
	us-gaap	Deferred Revenue Period Increase Decrease DeferredRevenuePeriodIncreaseDecrease	310241	USD
CY2016Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
CY2015Q2	us-gaap	Technology Services Revenue TechnologyServicesRevenue	6906916	USD
CY2016Q2	us-gaap	Sales Revenue Services Gross SalesRevenueServicesGross	1575140	USD
CY2015Q2	us-gaap	Sales Revenue Services Gross SalesRevenueServicesGross	0	USD
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	13692848	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	6906916	USD
CY2016Q2	us-gaap	Technology Services Costs TechnologyServicesCosts	10003934	USD
CY2015Q2	us-gaap	Technology Services Costs TechnologyServicesCosts	5467819	USD
CY2016Q2	us-gaap	Other Cost Of Services OtherCostOfServices	1480859	USD
CY2015Q2	us-gaap	Other Cost Of Services OtherCostOfServices	0	USD
	nete	Net Income Loss Attributable To Noncontrolling Interest Including Foreign Curreny Adjustment NetIncomeLossAttributableToNoncontrollingInterestIncludingForeignCurrenyAdjustment	-12145	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1065267	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2470648	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-460826	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	507737	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-173598	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-266529	USD
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	650000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	6234256	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-27443	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	171888	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	503343	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	675231	USD
	us-gaap	Interest Paid InterestPaid	121253	USD
CY2016Q2	us-gaap	Cash Uninsured Amount CashUninsuredAmount	524106	USD
CY2015Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	922062	USD
CY2016Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	103030	USD
	nete	Terminals Acquired Amount Net Held With Merchants TerminalsAcquiredAmountNetHeldWithMerchants	244416	USD
CY2015	nete	Terminals Acquired Amount Net TerminalsAcquiredAmountNet	345459	USD
CY2015	nete	Terminals Acquired Amount Net Held With Merchants TerminalsAcquiredAmountNetHeldWithMerchants	268501	USD
	nete	Terminals Amortization Amount Net TerminalsAmortizationAmountNet	78549	USD
	nete	Terminals Amortization Amount Net TerminalsAmortizationAmountNet	62231	USD
	nete	Terminals Acquired Amount Net TerminalsAcquiredAmountNet	325498	USD
CY2016Q2	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	754188	USD
CY2015Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	1205751	USD
CY2016Q2	us-gaap	Deferred Sales Commission DeferredSalesCommission	154046	USD
CY2015Q4	us-gaap	Deferred Sales Commission DeferredSalesCommission	483090	USD
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	4208130	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	3965000	USD
CY2016Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	165656	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	153702	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	315825	USD
	us-gaap	Depreciation Depreciation	19523	USD
	us-gaap	Depreciation Depreciation	26420	USD
CY2016Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4969863	USD
CY2016Q1	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	392720	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	846737	USD
CY2015	us-gaap	Finite Lived Intangible Assets Period Increase Decrease FiniteLivedIntangibleAssetsPeriodIncreaseDecrease	1041214	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2492051	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
	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	72586	USD
CY2015	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	163129	USD
CY2016Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	105000	USD
CY2015Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	79653	USD
CY2016Q2	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	220140	USD
CY2015Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	220140	USD
CY2016Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	727722	USD
CY2015Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1635816	USD
CY2016Q2	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	219041	USD
CY2015Q4	us-gaap	Short Term Bank Loans And Notes Payable ShortTermBankLoansAndNotesPayable	200000	USD
CY2016Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	297761	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	141266	USD
CY2016Q2	nete	Accrued Foreign Taxes AccruedForeignTaxes	129299	USD
CY2015Q4	nete	Accrued Foreign Taxes AccruedForeignTaxes	79691	USD
CY2016Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	384209	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	518437	USD
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3823921	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3446563	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	981614	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	997086	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1064654	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	780567	USD
	us-gaap	Revenues Revenues	24953907	USD
	us-gaap	Revenue Other Financial Services RevenueOtherFinancialServices	18256581	USD
	us-gaap	Fees And Commissions FeesAndCommissions	3773211	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	2924115	USD
	us-gaap	Revenues Revenues	12447123	USD
	us-gaap	Revenue Other Financial Services RevenueOtherFinancialServices	11448916	USD
	us-gaap	Fees And Commissions FeesAndCommissions	694064	USD
CY2015Q2	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	3600000	USD
	nete	Shares Pledged As Collateral SharesPledgedAsCollateral	125000	shares
CY2016Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	42565	shares
CY2016Q2	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	75.00
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	nete	Warants Expiration Date WarantsExpirationDate	October 1, 2017
CY2016Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	23100000	USD
CY2016Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	11484793	USD
CY2016Q2	us-gaap	Gross Profit GrossProfit	2208055	USD
CY2016Q2	nete	Gross Profit Percentage GrossProfitPercentage	0.16	pure
CY2015Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	5467819	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	1439097	USD
CY2015Q2	nete	Gross Profit Percentage GrossProfitPercentage	0.21	pure
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	20870034	USD
	us-gaap	Gross Profit GrossProfit	4083873	USD
	nete	Gross Profit Percentage GrossProfitPercentage	0.16	pure
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	10081890	USD
	us-gaap	Gross Profit GrossProfit	2365233	USD
	nete	Gross Profit Percentage GrossProfitPercentage	0.19	pure
CY2015Q2	us-gaap	Assets Assets	25800817	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2016Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	13356092	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13356092	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11261960	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11261960	shares
CY2016Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	0	USD
CY2015Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	525197	USD
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	0	USD
	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	525197	USD
	us-gaap	Interest Expense InterestExpense	349146	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	983715	USD
	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	94770	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	23854	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	92017	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	303775	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	3195452	USD
	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	5500000	USD
	nete	Gain Loss Due To Change In Fair Value And Settlement Of Beneficial Conversion Derivative GainLossDueToChangeInFairValueAndSettlementOfBeneficialConversionDerivative	2022036	USD
	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: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the balance sheet date and the reported amounts of expenses for the period presented. Actual results could differ from those estimates.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Significant estimates include (i) the valuation of acquired merchant portfolios, (ii) the recoverability of 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.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q2	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	0	USD
CY2015Q2	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	2022036	USD
	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	0	USD
	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	2022036	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-5346448	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2289482	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7194167	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4528690	USD
CY2015	nete	Capitalization Of Customer Acquisition Cost CapitalizationOfCustomerAcquisitionCost	878085	USD
CY2016Q2	nete	Terminals Amortization Amount Net TerminalsAmortizationAmountNet	41903	USD
CY2015Q2	nete	Terminals Amortization Amount Net TerminalsAmortizationAmountNet	31496	USD
CY2016Q2	us-gaap	Depreciation Depreciation	11954	USD
CY2015Q2	us-gaap	Depreciation Depreciation	9428	USD
CY2016Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	797276	USD
CY2016Q2	us-gaap	Finitelived Intangible Assets Acquired1 FinitelivedIntangibleAssetsAcquired1	341236	USD
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	USD
CY2016Q2	us-gaap	Share Price SharePrice	1.00
CY2016Q2	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	1:10
CY2016Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	145588	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	409376	USD
CY2015Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	138893	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	235610	USD
	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
CY2016Q2	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	22865	shares
CY2016Q2	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	1072841	shares
CY2016Q2	us-gaap	Line Of Credit LineOfCredit	2993128	USD
CY2016Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2014589	USD
CY2015Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	601371	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2375573	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1202742	USD
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	351455	shares
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.63
CY2016Q2	nete	Gain Loss On Stock Value Guarantee GainLossOnStockValueGuarantee	2162861	USD
	nete	Gain Loss On Stock Value Guarantee GainLossOnStockValueGuarantee	2162861	USD
CY2015Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	103030	USD
CY2015Q2	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	USD
	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	-2162861	USD
	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	USD
CY2016Q2	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	-2162861	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	384209	USD
	nete	Net Income Loss Attributable To Noncontrolling Interest Including Foreign Curreny Adjustment NetIncomeLossAttributableToNoncontrollingInterestIncludingForeignCurrenyAdjustment	-76668	USD
	us-gaap	Deferred Revenue Period Increase Decrease DeferredRevenuePeriodIncreaseDecrease	417887	USD
	nete	Gain Loss Due To Change In Fair Value And Settlement Of Beneficial Conversion Derivative GainLossDueToChangeInFairValueAndSettlementOfBeneficialConversionDerivative	0	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1732652	USD
	us-gaap	Interest Expense InterestExpense	297434	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	USD
	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	0	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	331566	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	0	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-270932	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	220990	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1655971	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-1466736	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	741514	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	USD
	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	0	USD
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q2	nete	Working Capital Deficit WorkingCapitalDeficit	4000000	USD
	us-gaap	Stock Issued1 StockIssued1	1042509	USD
	us-gaap	Stock Issued1 StockIssued1	0	USD
	nete	Shares Issued For Redemption Of Indebtedness SharesIssuedForRedemptionOfIndebtedness	971871	USD
	nete	Shares Issued For Redemption Of Indebtedness SharesIssuedForRedemptionOfIndebtedness	0	USD
	us-gaap	Interest Paid InterestPaid	589414	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	94718	USD
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	1215000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	2125045	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-94905	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-392156	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths	756470	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Two FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo	1512941	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Three FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree	1512941	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	653226	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Five FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive	78245	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	214046	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	65050	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-955560	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-3564277	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	2200000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	2200000	USD
	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 us at the rate of $2.4 million per year. Any unused losses can be carried forward, subject to their original carry forward limitation periods. In the year 2016, approximately $2.4 million in the pre-change losses was released from the Section 382 loss limitation. We can still fully utilize the NOLs generated after the change of the ownership, which was approximately $2.1 million. Thus, we expect the total of approximately $11.3 million as of June 30, 2016 is available to offset future taxable income.
	us-gaap	Notes Issued1 NotesIssued1	0	USD
	us-gaap	Notes Issued1 NotesIssued1	277778	USD
	us-gaap	Escrow Deposits Related To Property Sales EscrowDepositsRelatedToPropertySales	0	USD
	us-gaap	Escrow Deposits Related To Property Sales EscrowDepositsRelatedToPropertySales	5000000	USD
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	0	USD
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	3623182	USD
	nete	Temporary Equity Carrying Amount Attributable To Parent Incurred During Non Cash Or Partial Non Cash Transaction TemporaryEquityCarryingAmountAttributableToParentIncurredDuringNonCashOrPartialNonCashTransaction	0	USD
	nete	Temporary Equity Carrying Amount Attributable To Parent Incurred During Non Cash Or Partial Non Cash Transaction TemporaryEquityCarryingAmountAttributableToParentIncurredDuringNonCashOrPartialNonCashTransaction	525197	USD
	us-gaap	Financial Services Revenue FinancialServicesRevenue	304143	USD
	us-gaap	Debt Conversion Converted Instrument Shares Issued1 DebtConversionConvertedInstrumentSharesIssued1	475289	shares
	us-gaap	Debt Instrument Periodic Payment Principal DebtInstrumentPeriodicPaymentPrincipal	971870	USD
	nete	Interest Fees And Fair Value Charge InterestFeesAndFairValueCharge	297434	USD
	us-gaap	Debt Conversion Original Debt Amount1 DebtConversionOriginalDebtAmount1	910014	USD
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	259988	USD
	nete	Shares Issued In Settlement Of Advances From Board SharesIssuedInSettlementOfAdvancesFromBoard	909285	USD
	nete	Shares Issued In Settlement Of Advances From Board SharesIssuedInSettlementOfAdvancesFromBoard	0	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2375573	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1202742	USD
	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 received Board and shareholder approval and effected a 1-for-10 reverse stock split on May 25, 2016 to increase the bid price of our common stock. This was successful and we regained NASDAQ compliance on June 8, 2016 with our stock maintaining an $1.00 or greater per share price for 10 trading days ending June 8, 2016.
	nete	Provision For Stock Price Gurantee ProvisionForStockPriceGurantee	2162861	USD
CY2016Q2	nete	Accrued Pay Online Earnout Current AccruedPayOnlineEarnoutCurrent	343775	USD
CY2015Q4	nete	Accrued Pay Online Earnout Current AccruedPayOnlineEarnoutCurrent	618500	USD
CY2016Q2	nete	Accrued Pay Online Earn Out Current And Stock Price Guarantee AccruedPayOnlineEarnOutCurrentAndStockPriceGuarantee	2506636	USD
CY2015Q4	nete	Accrued Pay Online Earn Out Current And Stock Price Guarantee AccruedPayOnlineEarnOutCurrentAndStockPriceGuarantee	618500	USD

Files In Submission

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v446170_10q.htm	Edgar Link	pending
v446170_ex31-1.htm	Edgar Link	pending
v446170_ex31-2.htm	Edgar Link	pending
v446170_ex32-1.htm	Edgar Link	pending

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MULLEN AUTOMOTIVE INC. Stock $muln

2016 Q2 Form 10-Q Financial Statement

#000114420416119311 Filed on August 15, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MULN MULLEN AUTOMOTIVE INC. Stock $muln

2016 Q2 Form 10-Q Financial Statement

#000114420416119311 Filed on August 15, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MULN
MULLEN AUTOMOTIVE INC. Stock $muln