$MULN
MULLEN AUTOMOTIVE INC. Stock $muln

$muln Overview Financials Valuation SEC Filings Company Website

2019 Q3 Form 10-Q Financial Statement

#000143774919016835 Filed on August 14, 2019

Income Statement

Concept	2019 Q3	2019 Q2	2018 Q2
Revenue	$16.82M	$16.49M	$16.46M
YoY Change	-2.45%	0.14%	2.01%
Cost Of Revenue	$14.08M	$13.90M	$13.81M
YoY Change	-3.3%	0.66%	3.68%
Gross Profit	$2.740M	$2.586M	$2.650M
YoY Change	2.14%	-2.42%	-6.03%
Gross Profit Margin	16.29%	15.68%	16.1%
Selling, General & Admin	$2.399M	$2.299M	$2.499M
YoY Change	2.21%	-8.02%	-30.38%
% of Gross Profit	87.53%	88.91%	94.32%
Research & Development	$90.00K	$60.00K	$30.00K
YoY Change	200.0%	100.0%
% of Gross Profit	3.28%	2.32%	1.13%
Depreciation & Amortization	$750.0K	$750.0K	$670.0K
YoY Change	63.04%	11.94%	16.92%
% of Gross Profit	27.37%	29.0%	25.28%
Operating Expenses	$17.67M	$19.10M	$17.88M
YoY Change	-1.84%	6.83%	329.72%
Operating Profit	-$852.7K	-$2.610M	-$1.412M
YoY Change	11.96%	84.85%	5.04%
Interest Expense	$270.0K	$252.6K	$235.7K
YoY Change	25.06%	7.15%	-173.67%
% of Operating Profit
Other Income/Expense, Net	$83.34K	$1.284M	$674.2K
YoY Change	100.79%	90.5%	-1448.47%
Pretax Income	-$1.039M	-$1.578M	-$973.2K
YoY Change	11.04%	62.11%	-43.27%
Income Tax
% Of Pretax Income
Net Earnings	-$1.011M	-$1.537M	-$903.7K
YoY Change	11.01%	70.12%	-44.91%
Net Earnings / Revenue	-6.01%	-9.33%	-5.49%
Basic Earnings Per Share
Diluted Earnings Per Share	-$50.50	-$77.00	-$45.00
COMMON SHARES
Basic Shares Outstanding	4.118M
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q3	2019 Q2	2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$500.0K	$800.0K	$6.500M
YoY Change	-80.77%	-87.69%	400.0%
Cash & Equivalents	$492.7K	$840.2K	$6.993M
Short-Term Investments
Other Short-Term Assets	$1.400M	$1.000M	$1.300M
YoY Change	-17.65%	-23.08%	8.33%
Inventory
Prepaid Expenses
Receivables	$5.545M	$5.073M	$6.100M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$7.405M	$6.892M	$13.90M
YoY Change	-19.62%	-50.42%	63.53%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.550K	$16.21K	$0.00
YoY Change	-72.13%		-100.0%
Goodwill	$9.008M	$9.008M
YoY Change	-6.59%
Intangibles	$5.951M	$6.238M
YoY Change	11.15%
Long-Term Investments
YoY Change
Other Assets	$655.7K	$655.2K	$500.0K
YoY Change	8.72%	31.04%	25.0%
Total Long-Term Assets	$16.04M	$16.36M	$12.90M
YoY Change	2.56%	26.81%	-4.44%
TOTAL ASSETS
Total Short-Term Assets	$7.405M	$6.892M	$13.90M
Total Long-Term Assets	$16.04M	$16.36M	$12.90M
Total Assets	$23.44M	$23.25M	$26.80M
YoY Change	-5.66%	-13.24%	21.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.351M	$5.275M	$5.000M
YoY Change	-1.06%	5.5%	-33.33%
Accrued Expenses	$1.638M	$2.881M	$2.700M
YoY Change	-27.13%	6.71%	-38.64%
Deferred Revenue	$944.3K	$449.5K
YoY Change	-19.55%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$114.2K	$224.4K	$900.0K
YoY Change	-76.44%	-75.07%	-8.6%
Total Short-Term Liabilities	$8.213M	$9.092M	$10.90M
YoY Change	-15.81%	-16.59%	-20.44%
LONG-TERM LIABILITIES
Long-Term Debt	$7.983M	$7.075M	$5.100M
YoY Change	57.38%	38.73%	-18.45%
Other Long-Term Liabilities	$400.0K	$400.0K
YoY Change
Total Long-Term Liabilities	$7.983M	$7.075M	$5.100M
YoY Change	57.38%	38.73%	-18.45%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.213M	$9.092M	$10.90M
Total Long-Term Liabilities	$7.983M	$7.075M	$5.100M
Total Liabilities	$16.58M	$16.55M	$15.90M
YoY Change	11.8%	4.07%	-20.1%
SHAREHOLDERS EQUITY
Retained Earnings	-$176.0M	-$176.1M
YoY Change	3.03%
Common Stock	$411.00	$410.00
YoY Change	6.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$33.88M	$8.100M	$10.90M
YoY Change
Total Liabilities & Shareholders Equity	$23.44M	$23.25M	$26.80M
YoY Change	-5.66%	-13.24%	21.96%

Cashflow Statement

Concept	2019 Q3	2019 Q2	2018 Q2
OPERATING ACTIVITIES
Net Income	-$1.011M	-$1.537M	-$903.7K
YoY Change	11.01%	70.12%	-44.91%
Depreciation, Depletion And Amortization	$750.0K	$750.0K	$670.0K
YoY Change	63.04%	11.94%	16.92%
Cash From Operating Activities	-$800.0K	-$360.0K	-$1.750M
YoY Change	110.53%	-79.43%	0.57%
INVESTING ACTIVITIES
Capital Expenditures	-$10.00K	$60.00K
YoY Change	-108.33%
Acquisitions
YoY Change
Other Investing Activities	-$410.0K	-$560.0K	-$470.0K
YoY Change	-86.24%	19.15%	20.51%
Cash From Investing Activities	-$410.0K	-$620.0K	-$470.0K
YoY Change	-86.77%	31.91%	20.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	860.0K	1.320M	-450.0K
YoY Change	-272.0%	-393.33%	-117.18%
NET CHANGE
Cash From Operating Activities	-800.0K	-360.0K	-1.750M
Cash From Investing Activities	-410.0K	-620.0K	-470.0K
Cash From Financing Activities	860.0K	1.320M	-450.0K
Net Change In Cash	-350.0K	340.0K	-2.670M
YoY Change	-91.21%	-112.73%	-644.9%
FREE CASH FLOW
Cash From Operating Activities	-$800.0K	-$360.0K	-$1.750M
Capital Expenditures	-$10.00K	$60.00K
Free Cash Flow	-$790.0K	-$420.0K
YoY Change	58.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2019Q2	nete	Accrued Foreign Taxes AccruedForeignTaxes	-43920
CY2018Q4	nete	Accrued Foreign Taxes AccruedForeignTaxes	-45952
CY2019Q2	nete	Accrued Pay Online Current AccruedPayOnlineCurrent	1126273
CY2018Q4	nete	Accrued Pay Online Current AccruedPayOnlineCurrent	1126273
CY2015Q2	nete	Increase Decrease In Common Stock Shares Authorized IncreaseDecreaseInCommonStockSharesAuthorized	100000000
CY2017Q4	nete	Increase Decrease In Common Stock Shares Authorized IncreaseDecreaseInCommonStockSharesAuthorized	-300000000
CY2016Q2	nete	Increase Decrease In Common Stock Shares Authorized IncreaseDecreaseInCommonStockSharesAuthorized	100000000
	nete	Increase Decrease Lease Liability IncreaseDecreaseLeaseLiability	442094
	nete	Increase Decrease Lease Liability IncreaseDecreaseLeaseLiability
CY2019Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	5274781
CY2018Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	6368444
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Period End Date DocumentPeriodEndDate	2019-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001499961
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Security12b Title Security12bTitle	Common Stock
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4117878
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Net Element, Inc.
	dei	Entity Shell Company EntityShellCompany	false
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Trading Symbol TradingSymbol	nete
CY2019Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5073168
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6290412
CY2019Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1481304
CY2018Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1157556
CY2019Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2881256
CY2018Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2535947
CY2019Q2	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	82346
CY2018Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	174915
CY2019Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2252261
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2232163
CY2019Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	185267054
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	183246232
CY2019Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	649000
CY2018Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	654000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1400000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1300000
CY2019Q2	us-gaap	Assets Assets	23251095
CY2018Q4	us-gaap	Assets Assets	25764014
CY2019Q2	us-gaap	Assets Current AssetsCurrent	6892075
CY2018Q4	us-gaap	Assets Current AssetsCurrent	9685114
	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">NOTE <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1.</div></div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">BASIS</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">OF</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">PRESENTATION</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:265.7pt;margin-top:0pt;text-align:left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The accompanying <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2019 </div>interim condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in the annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to those rules and regulations, but we believe the disclosures made are adequate to make the information presented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> misleading. In the opinion of management, all adjustments, consisting of normal and recurring adjustments, necessary for a fair presentation have been included in the condensed consolidated financial statements included herein. These statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K for the year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2018. </div>The results of operations for the periods presented are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> necessarily indicative of results to be expected for the full fiscal year or any other periods.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The condensed consolidated unaudited financial statements contained in this report include the accounts of Net Element, Inc., and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.</div></div>
CY2019Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	840170
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1645481
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2249551
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11733271
CY2019Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1495350
CY2018Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6993135
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-754201
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4740136
CY2019Q2	us-gaap	Cash Uninsured Amount CashUninsuredAmount	283000
CY2018Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	600000
CY2019Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2019Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2019Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4184514
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3863019
CY2019Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4184514
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3863019
CY2019Q2	us-gaap	Common Stock Value CommonStockValue	410
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	386
CY2019Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2724236
CY2018Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-874069
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3859644
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2445600
CY2019Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	449451
CY2018Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1495849
CY2019Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	7419684
CY2018Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6512268
CY2019Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	120342
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	132774
CY2019Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	747347
CY2018Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	662525
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1598567
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1366063
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1598567
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1366063
CY2019Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	200694
CY2018Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	387814
CY2019Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.65
CY2018Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.23
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.95
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.65
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6271
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17633
CY2019Q2	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2005840
CY2018Q2	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	22500
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2020847
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	104511
CY2018	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife
CY2019Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	12853562
CY2018Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	11404732
CY2019Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	754893
CY2019Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	976248
CY2019Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1487078
CY2019Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1509785
CY2019Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1509785
CY2019Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	19091351
CY2018Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	17846476
CY2019Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6237789
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6441743
CY2019Q2	us-gaap	Goodwill Goodwill	9007752
CY2018Q4	us-gaap	Goodwill Goodwill	9007752
CY2018	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	636000
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0
	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0
	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0
CY2019Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2758924
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-973212
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3893735
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2556506
CY2019Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	103841
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	4140
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1123949
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2111768
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1165261
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-571405
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1046398
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	58319
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-668646
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	352703
CY2019Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6237789
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6441743
CY2019Q2	us-gaap	Interest Expense InterestExpense	252582
CY2018Q2	us-gaap	Interest Expense InterestExpense	235738
	us-gaap	Interest Expense InterestExpense	497635
	us-gaap	Interest Expense InterestExpense	478976
	us-gaap	Interest Paid Net InterestPaidNet	475924
	us-gaap	Interest Paid Net InterestPaidNet	444232
CY2019Q2	us-gaap	Interest Payable Current InterestPayableCurrent	117482
CY2018Q4	us-gaap	Interest Payable Current InterestPayableCurrent	108202
CY2019Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	531098
CY2019Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	100478
CY2019Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	172248
CY2019Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	172248
CY2019Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	86124
CY2019Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	89004
CY2019Q2	us-gaap	Liabilities Liabilities	16547618
CY2018Q4	us-gaap	Liabilities Liabilities	17167548
CY2019Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	23251095
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	25764014
CY2019Q2	us-gaap	Liabilities Current LiabilitiesCurrent	9091654
CY2018Q4	us-gaap	Liabilities Current LiabilitiesCurrent	11221502
CY2019Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	10100000
CY2019Q2	us-gaap	Long Term Debt LongTermDebt	7299342
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	6379494
CY2019Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	224364
CY2018Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	433448
CY2019Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	184295
CY2019Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1212410
CY2019Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	4503078
CY2019Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	1295537
CY2019Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	224364
CY2019Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	7074978
CY2018Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5946046
CY2019Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	7074978
CY2018Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	5946046
CY2019Q2	us-gaap	Minority Interest MinorityInterest	-179928
CY2018Q4	us-gaap	Minority Interest MinorityInterest	-125737
	us-gaap	Nature Of Operations NatureOfOperations	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">NOTE <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2.</div> ORGANIZATION AND OPERATIONS</div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;"> </div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Net Element, Inc. (collectively with its subsidiaries, “Net Element”, “we”, “us”, “our” or the “Company”) is a financial technology-driven group specializing in payment acceptance and value-added solutions across multiple channels in the United States and selected international markets. We are differentiated by our proprietary technology which enables us to provide a broad suite of payment products and end-to-end transaction processing services. We operate in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">two</div> reportable business operating segments: (i) North American Transaction Solutions, and (ii) International Transaction Solutions.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">We are able to deliver our services across multiple points of access, or “multi-channel,” including brick and mortar locations, software integration, e-commerce, mobile operator billing, mobile and tablet-based solutions. In the United States, via our U.S. based subsidiaries, we generate revenues from transactional services and other payment technologies for small and medium-sized businesses. Through PayOnline, we provide transactional services, mobile payment transactions, online payment transactions and other payment technologies in emerging countries in the Eurasian Economic Community ("EAEC"), Europe and Asia.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Our transactional services business enables merchants to accept credit cards as well as other forms of payment, including debit cards, checks, gift cards, loyalty programs and alternative payment methods in traditional card-present or swipe transactions, as well as card-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div>-present transactions, such as those conducted over the phone or through the Internet or a mobile device. We market and sell our services through both independent sales groups (“ISGs”), which are non-employee, external sales organizations and other <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">third</div>-party resellers of our products and services, and directly to merchants through electronic media, telemarketing and other programs, including utilizing partnerships with other companies that market products and services to local and international merchants. We have agreements with several banks that sponsor us for membership in the Visa <div style="display: inline; font-weight: bold;">®</div>, MasterCard <div style="display: inline; font-weight: bold;">®</div>, American Express <div style="display: inline; font-weight: bold;">®, </div>and Discover <div style="display: inline; font-weight: bold;">® </div>card associations and settle card transactions for our merchants. These sponsoring banks include Citizens Bank, Esquire Bank, N.A. and Wells Fargo Bank, N.A. From time to time, we <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>enter into agreements with additional banks. We perform core functions for merchants such as application processing, underwriting, account set-up, risk management, fraud detection, merchant assistance and support, equipment deployment and chargeback services.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Our mobile solutions business, PayOnline, provides relationships and contracts with mobile operators that gives us the ability to offer our clients in-app, premium SMS (short message services, which is a text messaging service), Wireless Application Protocol (WAP)-click, <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> click and other carrier billing services. We also had marketed our own branded content as a separate line of business for our mobile commerce business from offices in Russia and Kazakhstan. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August 2017, </div>we substantially reorganized this business, and combined its operations into PayOnline and TOT Group Russia. We are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> generating revenues from new mobile content and we continue to explore partnership opportunities that can monetize our relationships and contracts with mobile operators. PayOnline provides flexible high- tech payment solutions to companies doing business on the Internet or in the mobile environment. PayOnline specializes in integration and customization of payment solutions for websites and mobile apps. In particular, PayOnline arranges payment on the website of any commercial organization, which increases the convenience of using the website and helps maximize the number of successful transactions. In addition, PayOnline is focused on providing online and mobile payment acceptance services to the travel industry through direct integration with leading Global Distribution Systems (“GDS”), which include Amadeus® and Sabre®. Key geographic regions that PayOnline serves include Eastern Europe, Central Asia, Western Europe, North America and Asia major sub regions. PayOnline offices are located in Russia and in the Republic of Cyprus.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Also part of our transactional services business, Aptito is a proprietary, cloud-based payments platform for the hospitality industry, which creates an online consumer experience in offline commerce environments via tablet, mobile and all other cloud-connected devices. Aptito’s easy to use point-of-sale (“POS”) system makes things easier by providing a comprehensive solution to the hospitality industry to help streamline management and operations. Orders placed tableside by customers directly speed up the ordering process and improve overall efficiency. Aptito's mobile POS system provides portability to the staff while performing all the same functions as a traditional POS system.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:0.95pt;margin-right:6.25pt;margin-top:0pt;text-align:justify;"></div></div>
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1516071
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1003738
	us-gaap	Operating Expenses OperatingExpenses	34947360
	us-gaap	Operating Expenses OperatingExpenses	34848064
CY2019Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-2609501
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1411710
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1678565
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-868548
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-597978
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2885483
	us-gaap	Net Income Loss NetIncomeLoss	-3839545
	us-gaap	Net Income Loss NetIncomeLoss	-2514577
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	-2718699
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	-903731
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-54191
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-41929
CY2019Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-40225
CY2018Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-69481
CY2019Q2	us-gaap	Notes Payable Current NotesPayableCurrent	224364
CY2018Q4	us-gaap	Notes Payable Current NotesPayableCurrent	433448
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2
CY2019Q2	us-gaap	Operating Expenses OperatingExpenses	19096812
CY2018Q2	us-gaap	Operating Expenses OperatingExpenses	17876427
	us-gaap	Operating Income Loss OperatingIncomeLoss	-3412866
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2400953
CY2019Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	442094
CY2019Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	61108
CY2018Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent
CY2019Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	380986
CY2018Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent
CY2019Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	442094
CY2018Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset
CY2019Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.12
CY2019Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y29D
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	113000
CY2019Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	117771
CY2018Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	14953
CY2019Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	655180
CY2018Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	604070
CY2019Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-5537
CY2018Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	29662
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-20099
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	68977
CY2018Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	39315
CY2019Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-14561
CY2019Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	103159
CY2018Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	674236
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	16766
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	323423
	us-gaap	Paid In Kind Interest PaidInKindInterest	21711
	us-gaap	Paid In Kind Interest PaidInKindInterest	35196
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	468287
	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	-9898
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	1210278
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	878446
CY2019Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2019Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2019Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2019Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2018Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2019Q2	us-gaap	Preferred Stock Value PreferredStockValue
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2019Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	978737
CY2018Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1749221
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	1116500
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	166561
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	34927
CY2019Q2	us-gaap	Profit Loss ProfitLoss	-2758924
CY2018Q2	us-gaap	Profit Loss ProfitLoss	-973212
	us-gaap	Profit Loss ProfitLoss	-3893735
	us-gaap	Profit Loss ProfitLoss	-2556506
CY2018Q1	us-gaap	Profit Loss ProfitLoss	-1583294
CY2019Q1	us-gaap	Profit Loss ProfitLoss	-1134813
CY2019Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	16205
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25335
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-8927
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts
CY2019Q2	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	143190
CY2018Q2	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	877898
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	482498
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	999171
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	209084
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1038665
CY2019Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	655180
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	604070
CY2019Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-176131798
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-172292252
CY2019Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	16487311
CY2018Q2	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	16464717
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	31534494
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	32447111
CY2019Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6703477
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8596466
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13143528
CY2019Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2299070
CY2018Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2499496
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4683936
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4945977
	us-gaap	Share Based Compensation ShareBasedCompensation	2020847
	us-gaap	Share Based Compensation ShareBasedCompensation	104511
CY2019Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	314218
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	234218
CY2018Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	82011
CY2018Q2	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	22500
CY2019Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	15006
CY2019Q2	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	2005840
CY2018Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	50585
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11732145
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10811095
CY2019Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7462098
	us-gaap	Use Of Estimates UseOfEstimates	<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;"><div style="display: inline; font-weight: bold;">Use of Estimates</div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">The preparation of these consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses for the reporting period. Such estimates include, but are <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> limited to, the value of purchase consideration paid and identifiable assets acquired and assumed in acquisitions, amortization of intangible assets, goodwill and asset impairment review, valuation reserves for accounts receivable, valuation of acquired or current merchant portfolios, incurred but <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> reported claims, revenue recognition for multiple element arrangements, loss reserves, assumptions used in the calculation of equity-based compensation and in the calculation of income taxes, and certain tax assets and liabilities, as well as, the related valuation allowances. Actual results could differ from those estimates.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: justify;">Below is a summary of the Company’s critical accounting estimates for which the nature of management’s assumptions are material due to the levels of subjectivity and judgment necessary to account for highly uncertain matters or the susceptibility of such matters to change, and for which the impact of the estimates and assumptions on financial condition or operating performance is material.</div> <div style=" margin: 0pt;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;"><div style="display: inline; text-decoration: underline;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">Goodwill</div></div></div></div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: left;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;">The Company tests goodwill for impairment using a fair value approach at least annually, absent some triggering event that would require an interim impairment assessment.</div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 0pt 0pt 45pt; text-align: justify;"> </div> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin: 0pt 7.2pt 0pt 43pt; text-align: justify;">Significant estimates and assumptions are used in our goodwill impairment review and include the identification of reporting units, assigning assets and liabilities to reporting units, assigning goodwill to reporting units and determining the fair value of each reporting unit. Our assessment of qualitative factors involves significant judgments about expected future business performance, general market conditions, and regulatory changes. In a quantitative assessment, the fair value of each reporting unit is determined based largely on the present value of projected future cash flows, growth assumptions regarding discount rates, estimated growth rates and our future long-term business plans. Changes in any of these estimates or assumptions could materially affect the determination of fair value and the associated goodwill impairment charge for each reporting unit.</div></div></div></div></div></div>
CY2019Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4199076
CY2018Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3853130
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	4032258
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3853130

Files In Submission

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$MULN
MULLEN AUTOMOTIVE INC. Stock $muln

2019 Q3 Form 10-Q Financial Statement

#000143774919016835 Filed on August 14, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MULN MULLEN AUTOMOTIVE INC. Stock $muln

2019 Q3 Form 10-Q Financial Statement

#000143774919016835 Filed on August 14, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MULN
MULLEN AUTOMOTIVE INC. Stock $muln