$NWCN
NETWORK CN INC Stock $nwcn

$nwcn Overview Financials Valuation SEC Filings Company Website

2011 Form 10-K Financial Statement

#000121465912001689 Filed on April 16, 2012

Income Statement

Concept	2011	2010 Q4	2010
Revenue	$1.795M	$370.0K	$2.207M
YoY Change	-18.71%	-17.78%	74.24%
Cost Of Revenue	$1.120M	$190.0K	$1.500M
YoY Change	-25.33%	-65.45%	-27.54%
Gross Profit	$679.1K	$180.0K	$703.6K
YoY Change	-3.48%	-280.0%	-187.84%
Gross Profit Margin	37.84%	48.65%	31.87%
Selling, General & Admin	$2.011M	$670.0K	$3.206M
YoY Change	-37.28%	-39.64%	-37.92%
% of Gross Profit	296.07%	372.22%	455.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$239.2K	$60.00K	$257.9K
YoY Change	-7.24%	-57.14%	-55.3%
% of Gross Profit	35.23%	33.33%	36.66%
Operating Expenses	$2.007M	$230.0K	$2.778M
YoY Change	-27.74%	-79.46%	-48.77%
Operating Profit	-$1.328M	-$50.00K	-$2.074M
YoY Change	-35.97%	-95.9%	-66.67%
Interest Expense	$50.00K	-$150.0K	$50.18K
YoY Change	-0.36%	15.38%	-88.07%
% of Operating Profit
Other Income/Expense, Net	-$135.3K	-$10.00K	$49.68K
YoY Change	-372.42%	-200.0%	35.84%
Pretax Income	-$2.103M	-$210.0K	-$2.603M
YoY Change	-19.24%	-90.14%	-93.04%
Income Tax		$0.00
% Of Pretax Income
Net Earnings	-$2.103M	-$210.0K	-$2.603M
YoY Change	-19.24%	-90.14%	-93.03%
Net Earnings / Revenue	-117.16%	-56.76%	-117.93%
Basic Earnings Per Share
Diluted Earnings Per Share	-$362.1K	-$37.30K	-$461.8K
COMMON SHARES
Basic Shares Outstanding	86.97M shares
Diluted Shares Outstanding	86.97M shares

Balance Sheet

Concept	2011	2010 Q4	2010
SHORT-TERM ASSETS
Cash & Short-Term Investments	$70.00K	$290.0K	$290.0K
YoY Change	-75.86%	-85.28%	-85.28%
Cash & Equivalents		$170.6K
Short-Term Investments	$0.00	$120.0K	$120.0K
Other Short-Term Assets	$410.0K	$670.0K	$590.0K
YoY Change	-30.51%	-33.66%	-41.58%
Inventory
Prepaid Expenses
Receivables	$150.0K	$399.0K	$400.0K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$620.0K	$1.369M	$1.290M
YoY Change	-51.94%	-55.42%	-57.98%
LONG-TERM ASSETS
Property, Plant & Equipment	$360.0K	$574.4K	$570.0K
YoY Change	-36.84%	-58.68%	-58.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$0.00	$30.00K	$110.0K
YoY Change	-100.0%	-84.21%	-42.11%
Total Long-Term Assets	$360.0K	$606.1K	$680.0K
YoY Change	-47.06%	-61.88%	-57.23%
TOTAL ASSETS
Total Short-Term Assets	$620.0K	$1.369M	$1.290M
Total Long-Term Assets	$360.0K	$606.1K	$680.0K
Total Assets	$980.0K	$1.975M	$1.970M
YoY Change	-50.25%	-57.63%	-57.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$0.00	$1.190M	$30.00K
YoY Change	-100.0%	-48.03%	-75.0%
Accrued Expenses	$870.0K		$1.140M
YoY Change	-23.68%		-41.54%
Deferred Revenue
YoY Change
Short-Term Debt	$230.0K	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.810M	$0.00
YoY Change
Total Short-Term Liabilities	$6.040M	$1.195M	$1.190M
YoY Change	407.56%	-47.82%	-48.03%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$4.300M	$4.300M
YoY Change	-100.0%	11.69%	11.69%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$4.300M	$4.300M
YoY Change	-100.0%	11.69%	11.69%
TOTAL LIABILITIES
Total Short-Term Liabilities	$6.040M	$1.195M	$1.190M
Total Long-Term Liabilities	$0.00	$4.300M	$4.300M
Total Liabilities	$6.040M	$5.499M	$5.500M
YoY Change	9.82%	-10.58%	-10.57%
SHAREHOLDERS EQUITY
Retained Earnings		-$124.6M
YoY Change
Common Stock		$84.50K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$5.060M	-$3.525M	-$3.520M
YoY Change
Total Liabilities & Shareholders Equity	$980.0K	$1.975M	$1.970M
YoY Change	-50.25%	-57.63%	-57.73%

Cashflow Statement

Concept	2011	2010 Q4	2010
OPERATING ACTIVITIES
Net Income	-$2.103M	-$210.0K	-$2.603M
YoY Change	-19.24%	-90.14%	-93.03%
Depreciation, Depletion And Amortization	$239.2K	$60.00K	$257.9K
YoY Change	-7.24%	-57.14%	-55.3%
Cash From Operating Activities	-$388.3K	-$300.0K	-$1.552M
YoY Change	-74.99%	-64.29%	-71.4%
INVESTING ACTIVITIES
Capital Expenditures	$35.31K	-$20.00K	$56.62K
YoY Change	-37.64%	100.0%	-55.94%
Acquisitions
YoY Change
Other Investing Activities	$100.0K	$50.00K	-$210.0K
YoY Change	-147.62%		-400.0%
Cash From Investing Activities	$66.68K	$30.00K	-$268.2K
YoY Change	-124.86%		393.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$229.7K	0.000
YoY Change
NET CHANGE
Cash From Operating Activities	-$388.3K	-300.0K	-$1.552M
Cash From Investing Activities	$66.68K	30.00K	-$268.2K
Cash From Financing Activities	$229.7K	0.000
Net Change In Cash	-$91.86K	-270.0K	-$1.821M
YoY Change	-94.95%	-67.86%	-68.24%
FREE CASH FLOW
Cash From Operating Activities	-$388.3K	-$300.0K	-$1.552M
Capital Expenditures	$35.31K	-$20.00K	$56.62K
Free Cash Flow	-$423.6K	-$280.0K	-$1.609M
YoY Change	-73.67%	-66.27%	-71.04%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011	nwcn	Amortization Of Deferred Stockbased Compensation AmortizationOfDeferredStockbasedCompensation	307500	USD
CY2011	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2011	dei	Amendment Flag AmendmentFlag	false
CY2011	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2011	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2011	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
CY2011	dei	Document Period End Date DocumentPeriodEndDate	2011-12-31
CY2011	dei	Document Type DocumentType	10-K
CY2011	dei	Entity Central Index Key EntityCentralIndexKey	0000934796
CY2012Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	96504467
CY2011	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2011	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2011Q2	dei	Entity Public Float EntityPublicFloat	70000	USD
CY2011	dei	Entity Registrant Name EntityRegistrantName	NETWORK CN INC
CY2011	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2010	nwcn	Amortization Of Deferred Stockbased Compensation AmortizationOfDeferredStockbasedCompensation	592500	USD
CY2009	nwcn	Amortization Of Deferred Stockbased Compensation AmortizationOfDeferredStockbasedCompensation	300000	USD
CY2010	nwcn	Cancellation Of Stock For Services Rendered By Directors And Officers Value CancellationOfStockForServicesRenderedByDirectorsAndOfficersValue		USD
CY2011	us-gaap	Advertising Revenue Cost AdvertisingRevenueCost	1115461	USD
CY2010	us-gaap	Advertising Revenue Cost AdvertisingRevenueCost	1503898	USD
CY2009	us-gaap	Advertising Revenue Cost AdvertisingRevenueCost	2067881	USD
CY2009	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets	-324	USD
CY2009	nwcn	Exchange Of Accrued And Unpaid Interests Of Three Percent Convertible Promissory Notes To Common Stock Value ExchangeOfAccruedAndUnpaidInterestsOfThreePercentConvertiblePromissoryNotesToCommonStockValue	1665675	USD
CY2009	nwcn	Exchange Of Three Percent Convertible Promissory Notes To Common Stock Value ExchangeOfThreePercentConvertiblePromissoryNotesToCommonStockValue	45000000	USD
CY2011	nwcn	Increase Decrease In Prepayments For Advertising Operating Rights IncreaseDecreaseInPrepaymentsForAdvertisingOperatingRights	30771	USD
CY2010	nwcn	Increase Decrease In Prepayments For Advertising Operating Rights IncreaseDecreaseInPrepaymentsForAdvertisingOperatingRights	151672	USD
CY2009	nwcn	Increase Decrease In Prepayments For Advertising Operating Rights IncreaseDecreaseInPrepaymentsForAdvertisingOperatingRights	69873	USD
CY2009	nwcn	Issuance Of Stock For Services Rendered By Directors And Officers Value IssuanceOfStockForServicesRenderedByDirectorsAndOfficersValue	-1200000	USD
CY2009	nwcn	Issuance Of Stock For Services Rendered By Employees Value IssuanceOfStockForServicesRenderedByEmployeesValue		USD
CY2009	nwcn	Issuance Of Stock To The Investor Value IssuanceOfStockToTheInvestorValue		USD
CY2009	nwcn	Non Cash Debt Conversion Charges NonCashDebtConversionCharges	10204627	USD
CY2011	nwcn	Proceeds From Directors Loans ProceedsFromDirectorsLoans	297868	USD
CY2010	nwcn	Proceeds From Directors Loans ProceedsFromDirectorsLoans		USD
CY2009	nwcn	Proceeds From Directors Loans ProceedsFromDirectorsLoans		USD
CY2011	nwcn	Proceeds From Shareholders Loans ProceedsFromShareholdersLoans	100000	USD
CY2010	nwcn	Proceeds From Shareholders Loans ProceedsFromShareholdersLoans		USD
CY2009	nwcn	Proceeds From Shareholders Loans ProceedsFromShareholdersLoans		USD
CY2011	nwcn	Repayment Of Directors Loans RepaymentOfDirectorsLoans	68124	USD
CY2010	nwcn	Repayment Of Directors Loans RepaymentOfDirectorsLoans		USD
CY2009	nwcn	Repayment Of Directors Loans RepaymentOfDirectorsLoans		USD
CY2011	nwcn	Repayment Of Shareholders Loans RepaymentOfShareholdersLoans	100000	USD
CY2010Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent		USD
CY2010	nwcn	Repayment Of Shareholders Loans RepaymentOfShareholdersLoans		USD
CY2009	nwcn	Repayment Of Shareholders Loans RepaymentOfShareholdersLoans		USD
CY2009	nwcn	Stockbased Compensation For Stock Granted To Consultant For Services StockbasedCompensationForStockGrantedToConsultantForServices	125647	USD
CY2011	nwcn	Stockbased Compensation For Stock Granted To Directors Officers And Employees For Services Value StockbasedCompensationForStockGrantedToDirectorsOfficersAndEmployeesForServicesValue	35678	USD
CY2010	nwcn	Stockbased Compensation For Stock Granted To Directors Officers And Employees For Services Value StockbasedCompensationForStockGrantedToDirectorsOfficersAndEmployeesForServicesValue	89181	USD
CY2009	nwcn	Stockbased Compensation For Stock Granted To Directors Officers And Employees For Services Value StockbasedCompensationForStockGrantedToDirectorsOfficersAndEmployeesForServicesValue	1333441	USD
CY2009	nwcn	Stockbased Compensation For Stock Warrants Issued To Placement Agent For Service StockbasedCompensationForStockWarrantsIssuedToPlacementAgentForService	319581	USD
CY2011	nwcn	Weighted Average Shares Outstanding Basic And Diluted WeightedAverageSharesOutstandingBasicAndDiluted	86970220
CY2010	nwcn	Weighted Average Shares Outstanding Basic And Diluted WeightedAverageSharesOutstandingBasicAndDiluted	84509070
CY2009	nwcn	Weighted Average Shares Outstanding Basic And Diluted WeightedAverageSharesOutstandingBasicAndDiluted	63576461
CY2010Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1194838	USD
CY2011Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1227782	USD
CY2010Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	398994	USD
CY2011Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	146140	USD
CY2010Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1563317	USD
CY2011Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1730805	USD
CY2010Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	119751647	USD
CY2011Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	119835325	USD
CY2009	us-gaap	Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt	1447745	USD
CY2011	us-gaap	Advertising Revenue AdvertisingRevenue	1794552	USD
CY2010	us-gaap	Advertising Revenue AdvertisingRevenue	2207479	USD
CY2009	us-gaap	Advertising Revenue AdvertisingRevenue	1266927	USD
CY2011	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	588983	USD
CY2010	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	528462	USD
CY2009	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	18873863	USD
CY2011	us-gaap	Asset Impairment Charges AssetImpairmentCharges		USD
CY2010	us-gaap	Asset Impairment Charges AssetImpairmentCharges		USD
CY2009	us-gaap	Asset Impairment Charges AssetImpairmentCharges	802487	USD
CY2010Q4	us-gaap	Assets Assets	1974613	USD
CY2011Q4	us-gaap	Assets Assets	983444	USD
CY2010Q4	us-gaap	Assets Current AssetsCurrent	1368514	USD
CY2011Q4	us-gaap	Assets Current AssetsCurrent	619848	USD
CY2010Q4	us-gaap	Available For Sale Securities Equity Securities Current AvailableForSaleSecuritiesEquitySecuritiesCurrent	123077	USD
CY2011Q4	us-gaap	Available For Sale Securities Equity Securities Current AvailableForSaleSecuritiesEquitySecuritiesCurrent		USD
CY2011	us-gaap	Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments	-228285	USD
CY2010	us-gaap	Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments	9406	USD
CY2009	us-gaap	Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments		USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	170621	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	65623	USD
CY2009Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1969549	USD
CY2008Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7717131	USD
CY2011	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-104998	USD
CY2010	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1798928	USD
CY2009	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-5747582	USD
CY2010Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2010Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2010Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000
CY2010Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	84504467
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	96504467
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CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	96504467
CY2010Q4	us-gaap	Common Stock Value CommonStockValue	84504	USD
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	96504	USD
CY2011	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1935060	USD
CY2010	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2715011	USD
CY2009	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-37331705	USD
CY2010Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	4304311	USD
CY2011Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable		USD
CY2010	us-gaap	Deconsolidation Gain Or Loss Amount DeconsolidationGainOrLossAmount	2037	USD
CY2009	us-gaap	Deconsolidation Gain Or Loss Amount DeconsolidationGainOrLossAmount	14338	USD
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CY2011	us-gaap	Deconsolidation Gain Or Loss Amount DeconsolidationGainOrLossAmount		USD
CY2010Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	307500	USD
CY2011Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity		USD
CY2010Q4	us-gaap	Deferred Costs DeferredCosts	31692	USD
CY2011Q4	us-gaap	Deferred Costs DeferredCosts		USD
CY2010Q4	us-gaap	Deferred Costs Current DeferredCostsCurrent	81214	USD
CY2011Q4	us-gaap	Deferred Costs Current DeferredCostsCurrent	31692	USD
CY2011	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	239223	USD
CY2010	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	257899	USD
CY2009	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	576938	USD
CY2011	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal		USD
CY2010	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	3655	USD
CY2009	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal		USD
CY2011	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2010	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.03
CY2009	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.59
CY2011	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-13139	USD
CY2010	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	21684	USD
CY2009	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-14945	USD
CY2011	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	24222	USD
CY2010	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-579341	USD
CY2009	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-127441	USD
CY2011	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	3254	USD
CY2010	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	438917	USD
CY2009	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt		USD
CY2011	us-gaap	Gains Losses On Restructuring Of Debt GainsLossesOnRestructuringOfDebt		USD
CY2010	us-gaap	Gains Losses On Restructuring Of Debt GainsLossesOnRestructuringOfDebt		USD
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CY2011	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1489460	USD
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CY2009	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4532628	USD
CY2011	us-gaap	Gross Profit GrossProfit	679091	USD
CY2010	us-gaap	Gross Profit GrossProfit	703581	USD
CY2009	us-gaap	Gross Profit GrossProfit	-800954	USD
CY2011	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2102548	USD
CY2010	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2603384	USD
CY2009	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-37383361	USD
CY2011	us-gaap	Income Taxes Paid IncomeTaxesPaid		USD
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CY2011	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-193546	USD
CY2011	us-gaap	Investment Income Interest InvestmentIncomeInterest	254	USD
CY2010	us-gaap	Investment Income Interest InvestmentIncomeInterest	1374	USD
CY2010	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		USD
CY2009	us-gaap	Investment Income Interest InvestmentIncomeInterest	22486	USD
CY2010Q4	us-gaap	Liabilities Liabilities	5499149	USD
CY2010	us-gaap	Income Taxes Paid IncomeTaxesPaid		USD
CY2009	us-gaap	Income Taxes Paid IncomeTaxesPaid		USD
CY2011	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		USD
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CY2009	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1349913	USD
CY2011	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-252854	USD
CY2010	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	317274	USD
CY2009	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-548509	USD
CY2011	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-191998	USD
CY2010	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-277438	USD
CY2009	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-83019	USD
CY2011	us-gaap	Induced Conversion Of Convertible Debt Expense InducedConversionOfConvertibleDebtExpense		USD
CY2010	us-gaap	Induced Conversion Of Convertible Debt Expense InducedConversionOfConvertibleDebtExpense		USD
CY2009	us-gaap	Induced Conversion Of Convertible Debt Expense InducedConversionOfConvertibleDebtExpense	10204627	USD
CY2011	us-gaap	Interest And Debt Expense InterestAndDebtExpense	638983	USD
CY2010	us-gaap	Interest And Debt Expense InterestAndDebtExpense	578642	USD
CY2009	us-gaap	Interest And Debt Expense InterestAndDebtExpense	31195905	USD
CY2011	us-gaap	Interest Expense InterestExpense	50000	USD
CY2010	us-gaap	Interest Expense InterestExpense	50180	USD
CY2009	us-gaap	Interest Expense InterestExpense	420731	USD
CY2011	us-gaap	Interest Paid InterestPaid	50000	USD
CY2010	us-gaap	Interest Paid InterestPaid	50180	USD
CY2009	us-gaap	Interest Paid InterestPaid	24795	USD
CY2011Q4	us-gaap	Liabilities Liabilities	6039862	USD
CY2010Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1974613	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	983444	USD
CY2010Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1194838	USD
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6039862	USD
CY2009	us-gaap	Net Income Loss NetIncomeLoss	-37359188	USD
CY2010	us-gaap	Net Income Loss NetIncomeLoss	-2603384	USD
CY2011	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	229744	USD
CY2010	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		USD
CY2009	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-250000	USD
CY2011	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	66675	USD
CY2010	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-268209	USD
CY2009	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-54364	USD
CY2011	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-388278	USD
CY2010	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1552403	USD
CY2009	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-5428273	USD
CY2011	us-gaap	Net Income Loss NetIncomeLoss	-2102548	USD
CY2011	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest		USD
CY2010	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest		USD
CY2009	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-24173	USD
CY2011	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-135341	USD
CY2010	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	49681	USD
CY2009	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	36572	USD
CY2011	us-gaap	Operating Expenses OperatingExpenses	2007315	USD
CY2010	us-gaap	Operating Expenses OperatingExpenses	2778004	USD
CY2009	us-gaap	Operating Expenses OperatingExpenses	5423074	USD
CY2011	us-gaap	Operating Income Loss OperatingIncomeLoss	-1328224	USD
CY2010	us-gaap	Operating Income Loss OperatingIncomeLoss	-2074423	USD
CY2009	us-gaap	Operating Income Loss OperatingIncomeLoss	-6224028	USD
CY2011	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease	13929	USD
CY2010	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease	41932	USD
CY2009	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease	26655	USD
CY2011	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest		USD
CY2010	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest		USD
CY2009	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest	-828	USD
CY2011	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	13929	USD
CY2009	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	128489	USD
CY2010Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2011Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2010Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2011Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2010Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2011Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2010	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity	908441	USD
CY2009	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity		USD
CY2011	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	35309	USD
CY2010	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	41932	USD
CY2009	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	27483	USD
CY2011	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	167488	USD
CY2010	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-111627	USD
CY2009	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	27483	USD
CY2011	us-gaap	Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	-153559	USD
CY2010	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-153559	USD
CY2011	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-135595	USD
CY2010	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	48307	USD
CY2009	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	14086	USD
CY2011	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts		USD
CY2010	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts		USD
CY2009	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	250000	USD
CY2011	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity		USD
CY2010	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	56618	USD
CY2010Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2011Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2010Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2011Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2010Q4	us-gaap	Prepaid Advertising PrepaidAdvertising	209186	USD
CY2011Q4	us-gaap	Prepaid Advertising PrepaidAdvertising	182969	USD
CY2010Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	385422	USD
CY2011Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	193424	USD
CY2011	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	48351	USD
CY2010	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	641211	USD
CY2009	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities		USD
CY2011	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	53633	USD
CY2010	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	55639	USD
CY2009	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	74449	USD
CY2011	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets		USD
CY2011	us-gaap	Profit Loss ProfitLoss	-2102548	USD
CY2010	us-gaap	Profit Loss ProfitLoss	-2603384	USD
CY2009	us-gaap	Profit Loss ProfitLoss	-37383361	USD
CY2010Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	574407	USD
CY2010	us-gaap	Proceeds From Sales Of Business Affiliate And Productive Assets ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets		USD
CY2008Q4	us-gaap	Stockholders Equity StockholdersEquity	-23356217	USD
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	363596	USD
CY2011	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts		USD
CY2010	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	11421	USD
CY2009	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-542771	USD
CY2010Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-124616504	USD
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-126719052	USD
CY2011	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	521109	USD
CY2010	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	449320	USD
CY2009	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	630730	USD
CY2011	us-gaap	Share Based Compensation ShareBasedCompensation	403178	USD
CY2010	us-gaap	Share Based Compensation ShareBasedCompensation	681681	USD
CY2009	us-gaap	Share Based Compensation ShareBasedCompensation	878669	USD
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	-3524536	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	-5056418	USD
CY2009Q4	us-gaap	Stockholders Equity StockholdersEquity	-1491206	USD
CY2011	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	60000	USD

Files In Submission

Name	View Source	Status
0001214659-12-001689-index-headers.html	Edgar Link	pending
0001214659-12-001689-index.html	Edgar Link	pending
0001214659-12-001689.txt	Edgar Link	pending
0001214659-12-001689-xbrl.zip	Edgar Link	pending
bakerlogo.jpg	Edgar Link	pending
cert.gif	Edgar Link	pending
cyfansig.gif	Edgar Link	pending
ex10_18.htm	Edgar Link	pending
ex10_23.htm	Edgar Link	pending
ex21_1.htm	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
ex32_1.htm	Edgar Link	pending
ex32_2.htm	Edgar Link	pending
ex3_5.htm	Edgar Link	pending
ex4_2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
imgp7.jpg	Edgar Link	pending
lcentre.gif	Edgar Link	pending
leighton.jpg	Edgar Link	pending
m31312010k.htm	Edgar Link	pending
nwcn-20111231.xml	Edgar Link	completed
nwcn-20111231.xsd	Edgar Link	pending
nwcn-20111231_cal.xml	Edgar Link	unprocessable
nwcn-20111231_def.xml	Edgar Link	unprocessable
nwcn-20111231_lab.xml	Edgar Link	unprocessable
nwcn-20111231_pre.xml	Edgar Link	unprocessable
nwcnlogo.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
seal.jpg	Edgar Link	pending
Show.js	Edgar Link	pending
stansig.jpg	Edgar Link	pending

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$NWCN
NETWORK CN INC Stock $nwcn

2011 Form 10-K Financial Statement

#000121465912001689 Filed on April 16, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NWCN NETWORK CN INC Stock $nwcn

2011 Form 10-K Financial Statement

#000121465912001689 Filed on April 16, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NWCN
NETWORK CN INC Stock $nwcn