2014 Q4 Form 10-Q Financial Statement
#000121465914007859 Filed on November 19, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q4 |
---|---|---|---|
Revenue | $20.00K | $204.2K | $180.0K |
YoY Change | -88.89% | 35.15% | -66.67% |
Cost Of Revenue | $0.00 | $160.0K | $420.0K |
YoY Change | -100.0% | -27.27% | -14.29% |
Gross Profit | $20.00K | $42.77K | -$240.0K |
YoY Change | -108.33% | -165.91% | -580.0% |
Gross Profit Margin | 100.0% | 20.94% | -133.33% |
Selling, General & Admin | $10.00K | $222.2K | $330.0K |
YoY Change | -96.97% | -20.77% | -59.76% |
% of Gross Profit | 50.0% | 519.65% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | -50.0% | -85.71% |
% of Gross Profit | 50.0% | 23.38% | |
Operating Expenses | $10.00K | $228.5K | $330.0K |
YoY Change | -96.97% | -18.52% | -57.69% |
Operating Profit | $10.00K | -$185.8K | -$570.0K |
YoY Change | -101.75% | -46.21% | -21.92% |
Interest Expense | -$100.0K | $88.79K | -$660.0K |
YoY Change | -84.85% | 35.4% | 88.57% |
% of Operating Profit | -1000.0% | ||
Other Income/Expense, Net | $0.00 | $1.732K | $10.00K |
YoY Change | -100.0% | -82.01% | |
Pretax Income | -$90.00K | -$272.8K | -$1.220M |
YoY Change | -92.62% | -69.63% | 12.96% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$90.00K | -$272.8K | -$1.220M |
YoY Change | -92.62% | -69.63% | 12.96% |
Net Earnings / Revenue | -450.0% | -133.58% | -677.78% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$11.64K | -$34.93K | -$172.6K |
COMMON SHARES | |||
Basic Shares Outstanding | 115.9M shares | 115.9M shares | 106.4M shares |
Diluted Shares Outstanding | 7.728M shares |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2013 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $20.00K | $120.0K | $110.0K |
YoY Change | -81.82% | 300.0% | 450.0% |
Cash & Equivalents | $22.65K | $118.6K | $111.9K |
Short-Term Investments | |||
Other Short-Term Assets | $150.0K | $150.0K | $330.0K |
YoY Change | -54.55% | -55.88% | -56.0% |
Inventory | |||
Prepaid Expenses | $103.7K | $105.2K | $102.7K |
Receivables | $11.93K | $10.00K | $760.0K |
Other Receivables | $0.00 | $0.00 | $1.530M |
Total Short-Term Assets | $186.1K | $277.9K | $1.205M |
YoY Change | -84.56% | -70.99% | -18.75% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $38.53K | $51.20K | $83.16K |
YoY Change | -53.67% | -44.49% | -67.53% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $38.53K | $51.20K | $83.16K |
YoY Change | -53.67% | -44.49% | -67.53% |
TOTAL ASSETS | |||
Total Short-Term Assets | $186.1K | $277.9K | $1.205M |
Total Long-Term Assets | $38.53K | $51.20K | $83.16K |
Total Assets | $224.7K | $329.1K | $1.288M |
YoY Change | -82.56% | -68.67% | -25.94% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $525.8K | $523.4K | $1.222M |
YoY Change | -56.97% | -30.79% | 64.17% |
Accrued Expenses | $3.090M | ||
YoY Change | 44.39% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.094M | $1.846M | $1.536M |
YoY Change | 36.29% | 35.96% | 107.14% |
Long-Term Debt Due | $10.00K | $10.00K | $4.080M |
YoY Change | -99.75% | -99.71% | 40700.0% |
Total Short-Term Liabilities | $4.536M | $4.528M | $8.916M |
YoY Change | -49.12% | -39.8% | 152.63% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.020M | $5.020M | $30.00K |
YoY Change | 16633.33% | 16633.33% | -98.66% |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $5.018M | $5.021M | $29.75K |
YoY Change | 16767.03% | 15281.18% | -98.67% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.536M | $4.528M | $8.916M |
Total Long-Term Liabilities | $5.018M | $5.021M | $29.75K |
Total Liabilities | $9.554M | $9.548M | $8.945M |
YoY Change | 6.8% | 26.41% | 54.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$134.3M | -$131.8M | |
YoY Change | 1.89% | 3.04% | |
Common Stock | $7.719K | $115.9K | $106.4K |
YoY Change | -92.75% | 9.96% | 2.72% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$9.329M | -$9.219M | -$7.657M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $224.7K | $329.1K | $1.288M |
YoY Change | -82.56% | -68.67% | -25.94% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$90.00K | -$272.8K | -$1.220M |
YoY Change | -92.62% | -69.63% | 12.96% |
Depreciation, Depletion And Amortization | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | -50.0% | -85.71% |
Cash From Operating Activities | -$340.0K | -$100.0K | -$50.00K |
YoY Change | 580.0% | -72.97% | -80.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $30.00K | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | $30.00K | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 240.0K | 180.0K | 160.0K |
YoY Change | 50.0% | -41.94% | -27.27% |
NET CHANGE | |||
Cash From Operating Activities | -340.0K | -100.0K | -50.00K |
Cash From Investing Activities | 0.000 | 30.00K | 0.000 |
Cash From Financing Activities | 240.0K | 180.0K | 160.0K |
Net Change In Cash | -100.0K | 110.0K | 110.0K |
YoY Change | -190.91% | -283.33% | -466.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$340.0K | -$100.0K | -$50.00K |
Capital Expenditures | $0.00 | $0.00 | $0.00 |
Free Cash Flow | -$340.0K | -$100.0K | -$50.00K |
YoY Change | 580.0% | -72.97% | -80.0% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
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Cash And Cash Equivalents At Carrying Value
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|
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Accounts Receivable Net Current
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|
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Prepaid Advertising
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|
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CY2013Q4 | us-gaap |
Prepaid Advertising
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|
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Preferred Stock Shares Outstanding
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|
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Preferred Stock Shares Outstanding
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|
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Common Stock Par Or Stated Value Per Share
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|
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Common Stock Shares Authorized
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Preferred Stock Shares Issued
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Common Stock Par Or Stated Value Per Share
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Common Stock Shares Authorized
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Preferred Stock Value
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|
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|
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Capital Lease Obligations Noncurrent
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|
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|
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General And Administrative Expense
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|
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Operating Expenses
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|
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Operating Expenses
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Gross Profit
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Gross Profit
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Selling And Marketing Expense
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|
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Selling And Marketing Expense
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Selling And Marketing Expense
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|
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|
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Advertising Revenue Cost
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Gross Profit
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Gross Profit
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|
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Advertising Revenue
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us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
us-gaap |
Interest Paid
InterestPaid
|
197588 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
6708 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4351 | USD | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
21008 | USD |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25359 | USD |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
8342 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
7660 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
966266 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
567741 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
5850 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-4601 | USD | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
415726 | USD | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
616194 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
105874 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
USD | ||
nwcn |
Repayments Of Directors Loans
RepaymentsOfDirectorsLoans
|
85244 | USD | |
nwcn |
Repayments Of Directors Loans
RepaymentsOfDirectorsLoans
|
40793 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
30126 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
412 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
15858 | USD | |
us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
750000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-548724 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-69430 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-981266 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-559201 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-753813 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-126115 | USD | |
nwcn |
Increase Decrease In Prepayments For Advertising Operating Rights
IncreaseDecreaseInPrepaymentsForAdvertisingOperatingRights
|
USD | ||
nwcn |
Increase Decrease In Prepayments For Advertising Operating Rights
IncreaseDecreaseInPrepaymentsForAdvertisingOperatingRights
|
-576541 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-180239 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
178299 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
74473 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
208641 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
17100 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-68900 | USD | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
37403 | USD | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
37403 | USD | |
CY2014Q3 | nwcn |
Prepayments For Advertising Operating Rights Accumulated Amortization
PrepaymentsForAdvertisingOperatingRightsAccumulatedAmortization
|
USD | |
CY2013Q4 | nwcn |
Prepayments For Advertising Operating Rights Accumulated Amortization
PrepaymentsForAdvertisingOperatingRightsAccumulatedAmortization
|
648082 | USD |
CY2013Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
12603 | USD |
CY2013Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
36932 | USD |
CY2014Q3 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
4665 | USD |
CY2013Q4 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
244 | USD |
CY2014Q3 | us-gaap |
Retainage Deposit
RetainageDeposit
|
USD | |
CY2013Q4 | us-gaap |
Retainage Deposit
RetainageDeposit
|
195677 | USD |
CY2014Q3 | nwcn |
Payments From Customers Withheld By Third Party
PaymentsFromCustomersWithheldByThirdParty
|
1561100 | USD |
CY2013Q4 | nwcn |
Payments From Customers Withheld By Third Party
PaymentsFromCustomersWithheldByThirdParty
|
1524481 | USD |
CY2014Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
523426 | USD |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1222004 | USD |
CY2014Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1209205 | USD |
CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1032593 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
32987 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
95584 | USD | |
CY2014Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.1 | |
CY2014Q3 | nwcn |
Amortization Of Prepayments For Advertising Operating Rights
AmortizationOfPrepaymentsForAdvertisingOperatingRights
|
USD | |
CY2013Q3 | nwcn |
Amortization Of Prepayments For Advertising Operating Rights
AmortizationOfPrepaymentsForAdvertisingOperatingRights
|
160489 | USD |
nwcn |
Amortization Of Prepayments For Advertising Operating Rights
AmortizationOfPrepaymentsForAdvertisingOperatingRights
|
USD | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" font-style: italic; display: inline; font-family : Times New Roman; font-size: 10pt;"> <font style=" display: inline; font-weight: bold;">(S) Concentration of Credit Risk</font></font></div> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;"> </font></div> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;">The Company places its cash with various financial institutions. The Company believes that no significant credit risk exists as these cash investments are made with high-credit-quality financial institutions.</font></div> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;"> </font></div> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;">All the revenue of the Company and a significant portion of the Company's assets are generated and located in China. The Company's business activities and accounts receivable are mainly from advertising services. Deposits are usually collected from customers in advance and the Company performs ongoing credit evaluation of its customers. The Company believes that no significant credit risk exists as credit loss.</font></div> <div style=" text-indent: 0pt; display: block;"> </div> <div style=" text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"> <div> <div align="center" style=" width: 100%;"></div> </div> </div> <div style=" text-indent: 0pt; display: block;"><br/> </div> <div style=" text-indent: 0pt; display: block;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;">The Company is engaged in the provision of out-of-home advertising in China. As of September 30, 2014 and December 31, 2013, one customer accounted for approximately <font>76</font>% and <font>96</font>% of its accounts receivable balances, respectively. Due to the longstanding nature of its relationships with this customer and contractual obligations, the Company is confident that it will recover these amounts. The Company establishes an allowance for doubtful debts accounts upon its assessment of various factors. The Company considers historical experience, the age of the receivable balances, the credit quality of its customers, current economic conditions, and other factors that may affect customers' ability to pay to determine the level of allowance required.</font></div> </div> | ||
nwcn |
Amortization Of Prepayments For Advertising Operating Rights
AmortizationOfPrepaymentsForAdvertisingOperatingRights
|
726015 | USD | |
CY2014Q3 | nwcn |
Prepayments For Advertising Operating Rights Gross
PrepaymentsForAdvertisingOperatingRightsGross
|
USD | |
CY2013Q4 | nwcn |
Prepayments For Advertising Operating Rights Gross
PrepaymentsForAdvertisingOperatingRightsGross
|
648082 | USD |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" font-style: italic; display: inline; font-family : Times New Roman; font-size: 10pt; font-weight: bold;">(C) Use of Estimates</font></div> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;"> </font></div> <div align="justify" style=" text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style=" display: inline; font-family : Times New Roman; font-size: 10pt;">In preparing unaudited condensed consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Differences from those estimates are reported in the period they become known and are disclosed to the extent they are material to the unaudited condensed consolidated financial statements taken as a whole.</font></div> </div> | ||
CY2014Q3 | us-gaap |
Security Deposit
SecurityDeposit
|
45402 | USD |
CY2014Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
19690 | USD |
CY2013Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
773611 | USD |
CY2014Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
13526 | USD |
CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
13634 | USD |
CY2014Q3 | nwcn |
Prepaid And Other Current Assets Gross
PrepaidAndOtherCurrentAssetsGross
|
1716363 | USD |
CY2013Q4 | nwcn |
Prepaid And Other Current Assets Gross
PrepaidAndOtherCurrentAssetsGross
|
1859999 | USD |
CY2014Q3 | nwcn |
Allowancefor Doubtful Other Debts Current
AllowanceforDoubtfulOtherDebtsCurrent
|
1563242 | USD |
CY2013Q4 | nwcn |
Allowancefor Doubtful Other Debts Current
AllowanceforDoubtfulOtherDebtsCurrent
|
1526639 | USD |
CY2014Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
105196 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
102665 | USD |
CY2014Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
12602 | USD |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
218295 | USD | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
128192 | USD | |
CY2013Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1536440 | USD |
CY2014Q3 | us-gaap |
Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
|
17334 | USD |
CY2013Q4 | us-gaap |
Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
|
117829 | USD |
CY2014Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
177614 | USD |
CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
109559 | USD |
CY2014Q3 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
USD | |
CY2013Q4 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
85244 | USD |
CY2014Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
407210 | USD |
CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
345917 | USD |
CY2014Q3 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
35893 | USD |
CY2013Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
9088 | USD |
CY2014Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
75562 | USD |
CY2014Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
298769 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
381187 | USD |
CY2014Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1846293 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
|
13846 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
|
13846 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
|
4615 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
|
35769 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
|
3127 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
|
32642 | USD |
CY2014Q3 | us-gaap |
Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
|
3462 | USD |
CY2014Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | |
CY2013Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
496859 | USD |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
935588 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1283522 | USD | |
CY2014Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
USD | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
11339 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
USD | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
88555 | USD |
CY2014Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
41797 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
43198 | USD |
CY2014Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
7500000 | shares |
CY2013Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
47737 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
124650 | USD | |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
144453 | USD | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
43198 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
34018 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
64567676 | shares | |
CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2483389 | shares |
CY2013Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
65299908 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1819290 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
104970840 | shares | |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
shares | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
shares | ||
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
shares | ||
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115919467 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
105419467 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
114730968 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
104970840 | shares | |
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
shares | |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
shares | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
shares | ||
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
shares | ||
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
shares | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115919467 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
105419467 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114730968 | shares | |
dei |
Entity Registrant Name
EntityRegistrantName
|
NETWORK CN INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000934796 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 |