2014 Q2 Form 10-K Financial Statement
#000114420414040441 Filed on June 30, 2014
Income Statement
Concept | 2014 Q2 | 2014 Q1 | 2014 |
---|---|---|---|
Revenue | $41.44K | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | $11.88K | $120.0K | |
YoY Change | |||
Gross Profit | $29.57K | $120.0K | |
YoY Change | |||
Gross Profit Margin | 71.34% | ||
Selling, General & Admin | $590.0K | $790.0K | $2.800M |
YoY Change | -23.38% | -7.28% | |
% of Gross Profit | 1995.54% | 2333.33% | |
Research & Development | $246.0K | $30.00K | $575.1K |
YoY Change | 99.6% | -21.91% | |
% of Gross Profit | 831.97% | 479.24% | |
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $833.0K | $820.0K | $575.1K |
YoY Change | -6.47% | -21.91% | |
Operating Profit | -$803.4K | -$3.598M | |
YoY Change | -9.79% | 41.14% | |
Interest Expense | $657.00 | -$610.0K | $404.3K |
YoY Change | -99.66% | 16.55% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$660.0K | -$1.430M | -$4.050M |
YoY Change | -26.67% | -2.41% | |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$655.8K | -$1.430M | -$4.153M |
YoY Change | -27.08% | 51.42% | |
Net Earnings / Revenue | -1582.48% | ||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.10 | -$0.22 | -$0.57 |
COMMON SHARES | |||
Basic Shares Outstanding | 67.11M shares | 66.43M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q2 | 2014 Q1 | 2014 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $830.0K | $1.400M | $390.0K |
YoY Change | -29.06% | -72.14% | |
Cash & Equivalents | $830.1K | $1.403M | |
Short-Term Investments | |||
Other Short-Term Assets | $10.00K | $20.00K | $0.00 |
YoY Change | -90.91% | -100.0% | |
Inventory | $15.87K | $0.00 | $10.00K |
Prepaid Expenses | $9.464K | $10.64K | |
Receivables | $27.93K | $0.00 | $60.00K |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $880.0K | $1.424M | $460.0K |
YoY Change | -31.34% | 169.24% | -67.61% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | |||
Total Long-Term Assets | $3.384K | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $880.0K | $1.424M | $460.0K |
Total Long-Term Assets | $3.384K | $0.00 | $0.00 |
Total Assets | $883.4K | $1.424M | $460.0K |
YoY Change | -31.08% | 164.05% | -67.61% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $160.0K | $80.00K | $130.0K |
YoY Change | -11.11% | 62.5% | |
Accrued Expenses | $0.00 | ||
YoY Change | -100.0% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.470M | $1.535M | $1.540M |
YoY Change | -11.4% | 191.14% | 0.65% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.470M | $1.535M | $1.540M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $1.475M | $1.535M | $1.540M |
YoY Change | -33.91% | 38.58% | 0.65% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$8.983M | -$8.327M | |
YoY Change | -277.06% | 99.49% | |
Common Stock | $67.21K | $66.83K | |
YoY Change | 12.42% | 20.08% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$591.4K | -$110.4K | -$1.080M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $883.4K | $1.424M | $460.0K |
YoY Change | -31.08% | 164.05% | -67.61% |
Cashflow Statement
Concept | 2014 Q2 | 2014 Q1 | 2014 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$655.8K | -$1.430M | -$4.153M |
YoY Change | -27.08% | 51.42% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$590.0K | -$530.0K | -$2.500M |
YoY Change | 64.13% | 17.37% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $10.00K | $0.00 | $10.00K |
YoY Change | |||
Cash From Investing Activities | $10.00K | $0.00 | $10.00K |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.133M | ||
YoY Change | 166.65% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 10.00K | 110.0K | 1.480M |
YoY Change | -99.12% | -52.87% | |
NET CHANGE | |||
Cash From Operating Activities | -590.0K | -530.0K | -2.500M |
Cash From Investing Activities | 10.00K | 0.000 | 10.00K |
Cash From Financing Activities | 10.00K | 110.0K | 1.480M |
Net Change In Cash | -570.0K | -420.0K | -1.010M |
YoY Change | -173.67% | -200.0% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$590.0K | -$530.0K | -$2.500M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q1 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
10413 | USD |
CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2025000 | shares |
CY2014 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
156400 | USD |
CY2013 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
736420 | USD |
CY2014 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
575092 | USD |
CY2013Q1 | us-gaap |
Cash
Cash
|
392483 | USD |
CY2014Q1 | us-gaap |
Cash
Cash
|
1403403 | USD |
CY2013Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
11573 | USD |
CY2014Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
10637 | USD |
CY2013Q1 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
125000 | USD |
CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
529056 | USD |
CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
1424453 | USD |
CY2013Q1 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
10417 | USD |
CY2014Q1 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
0 | USD |
CY2013Q1 | us-gaap |
Assets
Assets
|
539473 | USD |
CY2014Q1 | us-gaap |
Assets
Assets
|
1424453 | USD |
CY2013Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
112263 | USD |
CY2014Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
79915 | USD |
CY2013Q1 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
6930 | USD |
CY2014Q1 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
16100 | USD |
CY2013Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
9375 | USD |
CY2014Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
0 | USD |
CY2013Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
398603 | USD |
CY2014Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1438814 | USD |
CY2013Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
527171 | USD |
CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1534829 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
3143753 | USD |
CY2014 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
0 | USD |
CY2013Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
374592 | USD |
CY2014Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
0 | USD |
CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
1107579 | USD |
CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
1534829 | USD |
CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
55659 | USD |
CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
66833 | USD |
CY2013Q1 | us-gaap |
Deferred Compensation Equity
DeferredCompensationEquity
|
157500 | USD |
CY2014Q1 | us-gaap |
Deferred Compensation Equity
DeferredCompensationEquity
|
149714 | USD |
CY2013Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3707772 | USD |
CY2014Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
8299366 | USD |
CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4174037 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8326861 | USD |
CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-568106 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-110376 | USD |
CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
539473 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1424453 | USD |
CY2014 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <u>Use of Estimates and Assumptions</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="left">The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. The more significant estimates and assumptions by management include, among others, the fair value of shares issued for services, fair value of warrants issued in conjunction with convertible debentures, and assumptions used in the valuation of conversion features and derivative liabilities.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2014 | us-gaap |
Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <u>Derivative Financial Instruments</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="left">The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses the probability weighted average Black-Scholes-Merton models to value the derivative instruments at inception and on subsequent valuation dates through the March 31, 2014 reporting date. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
stvf |
Warrants Granted Period In Weighted Exercise Price
WarrantsGrantedPeriodInWeightedExercisePrice
|
0.34 | ||
stvf |
Minimum Warrants Exercise Price
MinimumWarrantsExercisePrice
|
0.20 | ||
CY2013 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
170000 | USD |
CY2014 | stvf |
Payment Of Costs Related To Purchase Agreement
PaymentOfCostsRelatedToPurchaseAgreement
|
578458 | USD |
CY2013Q1 | us-gaap |
Fair Value Assumptions Exercise Price
FairValueAssumptionsExercisePrice
|
0.50 | |
CY2013Q1 | us-gaap |
Share Price
SharePrice
|
0.45 | |
CY2014Q1 | us-gaap |
Share Price
SharePrice
|
0.41 | |
CY2013 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.0025 | pure |
CY2013 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
1.2368 | pure |
CY2014Q1 | stvf |
Stock Options To Purchase
StockOptionsToPurchase
|
5150000 | shares |
CY2013Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
955000 | USD |
CY2014Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
0 | USD |
CY2013Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
580408 | USD |
CY2014Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
0 | USD |
CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
525000000 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
525000000 | shares |
CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
55659102 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
66832523 | shares |
CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
55659102 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
66832523 | shares |
CY2012Q1 | stvf |
Common Subscription Shares
CommonSubscriptionShares
|
625000 | shares |
CY2012Q1 | stvf |
Convertible Debenture Total
ConvertibleDebentureTotal
|
625000 | USD |
CY2012Q1 | stvf |
Debenture Subscription Tranche
DebentureSubscriptionTranche
|
693774 | USD |
CY2014Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.45 | |
CY2012Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
500000 | USD |
CY2014 | stvf |
Loan Placement Fees
LoanPlacementFees
|
55000 | USD |
CY2014Q1 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
523458 | USD |
CY2012Q4 | stvf |
Warrants To Purchase Of Common Stock
WarrantsToPurchaseOfCommonStock
|
1000000 | shares |
CY2014Q1 | stvf |
Free Standing Derivative Value
FreeStandingDerivativeValue
|
500000 | USD |
CY2012Q4 | stvf |
Free Standing Derivative Value
FreeStandingDerivativeValue
|
500000 | USD |
CY2012Q4 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
445000 | USD |
CY2014 | stvf |
Conversion Shares Issuable To Purchaser Percentage
ConversionSharesIssuableToPurchaserPercentage
|
1 | pure |
CY2013Q1 | stvf |
Warrants Exercise Price
WarrantsExercisePrice
|
0.50 | |
CY2014 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
733334 | shares |
CY2013 | stvf |
Debenture Outstanding Amount
DebentureOutstandingAmount
|
330000 | USD |
CY2012Q4 | stvf |
Warrants Granted In Period
WarrantsGrantedInPeriod
|
1000000 | shares |
CY2014 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.9215 | pure |
CY2013 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P4Y6M | |
CY2013 | us-gaap |
Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2014 | us-gaap |
Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2013 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
124855 | USD |
CY2014 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
193915 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Issued For Noncash Considerations
StockIssuedDuringPeriodValueIssuedForNoncashConsiderations
|
1249025 | USD |
us-gaap |
Stock Issued During Period Value Issued For Noncash Considerations
StockIssuedDuringPeriodValueIssuedForNoncashConsiderations
|
1249025 | USD | |
CY2014 | stvf |
Number Of Common Stock To Be Issued Upon Exercise Of Warrants
NumberOfCommonStockToBeIssuedUponExerciseOfWarrants
|
3676472 | Warrant |
CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2100000 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
4225000 | shares |
CY2013 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1750000 | shares |
CY2014 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1250000 | shares |
CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
100000 | shares |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
100000 | shares |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2275000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5150000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
4291670 | shares |
CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.10 | |
CY2013 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.29 | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.16 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.26 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.29 | |
CY2014 | stvf |
Weighted Average Remaining Vesting Period
WeightedAverageRemainingVestingPeriod
|
P2Y | |
CY2012Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
0 | shares |
CY2013 | stvf |
Warrants Granted In Period
WarrantsGrantedInPeriod
|
1080000 | shares |
CY2014 | stvf |
Warrants Granted In Period
WarrantsGrantedInPeriod
|
11323601 | shares |
CY2013 | stvf |
Warrants Exercised In Period
WarrantsExercisedInPeriod
|
0 | shares |
CY2014 | stvf |
Warrants Exercised In Period
WarrantsExercisedInPeriod
|
4676472 | shares |
CY2013 | stvf |
Warrants Cancelled In Period
WarrantsCancelledInPeriod
|
0 | shares |
CY2013Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1080000 | shares |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
7727129 | shares |
CY2014Q1 | stvf |
Warrants Exercisable
WarrantsExercisable
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CY2012Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
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CY2013 | stvf |
Warrants Granted Period In Weighted Exercise Price
WarrantsGrantedPeriodInWeightedExercisePrice
|
0.50 | |
CY2014 | stvf |
Warrants Granted Period In Weighted Exercise Price
WarrantsGrantedPeriodInWeightedExercisePrice
|
0.50 | |
CY2014 | stvf |
Warrants Exercised Period In Weighted Exercise Price
WarrantsExercisedPeriodInWeightedExercisePrice
|
0.41 | |
CY2013 | stvf |
Warrants Cancelled In Period Weighted Exercise Price
WarrantsCancelledInPeriodWeightedExercisePrice
|
0 | |
CY2013Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
0.50 | |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
0.41 | |
CY2012Q4 | stvf |
Warrants Granted Period In Weighted Exercise Price
WarrantsGrantedPeriodInWeightedExercisePrice
|
0.70 | |
CY2013Q4 | stvf |
Warrants Granted Period In Weighted Exercise Price
WarrantsGrantedPeriodInWeightedExercisePrice
|
0.42 | |
CY2013Q4 | stvf |
Warrants Exercised
WarrantsExercised
|
314000 | shares |
CY2013Q4 | stvf |
Warrants Exercised
WarrantsExercised
|
3362472 | shares |
CY2014Q1 | stvf |
Aggregate Intrinsic Value Of Warrants Outstanding
AggregateIntrinsicValueOfWarrantsOutstanding
|
42365 | USD |
CY2013Q4 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
157000 | USD |
CY2014Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
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CY2013 | us-gaap |
Revenues
Revenues
|
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CY2014 | us-gaap |
Revenues
Revenues
|
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CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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CY2014 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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CY2013 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
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CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
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CY2014 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
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CY2013 | us-gaap |
Interest Expense
InterestExpense
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CY2013 | us-gaap |
Increase Decrease In Security Deposits
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|
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CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
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|
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CY2013 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
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CY2014 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
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CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
532206 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
392483 | USD |
CY2014 | us-gaap |
Interest Expense
InterestExpense
|
404317 | USD |
CY2013 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
107004 | USD |
CY2014 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2013 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
42 | USD |
CY2014 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
0 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2742522 | USD |
CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4152824 | USD |
CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
CY2014 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.07 | |
CY2013 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
53370064 | shares |
CY2014 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
60128127 | shares |
CY2013Q1 | stvf |
Landlease Agreement Rent Ag
LandleaseAgreementRentAg
|
148750 | USD |
CY2014Q1 | stvf |
Landlease Agreement Rent Ag
LandleaseAgreementRentAg
|
156400 | USD |
CY2012Q3 | stvf |
Landlease Agreement Rent Ag
LandleaseAgreementRentAg
|
1000 | USD |
CY2014 | stvf |
Initial Term Of Patents License Agreement
InitialTermOfPatentsLicenseAgreement
|
P10Y | |
CY2014Q1 | stvf |
Cash Fees And Payable For Patents License Agreement
CashFeesAndPayableForPatentsLicenseAgreement
|
50000 | USD |
CY2014 | stvf |
Percentage Of Royalties On Sale Price Of Products
PercentageOfRoyaltiesOnSalePriceOfProducts
|
0.005 | pure |
CY2014Q1 | stvf |
Minimum Annual Royalty
MinimumAnnualRoyalty
|
10000 | USD |
CY2014 | stvf |
Proceeds From Patent Prosecution Cost
ProceedsFromPatentProsecutionCost
|
50000 | USD |
CY2012Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-49231 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
409000 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
325998 | USD |
CY2014 | stvf |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
1824505 | USD |
CY2013 | stvf |
Common Stock Issued Upon Conversion Of Convertible Notes Payable Value
CommonStockIssuedUponConversionOfConvertibleNotesPayableValue
|
107004 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
31500 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
43786 | USD |
CY2013 | stvf |
Stock Issued During Period Value Accrued Interest
StockIssuedDuringPeriodValueAccruedInterest
|
29500 | USD |
CY2014 | stvf |
Stock Issued During Period Value Accrued Interest
StockIssuedDuringPeriodValueAccruedInterest
|
37501 | USD |
CY2014 | stvf |
Adjustments To Additional Paid In Capital Extinguishment Of Derivative Liabilities
AdjustmentsToAdditionalPaidInCapitalExtinguishmentOfDerivativeLiabilities
|
359734 | USD |
CY2013 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
833143 | USD |
CY2014 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1222031 | USD |
CY2013 | us-gaap |
Debt Issuance Costs
DebtIssuanceCosts
|
78458 | USD |
CY2014 | us-gaap |
Debt Issuance Costs
DebtIssuanceCosts
|
0 | USD |
CY2013 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
297884 | USD |
CY2014 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
374592 | USD |
CY2013 | stvf |
Cancellation Of Payable Of Option Exercise Price
CancellationOfPayableOfOptionExercisePrice
|
196000 | USD |
CY2014 | stvf |
Cancellation Of Payable Of Option Exercise Price
CancellationOfPayableOfOptionExercisePrice
|
0 | USD |
CY2013 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
7873 | USD |
CY2014 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-936 | USD |
CY2013 | stvf |
Payment For Advance To Related Party Lease
PaymentForAdvanceToRelatedPartyLease
|
135417 | USD |
CY2014 | stvf |
Payment For Advance To Related Party Lease
PaymentForAdvanceToRelatedPartyLease
|
-125004 | USD |
CY2013 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
36953 | USD |
CY2014 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
29686 | USD |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
-3990 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
9170 | USD |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
32500 | USD |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
107652 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-1646723 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-2132833 | USD |
CY2013 | stvf |
Proceeds From Convertible Notes Payable
ProceedsFromConvertibleNotesPayable
|
870000 | USD |
CY2014 | stvf |
Proceeds From Convertible Notes Payable
ProceedsFromConvertibleNotesPayable
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
213000 | USD |
CY2014 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
185998 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1508000 | USD |
CY2014 | stvf |
Issuance Of Common Stock Upon Conversion Of Notes Payable And Accrued Interest
IssuanceOfCommonStockUponConversionOfNotesPayableAndAccruedInterest
|
994061 | USD |
CY2013 | stvf |
Fair Value Of Warrants Issued With Convertible Debentures
FairValueOfWarrantsIssuedWithConvertibleDebentures
|
500000 | USD |
CY2014 | stvf |
Fair Value Of Warrants Issued With Convertible Debentures
FairValueOfWarrantsIssuedWithConvertibleDebentures
|
0 | USD |
CY2013 | stvf |
Extinguishment Of Warrant Derivative Liabilities
ExtinguishmentOfWarrantDerivativeLiabilities
|
0 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1403403 | USD |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
CY2014 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2014 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Issued For Noncash Considerations
StockIssuedDuringPeriodValueIssuedForNoncashConsiderations
|
0 | USD |
CY2013 | stvf |
Cancellation Of Accounts Payable Of Option Exercise Price
CancellationOfAccountsPayableOfOptionExercisePrice
|
0 | USD |
CY2014 | stvf |
Cancellation Of Accounts Payable Of Option Exercise Price
CancellationOfAccountsPayableOfOptionExercisePrice
|
140000 | USD |
CY2013 | stvf |
Issuance Of Common Stock Upon Conversion Of Notes Payable And Accrued Interest
IssuanceOfCommonStockUponConversionOfNotesPayableAndAccruedInterest
|
556504 | USD |
CY2014 | stvf |
Extinguishment Of Warrant Derivative Liabilities
ExtinguishmentOfWarrantDerivativeLiabilities
|
359734 | USD |
CY2014 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b>1.  BUSINESS AND BASIS OF OPERATIONS</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="left">Stevia First Corp. (the “Company”, “we”, “us” or “our”), was incorporated under the laws of the State of Nevada on June 29, 2007. During the period from July 1, 2007 to June 30, 2011, the Company commenced operations by issuing shares and acquiring a mineral property located in the Province of Saskatchewan, Canada. The Company was unable to keep the mineral claim in good standing due to lack of funding, and accordingly its interest in it has expired. On October 10, 2011, the Company completed a merger with its wholly-owned subsidiary, Stevia First Corp., whereby it changed its name from “Legend Mining Inc.” to “Stevia First Corp.” In connection with a related change in management, the addition of key personnel, and the lease of property for laboratory and office space in California, the Company is now pursuing its new business as an agricultural biotechnology company engaged primarily in developing novel methods and technologies for industrial production of stevia, using such methods and technologies to develop, obtain approval for and commercialize one or more stevia extract products, and exploring and commercializing additional research applications for such methods and technologies.  As of March 31, 2014, the Company had not produced any revenues.  The Company's fiscal year end is March 31.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">On June 10, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-10 (ASU 2014-10), <i>Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation.</i>  ASU 2014-10 eliminates the requirement to present inception-to-date information about income statement line items, cash flows, and equity transactions, and clarifies how entities should disclose the risks and uncertainties related to their activities.   ASU 2014-10 also eliminates an exception provided to development stage entities in Consolidations (ASC Topic 810) for determining whether an entity is a variable interest entity on the basis of the amount of investment equity that is at risk.  The presentation and disclosure requirements in Topic 915 are no longer required for interim and annual reporting periods beginning after December 15, 2014.  The revised consolidation standards will take effect in annual periods beginning after December 15, 2015, however, early adoption is permitted.  The Company adopted the provisions of ASU 2014-10 for this annual report on Form 10-K for the fiscal year ended March 31, 2014. </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Going Concern</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">These financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future.  The Company has incurred losses since inception resulting in an accumulated deficit of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">8,326,861</font> as at March 31, 2014, and further losses are anticipated in the development of its business. These and other factors raise substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.</div>    <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">The ability to continue as a going concern is dependent on the Company attaining and maintaining profitable operations in the future and/or raising additional capital to meet its obligations and repay its liabilities arising from normal business operations when they come due. After giving effect to the funds received in recent equity and debt financings, we estimate as of March 31, 2014 we will have sufficient funds to operate the business for the next 6 months.  We will require additional financing to fund our planned future operations, including the continuation of our ongoing research and development efforts, seeking to license or acquire new assets, and researching and developing any potential patents and any further intellectual property that we may acquire. Further, these estimates could differ if we encounter unanticipated difficulties, in which case our current funds may not be sufficient to operate our business for that period.  In addition, our estimates of the amount of cash necessary to operate our business may prove to be wrong, and we could spend our available financial resources much faster than we currently expect.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">We do not have any firm commitments for future capital.   Significant additional financing will be required to fund our planned principal operations in the near term and in future periods, including research and development activities relating to stevia extract production, developing and seeking regulatory approval for any of our stevia product candidates, commercializing any product candidate for which we are able to obtain regulatory approval or certification, seeking to license or acquire new assets or businesses, and maintaining our intellectual property rights and pursuing rights to new technologies.   We do not presently have, nor do we expect in the near future to have, significant revenue to fund our business from our operations, and will need to obtain most of our necessary funding from external sources in the near term.   Since inception, we have funded our operations primarily through equity and debt financings, and we expect to continue to rely on these sources of capital in the future. However, if we raise additional funds by issuing equity or convertible debt securities, our existing stockholders’ ownership will be diluted, and obtaining commercial loans would increase our liabilities and future cash commitments. If we pursue capital through alternative sources, such as collaborations or other similar arrangements, we may be forced to relinquish rights to our proprietary technology or other intellectual property and could result in our receipt of only a portion of any revenue that may be generated from a partnered product or business. Further, these or other sources of capital may not be available on commercially reasonable or acceptable terms when needed, or at all.   If we cannot raise the money that we need in order to continue to develop our business, we will be forced to delay, scale back or eliminate some or all of our proposed operations.   If any of these were to occur, there is a substantial risk that our business would fail and our stockholders could lose all of their investment. </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2014 | dei |
Document Type
DocumentType
|
10-K | |
CY2014 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
CY2014 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2014 | dei |
Trading Symbol
TradingSymbol
|
STVF | |
CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
67106570 | shares |
CY2014 | dei |
Entity Registrant Name
EntityRegistrantName
|
Stevia First Corp. | |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1178245 | USD |
CY2013 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1824505 | USD |
CY2014 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001438943 | |
CY2014 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | |
CY2014 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2014 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2014 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2014 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2013Q3 | dei |
Entity Public Float
EntityPublicFloat
|
18186584 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
425000 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
-115775 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
420000 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
956560 | USD |
CY2013 | us-gaap |
Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
|
1.00 | |
CY2014 | us-gaap |
Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
|
0.34 | |
CY2013Q1 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
955000 | USD |
CY2014Q1 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
0 | USD |
CY2014 | stvf |
Warrants Exercisable Period In Weighted Exercisable Price
WarrantsExercisablePeriodInWeightedExercisablePrice
|
0.41 | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
750000 | shares | |
CY2013Q4 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
500000 | shares |
CY2013 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.28 | |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.32 | |
CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
196000 | USD |
CY2013Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
140000 | USD |
CY2014 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2013 | stvf |
Total Stock Based Compensation
TotalStockBasedCompensation
|
801643 | USD |
CY2014 | stvf |
Total Stock Based Compensation
TotalStockBasedCompensation
|
1178245 | USD |
CY2014 | stvf |
Unamortized Cost Stock Awards
UnamortizedCostStockAwards
|
290332 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
553000 | USD |
CY2014 | stvf |
Cost Of Warrant Modification
CostOfWarrantModification
|
344835 | USD |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
801643 | USD |
CY2013 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
425000 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1133250 | USD |
CY2014 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
261249 | USD |
CY2013 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
377778 | shares |
CY2014 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
43370 | shares |
CY2013 | stvf |
Cost Of Warrant Modification
CostOfWarrantModification
|
0 | USD |
CY2014 | stvf |
Fair Value Of Warrants Exercise
FairValueOfWarrantsExercise
|
359731 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
750000 | shares | |
CY2014 | stvf |
Number Of Common Stock To Be Issued Upon Exercise Of Warrants
NumberOfCommonStockToBeIssuedUponExerciseOfWarrants
|
1000000 | pure |
CY2014 | stvf |
Warrants Exercise Price
WarrantsExercisePrice
|
0.34 | |
CY2013Q1 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
523458 | USD |