2013 Q3 Form 10-K Financial Statement
#000114420413054988 Filed on October 11, 2013
Income Statement
Concept | 2013 Q3 | 2013 | 2012 Q2 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $700.0K | $3.550M | $630.0K |
YoY Change | -18.6% | 47.3% | 10.53% |
% of Gross Profit | |||
Research & Development | $314.9K | $1.136M | $70.00K |
YoY Change | 266.93% | 275.66% | 40.0% |
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.019M | $4.688M | $700.0K |
YoY Change | 7.34% | 73.0% | 11.11% |
Operating Profit | -$1.019M | -$4.688M | |
YoY Change | 7.34% | 73.0% | |
Interest Expense | $0.00 | $0.00 | $0.00 |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$1.019M | -$4.688M | -$700.0K |
YoY Change | 7.34% | 73.0% | 12.9% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$1.019M | -$4.688M | -$700.0K |
YoY Change | 7.34% | 73.0% | 12.9% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$6.546K | -$36.04K | -$6.780K |
COMMON SHARES | |||
Basic Shares Outstanding | 147.7M shares | 118.7M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q3 | 2013 | 2012 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $160.0K | $800.0K | $890.0K |
YoY Change | -73.77% | -10.11% | 229.63% |
Cash & Equivalents | |||
Short-Term Investments | |||
Other Short-Term Assets | $660.0K | $800.0K | $750.0K |
YoY Change | -25.84% | 6.67% | -21.05% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $821.3K | $1.600M | $1.639M |
YoY Change | -45.24% | -2.44% | 34.32% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.500K | $10.00K | $3.375K |
YoY Change | -66.25% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $821.3K | $1.600M | $1.639M |
Total Long-Term Assets | $1.500K | $10.00K | $3.375K |
Total Assets | $822.8K | $1.610M | $1.642M |
YoY Change | -45.14% | -1.83% | 33.51% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $190.0K | $260.0K | $130.0K |
YoY Change | 18.75% | 100.0% | 62.5% |
Accrued Expenses | $60.00K | $60.00K | $80.00K |
YoY Change | -14.29% | -25.0% | -68.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $20.00K | $20.00K | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $633.6K | $560.0K | $1.142M |
YoY Change | -47.64% | -50.88% | -23.85% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $633.6K | $560.0K | $1.142M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $630.0K | $560.0K | $1.140M |
YoY Change | -47.93% | -50.88% | -24.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$16.98M | -$11.28M | |
YoY Change | |||
Common Stock | $158.2K | $119.0K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $189.3K | $1.040M | $499.8K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $822.8K | $1.610M | $1.642M |
YoY Change | -45.14% | -1.83% | 33.51% |
Cashflow Statement
Concept | 2013 Q3 | 2013 | 2012 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.019M | -$4.688M | -$700.0K |
YoY Change | 7.34% | 73.0% | 12.9% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Operating Activities | -$906.1K | -$1.805M | -$360.0K |
YoY Change | 76.17% | 14.21% | -76.32% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $123.5K | $2.407M | |
YoY Change | -28.11% | 8.99% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $262.9K | $1.720M | 430.0K |
YoY Change | 11.77% | -21.74% | -64.75% |
NET CHANGE | |||
Cash From Operating Activities | -$906.1K | -$1.805M | -360.0K |
Cash From Investing Activities | $0.00 | $0.00 | 0.000 |
Cash From Financing Activities | $262.9K | $1.720M | 430.0K |
Net Change In Cash | -$643.2K | -$85.33K | 70.00K |
YoY Change | 130.46% | -113.83% | -123.33% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$906.1K | -$1.805M | -$360.0K |
Capital Expenditures | $0.00 | $0.00 | |
Free Cash Flow | -$906.1K | -$360.0K | |
YoY Change | 76.17% | -76.32% |
Facts In Submission
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|
11033160 | USD | |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2427122 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2197478 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11114732 | USD | |
CY2013 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-85332 | USD |
CY2012 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
616990 | USD |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
804257 | USD | |
CY2011Q2 | us-gaap |
Cash
Cash
|
272599 | USD |
CY2002Q4 | us-gaap |
Cash
Cash
|
0 | USD |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
60000 | USD | |
CY2013 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
20150 | USD |
CY2012 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
94493 | USD | |
CY2013 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD |
CY2012 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
11000 | USD |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
72921 | USD | |
CY2013 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2406972 | USD |
CY2012 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2208478 | USD |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
us-gaap |
Interest Paid
InterestPaid
|
62483 | USD | |
CY2013 | smme |
Stock Issued4
StockIssued4
|
0 | USD |
CY2012 | smme |
Stock Issued4
StockIssued4
|
0 | USD |
smme |
Stock Issued4
StockIssued4
|
62400 | USD | |
CY2013 | smme |
Stock Issued2
StockIssued2
|
200 | USD |
CY2012 | smme |
Stock Issued2
StockIssued2
|
0 | USD |
smme |
Stock Issued2
StockIssued2
|
400 | USD | |
CY2006 | us-gaap |
Noninterest Expense Offering Cost
NoninterestExpenseOfferingCost
|
138509 | USD |
CY2004 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
135602 | USD |
CY2002Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
0 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-60 | USD | |
CY2003Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-60 | USD |
CY2004 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-35978 | USD |
CY2005 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
95877 | USD |
CY2006 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1198297 | USD |
CY2006 | smme |
Conversion Of Loan Payable And Accrued Interest To Common Shares
ConversionOfLoanPayableAndAccruedInterestToCommonShares
|
62400 | USD |
CY2006 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
0 | USD |
CY2006 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1225045 | USD |
CY2006Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-199016 | USD |
CY2007 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
760349 | USD |
CY2007 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
0 | USD |
CY2007 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1050189 | USD |
CY2007Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-488856 | USD |
CY2008 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1300224 | USD |
CY2008 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
473400 | USD |
CY2008 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1397056 | USD |
CY2008Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-112288 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
241256 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
443344 | USD |
CY2009 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
105939 | USD |
CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1103089 | USD |
CY2009Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-424838 | USD |
CY2011 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
606687 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1885040 | USD |
CY2011Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-275001 | USD |
CY2010 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1611652 | USD |
CY2010Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-857926 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1861278 | USD |
CY2010 | smme |
Shares Issued For Patent
SharesIssuedForPatent
|
0 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
440400 | USD |
CY2010 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
400414 | USD |
CY2010 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
337750 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2253784 | USD |
CY2012 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
1230940 | USD |
CY2013 | smme |
Shares Issued For Patent
SharesIssuedForPatent
|
0 | USD |
CY2013 | smme |
Shares Issued Of Common Stock For Services Rendered
SharesIssuedOfCommonStockForServicesRendered
|
2793136 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2438223 | USD |
CY2005 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-258355 | USD |
CY2004Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
99564 | USD |
CY2005Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-254668 | USD |
CY2013 | us-gaap |
Related Party Transaction Rate
RelatedPartyTransactionRate
|
0.0500 | pure |
CY2013 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
103814 | USD |
CY2013 | smme |
Lease Agreement Initiation Date
LeaseAgreementInitiationDate
|
February 2012 | |
CY2013 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2015-01-31 | |
CY2013 | smme |
License Agreement Initiation Date
LicenseAgreementInitiationDate
|
2004-08-01 | |
CY2013 | smme |
Percentage Of Revenue To Be Paid As License Fee
PercentageOfRevenueToBePaidAsLicenseFee
|
0.02 | pure |
CY2013 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in"> <strong><u>Reclassifications</u></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in"> Certain amounts in the 2012 consolidated financial statements have been reclassified for comparative purposes to conform to the presentation in the current year consolidated financial statements. These reclassifications had no effect on previously reported results.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2013 | us-gaap |
Property Plant And Equipment Depreciation Methods
PropertyPlantAndEquipmentDepreciationMethods
|
straight line basis | |
CY2013Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
594358 | USD |
CY2012Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
0 | USD |
CY2012 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
46918 | USD |
CY2013 | smme |
License Fee Periodic Payment Description
LicenseFeePeriodicPaymentDescription
|
The license fee is to be paid within 45 days of the end of each quarter. | |
CY2013Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
21572 | USD |
CY2013 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2002-12-18 | |
CY2013 | us-gaap |
Description Of Activities Of Parent Company
DescriptionOfActivitiesOfParentCompany
|
SmartMetrics main product is a fingerprint sensor-activated card with a finger sensor onboard the card and a built-in rechargeable battery for portable biometric identification. This card may be referred to as a biometric card or the SmartMetric Biometric Datacard. SmartMetric has completed development of its card along with pre mass manufacturing cards but has not yet begun to mass manufacture the biometric fingerprint activated cards. | |
CY2013 | dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
State of Nevada | |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in"> <strong><u>Use of Estimates</u></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt">  </div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.75in"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 reporting period.  On an ongoing basis, the Company evaluates its estimates, including, but not limited to, those related to income taxes and contingencies.  The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.  Actual results could differ from those estimates.</div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2012Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
1422 | USD |
CY2012 | us-gaap |
Related Party Transaction Rate
RelatedPartyTransactionRate
|
0.0500 | pure |
CY2013 | smme |
Lease Initiation Date
LeaseInitiationDate
|
2012-03-01 | |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
80931 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
48558 | USD |
CY2013Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
129489 | USD |
CY2013Q2 | smme |
Preferred Stock Par Value Per Share
PreferredStockParValuePerShare
|
0.001 | |
CY2009Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
500000 | shares |
CY2007 | smme |
Number Of Stock Units Authorized For Issuance For Services Rendered
NumberOfStockUnitsAuthorizedForIssuanceForServicesRendered
|
82893 | shares |
CY2010 | smme |
Proceeds From Stock Subscriptions
ProceedsFromStockSubscriptions
|
154004 | USD |
CY2010Q2 | us-gaap |
Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
|
1540040 | shares |
CY2011 | smme |
Number Of Stock Units Sold During Period
NumberOfStockUnitsSoldDuringPeriod
|
34030 | shares |
CY2011 | smme |
Adjustments To Additional Paid In Capital Share Purchased For Selling Of Warrants And Common Stock
AdjustmentsToAdditionalPaidInCapitalSharePurchasedForSellingOfWarrantsAndCommonStock
|
2279028 | shares |
CY2011Q2 | us-gaap |
Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
|
0.28273 | |
CY2012Q4 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
5575000 | shares |
CY2012Q4 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
1115000 | USD |
CY2013Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
21757578 | shares |
CY2011Q3 | smme |
Number Of Stock Units Sold During Period
NumberOfStockUnitsSoldDuringPeriod
|
66.894 | shares |
CY2011Q3 | smme |
Stock Units Sold Per Unit Amount
StockUnitsSoldPerUnitAmount
|
0.80 | |
CY2011Q3 | smme |
Proceeds From Issuance Of Stock Units Net
ProceedsFromIssuanceOfStockUnitsNet
|
668113 | USD |
CY2011Q4 | smme |
Number Of Stock Units Sold During Period
NumberOfStockUnitsSoldDuringPeriod
|
11.5 | shares |
CY2011Q4 | smme |
Stock Units Sold Per Unit Amount
StockUnitsSoldPerUnitAmount
|
0.80 | |
CY2011Q4 | smme |
Proceeds From Issuance Of Stock Units Net
ProceedsFromIssuanceOfStockUnitsNet
|
114800 | USD |
CY2012Q1 | smme |
Number Of Stock Units Sold During Period
NumberOfStockUnitsSoldDuringPeriod
|
149.96 | shares |
CY2012Q1 | smme |
Stock Units Sold Per Unit Amount
StockUnitsSoldPerUnitAmount
|
0.80 | |
CY2012Q1 | smme |
Proceeds From Issuance Of Stock Units Net
ProceedsFromIssuanceOfStockUnitsNet
|
999059 | USD |
CY2012Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.20 | |
CY2012Q4 | smme |
Proceeds From Issuance Of Common Stock Gross
ProceedsFromIssuanceOfCommonStockGross
|
60041 | USD |
CY2009 | smme |
Stock Units Sold Per Unit Amount
StockUnitsSoldPerUnitAmount
|
0.10 | |
CY2011Q3 | smme |
Description Of Stock Units Sold
DescriptionOfStockUnitsSold
|
Each unit was offered at $10,000 and consisted of 50,000 shares and one twelve month warrant to buy an additional 50,000 shares at $0.80 per share. | |
CY2011Q4 | smme |
Description Of Stock Units Sold
DescriptionOfStockUnitsSold
|
Each unit was offered at $10,000 and consisted of 50,000 shares and one twelve month warrant to buy an additional 50,000 shares at $0.80 per share. | |
CY2012Q1 | smme |
Description Of Stock Units Sold
DescriptionOfStockUnitsSold
|
Units were offered at $5,000 and $10,000 and consisted of 50,000 shares and one twelve month warrant to purchase an additional 50,000 shares at $0.80 per share. | |
CY2012Q2 | smme |
Proceeds From Issuance Of Stock Units Net
ProceedsFromIssuanceOfStockUnitsNet
|
426487 | USD |
CY2013Q2 | smme |
Stock Units Sold Per Unit Amount
StockUnitsSoldPerUnitAmount
|
0.50 | |
CY2013Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
13221763 | USD |
CY2013 | us-gaap |
Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
|
available to offset future taxable income through 2032, which will begin to expire in 2022. | |
CY2013Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
4495399 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3610256 | USD |
CY2013Q2 | smme |
Deferred Tax Assets Warrant Issuances
DeferredTaxAssetsWarrantIssuances
|
171374 | USD |
CY2012Q2 | smme |
Deferred Tax Assets Warrant Issuances
DeferredTaxAssetsWarrantIssuances
|
171374 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
22604 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
23775 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4689377 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3805405 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2012Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | USD |
CY2012Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
164869 | USD |
CY2011Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
114835 | USD |
CY2013 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
0 | USD |
CY2012 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
50034 | USD |
CY2013Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
164869 | USD |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3400 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3400 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.0066 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.0104 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.1448 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.00 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.1886 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.3296 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.00 | pure |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.00 | pure |
CY2013 | us-gaap |
Litigation Settlement Amount
LitigationSettlementAmount
|
13400000000 | USD |