2013 Q2 Form 10-K Financial Statement
#000101041213000195 Filed on July 16, 2013
Income Statement
Concept | 2013 Q2 | 2013 Q1 |
---|---|---|
Revenue | ||
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $1.030M | $70.00K |
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $1.034M | $98.07K |
YoY Change | 29312.94% | |
Operating Profit | -$1.034M | -$98.07K |
YoY Change | 29312.94% | |
Interest Expense | $30.07K | $6.577K |
YoY Change | 46166.15% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$30.05K | -$6.577K |
YoY Change | 46133.85% | |
Pretax Income | -$1.064M | -$104.7K |
YoY Change | ||
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$1.064M | -$104.7K |
YoY Change | 29618.35% | |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$25.68K | -$2.255K |
COMMON SHARES | ||
Basic Shares Outstanding | 40.80M shares | 3.760M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q2 | 2013 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.260M | $550.0K |
YoY Change | ||
Cash & Equivalents | $1.259M | $545.4K |
Short-Term Investments | ||
Other Short-Term Assets | $0.00 | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $1.259M | $545.4K |
YoY Change | 607884.06% | 220716.6% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $12.10M | $6.300M |
YoY Change | ||
Other Assets | $8.573M | |
YoY Change | ||
Total Long-Term Assets | $12.10M | $6.299M |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $1.259M | $545.4K |
Total Long-Term Assets | $12.10M | $6.299M |
Total Assets | $13.36M | $6.844M |
YoY Change | 6451700.48% | 2770919.03% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $250.0K | $89.08K |
YoY Change | 64835.06% | 4689.35% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $3.000M | $3.000M |
YoY Change | ||
Long-Term Debt Due | $0.00 | $0.00 |
YoY Change | ||
Total Short-Term Liabilities | $3.253M | $3.096M |
YoY Change | 16691.56% | 19453.55% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.253M | $3.096M |
Total Long-Term Liabilities | $0.00 | |
Total Liabilities | $3.253M | $3.096M |
YoY Change | 16691.56% | 19453.55% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.169M | -$104.7K |
YoY Change | 129.96% | -79.26% |
Common Stock | $11.28M | $40.80K |
YoY Change | 99871.96% | 985.05% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $10.10M | $3.749M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $13.36M | $6.844M |
YoY Change | 6451700.48% | 2770919.03% |
Cashflow Statement
Concept | 2013 Q2 | 2013 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$1.064M | -$104.7K |
YoY Change | 29618.35% | |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$6.239M | -$3.323M |
YoY Change | 124923.35% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | ||
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $6.952M | $3.869M |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $6.952M | $3.869M |
YoY Change | 140339.9% | |
NET CHANGE | ||
Cash From Operating Activities | -$6.239M | -$3.323M |
Cash From Investing Activities | ||
Cash From Financing Activities | $6.952M | $3.869M |
Net Change In Cash | $713.1K | $545.4K |
YoY Change | -1782875.0% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$6.239M | -$3.323M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q1 | sund |
Deferred Tax Assets Other Limitations
DeferredTaxAssetsOtherLimitations
|
196786 | USD |
CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | |
CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
CY2013Q1 | dei |
Document Type
DocumentType
|
10-K | |
CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001171838 | |
CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
40797441 | shares |
CY2013Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2012Q3 | dei |
Entity Public Float
EntityPublicFloat
|
9981689 | USD |
CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Sundance Strategies, Inc. | |
CY2013Q1 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2013Q1 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2013Q1 | sund |
Capitalized Consultant Fee
CapitalizedConsultantFee
|
300000 | USD |
CY2013Q1 | sund |
Common Stock Issued To Founder For Cash Subscription Value
CommonStockIssuedToFounderForCashSubscriptionValue
|
33275 | USD |
CY2013Q1 | sund |
Increase Decrease In Unrecognized Tax Benefit Settlements
IncreaseDecreaseInUnrecognizedTaxBenefitSettlements
|
USD | |
CY2013Q1 | sund |
Increase Decrease In Unrecognized Tax Benefit Statute Lapse
IncreaseDecreaseInUnrecognizedTaxBenefitStatuteLapse
|
USD | |
CY2013Q1 | sund |
Increase Decrease In Unrecognized Tax Benefit Tax Positions
IncreaseDecreaseInUnrecognizedTaxBenefitTaxPositions
|
USD | |
CY2013Q1 | sund |
Life Insurance Policies Purchased With Debt
LifeInsurancePoliciesPurchasedWithDebt
|
2999000 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest In Next Twelve Months
LifeSettlementContractsInvestmentMethodExpensesPlusInterestInNextTwelveMonths
|
-2015262 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidAfterYearFive
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearFive
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearFour
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearThree
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidInYearTwo
|
-2391893 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Expenses Plus Interest To Be Paid Total
LifeSettlementContractsInvestmentMethodExpensesPlusInterestToBePaidTotal
|
-27197941 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Paid And Other Expenses
LifeSettlementContractsInvestmentMethodPremiumsPaidAndOtherExpenses
|
19145957 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaid
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidAfterYearFive
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInNextTwelveMonths
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearFive
|
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CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearFour
|
-7577533 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearThree
|
-8558716 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Investment Method Premiums Plus Expenses Plus Interest To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsPlusExpensesPlusInterestToBePaidInYearTwo
|
-6618593 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Portion Of Pledge Agreement Paid In Cash
LifeSettlementContractsPortionOfPledgeAgreementPaidInCash
|
3000000 | USD |
CY2013Q1 | sund |
Life Settlement Contracts Purchased Through Pledge Agreement
LifeSettlementContractsPurchasedThroughPledgeAgreement
|
5999000 | USD |
CY2013Q1 | sund |
Number Of Shares Of Common Stock Remaining Under Subscription Receivable
NumberOfSharesOfCommonStockRemainingUnderSubscriptionReceivable
|
4114 | shares |
CY2013Q1 | sund |
Return Of Premium Provisions On Life Settlement Contracts
ReturnOfPremiumProvisionsOnLifeSettlementContracts
|
190001 | USD |
CY2013Q1 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
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CY2013Q1 | sund |
Stock Issued For Subscription Agreement Shares
StockIssuedForSubscriptionAgreementShares
|
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Stock Issued For Subscription Agreement Value
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|
3872975 | USD |
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Working Capital
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|
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Accounts Payable And Accrued Liabilities Current
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Additional Paid In Capital Common Stock
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|
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Assets
Assets
|
6844417 | USD |
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Assets Current
AssetsCurrent
|
545417 | USD |
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Assets Noncurrent
AssetsNoncurrent
|
6299000 | USD |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
545417 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
545417 | USD |
CY2013Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Common Stock Shares Authorized
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|
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Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
40797441 | shares |
CY2013Q1 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
4235 | USD |
CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
40798 | USD |
CY2013Q1 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
CY2013Q1 | us-gaap |
Concentration Risk Credit Risk
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|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div style="WIDTH: 624px"> <p style="MARGIN: 0px; text-align: justify"><em>Concentrations of Credit Risk and Major Customers.</em> There is currently only one lender, one seller and one reinsuance provider involved in the Company's NIBs. This lack of diversification increases the risk of loss.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; text-align: justify; TEXT-INDENT: 48px"> There is a significant concentration due to the Company only having one entity maintaining 100% of their policies.</p> <!--EndFragment--></div> </div> | |
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Federal Income Tax Expense Benefit Continuing Operations
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|
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
53902 | USD |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2013Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2999000 | USD |
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Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.04 | pure |
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Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2013-12-31 | |
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Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
40814 | USD |
CY2013Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
40814 | USD |
CY2013Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
USD | |
CY2013Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
237600 | USD |
CY2013Q1 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
40814 | USD |
CY2013Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
40814 | USD |
CY2013Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div style="WIDTH: 624px"> <p style="MARGIN: 0px; text-align: justify"><strong>(3) NEW ACCOUNTING PRONOUNCEMENTS</strong></p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; text-align: justify; TEXT-INDENT: 48px">The Company has reviewed recently issued, but not yet adopted, accounting standards in order to determine their effects, if any, on its results of operations, financial position or cash flows. Based on that review, the Company believes that none of these pronouncements will have a significant effect on its financial statements.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <!--EndFragment--></div> </div> | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2013Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
40814 | USD |
CY2013Q1 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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|
35581 | USD |
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Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
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Increase Decrease In Accounts Payable And Accrued Liabilities
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|
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Interest Payable Current And Noncurrent
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|
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Liabilities
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|
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|
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|
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Liabilities Current
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|
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|
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Life Settlement Contracts Investment Method Face Value
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|
129228934 | USD |
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Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
3300000 | USD |
CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
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Operating Income Loss
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|
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Operating Loss Carryforwards
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|
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Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
|
2032-03-31 | |
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Life Settlement Contracts Investment Method Face Value Maturing After Year Five
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|
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Life Settlement Contracts Investment Method Face Value Maturing In Next Twelve Months
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|
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Life Settlement Contracts Investment Method Face Value Maturing In Year Five
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|
15000000 | USD |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Four
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|
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Life Settlement Contracts Investment Method Face Value Maturing In Year Three
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|
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CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Face Value Maturing In Year Two
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|
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Life Settlement Contracts Investment Method Five Year Disclosure Premiums To Be Paid
LifeSettlementContractsInvestmentMethodFiveYearDisclosurePremiumsToBePaid
|
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CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
|
22 | pure |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing After Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingAfterYearFive
|
19 | pure |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Next Twelve Months
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInNextTwelveMonths
|
0 | pure |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFive
|
3 | pure |
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Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Four
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|
0 | pure |
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Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Three
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|
0 | pure |
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Life Settlement Contracts Investment Method Number Of Contracts Maturing In Year Two
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|
0 | pure |
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Life Settlement Contracts Investment Method Premiums To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidAfterYearFive
|
-21616586 | USD |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInNextTwelveMonths
|
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CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFive
|
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CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFour
|
-4192662 | USD |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearThree
|
-4581600 | USD |
CY2013Q1 | us-gaap |
Life Settlement Contracts Investment Method Premiums To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearTwo
|
-4226700 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3868740 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3323323 | USD |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-104651 | USD |
CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6577 | USD |
CY2013Q1 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
2999000 | USD |
CY2013Q1 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
3441 | USD |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
98074 | USD |
CY2013Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
4000 | USD |
CY2013Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2013Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3868740 | USD |
CY2013Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
44172 | USD |
CY2013Q1 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
37510 | USD |
CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-104651 | USD |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
USD | |
CY2013Q1 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
USD | |
CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3748894 | USD |
CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
USD | |
CY2013Q1 | us-gaap |
Stock Issued1
StockIssued1
|
37510 | USD |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
3760072 | shares |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares Issued For Noncash Consideration
StockIssuedDuringPeriodSharesIssuedForNoncashConsideration
|
37037369 | shares |
CY2013Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
33275000 | shares |
CY2013Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
-15195 | USD |
CY2013Q1 | us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
3868740 | USD |
CY2013Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
USD | |
CY2013Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
USD | |
CY2013Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
USD | |
CY2013Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
USD | |
CY2013Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
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CY2013Q1 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
40814 | USD |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
35469179 | shares |