10-Q Filing

CONSOLIDATED WATER CO. LTD. CIK: 928340 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-044065`
Period End Date	20120630
Filing Date	20120809
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	cwco-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 96 Cash Flow Statement 48

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Redeemable preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.60	USD	Point-in-time
Redeemable preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.60	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Redeemable preferred stock, authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Redeemable preferred stock, authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.62M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Redeemable preferred stock, issued	`PreferredStockSharesIssued`	22,427.00	shares	Point-in-time
Redeemable preferred stock, issued	`PreferredStockSharesIssued`	32,278.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$8.50M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$8.55M	USD	Point-in-time
Redeemable preferred stock, outstanding	`PreferredStockSharesOutstanding`	22,427.00	shares	Point-in-time
Redeemable preferred stock, outstanding	`PreferredStockSharesOutstanding`	32,278.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.54M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$11.87M	USD	Point-in-time
Inventory	`InventoryNet`	$1.46M	USD	Point-in-time
Inventory	`InventoryNet`	$1.45M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.27M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.88M	USD	Point-in-time
Current portion of loans receivable	`NotesAndLoansReceivableNetCurrent`	$1.84M	USD	Point-in-time
Current portion of loans receivable	`NotesAndLoansReceivableNetCurrent`	$1.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$55.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$67.33M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$53.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$62.05M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$64.19M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$2.25M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$335.79K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$141.20K	USD	Point-in-time
Inventory, non-current	`InventoryNoncurrent`	$4.06M	USD	Point-in-time
Inventory, non-current	`InventoryNoncurrent`	$3.86M	USD	Point-in-time
Loans receivable	`NotesAndLoansReceivableNetNoncurrent`	$9.94M	USD	Point-in-time
Loans receivable	`NotesAndLoansReceivableNetNoncurrent`	$10.76M	USD	Point-in-time
Investment in OC-BVI	`EquityMethodInvestments`	$6.63M	USD	Point-in-time
Investment in OC-BVI	`EquityMethodInvestments`	$6.34M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.63M	USD	Point-in-time
Goodwill	`Goodwill`	$3.59M	USD	Point-in-time
Goodwill	`Goodwill`	$3.59M	USD	Point-in-time
Goodwill	`Goodwill`	$3.59M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.66M	USD	Point-in-time
Total assets	`Assets`	$146.22M	USD	Point-in-time
Total assets	`Assets`	$153.80M	USD	Point-in-time
Total assets	`Assets`	$160.86M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableOtherCurrent`	$4.08M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableOtherCurrent`	$4.62M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.16M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.16M	USD	Point-in-time
Current portion of long term debt	`LongTermDebtCurrent`	$1.59M	USD	Point-in-time
Current portion of long term debt	`LongTermDebtCurrent`	$17.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.30M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$6.04M	USD	Point-in-time
Long term debt	`LongTermDebtNoncurrent`	$6.85M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$416.66K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$420.43K	USD	Point-in-time
Total liabilities	`Liabilities`	$13.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$30.58M	USD	Point-in-time
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 32,278 and 22,427 shares, respectively	`PreferredStockValue`	$13.46K	USD	Point-in-time
Redeemable preferred stock, $0.60 par value. Authorized 200,000 shares; issued and outstanding 32,278 and 22,427 shares, respectively	`PreferredStockValue`	$19.37K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$81.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$82.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$38.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$40.14M	USD	Point-in-time
Total Consolidated Water Co. Ltd. stockholders' equity	`StockholdersEquity`	$131.17M	USD	Point-in-time
Total Consolidated Water Co. Ltd. stockholders' equity	`StockholdersEquity`	$128.72M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$1.77M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$1.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$130.28M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.94M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$146.22M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$160.86M	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Retail water revenues	`RetailWaterRevenue`	$6.55M	USD	1 Quarter
Retail water revenues	`RetailWaterRevenue`	$5.87M	USD	1 Quarter
Retail water revenues	`RetailWaterRevenue`	$12.93M	USD	2 Qtrs
Retail water revenues	`RetailWaterRevenue`	$12.44M	USD	2 Qtrs
Bulk water revenues	`BulkWaterRevenue`	$14.94M	USD	2 Qtrs
Bulk water revenues	`BulkWaterRevenue`	$10.21M	USD	1 Quarter
Bulk water revenues	`BulkWaterRevenue`	$20.28M	USD	2 Qtrs
Bulk water revenues	`BulkWaterRevenue`	$7.77M	USD	1 Quarter
Services revenues	`SalesRevenueServicesNet`	$148.86K	USD	1 Quarter
Services revenues	`SalesRevenueServicesNet`	$506.35K	USD	1 Quarter
Services revenues	`SalesRevenueServicesNet`	$872.62K	USD	2 Qtrs
Services revenues	`SalesRevenueServicesNet`	$242.24K	USD	2 Qtrs
Total revenues	`Revenues`	$28.74M	USD	2 Qtrs
Total revenues	`Revenues`	$16.23M	USD	1 Quarter
Total revenues	`Revenues`	$14.84M	USD	1 Quarter
Total revenues	`Revenues`	$32.96M	USD	2 Qtrs
Cost of retail revenues	`CostOfRetailWater`	$5.93M	USD	2 Qtrs
Cost of retail revenues	`CostOfRetailWater`	$2.89M	USD	1 Quarter
Cost of retail revenues	`CostOfRetailWater`	$3.07M	USD	1 Quarter
Cost of retail revenues	`CostOfRetailWater`	$5.95M	USD	2 Qtrs
Cost of bulk revenues	`CostOfBulkWater`	$11.93M	USD	2 Qtrs
Cost of bulk revenues	`CostOfBulkWater`	$6.33M	USD	1 Quarter
Cost of bulk revenues	`CostOfBulkWater`	$7.87M	USD	1 Quarter
Cost of bulk revenues	`CostOfBulkWater`	$15.52M	USD	2 Qtrs
Cost of services revenues	`CostOfServices`	$153.90K	USD	2 Qtrs
Cost of services revenues	`CostOfServices`	$354.20K	USD	2 Qtrs
Cost of services revenues	`CostOfServices`	$181.37K	USD	1 Quarter
Cost of services revenues	`CostOfServices`	$71.22K	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$18.24M	USD	2 Qtrs
Total cost of revenues	`CostOfRevenue`	$10.83M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$9.58M	USD	1 Quarter
Total cost of revenues	`CostOfRevenue`	$21.61M	USD	2 Qtrs
Gross profit	`GrossProfit`	$10.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$11.35M	USD	2 Qtrs
Gross profit	`GrossProfit`	$5.41M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.97M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.18M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.96M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.44M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.07M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.96M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.53M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.40M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$314.29K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$661.95K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$235.46K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$450.89K	USD	2 Qtrs
Interest expense	`InterestExpense`	$590.45K	USD	2 Qtrs
Interest expense	`InterestExpense`	$206.81K	USD	1 Quarter
Interest expense	`InterestExpense`	$343.91K	USD	1 Quarter
Interest expense	`InterestExpense`	$694.28K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$44.03K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$77.59K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$155.17K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$141.54K	USD	2 Qtrs
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$632.47K	USD	2 Qtrs
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$101.76K	USD	2 Qtrs
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$44.82K	USD	1 Quarter
Equity in earnings of OC-BVI	`IncomeLossFromEquityMethodInvestments`	$88.98K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$136.95K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$117.37K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$741.68K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$117.50K	USD	1 Quarter
Net income	`ProfitLoss`	$2.08M	USD	1 Quarter
Net income	`ProfitLoss`	$4.51M	USD	2 Qtrs
Net income	`ProfitLoss`	$4.27M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.21M	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$213.50K	USD	2 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$123.14K	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$347.48K	USD	2 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$277.61K	USD	1 Quarter
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$1.93M	USD	1 Quarter
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$1.96M	USD	1 Quarter
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$3.92M	USD	2 Qtrs
Net income attributable to Consolidated Water Co. Ltd. stockholders	`NetIncomeLoss`	$4.30M	USD	2 Qtrs
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareBasic`	$0.29	USD	2 Qtrs
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareBasic`	$0.27	USD	2 Qtrs
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareDiluted`	$0.29	USD	2 Qtrs
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders (in dollar per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Dividends declared per common share (in dollar per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Dividends declared per common share (in dollar per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends declared per common share (in dollar per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends declared per common share (in dollar per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.57M	shares	2 Qtrs
Basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.56M	shares	1 Quarter
Basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.58M	shares	1 Quarter
Basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.56M	shares	2 Qtrs
Diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	2 Qtrs
Diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	1 Quarter
Diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	1 Quarter
Diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.60M	shares	2 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.10M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.88M	USD	2 Qtrs
Additions to property, plant and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.63M	USD	2 Qtrs
Additions to property, plant and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.38M	USD	2 Qtrs
Distribution of earnings from OC-BVI	`PaymentsForProceedsFromEquityAffiliates`	$507.52K	USD	2 Qtrs
Distribution of earnings from OC-BVI	`PaymentsForProceedsFromEquityAffiliates`	$202.63K	USD	2 Qtrs
Collections of loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$853.60K	USD	2 Qtrs
Collections of loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$820.43K	USD	2 Qtrs
Collections of loan receivable from OC-BVI	`ProceedsFromCollectionOfAdvanceToAffiliate`	-	USD	2 Qtrs
Collections of loan receivable from OC-BVI	`ProceedsFromCollectionOfAdvanceToAffiliate`	$1.10M	USD	2 Qtrs
Payment for NSC option agreement	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	2 Qtrs
Payment for NSC option agreement	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Release of restriction on cash balances for non-revolving credit facility	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Release of restriction on cash balances for non-revolving credit facility	`IncreaseDecreaseInRestrictedCash`	$-7.50M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.90M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.80K	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.19M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$2.18M	USD	2 Qtrs
Issuance (repurchase) of redeemable preferred stock, net	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$-3.86K	USD	2 Qtrs
Issuance (repurchase) of redeemable preferred stock, net	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$-1.73K	USD	2 Qtrs
Principal repayments of long term debt	`RepaymentsOfLongTermDebt`	$9.30M	USD	2 Qtrs
Principal repayments of long term debt	`RepaymentsOfLongTermDebt`	$754.66K	USD	2 Qtrs
Principal repayment of non-revolving credit facility	`RepaymentsOfLinesOfCredit`	$7.50M	USD	2 Qtrs
Principal repayment of non-revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.94M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.99M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.99M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.71M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$50.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.13M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.62M	USD	Point-in-time
Interest paid in cash	`InterestPaid`	$442.59K	USD	2 Qtrs
Interest paid in cash	`InterestPaid`	$616.11K	USD	2 Qtrs
Issuance of 10,033 and 7,455, respectively, of redeemable preferred stock for services rendered	`PreferredStockIssuedDuringPeriodSharesIssuedForServices`	77,856.00	shares	2 Qtrs
Issuance of 10,033 and 7,455, respectively, of redeemable preferred stock for services rendered	`PreferredStockIssuedDuringPeriodSharesIssuedForServices`	65,902.00	shares	2 Qtrs
Issuance of common stock to executive management for bonus payable	`StockIssued1`	$92.66K	USD	2 Qtrs
Issuance of common stock to executive management for bonus payable	`StockIssued1`	$28.02K	USD	2 Qtrs
Dividends declared but not paid	`DividendsDeclaredAndNotPaid`	$1.09M	USD	2 Qtrs
Dividends declared but not paid	`DividendsDeclaredAndNotPaid`	$1.10M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.