10-Q/A Filing

ACCESS Newswire Inc. CIK: 843006 Q2 2009

Filing Information

Form Type	10-Q/A
Accession Number	`0001354488-09-002016`
Period End Date	20090630
Filing Date	20091112
Fiscal Year	2009
Fiscal Period	Q2
XBRL Instance	isdr-20090630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 76 Cash Flow Statement 44

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.34K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.38K	USD	Point-in-time
Accounts receivable, (net of allowance for doubtful accounts of $45,586 and $43,764, respectively)	`AccountsReceivableNetCurrent`	$165.68K	USD	Point-in-time
Accounts receivable, (net of allowance for doubtful accounts of $45,586 and $43,764, respectively)	`AccountsReceivableNetCurrent`	$261.28K	USD	Point-in-time
Security deposits	`OtherRestrictedAssetsCurrent`	$6.24K	USD	Point-in-time
Security deposits	`OtherRestrictedAssetsCurrent`	$6.24K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.77K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.85K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$479.67K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$225.15K	USD	Point-in-time
Furniture, equipment and improvements (net of accumulated depreciation of $12,699 and $43,201, respectively)	`FurnitureAndFixturesGross`	$15.99K	USD	Point-in-time
Furniture, equipment and improvements (net of accumulated depreciation of $12,699 and $43,201, respectively)	`FurnitureAndFixturesGross`	$22.05K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Intangible assets (net of accumulated amortization and impairment of $184,167 and $170,500, respectively)	`IntangibleAssetsNetExcludingGoodwill`	$147.69K	USD	Point-in-time
Intangible assets (net of accumulated amortization and impairment of $184,167 and $170,500, respectively)	`IntangibleAssetsNetExcludingGoodwill`	$134.03K	USD	Point-in-time
Total assets	`Assets`	$390.83K	USD	Point-in-time
Total assets	`Assets`	$635.75K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$80.25K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.56K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$128.05K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$97.66K	USD	Point-in-time
Notes payable- related party	`NotesPayableRelatedPartiesCurrent`	$73.53K	USD	Point-in-time
Notes payable- related party	`NotesPayableRelatedPartiesCurrent`	$73.53K	USD	Point-in-time
Notes payable- other	`OtherNotesPayableCurrent`	$64.83K	USD	Point-in-time
Notes payable- other	`OtherNotesPayableCurrent`	$25.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$409.96K	USD	Point-in-time
Total liabilities	`Liabilities`	$276.44K	USD	Point-in-time
Preferred stock, $1.00 par value, 10,000,000 shares authorized Series A, 60 shares designated, 5 and 7 shares issued and outstanding as of June 30, 2009 and December 31, 2008, respectively.	`PreferredStockValue`	$7.00	USD	Point-in-time
Preferred stock, $1.00 par value, 10,000,000 shares authorized Series A, 60 shares designated, 5 and 7 shares issued and outstanding as of June 30, 2009 and December 31, 2008, respectively.	`PreferredStockValue`	$5.00	USD	Point-in-time
Common stock $.001 par value, 100,000,000 shares authorized, 16,754,717 and 18,834,717 shares issued and outstanding as of June 30, 2009 and December 31, 2008, respectively.	`CommonStockValue`	$18.83K	USD	Point-in-time
Common stock $.001 par value, 100,000,000 shares authorized, 16,754,717 and 18,834,717 shares issued and outstanding as of June 30, 2009 and December 31, 2008, respectively.	`CommonStockValue`	$16.75K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.46M	USD	Point-in-time
Treasury stock at cost 4,495 shares	`TreasuryStockValue`	$4.24K	USD	Point-in-time
Treasury stock at cost 4,495 shares	`TreasuryStockValue`	$4.24K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.11M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$359.31K	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-19.14K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$390.83K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$635.75K	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Compliance and reporting services	`ComplianceReportingServices`	$198.16K	USD	1 Quarter
Compliance and reporting services	`ComplianceReportingServices`	$394.02K	USD	2 Qtrs
Compliance and reporting services	`ComplianceReportingServices`	$185.61K	USD	1 Quarter
Compliance and reporting services	`ComplianceReportingServices`	$367.07K	USD	2 Qtrs
Printing and financial communication	`PrintingFinancialCommunication`	$239.66K	USD	2 Qtrs
Printing and financial communication	`PrintingFinancialCommunication`	$294.61K	USD	2 Qtrs
Printing and financial communication	`PrintingFinancialCommunication`	$189.52K	USD	1 Quarter
Printing and financial communication	`PrintingFinancialCommunication`	$169.90K	USD	1 Quarter
Fulfillment and distribution	`FullfillmentAndDistribution`	$144.94K	USD	1 Quarter
Fulfillment and distribution	`FullfillmentAndDistribution`	$80.39K	USD	1 Quarter
Fulfillment and distribution	`FullfillmentAndDistribution`	$285.04K	USD	2 Qtrs
Fulfillment and distribution	`FullfillmentAndDistribution`	$114.61K	USD	2 Qtrs
Software licensing	`SoftwareLicensing`	$14.90K	USD	1 Quarter
Software licensing	`SoftwareLicensing`	$63.49K	USD	1 Quarter
Software licensing	`SoftwareLicensing`	$22.80K	USD	2 Qtrs
Software licensing	`SoftwareLicensing`	$80.92K	USD	2 Qtrs
Transfer agent services	`TransferAgentServices`	-	USD	2 Qtrs
Transfer agent services	`TransferAgentServices`	$183.76K	USD	2 Qtrs
Transfer agent services	`TransferAgentServices`	-	USD	1 Quarter
Transfer agent services	`TransferAgentServices`	$169.71K	USD	1 Quarter
Total revenue	`Revenues`	$1.24M	USD	2 Qtrs
Total revenue	`Revenues`	$765.81K	USD	1 Quarter
Total revenue	`Revenues`	$450.80K	USD	1 Quarter
Total revenue	`Revenues`	$744.15K	USD	2 Qtrs
Cost of services	`CostOfServices`	$271.04K	USD	1 Quarter
Cost of services	`CostOfServices`	$284.19K	USD	1 Quarter
Cost of services	`CostOfServices`	$421.92K	USD	2 Qtrs
Cost of services	`CostOfServices`	$485.04K	USD	2 Qtrs
Gross profit	`GrossProfit`	$494.77K	USD	1 Quarter
Gross profit	`GrossProfit`	$166.60K	USD	1 Quarter
Gross profit	`GrossProfit`	$753.30K	USD	2 Qtrs
Gross profit	`GrossProfit`	$322.23K	USD	2 Qtrs
Gereral and administrative	`GeneralAndAdministrativeExpense`	$240.12K	USD	2 Qtrs
Gereral and administrative	`GeneralAndAdministrativeExpense`	$403.88K	USD	1 Quarter
Gereral and administrative	`GeneralAndAdministrativeExpense`	$864.76K	USD	2 Qtrs
Gereral and administrative	`GeneralAndAdministrativeExpense`	$138.53K	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$163.54K	USD	2 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$77.39K	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$132.38K	USD	2 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$112.77K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.93K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.83K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.67K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$19.26K	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$521.48K	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$1.04M	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$225.85K	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$391.77K	USD	2 Qtrs
Total net operating income (loss)	`OperatingIncomeLoss`	$268.92K	USD	1 Quarter
Total net operating income (loss)	`OperatingIncomeLoss`	$-354.88K	USD	1 Quarter
Total net operating income (loss)	`OperatingIncomeLoss`	$-715.74K	USD	2 Qtrs
Total net operating income (loss)	`OperatingIncomeLoss`	$361.53K	USD	2 Qtrs
Total interest expense (income)	`InterestExpense`	$1.34K	USD	2 Qtrs
Total interest expense (income)	`InterestExpense`	$5.62K	USD	2 Qtrs
Total interest expense (income)	`InterestExpense`	$65.00	USD	1 Quarter
Total interest expense (income)	`InterestExpense`	$-22.05K	USD	1 Quarter
Total net income (loss)	`NetIncomeLoss`	$268.85K	USD	1 Quarter
Total net income (loss)	`NetIncomeLoss`	$-721.37K	USD	2 Qtrs
Total net income (loss)	`NetIncomeLoss`	$360.19K	USD	2 Qtrs
Total net income (loss)	`NetIncomeLoss`	$-332.82K	USD	1 Quarter
Income (loss) per share - basic	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Income (loss) per share - basic	`EarningsPerShareBasic`	$-0.04	USD	2 Qtrs
Income (loss) per share - basic	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Income (loss) per share - basic	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Income (loss) per share - fully diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Income (loss) per share - fully diluted	`EarningsPerShareDiluted`	$-0.04	USD	2 Qtrs
Income (loss) per share - fully diluted	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Income (loss) per share - fully diluted	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	16.75M	shares	1 Quarter
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.03M	shares	2 Qtrs
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.24M	shares	1 Quarter
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	16.19M	shares	2 Qtrs
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.19M	shares	2 Qtrs
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.24M	shares	1 Quarter
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.03M	shares	2 Qtrs
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.75M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Total net income (loss)	`NetIncomeLoss`	$268.85K	USD	1 Quarter
Total net income (loss)	`NetIncomeLoss`	$-721.37K	USD	2 Qtrs
Total net income (loss)	`NetIncomeLoss`	$360.19K	USD	2 Qtrs
Total net income (loss)	`NetIncomeLoss`	$-332.82K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.93K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.83K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.67K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$19.26K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$26.96K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Stock-based expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Stock-based expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$630.90K	USD	2 Qtrs
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$98.42K	USD	2 Qtrs
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$122.56K	USD	2 Qtrs
Increase (decrease) in deposits and prepaids	`IncreaseDecreaseInDeposits`	$21.91K	USD	2 Qtrs
Increase (decrease) in deposits and prepaids	`IncreaseDecreaseInDeposits`	$1.08K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-63.30K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$120.63K	USD	2 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$18.05K	USD	2 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.39K	USD	2 Qtrs
Total net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-41.62K	USD	2 Qtrs
Total net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$193.25K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	-	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$11.66K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-11.66K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$6.75K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$10.36K	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$39.83K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-46.58K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$39.65K	USD	2 Qtrs
Total net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.98K	USD	2 Qtrs
Total net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$135.01K	USD	2 Qtrs
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$39.32K	USD	Point-in-time
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$37.34K	USD	Point-in-time
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$185.38K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$39.32K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$37.34K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$185.38K	USD	Point-in-time

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