10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001354488-10-001409 |
| Period End Date | 20100331 |
| Filing Date | 20100505 |
| Fiscal Year | 2010 |
| Fiscal Period | Q1 |
| XBRL Instance | isdr-20100331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$50.37K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$146.04K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$315.38K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$108.87K | USD | Point-in-time |
| Accounts receivable, (net of allowance for doubtful accounts of $48,210 and $16,785, respectively) |
AccountsReceivableNetCurrent
|
$152.07K | USD | Point-in-time |
| Accounts receivable, (net of allowance for doubtful accounts of $48,210 and $16,785, respectively) |
AccountsReceivableNetCurrent
|
$197.59K | 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
|
$19.01K | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$19.20K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$323.56K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$538.22K | USD | Point-in-time |
| Furniture, equipment and improvements, (net of accumulated depreciation of $20,620 and $18,316, respectively) |
FurnitureAndFixturesGross
|
$23.48K | USD | Point-in-time |
| Furniture, equipment and improvements, (net of accumulated depreciation of $20,620 and $18,316, respectively) |
FurnitureAndFixturesGross
|
$21.09K | USD | Point-in-time |
| Intangible assets, (net of accumulated amortization and impairment of $74,667 and $67,833, respectively) |
IntangibleAssetsNetExcludingGoodwill
|
$113.53K | USD | Point-in-time |
| Intangible assets, (net of accumulated amortization and impairment of $74,667 and $67,833, respectively) |
IntangibleAssetsNetExcludingGoodwill
|
$120.36K | USD | Point-in-time |
| Total assets |
Assets
|
$675.23K | USD | Point-in-time |
| Total assets |
Assets
|
$465.00K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$61.54K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$51.72K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$59.81K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$50.45K | USD | Point-in-time |
| Notes payable- related party |
NotesPayableRelatedPartiesCurrent
|
- | USD | Point-in-time |
| Notes payable- related party |
NotesPayableRelatedPartiesCurrent
|
$73.53K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$111.99K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$185.05K | USD | Point-in-time |
| Preferred stock, $1.00 par value, 10,000,000 shares authorized - Series A, 60 shares designated, 31 and 5 shares issued and outstanding as of March 31, 2010 and December 31, 2009, respectively, Series B, 476,200 shares designated; no shares issued and outstanding |
PreferredStockValue
|
$31.00 | USD | Point-in-time |
| Preferred stock, $1.00 par value, 10,000,000 shares authorized - Series A, 60 shares designated, 31 and 5 shares issued and outstanding as of March 31, 2010 and December 31, 2009, respectively, Series B, 476,200 shares designated; no shares issued and outstanding |
PreferredStockValue
|
$5.00 | USD | Point-in-time |
| Common stock $.001 par value, 100,000,000 shares authorized, 17,435,312 and 16,826,342 shares issued and outstanding as of March 31, 2010 and December 31, 2009, respectively. |
CommonStockValue
|
$17.43K | USD | Point-in-time |
| Common stock $.001 par value, 100,000,000 shares authorized, 17,435,312 and 16,826,342 shares issued and outstanding as of March 31, 2010 and December 31, 2009, respectively. |
CommonStockValue
|
$16.83K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.46M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.61M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.20M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.07M | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$279.95K | USD | Point-in-time |
| Total stockholders equity (deficit) |
StockholdersEquity
|
$563.24K | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$465.00K | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$675.23K | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Compliance and reporting services |
ComplianceReportingServices
|
$195.86K | USD | 1 Quarter |
| Compliance and reporting services |
ComplianceReportingServices
|
$163.20K | USD | 1 Quarter |
| Printing and financial communication |
PrintingFinancialCommunication
|
$105.09K | USD | 1 Quarter |
| Printing and financial communication |
PrintingFinancialCommunication
|
$114.11K | USD | 1 Quarter |
| Fulfillment and distribution |
FullfillmentAndDistribution
|
$140.10K | USD | 1 Quarter |
| Fulfillment and distribution |
FullfillmentAndDistribution
|
$127.60K | USD | 1 Quarter |
| Software licensing |
SoftwareLicensing
|
$17.44K | USD | 1 Quarter |
| Software licensing |
SoftwareLicensing
|
$67.77K | USD | 1 Quarter |
| Transfer agent services |
TransferAgentServices
|
$14.05K | USD | 1 Quarter |
| Transfer agent services |
TransferAgentServices
|
$132.41K | USD | 1 Quarter |
| Total revenue |
Revenues
|
$605.08K | USD | 1 Quarter |
| Total revenue |
Revenues
|
$472.54K | USD | 1 Quarter |
| Total cost of services |
CostOfServices
|
$199.25K | USD | 1 Quarter |
| Total cost of services |
CostOfServices
|
$214.00K | USD | 1 Quarter |
| Total gross profit |
GrossProfit
|
$405.83K | USD | 1 Quarter |
| Total gross profit |
GrossProfit
|
$258.54K | USD | 1 Quarter |
| Gereral and administrative |
GeneralAndAdministrativeExpense
|
$160.30K | USD | 1 Quarter |
| Gereral and administrative |
GeneralAndAdministrativeExpense
|
$101.60K | USD | 1 Quarter |
| Sales and marketing expenses |
SellingAndMarketingExpense
|
$64.19K | USD | 1 Quarter |
| Sales and marketing expenses |
SellingAndMarketingExpense
|
$54.99K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$9.33K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.40K | USD | 1 Quarter |
| Total operating costs and expenses |
OperatingCostsAndExpenses
|
$165.92K | USD | 1 Quarter |
| Total operating costs and expenses |
OperatingCostsAndExpenses
|
$235.89K | USD | 1 Quarter |
| Total net operating income (loss) |
OperatingIncomeLoss
|
$92.62K | USD | 1 Quarter |
| Total net operating income (loss) |
OperatingIncomeLoss
|
$169.93K | USD | 1 Quarter |
| Total interest expense (income) |
InterestExpense
|
$1.27K | USD | 1 Quarter |
| Total interest expense (income) |
InterestExpense
|
$35.27K | USD | 1 Quarter |
| Total net income (loss) |
NetIncomeLoss
|
$134.66K | USD | 1 Quarter |
| Total net income (loss) |
NetIncomeLoss
|
$91.34K | USD | 1 Quarter |
| Income (loss) per share - basic |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Income (loss) per share - basic |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Income (loss) per share - diluted |
EarningsPerShareDiluted
|
$0.01 | USD | 1 Quarter |
| Income (loss) per share - diluted |
EarningsPerShareDiluted
|
$0.01 | USD | 1 Quarter |
| Weighted average number of common shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.63M | shares | 1 Quarter |
| Weighted average number of common shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
16.84M | shares | 1 Quarter |
| Weighted average number of common shares outstanding - diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
16.89M | shares | 1 Quarter |
| Weighted average number of common shares outstanding - diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
17.68M | shares | 1 Quarter |
Cash Flow Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total net income (loss) |
NetIncomeLoss
|
$134.66K | USD | 1 Quarter |
| Total net income (loss) |
NetIncomeLoss
|
$91.34K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$9.33K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.40K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$10.34K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$32.11K | USD | 1 Quarter |
| Non-cash interest expense |
OtherNoncashExpense
|
- | USD | 1 Quarter |
| Non-cash interest expense |
OtherNoncashExpense
|
$34.18K | USD | 1 Quarter |
| Stock-based compensation |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
- | USD | 1 Quarter |
| Stock-based compensation |
IssuanceOfStockAndWarrantsForServicesOrClaims
|
$27.00K | USD | 1 Quarter |
| Increase (decrease) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$77.63K | USD | 1 Quarter |
| Increase (decrease) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-27.36K | USD | 1 Quarter |
| Increase (decrease) in deposits and prepaids |
IncreaseDecreaseInDeposits
|
$3.88K | USD | 1 Quarter |
| Increase (decrease) in deposits and prepaids |
IncreaseDecreaseInDeposits
|
$-193.00 | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$9.83K | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-11.59K | USD | 1 Quarter |
| Increase (decrease) in accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$4.55K | USD | 1 Quarter |
| Increase (decrease) in accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-18.26K | USD | 1 Quarter |
| Total net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$104.66K | USD | 1 Quarter |
| Total net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$176.29K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquireMachineryAndEquipment
|
$6.96K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquireMachineryAndEquipment
|
$1.97K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-1.97K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-6.96K | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$6.75K | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfNotesPayable
|
- | USD | 1 Quarter |
| Repayments of notes payable |
RepaymentsOfNotesPayable
|
$37.43K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-44.18K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
- | USD | 1 Quarter |
| Total net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$58.50K | USD | 1 Quarter |
| Total net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$169.34K | USD | 1 Quarter |
| Cash - beginning |
CashAndCashEquivalentsAtCarryingValue
|
$50.37K | USD | Point-in-time |
| Cash - beginning |
CashAndCashEquivalentsAtCarryingValue
|
$146.04K | USD | Point-in-time |
| Cash - beginning |
CashAndCashEquivalentsAtCarryingValue
|
$315.38K | USD | Point-in-time |
| Cash - beginning |
CashAndCashEquivalentsAtCarryingValue
|
$108.87K | USD | Point-in-time |
| Cash - ending |
CashAndCashEquivalentsAtCarryingValue
|
$50.37K | USD | Point-in-time |
| Cash - ending |
CashAndCashEquivalentsAtCarryingValue
|
$146.04K | USD | Point-in-time |
| Cash - ending |
CashAndCashEquivalentsAtCarryingValue
|
$315.38K | USD | Point-in-time |
| Cash - ending |
CashAndCashEquivalentsAtCarryingValue
|
$108.87K | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.