10-Q Filing

SWISHER HYGIENE INC. CIK: 1504747 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001354488-16-007325`
Period End Date	20160331
Filing Date	20160511
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	swsh-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 32 Cash Flow Statement 44

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$318.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$318.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.16M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$158.00K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Other assets	`OtherAssetsCurrent`	$1.09M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other assets	`OtherAssetsCurrent`	$1.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.86M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$29.22M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$26.00K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$158.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$162.00K	USD	Point-in-time
Total assets	`Assets`	$29.41M	USD	Point-in-time
Total assets	`Assets`	$27.05M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.68M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.68M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.68M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.68M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$587.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$858.00K	USD	Point-in-time
Accrued payroll and benefits	`EmployeeRelatedLiabilitiesCurrent`	$199.00K	USD	Point-in-time
Accrued payroll and benefits	`EmployeeRelatedLiabilitiesCurrent`	$235.00K	USD	Point-in-time
Accrued expense	`AccruedLiabilitiesCurrentAndNoncurrent`	$2.65M	USD	Point-in-time
Accrued expense	`AccruedLiabilitiesCurrentAndNoncurrent`	$2.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.57M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.57M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.55M	USD	Point-in-time
Preferred stock, par value $0.001, authorized 10,000,000 shares; no shares issued and outstanding at March 31, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001, authorized 10,000,000 shares; no shares issued and outstanding at March 31, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001, authorized 600,000,000 shares; 17,675,220 shares issued and outstanding at March 31, 2016 and December 31, 2015	`CommonStockValue`	$18.00K	USD	Point-in-time
Common stock, par value $0.001, authorized 600,000,000 shares; 17,675,220 shares issued and outstanding at March 31, 2016 and December 31, 2015	`CommonStockValue`	$18.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$390.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$390.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-367.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-364.95M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.26M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$24.36M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$22.21M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$27.05M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$29.41M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.23M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.16M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.23M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.16M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.23M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$8.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-24.00K	USD	1 Quarter
Net loss on continuing operations	`IncomeLossFromContinuingOperations`	$-2.25M	USD	1 Quarter
Net loss on continuing operations	`IncomeLossFromContinuingOperations`	$-2.15M	USD	1 Quarter
Loss from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-6.55M	USD	1 Quarter
Loss from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	-	USD	1 Quarter
Income tax expense	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Income tax expense	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$28.00K	USD	1 Quarter
Net loss on discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Net loss on discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-6.58M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-8.83M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-26.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-2.15M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-8.86M	USD	1 Quarter
Basic and diluted (Continuing operations)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.13	USD	1 Quarter
Basic and diluted (Continuing operations)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.12	USD	1 Quarter
Basic and diluted (discontinued operations)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$-0.37	USD	1 Quarter
Basic and diluted (discontinued operations)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfSharesIssuedBasic`	17.68M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfSharesIssuedBasic`	17.75M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.83M	USD	1 Quarter
Net loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Net loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-6.58M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.00M	USD	1 Quarter
Accounts payable, accrued expense and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-211.00K	USD	1 Quarter
Accounts payable, accrued expense and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-560.00K	USD	1 Quarter
Other assets and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-427.00K	USD	1 Quarter
Other assets and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-252.00K	USD	1 Quarter
Net cash provided by (used in) operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.56M	USD	1 Quarter
Net cash provided by (used in) operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$73.00K	USD	1 Quarter
Net cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Net cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-3.38M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.94M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$73.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.00K	USD	1 Quarter
Net cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-1.37M	USD	1 Quarter
Cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.37M	USD	1 Quarter
Cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00K	USD	1 Quarter
Principal payments on debt	`RepaymentsOfShortTermDebt`	-	USD	1 Quarter
Principal payments on debt	`RepaymentsOfShortTermDebt`	$592.00K	USD	1 Quarter
Net cash used in financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash used in financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-592.00K	USD	1 Quarter
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$4.46M	USD	1 Quarter
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.87M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.44M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$71.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$25.30M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$25.23M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.80M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$25.30M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$25.23M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.80M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time

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