10-Q Filing

INUVO, INC. CIK: 829323 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0000829323-14-000054`
Period End Date	20140930
Filing Date	20141030
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	inuv-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 89 Cash Flow Statement 66

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$87.73K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$62.84K	USD	Point-in-time
Cash	`Cash`	$3.14M	USD	Point-in-time
Cash	`Cash`	$3.46M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $87,733 and $62,845, respectively	`AccountsReceivableNetCurrent`	$5.11M	USD	Point-in-time
Preferred stock par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $87,733 and $62,845, respectively	`AccountsReceivableNetCurrent`	$3.61M	USD	Point-in-time
Preferred stock par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$19.01K	USD	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Preferred stock shares authorized (in shares)	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$24.47K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$426.19K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseCurrent`	$510.97K	USD	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.03M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.19M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock shares issued (in shares)	`CommonStockSharesIssued`	23.76M	shares	Point-in-time
Goodwill	`Goodwill`	$5.76M	USD	Point-in-time
Goodwill	`Goodwill`	$5.76M	USD	Point-in-time
Common stock shares issued (in shares)	`CommonStockSharesIssued`	23.94M	shares	Point-in-time
Common stock shares Outstanding (in shares)	`CommonStockSharesOutstanding`	23.56M	shares	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$10.32M	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$9.73M	USD	Point-in-time
Common stock shares Outstanding (in shares)	`CommonStockSharesOutstanding`	23.39M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	376,527.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	376,527.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$379.51K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$229.25K	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$16.46M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$15.72M	USD	Point-in-time
Total assets	`Assets`	$25.76M	USD	Point-in-time
Total assets	`Assets`	$24.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.64M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.77M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.39M	USD	Point-in-time
Term and credit notes payable - current portion	`LongTermDebtCurrent`	$1.66M	USD	Point-in-time
Term and credit notes payable - current portion	`LongTermDebtCurrent`	$2.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.17M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$3.71M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$3.79M	USD	Point-in-time
Term and credit notes payable - long term	`LongTermDebtNoncurrent`	$3.60M	USD	Point-in-time
Term and credit notes payable - long term	`LongTermDebtNoncurrent`	$2.83M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.04M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$775.40K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$8.42M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$7.32M	USD	Point-in-time
Preferred stock, $.001 par value: Authorized shares 500,000, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value: Authorized shares 500,000, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value: Authorized shares 40,000,000; issued shares 23,940,325 and 23,763,307, respectively; outstanding shares 23,563,798 and 23,386,780, respectively	`CommonStockValue`	$23.76K	USD	Point-in-time
Common stock, $.001 par value: Authorized shares 40,000,000; issued shares 23,940,325 and 23,763,307, respectively; outstanding shares 23,563,798 and 23,386,780, respectively	`CommonStockValue`	$23.94K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$127.91M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$128.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-121.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-119.73M	USD	Point-in-time
Treasury stock, at cost - 376,527 shares	`TreasuryStockValue`	$1.40M	USD	Point-in-time
Treasury stock, at cost - 376,527 shares	`TreasuryStockValue`	$1.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$7.36M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$25.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$24.94M	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueNet`	$34.09M	USD	3 Qtrs
Net revenue	`SalesRevenueNet`	$13.03M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$43.56M	USD	3 Qtrs
Net revenue	`SalesRevenueNet`	$14.51M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$22.63M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$5.91M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$8.18M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$14.25M	USD	3 Qtrs
Gross profit	`GrossProfit`	$19.84M	USD	3 Qtrs
Gross profit	`GrossProfit`	$7.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$20.93M	USD	3 Qtrs
Gross profit	`GrossProfit`	$6.33M	USD	1 Quarter
Marketing costs	`SearchCosts`	$11.56M	USD	3 Qtrs
Marketing costs	`SearchCosts`	$10.63M	USD	3 Qtrs
Marketing costs	`SearchCosts`	$4.28M	USD	1 Quarter
Marketing costs	`SearchCosts`	$2.94M	USD	1 Quarter
Compensation	`SalariesAndWages`	$1.41M	USD	1 Quarter
Compensation	`SalariesAndWages`	$1.19M	USD	1 Quarter
Compensation	`SalariesAndWages`	$3.43M	USD	3 Qtrs
Compensation	`SalariesAndWages`	$4.73M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.36M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.27M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.18M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.25M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$18.23M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$6.65M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$20.62M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$1.60M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$464.68K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$612.95K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$306.45K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$271.45K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$98.45K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$285.97K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$84.87K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-271.45K	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-285.97K	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-84.87K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-98.45K	USD	1 Quarter
Income from continuing operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.01K	USD	3 Qtrs
Income from continuing operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.32M	USD	3 Qtrs
Income from continuing operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$379.81K	USD	1 Quarter
Income from continuing operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$514.50K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-75.70K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-75.70K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-75.70K	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-237.95K	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$272.95K	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$590.20K	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$379.81K	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.39M	USD	3 Qtrs
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$49.60K	USD	1 Quarter
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$66.96K	USD	3 Qtrs
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$457.71K	USD	3 Qtrs
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$23.07K	USD	1 Quarter
Net income	`ProfitLoss`	$639.80K	USD	1 Quarter
Net income	`ProfitLoss`	$730.66K	USD	3 Qtrs
Net income	`ProfitLoss`	$1.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$402.87K	USD	1 Quarter
Foreign currency valuation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency valuation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Foreign currency valuation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-418.00	USD	3 Qtrs
Foreign currency valuation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-294.00	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$402.87K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.46M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$639.50K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$730.24K	USD	3 Qtrs
Net income (loss) from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.06	USD	3 Qtrs
Net income (loss) from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	1 Quarter
Net income (loss) from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.03	USD	1 Quarter
Net income (loss) from continuing operations (in usd per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.01	USD	3 Qtrs
Net income from discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Net income from discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.02	USD	3 Qtrs
Net income from discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income from discontinued operations (in usd per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income (in usd per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Net income (in usd per share)	`EarningsPerShareBasic`	$0.06	USD	3 Qtrs
Net income (in usd per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Net income (in usd per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.28M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.29M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.45M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.49M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.33M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.45M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.86M	shares	3 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$639.80K	USD	1 Quarter
Net income	`ProfitLoss`	$730.66K	USD	3 Qtrs
Net income	`ProfitLoss`	$1.46M	USD	3 Qtrs
Net income	`ProfitLoss`	$402.87K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.32M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.56M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$75.70K	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$234.40K	USD	3 Qtrs
Amortization of financing fees	`AmortizationOfFinancingCosts`	$27.08K	USD	3 Qtrs
Amortization of financing fees	`AmortizationOfFinancingCosts`	$19.33K	USD	3 Qtrs
Adjustment of European liabilities related to discontinued operations	`LiabilitiesAdjustmentDiscontinuedOperations`	$93.01K	USD	3 Qtrs
Adjustment of European liabilities related to discontinued operations	`LiabilitiesAdjustmentDiscontinuedOperations`	$370.98K	USD	3 Qtrs
Provision of doubtful accounts	`ProvisionRecoveryforDoubtfulAccounts`	$24.89K	USD	3 Qtrs
Provision of doubtful accounts	`ProvisionRecoveryforDoubtfulAccounts`	$-44.88K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$239.35K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$658.80K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$539.77K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$279.97K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-96.29K	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-1.16M	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$1.52M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$216.54K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidExpense`	$-171.82K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$499.71K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.50M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$240.94K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$255.63K	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.83K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.63M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.89M	USD	3 Qtrs
Purchases of equipment and capitalized development costs	`PaymentsToAcquireProductiveAssets`	$656.44K	USD	3 Qtrs
Purchases of equipment and capitalized development costs	`PaymentsToAcquireProductiveAssets`	$878.47K	USD	3 Qtrs
Grant funds received for equipment and office construction	`ProceedsFromGrantFundsReceivedEquipmentAndOfficeConstruction`	-	USD	3 Qtrs
Grant funds received for equipment and office construction	`ProceedsFromGrantFundsReceivedEquipmentAndOfficeConstruction`	$360.81K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-517.65K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-656.44K	USD	3 Qtrs
Deposit to collateralize letter of credit	`ProceedsfromDepositsforCollateralization`	-	USD	3 Qtrs
Deposit to collateralize letter of credit	`ProceedsfromDepositsforCollateralization`	$301.16K	USD	3 Qtrs
Prepaid financing fees and other	`ProceedsfromPaymentsforFinancingCosts`	$43.90K	USD	3 Qtrs
Prepaid financing fees and other	`ProceedsfromPaymentsforFinancingCosts`	$37.60K	USD	3 Qtrs
Proceeds from revolving line of credit	`AdvancesFromCreditNotePayable`	$4.78M	USD	3 Qtrs
Proceeds from revolving line of credit	`AdvancesFromCreditNotePayable`	$1.70M	USD	3 Qtrs
Payments on revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-2.93M	USD	3 Qtrs
Payments on revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-5.20M	USD	3 Qtrs
Proceeds from term note payable	`ProceedsFromRepaymentsOfNotesPayable`	$2.00M	USD	3 Qtrs
Proceeds from term note payable	`ProceedsFromRepaymentsOfNotesPayable`	-	USD	3 Qtrs
Payments on term note payable and capital leases	`PaymentsonTermNotePayableandCapitalLeases`	$2.46M	USD	3 Qtrs
Payments on term note payable and capital leases	`PaymentsonTermNotePayableandCapitalLeases`	$1.03M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.65M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.12M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-418.00	USD	3 Qtrs
Net change cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$322.79K	USD	3 Qtrs
Net change cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$254.85K	USD	3 Qtrs
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.64M	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.38M	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.46M	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.64M	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.38M	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.46M	USD	Point-in-time
Interest paid	`InterestPaid`	$253.77K	USD	3 Qtrs
Interest paid	`InterestPaid`	$237.37K	USD	3 Qtrs

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