10-Q/A Filing

FULLNET COMMUNICATIONS INC CIK: 1092570 Q3 2011

Filing Information

Form Type	10-Q/A
Accession Number	`0001092570-11-000026`
Period End Date	20110930
Filing Date	20111115
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	fulo-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 64 Cash Flow Statement 45 Stockholders Equity 16

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.58M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$11.90K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$11.75K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$10.86K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$8.54K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.85M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$25.66K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$16.12K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.81K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.09K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$57.22K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.07K	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$86.06K	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$89.02K	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$5.29K	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$8.60K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$124.42K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$154.84K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$399.88K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$368.75K	USD	Point-in-time
Accrued and other liabilities, current portion	`OtherLiabilitiesCurrent`	$1.03M	USD	Point-in-time
Accrued and other liabilities, current portion	`OtherLiabilitiesCurrent`	$1.04M	USD	Point-in-time
Notes payable, current portion	`NotesPayableCurrent`	$77.45K	USD	Point-in-time
Notes payable, current portion	`NotesPayableCurrent`	$78.45K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$182.99K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$133.86K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.65M	USD	Point-in-time
ACCRUED AND OTHER LIABILITIES, less current portion	`OtherLiabilitiesNoncurrent`	$18.27K	USD	Point-in-time
ACCRUED AND OTHER LIABILITIES, less current portion	`OtherLiabilitiesNoncurrent`	$22.18K	USD	Point-in-time
NOTES PAYABLE, less current portion	`LongTermNotesPayable`	$256.47K	USD	Point-in-time
NOTES PAYABLE, less current portion	`LongTermNotesPayable`	$274.85K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.93M	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$79.00	USD	Point-in-time
Common stock	`CommonStockValueOutstanding`	$86.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.22M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.78M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.82M	USD	Point-in-time
TOTAL LIABILITES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$124.42K	USD	Point-in-time
TOTAL LIABILITES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$154.84K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Access service revenues	`SalesRevenueNet`	$228.96K	USD	3 Qtrs
Access service revenues	`SalesRevenueNet`	$184.84K	USD	3 Qtrs
Access service revenues	`SalesRevenueNet`	$63.35K	USD	1 Quarter
Access service revenues	`SalesRevenueNet`	$67.13K	USD	1 Quarter
Co-location and other revenues	`OtherSalesRevenueNet`	$370.55K	USD	1 Quarter
Co-location and other revenues	`OtherSalesRevenueNet`	$1.03M	USD	3 Qtrs
Co-location and other revenues	`OtherSalesRevenueNet`	$427.77K	USD	1 Quarter
Co-location and other revenues	`OtherSalesRevenueNet`	$1.22M	USD	3 Qtrs
Total revenues	`Revenues`	$1.26M	USD	3 Qtrs
Total revenues	`Revenues`	$437.68K	USD	1 Quarter
Total revenues	`Revenues`	$491.12K	USD	1 Quarter
Total revenues	`Revenues`	$1.41M	USD	3 Qtrs
Cost of access service revenues	`CostOfGoodsAndServicesSold`	$42.97K	USD	1 Quarter
Cost of access service revenues	`CostOfGoodsAndServicesSold`	$44.79K	USD	1 Quarter
Cost of access service revenues	`CostOfGoodsAndServicesSold`	$131.59K	USD	3 Qtrs
Cost of access service revenues	`CostOfGoodsAndServicesSold`	$142.47K	USD	3 Qtrs
Cost of co-location and other revenues	`OtherCostOfOperatingRevenue`	$299.71K	USD	3 Qtrs
Cost of co-location and other revenues	`OtherCostOfOperatingRevenue`	$111.27K	USD	1 Quarter
Cost of co-location and other revenues	`OtherCostOfOperatingRevenue`	$89.27K	USD	1 Quarter
Cost of co-location and other revenues	`OtherCostOfOperatingRevenue`	$273.86K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$312.62K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$914.82K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.04M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$338.12K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.63K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.95K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.07K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.28K	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$1.36M	USD	3 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$460.15K	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$509.12K	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$1.53M	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-270.37K	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$47.40K	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-71.44K	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$30.97K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$6.00K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$20.57K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$18.22K	USD	3 Qtrs
INTEREST EXPENSE	`InterestExpense`	$61.12K	USD	3 Qtrs
INCOME (LOSS) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-92.01K	USD	1 Quarter
INCOME (LOSS) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.18K	USD	3 Qtrs
INCOME (LOSS) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.97K	USD	1 Quarter
INCOME (LOSS) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-331.50K	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-92.01K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$24.97K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-331.50K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$29.18K	USD	3 Qtrs
Net income (loss) per common share -basic	`EarningsPerShareBasic`	$-0.04	USD	3 Qtrs
Net income (loss) per common share -basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Net income (loss) per common share - assuming dilution	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Net income (loss) per common share - assuming dilution	`EarningsPerShareDiluted`	$-0.04	USD	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	8.58M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.92M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	8.22M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.92M	shares	3 Qtrs
Weighted average shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.92M	shares	3 Qtrs
Weighted average shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.92M	shares	1 Quarter
Weighted average shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.74M	shares	1 Quarter
Weighted average shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.72M	shares	3 Qtrs

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-92.01K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.97K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-331.50K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$29.18K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.63K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.95K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.07K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.28K	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$63.00	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.84K	USD	3 Qtrs
Provision for uncollectible accounts receivable	`ProvisionForDoubtfulAccounts`	$901.00	USD	3 Qtrs
Provision for uncollectible accounts receivable	`ProvisionForDoubtfulAccounts`	$5.05K	USD	3 Qtrs
Net (increase) decrease in Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.44K	USD	3 Qtrs
Net (increase) decrease in Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-19.34K	USD	3 Qtrs
Net (increase) decrease in Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$1.57K	USD	3 Qtrs
Net (increase) decrease in Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-13.72K	USD	3 Qtrs
Net increase (decrease) in Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-31.13K	USD	3 Qtrs
Net increase (decrease) in Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$66.51K	USD	3 Qtrs
Net increase (decrease) in Accrued and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$218.68K	USD	3 Qtrs
Net increase (decrease) in Accrued and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.48K	USD	3 Qtrs
Net increase (decrease) in Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$26.48K	USD	3 Qtrs
Net increase (decrease) in Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$49.13K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$57.35K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.15K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-19.52K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-36.28K	USD	3 Qtrs
Acquisition of business	`PaymentsToAcquireBusinessesGross`	-	USD	3 Qtrs
Acquisition of business	`PaymentsToAcquireBusinessesGross`	$-10.06K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.52K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.34K	USD	3 Qtrs
Principal payments on borrowings under notes payable	`RepaymentsOfNotesPayable`	$-17.38K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$7.26K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.12K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.37K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$895.00	USD	3 Qtrs
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.90K	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.75K	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.86K	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.54K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.90K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.75K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.86K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.54K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$15.11K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$15.79K	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Shares outstanding	`CommonStockSharesOutstanding`	7.85M	shares	Point-in-time
Shares outstanding	`CommonStockSharesOutstanding`	8.58M	shares	Point-in-time
Stockholders' deficit	`StockholdersEquity`	$-1.78M	USD	Point-in-time
Stockholders' deficit	`StockholdersEquity`	$-1.82M	USD	Point-in-time
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$63.00	USD	3 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.84K	USD	3 Qtrs
Stock options exercise	`ProceedsFromStockOptionsExercised`	$7.26K	USD	3 Qtrs
Stock options exercise, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	725,697.00	shares	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-92.01K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.97K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-331.50K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$29.18K	USD	3 Qtrs
Stockholders' deficit	`StockholdersEquity`	$-1.78M	USD	Point-in-time
Stockholders' deficit	`StockholdersEquity`	$-1.82M	USD	Point-in-time
Shares outstanding	`CommonStockSharesOutstanding`	7.85M	shares	Point-in-time
Shares outstanding	`CommonStockSharesOutstanding`	8.58M	shares	Point-in-time

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