10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-15-031315 |
| Period End Date | 20150331 |
| Filing Date | 20150515 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | ivda-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$914.83K | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.57M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$559.73K | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$87.90K | USD | Point-in-time |
| Restricted Cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$979.10K | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Restricted Cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$888.38K | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Accounts Receivable, Net |
AccountsReceivableNetCurrent
|
$573.72K | USD | Point-in-time |
| Accounts Receivable, Net |
AccountsReceivableNetCurrent
|
$358.80K | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
27.31M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
27.31M | shares | Point-in-time |
| Inventory, Net |
InventoryNet
|
$387.92K | USD | Point-in-time |
| Inventory, Net |
InventoryNet
|
$469.15K | USD | Point-in-time |
| Other Current Assets |
OtherAssetsCurrent
|
$647.66K | USD | Point-in-time |
| Other Current Assets |
OtherAssetsCurrent
|
$694.36K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
27.31M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
27.31M | shares | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.20M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$2.46M | USD | Point-in-time |
| PROPERTY AND EQUIPMENT, NET |
PropertyPlantAndEquipmentNet
|
$532.51K | USD | Point-in-time |
| PROPERTY AND EQUIPMENT, NET |
PropertyPlantAndEquipmentNet
|
$558.33K | USD | Point-in-time |
| PROPERTY AND EQUIPMENT, NET |
PropertyPlantAndEquipmentNet
|
$445.24K | USD | Point-in-time |
| Intangible Assets, Net |
OtherIntangibleAssetsNet
|
$121.67K | USD | Point-in-time |
| Intangible Assets, Net |
OtherIntangibleAssetsNet
|
$126.67K | USD | Point-in-time |
| Other Assets |
OtherAssetsNoncurrent
|
$188.84K | USD | Point-in-time |
| Other Assets |
OtherAssetsNoncurrent
|
$364.32K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$490.99K | USD | Point-in-time |
| Total Other Assets |
OtherAssets
|
$310.50K | USD | Point-in-time |
| Total Assets |
Assets
|
$3.48M | USD | Point-in-time |
| Total Assets |
Assets
|
$4.96M | USD | Point-in-time |
| Total Assets |
Assets
|
$4.28M | USD | Point-in-time |
| Accounts and Other Payables |
AccountsPayableCurrent
|
$1.96M | USD | Point-in-time |
| Accounts and Other Payables |
AccountsPayableCurrent
|
$2.17M | USD | Point-in-time |
| Due to Related Parties |
DueToRelatedPartiesCurrent
|
$430.00K | USD | Point-in-time |
| Due to Related Parties |
DueToRelatedPartiesCurrent
|
$575.00K | USD | Point-in-time |
| Short Term Debt |
ShortTermBorrowings
|
$1.08M | USD | Point-in-time |
| Short Term Debt |
ShortTermBorrowings
|
$1.11M | USD | Point-in-time |
| Derivative Liability |
DerivativeLiabilitiesCurrent
|
$112.01K | USD | Point-in-time |
| Derivative Liability |
DerivativeLiabilitiesCurrent
|
$75.08K | USD | Point-in-time |
| Current Portion of Long-Term Debt |
OtherLongTermDebtCurrent
|
$14.15K | USD | Point-in-time |
| Current Portion of Long-Term Debt |
OtherLongTermDebtCurrent
|
$34.61K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$3.97M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$3.59M | USD | Point-in-time |
| LONG-TERM DIVIDENDS PAYABLE |
DividendsPayableNoncurrent
|
$272.90K | USD | Point-in-time |
| LONG-TERM DIVIDENDS PAYABLE |
DividendsPayableNoncurrent
|
$367.99K | USD | Point-in-time |
| Common Stock, $0.00001 par value; 100,000,000 shares authorized; 27,308,357 shares issued and outstanding as of March 31, 2015 and December 31, 2014 |
CommonStockValue
|
$273.00 | USD | Point-in-time |
| Common Stock, $0.00001 par value; 100,000,000 shares authorized; 27,308,357 shares issued and outstanding as of March 31, 2015 and December 31, 2014 |
CommonStockValue
|
$273.00 | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$29.85M | USD | Point-in-time |
| Additional Paid-In Capital |
AdditionalPaidInCapitalCommonStock
|
$27.26M | USD | Point-in-time |
| Accumulated Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-35.62K | USD | Point-in-time |
| Accumulated Comprehensive Loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-34.08K | USD | Point-in-time |
| Less Notes Receivable from Stockholder |
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
$492.19K | USD | Point-in-time |
| Less Notes Receivable from Stockholder |
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
$492.19K | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-27.49M | USD | Point-in-time |
| Accumulated Deficit |
RetainedEarningsAccumulatedDeficit
|
$-28.33M | USD | Point-in-time |
| Total Stockholders' Equity (Deficit) |
StockholdersEquity
|
$-756.39K | USD | Point-in-time |
| Total Stockholders' Equity (Deficit) |
StockholdersEquity
|
$994.58K | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$3.48M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$4.96M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Equipment Sales |
SalesRevenueGoodsNet
|
$414.52K | USD | 1 Quarter |
| Equipment Sales |
SalesRevenueGoodsNet
|
$210.31K | USD | 1 Quarter |
| Service Revenue |
SalesRevenueServicesNet
|
$98.34K | USD | 1 Quarter |
| Service Revenue |
SalesRevenueServicesNet
|
$158.80K | USD | 1 Quarter |
| Other Revenue |
OtherSalesRevenueNet
|
$12.96K | USD | 1 Quarter |
| Other Revenue |
OtherSalesRevenueNet
|
$5.75K | USD | 1 Quarter |
| Total Revenue |
Revenues
|
$374.86K | USD | 1 Quarter |
| Total Revenue |
Revenues
|
$525.82K | USD | 1 Quarter |
| COST OF REVENUE |
CostOfRevenue
|
$210.53K | USD | 1 Quarter |
| COST OF REVENUE |
CostOfRevenue
|
$358.69K | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$164.33K | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$167.13K | USD | 1 Quarter |
| OPERATING EXPENS ES |
OperatingExpenses
|
$1.02M | USD | 1 Quarter |
| OPERATING EXPENS ES |
OperatingExpenses
|
$1.53M | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-1.36M | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-848.81K | USD | 1 Quarter |
| Foreign Currency Transaction Gains |
ForeignCurrencyTransactionGainLossRealized
|
$2.23K | USD | 1 Quarter |
| Foreign Currency Transaction Gains |
ForeignCurrencyTransactionGainLossRealized
|
$4.44K | USD | 1 Quarter |
| Gain on Derivatives |
DerivativeGainLossOnDerivativeNet
|
$11.60K | USD | 1 Quarter |
| Gain on Derivatives |
DerivativeGainLossOnDerivativeNet
|
$36.93K | USD | 1 Quarter |
| Interest Income |
InvestmentIncomeInterest
|
$3.00 | USD | 1 Quarter |
| Interest Income |
InvestmentIncomeInterest
|
$6.08K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$56.00K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$38.03K | USD | 1 Quarter |
| Total Other Income (Expense) |
NonoperatingIncomeExpense
|
$9.43K | USD | 1 Quarter |
| Total Other Income (Expense) |
NonoperatingIncomeExpense
|
$-42.17K | USD | 1 Quarter |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-839.39K | USD | 1 Quarter |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.41M | USD | 1 Quarter |
| BENEFIT (PROVISION) FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| BENEFIT (PROVISION) FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| NET LOSS |
NetIncomeLoss
|
$-839.39K | USD | 1 Quarter |
| NET LOSS |
NetIncomeLoss
|
$-1.41M | USD | 1 Quarter |
| BASIC AND DILUTED LOSS PER SHARE (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$-0.05 | USD | 1 Quarter |
| BASIC AND DILUTED LOSS PER SHARE (in dollars per share) |
EarningsPerShareBasicAndDiluted
|
$-0.03 | USD | 1 Quarter |
| WEIGHTED AVERAGE S HARES (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
26.74M | shares | 1 Quarter |
| WEIGHTED AVERAGE S HARES (in shares) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
27.31M | shares | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Loss |
NetIncomeLoss
|
$-839.39K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-1.41M | USD | 1 Quarter |
| Depreciation and Amortization |
DepreciationDepletionAndAmortization
|
$54.32K | USD | 1 Quarter |
| Depreciation and Amortization |
DepreciationDepletionAndAmortization
|
$57.12K | USD | 1 Quarter |
| Amortization of Debt Discount |
AmortizationOfDebtDiscountPremium
|
- | USD | 1 Quarter |
| Amortization of Debt Discount |
AmortizationOfDebtDiscountPremium
|
$-880.00 | USD | 1 Quarter |
| Amortization of Deferred Financing Costs |
AmortizationOfFinancingCosts
|
$19.24K | USD | 1 Quarter |
| Amortization of Deferred Financing Costs |
AmortizationOfFinancingCosts
|
- | USD | 1 Quarter |
| (Gain) on Derivatives |
GainLossOnSaleOfDerivatives
|
$11.60K | USD | 1 Quarter |
| (Gain) on Derivatives |
GainLossOnSaleOfDerivatives
|
$36.93K | USD | 1 Quarter |
| Stock Option Compensation |
ShareBasedCompensation
|
$62.00K | USD | 1 Quarter |
| Stock Option Compensation |
ShareBasedCompensation
|
$96.00K | USD | 1 Quarter |
| Bad Debt Expense |
ProvisionForDoubtfulAccounts
|
$3.08K | USD | 1 Quarter |
| Bad Debt Expense |
ProvisionForDoubtfulAccounts
|
- | USD | 1 Quarter |
| Inventory Valuation Allowance |
InventoryValuationAllowance
|
- | USD | 1 Quarter |
| Inventory Valuation Allowance |
InventoryValuationAllowance
|
$1.00K | USD | 1 Quarter |
| Common Stock Warrants Issued for Interest |
IssuanceOfCommonStockWarrantsForInterest
|
$7.33K | USD | 1 Quarter |
| Common Stock Warrants Issued for Interest |
IssuanceOfCommonStockWarrantsForInterest
|
- | USD | 1 Quarter |
| Accounts Receivable |
IncreaseDecreaseInAccountsReceivable
|
$210.48K | USD | 1 Quarter |
| Accounts Receivable |
IncreaseDecreaseInAccountsReceivable
|
$38.28K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$66.05K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$79.60K | USD | 1 Quarter |
| Other Current Assets |
IncreaseDecreaseInOtherCurrentAssets
|
$135.47K | USD | 1 Quarter |
| Other Current Assets |
IncreaseDecreaseInOtherCurrentAssets
|
$34.02K | USD | 1 Quarter |
| Other Assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
- | USD | 1 Quarter |
| Other Assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-14.01K | USD | 1 Quarter |
| Accounts and Other Payables |
IncreaseDecreaseInAccountsPayable
|
$-23.64K | USD | 1 Quarter |
| Accounts and Other Payables |
IncreaseDecreaseInAccountsPayable
|
$-231.69K | USD | 1 Quarter |
| Net Cash Used in Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.51M | USD | 1 Quarter |
| Net Cash Used in Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.29M | USD | 1 Quarter |
| Purchase of Property and Equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$137.13K | USD | 1 Quarter |
| Purchase of Property and Equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.87K | USD | 1 Quarter |
| Net Cash (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-137.13K | USD | 1 Quarter |
| Net Cash (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.87K | USD | 1 Quarter |
| Changes in Restricted Cash |
IncreaseDecreaseInRestrictedCash
|
$-42.42K | USD | 1 Quarter |
| Changes in Restricted Cash |
IncreaseDecreaseInRestrictedCash
|
$-105.25K | USD | 1 Quarter |
| Proceeds from (Payments on) Short-Term Notes Payable/Debt |
ProceedsFromRepaymentsOfShortTermDebt
|
$16.76K | USD | 1 Quarter |
| Proceeds from (Payments on) Short-Term Notes Payable/Debt |
ProceedsFromRepaymentsOfShortTermDebt
|
$2.12M | USD | 1 Quarter |
| Proceeds from Exercise of Stock Options |
ProceedsFromStockOptionsExercised
|
- | USD | 1 Quarter |
| Proceeds from Exercise of Stock Options |
ProceedsFromStockOptionsExercised
|
$5.63K | USD | 1 Quarter |
| Proceeds from (Payments to) Due to Related Parties |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$-145.00K | USD | 1 Quarter |
| Proceeds from (Payments to) Due to Related Parties |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$-70.11K | USD | 1 Quarter |
| Proceeds from Long-Term Debt, Net of Payments |
ProceedsFromRepaymentsOfOtherLongTermDebt
|
$-20.81K | USD | 1 Quarter |
| Proceeds from Long-Term Debt, Net of Payments |
ProceedsFromRepaymentsOfOtherLongTermDebt
|
$-22.61K | USD | 1 Quarter |
| Deferred Finance Costs, Net |
PaymentsOfFinancingCosts
|
$64.07K | USD | 1 Quarter |
| Deferred Finance Costs, Net |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Series B Preferred Stock Issued, Net of Cost of Capital |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Series B Preferred Stock Issued, Net of Cost of Capital |
ProceedsFromIssuanceOfCommonStock
|
$2.82M | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.78M | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.01M | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-5.23K | USD | 1 Quarter |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.31K | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.49M | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$355.11K | USD | 1 Quarter |
| Cash and Cash Equivalents- Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$914.83K | USD | Point-in-time |
| Cash and Cash Equivalents- Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$1.57M | USD | Point-in-time |
| Cash and Cash Equivalents- Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$559.73K | USD | Point-in-time |
| Cash and Cash Equivalents- Beginning of Period |
CashAndCashEquivalentsAtCarryingValue
|
$87.90K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$914.83K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$1.57M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$559.73K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$87.90K | USD | Point-in-time |
| Interest Paid |
InterestPaid
|
$37.02K | USD | 1 Quarter |
| Interest Paid |
InterestPaid
|
$32.10K | USD | 1 Quarter |
| Discount on Convertible Debt |
DiscountOnConvertibleDebt
|
- | USD | 1 Quarter |
| Discount on Convertible Debt |
DiscountOnConvertibleDebt
|
$51.50K | USD | 1 Quarter |
| Establishment of Derivative Liability |
CapitalLeaseObligationsIncurred
|
- | USD | 1 Quarter |
| Establishment of Derivative Liability |
CapitalLeaseObligationsIncurred
|
$55.67K | USD | 1 Quarter |
| Warrants Issued for Interest Expense |
WarrantsIssuedForInterestExpense
|
$7.33K | USD | 1 Quarter |
| Warrants Issued for Interest Expense |
WarrantsIssuedForInterestExpense
|
- | USD | 1 Quarter |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Loss |
NetIncomeLoss
|
$-839.39K | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-1.41M | USD | 1 Quarter |
| Other Comprehensive Loss Change in Equity Adjustment from Foreign Currency Translation, Net of Tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.80K | USD | 1 Quarter |
| Other Comprehensive Loss Change in Equity Adjustment from Foreign Currency Translation, Net of Tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.53K | USD | 1 Quarter |
| Comprehensive Loss |
ComprehensiveIncomeNetOfTax
|
$-837.86K | USD | 1 Quarter |
| Comprehensive Loss |
ComprehensiveIncomeNetOfTax
|
$-1.41M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.