10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001185185-14-001292 |
| Period End Date | 20140331 |
| Filing Date | 20140515 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | ssnt-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowance (in Dollars) |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$80.00K | USD | Point-in-time |
| Accounts receivable, allowance (in Dollars) |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$80.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.48K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$762.89K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$261.31K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.11M | USD | Point-in-time |
| Accounts receivable, net of allowance of $80,000 |
AccountsReceivableNetCurrent
|
$1.57M | USD | Point-in-time |
| Accounts receivable, net of allowance of $80,000 |
AccountsReceivableNetCurrent
|
$1.58M | USD | Point-in-time |
| Deferred tax asset current |
DeferredTaxAssetsLiabilitiesNetCurrent
|
$40.00K | USD | Point-in-time |
| Deferred tax asset current |
DeferredTaxAssetsLiabilitiesNetCurrent
|
$40.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$159.28K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$264.28K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.54M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.00M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$241.90K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$213.56K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$687.88K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$638.48K | USD | Point-in-time |
| Deferred tax asset |
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
$55.89K | USD | Point-in-time |
| Deferred tax asset |
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
$80.00K | USD | Point-in-time |
| Deposits and other assets |
OtherAssetsNoncurrent
|
$22.84K | USD | Point-in-time |
| Deposits and other assets |
OtherAssetsNoncurrent
|
$22.84K | USD | Point-in-time |
| Total assets |
Assets
|
$3.57M | USD | Point-in-time |
| Total assets |
Assets
|
$3.93M | USD | Point-in-time |
| Bank line of credit |
LinesOfCreditCurrent
|
- | USD | Point-in-time |
| Bank line of credit |
LinesOfCreditCurrent
|
- | USD | Point-in-time |
| Note payable to related party |
NotesPayableRelatedPartiesClassifiedCurrent
|
$20.00K | USD | Point-in-time |
| Note payable to related party |
NotesPayableRelatedPartiesClassifiedCurrent
|
$20.00K | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$175.00K | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$175.00K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.91M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.84M | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$13.29K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$13.02K | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrent
|
$2.82K | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrent
|
$2.67K | USD | Point-in-time |
| Capital lease obligations current portion |
CapitalLeaseObligationsCurrent
|
$58.40K | USD | Point-in-time |
| Capital lease obligations current portion |
CapitalLeaseObligationsCurrent
|
$53.73K | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$1.72M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$1.89M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.06M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.82M | USD | Point-in-time |
| Capital lease obligations long-term |
CapitalLeaseObligationsNoncurrent
|
$48.62K | USD | Point-in-time |
| Capital lease obligations long-term |
CapitalLeaseObligationsNoncurrent
|
$29.33K | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$104.52K | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$62.52K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.97M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$4.16M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$10.86M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$10.81M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-11.21M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-11.09M | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-229.31K | USD | Point-in-time |
| Total stockholders deficit |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$-399.84K | USD | Point-in-time |
| Total liabilities and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$3.57M | USD | Point-in-time |
| Total liabilities and stockholders deficit |
LiabilitiesAndStockholdersEquity
|
$3.93M | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Software product, net |
SalesRevenueGoodsNet
|
$716.26K | USD | 1 Quarter |
| Software product, net |
SalesRevenueGoodsNet
|
$609.97K | USD | 1 Quarter |
| Service, net |
SalesRevenueServicesNet
|
$3.33M | USD | 1 Quarter |
| Service, net |
SalesRevenueServicesNet
|
$4.31M | USD | 1 Quarter |
| Total revenues, net |
SalesRevenueNet
|
$4.04M | USD | 1 Quarter |
| Total revenues, net |
SalesRevenueNet
|
$4.92M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$327.40K | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$342.31K | USD | 1 Quarter |
| Service |
CostOfServices
|
$2.07M | USD | 1 Quarter |
| Service |
CostOfServices
|
$2.49M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$2.82M | USD | 1 Quarter |
| Total cost of revenues |
CostOfRevenue
|
$2.41M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$2.11M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.64M | USD | 1 Quarter |
| Selling and marketing expenses |
SellingAndMarketingExpense
|
$732.27K | USD | 1 Quarter |
| Selling and marketing expenses |
SellingAndMarketingExpense
|
$730.10K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$1.09M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$697.60K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$75.78K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$77.73K | USD | 1 Quarter |
| Total selling, general and administrative expenses |
OperatingExpenses
|
$1.90M | USD | 1 Quarter |
| Total selling, general and administrative expenses |
OperatingExpenses
|
$1.50M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$201.64K | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$131.64K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-9.99K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-16.11K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-9.99K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-16.11K | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$191.65K | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$115.53K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$70.91K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$115.53K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$120.74K | USD | 1 Quarter |
| Net income per common share basic and fully diluted (in Dollars per share) |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Net income per common share basic and fully diluted (in Dollars per share) |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
117.92M | shares | 1 Quarter |
| Basic (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
116.95M | shares | 1 Quarter |
| Diluted (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
117.15M | shares | 1 Quarter |
| Diluted (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
117.92M | shares | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$115.53K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$120.74K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$24.11K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$28.33K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$27.35K | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$48.43K | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$49.40K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$11.28K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.40K | USD | 1 Quarter |
| Common stock issued in exchange for services |
CommonStockIssuedForServices
|
- | USD | 1 Quarter |
| Common stock issued in exchange for services |
CommonStockIssuedForServices
|
$20.98K | USD | 1 Quarter |
| Stock warrants issued in exchange for services |
StockWarrantsCompensation
|
$28.51K | USD | 1 Quarter |
| Stock warrants issued in exchange for services |
StockWarrantsCompensation
|
- | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$9.83K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-318.60K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$24.38K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$87.48K | USD | 1 Quarter |
| Deposits and other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
- | USD | 1 Quarter |
| Deposits and other assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$159.00 | USD | 1 Quarter |
| Accounts payable and accrued expenses and due to related party |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$73.56K | USD | 1 Quarter |
| Accounts payable and accrued expenses and due to related party |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-224.41K | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$230.00 | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$-271.00 | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$176.86K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$169.81K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$470.96K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$400.63K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$23.07K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-23.07K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Repayment of bank line of credit |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Repayment of bank line of credit |
RepaymentsOfLinesOfCredit
|
$178.63K | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfBankDebt
|
$41.99K | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfBankDebt
|
- | USD | 1 Quarter |
| Principal payments under capital leases obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$14.62K | USD | 1 Quarter |
| Principal payments under capital leases obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$12.44K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-191.07K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-56.61K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$344.02K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$256.82K | USD | 1 Quarter |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.48K | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$762.89K | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$261.31K | USD | Point-in-time |
| Cash and cash equivalents beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.11M | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.48K | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$762.89K | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$261.31K | USD | Point-in-time |
| Cash and cash equivalents end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.11M | USD | Point-in-time |
| Interest |
InterestPaid
|
$4.50K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$16.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.