10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001214782-13-000223 |
| Period End Date | 20130331 |
| Filing Date | 20130515 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | imsi-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
43 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Cash |
Cash
|
$1.26K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
25.81M | shares | Point-in-time |
| Cash |
Cash
|
$244.00 | USD | Point-in-time |
| Cash |
Cash
|
$808.00 | USD | Point-in-time |
| Cash |
Cash
|
$40.14K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
24.64M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.17K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
24.64M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
25.81M | shares | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.58K | USD | Point-in-time |
| Current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$116.46K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$127.89K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$50.72K | USD | Point-in-time |
| Non-current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$99.09K | USD | Point-in-time |
| Total assets |
Assets
|
$50.72K | USD | Point-in-time |
| Total assets |
Assets
|
$226.98K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$39.03K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.11K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$128.38K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$61.34K | USD | Point-in-time |
| Notes payable |
NotesPayableCurrent
|
$266.05K | USD | Point-in-time |
| Notes payable |
NotesPayableCurrent
|
$280.03K | USD | Point-in-time |
| Revolving note from related party |
NotesPayableRelatedPartiesClassifiedCurrent
|
$281.23K | USD | Point-in-time |
| Revolving note from related party |
NotesPayableRelatedPartiesClassifiedCurrent
|
$281.23K | USD | Point-in-time |
| Current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$156.91K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$818.54K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$685.77K | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $.001 par value, 100,000,000 shares authorized, 25,808,106 shares issued and outstanding (24,637,893 at December 31, 2012) |
CommonStockValue
|
$25.81K | USD | Point-in-time |
| Common stock, $.001 par value, 100,000,000 shares authorized, 25,808,106 shares issued and outstanding (24,637,893 at December 31, 2012) |
CommonStockValue
|
$24.64K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$770.79K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$789.55K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.39M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.45M | USD | Point-in-time |
| Total stockholders' deficiency |
StockholdersEquity
|
$-591.56K | USD | Point-in-time |
| Total stockholders' deficiency |
StockholdersEquity
|
$-635.05K | USD | Point-in-time |
| Total liabilities and stockholders' deficiency |
LiabilitiesAndStockholdersEquity
|
$50.72K | USD | Point-in-time |
| Total liabilities and stockholders' deficiency |
LiabilitiesAndStockholdersEquity
|
$226.98K | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
- | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
- | USD | 1 Quarter |
| Costs of revenue |
CostOfRevenue
|
- | USD | 1 Quarter |
| Costs of revenue |
CostOfRevenue
|
- | USD | 1 Quarter |
| Gross loss |
GrossProfit
|
- | USD | 1 Quarter |
| Gross loss |
GrossProfit
|
- | USD | 1 Quarter |
| General and administrative: |
GeneralAndAdministrativeExpense
|
$75.88K | USD | 1 Quarter |
| General and administrative: |
GeneralAndAdministrativeExpense
|
$66.33K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-66.33K | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-75.88K | USD | 1 Quarter |
| Loss from change in fair value of notes payable |
ChangeInFairValueOfNotesPayable
|
- | USD | 1 Quarter |
| Loss from change in fair value of notes payable |
ChangeInFairValueOfNotesPayable
|
$3.95K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.99K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$10.56K | USD | 1 Quarter |
| [OtherExpenses] |
OtherExpenses
|
$10.93K | USD | 1 Quarter |
| [OtherExpenses] |
OtherExpenses
|
$10.56K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-86.44K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-77.27K | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Loss from continued operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-77.27K | USD | 1 Quarter |
| Loss from continued operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-86.44K | USD | 1 Quarter |
| Gain from disposal of discontinued operations |
DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax
|
$-3.84K | USD | 1 Quarter |
| Gain from disposal of discontinued operations |
DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax
|
- | USD | 1 Quarter |
| Net income from discontinued operations |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
$7.73K | USD | 1 Quarter |
| Net income from discontinued operations |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
$19.17K | USD | 1 Quarter |
| [IncomeLossFromDiscontinuedOperationsNetOfTax] |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$7.73K | USD | 1 Quarter |
| [IncomeLossFromDiscontinuedOperationsNetOfTax] |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$23.01K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-69.54K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-63.42K | USD | 1 Quarter |
| Net loss from continuing operations per share- basic and diluted |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
- | USD | 1 Quarter |
| Net loss from continuing operations per share- basic and diluted |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
- | USD | 1 Quarter |
| Net income from discontinued operations per share- basic and diluted |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
- | USD | 1 Quarter |
| Net income from discontinued operations per share- basic and diluted |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
- | USD | 1 Quarter |
| Net loss per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Net loss per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
23.94M | shares | 1 Quarter |
| Weighted average common shares outstanding - basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
25.54M | shares | 1 Quarter |
Cash Flow Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-63.42K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-69.54K | USD | 1 Quarter |
| Income from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$7.73K | USD | 1 Quarter |
| Income from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$23.01K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$6.95K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$5.95K | USD | 1 Quarter |
| Change in fair value of notes |
ChangeInFairValueOfNotesPayable
|
- | USD | 1 Quarter |
| Change in fair value of notes |
ChangeInFairValueOfNotesPayable
|
$3.95K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.18K | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$407.00 | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$2.60K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$38.12K | USD | 1 Quarter |
| Net cash used by continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-61.59K | USD | 1 Quarter |
| Net cash used by continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-42.77K | USD | 1 Quarter |
| Net cash provided by discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$23.29K | USD | 1 Quarter |
| Net cash provided by discontinued operations |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$7.65K | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-35.12K | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-38.30K | USD | 1 Quarter |
| Net proceeds from sale of LegalStore.com |
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
- | USD | 1 Quarter |
| Net proceeds from sale of LegalStore.com |
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
$74.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$74.00K | USD | 1 Quarter |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 1 Quarter |
| Proceeds from sale of common stock |
ProceedsFromIssuanceOfCommonStock
|
$5.00K | USD | 1 Quarter |
| Net borrowings from related party |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$32.73K | USD | 1 Quarter |
| Net borrowings from related party |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$37.73K | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashPeriodIncreaseDecrease
|
$38.88K | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashPeriodIncreaseDecrease
|
$-564.00 | USD | 1 Quarter |
| Cash - beginning of period |
Cash
|
$244.00 | USD | Point-in-time |
| Cash - beginning of period |
Cash
|
$1.26K | USD | Point-in-time |
| Cash - beginning of period |
Cash
|
$808.00 | USD | Point-in-time |
| Cash - beginning of period |
Cash
|
$40.14K | USD | Point-in-time |
| Cash - end of period |
Cash
|
$40.14K | USD | Point-in-time |
| Cash - end of period |
Cash
|
$808.00 | USD | Point-in-time |
| Cash - end of period |
Cash
|
$1.26K | USD | Point-in-time |
| Cash - end of period |
Cash
|
$244.00 | USD | Point-in-time |
| Income taxes |
IncomeTaxesPaid
|
$600.00 | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$3.80K | USD | 1 Quarter |
| Note payable and accrued interest converted to shares of common stock |
DebtConversionOriginalDebtAmount1
|
$13.98K | USD | 1 Quarter |
| Note payable and accrued interest converted to shares of common stock |
DebtConversionOriginalDebtAmount1
|
$16.95K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.