Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Feb. 25, 2014 | Jun. 28, 2013 | |
Document and Entity Information [Abstract] | ' | ' | ' |
Entity Registrant Name | 'Helios & Matheson Analytics Inc. | ' | ' |
Document Type | '10-K | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 2,330,438 | ' |
Entity Public Float | ' | ' | $2,602,047 |
Amendment Flag | 'false | ' | ' |
Entity Central Index Key | '0001040792 | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' |
Entity Voluntary Filers | 'No | ' | ' |
Entity Filer Category | 'Smaller Reporting Company | ' | ' |
Entity Well-known Seasoned Issuer | 'No | ' | ' |
Document Period End Date | 31-Dec-13 | ' | ' |
Document Fiscal Year Focus | '2013 | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Current Assets: | ' | ' |
Cash and cash equivalents | $660,278 | $2,861,733 |
Accounts receivable- less allowance for doubtful accounts of $28,213 at December 31, 2013, and $32,421 at December 31, 2012 | 2,147,436 | 1,257,488 |
Unbilled receivables | 143,126 | 21,490 |
Prepaid expenses and other current assets | 147,448 | 130,571 |
Total current assets | 3,098,288 | 4,271,282 |
Property and equipment, net | 50,071 | 52,717 |
Security Deposit | 2,000,000 | 1,000,000 |
Deposits and other assets | 78,520 | 100,032 |
Total assets | 5,226,879 | 5,424,031 |
Current Liabilities: | ' | ' |
Accounts payable and accrued expenses | 830,948 | 1,171,249 |
Total current liabilities | 830,948 | 1,171,249 |
Shareholders' equity: | ' | ' |
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued and outstanding as of December 31, 2013, and December 31, 2012 | 0 | 0 |
Common stock, $.01 par value; 30,000,000 shares authorized; 2,330,438 issued and outstanding as of December 31, 2013 and as of December 31, 2012 | 23,304 | 23,304 |
Paid-in capital | 37,855,740 | 37,855,740 |
Accumulated other comprehensive loss - foreign currency translation | -77,032 | -46,910 |
Accumulated deficit | -33,406,081 | -33,579,352 |
Total shareholders' equity | 4,395,931 | 4,252,782 |
Total liabilities and shareholders' equity | $5,226,879 | $5,424,031 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parentheticals) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Allowance for doubtful accounts (in Dollars) (in Dollars) | $28,213 | $32,421 |
Preferred stock, par value (in Dollars per share) (in Dollars per share) | $0.01 | $0.01 |
Preferred stock, shares authorized (in Shares) | 2,000,000 | 2,000,000 |
Preferred stock, shares issued (in Shares) | 0 | 0 |
Preferred stock, shares outstanding (in Shares) | 0 | 0 |
Common stock, par value (in Dollars per share) (in Dollars per share) | $0.01 | $0.01 |
Common stock, shares authorized (in Shares) | 30,000,000 | 30,000,000 |
Common stock, issued (in Shares) | 2,330,438 | 2,330,438 |
Common stock, outstanding (in Shares) | 2,330,438 | 2,330,438 |
Consolidated_Statements_of_Inc
Consolidated Statements of Income and Comprehensive Income (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Revenues | $13,291,095 | $12,368,920 |
Cost of revenues | 10,558,446 | 9,582,191 |
Gross profit | 2,732,649 | 2,786,729 |
Operating expenses: | ' | ' |
Selling, general and administrative | 2,346,926 | 2,266,666 |
Depreciation and amortization | 10,595 | 14,092 |
2,357,521 | 2,280,758 | |
Income from operations | 375,128 | 505,971 |
Other income(expense): | ' | ' |
Early lease termination fee | ' | -82,548 |
Interest income | 6,437 | 9,425 |
6,437 | -73,123 | |
Income before income taxes | 381,565 | 432,848 |
Provision for income taxes | -1,446 | 11,155 |
Net Income | 383,011 | 421,693 |
Other comprehensive loss - foreign currency adjustment | -30,123 | -20,978 |
Comprehensive Income | $352,888 | $400,715 |
Basic and diluted net income per share (in Dollars per share) | $0.16 | $0.18 |
Dividend Per share (in Dollars per share) | $0.09 | ' |
Consolidated_Statements_of_Sha
Consolidated Statements of Shareholders' Equity (USD $) | Common Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Retained Earnings [Member] | Total |
Balance at Dec. 31, 2011 | $23,304 | $37,855,740 | ($25,932) | ($34,001,045) | $3,852,067 |
Balance (in Shares) at Dec. 31, 2011 | 2,330,438 | ' | ' | ' | ' |
Net Profit (Loss) | ' | ' | ' | 421,693 | 421,693 |
Foreign Exchange Translation | ' | ' | -20,978 | ' | -20,978 |
Balance at Dec. 31, 2012 | 23,304 | 37,855,740 | -46,910 | -33,579,352 | 4,252,782 |
Balance (in Shares) at Dec. 31, 2012 | 2,330,438 | ' | ' | ' | ' |
Net Profit (Loss) | ' | ' | ' | 383,011 | 383,011 |
Dividend Paid | ' | ' | ' | -209,740 | -209,740 |
Foreign Exchange Translation | ' | ' | -30,122 | ' | -30,123 |
Balance at Dec. 31, 2013 | $23,304 | $37,855,740 | ($77,032) | ($33,406,081) | $4,395,931 |
Balance (in Shares) at Dec. 31, 2013 | 2,330,438 | ' | ' | ' | ' |
Consolidated_Statement_of_Cash
Consolidated Statement of Cash Flows (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Cash flows from operating activities: | ' | ' |
Net income | $383,011 | $421,693 |
Adjustments to reconcile net income to net cash provided/(used) in operating activities: | ' | ' |
Depreciation and amortization | 10,595 | 14,092 |
Provision for doubtful accounts | -4,208 | -45,169 |
Gain on sale of Fixed Asset | -250 | -2,488 |
Changes in operating assets and liabilities: | ' | ' |
Accounts receivable | -885,740 | 453,234 |
Unbilled receivables | -121,636 | 24,918 |
Prepaid expenses and other assets | -16,877 | -47,245 |
Accounts payable and accrued expenses | -340,301 | 66,513 |
Security Deposits | -1,000,000 | ' |
Deposits | 21,512 | 42,641 |
Net cash (used in)/provided by operating activities | -1,953,894 | 928,189 |
Cash flows from investing activities: | ' | ' |
Purchase of property and equipment | -7,699 | -43,636 |
Net cash used in investing activities | -7,699 | -43,636 |
Cash flows from financing activities: | ' | ' |
Dividend Paid | -209,739 | ' |
Net cash used in financing activities | -209,739 | ' |
Effect of foreign currency exchange rate changes on cash and cash equivalents | -30,123 | -20,978 |
Net (decrease)/increase in cash and cash equivalents | -2,201,455 | 863,575 |
Cash and cash equivalents at beginning of period | 2,861,733 | 1,998,158 |
Cash and cash equivalents at end of period | 660,278 | 2,861,733 |
Supplemental disclosure of cash flow information: | ' | ' |
Cash paid during the period for income taxes - net of refunds | $5,701 | $5,936 |
Note_1_Significant_Accounting_
Note 1 - Significant Accounting Policies | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Accounting Policies [Abstract] | ' | ||||||||
Significant Accounting Policies [Text Block] | ' | ||||||||
1. SIGNIFICANT ACCOUNTING POLICIES | |||||||||
Description of Business and Basis of Presentation | |||||||||
Helios and Matheson Analytics Inc. (“Helios and Matheson” or the “Company”) was incorporated in the state of New York in February of 1983 and became a public company in August of 1997. In October of 2009, Helios and Matheson changed its state of incorporation from New York to Delaware. The Company is headquartered in New York, New York and has offices in New York and Bangalore, India. The Company provides a wide range of information technology (“IT”) consulting, custom application development and solutions and analytics services to Fortune 1000 companies and other large organizations. The Company supports all major computer technology platforms and supports client IT projects by using a broad range of third-party software applications. Effective as of May 3, 2013, the company changed its name from Helios and Matheson Information Technology Inc. to Helios and Matheson Analytics Inc. Management believes that the new name more accurately reflects its business and operations going forward, which have moved beyond IT. The Company now offers its clients an enhanced suite of services of predictive analytics with technology at its foundation enriched by data science. The Company is also developing long term opportunities both in the United States and globally through its association with Helios and Matheson Information Technology Ltd. (referred to herein as “Helios and Matheson Parent”), , an information technology services organization with corporate headquarters in Chennai, India and the owner of approximately 75% of the Company’s outstanding common stock. | |||||||||
Principles of Consolidation | |||||||||
The consolidated financial statements include the accounts of Helios and Matheson Analytics Inc. and its 100% owned subsidiary Helios and Matheson Global Services Private Limited (“HMGS”) from its date of acquisition on September 30, 2005. All material inter-company accounts and transactions have been eliminated. | |||||||||
Certain amounts reported in previous years have been reclassified to conform to the fiscal 2013 presentation. | |||||||||
Accounting Standards Codification | |||||||||
The Financial Accounting Standards Board (“FASB”) issued a standard known as the FASB Accounting Standards Codification (“ASC”), which became the source of authoritative accounting and reporting standards in the United States, in addition to guidance issued by the Securities and Exchange Commission (“SEC”). The ASC restructuring of accounting and reporting standards is designed to simplify user access to all authoritative U.S. Generally Accepted Accounting Principles (“GAAP”) by modifying the GAAP hierarchy to include only two levels of GAAP: authoritative and non-authoritative. The Company has adopted the disclosure and hierarchy requirements of this standard. | |||||||||
Accounting for Income Taxes | |||||||||
The Company adopted a FASB provision relating to Uncertainty in Income Taxes. As a result of the implementation, there has been no material change to the Company’s tax position as the Company has not paid any corporate income taxes due to carry-forward of operating losses. All tax benefits will likely not be recognized due to the substantial net operating loss carry-forwards. With no tax due for the foreseeable future, the Company has determined that a policy to determine the accounting for interest or penalties related to the payment of tax is not necessary at this time. | |||||||||
Deferred income tax assets and liabilities are determined based on differences between the financial statement reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws in effect when the differences are expected to reverse. The measurement of deferred income tax assets is reduced, if necessary, by a valuation allowance for any tax benefits, which are not expected to be realized. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in the period that such tax rate changes are enacted. | |||||||||
Comprehensive Income (Loss) | |||||||||
Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains and losses that are recorded as an element of shareholder’s equity but are excluded from net income (loss). The Company’s other comprehensive income (loss) is comprised of foreign currency translation adjustments. | |||||||||
Foreign Currency Translation | |||||||||
Assets and liabilities denominated in non-U.S. currencies are translated at the rate of exchange prevailing on the date of the consolidated balance sheet and revenues and expenses are translated at average rates of exchange for the period. Gains (losses) on translation of the consolidated financial statements are from the Company’s subsidiary where the functional currency is not the U.S. dollar. Translation gains (losses) are reflected as a component of accumulated other comprehensive income (loss). Gains (losses) on foreign currency transactions are included in the consolidated statements of Income. | |||||||||
Use of Estimates | |||||||||
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |||||||||
Going Concern | |||||||||
The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. At December 31, 2013, the Company had $660,278 of cash and cash equivalents on hand as compared to $2,861,733 of cash and cash equivalents at December 31, 2012. For the year ended December 31, 2013 the Company reported net income of $383,011 as compared to net income of $421,693 for the year ended December 31, 2012. The ability of the Company to continue as a going concern is dependent on the Company continuing to achieve profitable operations in the future. | |||||||||
Earnings Per Share | |||||||||
The Company calculates earnings per share as specified by the FASB. Basic earnings per share are calculated by dividing net earnings available to common shares by weighted average common shares outstanding. Diluted earnings per share is calculated similarly, except that it includes the dilutive effect of the assumed exercise of securities except when it is anti-dilutive, including the effect of shares issuable under the Company’s incentive plans. | |||||||||
Cash Equivalents | |||||||||
The Company considers all highly liquid financial instruments with original maturities of three months or less when purchased to be cash equivalents. | |||||||||
Fair Value of Financial Instruments | |||||||||
The carrying value of financial instruments (principally consisting of cash, cash equivalents and accounts receivable) approximates fair value because of their short maturities. | |||||||||
Property and Equipment | |||||||||
Property and equipment are depreciated using the straight-line method over the estimated useful lives of the assets, which range from three to ten years. | |||||||||
Long-Lived Assets | |||||||||
When impairment indicators are present, the Company reviews the carrying value of its assets in determining the ultimate recoverability of their unamortized values using analyses of future undiscounted cash flows expected to be generated by the assets. If such assets are considered impaired, the impairment recognized is measured by the amount by which the carrying amount of the asset exceeded its fair value. Assets to be disposed of are reported at the lower of the carrying amount or fair value, less cost to sell. | |||||||||
Revenue Recognition | |||||||||
Consulting revenues are recognized as services are provided. The Company primarily provides consulting services under time and material contracts, whereby revenue is recognized as hours and costs are incurred. Clients for consulting revenues are billed on a weekly or monthly basis. Revenues from fixed fee contracts are recorded when work is performed on the basis of the proportionate performance method, which is based on costs incurred to date relative to total estimated costs. Any anticipated contract losses are estimated and accrued at the time they become known and estimable. Revenues from RPO services are recorded when service is performed and placement of a candidate is accepted by the customer. Unbilled accounts receivables represent amounts recognized as revenue based on services performed in advance of customer billings, including RPO services where placement of a candidate is accepted by the customer and payment is assured. Revenue from sales of software licenses is recognized upon delivery of the software to a customer because future obligations associated with such revenue are insignificant. | |||||||||
Accounts Receivable and Allowance for Doubtful Accounts | |||||||||
Accounts receivable are stated at amounts due from clients, net of an allowance for doubtful accounts. The Company monitors its accounts receivable balances on a monthly basis to ensure that they are collectible. On a quarterly basis, the Company uses its historical experience to estimate its accounts receivable reserve. The Company’s allowance for doubtful accounts is an estimate based on specifically identified accounts as well as general reserves. The Company evaluates specific accounts where it has information that the client may have an inability to meet its financial obligations. In these cases, management uses its judgment, based on the best available facts and circumstances, and records a specific reserve for that client against amounts due to reduce the receivable to the amount that is expected to be collected. These specific reserves are reevaluated and adjusted as additional information is received that impacts the amount reserved. The Company also establishes a general reserve for all clients based on a range of percentages applied to aging categories. These percentages are based on historical collection and write-off experience. If circumstances change, the Company’s estimate of the recoverability of amounts due the Company could be reduced or increased by a material amount. Such a change in estimated recoverability would be accounted for in the period in which the facts that give rise to the change become known. | |||||||||
Segment Information | |||||||||
The disclosure of segment information is not required as the Company operates in only one business segment. | |||||||||
Stock-Based Compensation | |||||||||
No non-employee equity instruments were granted in 2013 or 2012. | |||||||||
At December 31, 2013, the Company has a stock based compensation plan, which is described as follows: | |||||||||
The Company adopted a stock option and award plan (the “Plan”) that provides for the grant of stock options that are either “incentive” or “non-qualified” for federal income tax purposes. The Plan provides for the issuance of a maximum of 184,000 shares of common stock (subject to adjustment pursuant to customary anti-dilution provisions). Stock options that have been issued from the plan vest over a period between one to four years. | |||||||||
The exercise price per share of a stock option is established by the Compensation Committee of the Board of Directors in its discretion, but may not be less than the fair market value of a share of common stock as of the date of grant. The aggregate fair market value of the shares of common stock with respect to which “incentive” stock options first become exercisable by an individual to whom an “incentive” stock option is granted during any calendar year may not exceed $100,000. | |||||||||
Stock options, subject to certain restrictions, may be exercisable any time after vesting for a period not to exceed ten years from the date of grant. Such period is to be established by the Company in its discretion on the date of grant. Stock options terminate in connection with the termination of employment. | |||||||||
The Company uses the fair value method as specified by the FASB whereby compensation cost is recognized over the remaining service period based on the grant-date fair value of those awards as calculated for pro forma disclosures as originally issued. For the three and twelve months ended December 31, 2013 and December 31, 2012 the Company recorded stock based compensation expense of $0. | |||||||||
The fair value of options at the date of grant was estimated using the Black-Scholes model with the following assumptions: | |||||||||
2013 | 2012 | ||||||||
Expected life (years) | 4 | 4 | |||||||
Risk free interest rate | 0.96 | % | 0.53 | % | |||||
Expected volatility | 0.84 | 1.03 | |||||||
Weighted average fair value per option | $ | 0 | $ | 0 | (1) | ||||
(1) There were no options granted by the Company for the 12 months ended Decmber 31, 2013 and 2012. |
Note_2_Net_Income_Loss_Per_Sha
Note 2 - Net Income (Loss) Per Share | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Earnings Per Share [Text Block] | ' | ||||||||
2. NET INCOME PER SHARE | |||||||||
The following table sets forth the computation of basic and diluted net income per share for the years ended December 31, 2013 and 2012. | |||||||||
Year Ended December 31, | |||||||||
2013 | 2012 | ||||||||
Numerator for basic net income per share | |||||||||
Net income | $ | 383,011 | $ | 421,693 | |||||
Net income available to common stockholders | $ | 383,011 | $ | 421,693 | |||||
Numerator for diluted net income per share | |||||||||
Net income available to common stockholders & assumed conversion | $ | 383,011 | $ | 421,693 | |||||
Denominator: | |||||||||
Denominator for basic and diluted loss per share - weighted-average shares | 2,330,438 | 2,330,438 | |||||||
Basic and diluted income per share: | |||||||||
Net income per share | $ | 0.16 | $ | 0.18 | |||||
All options and warrants outstanding during 2013 and 2012 were not included in the computation of net income per share because the options were either not outstanding or the options were not exercisable based on current market conditions. |
Note_3_Property_and_Equipment
Note 3 - Property and Equipment | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||
Property, Plant and Equipment Disclosure [Text Block] | ' | ||||||||
3. PROPERTY AND EQUIPMENT | |||||||||
Property and equipment, at cost, consists of the following: | |||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Equipment and leaseholds | $ | 120,192 | $ | 121,036 | |||||
Software | 167,337 | 167,337 | |||||||
Furniture and fixtures | 34,186 | 34,186 | |||||||
321,715 | 322,559 | ||||||||
Less accumulated depreciation and amortization | 271,644 | 269,842 | |||||||
$ | 50,071 | $ | 52,717 | ||||||
Note_4_Contractual_Obligations
Note 4 - Contractual Obligations and Commitments | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||
Commitments Disclosure [Text Block] | ' | ||||||||||||||||||||
4. CONTRACTUAL OBLIGATIONS AND COMMITMENTS | |||||||||||||||||||||
The Company has the following commitment as of December 31, 2013: operating lease obligations. The Company has one operating lease for its corporate headquarters located in New York. As of December 31, 2013, the Company does not have any “Off Balance Sheet Arrangements”. | |||||||||||||||||||||
The Company’s contractual obligations at December 31, 2013, are comprised of the following: | |||||||||||||||||||||
Contractual Obligations | Payments Due by Period | ||||||||||||||||||||
Total | Less Than 1 Year | 1 - 3 Years | 3 - 5 Years | More Than 5 Years | |||||||||||||||||
Operating Lease Obligations | |||||||||||||||||||||
Rent (1) | 523,467 | 157,040 | 314,080 | 52,347 | - | ||||||||||||||||
Total | $ | 523,467 | $ | 157,040 | $ | 314,080 | $ | 52,347 | $ | - | |||||||||||
-1 | The Company has a New York facility with a lease at Empire State Building with a term expiring April 30, 2017 and requiring annual payments of $157,032 during 2014. | ||||||||||||||||||||
Note_5_Accounts_Payable_and_Ac
Note 5 - Accounts Payable and Accrued Expenses | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Payables and Accruals [Abstract] | ' | ||||||||
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | ' | ||||||||
5. ACCOUNTS PAYABLE AND ACCRUED EXPENSES | |||||||||
Accounts payable and accrued expenses consist of the following: | |||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Accounts payable and other accrued expenses | $ | 56,056 | $ | 369,845 | |||||
Payroll | 774,892 | 801,404 | |||||||
$ | 830,948 | $ | 1,171,249 | ||||||
Note_6_Income_Taxes
Note 6 - Income Taxes | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||
Income Tax Disclosure [Text Block] | ' | ||||||||
6. INCOME TAXES | |||||||||
The Company accounts for income taxes using the liability method. | |||||||||
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. | |||||||||
Deferred tax assets and (liabilities) consist of the following: | |||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Licensing revenues | $ | (14,000 | ) | $ | (6,000 | ) | |||
Accounts receivable reserve | 34,000 | 36,000 | |||||||
Depreciation and amortization | 261,000 | 263,000 | |||||||
Investments | 928,000 | 928,000 | |||||||
Other | 201,000 | 209,000 | |||||||
Net operating losses | 5,106,000 | 5,738,000 | |||||||
6,516,000 | 7,168,000 | ||||||||
Valuation allowance | (6,516,000 | ) | (7,168,000 | ) | |||||
$ | - | $ | - | ||||||
Internal Revenue Code Section 382 places a limitation on the utilization of Federal net operating loss and other credit carry-forwards when an ownership change, as defined by the tax law, occurs. Generally, this occurs when a greater than 50 percentage point change in ownership occurs. On September 5, 2006, Helios and Matheson Parent acquired a greater than 50 percent ownership of the Company. Accordingly, the actual utilization of the net operating loss carry-forwards for tax purposes are limited annually under Code Section 382 to a percentage (currently about four and a half percent) of the fair market value of the Company at the date of this ownership change. | |||||||||
At December 31, 2013, the Company has federal net operating loss carry-forwards of approximately $14.7 million, which will begin to expire in 2020. The New Jersey net operating loss carry-forwards of approximately $1.7 million will begin to expire in 2020. The full utilization of the deferred tax assets in the future is dependent upon the Company’s ability to generate taxable income; accordingly, a valuation allowance of an equal amount has been established. During the years ended December 31, 2013 and 2012, the valuation allowance decreased and increased by approximately ($652,000) and $241,000, respectively. | |||||||||
Significant components of the provision for income taxes are as follows: | |||||||||
Year Ended December 31, | |||||||||
2013 | 2012 | ||||||||
Current: | |||||||||
Federal | $ | - | $ | - | |||||
State and local | (1,446 | ) | 11,155 | ||||||
Total Current | $ | (1,446 | ) | $ | 11,155 | ||||
Deferred: | |||||||||
Federal | - | - | |||||||
State and local | - | - | |||||||
Total Deferred | - | - | |||||||
Total | $ | (1,446 | ) | $ | 11,155 | ||||
A reconciliation between the federal statutory rate and the effective income tax rate for the years ended December 31, 2013 and 2012 is as follows: | |||||||||
2013 | 2012 | ||||||||
Federal statutory rate | 34 | % | 34 | % | |||||
State and local taxes net of federal tax benefit | (0.3 | ) | 1.7 | ||||||
Non-deductible expenses | (2.0 | ) | (2.3 | ) | |||||
Provision to return adjustments | - | - | |||||||
Change in valuation allowance | (32.1 | ) | (30.8 | ) | |||||
Total | (0.4 | )% | 2.6 | % | |||||
Note_7_Retirement_Plan
Note 7 - Retirement Plan | 12 Months Ended |
Dec. 31, 2013 | |
Compensation and Retirement Disclosure [Abstract] | ' |
Pension and Other Postretirement Benefits Disclosure [Text Block] | ' |
7. RETIREMENT PLAN | |
The Company sponsors a defined contribution plan under Section 401(k) of the Internal Revenue Code for its employees. Participants can make elective contributions subject to certain limitations. Under the plan, the Company can make matching contributions on behalf of all participants. There were no such contributions made by the Company in 2013 and 2012. |
Note_8_Concentration_of_Credit
Note 8 - Concentration of Credit Risk | 12 Months Ended |
Dec. 31, 2013 | |
Risks and Uncertainties [Abstract] | ' |
Concentration Risk Disclosure [Text Block] | ' |
8. CONCENTRATION OF CREDIT RISK | |
Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and accounts receivable. The Company maintains its cash balances on deposit with a limited number of financial institutions in amounts which may exceed federally insured limits. Historically, the Company has not experienced any related cash-in-bank losses. For the twelve months ended December 31, 2013 and December 31, 2012, each year the Company had three clients which accounted for 88% of revenues. No other client represented greater than 10% of the Company’s revenues for such periods. The three clients represented approximately 85.18% of accounts receivable as of December 31, 2013. Three clients represented approximately 85.73% of accounts receivable as of December 31, 2012. |
Note_9_Leases
Note 9 - Leases | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Leases [Abstract] | ' | |||
Leases of Lessee Disclosure [Text Block] | ' | |||
9. LEASES | ||||
The Company leases office space under a non-cancelable operating lease. The future minimum payments for all non-cancelable operating leases as of December 31, 2013 are as follows: | ||||
2014 | 157,040 | |||
2015 | 157,040 | |||
2016 | 157,040 | |||
2017 | 52,347 | |||
Total minimum future lease payments | $ | 523,467 | (1) | |
(1) The Company has a New York facility with a lease term expiring April 30, 2017. | ||||
Office leases are subject to escalations based on increases in real estate taxes and operating expenses, all of which are charged to rent expense. Rent expense for the years ended December 31, 2013 and 2012 was approximately $224,629 and $237,316, respectively. |
Note_10_Stock_Option_Plan
Note 10 - Stock Option Plan | 12 Months Ended | ||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||||
10. STOCK OPTION PLAN | |||||||||||||||||||
The Company adopted a Stock Option Plan (the “Plan”) that provides for the grant of stock options that are either “incentive” or “non-qualified” for federal income tax purposes. The Plan provides for the issuance of a maximum of 184,000 shares of common stock (subject to adjustment pursuant to customary anti-dilution provisions). Stock options that have been issued from the plan vest over a period between one to four years. | |||||||||||||||||||
The exercise price per share of a stock option is established by the Compensation Committee of the Board of Directors in its discretion, but may not be less than the fair market value of a share of common stock as of the date of grant. The aggregate fair market value of the shares of common stock with respect to which “incentive” stock options first become exercisable by an individual to whom an “incentive” stock option is granted during any calendar year may not exceed $100,000. | |||||||||||||||||||
Stock options, subject to certain restrictions, may be exercisable any time after vesting for a period not to exceed ten years from the date of grant. Such period is to be established by the Compensation Committee in its discretion on the date of grant. Stock options terminate in connection with the termination of employment. | |||||||||||||||||||
Information with respect to options under the Company’s Plan is as follows: | |||||||||||||||||||
Number of Shares | Weighted | ||||||||||||||||||
Average | |||||||||||||||||||
Exercise Price | |||||||||||||||||||
Balance - December 31, 2011 | 8,000 | 14.55 | |||||||||||||||||
Granted during 2012 | - | - | |||||||||||||||||
Exercised during 2012 | - | - | |||||||||||||||||
Forfeitures during 2012 | (8,000 | ) | 14.55 | ||||||||||||||||
Balance - December 31, 2012 | - | - | |||||||||||||||||
Granted during 2013 | - | - | |||||||||||||||||
Exercised during 2013 | - | - | |||||||||||||||||
Forfeitures during 2013 | - | - | |||||||||||||||||
Balance - December 31, 2013 | - | - | |||||||||||||||||
No stock options were granted during the twelve months ended December 31, 2013. No stock options were exercisable at December 31, 2013 and at December 31, 2012. | |||||||||||||||||||
The following table summarizes the status of the stock options outstanding and exercisable at December 31, 2013: | |||||||||||||||||||
Stock Options Outstanding | |||||||||||||||||||
Exercise Price Range | Weighted Average Exercise Price | Number of Options | Weighted-Remaining Contractual Life (years) | Number of Stock Options Exercisable | |||||||||||||||
$12.00 | - | 24 | $ | 0 | 0 | 0 | 0 | ||||||||||||
0 | 0 | ||||||||||||||||||
At December 31, 2013, the Company had no shares of common stock reserved in connection with the Stock Option Plan. |
Note_11_Quarterly_Results_Unau
Note 11 - Quarterly Results (Unaudited) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||
Quarterly Financial Information [Text Block] | ' | ||||||||||||||||
11. QUARTERLY RESULTS (UNAUDITED) | |||||||||||||||||
The following is a summary of the quarterly results of operations for the years ended December 31, 2013 and 2012: | |||||||||||||||||
Quarter Ended | |||||||||||||||||
(in thousands, except per share amounts) | 31-Mar-13 | 30-Jun-13 | 30-Sep-13 | 31-Dec-13 | |||||||||||||
Revenues | $ | 3,203 | $ | 3,440 | $ | 3,416 | $ | 3,232 | |||||||||
Gross profit | 674 | 788 | 669 | 601 | |||||||||||||
Income from operations | 103 | 110 | 94 | 68 | |||||||||||||
Net income | 101 | 108 | 105 | 70 | |||||||||||||
Net income per share | |||||||||||||||||
Basic and diluted income per share | $ | 0.04 | $ | 0.05 | $ | 0.05 | $ | 0.03 | |||||||||
Quarter Ended | |||||||||||||||||
(in thousands, except per share amounts) | 31-Mar-12 | 30-Jun-12 | 30-Sep-12 | 31-Dec-12 | |||||||||||||
Revenues | $ | 2,679 | $ | 2,960 | $ | 3,404 | $ | 3,325 | |||||||||
Gross profit | 640 | 701 | 750 | 695 | |||||||||||||
Income from operations | 102 | 102 | 146 | 156 | |||||||||||||
Net income | 14 | 101 | 143 | 164 | |||||||||||||
Net income per share | |||||||||||||||||
Basic and diluted income per share | $ | 0.01 | $ | 0.04 | $ | 0.06 | $ | 0.07 | |||||||||
Note_12_Transactions_With_Rela
Note 12 - Transactions With Related Party | 12 Months Ended |
Dec. 31, 2013 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
12 . TRANSACTIONS WITH RELATED PARTY | |
In September 2010, the Company entered into a Memorandum of Understanding with Helios and Matheson Parent (the “HMIT MOU”) pursuant to which Helios and Matheson Parent has agreed to make available to the Company facilities of dedicated Off-shore Development Centers (“ODCs”) and also render services by way of support in technology, client engagement, management and operating the ODCs for the Company. The Company has furnished Helios and Matheson Parent a security Deposit of $2 million, classified as a non-current asset on the balance sheet, to cover any expenses, claims or damages that Helios and Matheson Parent may incur while discharging its obligation under the HMIT MOU and also to cover Company’s payable to Helios and Matheson Parent. Helios and Matheson Parent has been providing recruitment services to Helios and Matheson Analytics Inc. and has not charged a fee for these services. For the purpose of strengthening our client relationships, Helios and Matheson Parent also provides knowledge transition free of cost to clients and volume/business commitment based discounts. The investment made by Helios and Matheson Parent in this regard during the twelve months ended December 31, 2013 is approximately $123,695. The amount payable to Helios and Matheson Parent for services rendered under the HMIT MOU was $392,808 and $430,722 for the twelve months ended December 31, 2013 and 2012, respectively and is included as a component of cost of revenue. All payments to Helios and Matheson Parent under the MOU are made after collections are received from clients. The amount paid to Helios and Matheson Parent for services rendered under the HMIT MOU was $283,645 and $308,778 for the twelve months ended December 31, 2013 and 2012, respectively. During the twelve months ending December 31, 2013, the Company paid an amount of $182,626 on behalf of the Helios and Matheson parent. As at December 31, 2013, the amount paid on behalf of Helios and Matheson parent is reported as an offset of accounts payable to Helios and Matheson Parent. |
Note_13_Legal_Proceedings
Note 13 - Legal Proceedings | 12 Months Ended |
Dec. 31, 2013 | |
Disclosure Text Block Supplement [Abstract] | ' |
Legal Matters and Contingencies [Text Block] | ' |
13. LEGAL PROCEEDINGS | |
During 2011, Rosen and Associates, P.C. asked for a payment of $23,680 for services it allegedly performed for the Company. The Company did not execute any agreement for performance of services with Rosen and Associates, P.C. On August 5, 2013 Rosen and Associates, P.C. filed a claim seeking payment for the services it allegedly performed. The Company has filed a counter and a hearing is scheduled on March 24, 2014. |
Note_14_Subsequent_Events
Note 14 - Subsequent Events | 12 Months Ended | ||
Dec. 31, 2013 | |||
Subsequent Events [Abstract] | ' | ||
Subsequent Events [Text Block] | ' | ||
14. SUBSEQUENT EVENTS | |||
Management completed an analysis of all subsequent events occurring after December 31, 2013, the balance sheet date, through March 3, 2014, the date upon which the year-end consolidated financial statements were issued, and determined the following disclosures to be necessary or appropriate: | |||
● | Dividend: The Company’s Board of Directors declared a dividend of $0.08 per share of the Company's common stock amounting to a payout of approximately $187,000. The dividend is payable on March 5, 2014 to shareholders of record on February 18, 2014. | ||
Schedule_II_Valuation_and_Qual
Schedule II - Valuation and Qualifying Accounts | 12 Months Ended | |||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||
Valuation and Qualifying Accounts [Abstract] | ' | |||||||||||||||||||||
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | ' | |||||||||||||||||||||
Schedule II – Valuation and Qualifying Accounts | ||||||||||||||||||||||
Balance at | Charged to | Charged to | ||||||||||||||||||||
Beginning of | Costs and | Other Accounts | Deductions - | Balances at | ||||||||||||||||||
Description | Period | Expenses | Describe | Describe | End of Period | |||||||||||||||||
Reserves and allowances deducted from asset accounts: | ||||||||||||||||||||||
For the year ended December 31, 2013 | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 32,421 | $ | (4,208 | ) | $ | - | $ | - | $ | 28,213 | |||||||||||
For the year ended December 31, 2012 | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 77,590 | $ | (21,761 | ) | $ | (23,408 | ) | (a) | $ | - | $ | 32,421 | |||||||||
For the year ended December 31, 2011 | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 212,624 | $ | (135,034 | ) | $ | - | $ | - | $ | 77,590 | |||||||||||
(a) Uncollectible accounts charged off against specific accruals during 2012 |
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Accounting Policies [Abstract] | ' | ||||||||
Basis of Accounting, Policy [Policy Text Block] | ' | ||||||||
Description of Business and Basis of Presentation | |||||||||
Helios and Matheson Analytics Inc. (“Helios and Matheson” or the “Company”) was incorporated in the state of New York in February of 1983 and became a public company in August of 1997. In October of 2009, Helios and Matheson changed its state of incorporation from New York to Delaware. The Company is headquartered in New York, New York and has offices in New York and Bangalore, India. The Company provides a wide range of information technology (“IT”) consulting, custom application development and solutions and analytics services to Fortune 1000 companies and other large organizations. The Company supports all major computer technology platforms and supports client IT projects by using a broad range of third-party software applications. | |||||||||
Consolidation, Policy [Policy Text Block] | ' | ||||||||
Principles of Consolidation | |||||||||
The consolidated financial statements include the accounts of Helios and Matheson Analytics Inc. and its 100% owned subsidiary Helios and Matheson Global Services Private Limited (“HMGS”) from its date of acquisition on September 30, 2005. All material inter-company accounts and transactions have been eliminated. | |||||||||
Certain amounts reported in previous years have been reclassified to conform to the fiscal 2013 presentation. | |||||||||
New Accounting Pronouncements, Policy [Policy Text Block] | ' | ||||||||
Accounting Standards Codification | |||||||||
The Financial Accounting Standards Board (“FASB”) issued a standard known as the FASB Accounting Standards Codification (“ASC”), which became the source of authoritative accounting and reporting standards in the United States, in addition to guidance issued by the Securities and Exchange Commission (“SEC”). The ASC restructuring of accounting and reporting standards is designed to simplify user access to all authoritative U.S. Generally Accepted Accounting Principles (“GAAP”) by modifying the GAAP hierarchy to include only two levels of GAAP: authoritative and non-authoritative. The Company has adopted the disclosure and hierarchy requirements of this standard. | |||||||||
Income Tax, Policy [Policy Text Block] | ' | ||||||||
Accounting for Income Taxes | |||||||||
The Company adopted a FASB provision relating to Uncertainty in Income Taxes. As a result of the implementation, there has been no material change to the Company’s tax position as the Company has not paid any corporate income taxes due to carry-forward of operating losses. All tax benefits will likely not be recognized due to the substantial net operating loss carry-forwards. With no tax due for the foreseeable future, the Company has determined that a policy to determine the accounting for interest or penalties related to the payment of tax is not necessary at this time. | |||||||||
Deferred income tax assets and liabilities are determined based on differences between the financial statement reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws in effect when the differences are expected to reverse. The measurement of deferred income tax assets is reduced, if necessary, by a valuation allowance for any tax benefits, which are not expected to be realized. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in the period that such tax rate changes are enacted. | |||||||||
Comprehensive Income, Policy [Policy Text Block] | ' | ||||||||
Comprehensive Income (Loss) | |||||||||
Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains and losses that are recorded as an element of shareholder’s equity but are excluded from net income (loss). The Company’s other comprehensive income (loss) is comprised of foreign currency translation adjustments. | |||||||||
Foreign Currency Transactions and Translations Policy [Policy Text Block] | ' | ||||||||
Foreign Currency Translation | |||||||||
Assets and liabilities denominated in non-U.S. currencies are translated at the rate of exchange prevailing on the date of the consolidated balance sheet and revenues and expenses are translated at average rates of exchange for the period. Gains (losses) on translation of the consolidated financial statements are from the Company’s subsidiary where the functional currency is not the U.S. dollar. Translation gains (losses) are reflected as a component of accumulated other comprehensive income (loss). Gains (losses) on foreign currency transactions are included in the consolidated statements of Income. | |||||||||
Use of Estimates, Policy [Policy Text Block] | ' | ||||||||
Use of Estimates | |||||||||
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |||||||||
Liquidity Disclosure [Policy Text Block] | ' | ||||||||
Going Concern | |||||||||
The Company’s financial statements have been presented on the basis that it is a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. At December 31, 2013, the Company had $660,278 of cash and cash equivalents on hand as compared to $2,861,733 of cash and cash equivalents at December 31, 2012. For the year ended December 31, 2013 the Company reported net income of $383,011 as compared to net income of $421,693 for the year ended December 31, 2012. The ability of the Company to continue as a going concern is dependent on the Company continuing to achieve profitable operations in the future. | |||||||||
Earnings Per Share, Policy [Policy Text Block] | ' | ||||||||
Earnings Per Share | |||||||||
The Company calculates earnings per share as specified by the FASB. Basic earnings per share are calculated by dividing net earnings available to common shares by weighted average common shares outstanding. Diluted earnings per share is calculated similarly, except that it includes the dilutive effect of the assumed exercise of securities except when it is anti-dilutive, including the effect of shares issuable under the Company’s incentive plans. | |||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | ' | ||||||||
Cash Equivalents | |||||||||
The Company considers all highly liquid financial instruments with original maturities of three months or less when purchased to be cash equivalents. | |||||||||
Fair Value of Financial Instruments, Policy [Policy Text Block] | ' | ||||||||
Fair Value of Financial Instruments | |||||||||
The carrying value of financial instruments (principally consisting of cash, cash equivalents and accounts receivable) approximates fair value because of their short maturities. | |||||||||
Property, Plant and Equipment, Policy [Policy Text Block] | ' | ||||||||
Property and Equipment | |||||||||
Property and equipment are depreciated using the straight-line method over the estimated useful lives of the assets, which range from three to ten years. | |||||||||
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | ' | ||||||||
Long-Lived Assets | |||||||||
When impairment indicators are present, the Company reviews the carrying value of its assets in determining the ultimate recoverability of their unamortized values using analyses of future undiscounted cash flows expected to be generated by the assets. If such assets are considered impaired, the impairment recognized is measured by the amount by which the carrying amount of the asset exceeded its fair value. Assets to be disposed of are reported at the lower of the carrying amount or fair value, less cost to sell. | |||||||||
Revenue Recognition, Policy [Policy Text Block] | ' | ||||||||
Revenue Recognition | |||||||||
Consulting revenues are recognized as services are provided. The Company primarily provides consulting services under time and material contracts, whereby revenue is recognized as hours and costs are incurred. Clients for consulting revenues are billed on a weekly or monthly basis. Revenues from fixed fee contracts are recorded when work is performed on the basis of the proportionate performance method, which is based on costs incurred to date relative to total estimated costs. Any anticipated contract losses are estimated and accrued at the time they become known and estimable. Revenues from RPO services are recorded when service is performed and placement of a candidate is accepted by the customer. Unbilled accounts receivables represent amounts recognized as revenue based on services performed in advance of customer billings, including RPO services where placement of a candidate is accepted by the customer and payment is assured. Revenue from sales of software licenses is recognized upon delivery of the software to a customer because future obligations associated with such revenue are insignificant. | |||||||||
Trade and Other Accounts Receivable, Policy [Policy Text Block] | ' | ||||||||
Accounts Receivable and Allowance for Doubtful Accounts | |||||||||
Accounts receivable are stated at amounts due from clients, net of an allowance for doubtful accounts. The Company monitors its accounts receivable balances on a monthly basis to ensure that they are collectible. On a quarterly basis, the Company uses its historical experience to estimate its accounts receivable reserve. The Company’s allowance for doubtful accounts is an estimate based on specifically identified accounts as well as general reserves. The Company evaluates specific accounts where it has information that the client may have an inability to meet its financial obligations. In these cases, management uses its judgment, based on the best available facts and circumstances, and records a specific reserve for that client against amounts due to reduce the receivable to the amount that is expected to be collected. These specific reserves are reevaluated and adjusted as additional information is received that impacts the amount reserved. The Company also establishes a general reserve for all clients based on a range of percentages applied to aging categories. These percentages are based on historical collection and write-off experience. If circumstances change, the Company’s estimate of the recoverability of amounts due the Company could be reduced or increased by a material amount. Such a change in estimated recoverability would be accounted for in the period in which the facts that give rise to the change become known. | |||||||||
Segment Reporting, Policy [Policy Text Block] | ' | ||||||||
Segment Information | |||||||||
The disclosure of segment information is not required as the Company operates in only one business segment. | |||||||||
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | ' | ||||||||
Stock-Based Compensation | |||||||||
No non-employee equity instruments were granted in 2013 or 2012. | |||||||||
At December 31, 2013, the Company has a stock based compensation plan, which is described as follows: | |||||||||
The Company adopted a stock option and award plan (the “Plan”) that provides for the grant of stock options that are either “incentive” or “non-qualified” for federal income tax purposes. The Plan provides for the issuance of a maximum of 184,000 shares of common stock (subject to adjustment pursuant to customary anti-dilution provisions). Stock options that have been issued from the plan vest over a period between one to four years. | |||||||||
The exercise price per share of a stock option is established by the Compensation Committee of the Board of Directors in its discretion, but may not be less than the fair market value of a share of common stock as of the date of grant. The aggregate fair market value of the shares of common stock with respect to which “incentive” stock options first become exercisable by an individual to whom an “incentive” stock option is granted during any calendar year may not exceed $100,000. | |||||||||
Stock options, subject to certain restrictions, may be exercisable any time after vesting for a period not to exceed ten years from the date of grant. Such period is to be established by the Company in its discretion on the date of grant. Stock options terminate in connection with the termination of employment. | |||||||||
The Company uses the fair value method as specified by the FASB whereby compensation cost is recognized over the remaining service period based on the grant-date fair value of those awards as calculated for pro forma disclosures as originally issued. For the three and twelve months ended December 31, 2013 and December 31, 2012 the Company recorded stock based compensation expense of $0. | |||||||||
The fair value of options at the date of grant was estimated using the Black-Scholes model with the following assumptions: | |||||||||
2013 | 2012 | ||||||||
Expected life (years) | 4 | 4 | |||||||
Risk free interest rate | 0.96 | % | 0.53 | % | |||||
Expected volatility | 0.84 | 1.03 | |||||||
Weighted average fair value per option | $ | 0 | $ | 0 | (1) | ||||
(1) There were no options granted by the Company for the 12 months ended Decmber 31, 2013 and 2012. |
Note_1_Significant_Accounting_1
Note 1 - Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Accounting Policies [Abstract] | ' | ||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | ' | ||||||||
2013 | 2012 | ||||||||
Expected life (years) | 4 | 4 | |||||||
Risk free interest rate | 0.96 | % | 0.53 | % | |||||
Expected volatility | 0.84 | 1.03 | |||||||
Weighted average fair value per option | $ | 0 | $ | 0 | (1) |
Note_2_Net_Income_Loss_Per_Sha1
Note 2 - Net Income (Loss) Per Share (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||
Year Ended December 31, | |||||||||
2013 | 2012 | ||||||||
Numerator for basic net income per share | |||||||||
Net income | $ | 383,011 | $ | 421,693 | |||||
Net income available to common stockholders | $ | 383,011 | $ | 421,693 | |||||
Numerator for diluted net income per share | |||||||||
Net income available to common stockholders & assumed conversion | $ | 383,011 | $ | 421,693 | |||||
Denominator: | |||||||||
Denominator for basic and diluted loss per share - weighted-average shares | 2,330,438 | 2,330,438 | |||||||
Basic and diluted income per share: | |||||||||
Net income per share | $ | 0.16 | $ | 0.18 |
Note_3_Property_and_Equipment_
Note 3 - Property and Equipment (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Property, Plant and Equipment [Abstract] | ' | ||||||||
Property, Plant and Equipment [Table Text Block] | ' | ||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Equipment and leaseholds | $ | 120,192 | $ | 121,036 | |||||
Software | 167,337 | 167,337 | |||||||
Furniture and fixtures | 34,186 | 34,186 | |||||||
321,715 | 322,559 | ||||||||
Less accumulated depreciation and amortization | 271,644 | 269,842 | |||||||
$ | 50,071 | $ | 52,717 |
Note_4_Contractual_Obligations1
Note 4 - Contractual Obligations and Commitments (Tables) | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block] | ' | ||||||||||||||||||||
Contractual Obligations | Payments Due by Period | ||||||||||||||||||||
Total | Less Than 1 Year | 1 - 3 Years | 3 - 5 Years | More Than 5 Years | |||||||||||||||||
Operating Lease Obligations | |||||||||||||||||||||
Rent (1) | 523,467 | 157,040 | 314,080 | 52,347 | - | ||||||||||||||||
Total | $ | 523,467 | $ | 157,040 | $ | 314,080 | $ | 52,347 | $ | - |
Note_5_Accounts_Payable_and_Ac1
Note 5 - Accounts Payable and Accrued Expenses (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Payables and Accruals [Abstract] | ' | ||||||||
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] | ' | ||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Accounts payable and other accrued expenses | $ | 56,056 | $ | 369,845 | |||||
Payroll | 774,892 | 801,404 | |||||||
$ | 830,948 | $ | 1,171,249 |
Note_6_Income_Taxes_Tables
Note 6 - Income Taxes (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2013 | |||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | ||||||||
December 31, | |||||||||
2013 | 2012 | ||||||||
Licensing revenues | $ | (14,000 | ) | $ | (6,000 | ) | |||
Accounts receivable reserve | 34,000 | 36,000 | |||||||
Depreciation and amortization | 261,000 | 263,000 | |||||||
Investments | 928,000 | 928,000 | |||||||
Other | 201,000 | 209,000 | |||||||
Net operating losses | 5,106,000 | 5,738,000 | |||||||
6,516,000 | 7,168,000 | ||||||||
Valuation allowance | (6,516,000 | ) | (7,168,000 | ) | |||||
$ | - | $ | - | ||||||
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | ' | ||||||||
Year Ended December 31, | |||||||||
2013 | 2012 | ||||||||
Current: | |||||||||
Federal | $ | - | $ | - | |||||
State and local | (1,446 | ) | 11,155 | ||||||
Total Current | $ | (1,446 | ) | $ | 11,155 | ||||
Deferred: | |||||||||
Federal | - | - | |||||||
State and local | - | - | |||||||
Total Deferred | - | - | |||||||
Total | $ | (1,446 | ) | $ | 11,155 | ||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | ||||||||
2013 | 2012 | ||||||||
Federal statutory rate | 34 | % | 34 | % | |||||
State and local taxes net of federal tax benefit | (0.3 | ) | 1.7 | ||||||
Non-deductible expenses | (2.0 | ) | (2.3 | ) | |||||
Provision to return adjustments | - | - | |||||||
Change in valuation allowance | (32.1 | ) | (30.8 | ) | |||||
Total | (0.4 | )% | 2.6 | % |
Note_9_Leases_Tables
Note 9 - Leases (Tables) | 12 Months Ended | |||
Dec. 31, 2013 | ||||
Leases [Abstract] | ' | |||
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | ' | |||
2014 | 157,040 | |||
2015 | 157,040 | |||
2016 | 157,040 | |||
2017 | 52,347 | |||
Total minimum future lease payments | $ | 523,467 | (1) |
Note_10_Stock_Option_Plan_Tabl
Note 10 - Stock Option Plan (Tables) | 12 Months Ended | ||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ||||||||||||||||||
Number of Shares | Weighted | ||||||||||||||||||
Average | |||||||||||||||||||
Exercise Price | |||||||||||||||||||
Balance - December 31, 2011 | 8,000 | 14.55 | |||||||||||||||||
Granted during 2012 | - | - | |||||||||||||||||
Exercised during 2012 | - | - | |||||||||||||||||
Forfeitures during 2012 | (8,000 | ) | 14.55 | ||||||||||||||||
Balance - December 31, 2012 | - | - | |||||||||||||||||
Granted during 2013 | - | - | |||||||||||||||||
Exercised during 2013 | - | - | |||||||||||||||||
Forfeitures during 2013 | - | - | |||||||||||||||||
Balance - December 31, 2013 | - | - | |||||||||||||||||
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | ' | ||||||||||||||||||
Stock Options Outstanding | |||||||||||||||||||
Exercise Price Range | Weighted Average Exercise Price | Number of Options | Weighted-Remaining Contractual Life (years) | Number of Stock Options Exercisable | |||||||||||||||
$12.00 | - | 24 | $ | 0 | 0 | 0 | 0 | ||||||||||||
0 | 0 |
Note_11_Quarterly_Results_Unau1
Note 11 - Quarterly Results (Unaudited) (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Quarterly Financial Information Disclosure [Abstract] | ' | ||||||||||||||||
Schedule of Quarterly Financial Information [Table Text Block] | ' | ||||||||||||||||
Quarter Ended | |||||||||||||||||
(in thousands, except per share amounts) | 31-Mar-13 | 30-Jun-13 | 30-Sep-13 | 31-Dec-13 | |||||||||||||
Revenues | $ | 3,203 | $ | 3,440 | $ | 3,416 | $ | 3,232 | |||||||||
Gross profit | 674 | 788 | 669 | 601 | |||||||||||||
Income from operations | 103 | 110 | 94 | 68 | |||||||||||||
Net income | 101 | 108 | 105 | 70 | |||||||||||||
Net income per share | |||||||||||||||||
Basic and diluted income per share | $ | 0.04 | $ | 0.05 | $ | 0.05 | $ | 0.03 | |||||||||
Quarter Ended | |||||||||||||||||
(in thousands, except per share amounts) | 31-Mar-12 | 30-Jun-12 | 30-Sep-12 | 31-Dec-12 | |||||||||||||
Revenues | $ | 2,679 | $ | 2,960 | $ | 3,404 | $ | 3,325 | |||||||||
Gross profit | 640 | 701 | 750 | 695 | |||||||||||||
Income from operations | 102 | 102 | 146 | 156 | |||||||||||||
Net income | 14 | 101 | 143 | 164 | |||||||||||||
Net income per share | |||||||||||||||||
Basic and diluted income per share | $ | 0.01 | $ | 0.04 | $ | 0.06 | $ | 0.07 |
Schedule_II_Valuation_and_Qual1
Schedule II - Valuation and Qualifying Accounts (Tables) | 12 Months Ended | |||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||
Valuation and Qualifying Accounts [Abstract] | ' | |||||||||||||||||||||
Summary of Valuation Allowance [Table Text Block] | ' | |||||||||||||||||||||
Balance at | Charged to | Charged to | ||||||||||||||||||||
Beginning of | Costs and | Other Accounts | Deductions - | Balances at | ||||||||||||||||||
Description | Period | Expenses | Describe | Describe | End of Period | |||||||||||||||||
Reserves and allowances deducted from asset accounts: | ||||||||||||||||||||||
For the year ended December 31, 2013 | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 32,421 | $ | (4,208 | ) | $ | - | $ | - | $ | 28,213 | |||||||||||
For the year ended December 31, 2012 | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 77,590 | $ | (21,761 | ) | $ | (23,408 | ) | (a) | $ | - | $ | 32,421 | |||||||||
For the year ended December 31, 2011 | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 212,624 | $ | (135,034 | ) | $ | - | $ | - | $ | 77,590 |
Note_1_Significant_Accounting_2
Note 1 - Significant Accounting Policies (Details) (USD $) | 3 Months Ended | 12 Months Ended | 15 Months Ended | |||||||||
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2011 | |
Note 1 - Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash and Cash Equivalents, at Carrying Value | $660,278 | ' | ' | ' | $2,861,733 | ' | ' | ' | $660,278 | $2,861,733 | $660,278 | $1,998,158 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | 70,000 | 105,000 | 108,000 | 101,000 | 164,000 | 143,000 | 101,000 | 14,000 | 383,011 | 421,693 | ' | ' |
Cash Equivalent Term | ' | ' | ' | ' | ' | ' | ' | ' | '3 months | ' | ' | ' |
Number of Operating Segments | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in Shares) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | ' | ' | ' | ' | ' | ' | ' | ' | '10 years | ' | ' | ' |
Incentive Stock Options Maximum | 100,000 | ' | ' | ' | ' | ' | ' | ' | 100,000 | ' | 100,000 | ' |
Share-based Compensation | $0 | ' | ' | ' | ' | ' | ' | ' | $0 | $0 | $0 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | ' | ' | ' | ' | ' | ' | ' | ' | 0 | 0 | ' | ' |
Employee Stock Option [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 1 - Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum Grand Date Period | '10 years | ' | ' | ' | ' | ' | ' | ' | '10 years | ' | '10 years | ' |
Helios and Matheson Parent [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 1 - Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Noncontrolling Interest, Ownership Percentage by Parent | 75.00% | ' | ' | ' | ' | ' | ' | ' | 75.00% | ' | 75.00% | ' |
Minimum [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 1 - Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | ' | ' | ' | ' | ' | ' | '3 years | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | ' | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' |
Maximum [Member] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note 1 - Significant Accounting Policies (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Useful Life | ' | ' | ' | ' | ' | ' | ' | ' | '10 years | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares) | 184,000 | ' | ' | ' | ' | ' | ' | ' | 184,000 | ' | 184,000 | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | ' | ' | ' | ' | ' | ' | ' | ' | '4 years | ' | ' | ' |
Note_1_Significant_Accounting_3
Note 1 - Significant Accounting Policies (Details) - Fair Value of Options At Date of Grant Using Black-Scholes Model Assumptions (USD $) | 12 Months Ended | ||
Dec. 31, 2013 | Dec. 31, 2012 | ||
Fair Value of Options At Date of Grant Using Black-Scholes Model Assumptions [Abstract] | ' | ' | |
Expected life (years) | '4 years | '4 years | |
Risk free interest rate | 0.96% | 0.53% | |
Expected volatility | 0.84% | 1.03% | |
Weighted average fair value per option (in Dollars per share) | $0 | $0 | [1] |
[1] | There were no options granted by the Company for the 12 months ended Decmber 31, 2013 and 2012. |
Note_2_Net_Income_Loss_Per_Sha2
Note 2 - Net Income (Loss) Per Share (Details) - Basic EPS Numerator and Denominator (USD $) | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | |
Numerator for basic net income per share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net Profit/(loss) available to common stockholders | $70,000 | $105,000 | $108,000 | $101,000 | $164,000 | $143,000 | $101,000 | $14,000 | $383,011 | $421,693 |
Numerator for diluted net income per share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income available to common stockholders & assumed conversion | ' | ' | ' | ' | ' | ' | ' | ' | $383,011 | $421,693 |
Denominator: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Denominator for basic and diluted loss per share - weighted-average shares (in Shares) | ' | ' | ' | ' | ' | ' | ' | ' | 2,330,438 | 2,330,438 |
Basic and diluted income per share: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income per share (in Dollars per share) | $0.03 | $0.05 | $0.05 | $0.04 | $0.07 | $0.06 | $0.04 | $0.01 | $0.16 | $0.18 |
Note_3_Property_and_Equipment_1
Note 3 - Property and Equipment (Details) - Property and Equipment, at Cost (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Property and Equipment, at Cost [Abstract] | ' | ' |
Equipment and leaseholds | $120,192 | $121,036 |
Software | 167,337 | 167,337 |
Furniture and fixtures | 34,186 | 34,186 |
321,715 | 322,559 | |
Less accumulated depreciation and amortization | 271,644 | 269,842 |
$50,071 | $52,717 |
Note_4_Contractual_Obligations2
Note 4 - Contractual Obligations and Commitments (Details) (USD $) | 12 Months Ended |
Dec. 31, 2013 | |
Disclosure Text Block Supplement [Abstract] | ' |
Operating Leases, Rent Expense, Net | $157,032 |
Note_4_Contractual_Obligations3
Note 4 - Contractual Obligations and Commitments (Details) - Contractual Obligations and Commitments (USD $) | Dec. 31, 2013 | |
Operating Lease Obligations | ' | |
Payments Due by Period Total | $523,467 | [1] |
Payments Due by Period Less Than 1 Year | 157,040 | [1] |
Payments Due by Period 1 - 3 Years | 314,080 | [1] |
Payments Due by Period 3 - 5 Years | 52,347 | [1] |
Payments Due by Period More Than 5 Years | ' | [1] |
[1] | The Company has a New York facility with a lease at Empire State Building with a term expiring April 30, 2017 and requiring annual payments of $157,032 during 2014. |
Note_5_Accounts_Payable_and_Ac2
Note 5 - Accounts Payable and Accrued Expenses (Details) - Accounts Payable and Accrued Expenses (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Accounts Payable and Accrued Expenses [Abstract] | ' | ' |
Accounts payable and other accrued expenses | $56,056 | $369,845 |
Payroll | 774,892 | 801,404 |
$830,948 | $1,171,249 |
Note_6_Income_Taxes_Details
Note 6 - Income Taxes (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Income Tax Disclosure [Abstract] | ' | ' |
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration | $14,700,000 | ' |
Deferred Tax Assets, Operating Loss Carryforwards, State and Local | 1,700,000 | ' |
Valuation Allowance, Deferred Tax Asset, Change in Amount | $652,000 | $241,000 |
Note_6_Income_Taxes_Details_De
Note 6 - Income Taxes (Details) - Deferred Tax Assets and (Liabilities) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
Deferred Tax Assets and (Liabilities) [Abstract] | ' | ' |
Licensing revenues | ($14,000) | ($6,000) |
Accounts receivable reserve | 34,000 | 36,000 |
Depreciation and amortization | 261,000 | 263,000 |
Investments | 928,000 | 928,000 |
Other | 201,000 | 209,000 |
Net operating losses | 5,106,000 | 5,738,000 |
6,516,000 | 7,168,000 | |
Valuation allowance | ($6,516,000) | ($7,168,000) |
Note_6_Income_Taxes_Details_Pr
Note 6 - Income Taxes (Details) - Provision for Income Taxes Significant Components (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Current: | ' | ' |
Federal | $0 | $0 |
State and local | -1,446 | 11,155 |
Total Current | -1,446 | 11,155 |
Deferred: | ' | ' |
Federal | 0 | 0 |
State and local | 0 | 0 |
Total Deferred | 0 | 0 |
Total | ($1,446) | $11,155 |
Note_6_Income_Taxes_Details_Fe
Note 6 - Income Taxes (Details) - Federal Statutory Rate and Effective Income Tax Rate Reconciliation | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Federal Statutory Rate and Effective Income Tax Rate Reconciliation [Abstract] | ' | ' |
Federal statutory rate | 34.00% | 34.00% |
State and local taxes net of federal tax benefit | -0.30% | 1.70% |
Non-deductible expenses | -2.00% | -2.30% |
Change in valuation allowance | -32.10% | -30.80% |
Total | -0.40% | 2.60% |
Note_8_Concentration_of_Credit1
Note 8 - Concentration of Credit Risk (Details) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Sales Revenue, Services, Net [Member] | ' | ' |
Note 8 - Concentration of Credit Risk (Details) [Line Items] | ' | ' |
Concentration Risk, Customer | 'three | 'three |
Concentration Risk, Percentage | 88.00% | 88.00% |
Accounts Receivable [Member] | ' | ' |
Note 8 - Concentration of Credit Risk (Details) [Line Items] | ' | ' |
Concentration Risk, Customer | 'three | 'Three |
Concentration Risk, Percentage | 85.18% | 85.73% |
Note_9_Leases_Details
Note 9 - Leases (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Leases [Abstract] | ' | ' |
Operating Leases, Rent Expense | $224,629 | $237,316 |
Note_9_Leases_Details_Future_M
Note 9 - Leases (Details) - Future Minimum Payments Under Non-Cancelable Operating Leases (USD $) | Dec. 31, 2013 | |
Future Minimum Payments Under Non-Cancelable Operating Leases [Abstract] | ' | |
2014 | $157,040 | |
2015 | 157,040 | |
2016 | 157,040 | |
2017 | 52,347 | |
Total minimum future lease payments | $523,467 | [1] |
[1] | The Company has a New York facility with a lease term expiring April 30, 2017. |
Note_10_Stock_Option_Plan_Deta
Note 10 - Stock Option Plan (Details) (USD $) | 12 Months Ended |
Dec. 31, 2013 | |
Note 10 - Stock Option Plan (Details) [Line Items] | ' |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Fair Market Value Maximum (in Dollars) | $100,000 |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '10 years |
Maximum [Member] | ' |
Note 10 - Stock Option Plan (Details) [Line Items] | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares) | 184,000 |
Stock Option Vesting Period | '4 years |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '4 years |
Minimum [Member] | ' |
Note 10 - Stock Option Plan (Details) [Line Items] | ' |
Stock Option Vesting Period | '1 year |
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | '1 year |
Note_10_Stock_Option_Plan_Deta1
Note 10 - Stock Option Plan (Details) - Company Plan Option Information (USD $) | 12 Months Ended |
Dec. 31, 2012 | |
Company Plan Option Information [Abstract] | ' |
Weighted Number of Shares Balance | 8,000 |
Average Exercise Price Balance (in Dollars per share) | $14.55 |
Weighted Number of Shares Forfeitures | -8,000 |
Average Exercise Price Forfeitures (in Dollars per share) | $14.55 |
Note_10_Stock_Option_Plan_Deta2
Note 10 - Stock Option Plan (Details) - Stock Option Status (USD $) | 12 Months Ended |
Dec. 31, 2013 | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Stock Options Outstanding Weighted Average Exercise Price (in Dollars per share) | $0 |
Stock Options Outstanding Number of Options | 0 |
Stock Options Outstanding Weighted- Remaining Contractual Life (years) | '0 years |
Stock Options Outstanding Number of Stock Options Exercisable | 0 |
Minimum [Member] | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Stock Options Outstanding Exercise Price Range (in Dollars per share) | $12 |
Maximum [Member] | ' |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | ' |
Stock Options Outstanding Exercise Price Range (in Dollars per share) | $24 |
Note_11_Quarterly_Results_Unau2
Note 11 - Quarterly Results (Unaudited) (Details) - Summary of Quarterly Results of Operations (USD $) | 3 Months Ended | 12 Months Ended | ||||||||
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | |
Summary of Quarterly Results of Operations [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $3,232,000 | $3,416,000 | $3,440,000 | $3,203,000 | $3,325,000 | $3,404,000 | $2,960,000 | $2,679,000 | $13,291,095 | $12,368,920 |
Gross profit | 601,000 | 669,000 | 788,000 | 674,000 | 695,000 | 750,000 | 701,000 | 640,000 | 2,732,649 | 2,786,729 |
Income from operations | 68,000 | 94,000 | 110,000 | 103,000 | 156,000 | 146,000 | 102,000 | 102,000 | 375,128 | 505,971 |
Net income | $70,000 | $105,000 | $108,000 | $101,000 | $164,000 | $143,000 | $101,000 | $14,000 | $383,011 | $421,693 |
Net income per share | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Basic and diluted income per share (in Dollars per share) | $0.03 | $0.05 | $0.05 | $0.04 | $0.07 | $0.06 | $0.04 | $0.01 | $0.16 | $0.18 |
Note_12_Transactions_With_Rela1
Note 12 - Transactions With Related Party (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2012 | |
Note 12 - Transactions With Related Party (Details) [Line Items] | ' | ' |
Related Party Investment in Client Relationships | $123,695 | ' |
Accounts Payable, Related Parties | 392,808 | 430,722 |
Related Party Transaction, Amounts of Transaction | 283,645 | 308,778 |
Helios and Matheson Parent [Member] | Security Deposits [Member] | ' | ' |
Note 12 - Transactions With Related Party (Details) [Line Items] | ' | ' |
Due from Related Parties | 2,000,000 | ' |
Accounts Payable and Accrued Liabilities [Member] | ' | ' |
Note 12 - Transactions With Related Party (Details) [Line Items] | ' | ' |
Related Party Transaction, Amounts of Transaction | $182,626 | ' |
Note_13_Legal_Proceedings_Deta
Note 13 - Legal Proceedings (Details) (USD $) | 12 Months Ended |
Dec. 31, 2011 | |
Disclosure Text Block Supplement [Abstract] | ' |
Legal Fees Counter Party Claim Amount | $23,680 |
Note_14_Subsequent_Events_Deta
Note 14 - Subsequent Events (Details) (USD $) | 12 Months Ended | 0 Months Ended | |
Dec. 31, 2013 | Mar. 05, 2014 | Mar. 05, 2013 | |
Subsequent Event [Member] | Subsequent Event [Member] | ||
Note 14 - Subsequent Events (Details) [Line Items] | ' | ' | ' |
Common Stock, Dividends, Per Share, Declared (in Dollars per share) | $0.09 | $0.08 | ' |
Dividends Payable, Current | ' | ' | $187,000 |
Schedule_II_Valuation_and_Qual2
Schedule II - Valuation and Qualifying Accounts (Details) - Valuation and Qualifying Accounts (USD $) | 12 Months Ended | |||
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | ||
Reserves and allowances deducted from asset accounts: | ' | ' | ' | |
Balance at Beginning of the Period | $32,421 | $77,590 | $212,624 | |
Charged to Costs and Expenses | -4,208 | -21,761 | -135,034 | |
Charged to Other Accounts Describe | ' | -23,408 | [1] | ' |
Balance at End of the Period | $28,213 | $32,421 | $77,590 | |
[1] | Uncollectible accounts charged off against specific accruals during 2012 |