Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
Sep. 30, 2014 | Oct. 30, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'Helios & Matheson Analytics Inc. | ' |
Document Type | '10-Q | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 2,330,438 |
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 | 30-Sep-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Consolidated_Balance_Sheet_Cur
Consolidated Balance Sheet (Current Period Unaudited) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
Current Assets: | ' | ' |
Cash and cash equivalents | $1,044,026 | $660,278 |
Accounts receivable- less allowance for doubtful accounts of $35,711 at September 30, 2014, and $28,213 at December 31, 2013 | 1,287,766 | 2,147,436 |
Unbilled receivables | 47,620 | 143,126 |
Prepaid expenses and other current assets | 152,020 | 147,448 |
Total current assets | 2,531,432 | 3,098,288 |
Property and equipment, net | 56,106 | 50,071 |
Security Deposit | 2,000,000 | 2,000,000 |
Deposits and other assets | 78,520 | 78,520 |
Total assets | 4,666,058 | 5,226,879 |
Current Liabilities: | ' | ' |
Accounts payable and accrued expenses | 665,095 | 830,948 |
Total current liabilities | 665,095 | 830,948 |
Shareholders' equity: | ' | ' |
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued and outstanding as of September 30, 2014, and December 31, 2013 | ' | ' |
Common stock, $.01 par value; 30,000,000 shares authorized; 2,330,438 issued and outstanding as of September 30, 2014 and December 31, 2013 | 23,304 | 23,304 |
Paid-in capital | 37,855,740 | 37,855,740 |
Accumulated other comprehensive loss - foreign currency translation | -94,531 | -77,032 |
Accumulated deficit | -33,783,550 | -33,406,081 |
Total shareholders' equity | 4,000,963 | 4,395,931 |
Total liabilities and shareholders' equity | $4,666,058 | $5,226,879 |
Consolidated_Balance_Sheet_Cur1
Consolidated Balance Sheet (Current Period Unaudited) (Parentheticals) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
Allowance for doubtful accounts (in Dollars) | $35,711 | $28,213 |
Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 |
Preferred stock, shares authorized | 2,000,000 | 2,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in Dollars per share) | $0.01 | $0.01 |
Common stock, shares authorized | 30,000,000 | 30,000,000 |
Common stock, issued | 2,330,438 | 2,330,438 |
Common stock, outstanding | 2,330,438 | 2,330,438 |
Consolidated_Statement_of_Oper
Consolidated Statement of Operations and Comprehensive (Loss)/Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Revenues | $2,510,393 | $3,416,301 | $8,246,199 | $10,058,680 |
Cost of revenues | 1,986,430 | 2,747,232 | 6,689,648 | 7,926,724 |
Gross profit | 523,963 | 669,069 | 1,556,551 | 2,131,956 |
Operating expenses: | ' | ' | ' | ' |
Selling, general & administrative | 546,849 | 572,420 | 1,740,338 | 1,817,360 |
Depreciation & amortization | 3,520 | 2,641 | 8,445 | 7,605 |
550,369 | 575,061 | 1,748,783 | 1,824,965 | |
(Loss)/income from operations | -26,406 | 94,008 | -192,232 | 306,991 |
Other income(expense): | ' | ' | ' | ' |
Interest income-net | 3,662 | 538 | 10,199 | 1,978 |
3,662 | 538 | 10,199 | 1,978 | |
(Loss)/income before income taxes | -22,744 | 94,546 | -182,033 | 308,969 |
Provision for income taxes | 3,000 | -10,446 | 9,000 | -4,446 |
Net (loss)/income | -25,744 | 104,992 | -191,033 | 313,415 |
Other comprehensive (loss)/income - foreign currency adjustment | -21,419 | -17,220 | -17,499 | -31,323 |
Comprehensive (loss)/income | ($47,163) | $87,772 | ($208,532) | $282,092 |
Net (Loss)/income per share | ' | ' | ' | ' |
Basic & Diluted (in Dollars per share) | ($0.01) | $0.05 | ($0.08) | $0.13 |
Dividend Per share (in Dollars per share) | ' | ' | $0.08 | $0.09 |
Consolidated_Statement_of_Cash
Consolidated Statement of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Cash flows from operating activities: | ' | ' |
Net (loss)/income | ($191,033) | $313,415 |
Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | ' | ' |
Depreciation and amortization | 8,445 | 7,605 |
Provision for doubtful accounts | -8,710 | 13,165 |
Gain on sale of Fixed Asset | -11 | -250 |
Changes in operating assets and liabilities: | ' | ' |
Accounts receivable | 868,380 | -836,826 |
Unbilled receivables | 95,506 | -33,546 |
Prepaid expenses and other assets | -4,572 | -40,142 |
Accounts payable and accrued expenses | -165,853 | 15,860 |
Security Deposits | ' | -1,000,000 |
Deposits | ' | 21,512 |
Net cash provided by/(used in) operating activities | 602,152 | -1,539,207 |
Cash flows from investing activities: | ' | ' |
Purchase of property and equipment | -14,470 | -5,622 |
Net cash used in investing activities | -14,470 | -5,622 |
Cash flows from financing activities: | ' | ' |
Dividend Paid | -186,435 | -209,739 |
Net cash used in financing activities | -186,435 | -209,739 |
Effect of foreign currency exchange rate changes on cash and cash equivalents | -17,499 | -31,323 |
Net increase/(decrease) in cash and cash equivalents | 383,748 | -1,785,891 |
Cash and cash equivalents at beginning of period | 660,278 | 2,861,733 |
Cash and cash equivalents at end of period | 1,044,026 | 1,075,842 |
Supplemental disclosure of cash flow information: | ' | ' |
Cash paid during the period for income taxes - net of refunds | $8,189 | $5,009 |
Note_1_General
Note 1 - General | 9 Months Ended |
Sep. 30, 2014 | |
Disclosure Text Block [Abstract] | ' |
Basis of Accounting [Text Block] | ' |
1) GENERAL: | |
These financial statements should be read in conjunction with the financial statements contained in Helios and Matheson Analytics Inc.’s (“Helios and Matheson” or the “Company”) Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission (“SEC”) and the accompanying financial statements and related notes thereto. The accounting policies used in preparing these financial statements are the same as those described in the Company's Form 10-K for the year ended December 31, 2013. |
Note_2_Controlled_Company
Note 2 - Controlled Company | 9 Months Ended |
Sep. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block] | ' |
2) CONTROLLED COMPANY: | |
The Board of Directors has determined that Helios and Matheson meets the definition of a “Controlled Company” as defined by Rule 5615(c) of the NASDAQ Rules. A “Controlled Company” is defined in Rule 5615(c) as a company of which more than 50% of the voting power for the election of directors is held by an individual, group or another company. Certain NASDAQ requirements do not apply to a “Controlled Company”, including requirements that: (i) a majority of its Board of Directors must be comprised of “independent” directors as defined in NASDAQ’s rules; and (ii) the compensation of officers and the nomination of directors be determined in accordance with specific rules, generally requiring determinations by committees comprised solely of independent directors or in meetings at which only the independent directors are present. |
Note_3_Interim_Financial_State
Note 3 - Interim Financial Statements | 9 Months Ended |
Sep. 30, 2014 | |
Quarterly Financial Information Disclosure [Abstract] | ' |
Quarterly Financial Information [Text Block] | ' |
3) INTERIM FINANCIAL STATEMENTS: | |
In the opinion of management, the accompanying unaudited consolidated financial statements contain all the adjustments (consisting only of normal recurring accruals) necessary to present fairly the consolidated financial position as of September 30, 2014, the consolidated results of operations for the three and nine month periods ended September 30, 2014 and 2013 and cash flows for the nine month periods ended September 30, 2014 and 2013. | |
The consolidated balance sheet at December 31, 2013 has been derived from the audited financial statements at that date, but certain information and notes normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted from these financial statements pursuant to the SEC’s rules and regulations. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Form 10-K filed by the Company for the year ended December 31, 2013. | |
For the three month period ended September 30, 2014, the Company reported a net loss of approximately ($26,000) and for the nine month period ended September 30, 2014, the Company reported a net loss of ($191,000); for the three month period ended September 30, 2013, the Company reported net income of approximately $105,000 and for the nine month period ended September 30, 2013, the Company reported net income of $313,000. The Company continues to focus on revenue growth by expanding its existing client market share and its client base. The Company also keeps a tight rein on discretionary expenditures and SG&A, which the Company believes will enhance its competitiveness. | |
In management's opinion, cash flows from operations combined with cash on hand will provide adequate flexibility for funding the Company's working capital obligations for the next twelve months. |
Note_4_Stock_Based_Compensatio
Note 4 - Stock Based Compensation | 9 Months Ended |
Sep. 30, 2014 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' |
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' |
4) STOCK BASED COMPENSATION: | |
The Company has a stock based compensation plan, which is described as follows: | |
On March 3, 2014, the Board of Directors terminated the Company’s 1997 Stock Option and Award Plan and approved and adopted the Helios and Matheson Analytics Inc. 2014 Equity Incentive Plan (the “2014 Plan”). There were no shares outstanding under the 1997 Stock Option and Award Plan. The 2014 Plan sets aside and reserves 400,000 shares of the Company’s common stock for grant and issuance in accordance with its terms and conditions. Persons eligible to receive awards from the 2014 Plan include employees (including officers and directors) of the Company and its affiliates, consultants who provide significant services to the Company or its affiliates and directors who are not employees of the Company or its affiliates (the “Participants”). The 2014 Plan permits the Company to issue to Participants qualified and/or non-qualified options to purchase the Company’s common stock, restricted common stock, performance units and performance shares. The 2014 Plan will terminate on March 3, 2024. The Compensation Committee of the Company’s Board of Directors has been appointed as the committee responsible for administration of the 2014 Plan and has the sole discretion to determine which Participants will be granted awards and the terms and conditions of the awards granted. Through the date of filing of this Form 10-Q no awards have been granted under the 2014 Plan. |
Note_5_Net_LossIncome_Per_Shar
Note 5 - Net (Loss)/Income Per Share | 9 Months Ended | ||||||||||||||||
Sep. 30, 2014 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Earnings Per Share [Text Block] | ' | ||||||||||||||||
5) NET (LOSS)/INCOME PER SHARE: | |||||||||||||||||
The following table sets forth the computation of basic and diluted net (loss)/income per share for the three months and nine months ended September 30, 2014 and 2013: | |||||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||
September 30, | September 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Numerator for basic net (loss)/income per share | |||||||||||||||||
Net (loss)/income available to common stockholders | $ | (25,744 | ) | $ | 104,992 | $ | (191,033 | ) | $ | 313,415 | |||||||
Numerator for diluted net (loss)/income per share | |||||||||||||||||
Net (loss)/income available to common stockholders & assumed conversion | $ | (25,744 | ) | $ | 104,992 | $ | (191,033 | ) | $ | 313,415 | |||||||
Denominator: | |||||||||||||||||
Denominator for basic and diluted (loss)/income per share - weighted-average shares | 2,330,438 | 2,330,438 | 2,330,438 | 2,330,438 | |||||||||||||
Basic and diluted (loss)/income per share: | |||||||||||||||||
Net (loss)/income per share | $ | (0.01 | ) | $ | 0.05 | $ | (0.08 | ) | $ | 0.13 | |||||||
Note_6_Concentration_of_Credit
Note 6 - Concentration of Credit Risk | 9 Months Ended |
Sep. 30, 2014 | |
Risks and Uncertainties [Abstract] | ' |
Concentration Risk Disclosure [Text Block] | ' |
6) CONCENTRATION OF CREDIT RISK: | |
The revenues of the Company’s top three customers represented approximately 82% of the revenues for the nine month period ended September 30, 2014. The revenues of the Company’s top three customers represented approximately 88% of revenues for the same period in 2013. No other customer represented greater than 10% of the Company’s revenues for such periods. The Company continues its effort to broaden its customer base in order to mitigate this risk. |
Note_7_Contractual_Obligations
Note 7 - Contractual Obligations and Commitments | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2014 | |||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||
Commitments Disclosure [Text Block] | ' | ||||||||||||||||||||
7) CONTRACTUAL OBLIGATIONS AND COMMITMENTS: | |||||||||||||||||||||
The Company’s commitments at September 30, 2014, are comprised of the following: | |||||||||||||||||||||
Payments Due by Period | |||||||||||||||||||||
Contractual | Less Than | More Than | |||||||||||||||||||
Obligations | Total | 1 Year | 1 - 3 Years | 3 - 5 Years | 5 Years | ||||||||||||||||
Operating Lease Obligations | |||||||||||||||||||||
Rent (1) | 405,687 | 157,040 | 248,647 | - | - | ||||||||||||||||
Total | $ | 405,687 | $ | 157,040 | $ | 248,647 | $ | - | $ | - | |||||||||||
(1) The Company has a New York facility with a lease term expiring April 30, 2017. | |||||||||||||||||||||
As of September 30, 2014, the Company does not have any “Off Balance Sheet Arrangements”. |
Note_8_Income_Taxes
Note 8 - Income Taxes | 9 Months Ended |
Sep. 30, 2014 | |
Income Tax Disclosure [Abstract] | ' |
Income Tax Disclosure [Text Block] | ' |
8) PROVISION FOR INCOME TAXES | |
The provision for income taxes as reflected in the consolidated statement of operations and comprehensive (loss)/income varies from the expected statutory rate primarily due to a provision for minimum state taxes and the recording of adjustments to the valuation allowance against deferred tax assets. Internal Revenue Code Section 382 (the “Code”) 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 percent change in ownership occurs. During 2006, Helios and Matheson Information Technology Ltd. (“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 the Code 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. The Company maintains a valuation allowance against additional deferred tax assets arising from net operating loss carry-forwards since, in the opinion of management; it is more likely than not that some portion or all of the deferred tax assets will not be realized. |
Note_9_Transactions_With_Relat
Note 9 - Transactions With Related Persons | 9 Months Ended |
Sep. 30, 2014 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions Disclosure [Text Block] | ' |
9) TRANSACTIONS WITH RELATED PERSONS | |
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 the 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 nine months ended September 30, 2014 is approximately $82,000. The amount payable to Helios and Matheson Parent for services rendered under the HMIT MOU was $8,736 and $341,000 for the nine months ended September 30, 2014 and 2013, 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 $0 and $208,000 for the nine months ended September 30, 2014 and 2013, respectively. As of September 30, 2014, the Company has a receivable from Helios and Matheson Parent in the amount of $182,626 which represents amounts paid on behalf of Helios and Matheson Parent. As of September 30, 2014, the amount paid on behalf of Helios and Matheson Parent is reported as an offset of accounts payable to Helios and Matheson Parent. | |
In August 2014, the Company entered into a Professional Service Agreement with Helios and Matheson Parent (the “HMIT PSA”), which documented ongoing services provided by Helios and Matheson Parent from February 24, 2014. Pursuant to the HMIT PSA Helios and Matheson Parent hires employees in India and provides infrastructure services for those employees to facilitate the operations of those of the Company’s clients who need offshore support for their business. For the services the Company pays the cost incurred by Helios and Matheson Parent for the employee it hires to provide the services and a fixed fee for infrastructure support. For the nine months ended September 30, 2014, the Company’s revenue from services provided with offshore support was about $471,000. Amounts payable to Helios and Matheson Parent for services rendered under the HMIT PSA was $270,000 for the nine months ended September 30, 2014 and is included as a component of cost of revenue. The amount paid to Helios and Matheson Parent for services rendered under the HMIT PSA for the nine months ended September 30, 2014 was $208,000. |
Note_10_Legal_Proceedings
Note 10 - Legal Proceedings | 9 Months Ended |
Sep. 30, 2014 | |
Disclosure Text Block Supplement [Abstract] | ' |
Legal Matters and Contingencies [Text Block] | ' |
10) LEGAL PROCEEDINGS | |
During 2011, Rosen and Associates, P.C. asked for a payment of $22,868 for services it allegedly performed for the Company. The Company did not execute any agreement for the performance of services with Rosen and Associates, P.C. On August 26, 2013 Rosen and Associates, P.C. filed a claim seeking payment for the services it allegedly performed. The trial was held on October 27, 2014. Rosen and Associates, P.C. was unable to prove their claim at trial and the case was dismissed. Rosen and Associates, P.C. did not recover any damages from the Company. |
Note_11_Dividend_Paid
Note 11 - Dividend Paid | 9 Months Ended |
Sep. 30, 2014 | |
Stockholders' Equity Note [Abstract] | ' |
Stockholders' Equity Note Disclosure [Text Block] | ' |
11) DIVIDEND PAID: | |
On February 3, 2014 the Company’s Board of Directors declared a dividend of $0.08 per share on the Company's common stock, amounting to a total payout of $186,435. This amount represents approximately 50% of the net profits of the Company for the year ended December 31, 2013. The dividend was paid on March 5, 2014 to shareholders of record on February 18, 2014. There can be no assurance that the Company will pay dividends in the future. |
Note_12_Recent_Accounting_Pron
Note 12 - Recent Accounting Pronouncement | 9 Months Ended |
Sep. 30, 2014 | |
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | ' |
New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | ' |
12) RECENT ACCOUNTING PRONOUNCEMENT: | |
On May 28, 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). ASU 2014-09 provides a robust framework for addressing revenue recognition issues and, upon its effective date, replaces almost all existing revenue recognition guidance, including industry-specific guidance, in current U.S. generally accepted accounting principles. ASU 2014-09 is effective beginning with the calendar year ended December 31, 2017. The Company has not yet assessed the impact ASU 2014-09 will have upon adoption on its financial position, results of operations or cash flows. | |
In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. ASU 2014-15 requires that an entity’s management evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. Substantial doubt about an entity’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. Certain disclosures are necessary in the footnotes to the financial statements in the event that conditions or events raise substantial doubt about an entity’s ability to continue as a going concern. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter and early application is permitted. The Company has not yet assessed the impact ASU 2014-15 will have upon adoption. |
Note_13_Subsequent_Events
Note 13 - Subsequent Events | 9 Months Ended |
Sep. 30, 2014 | |
Subsequent Events [Abstract] | ' |
Subsequent Events [Text Block] | ' |
13) SUBSEQUENT EVENTS | |
Management completed an analysis of all subsequent events occurring after September 30, 2014, the balance sheet date, through November 10, 2014, the date upon which the quarter-end consolidated financial statements were issued, and determined the following disclosures to be necessary or appropriate: | |
During 2011, Rosen and Associates, P.C. asked for a payment of $22,868 for services it allegedly performed for the Company. The Company did not execute any agreement for the performance of services with Rosen and Associates, P.C. On August 26, 2013 Rosen and Associates, P.C. filed a claim seeking payment for the services it allegedly performed. The trial was held on October 27, 2014. Rosen and Associates, P.C. was unable to prove their claim at trial and the case was dismissed. Rosen and Associates, P.C. did not recover any damages from the Company. |
Note_5_Net_LossIncome_Per_Shar1
Note 5 - Net (Loss)/Income Per Share (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2014 | |||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||
September 30, | September 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Numerator for basic net (loss)/income per share | |||||||||||||||||
Net (loss)/income available to common stockholders | $ | (25,744 | ) | $ | 104,992 | $ | (191,033 | ) | $ | 313,415 | |||||||
Numerator for diluted net (loss)/income per share | |||||||||||||||||
Net (loss)/income available to common stockholders & assumed conversion | $ | (25,744 | ) | $ | 104,992 | $ | (191,033 | ) | $ | 313,415 | |||||||
Denominator: | |||||||||||||||||
Denominator for basic and diluted (loss)/income per share - weighted-average shares | 2,330,438 | 2,330,438 | 2,330,438 | 2,330,438 | |||||||||||||
Basic and diluted (loss)/income per share: | |||||||||||||||||
Net (loss)/income per share | $ | (0.01 | ) | $ | 0.05 | $ | (0.08 | ) | $ | 0.13 |
Note_7_Contractual_Obligations1
Note 7 - Contractual Obligations and Commitments (Tables) | 9 Months Ended | ||||||||||||||||||||
Sep. 30, 2014 | |||||||||||||||||||||
Disclosure Text Block Supplement [Abstract] | ' | ||||||||||||||||||||
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block] | ' | ||||||||||||||||||||
Payments Due by Period | |||||||||||||||||||||
Contractual | Less Than | More Than | |||||||||||||||||||
Obligations | Total | 1 Year | 1 - 3 Years | 3 - 5 Years | 5 Years | ||||||||||||||||
Operating Lease Obligations | |||||||||||||||||||||
Rent (1) | 405,687 | 157,040 | 248,647 | - | - | ||||||||||||||||
Total | $ | 405,687 | $ | 157,040 | $ | 248,647 | $ | - | $ | - |
Note_3_Interim_Financial_State1
Note 3 - Interim Financial Statements (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended | |||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Approximation [Member] | Approximation [Member] | Approximation [Member] | Approximation [Member] | |||||
Note 3 - Interim Financial Statements (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($25,744) | $104,992 | ($191,033) | $313,415 | ($26,000) | $105,000 | ($191,000) | $313,000 |
Note_4_Stock_Based_Compensatio1
Note 4 - Stock Based Compensation (Details) | 9 Months Ended |
Sep. 30, 2014 | |
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number | 0 |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 400,000 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 0 |
Note_5_Net_LossIncome_Per_Shar2
Note 5 - Net (Loss)/Income Per Share (Details) - Basic EPS Numerator and Denominator (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Numerator for basic net (loss)/income per share | ' | ' | ' | ' |
Net (loss)/income available to common stockholders | ($25,744) | $104,992 | ($191,033) | $313,415 |
Numerator for diluted net (loss)/income per share | ' | ' | ' | ' |
Net (loss)/income available to common stockholders & assumed conversion | ($25,744) | $104,992 | ($191,033) | $313,415 |
Denominator: | ' | ' | ' | ' |
Denominator for basic and diluted (loss)/income per share - weighted-average shares (in Shares) | 2,330,438 | 2,330,438 | 2,330,438 | 2,330,438 |
Basic and diluted (loss)/income per share: | ' | ' | ' | ' |
Net (loss)/income per share (in Dollars per share) | ($0.01) | $0.05 | ($0.08) | $0.13 |
Note_6_Concentration_of_Credit1
Note 6 - Concentration of Credit Risk (Details) (Sales Revenue, Services, Net [Member]) | 9 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2013 | |
Note 6 - Concentration of Credit Risk (Details) [Line Items] | ' | ' |
Concentration Risk Number of Major Customers | 3 | 3 |
Customer Concentration Risk [Member] | ' | ' |
Note 6 - Concentration of Credit Risk (Details) [Line Items] | ' | ' |
Concentration Risk, Percentage | 82.00% | 88.00% |
Note_7_Contractual_Obligations2
Note 7 - Contractual Obligations and Commitments (Details) - Contractual Obligations and Commitments (USD $) | Sep. 30, 2014 | |
Operating Lease Obligations | ' | |
Payments Due by Period Total | $405,687 | [1] |
Payments Due by Period Less Than 1 Year | 157,040 | [1] |
Payments Due by Period 1 - 3 Years | 248,647 | [1] |
Payments Due by Period 3 - 5 Years | ' | [1] |
Payments Due by Period More Than 5 Years | ' | [1] |
[1] | The Company has a New York facility with a lease term expiring April 30, 2017. |
Note_9_Transactions_With_Relat1
Note 9 - Transactions With Related Persons (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
Note 9 - Transactions With Related Persons (Details) [Line Items] | ' | ' | ' | ' |
Related Party Investment in Client Relationships | ' | ' | $82,000 | ' |
Accounts Payable, Related Parties | 8,736 | 341,000 | 8,736 | 341,000 |
Related Party Transaction, Amounts of Transaction | ' | ' | 0 | 208,000 |
Revenues | 2,510,393 | 3,416,301 | 8,246,199 | 10,058,680 |
Helios and Matheson Parent [Member] | Security Deposits [Member] | ' | ' | ' | ' |
Note 9 - Transactions With Related Persons (Details) [Line Items] | ' | ' | ' | ' |
Due from Related Parties | 2,000,000 | ' | 2,000,000 | ' |
Helios and Matheson Parent [Member] | ' | ' | ' | ' |
Note 9 - Transactions With Related Persons (Details) [Line Items] | ' | ' | ' | ' |
Related Party Transaction, Amounts of Transaction | ' | ' | 208,000 | ' |
Accounts Receivable, Related Parties | 182,626 | ' | 182,626 | ' |
Revenues | ' | ' | 471,000 | ' |
Related Party Transaction, Expenses from Transactions with Related Party | ' | ' | $270,000 | ' |
Note_10_Legal_Proceedings_Deta
Note 10 - Legal Proceedings (Details) (USD $) | 12 Months Ended |
Dec. 31, 2011 | |
Disclosure Text Block Supplement [Abstract] | ' |
Legal Fees Counter Party Claim Amount | $22,868 |
Note_11_Dividend_Paid_Details
Note 11 - Dividend Paid (Details) (USD $) | 0 Months Ended |
Feb. 03, 2014 | |
Stockholders' Equity Note [Abstract] | ' |
Common Stock, Dividends, Per Share, Cash Paid | $0.08 |
Dividends, Common Stock, Cash | $186,435 |
Percentage of Dividend to Net Profits | 50.00% |
Note_13_Subsequent_Events_Deta
Note 13 - Subsequent Events (Details) (Subsequent Event [Member], Rosen and Associates, P.C. [Member], Settled Litigation [Member], USD $) | 0 Months Ended |
Oct. 27, 2014 | |
Subsequent Event [Member] | Rosen and Associates, P.C. [Member] | Settled Litigation [Member] | ' |
Note 13 - Subsequent Events (Details) [Line Items] | ' |
Loss Contingency, Damages Sought, Value | $22,868 |
Litigation Settlement, Amount | $0 |