Helios and Matheson Analytics (HMNY) 10-Q 16 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 10, 2015
Entity Registrant Name	Helios & Matheson Analytics Inc.
Entity Central Index Key	1,040,792
Trading Symbol	hmny
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		2,330,438
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false

Consolidated Balance Sheet (Cur

Consolidated Balance Sheet (Current Period Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 807,888	$ 1,225,518
Accounts receivable- less allowance for doubtful accounts of $21,968 at September 30, 2015, and $37,711 at December 31, 2014	1,461,854	1,082,088
Unbilled receivables	133,938	81,311
Prepaid expenses and other current assets	$ 250,888	133,045
Prepaid expenses and other current assets - Related Party - less allowance of $344,041 at September 30, 2015, and $0 at December 31, 2014		281,745
Total current assets	$ 2,654,568	2,803,707
Property and equipment, net	47,756	53,422
Security Deposit-Related Party- less allowance of $2,000,000 at September 30, 2015, and $0 at December 31, 2014	0	2,000,000
Deposits and other assets	87,556	52,347
Total assets	2,789,880	4,909,476
Current Liabilities:
Accounts payable and accrued expenses	967,755	899,926
Total current liabilities	$ 967,755	$ 899,926
Shareholders' equity:
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued and outstanding as of September 30, 2015, and December 31, 2014
Common stock, $.01 par value; 30,000,000 shares authorized; 2,330,438 issued and outstanding as of September 30, 2015 and December 31, 2014	$ 23,304	$ 23,304
Paid-in capital	37,855,740	37,855,740
Accumulated other comprehensive loss - foreign currency translation	(145,164)	(99,265)
Accumulated deficit	(35,911,755)	(33,770,229)
Total shareholders' equity	1,822,125	4,009,550
Total liabilities and shareholders' equity	$ 2,789,880	$ 4,909,476

Consolidated Balance Sheet (Cu3

Consolidated Balance Sheet (Current Period Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Allowance for doubtful accounts	$ 21,968	$ 37,711
Prepaid expenses and other current assets - related party, allowance	344,041
Security deposit, reserve	$ 2,000,000	$ 0
Preferred Stock, Par Value (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)	$ 0.01	$ 0.01
Common Stock, Shares Authorized (in shares)	30,000,000	30,000,000
Common Stock, Shares Issued (in shares)	2,330,438	2,330,438
Common Stock, Shares Outstanding (in shares)	2,330,438	2,330,438

Consolidated Statement of Opera

Consolidated Statement of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues	$ 2,459,393	$ 2,510,393	$ 7,366,023	$ 8,246,199
Cost of revenues	1,713,287	1,986,430	5,390,801	6,689,648
Gross profit	746,106	523,963	1,975,222	1,556,551
Operating expenses:
Selling, general & administrative	661,466	546,849	1,762,647	1,740,338
Depreciation & amortization	2,971	3,520	8,796	8,445
	664,437	550,369	1,771,443	1,748,783
(Loss)/income from operations	81,669	$ (26,406)	203,779	$ (192,232)
Other income(expense):
Allowance against Security Deposit - related party	(2,000,000)		(2,000,000)
Allowance for prepaid expenses and other current assets - related party	(344,041)		(344,041)
Interest income	2,185	$ 3,662	7,737	$ 10,199
	(2,341,856)	3,662	(2,336,304)	10,199
Loss before income taxes	(2,260,187)	(22,744)	(2,132,525)	(182,033)
Provision for income taxes	3,000	3,000	9,000	9,000
Net loss	(2,263,187)	(25,744)	(2,141,525)	(191,033)
Other comprehensive (loss)/income - foreign currency adjustment	(35,711)	(21,419)	(45,899)	(17,499)
Comprehensive loss	$ (2,298,898)	$ (47,163)	$ (2,187,424)	$ (208,532)
Net loss per share
Net loss per share (in dollars per share)	$ (0.97)	$ (0.01)	$ (0.92)	$ (0.08)
Dividend Per share (in dollars per share)				$ 0.08

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net loss	$ (2,141,525)	$ (191,033)
Adjustments to reconcile net loss to net cash provided by/(used in) operating activities:
Depreciation and amortization	8,796	$ 8,445
Allowance against security deposit - related party	2,000,000
Allowance for prepaid receivables and other current assets	344,041
Provision for doubtful accounts	$ (18,461)	$ (8,710)
Gain on sale of Fixed Asset		(11)
Changes in operating assets and liabilities:
Accounts receivable	$ (361,307)	868,380
Unbilled receivables	(52,627)	95,506
Prepaid expenses and other current assets	(117,843)	(4,572)
Prepaid expenses and other current assets - related party	(62,296)	(95,557)
Accounts payable and accrued expenses	67,829	$ (70,297)
Deposits	$ (35,209)
Deferred revenue
Net cash provided by/(used in) operating activities	$ (368,602)	$ 602,152
Cash flows from investing activities:
Sales of Property and Equipment (net of purchases)	(3,129)	(14,470)
Net cash used in investing activities	$ (3,129)	(14,470)
Cash flows from financing activities:
Dividend Paid		(186,435)
Net cash used in financing activities		(186,435)
Effect of foreign currency exchange rate changes on cash and cash equivalents	$ (45,899)	(17,499)
Net increase/(decrease) in cash and cash equivalents	(417,630)	383,748
Cash and cash equivalents at beginning of period	1,225,518	660,278
Cash and cash equivalents at end of period	807,888	1,044,026
Supplemental disclosure of cash flow information:
Cash paid during the period for income taxes	$ 6,770	$ 8,189

Note 1 - General

Note 1 - General	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
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, 2014 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, 2014.

Note 2 - Controlled Company

Note 2 - Controlled Company	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
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 Stat

Note 3 - Interim Financial Statements	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
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, 2015, the consolidated results of operations for the three and nine month periods ended September 30, 2015 and 2014 and cash flows for the nine month periods ended September 30, 2015 and 2014. The consolidated balance sheet at December 31, 2014 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, 2014. For the three month period ended September 30, 2015, the Company reported a net loss of approximately ($2.26 million) and for the nine month period ended September 30, 2015, the Company reported a net loss of approximately ($2.14 million); for the three month period ended September 30, 2014, the Company reported net loss of approximately ($26,000) and for the nine month period ended September 30, 2014, the Company reported net loss of approximately ($191,000). 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 Compensati

Note 4 - Stock Based Compensation	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
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”) which the Company’s shareholders approved at the annual shareholders meeting on May 5, 2014. 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 Income_(Loss) Per

Note 5 - Net Income/(Loss) Per Share	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Earnings Per Share [Text Block]	5) NET LOSS PER SHARE: The following table sets forth the computation of basic and diluted net loss per share for the three months and nine months ended September 30, 2015 and 2014: Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Numerator for basic net loss per share Net loss available to common stockholders $ (2,263,187 ) $ (25,744 ) $ (2,141,525 ) $ (191,033 ) Numerator for diluted net loss per share Net loss available to common stockholders & assumed conversion $ (2,263,187 ) $ (25,744 ) $ (2,141,525 ) $ (191,033 ) Denominator: Denominator for basic and diluted loss per share - weighted-average shares 2,330,438 2,330,438 2,330,438 2,330,438 Basic and diluted loss per share: Net loss per share $ (0.97 ) $ (0.01 ) $ (0.92 ) $ (0.08 )

Note 6 - Concentration of Credi

Note 6 - Concentration of Credit Risk	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	6) CONCENTRATION OF CREDIT RISK: The revenues of the Company’s top four customers represented approximately 90% of the revenues for the nine month period ended September 30, 2015. The revenues of the Company’s top three customers represented approximately 82% of revenues for the same period in 2014. 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 Obligation

Note 7 - Contractual Obligations and Commitments	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Commitments Disclosure [Text Block]	7) CONTRACTUAL OBLIGATIONS AND COMMITMENTS: The Company’s commitments at September 30, 2015, are comprised of the following: Payments Due by Period Contractual Obligations Total Less Than 1 Year 1 - 3 Years 3 - 5 Years More Than 5 Years Operating Lease Obligations Rent (1) 283,179 191,572 91,607 - - Total $ 283,179 $ 191,572 $ 91,607 $ - $ - (1) The Company has a New York facility with a lease term expiring April 30, 2017 and a Chennai facility with a lease term expiring December 31, 2015. As of September 30, 2015, the Company does not have any “Off Balance Sheet Arrangements”.

Note 8 - Provision for Income T

Note 8 - Provision for Income Taxes	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
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 Rela

Note 9 - Transactions With Related Persons	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	9) TRANSACTIONS WITH RELATED PERSONS In September 2010, the Company entered into, and in August 2013 entered into an amendment of 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. The amount payable to Helios and Matheson Parent for services rendered under the HMIT MOU was $0 and $8,736 for the nine months ended September 30, 2015 and 2014, 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. No amount was paid to Helios and Matheson Parent for services rendered under the HMIT MOU for the nine months ended September 30, 2015 and 2014, respectively. As of September 30, 2015, 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 , which has been fully reserved for. As of September 30, 2015, the amount paid on behalf of Helios and Matheson Parent is reported as prepaid expenses and other current assets – related party, which has been fully reserved for. 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. Beginning October 2014, all employees were transferred to the payroll of the Company’s subsidiary, Helios and Matheson Global Services Pvt. Ltd. (HMGS), and Helios and Matheson Parent was paid only for the infrastructure support they are providing until August 2015. Beginning September 2015, HMGS leased an office and took over infrastructure support from Helios and Matheson Parent. For the nine months ended September 30, 2015, the Company’s revenue from services provided with offshore support of Helios and Matheson Parent was about $1.7 million. Amounts payable to Helios and Matheson Parent for services rendered under the HMIT PSA was about $137,000 for the nine months ended September 30, 2015. The amount paid to Helios and Matheson Parent for services rendered, including prepayment of certain expenses, under the HMIT PSA for the nine months ended September 30, 2015 was $238,000. Please see the section 12, “Subsequent Event” of the notes to consolidated financial statements.

Note 10 - Legal Proceedings

Note 10 - Legal Proceedings	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	10) LEGAL PROCEEDINGS None

Note 11 - Dividend Paid

Note 11 - Dividend Paid	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
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 - Subsequent Event

Note 12 - Subsequent Event	9 Months Ended
	Sep. 30, 2015
Notes to Financial Statements
Subsequent Events [Text Block]	12 ) Subsequent Event The Company determined to provide for a reserve in its September 30, 2015 financial statements in the amount of $2.344 million (the “Reserve Amount”) due to an uncertainty relating to the ability of Helios and Matheson Parent to immediately (i) return the security deposit, in the amount of $2 million, held by Helios and Matheson Parent in connection with the Memorandum of Understanding entered into between the Company and Helios and Matheson Parent in September 2010 and amended in August 2013 (as amended, the “MOU”), and (ii) pay approximately $344,000 in reimbursable expenses, and advances relating to the Company’s operations in India and the Professional Services Agreement entered into between the Company and Helios and Matheson Parent in August 2014 (the “PSA”). Helios and Matheson Parent ceased providing services under the MOU and PSA in Q3 2015. The decision to provide for the Reserve Amount was the result of factors that included, but were not limited to, the cessation of services provided by Helios and Matheson Parent under the MOU and PSA in Q3 2015 and the ensuing conversations between the Company and Helios and Matheson Parent regarding payment of the Reserve Amount. Further, the Company has ensured continued uninterrupted services to its clients by taking on infrastructure costs relating to lease and employees.The Company continues to work with Helios and Matheson Parent to resolve this matter in a manner that would allow the Company to receive its deposits and prepaid balances of $2.344 million at the earliest.

Note 5 - Net Income_(Loss) Pe18

Note 5 - Net Income/(Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Numerator for basic net loss per share Net loss available to common stockholders $ (2,263,187 ) $ (25,744 ) $ (2,141,525 ) $ (191,033 ) Numerator for diluted net loss per share Net loss available to common stockholders & assumed conversion $ (2,263,187 ) $ (25,744 ) $ (2,141,525 ) $ (191,033 ) Denominator: Denominator for basic and diluted loss per share - weighted-average shares 2,330,438 2,330,438 2,330,438 2,330,438 Basic and diluted loss per share: Net loss per share $ (0.97 ) $ (0.01 ) $ (0.92 ) $ (0.08 )

Note 7 - Contractual Obligati19

Note 7 - Contractual Obligations and Commitments (Tables)	9 Months Ended
	Sep. 30, 2015
Notes Tables
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	Payments Due by Period Contractual Obligations Total Less Than 1 Year 1 - 3 Years 3 - 5 Years More Than 5 Years Operating Lease Obligations Rent (1) 283,179 191,572 91,607 - - Total $ 283,179 $ 191,572 $ 91,607 $ - $ -

Note 3 - Interim Financial St20

Note 3 - Interim Financial Statements (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Approximation [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (2,260,000)	$ (26,000)	$ (2,140,000)	$ (191,000)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ (2,263,187)	$ (25,744)	$ (2,141,525)	$ (191,033)

Note 4 - Stock Based Compensa21

Note 4 - Stock Based Compensation (Details Textual)	9 Months Ended
	Sep. 30, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	400,000

Note 5 - Net (Loss)_Income Per

Note 5 - Net (Loss)/Income Per Share - Basic EPS Numerator and Denominator (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Numerator for basic net loss per share
Net loss	$ (2,263,187)	$ (25,744)	$ (2,141,525)	$ (191,033)
Numerator for diluted net loss per share
Net loss available to common stockholders & assumed conversion	$ (2,263,187)	$ (25,744)	$ (2,141,525)	$ (191,033)
Denominator:
Denominator for basic and diluted loss per share - weighted-average shares (in shares)	2,330,438	2,330,438	2,330,438	2,330,438
Basic and diluted loss per share:
Net loss per share (in dollars per share)	$ (0.97)	$ (0.01)	$ (0.92)	$ (0.08)

Note 6 - Concentration of Cre23

Note 6 - Concentration of Credit Risk (Details Textual) - Customer Concentration Risk [Member] - Sales Revenue, Services, Net [Member]	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Concentration Risk Number of Major Customers	4	3
Concentration Risk, Percentage	90.00%	82.00%

Note 7 - Contractual Obligati24

Note 7 - Contractual Obligations and Commitments - Contractual Obligations and Commitments (Details)	Sep. 30, 2015USD ($)	[1]
Total	$ 283,179
Less Than 1 Year	191,572
1 - 3 Years	$ 91,607
3 - 5 Years
More Than 5 Years
Less Than 1 Year	$ 191,572
1 - 3 Years	$ 91,607
[1]	The Company has a New York facility with a lease term expiring April 30, 2017 and a Chennai facility with a lease term expiring December 31, 2105.

Note 9 - Transactions With Re25

Note 9 - Transactions With Related Persons (Details Textual) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Helios and Matheson Parent [Member] | Security Deposits [Member]
Related Party Transaction [Line Items]
Due from Related Parties	$ 2,000,000
Helios and Matheson Parent [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction	238,000
Accounts Receivable, Related Parties	182,626
Revenue from Related Parties	1,700,000
Related Party Transaction, Expenses from Transactions with Related Party	137,000
Related Party Transaction, Amounts of Transaction	0	$ 0
Accounts Receivable, Related Parties	$ 0	$ 8,736

Note 11 - Dividend Paid (Detail

Note 11 - Dividend Paid (Details Textual)	Feb. 03, 2014USD ($)$ / shares
Common Stock, Dividends, Per Share, Cash Paid | $ / shares	$ 0.08
Dividends, Common Stock, Cash	$ 186,435
Percentage of Dividend to Net Profits	50.00%

Note 12 - Subsequent Event (Det

Note 12 - Subsequent Event (Details Textual) - USD ($)	Nov. 16, 2015	Sep. 30, 2015	Dec. 31, 2014
Subsequent Event [Member] | Helios and Matheson Parent [Member]
Reserve for Security Deposit and Reimbursable Expenses and Advances	$ 2,344,000
Reserve for Security Deposit	2,000,000
Reserve for Reimbursable Expenses and Advances	$ 344,000
Reserve for Security Deposit		$ 2,000,000	$ 0
Reserve for Reimbursable Expenses and Advances		$ 344,041