IntelGenx Technologies (IGXT) 10-Q 7 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 07, 2014
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Trading Symbol	'igxt	'
Entity Registrant Name	'IntelGenx Technologies Corp.	'
Entity Central Index Key	'0001098880	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	63,465,256
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Well Known Seasoned Issuer	'No	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Consolidated_Balance_Sheet

Consolidated Balance Sheet (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current	'	'
Cash and cash equivalents	$5,178	$5,005
Accounts receivable	53	144
Prepaid expenses	93	133
Investment tax credits receivable	217	268
Total Current Assets	5,541	5,550
Leasehold Improvements and Equipment, net	744	588
Intangible Assets	59	79
Total Assets	6,344	6,217
Current	'	'
Accounts payable and accrued liabilities	266	593
Deferred license revenue	358	308
Total Current Liabilities	624	901
Deferred License Revenue, non-current portion	154	308
Total Liabilities	778	1,209
Shareholders' Equity	'	'
Capital Stock	1	1
Additional Paid-in-Capital	22,618	20,934
Accumulated Deficit	-17,158	-16,102
Accumulated Other Comprehensive Income	105	175
Total Shareholders' Equity	5,566	5,008
Total Liabilities and Stockholder Equity	$6,344	$6,217

Consolidated_Statement_of_Shar

Consolidated Statement of Shareholders' Equity (USD $)	Capital Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income [Member]	Total
In Thousands, except Share data
Beginning Balance at Dec. 31, 2013	$1	$20,934	($16,102)	$175	$5,008
Beginning Balance (Shares) at Dec. 31, 2013	60,984,267	'	'	'	'
Foreign currency translation adjustment	'	'	'	-70	-70
Warrants exercised	'	1,619	'	'	1,619
Warrants exercised (Shares)	2,480,988	'	'	'	'
Stock-based compensation	'	65	'	'	65
Net loss for the period	'	'	-1,056	'	-1,056
Ending Balance at Jun. 30, 2014	$1	$22,618	($17,158)	$105	$5,566
Ending Balance (Shares) at Jun. 30, 2014	63,465,255	'	'	'	'

Consolidated_Statement_of_Comp

Consolidated Statement of Comprehensive Income (Loss) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues	'	'	'	'
Royalties	$84	$14	$181	$91
License and other revenue	76	533	201	613
Total Revenues	160	547	382	704
Expenses	'	'	'	'
Research and development expense	225	48	413	215
Selling, general and administrative expense	543	394	1,003	850
Depreciation of tangible assets	7	7	14	17
Amortization of intangible assets	11	9	20	19
Total Costs and Expenses	786	458	1,450	1,101
Profit (Loss) from Operations	-626	89	-1,068	-397
Other Income	'	'	'	'
Interest and other income	12	1	12	1
Total Other Income	12	1	12	1
Net Profit (Loss)	-614	90	-1,056	-396
Other Comprehensive Income (Loss)	'	'	'	'
Foreign currency translation adjustment	161	-71	-70	-107
Comprehensive Profit (Loss)	($453)	$19	($1,126)	($503)
Basic and Diluted Weighted Average Number of Shares Outstanding	63,187,029	51,166,323	62,628,686	51,133,173
Basic and Diluted Profit (Loss) Per Common Share	($0.01)	$0	($0.02)	($0.01)

Consolidated_Statement_of_Cash

Consolidated Statement of Cash Flows (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Funds Provided (Used) - Operating Activities	'	'	'	'
Net profit (loss)	($614)	$90	($1,056)	($396)
Amortization and depreciation	18	16	34	36
Stock-based compensation	33	30	65	48
Total adjustments	-563	136	-957	-312
Changes in assets and liabilities:	'	'	'	'
Accounts receivable	-27	-190	91	922
Prepaid expenses	1	-5	40	8
Investment tax credits receivable	68	-25	51	-55
Accounts payable and accrued liabilities	-17	-163	-327	-724
Deferred revenue	-77	-76	-104	-153
Net change in assets and liabilities	-52	-459	-249	-2
Net cash used by operating activities	-615	-323	-1,206	-314
Financing Activities	'	'	'	'
Proceeds from exercise of warrants and stock options	555	587	1,619	782
Net cash provided by financing activities	555	587	1,619	782
Investing Activities	'	'	'	'
Additions to property and equipment	-63	-92	-168	-161
Net cash used in investing activities	-63	-92	-168	-161
Increase (Decrease) in Cash and Cash Equivalents	-123	172	245	307
Effect of Foreign Exchange on Cash and Cash Equivalents	135	-56	-72	-82
Cash and Cash Equivalents	'	'	'	'
Beginning of Period	5,166	2,168	5,005	2,059
End of Period	$5,178	$2,284	$5,178	$2,284

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2014
Basis of Presentation [Text Block]	'
	1	Basis of Presentation
		The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete consolidated financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. All such adjustments are of a normal and recurring nature.
		These financial statements should be read in conjunction with the audited consolidated financial statements at December 31, 2013. Operating results for the three and six months ended June 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014. The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). This basis of accounting involves the application of accrual accounting and consequently, revenues and gains are recognized when earned, and expenses and losses are recognized when incurred.
		The consolidated financial statements include the accounts of the Company and its subsidiary companies. On consolidation, all inter-entity transactions and balances have been eliminated.
		The financial statements are expressed in U.S. funds.
		Management has performed an evaluation of the Company’s activities through the date and time these financial statements were issued and concluded that there are no additional significant events requiring recognition or disclosure.

Adoption_of_New_Accounting_Sta

Adoption of New Accounting Standards	6 Months Ended
	Jun. 30, 2014
Adoption of New Accounting Standards [Text Block]	'
	2	Adoption of New Accounting Standards
		Revenue Recognition and Disclosures
		The FASB issued Update No. 2013-04, “Liabilities (Topic 405)—Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date”. The amendments in this Update provide guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this Update is fixed at the reporting date, except for obligations addressed within existing guidance in U.S. GAAP. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance in this Update also requires an entity to disclose the nature and amount of the obligation as well as other information about those obligations. For public entities, the amendments in this ASU were applicable for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this Statement did not have a material effect on the Company’s financial position or results of operations.
		The FASB issued Update No. 2013-05, “Foreign Currency Matters (Topic 830)—Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity”. The amendments in this Update resolve the diversity in practice about whether Subtopic 810-10, Consolidation—Overall, or Subtopic 830-30, Foreign Currency Matters—Translation of Financial Statements, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. In addition, the amendments in this Update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. For public entities, the amendments in this ASU were effective prospectively for fiscal years, and interim reporting periods within those years, beginning after December 15, 2013. The adoption of this Statement did not have a material effect on the Company’s financial position or results of operations.
		The FASB issued Update No. 2013-07, “Presentation of Financial Statements – Liquidation Basis of Accounting”. The objective of this Update is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. These amendments were effective for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. Entitles should apply the requirements prospectively from the day that liquidation becomes imminent. The adoption of this Statement did not have a material effect on the Company’s financial position or results of operations.
		The FASB issued Update No. 2013-11, “Income Taxes (Topic 740)—Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”. The amendments in this ASU provide guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists. The amendments were effective for fiscal years, and interim periods within those years, beginning after December 15, 2013 and should be applied prospectively to all unrecognized tax benefits that exist at the effective date. The adoption of this Statement did not have a material effect on the Company’s financial position or results of operations.

Significant_Accounting_Policie

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Significant Accounting Policies [Text Block]	'
	3	Significant Accounting Policies
		Recently Issued Accounting Pronouncements
		ASU 2014-12, Compensation – Stock Compensation (Topic 718): Accounting for shared-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period.
		The FASB has issued ASU No. 2014-12 which requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718, Compensation – Stock Compensation, as it relates to awards with performance conditions that affect vesting to account for such awards. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. The adoption of ASU-2014-12 is not expected to have material effect on the Company’s financial position or results of operations.
		ASU No. 2014-09, Revenues from Contracts with Customers (Topic 606)
		The FASB and IASB (the Boards) have issued converged standards on revenue recognition. ASU No. 2014-09 affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition and most industry-specific guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:
		•	Step 1: Identify the contract(s) with a customer.
		•	Step 2: Identify the performance obligations in the contract.
		•	Step 3: Determine the transaction price.
		•	Step 4: Allocate the transaction price to the performance obligations in the contract.
		•	Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
	For a public entity, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This ASU is to be applied retrospectively, with certain practical expedients allowed. Early application is not permitted. The Company is currently evaluating the impact of this statement on its consolidated financial statements.
	ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity
	The FASB has issued ASU No. 2014-08 which enhance convergence between U.S. GAAP and International Financial Reporting Standards (IFRS). The amendments in the ASU change the criteria for reporting discontinued operations while enhancing disclosures in this area. It also addresses sources of confusion and inconsistent application related to financial reporting of discontinued operations guidance in U.S. GAAP. Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment. In addition, the new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations. The amendments in the ASU are effective in the first quarter of 2015 for public organizations with calendar year ends. Early adoption is permitted. The adoption of ASU-2014-08 is not expected to have material effect on the Company’s financial position or results of operations.

Intangible_Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2014
Intangible Assets [Text Block]	'
	4	Intangible Assets
		As of June 30, 2014 NDA acquisition costs of $59 thousand (December 31, 2013 - $79 thousand) were recorded as intangible assets on the Company’s balance sheet and represent the net book value of the final progress payment related to the acquisition of 100% ownership of Forfivo XL®. The asset is being amortized over its estimated useful life of 39 months. The Company commenced amortization upon commercial launch of the product in October 2012.

Deferred_License_Revenue

Deferred License Revenue	6 Months Ended
	Jun. 30, 2014
Deferred License Revenue [Text Block]	'
	5	Deferred License Revenue
		Deferred license revenue represents upfront payments received for the granting of licenses to the Company’s patents, intellectual property, and proprietary technology, for commercialization. Deferred license revenue is recognized in income over the period where sales of the licensed products will occur.
		Upon entering into the licensing agreement with Edgemont Pharmaceuticals the Company received an upfront fee of $1 million, which the Company recognized as deferred license revenue. The deferred license revenue is being amortized in income over a period of 39 months, which is the minimum period where sales of Forfivo XL® are expected to be exclusive.
		In January, 2014 IntelGenx entered into a development and commercialization agreement with Par Pharmaceutical, Inc. for two products. The Company received $100 thousand upon execution of the agreement, of which $50 thousand has been recognized as deferred revenue until certain development milestones have been achieved.
		As a result of this policy, the Company has a deferred revenue balance of $512 thousand at June 30, 2014 (December 31, 2013 - $616 thousand) that has not been recognized as revenue.

Capital_Stock

Capital Stock	6 Months Ended
	Jun. 30, 2014
Capital Stock [Text Block]	'
	6	Capital Stock
				June 30,		December 31,
				2014		2013
		Authorized -	$	635	$	610
		100,000,000 common shares of $0.00001 par value
		20,000,000 preferred shares of $0.00001 par value
		Issued -
		63,465,255 (December 31, 2013 - 60,984,267) common shares

Additional_PaidIn_Capital

Additional Paid-In Capital	6 Months Ended
	Jun. 30, 2014
Additional Paid-In Capital [Text Block]	'
	7	Additional Paid-In Capital
		Stock options
		No stock options were exercised during the six month period ended June 30, 2014. During the six month period ended June 31, 2013 a total of 75,000 stock options were exercised for 75,000 common shares having a par value of $0 thousand in aggregate, for cash consideration of $31 thousand, resulting in an increase in additional paid-in capital of $31 thousand.
		Compensation expenses for stock-based compensation of $65 thousand and $48 thousand were recorded during the six month periods ended June 30, 2014 and 2013 respectively. The entire amount expensed in 2014 relates to stock options granted to employees and directors. Of the amount expensed in 2013, $37 thousand relates to stock options granted to employees and directors and $11 thousand relates to options granted to independent third party consultants. As at June 30, 2014 the Company has $161 thousand (2013 - $229 thousand) of unrecognized stock- based compensation.
		Warrants
		During the six month period ended June 30, 2014 a total of 2,480,988 (2013 - 1,584,000) warrants were exercised for 2,480,988 (2013 - 1,584,000) common shares having a par value of $0 thousand in aggregate, for cash consideration of $1,619 thousand (2013 - $751 thousand), resulting in an increase in additional paid-in capital of $1,619 thousand (2013 - $750 thousand).

Related_Party_Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2014
Related Party Transactions [Text Block]	'
	8	Related Party Transactions
		Included in management salaries are $29 thousand (2013 - $5 thousand) for options granted to the Chief Executive Officer, $Nil (2013 - $10 thousand) for options granted to the Chief Operating Officer and $22 thousand (2013 - $9 thousand) for options granted to the Chief Financial Officer under the 2006 Stock Option Plan and $8 thousand (2013 - $6 thousand) for options granted to non-employee directors.
		Also included in management salaries are director fees of $88 thousand (2013 - $44 thousand) for attendance to board meetings and audit committee meetings.
		In addition, during the first six months of 2013 the Company paid $66 thousand in fees to a director under a management consultancy agreement. No such fees were paid during the first six months of 2014.
		The above related party transactions have been measured at the exchange amount which is the amount of the consideration established and agreed to by the related parties.

Basic_and_Diluted_Loss_Per_Com

Basic and Diluted Loss Per Common Share	6 Months Ended
	Jun. 30, 2014
Basic and Diluted Loss Per Common Share [Text Block]	'
	9	Basic and Diluted Loss Per Common Share
		Basic and diluted loss per common share is calculated based on the weighted average number of shares outstanding during the period. The warrants and stock options have been excluded from the calculation of diluted loss per share since they are anti-dilutive.

Summary_of_Significant_Account

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
Recently Issued Accounting Pronouncements [Policy Text Block]	'
		Recently Issued Accounting Pronouncements
		ASU 2014-12, Compensation – Stock Compensation (Topic 718): Accounting for shared-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period.
		The FASB has issued ASU No. 2014-12 which requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718, Compensation – Stock Compensation, as it relates to awards with performance conditions that affect vesting to account for such awards. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved. The amendments in this ASU are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. The adoption of ASU-2014-12 is not expected to have material effect on the Company’s financial position or results of operations.
		ASU No. 2014-09, Revenues from Contracts with Customers (Topic 606)
		The FASB and IASB (the Boards) have issued converged standards on revenue recognition. ASU No. 2014-09 affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition and most industry-specific guidance. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:
		•	Step 1: Identify the contract(s) with a customer.
		•	Step 2: Identify the performance obligations in the contract.
		•	Step 3: Determine the transaction price.
		•	Step 4: Allocate the transaction price to the performance obligations in the contract.
		•	Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
	For a public entity, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This ASU is to be applied retrospectively, with certain practical expedients allowed. Early application is not permitted. The Company is currently evaluating the impact of this statement on its consolidated financial statements.
	ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity
	The FASB has issued ASU No. 2014-08 which enhance convergence between U.S. GAAP and International Financial Reporting Standards (IFRS). The amendments in the ASU change the criteria for reporting discontinued operations while enhancing disclosures in this area. It also addresses sources of confusion and inconsistent application related to financial reporting of discontinued operations guidance in U.S. GAAP. Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment. In addition, the new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations. The amendments in the ASU are effective in the first quarter of 2015 for public organizations with calendar year ends. Early adoption is permitted. The adoption of ASU-2014-08 is not expected to have material effect on the Company’s financial position or results of operations.

Capital_Stock_Tables

Capital Stock (Tables)	6 Months Ended
	Jun. 30, 2014
Schedule of Stock by Class [Table Text Block]	'
				June 30,		December 31,
				2014		2013
		Authorized -	$	635	$	610
		100,000,000 common shares of $0.00001 par value
		20,000,000 preferred shares of $0.00001 par value
		Issued -
		63,465,255 (December 31, 2013 - 60,984,267) common shares

Intangible_Assets_Narrative_De

Intangible Assets (Narrative) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014
	M
Intangible Assets 1	$59
Intangible Assets 2	$79
Intangible Assets 3	100.00%
Intangible Assets 4	39

Deferred_License_Revenue_Narra

Deferred License Revenue (Narrative) (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
	M
Deferred License Revenue 1	$1,000,000
Deferred License Revenue 2	39
Deferred License Revenue 3	100,000
Deferred License Revenue 4	50,000
Deferred License Revenue 5	512,000
Deferred License Revenue 6	$616,000

Additional_PaidIn_Capital_Narr

Additional Paid-In Capital (Narrative) (Details) (USD $)	6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014
Additional Paid-in Capital 1	75,000
Additional Paid-in Capital 2	75,000
Additional Paid-in Capital 3	$0
Additional Paid-in Capital 4	31
Additional Paid-in Capital 5	31
Additional Paid-in Capital 6	65
Additional Paid-in Capital 7	48
Additional Paid-in Capital 8	37
Additional Paid-in Capital 9	11
Additional Paid-in Capital 10	161
Additional Paid-in Capital 11	229
Additional Paid-in Capital 12	2,480,988
Additional Paid-in Capital 13	1,584,000
Additional Paid-in Capital 14	2,480,988
Additional Paid-in Capital 15	1,584,000
Additional Paid-in Capital 16	0
Additional Paid-in Capital 17	1,619
Additional Paid-in Capital 18	751
Additional Paid-in Capital 19	1,619
Additional Paid-in Capital 20	$750

Related_Party_Transactions_Nar

Related Party Transactions (Narrative) (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Related Party Transactions 1	$29,000
Related Party Transactions 2	5,000
Related Party Transactions 3	0
Related Party Transactions 4	10,000
Related Party Transactions 5	22,000
Related Party Transactions 6	9,000
Related Party Transactions 7	8,000
Related Party Transactions 8	6,000
Related Party Transactions 9	88,000
Related Party Transactions 10	44,000
Related Party Transactions 11	$66,000

Schedule_of_Stock_by_Class_Det

Schedule of Stock by Class (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Capital Stock Schedule Of Stock By Class 1	100,000,000
Capital Stock Schedule Of Stock By Class 2	$0.00
Capital Stock Schedule Of Stock By Class 3	20,000,000
Capital Stock Schedule Of Stock By Class 4	0.00001
Capital Stock Schedule Of Stock By Class 5	63,465,255
Capital Stock Schedule Of Stock By Class 6	60,984,267
Capital Stock Schedule Of Stock By Class 7	635
Capital Stock Schedule Of Stock By Class 8	$610