Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Jun. 30, 2014 | Aug. 12, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Jun-14 | ' |
Entity Registrant Name | 'Cornerworld Corp | ' |
Entity Central Index Key | '0001338242 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 162,937,110 |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Current assets: | ' | ' |
Cash | $434,667 | $857,954 |
Accounts receivable, net | 33,847 | 119,904 |
Prepaid expenses and other current assets | 77,721 | 152,317 |
Total current assets | 546,235 | 1,130,175 |
Property and equipment, net | 8,032 | 19,486 |
Other assets | 28,000 | 28,000 |
TOTAL ASSETS | 582,267 | 1,177,661 |
Current liabilities: | ' | ' |
Accounts payable | 279,201 | 225,064 |
Accrued expenses | 311,595 | 347,967 |
Notes payable related parties | 101,968 | 101,968 |
Lease payable, current portion | 7,919 | 10,704 |
Deferred revenue | 72,227 | 70,322 |
Total current liabilities | 772,910 | 756,025 |
Long-term liabilities: | ' | ' |
Notes payable related parties, net of current portion | 236,990 | 236,990 |
Lease payable, net of current portion | ' | 2,383 |
Total liabilities | 1,009,900 | 995,398 |
Commitments and Contingencies | ' | ' |
Stockholders' equity (deficit): | ' | ' |
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding | ' | ' |
Common stock, $0.001 par value, 250,000,000 shares authorized; 162,937,110 and 157,313,704 shares issued and outstanding, at June 30, 2014 and December 31, 2013, respectively | 162,937 | 156,813 |
Additional paid-in capital | 11,800,865 | 11,801,224 |
Accumulated deficit | -12,391,435 | -11,775,774 |
Total stockholders' equity (deficit) | -427,633 | 182,263 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $582,267 | $1,177,661 |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Parenthetical) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
Preferred stock, par value per share | $0.00 | $0.00 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value per share | $0.00 | $0.00 |
Common stock, shares authorized | 250,000,000 | 250,000,000 |
Common stock, shares issued | 162,937,110 | 157,313,704 |
Common stock, shares outstanding | 162,937,110 | 157,313,704 |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Operations (USD $) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
Condensed Consolidated Statements of Operations [Abstract] | ' | ' | ' | ' |
Sales, net | $203,141 | $301,168 | $482,540 | $612,923 |
Costs of goods sold | 127,509 | 126,472 | 290,011 | 260,906 |
Gross profit | 75,632 | 174,696 | 192,529 | 352,017 |
Expenses: | ' | ' | ' | ' |
Selling, general and administrative expenses | 448,626 | 712,078 | 780,117 | 1,446,540 |
Depreciation | 2,679 | 14,345 | 11,454 | 31,403 |
Total Operating expenses | 451,305 | 726,423 | 791,571 | 1,477,943 |
Operating loss | -375,673 | -551,727 | -599,042 | -1,125,926 |
Other income (expense), net: | ' | ' | ' | ' |
Interest expense | -6,795 | -54,690 | -13,306 | -57,761 |
Other income (expense), net | ' | -554,907 | -3,313 | -554,907 |
Total other expense, net | -6,795 | -609,597 | -16,619 | -612,668 |
Income (loss) from continuing operations before income taxes | -382,468 | -1,161,324 | -615,661 | -1,738,594 |
Income taxes | ' | ' | ' | ' |
Loss from continuing operations | -382,468 | -1,161,324 | -615,661 | -1,738,594 |
Income from discontinued operations, net of tax | ' | 306,026 | ' | 533,713 |
Gain from discontinued operations, net of tax | ' | ' | ' | ' |
Net loss | ($382,468) | ($855,298) | ($615,661) | ($1,204,881) |
Basic earnings (loss) per share from continuing operations | $0 | ($0.01) | $0 | ($0.01) |
Basic earnings per share from discontinued operations | $0 | $0 | $0 | $0 |
Basic earnings (loss) per share | $0 | $0 | $0 | $0 |
Diluted earnings (loss) per share from continuing operations | $0 | ($0.01) | $0 | ($0.01) |
Diluted earnings per share from discontinued operations | $0 | $0 | $0 | $0 |
Diluted earnings (loss) per share | $0 | $0 | $0 | $0 |
Basic weighted average number shares outstanding | 162,937,110 | 157,313,704 | 160,805,759 | 157,313,704 |
Diluted weighted average number shares outstanding | 162,937,110 | 157,313,704 | 160,805,759 | 157,313,704 |
Condensed_Consolidated_Stateme1
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (USD $) | Total | Common Shares [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit [Member] |
Balance at Dec. 31, 2013 | $182,263 | $156,813 | $11,801,224 | ($11,775,774) |
Balance, shares at Dec. 31, 2013 | ' | 156,813,704 | ' | ' |
Stock-based compensation expense | 5,765 | ' | 5,765 | ' |
Cash-less exercise of warrants | ' | 6,124 | -6,124 | ' |
Cash-less exercise of warrants, shares | ' | 6,123,406 | ' | ' |
Net loss | -615,661 | ' | ' | -615,661 |
Balance at Jun. 30, 2014 | ($427,633) | $162,937 | $11,800,865 | ($12,391,435) |
Balance, shares at Jun. 30, 2014 | ' | 162,937,110 | ' | ' |
Condensed_Consolidated_Stateme2
Condensed Consolidated Statements of Cash Flows (USD $) | 6 Months Ended | |
Jun. 30, 2014 | Jun. 30, 2013 | |
Cash Flows from Operating Activities | ' | ' |
Net loss | ($615,661) | ($1,204,881) |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities | ' | ' |
Depreciation | 11,454 | 31,403 |
Provision for doubtful accounts | 50,875 | 136,361 |
Stock-based compensation | 5,765 | 77,133 |
Changes in operating assets and liabilities, net of acquisitions and divestitures: | ' | ' |
Accounts receivable | 35,182 | 50,417 |
Prepaid expenses and other current assets | 74,596 | 17,161 |
Other assets | ' | -11 |
Impairment of goodwill | ' | 554,986 |
Accounts payable | 54,137 | -198,390 |
Accrued expenses | -36,372 | 79,223 |
Deferred revenue | 1,905 | 1,142 |
Changes in assets and liabilities of discontinued operations | ' | 789,643 |
Net cash provided by (used in) operating activities | -418,119 | 334,187 |
Cash Flows from Investing Activities | ' | ' |
Purchases of property and equipment | -2,597 | -4,995 |
Net cash used in investing activities | -2,597 | -4,995 |
Cash Flows from Financing Activities | ' | ' |
Payments on capital leases | -2,571 | -5,355 |
Principal payments on related party notes payable | ' | -70,000 |
Principal payments on notes payable | ' | -550,000 |
Net cash used in financing activities | -2,571 | -625,355 |
Net decrease in cash | -423,287 | -296,163 |
Cash at beginning of period | 857,954 | 1,415,260 |
Cash at end of period | 434,667 | 1,119,097 |
Cash paid for: | ' | ' |
Interest | ' | 243,017 |
Income taxes | ' | ' |
Basis_of_Presentation
Basis of Presentation | 6 Months Ended |
Jun. 30, 2014 | |
Basis of Presentation [Abstract] | ' |
Basis of Presentation | ' |
1. Basis of Presentation | |
Interim Unaudited Condensed Consolidated Financial Statements | |
The unaudited interim condensed consolidated financial statements of CornerWorld Corporation ("CornerWorld" or the "Company") as of June 30, 2014 and for the three and six month periods ended June 30, 2014 and 2013 contained in this Quarterly Report (collectively, the "Unaudited Interim Condensed Consolidated Financial Statements") were prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for all periods presented. The results of operations for the three and six month periods ended June 30, 2014 are not necessarily indicative of the results that may be expected for the entire fiscal year. | |
The accompanying Unaudited Interim Condensed Consolidated Financial Statements have been prepared in accordance with the regulations for interim financial information of the Securities and Exchange Commission (the "SEC"). Accordingly, they do not include all of the disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, the unaudited accompanying statements of financial condition and related interim statements of operations, cash flows, and stockholders' deficit include all adjustments (which consist only of normal and recurring adjustments) considered necessary for a fair presentation in conformity with U.S. GAAP. These Unaudited Interim Condensed Consolidated Financial Statements should be read in conjunction with the CornerWorld consolidated financial statements as of and for the year ended December 31, 2013, as filed with the SEC on Form 10-K. | |
Organization | |
The Company was incorporated in the State of Nevada, on November 9, 2004. Effective May 1, 2007, the Company changed its name to CornerWorld Corporation. | |
The Company provides certain marketing services through its operating subsidiary Enversa Companies LLC, a Texas limited liability company ("Enversa"). CornerWorld is the sole member of Enversa. Enversa is a technology-oriented direct response marketing company. Using its proprietary technology, Enversa identifies qualified leads for advertisers thereby connecting them with potential consumers. Enversa utilizes a pay-for-performance pricing model which is very appealing to clients because it ensures that they are billed solely for campaign performance. Enversa also operates several ad networks. Enversa also provides search engine optimization services ("SEO"), domain leasing and website management services on a recurring monthly basis. | |
The Company provides telecommunications services, including telephony and internet services, through its wholly-owned subsidiary, Woodland Holdings Corp. ("Woodland Holdings") who provides such services through its wholly owned subsidiaries Phone Services and More, L.L.C., doing business as Visitatel ("PSM") and T2 Communications, L.L.C. ("T2 Communications"). As a provider of Internet and VoIP services, T2 Communications delivers leading-edge technology to business customers in Michigan and Texas. Offerings include: phone lines, Internet connections, long distance and toll-free services. T2 Communications is a Competitive Local Exchange Carrier (CLEC). PSM, also a CLEC, holds an FCC 214 License as a wholesale long distance service provider to the carrier community and large commercial users of transport minutes. | |
The Company's year-end is December 31st. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2014 | |
Summary of Significant Accounting Policies [Abstract] | ' |
Summary of Significant Accounting Policies | ' |
2. Summary of Significant Accounting Policies | |
This summary of significant accounting policies is presented to assist in understanding the Company's condensed consolidated financial statements. The condensed consolidated financial statements and notes are representations of the Company's management who is responsible for their integrity and objectivity. These accounting policies conform to US GAAP and have been consistently applied in the preparation of the financial statements. The financial statements are stated in United States of America dollars. | |
Use of Estimates | |
The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of the contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made by management include, among others, the realizability of accounts receivable, recoverability of property and equipment and valuation of stock-based compensation and deferred tax assets. Actual results could differ from these estimates. | |
Fair Value of Financial Instruments | |
Accounting Standards Codification ("ASC") No. 850 requires disclosure of fair value information about financial instruments when it is practicable to estimate that value. The carrying amount of the Company's cash and cash equivalents, accounts receivable, accounts receivable-related party, accounts payable, accounts payable-related party, accrued liabilities, and notes payable approximate their estimated fair values due to their short-term maturities. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial statements. | |
Revenue Recognition | |
The Company recognizes revenue in accordance with Staff Accounting Bulletin ("SAB") No. 101, "Revenue Recognition in Financial Statements," as revised by SAB 104. As such, the Company recognizes revenue when persuasive evidence of an arrangement exists, title transfer has occurred, the price is fixed or readily determinable and collectibility is probable. Sales are recorded net of sales discounts. | |
At Enversa, revenue is recognized along with the related cost of revenue as services are delivered. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. Amounts billed to clients in advance of delivery of services are classified under current liabilities as deferred revenue. Revenue is also recognized monthly from domain leases. For T2 Communications, the majority of revenue is derived from month-to-month, bundled service contracts for the phone and internet services used by each customer. Revenue is recognized as the services are provided. | |
Income Taxes | |
The Company accounts for income tax in accordance with ASC No. 740 which requires the use of the asset and liability method of accounting of income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. | |
Long-Lived Assets | |
The Company accounts for its long-lived assets in accordance with the ASC. The Company's only long-lived assets are a patent and property and equipment. The ASC requires a company to assess the recoverability of its long-lived assets whenever events and circumstances indicate the carrying value of an asset or asset group may not be recoverable from estimated future cash flows expected to result from its use and eventual disposition. The patent, which was issued on March 4, 2014, is currently being valued at its net realizable value of $0. Management does not believe that its fixed assets are impaired. No impairment charges have been recorded as of June 30, 2014. | |
Stock-Based Compensation | |
The Company accounts for awards made under its two stock-based compensation plans pursuant to the fair value provisions of ASC No. 718. ASC No. 718 requires the recognition of stock-based compensation expense, using a fair-value based method, for costs related to all share-based payments including stock options. ASC No. 718 requires companies to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The Company accounts for stock-based compensation in accordance with ASC No. 718 and estimates its fair value based on using the Black-Scholes option pricing model. The Company's determination of fair value of share-based payment awards is made as of their respective dates of grant using that option pricing model and is affected by the Company's stock price as well as a number of subjective assumptions. These variables include, but are not limited to, the Company's expected stock price volatility over the term of the awards and actual and projected employee stock option exercise behavior. The expected term of options granted is derived from historical data on employee exercises and post-vesting employment termination behavior. The risk-free rate selected to value any particular grant is based on the U.S. Treasury rate that corresponds to the pricing term of the grant effective as of the date of the grant. The expected volatility is based on the historical volatility of the Company's stock price. These factors could change in the future, affecting the determination of stock-based compensation expense in future periods. The Black-Scholes option pricing model was developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because the Company's options have certain characteristics that are significantly different from traded options, the existing valuation models may not provide an accurate measure of the fair value of the Company's options. Although the fair value of the Company's options is determined in accordance with ASC No. 718 using an option-pricing model, that value may not be indicative of the fair value observed in a willing buyer/willing seller market transaction. The calculated compensation cost is recognized on a straight-line basis over the vesting period of the options. See also Note 6 Stock Based Compensation, for more details. | |
Reclassifications | |
On April 29, 2014, the Company announced that it had changed its fiscal year end from April 30 to December 31. As such, these financial statements have been compiled in a manner to reflect the change in the Company's fiscal year end. Accordingly, certain prior year accounts have been reclassified to conform to the current year's presentation. |
Debt
Debt | 6 Months Ended | |||||||
Jun. 30, 2014 | ||||||||
Debt [Abstract] | ' | |||||||
Debt | ' | |||||||
3. Debt | ||||||||
As of | ||||||||
June 30, | December 31, | |||||||
2014 | 2013 | |||||||
Long-term Debt | ||||||||
Note payable to CEO; the note matures July 31, 2016. At June 30, 2014, the interest rate was 6.25%. This note is collateralized by all assets of the Company. See also note 8, Related Party Transactions. | 338,958 | 338,958 | ||||||
Total debt | 338,958 | 338,958 | ||||||
Less current portion of long-term debt | (101,968 | ) | (101,968 | ) | ||||
Non-current portion of long-term debt | $ | 236,990 | $ | 236,990 | ||||
The note payable, due to the Company's CEO, contains no restrictive covenants or events of default other than non-payment. The Company did not make the regularly scheduled payments on May 31 or June 30, 2014, which constituted an event of default under the Senior Note. The Company's CEO has amendment the note payable and whereby he agreed to defer such late payments. |
Commitments_and_Contingencies
Commitments and Contingencies | 6 Months Ended |
Jun. 30, 2014 | |
Commitments and Contingencies [Abstract] | ' |
Commitments and Contingencies | ' |
4. Commitments and Contingencies | |
Litigation | |
The Company is occasionally involved in other litigation matters relating to claims arising from the ordinary course of business. The Company's management believes that there are no claims or actions pending or threatened against the Company, the ultimate disposition of which would have a material adverse effect on our business, results of operations and financial condition. |
StockBased_Compensation
Stock-Based Compensation | 6 Months Ended | |||||||||||||
Jun. 30, 2014 | ||||||||||||||
Stock-Based Compensation [Abstract] | ' | |||||||||||||
Stock-Based Compensation | ' | |||||||||||||
5. Stock-Based Compensation | ||||||||||||||
Incentive Stock Plan | ||||||||||||||
On August 17, 2007, the Company's board of directors adopted and implemented the Company's 2007 Incentive Stock Plan. Under the Incentive Stock Plan, the Company is authorized to issue 4,000,000 shares of its common stock to the Company's directors, officers, employees, advisors or consultants. | ||||||||||||||
Any Incentive Stock Option granted to an employee of the Company shall become exercisable over a period of no longer than 5 years, and no less than 20% of the shares covered thereby shall become exercisable annually. 20% of shares vest annually beginning on the first anniversary of the grant. The options expire 5 years from the grant date. | ||||||||||||||
The Company granted 1,650,000 options pursuant to this plan during the six month period ended June 30, 2014. | ||||||||||||||
Stock Compensation Plan | ||||||||||||||
On August 17, 2007, the Company's board of directors adopted and implemented the Company's 2007 Stock Compensation Plan. The total number of shares of the Company's common stock which may be purchased or granted directly by Options, Stock Awards or Warrants under the Compensation Plan shall not exceed 4,000,000 shares of the Company's common stock. | ||||||||||||||
Awards granted to a participant of the Company shall become exercisable over a period of no longer than 5 years, and may vest as determined at the Company's discretion at the time of grant. | ||||||||||||||
The Company granted 1,550,000 stock options pursuant to this plan during the six month period ended June 30, 2014. | ||||||||||||||
A summary of the shares reserved for grant and awards available for grant under each Stock Plan is as follows: | ||||||||||||||
30-Jun-14 | ||||||||||||||
Shares Reserved | Awards Available | |||||||||||||
for Grant | for Grant | |||||||||||||
Incentive Stock Plan | 4,000,000 | 1,785,000 | ||||||||||||
Stock Compensation Plan | 4,000,000 | 2,375,000 | ||||||||||||
8,000,000 | 4,160,000 | |||||||||||||
The Company issues awards to employees, qualified consultants and directors that generally vest over time based solely on continued employment or service during the related vesting period and are exercisable over a five to ten year service period. Options are generally granted with an exercise price equal to the market price of the Company's stock at the date of grant. | ||||||||||||||
The fair value of each stock-based award is estimated on the grant date using the Black-Scholes option-pricing model. Expected volatilities are based on the historical volatility of the Company's stock price. The expected term of options granted subsequent to the adoption ASC 718 is derived using the simplified method as defined in the SEC's SAB No. 107. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury interest rates in effect at the time of grant. The fair value of options granted was estimated using the following weighted-average assumptions: | ||||||||||||||
For the three month periods Ended June 30 | For the six month periods Ended June 30 | |||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||
Expected term (in years) | 5 | - | 5 | 5 | ||||||||||
Expected volatility | 125 | % | - | % | 125 | % | 99.1 | % | ||||||
Risk-free interest rate | 1.6 | % | - | % | 1.5 | % | 1 | % | ||||||
Dividend yield | 0 | % | - | % | 0 | % | 0 | % | ||||||
A summary of activity under the Stock Plans and changes during the six month period ended June 30, 2014 is presented below: | ||||||||||||||
Weighted-Average | ||||||||||||||
Shares | Exercise | Remaining | Aggregate | |||||||||||
Price | Contractual | Intrinsic | ||||||||||||
Term (Years) | Value | |||||||||||||
Outstanding at December 31, 2013 | 640,000 | $ | 0.22 | 1.63 | $ | - | ||||||||
Issued | 3,200,000 | 0.11 | - | - | ||||||||||
Cancelled/forfeited | - | - | ||||||||||||
Exercised | - | - | ||||||||||||
Outstanding at June 30, 2014 | 3,840,000 | $ | 0.13 | 4.16 | $ | - | ||||||||
Options expected to vest | 3,840,000 | $ | 0.13 | 4.16 | $ | - | ||||||||
Options exercisable at end of period | 597,500 | $ | 0.21 | 1.03 | $ | - | ||||||||
For the three month periods ended June 30, 2014 and 2013, the Company recognized $2,000 and $35,625 of stock-based compensation expense, respectively. For the six month periods ended June 30, 2014 and 2013, the Company recognized $5,765 and $77,133 of stock-based compensation expense, respectively. As of June 30, 2014 there was $33,656 of total unrecognized compensation cost, net of forfeitures, related to unvested employee and director stock option compensation arrangements. That cost is expected to be recognized on a straight-line basis over the next 4.16 weighted average years. |
Business_Segments
Business Segments | 6 Months Ended | |||||||||||||
Jun. 30, 2014 | ||||||||||||||
Business Segments [Abstract] | ' | |||||||||||||
Business Segments | ' | |||||||||||||
6. Business Segments | ||||||||||||||
Our business consists primarily of two integrated business segments: (i) marketing services and (ii) communications services. Our corporate administrative functions are tracked separately and the associated costs are not pushed down to the operating segments. The following table summarizes selected financial information for each operating segment: | ||||||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Three Months Ended June 30, 2014 | ||||||||||||||
Revenue | $ | 155,338 | $ | 47,803 | $ | - | $ | 203,141 | ||||||
Loss from continuing operations before tax | (34,518 | ) | (47,951 | ) | (299,999 | ) | (382,468 | ) | ||||||
Net loss | (34,518 | ) | (47,951 | ) | (299,999 | ) | (382,468 | ) | ||||||
Total assets | 133,765 | 92,063 | 356,439 | 582,267 | ||||||||||
Depreciation | - | 2,678 | 1 | 2,679 | ||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Three Months Ended June 30, 2013 | ||||||||||||||
Revenue | $ | 265,688 | $ | 35,480 | $ | - | $ | 301,168 | ||||||
Income (loss) from continuing operations before tax | 33,617 | (78,181 | ) | (1,116,760 | ) | (1,161,324 | ) | |||||||
Net (loss) income | 33,617 | 267,259 | (1,156,174 | ) | (855,298 | ) | ||||||||
Total assets | 155,662 | 7,588,329 | 67,291 | 7,811,282 | ||||||||||
Depreciation | 1,229 | 4,599 | 8,517 | 14,345 | ||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Six Months Ended June 30, 2014 | ||||||||||||||
Revenue | $ | 363,866 | $ | 118,674 | $ | - | $ | 482,540 | ||||||
Loss from continuing operations before tax | (24,037 | ) | (57,084 | ) | (534,540 | ) | (615,661 | ) | ||||||
Net loss | (24,037 | ) | (57,084 | ) | (534,540 | ) | (615,661 | ) | ||||||
Total assets | 133,765 | 92,063 | 356,439 | 582,267 | ||||||||||
Depreciation | - | 5,355 | 6,099 | 11,454 | ||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Six Months Ended June 30, 2013 | ||||||||||||||
Revenue | $ | 536,699 | $ | 76,224 | $ | - | $ | 612,923 | ||||||
Income (loss) from continuing operations before tax | 83,551 | (196,527 | ) | (1,625,618 | ) | (1,738,594 | ) | |||||||
Net (loss) income | 83,551 | 455,752 | (1,744,184 | ) | (1,204,881 | ) | ||||||||
Total assets | 155,662 | 7,588,329 | 67,291 | 7,811,282 | ||||||||||
Depreciation | 2,775 | 9,198 | 19,430 | 31,403 | ||||||||||
There were no intersegment sales. All of the Company's business activities are conducted within the United States geographic boundaries. |
Related_Party_Transactions
Related Party Transactions | 6 Months Ended |
Jun. 30, 2014 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions | ' |
7. Related Party Transactions | |
On March 30, 2011, the Company entered into a subordinated $389,942 promissory note (the "Senior Note") with Scott N. Beck, the Company's Chief Executive Officer. Interest on the outstanding principal amount under the Senior Note is payable at the Company's discretion at a rate of 6.25% per annum and monthly principal payments totaling $12,746 have been deferred until May 31, 2014. The Company did not make the regularly scheduled payments on May 31 or June 30, 2014, which constituted an event of default under the Senior Note. The Company's CEO has amended the note payable whereby he agreed to defer such late payments. The Company recorded interest of $6,540 and $9,650 on this facility during the three month periods ended June 30, 2014 and 2013, respectively and $12,910 and $18,961 on this facility during the six month periods ended June 30, 2014 and 2013, respectively. The balance of this note totaled $338,958 at June 30, 2014. | |
The Company is party to a lease agreement with 13101 Preston Road, LP pursuant to which it leases office space for its corporate headquarters. The limited partners of 13101 Preston Road, LP are trusts controlled by the family of the Company's Chief Executive Officer. The Company paid $7,500 and $12,500 in rent during the three month periods ended June 30, 2014 and 2013, respectively and paid $15,000 and $35,000 in rent during the six month periods ended June 30, 2014 and 2013, respectively. | |
In addition, the Company provides accounting, human resources and certain IT services to an entity controlled by the family of the Company's Chief Executive Officer for $5,000 per month. The Company received $15,000 from this entity during each of the three month periods ended June 30, 2014 and 2013 and $30,000 from this entity during each of the six month periods ended June 30, 2014 and 2013. |
Subsequent_Events
Subsequent Events | 6 Months Ended |
Jun. 30, 2014 | |
Subsequent Events [Abstract] | ' |
Subsequent Events | ' |
8. Subsequent Events | |
Subsequent to the date of the issuance of these statements, there were no occurrences that had a material impact on the financial statements. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policy) | 6 Months Ended |
Jun. 30, 2014 | |
Summary of Significant Accounting Policies [Abstract] | ' |
Use of Estimates | ' |
Use of Estimates | |
The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of the contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made by management include, among others, the realizability of accounts receivable, recoverability of property and equipment and valuation of stock-based compensation and deferred tax assets. Actual results could differ from these estimates. | |
Fair Value of Financial Instruments | ' |
Fair Value of Financial Instruments | |
Accounting Standards Codification ("ASC") No. 850 requires disclosure of fair value information about financial instruments when it is practicable to estimate that value. The carrying amount of the Company's cash and cash equivalents, accounts receivable, accounts receivable-related party, accounts payable, accounts payable-related party, accrued liabilities, and notes payable approximate their estimated fair values due to their short-term maturities. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial statements. | |
Revenue Recognition | ' |
Revenue Recognition | |
The Company recognizes revenue in accordance with Staff Accounting Bulletin ("SAB") No. 101, "Revenue Recognition in Financial Statements," as revised by SAB 104. As such, the Company recognizes revenue when persuasive evidence of an arrangement exists, title transfer has occurred, the price is fixed or readily determinable and collectibility is probable. Sales are recorded net of sales discounts. | |
At Enversa, revenue is recognized along with the related cost of revenue as services are delivered. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. Amounts billed to clients in advance of delivery of services are classified under current liabilities as deferred revenue. Revenue is also recognized monthly from domain leases. For T2 Communications, the majority of revenue is derived from month-to-month, bundled service contracts for the phone and internet services used by each customer. Revenue is recognized as the services are provided. | |
Income Taxes | ' |
Income Taxes | |
The Company accounts for income tax in accordance with ASC No. 740 which requires the use of the asset and liability method of accounting of income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. | |
Long-Lived Assets | ' |
Long-Lived Assets | |
The Company accounts for its long-lived assets in accordance with the ASC. The Company's only long-lived assets are a patent and property and equipment. The ASC requires a company to assess the recoverability of its long-lived assets whenever events and circumstances indicate the carrying value of an asset or asset group may not be recoverable from estimated future cash flows expected to result from its use and eventual disposition. The patent, which was issued on March 4, 2014, is currently being valued at its net realizable value of $0. Management does not believe that its fixed assets are impaired. No impairment charges have been recorded as of June 30, 2014. | |
Stock-Based Compensation | ' |
Stock-Based Compensation | |
The Company accounts for awards made under its two stock-based compensation plans pursuant to the fair value provisions of ASC No. 718. ASC No. 718 requires the recognition of stock-based compensation expense, using a fair-value based method, for costs related to all share-based payments including stock options. ASC No. 718 requires companies to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The Company accounts for stock-based compensation in accordance with ASC No. 718 and estimates its fair value based on using the Black-Scholes option pricing model. The Company's determination of fair value of share-based payment awards is made as of their respective dates of grant using that option pricing model and is affected by the Company's stock price as well as a number of subjective assumptions. These variables include, but are not limited to, the Company's expected stock price volatility over the term of the awards and actual and projected employee stock option exercise behavior. The expected term of options granted is derived from historical data on employee exercises and post-vesting employment termination behavior. The risk-free rate selected to value any particular grant is based on the U.S. Treasury rate that corresponds to the pricing term of the grant effective as of the date of the grant. The expected volatility is based on the historical volatility of the Company's stock price. These factors could change in the future, affecting the determination of stock-based compensation expense in future periods. The Black-Scholes option pricing model was developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because the Company's options have certain characteristics that are significantly different from traded options, the existing valuation models may not provide an accurate measure of the fair value of the Company's options. Although the fair value of the Company's options is determined in accordance with ASC No. 718 using an option-pricing model, that value may not be indicative of the fair value observed in a willing buyer/willing seller market transaction. The calculated compensation cost is recognized on a straight-line basis over the vesting period of the options. See also Note 6 Stock Based Compensation, for more details. | |
Reclassifications | ' |
Reclassifications | |
On April 29, 2014, the Company announced that it had changed its fiscal year end from April 30 to December 31. As such, these financial statements have been compiled in a manner to reflect the change in the Company's fiscal year end. Accordingly, certain prior year accounts have been reclassified to conform to the current year's presentation. |
Debt_Tables
Debt (Tables) | 6 Months Ended | |||||||
Jun. 30, 2014 | ||||||||
Debt [Abstract] | ' | |||||||
Schedule of Long-term Debt | ' | |||||||
As of | ||||||||
June 30, | December 31, | |||||||
2014 | 2013 | |||||||
Long-term Debt | ||||||||
Note payable to CEO; the note matures July 31, 2016. At June 30, 2014, the interest rate was 6.25%. This note is collateralized by all assets of the Company. See also note 8, Related Party Transactions. | 338,958 | 338,958 | ||||||
Total debt | 338,958 | 338,958 | ||||||
Less current portion of long-term debt | (101,968 | ) | (101,968 | ) | ||||
Non-current portion of long-term debt | $ | 236,990 | $ | 236,990 |
StockBased_Compensation_Tables
Stock-Based Compensation (Tables) | 6 Months Ended | |||||||||||||
Jun. 30, 2014 | ||||||||||||||
Stock-Based Compensation [Abstract] | ' | |||||||||||||
Schedule of Shares Reserved for Grant and Awards Available for Grant | ' | |||||||||||||
A summary of the shares reserved for grant and awards available for grant under each Stock Plan is as follows: | ||||||||||||||
30-Jun-14 | ||||||||||||||
Shares Reserved | Awards Available | |||||||||||||
for Grant | for Grant | |||||||||||||
Incentive Stock Plan | 4,000,000 | 1,785,000 | ||||||||||||
Stock Compensation Plan | 4,000,000 | 2,375,000 | ||||||||||||
8,000,000 | 4,160,000 | |||||||||||||
Schedule of Weighted-Average Assumptions | ' | |||||||||||||
The fair value of options granted was estimated using the following weighted-average assumptions: | ||||||||||||||
For the three month periods Ended June 30 | For the six month periods Ended June 30 | |||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||
Expected term (in years) | 5 | - | 5 | 5 | ||||||||||
Expected volatility | 125 | % | - | % | 125 | % | 99.1 | % | ||||||
Risk-free interest rate | 1.6 | % | - | % | 1.5 | % | 1 | % | ||||||
Dividend yield | 0 | % | - | % | 0 | % | 0 | % | ||||||
Schedule of Stock Plan Activity | ' | |||||||||||||
A summary of activity under the Stock Plans and changes during the six month period ended June 30, 2014 is presented below: | ||||||||||||||
Weighted-Average | ||||||||||||||
Shares | Exercise | Remaining | Aggregate | |||||||||||
Price | Contractual | Intrinsic | ||||||||||||
Term (Years) | Value | |||||||||||||
Outstanding at December 31, 2013 | 640,000 | $ | 0.22 | 1.63 | $ | - | ||||||||
Issued | 3,200,000 | 0.11 | - | - | ||||||||||
Cancelled/forfeited | - | - | ||||||||||||
Exercised | - | - | ||||||||||||
Outstanding at June 30, 2014 | 3,840,000 | $ | 0.13 | 4.16 | $ | - | ||||||||
Options expected to vest | 3,840,000 | $ | 0.13 | 4.16 | $ | - | ||||||||
Options exercisable at end of period | 597,500 | $ | 0.21 | 1.03 | $ | - | ||||||||
Business_Segments_Tables
Business Segments (Tables) | 6 Months Ended | |||||||||||||
Jun. 30, 2014 | ||||||||||||||
Business Segments [Abstract] | ' | |||||||||||||
Schedule of Financial Data by Reporting Segment | ' | |||||||||||||
The following table summarizes selected financial information for each operating segment: | ||||||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Three Months Ended June 30, 2014 | ||||||||||||||
Revenue | $ | 155,338 | $ | 47,803 | $ | - | $ | 203,141 | ||||||
Loss from continuing operations before tax | (34,518 | ) | (47,951 | ) | (299,999 | ) | (382,468 | ) | ||||||
Net loss | (34,518 | ) | (47,951 | ) | (299,999 | ) | (382,468 | ) | ||||||
Total assets | 133,765 | 92,063 | 356,439 | 582,267 | ||||||||||
Depreciation | - | 2,678 | 1 | 2,679 | ||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Three Months Ended June 30, 2013 | ||||||||||||||
Revenue | $ | 265,688 | $ | 35,480 | $ | - | $ | 301,168 | ||||||
Income (loss) from continuing operations before tax | 33,617 | (78,181 | ) | (1,116,760 | ) | (1,161,324 | ) | |||||||
Net (loss) income | 33,617 | 267,259 | (1,156,174 | ) | (855,298 | ) | ||||||||
Total assets | 155,662 | 7,588,329 | 67,291 | 7,811,282 | ||||||||||
Depreciation | 1,229 | 4,599 | 8,517 | 14,345 | ||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Six Months Ended June 30, 2014 | ||||||||||||||
Revenue | $ | 363,866 | $ | 118,674 | $ | - | $ | 482,540 | ||||||
Loss from continuing operations before tax | (24,037 | ) | (57,084 | ) | (534,540 | ) | (615,661 | ) | ||||||
Net loss | (24,037 | ) | (57,084 | ) | (534,540 | ) | (615,661 | ) | ||||||
Total assets | 133,765 | 92,063 | 356,439 | 582,267 | ||||||||||
Depreciation | - | 5,355 | 6,099 | 11,454 | ||||||||||
Marketing | Communications | Corporate | Consolidated | |||||||||||
Services | Services | Overhead | ||||||||||||
Six Months Ended June 30, 2013 | ||||||||||||||
Revenue | $ | 536,699 | $ | 76,224 | $ | - | $ | 612,923 | ||||||
Income (loss) from continuing operations before tax | 83,551 | (196,527 | ) | (1,625,618 | ) | (1,738,594 | ) | |||||||
Net (loss) income | 83,551 | 455,752 | (1,744,184 | ) | (1,204,881 | ) | ||||||||
Total assets | 155,662 | 7,588,329 | 67,291 | 7,811,282 | ||||||||||
Depreciation | 2,775 | 9,198 | 19,430 | 31,403 |
Summary_of_Significant_Account2
Summary of Significant Accounting Policies (Details) (USD $) | Mar. 04, 2014 |
Summary of Significant Accounting Policies [Abstract] | ' |
Value of patent issued | ' |
Debt_Details
Debt (Details) (USD $) | 6 Months Ended | |
Jun. 30, 2014 | Dec. 31, 2013 | |
Debt Instrument [Line Items] | ' | ' |
Total debt | $338,958 | $338,958 |
Less current portion of long-term debt | -101,968 | -101,968 |
Non-current portion of long-term debt | 236,990 | 236,990 |
Scott Beck, Chairman and Chief Executive Officer [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Total debt | $338,958 | $338,958 |
Maturity date | 31-Jul-16 | ' |
Interest rate | 6.25% | ' |
StockBased_Compensation_Narrat
Stock-Based Compensation (Narrative) (Details) (USD $) | 3 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended | 1 Months Ended | |||||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Aug. 31, 2007 | Jun. 30, 2014 | Aug. 17, 2007 | Aug. 17, 2007 | Aug. 31, 2007 | Jun. 30, 2014 | Aug. 17, 2007 | Aug. 31, 2007 | |
Incentive Stock Plan [Member] | Incentive Stock Plan [Member] | Incentive Stock Plan [Member] | Incentive Stock Plan [Member] | Incentive Stock Plan [Member] | Stock Compensation Plan [Member] | Stock Compensation Plan [Member] | Stock Compensation Plan [Member] | |||||
Minimum [Member] | Maximum [Member] | Maximum [Member] | ||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of shares authorized | ' | ' | ' | ' | ' | ' | 4,000,000 | ' | ' | ' | 4,000,000 | ' |
Options expiration period | ' | ' | ' | ' | '5 years | ' | ' | ' | ' | ' | ' | ' |
Vesting period | ' | ' | ' | ' | ' | ' | ' | ' | '5 years | ' | ' | '5 years |
Percentage of shares that vest annually | ' | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' | ' | ' |
Issued | ' | ' | 3,200,000 | ' | ' | 1,650,000 | ' | ' | ' | 1,550,000 | ' | ' |
Stock-based compensation | $2,000 | $35,625 | $5,765 | $77,133 | ' | ' | ' | ' | ' | ' | ' | ' |
Unrecognized compensation cost related to stock options | $33,656 | ' | $33,656 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unrecognized compensation cost, weighted-average recognition period, years | ' | ' | '4 years 1 month 28 days | ' | ' | ' | ' | ' | ' | ' | ' | ' |
StockBased_Compensation_Schedu
Stock-Based Compensation (Schedule of Shares Reserved) (Details) | Jun. 30, 2014 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Shares Reserved for Grant | 8,000,000 |
Awards Available for Grant | 4,160,000 |
Incentive Stock Plan [Member] | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Shares Reserved for Grant | 4,000,000 |
Awards Available for Grant | 1,785,000 |
Stock Compensation Plan [Member] | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' |
Shares Reserved for Grant | 4,000,000 |
Awards Available for Grant | 2,375,000 |
StockBased_Compensation_Schedu1
Stock-Based Compensation (Schedule of Assumptions) (Details) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
Stock-Based Compensation [Abstract] | ' | ' | ' | ' |
Expected term (in years) | '5 years | ' | '5 years | '5 years |
Expected volatility | 125.00% | ' | 125.00% | 99.10% |
Risk-free interest rate | 1.60% | ' | 1.50% | 1.00% |
Dividend yield | 0.00% | ' | 0.00% | 0.00% |
StockBased_Compensation_Schedu2
Stock-Based Compensation (Schedule of Stock Plan Activity) (Details) (USD $) | 6 Months Ended | 12 Months Ended |
Jun. 30, 2014 | Dec. 31, 2013 | |
Shares | ' | ' |
Outstanding, beginning | 640,000 | ' |
Issued | 3,200,000 | ' |
Cancelled/forfeited | ' | ' |
Exercised | ' | ' |
Outstanding, ending | 3,840,000 | 640,000 |
Options expected to vest | 3,840,000 | ' |
Options exercisable at end of period | 597,500 | ' |
Exercise Price | ' | ' |
Outstanding, beginning | $0.22 | ' |
Issued | $0.11 | ' |
Cancelled/forfeited | ' | ' |
Exercised | ' | ' |
Outstanding, ending | $0.13 | $0.22 |
Options expected to vest | $0.13 | ' |
Options exercisable at end of period | $0.21 | ' |
Remaining Contractual Term | ' | ' |
Remaining contractual term, options outstanding | '4 years 1 month 28 days | '1 year 7 months 17 days |
Remaining contractual term, options expected to vest | '4 years 1 month 28 days | ' |
Remaining contractual term, options exercisable at end of period | '1 year 11 days | ' |
Aggregate Intrinsic Value | ' | ' |
Outstanding, beginning | ' | ' |
Issued | ' | ' |
Outstanding, ending | ' | ' |
Options expected to vest | ' | ' |
Options exercisable at end of period | ' | ' |
Business_Segments_Details
Business Segments (Details) (USD $) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 | |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Revenue | $203,141 | $301,168 | $482,540 | $612,923 | ' |
Income (loss) from continuing operations before tax | -382,468 | -1,161,324 | -615,661 | -1,738,594 | ' |
Net loss | -382,468 | -855,298 | -615,661 | -1,204,881 | ' |
Total assets | 582,267 | 7,811,282 | 582,267 | 7,811,282 | 1,177,661 |
Depreciation and amortization | 2,679 | 14,345 | 11,454 | 31,403 | ' |
Marketing Services [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Revenue | 155,338 | 265,688 | 363,866 | 536,699 | ' |
Income (loss) from continuing operations before tax | -34,518 | 33,617 | -24,037 | 83,551 | ' |
Net loss | -34,518 | 33,617 | -24,037 | 83,551 | ' |
Total assets | 133,765 | 155,662 | 133,765 | 155,662 | ' |
Depreciation and amortization | ' | 1,229 | ' | 2,775 | ' |
Communications Services [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Revenue | 47,803 | 35,480 | 118,674 | 76,224 | ' |
Income (loss) from continuing operations before tax | -47,951 | -78,181 | -57,084 | -196,527 | ' |
Net loss | -47,951 | 267,259 | -57,084 | 455,752 | ' |
Total assets | 92,063 | 7,588,329 | 92,063 | 7,588,329 | ' |
Depreciation and amortization | 2,678 | 4,599 | 5,355 | 9,198 | ' |
Corporate Overhead [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Revenue | ' | ' | ' | ' | ' |
Income (loss) from continuing operations before tax | -299,999 | -1,116,760 | -534,540 | -1,625,618 | ' |
Net loss | -299,999 | -1,156,174 | -534,540 | -1,744,184 | ' |
Total assets | 356,439 | 67,291 | 356,439 | 67,291 | ' |
Depreciation and amortization | $1 | $8,517 | $6,099 | $19,430 | ' |
Related_Party_Transactions_Det
Related Party Transactions (Details) (USD $) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Mar. 30, 2011 | |
Scott Beck, Chairman and Chief Executive Officer [Member] | ' | ' | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' |
Debt instrument, face amount | ' | ' | ' | ' | $389,942 |
Interest rate | 6.25% | ' | 6.25% | ' | ' |
Periodic installments amount | ' | ' | 12,746 | ' | ' |
Periodic payments, frequency | ' | ' | 'Monthly | ' | ' |
Installments payments start date | ' | ' | 31-May-14 | ' | ' |
Interest expense | 6,540 | 9,650 | 12,910 | 18,961 | ' |
Notes payable, related parties | 338,958 | ' | 338,958 | ' | ' |
13101 Preston Road, LP [Member] | ' | ' | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' |
Rental expense | 7,500 | 12,500 | 15,000 | 35,000 | ' |
Entity Controlled by CEO's Family [Member] | ' | ' | ' | ' | ' |
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' |
Service revenue, monthly amount | 5,000 | ' | 5,000 | ' | ' |
Revenue from accounting, human resources, and IT services | $15,000 | $15,000 | $30,000 | $30,000 | ' |