Document_And_Entity_Informatio
Document And Entity Information (USD $) | 12 Months Ended | ||
Dec. 31, 2014 | Apr. 10, 2015 | Jun. 30, 2014 | |
Document and Entity Information [Abstract] | |||
Entity Registrant Name | Andalay Solar, Inc. | ||
Document Type | 10-K | ||
Current Fiscal Year End Date | -19 | ||
Entity Common Stock, Shares Outstanding | 398,153,951 | ||
Entity Public Float | $4,300,000 | ||
Amendment Flag | FALSE | ||
Entity Central Index Key | 1347452 | ||
Entity Current Reporting Status | Yes | ||
Entity Voluntary Filers | No | ||
Entity Filer Category | Smaller Reporting Company | ||
Entity Well-known Seasoned Issuer | No | ||
Document Period End Date | 31-Dec-14 | ||
Document Fiscal Year Focus | 2014 | ||
Document Fiscal Period Focus | FY |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Current assets: | ||
Cash | $61,542 | $150,081 |
Accounts receivable, net | 118,456 | 567,523 |
Other receivables | 21,378 | |
Inventory | 728,372 | 786,636 |
Prepaid expenses and other current assets | 280,066 | 317,510 |
Total current assets | 1,188,436 | 1,843,128 |
Property and equipment, net | 699 | 13,854 |
Patents, net | 1,131,327 | 1,244,712 |
Other assets, net | 240,478 | 363,711 |
Total assets | 2,560,940 | 3,465,405 |
Current liabilities: | ||
Accounts payable | 3,345,361 | 4,199,511 |
Accrued liabilities | 104,229 | 89,730 |
Deferred revenue | 15,450 | |
Accrued warranty | 938,466 | 1,312,918 |
Credit facility | 500,000 | 500,000 |
Capital lease obligations – current portion | 299 | |
Derivative liability – embedded conversion feature | 129,598 | 177,927 |
Note payable – short-term | 109,164 | 129,839 |
Convertible notes – short-term | 30,000 | 60,000 |
Total current liabilities | 5,172,268 | 6,470,224 |
Convertible notes | 343,499 | 382,084 |
Total liabilities | 5,515,767 | 6,852,308 |
Commitments and contingencies (Note 17) | 0 | 0 |
Stockholders’ deficit: | ||
Common stock, $0.001 par value; 500,000,000 shares authorized; 279,475,332 and 116,339,293 shares issued and outstanding as of December 31, 2014 and 2013, respectively | 279,475 | 116,339 |
Additional paid-in capital | 82,026,952 | 78,717,997 |
Accumulated deficit | -85,261,254 | -83,390,026 |
Total stockholders’ deficit | -2,954,827 | -4,409,466 |
Total liabilities, redeemable convertible preferred stock and stockholders’ deficit | 2,560,940 | 3,465,405 |
Series C Preferred Stock [Member] | ||
Current liabilities: | ||
Convertible redeemable preferred stock | 163,998 | |
Series D Preferred Stock [Member] | ||
Current liabilities: | ||
Convertible redeemable preferred stock | 858,565 | |
Series B Preferred Stock [Member] | ||
Stockholders’ deficit: | ||
Series B convertible redeemable preferred stock, $0.001 par value; 0 and 467 shares issued and outstanding as of December 31, 2014 and 2013, respectively | $146,224 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parentheticals) (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Common stock, par value (in Dollars per share) | $0.00 | $0.00 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 279,475,332 | 116,339,293 |
Common stock, shares outstanding | 279,475,332 | 116,339,293 |
Series C Preferred Stock [Member] | ||
Convertible redeemable preferred stock, par value (in Dollars per share) | $0.00 | $0.00 |
Convertible redeemable preferred stock, shares issued | 0 | 87 |
Convertible redeemable preferred stock, shares outstanding | 0 | 87 |
Series D Preferred Stock [Member] | ||
Convertible redeemable preferred stock, par value (in Dollars per share) | $0.00 | $0.00 |
Convertible redeemable preferred stock, shares issued | 0 | 860 |
Convertible redeemable preferred stock, shares outstanding | 0 | 860 |
Series B Preferred Stock [Member] | ||
Series B convertible redeemable preferred stock par value (in Dollars per share) | $0.00 | $0.00 |
Series B convertible redeemable preferred stock shares issued | 0 | 467 |
Series B convertible redeemable preferred stock shares outstanding | 0 | 467 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Net revenue | $1,288,985 | $1,124,836 |
Cost of goods sold | 1,191,390 | 1,121,612 |
Gross profit | 97,595 | 3,224 |
Operating Expenses | ||
Sales and marketing | 366,543 | 887,305 |
General and administrative | 2,263,086 | 2,377,703 |
Total operating expenses | 2,629,629 | 3,265,008 |
Loss from operations | -2,532,034 | -3,261,784 |
Other Income (Expense) | ||
Interest income (expense), net | -362,955 | -65,031 |
Adjustment to the fair value of embedded derivatives | -50,809 | 65,962 |
Adjustment to the fair value of common stock warrants | 9 | |
Settlement of prior debt owed | 769,148 | 420,000 |
Total other income, net | 355,384 | 420,940 |
Loss before provision for income taxes | -2,176,650 | -2,840,844 |
Provision for income taxes | 0 | 0 |
Net loss from continuing operations | -2,176,650 | -2,840,844 |
Gain from discontinued operations | 324,349 | 10,797 |
Net loss | -1,852,301 | -2,830,047 |
Preferred stock dividend | -18,927 | -153,305 |
Preferred deemed dividend | -875,304 | |
Net loss attributable to common stockholders | ($1,871,228) | ($3,858,656) |
Net loss per common and common equivalent share (basic and diluted) attributable to common shareholders (in Dollars per share) | ($0.01) | ($0.06) |
Weighted average shares used in computing loss per common share: (basic and diluted) (in Shares) | 203,814,897 | 69,170,957 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Redeemable Convertible Preferred Stock and Stockholders' Deficit (USD $) | Series C Preferred Stock [Member] | Series C Preferred Stock [Member] | Series C Preferred Stock [Member] | Series C Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series B Preferred Stock [Member] | Preferred Class B [Member] | Preferred Class B [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | |||||||
Balance at Dec. 31, 2012 | $983,747 | $741,171 | $26,919 | $76,455,045 | ($79,611,493) | ($2,388,343) | ||||||||||
Balance, Shares (in Shares) at Dec. 31, 2012 | 800 | 2,243 | 26,924,643 | |||||||||||||
Issuance of Series C convertible redeemable preferred stock for cash | 75,000 | 475,000 | ||||||||||||||
Issuance of Series C convertible redeemable preferred stock for cash, Shares (in Shares) | 75 | 950 | ||||||||||||||
Return of Series D convertible redeemable preferred stock | -80,123 | 80,123 | 80,123 | |||||||||||||
Return of Series D convertible redeemable preferred stock (in Shares) | -200 | |||||||||||||||
Issuance of Series D convertible redeemable preferred stock for payment of financial advisor fees | 230,000 | |||||||||||||||
Issuance of Series D convertible redeemable preferred stock for payment of financial advisor fees (in Shares) | 230 | |||||||||||||||
Preferred deemed dividend | 410,227 | 465,077 | -875,304 | -875,304 | ||||||||||||
Conversion of Convertible Redeemable preferred stock to common stock | -1,304,976 | 18,478 | 1,286,498 | 1,304,976 | -180,010 | 6,000 | 174,010 | 180,010 | -594,947 | 58,278 | 536,669 | |||||
Conversion of Convertible Redeemable preferred stock to common stock, Shares (in Shares) | -788 | 18,477,766 | -120 | 6,000,000 | -1,776 | 58,277,813 | ||||||||||
Convertible Redeemable Preferred Stock dividends paid in common stock | 4,313 | 148,992 | -153,305 | |||||||||||||
Convertible Redeemable Preferred Stock dividends paid in common stock, Shares (in Shares) | 4,310,661 | |||||||||||||||
Grant of warrant on issuance of convertible note | 53,623 | 53,623 | ||||||||||||||
Placement agent and registration fees and other direct costs | -51,379 | -40,602 | -40,602 | |||||||||||||
Grants of restricted stock, net of forfeitures and repurchases for employee taxes | 2,354 | -6,456 | -4,102 | |||||||||||||
Grants of restricted stock, net of forfeitures and repurchases for employee taxes, Shares (in Shares) | 2,348,410 | |||||||||||||||
Stock-based compensation | 110,200 | 110,200 | ||||||||||||||
Net loss | -2,830,047 | -2,830,047 | ||||||||||||||
Balance at Dec. 31, 2013 | 163,998 | 858,565 | 146,224 | 116,339 | 78,717,997 | -83,390,026 | -4,409,466 | |||||||||
Balance, Shares (in Shares) at Dec. 31, 2013 | 87 | 860 | 467 | 116,339,293 | ||||||||||||
Issuance of Series C convertible redeemable preferred stock for cash | 44,080 | 882,510 | 926,590 | |||||||||||||
Issuance of Series C convertible redeemable preferred stock for cash, Shares (in Shares) | 44,079,800 | |||||||||||||||
Conversion of Convertible Redeemable preferred stock to common stock | -163,998 | 4,333 | 159,665 | 163,998 | -858,565 | 43,000 | 815,565 | 858,565 | -146,224 | 21,020 | 125,204 | 50,439 | 957,880 | 1,008,319 | ||
Conversion of Convertible Redeemable preferred stock to common stock, Shares (in Shares) | -87 | 4,333,350 | -860 | 43,000,000 | -467 | 21,020,015 | 50,439,751 | |||||||||
Convertible Redeemable Preferred Stock dividends paid in common stock | 644 | 18,283 | -18,927 | |||||||||||||
Convertible Redeemable Preferred Stock dividends paid in common stock, Shares (in Shares) | 643,520 | |||||||||||||||
Grant of warrant on issuance of convertible note | 170,767 | 170,767 | ||||||||||||||
Placement agent and registration fees and other direct costs | -36,618 | -36,618 | ||||||||||||||
Grants of restricted stock, net of forfeitures and repurchases for employee taxes | -380 | -8,312 | -8,692 | |||||||||||||
Grants of restricted stock, net of forfeitures and repurchases for employee taxes, Shares (in Shares) | -380,397 | |||||||||||||||
Stock-based compensation | 224,011 | 224,011 | ||||||||||||||
Net loss | -1,852,301 | -1,852,301 | ||||||||||||||
Balance at Dec. 31, 2014 | $279,475 | $82,026,952 | ($85,261,254) | ($2,954,827) | ||||||||||||
Balance, Shares (in Shares) at Dec. 31, 2014 | 279,475,332 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Cash flows from operating activities | ||
Net loss | ($1,852,301) | ($2,830,047) |
Depreciation | 13,155 | 33,023 |
Amortization of patents | 113,385 | 113,071 |
Bad debt expense | 36,763 | 92,224 |
Adjustment to the fair value of embedded derivatives | 50,809 | -65,962 |
Accretion of interest on convertible notes | 168,708 | 21,889 |
Unrealized gain on fair value adjustment of common stock warrants | -9 | |
Stock-based compensation expense | 224,011 | 110,200 |
Non-cash settlement of prior debt owed | -769,148 | |
Changes in assets and liabilities: | ||
Accounts receivable | 412,304 | -293,902 |
Other receivables | 21,378 | 100,612 |
Inventory | 58,264 | 209,077 |
Prepaid expenses and other current assets | 158,544 | 246,669 |
Other assets | 123,233 | 1,706 |
Accounts payable | 324,998 | 1,159,974 |
Accrued liabilities and accrued warranty | -276,657 | -461,100 |
Deferred revenue | 15,450 | |
Net cash used in operating activities | -1,177,104 | -1,562,575 |
Cash flows from financing activities | ||
Borrowing on long-term debt | 600,000 | 650,000 |
Repayment of notes payable | -142,416 | -14,232 |
Borrowing on line of credit, net | 500,000 | |
Repayments on capital lease obligations | -299 | -4,414 |
Proceeds from securities purchase agreement | 676,590 | 550,000 |
Payment of placement agent and registration fees and other direct costs | -36,618 | -91,981 |
Employee taxes paid for vesting of restricted stock | -8,692 | -4,102 |
Net cash provided by financing activities | 1,088,565 | 1,585,271 |
Net (decrease) increase in cash | -88,539 | 22,696 |
Cash | ||
Beginning of year | 150,081 | 127,385 |
End of year | 61,542 | 150,081 |
Supplemental cash flows disclosures: | ||
Cash paid during the period for interest | 57,580 | 6,759 |
Supplemental disclosure of non-cash financing activity: | ||
Embedded derivatives on convertible note issuances | 122,630 | 243,889 |
Grant of warrant on issuance of convertible note | 170,767 | 53,623 |
Preferred deemed dividend | 875,304 | |
Conversion of preferred stock to common stock | 1,168,787 | 2,079,933 |
Conversion of convertible note to common stock | 786,551 | |
Preferred stock dividends paid in common stock | 18,927 | 153,305 |
Return of Series D convertible preferred stock | 80,123 | |
Embedded derivative converted to equity | 221,768 | |
Preferred stock issued for payment of financial advisor fees | 230,000 | |
Prepaid Expenses and Other Current Assets [Member] | ||
Supplemental disclosure of non-cash financing activity: | ||
Note issued | 121,100 | 144,071 |
Financial Advisory Services Fees [Member] | ||
Supplemental disclosure of non-cash financing activity: | ||
Note issued | 160,000 | 60,000 |
To Settle Claim [Member] | ||
Supplemental disclosure of non-cash financing activity: | ||
Common stock issued to settle claim | $250,000 |
Note_1_Description_of_Business
Note 1 - Description of Business | 12 Months Ended |
Dec. 31, 2014 | |
Disclosure Text Block [Abstract] | |
Business Description and Basis of Presentation [Text Block] | 1. Description of Business |
Andalay Solar, Inc. and its subsidiaries (Andalay Solar, the Company, we, us or our) is a designer and manufacturer of integrated solar power systems and solar panels with integrated microinverters (which we call AC solar panels). We design, market and sell these solar power systems to solar installers and do-it-yourself customers in the United States, Canada, the Caribbean and South America through distribution partnerships, our dealer network and retail outlets. Our products are designed for use in solar power systems for residential and commercial rooftop customers. Prior to September 2010, we were also in the solar power installation business, but decided to exit that business. Recently we have re-entered the solar power installation business. | |
In September 2007, we introduced our “plug and play” solar panel technology (under the brand name “Andalay”), which we believe significantly reduces the installation time and costs, and provides superior reliability and aesthetics, when compared to other solar panel mounting products and technology. Our panel technology offers the following features: (i) mounts closer to the roof with less space in between panels; (ii) no unsightly racks underneath or beside panels; (iii) built-in wiring connections; (iv) approximately 70% fewer roof-assembled parts and approximately 50% less roof-top labor required; (v) approximately 25% fewer roof attachment points; (vi) complete compliance with the National Electric Code and UL wiring and grounding requirements. We have seven U.S. patents (Patent No. 7,406,800, Patent No. 7,832,157, Patent No. 7,866,098, Patent No. 7,987,641, Patent No. 8,505,248, Patent No. 8,813,460, and Patent No. 8,938,919) that cover key aspects of our Andalay solar panel technology, as well as U.S. Trademark No. 3485653 for registration of the mark “Andalay Solar.” In addition to these U.S. patents, we have eight foreign patents. Currently, we have 15 issued patents and nine other pending U.S. and foreign patent applications that cover the Andalay technology working their way through the United States Patent and Trademark Office (“USPTO”) and foreign patent offices. | |
In February 2009, we began our strategic relationship with Enphase, a leading manufacturer of microinverters, to develop and market solar panel systems with ordinary AC house current output instead of high voltage DC output. We introduced Andalay AC panel products and began offering them to our customers in the second quarter of 2009. Andalay AC panels cost less to install, are safer, and generally provide higher energy output than ordinary DC panels. Andalay AC panels deliver 5-25% more energy compared to ordinary panels, produce safe household AC power, and have built-in panel level monitoring, racking, wiring, grounding and microinverters. With 80% fewer parts and 5 – 25% better performance than ordinary DC panels, we believe Andalay AC panels are an ideal solution for solar installers and do-it-yourself customers. | |
On May 7, 2012, we announced the execution of an agreement and plan of merger with CBD Energy Limited, an Australian corporation (CBD), which contemplated a merger in which CBD would become our parent company. The targeted completion of the merger was repeatedly delayed and on July 18, 2013 we terminated the merger. During such merger delays, our supply relationships had been disrupted, leading to a significant decline in our revenue and the implementation of significant cost reductions, including the lay-off of employees during the time we pursued the merger. Since the termination of the merger, we have been committed to focus our attention on rebuilding our core business, expanding our current product offering and exploring strategic opportunities. | |
In September 2013, we entered into a supply agreement for assembly of our proprietary modules with Tianwei New Energy Co, Ltd., (Tianwei) a panel supplier located in China. We began receiving initial shipments from Tianwei in February 2014 but ended our relationship in June 2014. | |
On July 16, 2014, we entered into an agreement for supply of solar photovoltaic (“PV”) modules with Auxin Solar Inc. These modules are assembled in the United States and we began distributing these panels from our new supplier in December 2014. | |
Prior to September 2010, we were also in the solar power system installation business and we had completed over 4,300 solar power installations for customers in California, New York, New Jersey, Pennsylvania, Colorado and Connecticut since the commencement of our operations in 2001. In early 2009, we closed our non-California offices on the east coast and in Colorado and began distributing our solar power systems to customers outside of California. In September 2010, we made the strategic decision to exit our California solar panel installation business and expand our solar panel distribution network to dealers and other installers in California, by far the largest solar market in the United States. However, we recently made the decision to re-enter the solar panel installation business on a limited basis. Our business is now focused on design and manufacturing activities, and sales of our solar power systems to solar installers, trade workers and retailers through distribution partnerships, our dealer network and retail home improvement outlets as well as installation of our panels. | |
We were incorporated in February 2001 as Akeena Solar, Inc. in the State of California and elected at that time to be taxed as an S corporation. During June 2006, we reincorporated in the State of Delaware and became a C corporation. On August 11, 2006, we entered into a reverse merger transaction with Fairview Energy Corporation, Inc. (“Fairview”). Pursuant to the merger, our stockholders received one share of Fairview common stock for each issued and outstanding share of our common stock. Our common shares were also adjusted from $0.01 par value to $0.001 par value at the time of the Merger. On May 17, 2010, we entered into an exclusive worldwide license agreement with Westinghouse, Inc, which permitted us to manufacture, distribute and market solar panels under the Westinghouse name and in connection therewith, on April 6, 2011, we changed our name to Westinghouse Solar, Inc. On April 13, 2011, we effected a reverse split of our common stock at a ratio of 1 – for – 4. On August 23, 2013, the license agreement with Westinghouse, Inc. was terminated and on September 19, 2013, we changed our name to our current name, Andalay Solar, Inc. and increased our number of authorized shares of common stock to 500,000,000. |
Note_2_Summary_of_Significant_
Note 2 - Summary of Significant Accounting Policies | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Accounting Policies [Abstract] | |||||||||
Significant Accounting Policies [Text Block] | 2. Summary of Significant Accounting Policies | ||||||||
Liquidity and Financial Position | |||||||||
We currently face challenges meeting the working capital needs of our business. Our primary requirements for working capital are to fund purchases for solar panels and microinverters, and to cover our payroll and lease expenses. We have incurred net losses and negative cash flows from operations for each of the years ended December 31, 2014 and 2013. During recent years, we have undertaken several equity and debt financing transactions to provide the capital needed to sustain our business. We have dramatically reduced our headcount and other variable expenses. As of December 31, 2014, we had approximately $62,000 in cash on hand. We intend to address ongoing working capital needs through sales of remaining inventory, along with raising additional debt and equity financing. In January 2013, our board of directors approved actions to dramatically reduce our variable operating costs, including a 12 person employee headcount reduction effective January 15, 2013, for the period through the anticipated merger closing with CBD, which was terminated in July 2013. No restructuring charges or severance payments were incurred. Our revenue levels remain difficult to predict, and as we anticipate we will continue to sustain losses in the near term, we cannot assure investors that we will be successful in reaching break-even. | |||||||||
During 2012, because of our cash position and liquidity constraints, we were late in making payments to both of our former panel suppliers, Suntech and Lightway. We currently have no unshipped orders from these suppliers. In September 2013, we entered into a supply agreement for assembly of our proprietary modules with Tianwei New Energy Co, Ltd., a panel supplier located in China. We began receiving product from Tianwei in February 2014 and stopped as of June 2014. In July 2014, we entered into a supply agreement for assembly of our proprietary modules with Auxin Solar, Inc., a panel supplier located in the United States. In December 2014, we began distributing panels from our new supplier. Although we believe we can find alternative suppliers for solar panels manufactured to our specifications, our operations would be disrupted unless we are able to rapidly secure alternative sources of supply, our inventory and revenue could diminish significantly, causing disruption to our operations. | |||||||||
The accompanying consolidated financial statements have been prepared assuming we will continue as a going concern. Our significant operating losses, negative cash flow from operations, and challenges in rapidly securing alternative sources of supply for solar panels, raise substantial uncertainty about our ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty, and contemplate the realization of assets and the settlement of liabilities and commitments in the normal course of business. There can be no assurance that we will be able to raise additional funds on commercially reasonable terms, if at all. There is uncertainty to our anticipated revenue levels and to the timing of cash receipts, which are needed to support our operations. It also worsens the market conditions for seeking equity and debt financing. We currently anticipate that we will retain all of our earnings, if any, for development of our business and do not anticipate paying any cash dividends on common stock in the foreseeable future. | |||||||||
Convertible Notes payable | |||||||||
On August 30, 2013, we entered into a securities purchase agreement with Alpha Capital Anstalt (“Alpha Capital”) relating to the sale and issuance of a convertible note in the principal amount of $200,000 that matures August 29, 2015 (the "Convertible Note"). Subsequently, on November 25, 2013 and December 19, 2013, we entered into additional securities purchase agreements with Alpha Capital relating to the sale and issuance of convertible notes in the principal amount of $200,000 and $250,000, respectively, which mature on November 25, 2015 and December 19, 2015. On January 27, 2014, we issued a convertible note in the principal amount of $100,000 that matures on January 27, 2016 under the Securities Purchase Agreement we entered into with Alpha Capital on December 19, 2013. In connection with the issuance of the December 19, 2013 convertible note, we also issued 6,250,000 warrants to purchase shares of our common stock at a price of $0.02 per share. On February 25, 2014, we entered into a Securities Purchase Agreement with the Alpha Capital related to the sale and issuance of a convertible note in the principal amount of $200,000 that matures on February 25, 2016. In connection with the issuance of the February 25, 2014 convertible note, we issued 5,000,000 warrants to purchase shares of our common stock at a price of $0.02 per share. On March 18, 2014, we entered into a Securities Purchase Agreement with the Alpha Capital related to the sale and issuance of a convertible note in the principal amount of $300,000 that matures on March 18, 2016. In connection with the March 18, 2014 convertible note, we issued a five–year warrant to purchase 7,500,000 shares of our common stock at an exercise price of $.02 per share. Each of the Convertible Notes bear interest at the rate of 8% per annum compounded annually, are payable at maturity and the principal and interest outstanding under the convertible notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02 per share, subject to adjustment upon the happening of certain events, including stock dividends, stock splits and the issuance of common stock equivalents at a price below the conversion price. Subject to our fulfilling certain conditions, including beneficial ownership limits, the convertible notes are subject to a mandatory conversion if the closing price of our common stock for any 20 consecutive days commencing six months after the issue date of the convertible notes equal or exceeds $0.04 per share. Unless waived in writing by the purchaser, no conversion of the convertible notes can be effected to the extent that as a result of such conversion the purchaser would beneficially own more than 9.99% in the aggregate of our issued and outstanding common stock immediately after giving effect to the issuance of common stock upon conversion. | |||||||||
We have the option of repaying the outstanding principal amount of the convertible notes, in whole or in part, by paying the purchaser a sum of money equal to one hundred and twenty percent (120%) of the principal together with accrued but unpaid interest upon 30 days’ notice, subject to certain beneficial ownership limits. For so long as we have any obligation under the convertible notes, we have agreed to certain restrictions regarding, among other things, incurrence of additional debt, liens, amendments to charter documents, repurchase of stock, payment of cash dividends, affiliated transactions. We are also prohibited from entering into certain variable priced agreements until the convertible notes are repaid in full. | |||||||||
Because of certain down-round protection in the conversion rate of the convertible notes, we determined that the derivative liability related to the embedded conversion feature met the criteria for bifurcation. Accordingly, we recognized an aggregate liability of $123,000 on the three issuance dates during the year ended December 31, 2014. This was in addition to the carrying value of the derivative liability on three previously recorded derivatives of $178,000. The derivative liability is carried at fair value with changes in the fair value reflected in the “Adjustment to the fair value of embedded derivatives” line item of our condensed consolidated statements of operations. We recognized a non-cash benefit for the year ended December 31, 2014 of $51,000 on a total of six convertible notes. | |||||||||
In addition, the relative fair value of the warrants issued in the December 2013 convertible note issuance of $250,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 149.1%, a risk free interest rate of 0.7% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $109,000 is being accreted to interest using the effective interest method. The relative fair value of the warrants issued in the February 2014 convertible note issuance of $200,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 169.1, a risk free interest rate of 0.7% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $101,000 is being accreted to interest using the effective interest method. The relative fair value of the warrants issued in the March 2014 convertible note issuance of $300,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 168.8%, a risk free interest rate of 0.8% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $154,000 is being accreted to interest using the effective interest method. | |||||||||
On November 1 and December 1, 2013, and on January 1, February 1 and March 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $30,000 each for a total of $150,000, which mature on October 31, November 30 and December 31, 2014, and on January 31 and February 28, 2015, respectively. On April 1, May 1 and June 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $20,000 each, for a total of $60,000, which mature on March 31, April 30 and May 31, 2015, respectively. On July 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $10,000, which matures on June 30, 2015. Each of the Convertible Notes bear interest at the rate of 8% per annum compounded annually, are payable at maturity and the principal and interest outstanding under the convertible notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02 per share. Unless waived in writing by the purchaser, no conversion of the convertible notes can be effected to the extent that as a result of such conversion the purchaser would beneficially own more than 9.99% in the aggregate of our issued and outstanding common stock immediately after giving effect to the issuance of common stock upon conversion. During 2014, convertible notes in the principal amount of approximately $940,000, along with accrued interest of $68,319, were converted into 50,439,751 shares of our common stock. | |||||||||
Line of credit | |||||||||
On September 30, 2013, we entered into a loan and security agreement with Alpha Capital Anstalt and Collateral Services, LLC to provide financing, on a discretionary basis, for one year, against our accounts receivable and inventory. The maximum amount that can be borrowed under the Agreement is $500,000. We have the right to borrow up to 80% of our eligible accounts receivable, not in excess of $200,000, 50% of the value of our raw materials in inventory, 65% of our finished goods inventory and 95% of cash, but not in the aggregate amount in excess of $300,000. The advances are secured by a lien on all of our assets. All advances under the agreement bear interest at a per annum rate of 12% and monthly interest shall be a minimum of $500. At the time of initial funding we paid a loan fee of 50 shares of our Series D Preferred Shares to the lender, in addition to other payments for legal fees. In addition, we paid the collateral agent an initial fee of $5,000 and have agreed to pay an administrative fee to the collateral agent of 0.5% per month of the daily balance during the preceding month or $500 whichever is less. In the event that of a prepayment, we are obligated to pay a prepayment fee in an amount equal to one-half of one percent (0.5%) of $500,000. On September 30, 2013, we requested and received an initial borrowing under the Agreement totaling $350,000. Subsequently, on October 21, 2013, we requested and received an additional $100,000 and on November 20, 2013, we requested and received an additional $50,000. As of December 31, 2014, the balance outstanding under our line of credit was $500,000. On February 27, 2015, we agreed to extend the term of the agreement for one year, and to exchange the $500,000 plus interest owing under the agreement for a one year, 8%, convertible note. We are no longer able to make borrowings under the line of credit agreement. | |||||||||
Cash and Cash Equivalents | |||||||||
We consider all highly liquid investments with maturities of three months or less, when purchased, to be cash equivalents. At certain times, such amounts exceed FDIC insurance limits. We have not experienced any losses on these investments. As of December 31, 2014 and 2013, we had no cash equivalents. | |||||||||
Accounts Receivable | |||||||||
Accounts receivable consist of trade receivables. We regularly evaluate the collectability of our accounts receivable. An allowance for doubtful accounts is maintained for estimated credit losses. We consider a number of factors when estimating credit losses, including the aging of a customer’s account, creditworthiness of specific customers, historical trends and other information. | |||||||||
Inventory | |||||||||
Inventory is stated at the lower of cost (on an average basis) or market value. We determine cost based on the weighted-average purchase price and include both the costs of acquisition and the shipping costs in inventory. We regularly review the cost of inventory against its estimated market value and record a lower of cost or market write-down to cost of goods sold, if any inventory has a cost in excess of estimated market value. | |||||||||
Property and Equipment | |||||||||
Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are provided for using the straight-line method over the estimated useful lives of the respective assets. | |||||||||
Estimated useful lives are as follows: | |||||||||
Category | Useful Lives (years) | ||||||||
Office Equipment | 2 | - | 5 | ||||||
Vehicles | 3 | - | 5 | ||||||
Leasehold Improvements | 2 | ||||||||
Maintenance and repairs are expensed as incurred. Expenditures for significant renewals or betterments are capitalized. Upon disposition, the cost and related accumulated depreciation are removed from the accounts and the resulting gain or loss is reflected in current operations. | |||||||||
Long-Lived Assets | |||||||||
We review long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of a long-lived asset may not be recoverable. We periodically evaluate whether events and circumstances have occurred that may warrant revision of the estimated useful lives of our long-lived assets or whether the remaining balance of long-lived assets should be evaluated for possible impairment. We do not believe that there were any indicators of impairment that would require an adjustment to such assets or their estimated periods of recovery at December 31, 2014 and 2013. | |||||||||
Patent Costs | |||||||||
We capitalize external legal costs and filing fees associated with obtaining or defending our patents. Upon issuance of new patents or successful defense of existing patents, we amortize these costs using the straight line method over the shorter of the legal life of the patent or its economic life. We believe the remaining useful life we assign to these patents, approximately 10 years as of December 31, 2014, are reasonable. We periodically review our patents to determine whether any such cost have been impaired and are no longer being used. To the extent we are no longer using certain patents, the associated costs will be written off at that time. | |||||||||
Costs associated with patents currently held are approximately $1.1 million, net of approximately $314,000 of accumulated amortization, are included in patents, net as of December 31, 2014, and are being amortized over the estimated useful life, which was determined to be seventeen years. Amortization expense of patents was approximately $113,000 in each of the years ended December 31, 2014 and 2013. Estimated amortization expense of patents for the five years subsequent to December 31, 2013, is approximately $113,000 per year. Capitalized filing fees associated with obtaining new patents not yet issued and defense of existing patents (not yet resolved) of approximately $141,000 are included in other assets as December 31, 2014. | |||||||||
Discontinued Operations | |||||||||
Discontinued operations are presented and accounted for in accordance with Accounting Standards Codification (ASC) 360, “Impairment or Disposal of Long-Lived Assets,” (ASC 360). When a qualifying component of the Company is disposed of or has been classified as held for sale, the operating results of that component are removed from continuing operations for all periods presented and displayed as discontinued operations if: (a) elimination of the component’s operations and cash flows from the Company’s ongoing operations has occurred (or will occur) and (b) significant continuing involvement by the Company in the component’s operations does not exist after the disposal transaction. | |||||||||
On September 10, 2010, we announced that we were exiting the solar panel installation business. The exit from the installation business was essentially completed at the end of the fourth quarter of 2010. The exit from the installation business was therefore classified as discontinued operations for all periods presented under the requirements of ASC 360. | |||||||||
We re-entered the residential and commercial installation business in the fourth quarter 2014. As a result of re-entering the installation business, we reclassified our discontinued operations into continuing operations. | |||||||||
Reclassifications | |||||||||
Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. | |||||||||
Manufacturer and Installation Warranties | |||||||||
The manufacturer directly warrants the solar panels and inverters for a range from 15 to 25 years. We warrant the balance of system components of our products against defects in material and workmanship for five years. We assist our customers in the event of a claim under the manufacturer warranty to replace a defective solar panel or inverter. The warranty liability for the material and the workmanship of the balance of system components of approximately $371,000 as of December 31, 2014 and $345,000 as of December 31, 2013, is included within “Accrued warranty” in the accompanying consolidated balance sheets. | |||||||||
The liability for our manufacturing warranty consists of the following: | |||||||||
Years Ended | |||||||||
2014 | 2013 | ||||||||
Beginning accrued warranty balance | $ | 1,312,918 | $ | 1,372,342 | |||||
Reduction for labor payments and claims made under the warranty | (75,966 | ) | (79,134 | ) | |||||
Accruals related to warranties issued during the period | 25,863 | 19,710 | |||||||
Adjustment to warranty liability for discontinued operations | (324,349 | ) | — | ||||||
Ending accrued warranty balance | $ | 938,466 | $ | 1,312,918 | |||||
We previously recorded a provision for warranty liability related to our discontinued installation operations. We provided for a 5-year or a 10-year warranty on the installation of a system and all equipment and incidental supplies other than solar panels and inverters that are covered under the manufacturer warranty. During the year ended December 31, 2014, we re-evaluated our warranty liability related to our discontinued installation operations right before and in conjunction with re-entering the installation operations, we reduced the liability by approximately $324,000. This reduction to the liabilities for discontinued operations was recorded as a gain from operations of discontinued operations. The remaining warranty liability related to our previously discontinued operations was reclassified into current liabilities and has been included in “Accrued warranty.” Defective solar panels or inverters are covered under the manufacturer warranty. In the event that a panel or inverter needs to be replaced, we will replace the defective item within the manufacturer’s warranty period (between 5-25 years). | |||||||||
Fair Value of Financial Instruments | |||||||||
The carrying values reported for cash equivalents, accounts receivable, accounts payable, accrued liabilities and the outstanding credit facility approximated their respective fair values at each balance sheet date due to the short-term maturity of these financial instruments. | |||||||||
Revenue Recognition | |||||||||
Revenue from sales of products is recognized when: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the sale price is fixed or determinable, and (4) collection of the related receivable is reasonably assured. We recognize revenue when the solar power systems are shipped to the customer. Revenue from installation of a system is recognized when (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the sales price is fixed or determinable, and (4) collection of the related receivable is reasonably assured. In general, we recognize revenue upon completion of a system installation for residential installations and we recognize revenue under the percentage-of-completion method for commercial installations. Revenue recognition methods for revenue streams that fall under other categories are determined based on facts and circumstances. | |||||||||
Stock-based Compensation | |||||||||
We apply the fair value method under Accounting Standards Codification (ASC) 718 in accounting for our 2001 Stock Option Plan and our 2006 Stock Incentive Plan. Under ASC 718, compensation cost is measured at the grant date based on the fair value of the equity instruments awarded and is recognized over the period during which an employee is required to provide service in exchange for the award, or the requisite service period, which is usually the vesting period. The fair value of the equity award granted is estimated on the date of the grant. | |||||||||
Advertising | |||||||||
We expense advertising costs as incurred. Advertising expense, included in “Sales and marketing expenses,” for the years ended December 31, 2014 and 2013, was approximately $15,000 and $16,000, respectively. | |||||||||
Research and Development Costs | |||||||||
Research and development expenses, which include the cost of activities that are useful in developing new products, processes or techniques, as well as expenses for activities that may significantly improve existing products or processes are expensed as incurred. In the years ended December 31, 2014 and 2013, we expensed approximately $178,000 and $243,000, respectively, in costs related to research and development activities that are included under general and administrative expenses on the consolidated statements of operations. | |||||||||
Shipping and Handling Costs | |||||||||
Shipping and handling costs associated with inbound freight are included in cost of inventory and expensed as cost of goods sold when the related inventory is sold. | |||||||||
Income Taxes | |||||||||
Deferred income taxes arise from timing differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. A deferred tax asset valuation allowance is recorded when it is more likely than not that deferred tax assets will not be realized. Utilization of net operating loss carryforwards may be subject to a substantial annual limitation due to ownership change limitations provided by the Internal Revenue Code. The annual limitation may result in the expiration of net operating loss carryforwards before utilization. We apply the provisions of ASC 740, formerly FASB Interpretation No. 48, “Accounting for Uncertainty in Income Taxes” (FIN 48). We recognize the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting this standard, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. | |||||||||
Earnings Per Share | |||||||||
We follow Accounting Standards Codification (ASC) 260 (ASC 260), “Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities” (the “Staff Position”), which states that unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities and shall be included in the computation of net income (loss) per share pursuant to the two-class method described in ASC, Earnings Per Share. | |||||||||
In accordance with the Staff Position, basic net income (loss) per share is computed by dividing net income (loss), excluding net income (loss) attributable to participating securities, by the weighted average number of shares outstanding less the weighted average unvested restricted shares outstanding. Diluted net income (loss) per share is computed by dividing net income (loss), excluding net income (loss) attributable to participating securities, by the denominator for basic net income (loss) per share and any dilutive effects of stock options, restricted stock, convertible notes and warrants. | |||||||||
The following table sets forth the computation of basic and diluted net loss per share: | |||||||||
Year Ended | |||||||||
December 31, | |||||||||
2014 | 2013 | ||||||||
Basic: | |||||||||
Numerator: | |||||||||
Net loss | $ | (1,852,301 | ) | $ | (2,830,047 | ) | |||
Preferred deemed dividend and preferred stock dividend | (18,927 | ) | (1,028,609 | ) | |||||
Less: Net loss allocated to participating securities | 6,005 | 12,503 | |||||||
$ | (1,865,223 | ) | $ | (3,846,153 | ) | ||||
Denominator: | |||||||||
Weighted-average shares outstanding | 204,471,018 | 69,477,915 | |||||||
Weighted-average unvested restricted shares outstanding | (656,121 | ) | (306,958 | ) | |||||
Denominator for basic net loss per share | 203,814,897 | 69,170,957 | |||||||
Basic net loss per share attributable to common stockholders | $ | (0.01 | ) | $ | (0.06 | ) | |||
The following table sets forth potential shares of common stock at the end of each period presented that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive: | |||||||||
31-Dec-14 | 31-Dec-13 | ||||||||
Stock options outstanding | 37,034,483 | 5,368,233 | |||||||
Unvested restricted stock | 7,186 | 1,890,952 | |||||||
Warrants to purchase common stock | 22,148,045 | 9,648,045 | |||||||
Preferred stock convertible into common stock | — | 68,353,582 | |||||||
Segment Reporting | |||||||||
Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by management in deciding how to allocate resources and in assessing performance. We are engaged in two business segments; (i) we sell our AC solar panels to solar installers, trade workers and do-it-yourself customers through distribution partnerships, our dealer network and retail outlets, and (ii) we market, sell, design and install systems for residential and commercial customers. Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by management in deciding how to allocate resources and in assessing performance. We re-entered the residential and commercial installation business in the fourth quarter 2014, and we do not report separate segment information because these sales are not material for the year ended December 31, 2014. | |||||||||
Use of Estimates | |||||||||
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |||||||||
Principles of Consolidation | |||||||||
The accompanying consolidated financial statements include the accounts of Andalay Solar and Fairview, pursuant to the Merger as described in Note 1. We also have two wholly-owned subsidiaries as of December 31, 2014 and 2013. Akeena Corp. is a wholly-owned subsidiaries of Andalay Solar, Inc. All inter-company accounts have been eliminated in consolidation. | |||||||||
Recent Accounting Pronouncements | |||||||||
In April 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity" (ASU 2014-08). ASU 2014-08 changes the criteria for reporting discontinued operations by requiring that in order for a disposal to qualify as a discontinued operation, the disposal must represent a strategic shift that has (or will have) a major effect on the entity's operations and financial results. ASU 2014-08 also requires additional disclosures both for discontinued operations and individually significant components of an entity that do not qualify as discontinued operations. ASU 2014-08 is effective for annual and interim periods beginning on or after December 15, 2014, with early adoption permitted. We adopted the provisions of ASU 2014-08 and such adoption did not have a material impact on our consolidated financial statements. | |||||||||
In May 2014, as part of its ongoing efforts to assist in the convergence of U.S. GAAP and International Financial Reporting Standards (“IFRS”), the FASB issued ASU 2014-09, “Revenue from Contracts with Customers.” The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP. The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects in exchange for the goods or services. The standard also requires more detailed disclosures and provides additional guidance for transactions that were not addressed completely in the prior accounting guidance. The ASU provides alternative methods of initial adoption and is effective for annual and interim periods beginning after December 15, 2016. We are currently evaluating the impact that this standard will have on our consolidated financial statements. | |||||||||
In June 2014, the FASB issued ASU No. 2014-12, "Compensation – Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved After a Requisite Service Period" ("ASU 2014-12") Companies commonly issue share-based payment awards that require a specific performance target to be achieved in order for employees to become eligible to vest in the awards. ASU 2014-12 requires that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. 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. ASU 2014-12 will be effective for the Company's fiscal years beginning fiscal 2016 and interim reporting periods within that year, using either the retrospective or prospective transition method. Early adoption is permitted. We are currently evaluating the effect of the adoption of this guidance on the condensed consolidated financial statements. | |||||||||
In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements – Going Concern: Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern" ("ASU 2014-15"), to provide guidance on management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Since ASU 2014-15 only impacts financial statement disclosure requirements regarding whether there is substantial doubt about an entity's ability to continue as a going concern, we do not expect its adoption to have an impact on our consolidated financial statements. |
Note_3_Discontinued_Operations
Note 3 - Discontinued Operations | 12 Months Ended |
Dec. 31, 2014 | |
Discontinued Operations and Disposal Groups [Abstract] | |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 3. Discontinued Operations |
On September 10, 2010, we announced that we were exiting the solar panel installation business and we were expanding our distribution business to include sales of our Andalay Solar Power Systems directly to dealers in California. The exit from the installation business was essentially completed by the end of 2010. As a result of the decision to exit the California installation business we recorded a restructuring charge totaling approximately $3.0 million for the year ended December 31, 2010, the majority of which were non-cash charges. This restructuring charge was comprised primarily of (i) one-time severance costs of $765,000 related to headcount reductions paid primarily in shares of our common stock, (ii) inventory write downs of $948,000, (iii) lease accelerations and the write off of leasehold improvements of $307,000, (iv) goodwill impairment of $299,000, (v) vehicle, furniture and fixtures and computer equipment write downs of $290,000 and (vi) other prepaid costs write-downs of $367,000. During the year ended December 31, 2010, we recorded a loss from discontinued operations of $6.5 million. | |
During the year ended December 31, 2014, we re-evaluated our warranty liability related to our discontinued installation operations right before and in conjunction with re-entering the installation operations, and reduced the liability by approximately $324,000. This reduction to the liabilities for discontinued operations was recorded as a gain from operations of discontinued operations. The remaining warranty liability related to our previously discontinued operations was reclassified into current liabilities and has been included in “Accrued warranty.” | |
We entered into a Supply and Warranty Agreement and Master Assignment Agreement with Real Goods Solar, Inc. (Real Goods), pursuant to which Real Goods has agreed to perform certain warranty work. The terms of the agreement provide that an escrow account be established as a source of funds from which to satisfy our obligation to pay Real Goods for its fees and reimburse it for its expenses for this warranty work. In March 2011, we entered into an Escrow Agreement with Real Goods and deposited $200,000 into an escrow account. The amount is reflected in other assets in the consolidated balance sheets. The escrow deposit will be released to us in the amount of $40,000, or one-fifth of the remaining escrow funds, per year after each of the fifth through the ninth anniversary of the escrow agreement. In December 2014, $110,000 of the funds in escrow were returned by Real Goods. |
Note_4_Accounts_Receivable
Note 4 - Accounts Receivable | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Receivables [Abstract] | |||||||||||||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Accounts Receivable | ||||||||||||||||
Accounts receivable consists of the following: | |||||||||||||||||
December 31, | December 31, | ||||||||||||||||
2014 | 2013 | ||||||||||||||||
Trade accounts | $ | 154,172 | $ | 575,375 | |||||||||||||
Less: Allowance for bad debts | (24,882 | ) | (2,899 | ) | |||||||||||||
Less: Allowance for returns | (10,834 | ) | (4,953 | ) | |||||||||||||
$ | 118,456 | $ | 567,523 | ||||||||||||||
The following table summarizes the allowance for doubtful accounts as of December 31, 2014 and 2013: | |||||||||||||||||
Balance as of Beginning of Period | Provisions, net | Write-Off | Balance as of End of Period | ||||||||||||||
Year ended December 31, 2014 | $ | 2,899 | $ | 36,763 | $ | (14,780 | ) | $ | 24,882 | ||||||||
Year ended December 31, 2013 | $ | 108,750 | $ | 92,224 | $ | (198,075 | ) | $ | 2,899 | ||||||||
Note_5_Inventory
Note 5 - Inventory | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Inventory Disclosure [Abstract] | |||||||||
Inventory Disclosure [Text Block] | 5. Inventory | ||||||||
Inventory consists of the following: | |||||||||
December 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Finished goods | $ | 669,706 | $ | 654,970 | |||||
Work in process | 58,666 | 131,666 | |||||||
$ | 728,372 | $ | 786,636 | ||||||
Note_6_Prepaid_Expenses_and_Ot
Note 6 - Prepaid Expenses and Other Current Assets | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Disclosure Text Block Supplement [Abstract] | |||||||||
Other Current Assets [Text Block] | 6. Prepaid expenses and other current assets | ||||||||
Prepaid expenses and other current assets consist of the following: | |||||||||
December 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Prepaid insurance | $ | 116,243 | $ | 152,812 | |||||
Prepaid - other | 46,471 | 68,906 | |||||||
Vendor deposits | 117,352 | 95,792 | |||||||
$ | 280,066 | $ | 317,510 | ||||||
Note_7_Property_and_Equipment_
Note 7 - Property and Equipment, Net | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Property, Plant and Equipment [Abstract] | |||||||||
Property, Plant and Equipment Disclosure [Text Block] | 7. Property and Equipment, Net | ||||||||
Property and equipment, net consist of the following: | |||||||||
December 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Office equipment | $ | 436,051 | $ | 436,051 | |||||
Leasehold improvements | 123,278 | 123,278 | |||||||
Vehicles | 17,992 | 17,992 | |||||||
577,321 | 577,321 | ||||||||
Less: Accumulated depreciation and amortization | (576,622 | ) | (563,467 | ) | |||||
$ | 699 | $ | 13,854 | ||||||
Depreciation expense for the years ended December 31, 2014 and 2013 was approximately $13,155 and $33,000, respectively. Depreciation expense related to leasehold improvements and equipment in our warehouse is allocated to cost of goods sold. All other depreciation is included in general and administrative expense. |
Note_8_Accrued_Liabilities
Note 8 - Accrued Liabilities | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Payables and Accruals [Abstract] | |||||||||
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | 8. Accrued Liabilities | ||||||||
Accrued liabilities consist of the following: | |||||||||
December 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Accrued salaries, wages, benefits and bonus | $ | 45,586 | $ | 45,456 | |||||
Sales tax payable | 662 | 4,409 | |||||||
Customer deposit payable | 41,265 | 580 | |||||||
Accrued interest | 5,683 | 6,288 | |||||||
Other accrued liabilities | 11,033 | 32,997 | |||||||
$ | 104,229 | $ | 89,730 | ||||||
Note_9_Convertible_Notes_Payab
Note 9 - Convertible Notes Payable and Credit Facility | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Debt Disclosure [Abstract] | |||||||||
Debt Disclosure [Text Block] | 9. Convertible Notes Payable and Credit Facility | ||||||||
Convertible Notes payable | |||||||||
On August 30, 2013, we entered into a securities purchase agreement with Alpha Capital Anstalt (“Alpha Capital”) relating to the sale and issuance of a convertible note in the principal amount of $200,000 that matures August 29, 2015 (the "Convertible Note"). Subsequently, on November 25, 2013 and December 19, 2013, we entered into additional securities purchase agreements with Alpha Capital relating to the sale and issuance of convertible notes in the principal amount of $200,000 and $250,000, respectively, which mature on November 25, 2015 and December 19, 2015. On January 27, 2014, we issued a convertible note in the principal amount of $100,000 that matures January 27, 2016 under the Securities Purchase Agreement we entered into with Alpha Capital on December 19, 2013. In connection with the issuance of the December 19, 2013 convertible note, we also issued 6,250,000 warrants to purchase shares of our common stock at a price of $0.02 per share. On February 25, 2014, we entered into a Securities Purchase Agreement with the Alpha Capital related to the sale and issuance of a convertible note in the principal amount of $200,000 that matures February 25, 2016. In connection with the issuance of the February 25, 2014 convertible note, we issued 5,000,000 warrants to purchase shares of our common stock at a price of $0.02 per share. On March 18, 2014, we entered into a Securities Purchase Agreement we entered into with the Alpha Capital related to the sale and issuance of a convertible note in the principal amount of $300,000 that matures March 18, 2016. | |||||||||
In connection with the March 18, 2014 convertible note, we issued a five–year warrant to purchase 7,500,000 shares of our common stock at an exercise price of $0.02 per share. Each of the Convertible Notes bear interest at the rate of 8% per annum compounded annually, are payable at maturity and the principal and interest outstanding under the convertible notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02 per share, subject to adjustment upon the happening of certain events, including stock dividends, stock splits and the issuance of common stock equivalents at a price below the conversion price. Subject to our fulfilling certain conditions, including beneficial ownership limits, the convertible notes are subject to a mandatory conversion if the closing price of our common stock for any 20 consecutive days commencing six months after the issue date of the convertible notes equal or exceeds $0.04. Unless waived in writing by the purchaser, no conversion of the convertible notes can be effected to the extent that as a result of such conversion the purchaser would beneficially own more than 9.99% in the aggregate of our issued and outstanding common stock immediately after giving effect to the issuance of common stock upon conversion. | |||||||||
As of December 31, 2014, convertible notes in the principal amount of $940,000, along with accrued interest of $68,319, were converted into 50,439,751 shares of our common stock. | |||||||||
We have the option of repaying the outstanding principal amount of the convertible notes, in whole or in part, by paying the purchaser a sum of money equal to one hundred and twenty percent (120%) of the principal together with accrued but unpaid interest upon 30 days’ notice, subject to certain beneficial ownership limits. For so long as we have any obligation under the convertible notes, we have agreed to certain restrictions regarding, among other things, incurrence of additional debt, liens, amendments to charter documents, repurchase of stock, payment of cash dividends, affiliated transactions. We are also prohibited from entering into certain variable priced agreements until the convertible notes are repaid in full, except for the Equity Line we have with Southridge. | |||||||||
Because of certain down-round protection in the conversion rate of the convertible notes, we determined that the derivative liability related to embedded conversion feature met the criteria for bifurcation. Accordingly, we recognized an aggregate liability of $123,000 on the three issuance dates during the year ended December 31, 2014. This was in addition to the carrying value of the derivative liability on three previously recorded derivatives of $178,000. The derivative liability is carried at fair value with changes in the fair value reflected in the “Adjustment to the fair value of embedded derivatives” line item of our condensed consolidated statements of operations. We recognized a non-cash benefit for the year ended December 31, 2014 of $51,000 on a total of six convertible notes. | |||||||||
In addition, the relative fair value of the warrants issued in the December 2013 convertible note issuance of $250,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 149.1%, a risk free interest rate of 0.7% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $109,000 is being accreted to interest using the effective interest method. The relative fair value of the warrants issued in the February 2014 convertible note issuance of $200,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 169.1, a risk free interest rate of 0.7% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $101,000 is being accreted to interest using the effective interest method. The relative fair value of the warrants issued in the March 2014 convertible note issuance of $300,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 168.8%, a risk free interest rate of 0.8% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $154,000 is being accreted to interest using the effective interest method. | |||||||||
On November 1 and December 1, 2013, and on January 1, February 1 and March 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $30,000 each for a total of $150,000, which mature on October 31, November 30 and December 31, 2014, and on January 31 and February 28, 2015, respectively. On April 1, May 1 and June 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $20,000 each, for a total of $60,000, which mature on March 31, April 30 and May 31, 2015, respectively. On July 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $10,000, which matures on June 30, 2015. Each of the Convertible Notes bear interest at the rate of 8% per annum compounded annually, are payable at maturity and the principal and interest outstanding under the convertible notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02 per share. Unless waived in writing by the purchaser, no conversion of the convertible notes can be effected to the extent that as a result of such conversion the purchaser would beneficially own more than 9.99% in the aggregate of our issued and outstanding common stock immediately after giving effect to the issuance of common stock upon conversion. | |||||||||
Below is a table showing the convertible notes payable, the derivative liability and fair value of the warrants as of December 31, 2014 and 2013: | |||||||||
31-Dec-14 | 31-Dec-13 | ||||||||
Convertible notes payable | $ | 520,000 | $ | 650,000 | |||||
Convertible notes payable issued for financial advisory services | 10,000 | 60,000 | |||||||
Less: Derivative liability | (93,376 | ) | (243,889 | ) | |||||
Less: Relative fair value of warrants | (170,767 | ) | (53,623 | ) | |||||
Accreted interest | 79,358 | 21,889 | |||||||
Accrued interest | 28,284 | 7,707 | |||||||
Convertible notes payable, net | 373,499 | 442,084 | |||||||
Less current portion | (30,000 | ) | (60,000 | ) | |||||
$ | 343,499 | $ | 382,084 | ||||||
Line of credit | |||||||||
On September 30, 2013, we entered into a loan and security agreement with Alpha Capital Anstalt and Collateral Services, LLC to provide financing, on a discretionary basis, for one year, against our accounts receivable and inventory. The maximum amount that could be borrowed under the Agreement is $500,000. We had the right to borrow up to 80% of our eligible accounts receivable, not in excess of $200,000, 50% of the value of our raw materials in inventory, 65% of our finished goods inventory and 95% of cash, but not in the aggregate amount in excess of $300,000. The advances were secured by a lien on all of our assets. All advances under the agreement bear interest at a per annum rate of 12% and monthly interest shall be a minimum of $500. At the time of initial funding we paid a loan fee of 50 shares of our Series D Preferred Shares to the lender, in addition to other payments for legal fees. In addition, we paid the collateral agent an initial fee of $5,000 and have agreed to pay an administrative fee to the collateral agent of 0.5% per month of the daily balance during the preceding month or $500 whichever is less. In the event that of a prepayment, we are obligated to pay a prepayment fee in an amount equal to one-half of one percent (0.5%) of $500,000. On September 30, 2013, we requested and received an initial borrowing under the Agreement totaling $350,000. Subsequently, on October 21, 2013, we requested and received an additional $100,000 and on November 20, 2013, we requested and received an additional $50,000. As of December 31, 2014, the balance outstanding under our line of credit was $500,000. On February 27, 2015, we agreed to extend the term of the agreement for one year, and to exchange the $500,000 plus interest owing under the agreement for a one year, 8%, convertible note. We are no longer able to make borrowings under the agreement. |
Note_10_Longterm_Debt
Note 10 - Long-term Debt | 12 Months Ended |
Dec. 31, 2014 | |
Disclosure Text Block [Abstract] | |
Long-term Debt [Text Block] | 10. Long-term Debt |
Long-term debt | |
Our long-term debt consists of three convertible notes amounting to an aggregate principal amount of $500,000, and are scheduled to mature in 2016. |
Note_11_Stockholders_Equity
Note 11 - Stockholders' Equity | 12 Months Ended |
Dec. 31, 2014 | |
Stockholders' Equity Note [Abstract] | |
Stockholders' Equity Note Disclosure [Text Block] | 11. Stockholders’ Equity |
We have 501,000,000 shares of capital stock authorized under our certificate of incorporation, consisting of 500,000,000 shares of common stock and 1,000,000 shares of preferred stock. As of September 30, 2014, we have authorized (i) 2,000 shares of Series A Convertible Preferred Stock, par value $0.001, (ii) 4,000 shares of Series B 4% Convertible Preferred Stock, par value $0.001, (iii) 1,175 shares of our Series C 8% Convertible Preferred Stock, par value $0.001, and (iv) 1,180 shares of our Series D 8% Convertible Preferred Stock, par value $0.001. All preferred stock has been converted or cancelled and none remain outstanding | |
On March 11, 2014, we filed a Registration Statement on Form S-1/A to register 35 million shares of common stock related to our Prior Equity Purchase Agreement with Southridge and on March 21, 2014, the Securities and Exchange Commission declared the Registration Statement effective. On March 26, 2014, we submitted an initial take-down request of $300,000 to Southridge pursuant to the terms of the Prior Equity Purchase Agreement and issued 12,541,806 shares of our common stock, of which partial proceeds of $100,000 was received on March 31, 2014 and $200,000 was received on April 16, 2014. On April 17, 2014, we issued 8,079,800 shares of our common stock in a Section 3(a) (10) proceeding that generated proceeds in the amount of $250,000 in full settlement of a claim (see Note 17. Commitments and Contingencies). On June 4, 2014, June 18, 2014, July 8, 2014, and October 25, 2014, we submitted additional take-down requests for $100,000, $100,000, $125,000, and approximately $52,000 respectively, pursuant to the terms of the Prior Equity Purchase Agreement. We issued a total of 44,079,800 shares of our common stock at an average price of $0.02 per share pursuant to the terms of the Prior Equity Purchase Agreement. | |
Pursuant to the terms of our Equity Purchase Agreement, a placement fee of 1 million shares of unregistered common stock was due to Southridge pursuant to the terms of the Equity Purchase Agreement. During March 2014, we issued 500,000 shares of unregistered common stock due upon the declaration of effectiveness of our Form S-1/A by the Securities and Exchange Commission of our Form S-1/A. In April 2014, we issued the remaining 500,000 shares of unregistered common stock to Southridge upon the completion of our initial take-down request under the Prior Equity Purchase Agreement. | |
On December 10, 2014, we entered into the December Equity Purchase Agreement with Southridge, that superseded our Prior Equity Purchase Agreement with Southridge that was entered into on January 23, 2014. The terms of the December Equity Purchase Agreement are substantially similar to those of the Prior Equity Purchase Agreement. Pursuant to the December Equity Purchase Agreement and as provided in the Prior Equity Purchase Agreement, Southridge has committed to purchase up to $5,000,000 worth of our common stock, over a period of time terminating on the earlier of: (i) 18 months from the effective date of the registration statement to be filed by us for the Equity Purchase Agreement; or (ii) the date on which Southridge has purchased an aggregate maximum purchase price of $5,000,000 pursuant to the December Equity Purchase Agreement; Southridge’s commitment to purchase our common stock is subject to various conditions, including, but not limited to, limitations based on the trading volume of our common stock. | |
Pursuant to the terms of the December Equity Purchase Agreement we agreed to pay Southridge a commitment fee of 1,000,000 shares of our common stock (having a value of $17,900 based upon the closing price of our common stock on December 5, 2014), of which 500,000 shares of our common stock were issued to Southridge on the date that the registration statement was declared effective, January 16, 2015, and the remaining 500,000 shares of common stock were issued on the date that we delivered our first Draw Down Notice to Southridge. | |
On December 10, 2014, we also entered into a Registration Rights Agreement with Southridge pursuant to which we agreed to register shares of the common stock to be issued to Southridge in connection with the December Equity Purchase Agreement. | |
See Note 14 for a discussion of the accounting treatment of the stock warrant transactions discussed above. |
Note_12_Convertible_Redeemable
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend | 12 Months Ended |
Dec. 31, 2014 | |
Convertible Redeemable Preferred Stock And Preferred Deemed Dividend [Abstract] | |
Convertible Redeemable Preferred Stock And Preferred Deemed Dividend [Text Block] | 12. Convertible Redeemable Preferred Stock and Preferred Deemed Dividend |
On January 24, 2013, we provided to the purchasers of our Series C Preferred Stock a draw down notice under the Purchase Agreement. The purchasers agreed to accept the new draw down notice and thereby extend our right to exercise a “put” to sell additional Series C Preferred beyond the securities purchase agreement’s prior expiration date of December 31, 2012. As a result of the draw down, we sold an aggregate of 75 additional shares of Series C Preferred to the purchasers for aggregate proceeds of $75,000. Based on the closing price of our common stock as reported on the OTCQB Marketplace on January 24, 2013 (which was $0.05 per share), the 75 shares of Series C Preferred to be issued pursuant to the draw down would be convertible into 1,500,000 shares of our common stock. As a result of the contingent conversion feature on the Series C Preferred, which reduced the conversion price from $0.08 to $0.05 per share on the total 720 shares of Series C Preferred Stock issued and outstanding at January 24, 2013, and which resulted in an increase in the number of common shares issuable, we recognized additional preferred deemed dividends of $270,000. | |
As a result of the January 24, 2013 draw down notice, the conversion price of the Series C Preferred issued under the initial closing was reduced from $0.08 per share of common stock to become equal to $0.05. As a result of the May 13, 2013 draw down notice, the conversion price of the Series C Preferred was further reduced from $0.05 per share of common stock to $0.03 per share. As a result of our August 30, 2013 financing, the conversion price of the Series C Preferred was further reduced from $0.03 per share of common stock to $0.02 per share. | |
On February 15, 2013, we entered into a securities purchase agreement with an institutional accredited investor relating to the sale and issuance of up to 1,180 shares of our newly created Series D Preferred Stock at a price per share equal to the stated value, which is $1,000 per share, for aggregate proceeds of up to $1,000,000. At the initial closing, concurrent with entering the agreement, we issued 150 shares of Series D Preferred, for initial aggregate proceeds of $150,000. After the initial closing, the securities purchase agreement permits the purchaser to exercise a “call” right to purchase additional Series D Preferred in multiple draw downs from time to time until December 31, 2013, subject to certain limits, terms and conditions. In March 2013, the Company and investors entered into a letter agreement to the securities purchase agreement dated as of February 15, 2013, modifying the number of shares of Series D Preferred Stock to be issued upon settlement of any purchaser draw downs made on or after March 18, 2013, equal to the purchaser investment amount divided by the stated value multiplied by a number agreed upon by the Company and the purchaser, which shall not be higher than $1.67. Subsequently, on March 21, 2013, we issued 167 shares of Series D Preferred for aggregate proceeds of $100,000. On May 13, 2013, the Company and investors entered into a letter agreement amendment to the securities purchase agreement dated as of February 15, 2013, modifying the number of shares of Series D Preferred Stock that may be issued upon draw downs made on or after May 13, 2013, equal to the purchaser investment amount divided by the stated value multiplied by a number agreed upon by the Company and the purchaser, which shall not be higher than $3.34. The corresponding conversion price into underlying shares of our common stock was $0.03 per share. On May 13, 2013, we issued 583 shares of Series D Preferred to an investor for aggregate proceeds of $175,000. As a result of the contingent conversion feature on the Series C Preferred, which reduced the conversion price from $0.05 to $0.03 per share on the total 260 shares of Series C Preferred Stock issued and outstanding as of May 13, 2013, and which resulted in an increase in the number of common shares issuable, we recognized additional preferred deemed dividends of $104,000. On August 30, 2013, we entered into an agreement to sell $200,000 in convertible notes. As a result of the sale of these convertible notes and as a result of the contingent conversion feature on the Series C Preferred and Series D Preferred, which reduced the conversion price from $0.03 to $0.02 per share on the Series C and from $0.10 to $0.02 per share on the Series D on the total 147 shares and 930 shares, respectively, of Series C Preferred Stock and Series D Preferred Stock issued and outstanding as of August 30, 2013, and which resulted in an increase in the number of common shares issuable, we recognized additional preferred deemed dividends of $36,000 on the Series C Preferred Stock and $465,000 on the Series D Preferred Stock. The net loss attributable to common shareholders reflects both the net loss and the deemed dividend. As a result of the $500,000 loan and security agreement entered into on September 30, 2013, we issued to the lender 50 shares of our Series D Preferred stock for the $50,000 loan origination fee. | |
During the year ended December 31, 2014, the remaining 467 shares of Series B Preferred Stock were converted into 21,020,015 shares of common stock, the remaining 87 shares of Series C Preferred Stock were converted into 4,333,350 shares of common stock and the remaining 860 shares of Series D Preferred Stock were converted into 43,000,000 shares of common stock. | |
See Note 12 for a discussion of the accounting treatment of the stock warrant transactions described above. |
Note_13_Stock_Option_and_Incen
Note 13 - Stock Option and Incentive Plan | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | 13. Stock Option and Incentive Plan | ||||||||||||||||||||||||
On August 8, 2006, we adopted the Andalay Solar, Inc. 2006 Stock Incentive Plan (the “Stock Plan”) pursuant to which shares of common stock are available for issuance to employees, directors and consultants under the Stock Plan as restricted stock and/or options to purchase common stock. At our Annual Meeting of Stockholders held on September 19, 2013, our stockholders approved and adopted an amendment to our 2006 Incentive Stock Plan, increasing the number of shares of our common stock reserved for issuance under the Plan from 3,000,000 to 50,000,000. | |||||||||||||||||||||||||
Restricted stock and options to purchase common stock may be issued under the Stock Plan. The restriction period on restricted stock grants generally expire at a rate of 25% per quarter over one year or 25% per year over four years, unless decided otherwise by our Compensation Committee. Options to purchase common stock generally vest and become exercisable at a rate of 25% per quarter over one year or as to one-third of the total amount of shares subject to the option on each of the first, second and third anniversaries from the date of grant. Options to purchase common stock generally have a 5-year term. | |||||||||||||||||||||||||
We use the Black-Scholes-Merton Option Pricing Model (Black-Scholes) to estimate fair value of our employee and our non-employee director stock-based awards. Black-Scholes requires various judgmental assumptions, including estimating stock price volatility, expected option life and forfeiture rates. If we had made different assumptions, the amount of our deferred stock-based compensation, stock-based compensation expense, gross margin, net loss and net loss per share amounts could have been significantly different. We believe that we have used reasonable methodologies, approaches and assumptions to determine the fair value of our common stock, and that our deferred stock-based compensation and related amortization were recorded properly for accounting purposes. If any of the assumptions we used change significantly, stock-based compensation expense may differ materially in the future from that recorded in the current period. | |||||||||||||||||||||||||
We measure compensation expense for non-employee stock-based compensation under ASC 505-50, “Equity-Based Payments to Non-Employees.” The fair value of the option issued is used to measure the transaction, as this is more reliable than the fair value of the services received. The estimated fair value is measured utilizing Black-Scholes using the value of our common stock on the date that the commitment for performance by the counterparty has been reached or the counterparty’s performance is complete (generally the vesting date). The fair value of the equity instrument is charged directly to expense and additional paid-in capital. | |||||||||||||||||||||||||
We recognized stock-based compensation expense of approximately $224,000 and $110,000 during the years ended December 31, 2014 and 2013, respectively, relating to compensation expense calculated based on the fair value at the time of grant for restricted stock and based on Black-Scholes for stock options granted under the Stock Plan. | |||||||||||||||||||||||||
The following table sets forth a summary of restricted stock activity for the years ended December 31, 2014 and 2013: | |||||||||||||||||||||||||
Number of | Weighted-Average | ||||||||||||||||||||||||
Restricted Shares | Grant Date | ||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||
Outstanding and not vested beginning balance as of January 1, 2013 | 48,073 | $ | 2.5 | ||||||||||||||||||||||
Granted | 2,500,000 | $ | 0.03 | ||||||||||||||||||||||
Forfeited/cancelled | (21,798 | ) | $ | 2.46 | |||||||||||||||||||||
Released/vested | (635,323 | ) | $ | 0.08 | |||||||||||||||||||||
Outstanding and not vested beginning balance as of January 1, 2014 | 1,890,952 | $ | 0.05 | ||||||||||||||||||||||
Granted | — | $ | — | ||||||||||||||||||||||
Forfeited/cancelled | — | $ | — | ||||||||||||||||||||||
Released/vested | (1,883,766 | ) | $ | 0.04 | |||||||||||||||||||||
Outstanding and not vested as of December 31, 2014 | 7,186 | $ | 2.16 | ||||||||||||||||||||||
Restricted stock is valued at the grant date fair value of the common stock and expensed over the requisite service period or vesting period. We estimate forfeitures when recognizing stock-based compensation expense for restricted stock, and the estimate of forfeitures is adjusted over the requisite service period should actual forfeitures differ from such estimates. As of December 31, 2014, there was approximately $1,000 of unrecognized stock-based compensation expense associated with the granted but unvested restricted stock. Stock-based compensation expense relating to these restricted shares is being recognized over a weighted-average period of 0.2 years. The total fair value of shares vested during the years ended December 31, 2014 and 2013, was approximately $64,000 and $19,000, respectively. Tax benefits resulting from tax deductions in excess of the compensation cost recognized (excess tax benefits) are classified as financing cash flows on our consolidated statements of cash flows. During the years ended December 31, 2014 and 2013, there were no excess tax benefits relating to restricted stock and therefore there is no impact on the accompanying consolidated statements of cash flows. | |||||||||||||||||||||||||
The following table sets forth a summary of stock option activity for the years ended December 31, 2014 and 2013: | |||||||||||||||||||||||||
Number of | Weighted-Average | Number of | Weighted-Average | ||||||||||||||||||||||
Shares Subject To | Exercise Price | Shares Subject To | Exercise Price | ||||||||||||||||||||||
Option 2014 | Option 2013 | ||||||||||||||||||||||||
Outstanding beginning balance | 6,618,233 | $ | 0.11 | 679,744 | $ | 2.82 | |||||||||||||||||||
Granted during the year | 30,456,250 | 0.02 | 6,400,000 | 0.03 | |||||||||||||||||||||
Forfeited/cancelled/expired during the year | (40,000 | ) | 5.15 | (461,511 | ) | 3.29 | |||||||||||||||||||
Exercised during the year | — | — | — | — | |||||||||||||||||||||
Outstanding at end of year | 37,034,483 | $ | 0.03 | 6,618,233 | $ | 0.11 | |||||||||||||||||||
Exercisable at end of year | 5,934,303 | $ | 0.09 | 2,330,650 | $ | 0.28 | |||||||||||||||||||
Outstanding and expected to vest | 36,916,502 | $ | 0.03 | 6 191,212 | $ | 0.11 | |||||||||||||||||||
Stock options are valued at the estimated fair value on the grant date or the measurement date and expensed over the requisite service period or vesting period. The weighted-average volatility was based upon the historical volatility of our common stock price. The fair value of stock option grants during the years ended December 31, 2014 and 2013 was estimated using the Black-Scholes option-pricing model with the following assumptions: | |||||||||||||||||||||||||
Years Ended | |||||||||||||||||||||||||
December 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Weighted-average volatility | 185 | % | 105.5 | % | |||||||||||||||||||||
Expected dividends | 0 | % | 0 | % | |||||||||||||||||||||
Expected life (in years) | 3.5 | 2 | |||||||||||||||||||||||
Weighted-average risk-free interest rate | 1.1 | % | 0.3 | % | |||||||||||||||||||||
The weighted-average fair value per share of the stock options as determined on the date of grant was $0.02 for the stock options to purchase 30,456,250 shares of common stock granted during the years ended December 31, 2014 and $0.02 for the stock options to purchase 6,400,000 share of common stock granted during the years ended December 31, 2013. The weighted-average remaining contractual term for the stock options outstanding (vested and expected to vest) and exercisable as of December 31, 2014 and 2013, was 4.4 and 4.7 years, respectively. The total estimated fair value of stock options vested during the years ended December 31, 2014 and 2013 was approximately $91,000 and $81,000, respectively. The aggregate intrinsic value of stock options outstanding as of December 31, 2014 and 2013 was zero. | |||||||||||||||||||||||||
We estimate forfeitures when recognizing stock-based compensation expense for stock options and the estimate of forfeitures is adjusted over the requisite service period should actual forfeitures differ from such estimates. As of December 31, 2014 there was approximately $514,000 of unrecognized stock-based compensation expense associated with stock options granted. Stock-based compensation expense relating to these stock options is being recognized over a weighted-average period of 0.7 years and 1.0, respectively. Tax benefits resulting from tax deductions in excess of the compensation cost recognized (excess tax benefits) is classified as financing cash flows on our consolidated statements of cash flows. During the years ended December 31, 2014 and 2013, there were no excess tax benefits relating to stock options and therefore there is no impact on the accompanying consolidated statements of cash flows. | |||||||||||||||||||||||||
Non-vested stock option activity for the year ended December 31, 2014 is as follows: | |||||||||||||||||||||||||
Non-Vested | Weighted-Average | ||||||||||||||||||||||||
Stock Options | Grant Date | ||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||
Outstanding as of January 1, 2014 | 4,287,583 | $ | 0.02 | ||||||||||||||||||||||
Granted | 30,456,250 | $ | 0.02 | ||||||||||||||||||||||
Forfeited/cancelled | (40,000 | ) | $ | 3.04 | |||||||||||||||||||||
Released/vested | (3,637,403 | ) | $ | 0.02 | |||||||||||||||||||||
Outstanding as of December 31, 2014 | 31,066,430 | $ | 0.02 | ||||||||||||||||||||||
Options outstanding as of December 31, 2014 are summarized as follows: | |||||||||||||||||||||||||
Options Outstanding | Vested Options | ||||||||||||||||||||||||
Number | Weighted- | Weighted- | Number | Weighted- | |||||||||||||||||||||
Outstanding | Average | Average | Outstanding | Average | |||||||||||||||||||||
Remaining | Exercise | Exercise | |||||||||||||||||||||||
Contractual Life | Price | Price | |||||||||||||||||||||||
(in years) | |||||||||||||||||||||||||
$0.0192 | 12,450,000 | 4.6 | $ | 0.02 | 358,320 | $ | 0.02 | ||||||||||||||||||
$0.020 | - | $0.02 | 18,000,000 | 4.6 | $ | 0.02 | 1,125,000 | $ | 0.02 | ||||||||||||||||
$0.0296 | 6,400,000 | 3.8 | $ | 0.0296 | 4,266,500 | $ | 0.0296 | ||||||||||||||||||
$0.11 | - | $5.32 | 184,483 | 1.3 | $ | 1.95 | 184,483 | $ | 1.95 | ||||||||||||||||
$0.02 | - | $5.32 | 37,034,483 | 4.4 | $ | 0.03 | 5,934,303 | $ | 0.09 | ||||||||||||||||
Note_14_Stock_Warrants_and_War
Note 14 - Stock Warrants and Warrant Liability | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Disclosure Text Block [Abstract] | |||||||||
Derivatives and Fair Value [Text Block] | 14. Stock Warrants and Warrant Liability | ||||||||
During March 2009, in connection with an equity financing, we issued Series E Warrants to purchase 334,822 shares of common stock at an exercise price of $5.36 per share. The fair value of the warrants was estimated using Black-Scholes with the following weighted average assumptions: risk-free interest rate of 2.69%, an expected life of five years; an expected volatility factor of 112% and a dividend yield of 0.0%. The value assigned to these warrants was approximately $1.0 million, of which $1.0 million was reflected as common stock warrant liability with an offset to additional paid-in capital as of the offering close date. The fair value of the warrants decreased to zero as of December 31, 2013. | |||||||||
On December 19, 2013 and February 25, 2014, we entered into securities purchase agreements with Alpha Capital Anstalt relating to the sale and issuance of a (i) convertible notes in the principal amount of $250,000, $200,000 and $300,000 that mature on December 19, 2015, February 25, 2016 and March 19, 2016, respectively and (ii) five- year warrants (with a cashless exercise feature under certain circumstances) to purchase 6,250,000, 5,000,000 and 7,500,000 shares, respectively, of our common stock at an exercise price of $0.02 per share, subject to adjustment under certain circumstances. See Note 9 for further discussion of the issuance of the convertible note. | |||||||||
The following table summarizes the Warrant activity for the year ended December 31, 2014: | |||||||||
Warrants for | Weighted-Average | ||||||||
Number of Shares | Exercise Price | ||||||||
Outstanding as of December 31, 2013 | 9,648,045 | $ | 0.49 | ||||||
Issued | 12,500,000 | 0.02 | |||||||
Exercised | — | — | |||||||
Cancelled/expired | — | — | |||||||
Outstanding as of December, 2014 | 22,148,045 | $ | 0.23 | ||||||
The majority of our warrants outstanding are not exercisable for nine months from the date of issuance and are exercisable for either 4.5 years or 5 years thereafter. Our outstanding warrants expire on various dates between December 2015 and March 2019. |
Note_15_Fair_Value_Measurement
Note 15 - Fair Value Measurement | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||
Fair Value Disclosures [Text Block] | 15. Fair Value Measurement | ||||||||||||||||
We use a fair-value approach to value certain assets and liabilities. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. We use a fair value hierarchy, which distinguishes between assumptions based on market data (observable inputs) and an entity’s own assumptions (unobservable inputs). The hierarchy consists of three levels: | |||||||||||||||||
• | Level one — Quoted market prices in active markets for identical assets or liabilities; | ||||||||||||||||
• | Level two — Inputs other than level one inputs that are either directly or indirectly observable; and | ||||||||||||||||
• | Level three — Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use. | ||||||||||||||||
Determining which category an asset or liability falls within the hierarchy requires significant judgment. We evaluate our hierarchy disclosures each quarter. Assets and liabilities measured at fair value on a recurring basis are summarized as follows: | |||||||||||||||||
Liabilities | Level 1 | Level 2 | Level 3 | 31-Dec-14 | |||||||||||||
Fair value of embedded derivatives | — | — | $ | 129,598 | $ | 129,598 | |||||||||||
Total | $ | — | $ | — | $ | 129,598 | $ | 129,598 | |||||||||
Liabilities | Level 1 | Level 2 | Level 3 | 31-Dec-13 | |||||||||||||
Fair value of embedded derivatives | $ | — | $ | — | $ | 177,927 | $ | 177,927 | |||||||||
Total | $ | — | $ | — | $ | 177,927 | $ | 177,927 | |||||||||
On August 30, 2013, November 25, 2013 and December 19, 2013, we entered into securities purchase agreements relating to the sale and issuance of convertible notes in the principal amounts of $200,000, $200,000 and $250,000. Each of the Convertible Notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02, subject to adjustment upon the happening of certain events, including stock dividends, stock splits and the issuance of common stock equivalents at a price below the conversion price. Subject to our fulfilling certain conditions, including beneficial ownership limits, the convertible notes are subject to a mandatory conversion if the closing price of our common stock for any 20 consecutive days commencing six months after the issue date of the convertible notes equal or exceeds $0.04 per share. The terms of the convertible notes meet the criteria for the bifurcation of an embedded derivative. Therefore, we recorded the fair value of the embedded derivative liability as of the issuance date for each of the convertible notes for an aggregate fair value of $243,889. | |||||||||||||||||
We use a model based on Monte Carlo simulation to value the embedded conversion feature of our notes payable that are subject to fair value liability accounting. The determination of the fair value as of the reporting date is affected by our stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, expected stock price volatility over the term of the security and risk-free interest rate. In addition, the model uses multiple Monte Carlo simulations requiring the input of an expected life for the securities for which we have estimated and expectations of the timing and amount of future financing we may require. The fair value of the embedded conversion feature liability is revalued each balance sheet date utilizing our Monte Carlo simulation-based model computations with the decrease or increase in fair value being reported in the statement of comprehensive loss as other income or expense, respectively. The primary factors affecting the fair value of the embedded conversion feature liability are our stock price and volatility. In addition, the use of a Monte Carlo simulation-based model requires the input of highly subjective assumptions, and other reasonable assumptions could provide differing results. | |||||||||||||||||
Our reported net loss was approximately $1.9 million for the year ended December 31, 2014. If the closing stock price of our common stock had been 10% lower, our net loss would have been approximately $15,000 lower. If the closing stock price of our common stock had been 10% higher, our net loss would have been approximately $26,000 higher. If our volatility assumption on December 31, 2014 had been 10% lower, our net loss would have been approximately $7,000 lower and if our volatility assumption had been 10% higher, our net loss would have been approximately $13,000 higher. | |||||||||||||||||
The following table shows the changes in Level 3 liabilities measured at fair value on a recurring basis for the years ended December 31, 2013: | |||||||||||||||||
Embedded Derivative on Convertible Notes | Total Level 3 | ||||||||||||||||
Beginning balance – January 1, 2014 | $ | 177,927 | $ | 177,927 | |||||||||||||
Issuances | 122,630 | 122,630 | |||||||||||||||
Total realized and unrealized gains or losses | (50,809 | ) | (50,809 | ) | |||||||||||||
Transfers out of level 3 upon exercise or conversion | (221,768 | ) | (221,768 | ) | |||||||||||||
Ending balance – December 31, 2014 | $ | 129,598 | $ | 129,598 | |||||||||||||
Note_16_Income_Taxes
Note 16 - Income Taxes | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Income Tax Disclosure [Abstract] | |||||||||
Income Tax Disclosure [Text Block] | 16. Income Taxes | ||||||||
During the years ended December 31, 2014, and 2013, respectively, there was no income tax expense or benefit for federal and state income taxes in the accompanying consolidated statements of operations due to our net loss and a valuation allowance on the resulting deferred tax assets. | |||||||||
The actual tax expense differs from the “expected” tax expense for the years ended December 31, 2014 and 2013 (computed by applying the U.S. Federal Corporate tax rate of 34% to income before taxes) as follows: | |||||||||
December 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Tax at federal statutory rate | $ | (740,000 | ) | $ | (967,000 | ) | |||
State taxes, net of federal benefit | (117,000 | ) | (160,000 | ) | |||||
Research and development credits | — | (12,000 | ) | ||||||
Fair market value of warrants & derivatives | 17,000 | (22,000 | ) | ||||||
Stock-based compensation | 51,000 | 29,000 | |||||||
Other permanent items | 10,000 | 1,000 | |||||||
Valuation allowance | 779,000 | 1,131,000 | |||||||
Income tax provision | $ | — | $ | — | |||||
The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities as of December 31, 2014 and 2013 are as follows: | |||||||||
December 31, | December 31, | ||||||||
2014 | 2013 | ||||||||
Deferred tax assets: | |||||||||
Net operating loss and credit carryforwards | $ | 30,227,000 | $ | 29,431,000 | |||||
Stock-based compensation | 1,199,000 | 1,193,000 | |||||||
Stock-based compensation | 422,000 | 558,000 | |||||||
Basis difference for fixed assets and intangibles | 158,000 | 174,000 | |||||||
Total gross deferred tax assets | 32,006,000 | 31,356,000 | |||||||
Valuation allowance | (32,006,000 | ) | (31,356,000 | ) | |||||
Net deferred tax assets | $ | — | $ | — | |||||
A valuation allowance is provided when it is more likely than not that some portion of the deferred tax assets will not be realized. We established a 100% valuation allowance due to the uncertainty of realizing future tax benefits from its net operating loss carryforwards and other deferred tax assets. At December 31, 2014, we had useable net operating loss carryforwards of approximately $75.2 million for federal and $73.1 million for state income tax purposes available to offset future taxable income expiring through 2033 for both federal and California. At December 31, 2014, we had useable R & D credits of approximately $361,000 for federal and $231,000 for California. The federal credits expire through 2032 and the state credits have no expiration. The net change in the valuation allowance during the years ended December 31, 2014 and 2013 was an increase of approximately $650,000 and $1.1 million, respectively, primarily due to current year losses. | |||||||||
Internal Revenue Code Section 382 places a limitation (the "Section 382 Limitation") on the amount of taxable income, which can be offset by net operating loss carryforwards after a change in control (generally greater than a 50% change in ownership) of a loss corporation. Generally, after a control change, a loss corporation cannot deduct operating loss carryforwards in excess of the Section 382 Limitation. Due to these "change in ownership" provisions, utilization of the net operating loss and tax credit carryforwards may be subject to an annual limitation regarding their utilization against taxable income in future periods. The company has not concluded its analysis of Section 382 through December 31, 2014 but believes that these provisions will not limit the availability of losses to offset future income. | |||||||||
On January 1, 2007, the Company adopted ASC Topic 740—Income Taxes (“ASC 740”) FASB ASC 740, Income Taxes—an interpretation of FASB Statement No. 109 (“FIN 48”). Due to net operating loss and research credit carryforwards, substantially all of the Company’s tax years remain open to U.S. federal and state tax examinations. The Company classifies interest and penalties recognized pursuant to Interpretation 48 as part of income tax expense. No interest or penalties related to unrecognized tax benefits have been accrued for the year ended December 31, 2014. | |||||||||
The aggregate changes in the balance of gross unrecognized tax benefits were as follows (in thousands): | |||||||||
2014 | 2013 | ||||||||
Balance, beginning of year | $ | 147,000 | $ | 140,000 | |||||
Additions based on tax positions related to the current year | — | — | |||||||
Additions for tax positions related to prior years | — | 7,000 | |||||||
Reductions for tax positions related to prior years | — | — | |||||||
Balance, end of year | $ | 147,000 | $ | 147,000 | |||||
In the event that any unrecognized tax benefits are recognized, the effective tax rate will be affected. Approximately $128,000 and $128,000 as of December 31, 2014 and 2013 respectively, of unrecognized tax benefits would impact the effective rate, if recognized. |
Note_17_Commitments_and_Contin
Note 17 - Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2014 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies Disclosure [Text Block] | 17. Commitments and Contingencies |
Westinghouse License | |
On May 17, 2010, we entered into an exclusive worldwide agreement that permits us to manufacture, distribute and market our solar panels under the Westinghouse name. On August 23, 2013, the license agreement with Westinghouse, Inc. was terminated. | |
Operating Leases | |
Our principal executive offices and warehouse premises are located at 2071 Ringwood Ave., Unit C, San Jose, CA 95128. On or around May 1, 2015, our corporate headquarters is relocating to 48900 Milmont Drive, Fremont, CA 94538. Commencing March 1, 2014, the monthly rent for our warehouse has been $10,500. The monthly rent during 2013 and in January and February 2014 was $7,800. We consolidated our executive offices with our warehouse premises effective January 1, 2014. Our warehouse lease agreement expired on February 28, 2015 and we are on a month-to-month rental agreement. | |
Litigation | |
We are also involved in other litigation from time to time in the ordinary course of business. In the opinion of management, the outcome of such proceedings will not materially affect our financial position, results of operations or cash flows. |
Note_18_Concentration_of_Risk_
Note 18 - Concentration of Risk in Customer and Supplier Relationships | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Risks and Uncertainties [Abstract] | |||||||||
Concentration Risk Disclosure [Text Block] | 18. Concentration of Risk in Customer and Supplier Relationships | ||||||||
Supplier Relationships | |||||||||
In September 2013, we entered into a supply agreement for assembly of our proprietary modules with Tianwei New Energy Co, Ltd. (“Tianwei”), a panel supplier located in China. We began receiving product from Tianwei in February 2014 and stopped as of June 2014. In July 2014, we entered into a supply agreement for assembly of our proprietary modules with Auxin Solar, Inc., a panel supplier located in the United States. We began receiving product from Auxin in December 2014. Although we believe we can find alternative suppliers for solar panels manufactured to our specifications, our operations would be disrupted unless we are able to rapidly secure alternative sources of supply, our inventory and revenue could diminish significantly, causing disruption to our operations. | |||||||||
Historically, we obtained virtually all of our solar panels from Suntech and Lightway. During 2012, because of our cash position and liquidity constraints, we were late in making payments to both of these suppliers. On March 30, 2012, pursuant to our Supply Agreement with Lightway, we issued 1,900,000 shares of our common stock to Lightway in partial payment of our past due account payable to them. At the time of issuance, the shares were valued at $1,045,000. On May 1, 2012, Suntech filed a complaint for breach of contract, goods sold and delivered, account stated and open account against us in the Superior Court of the State of California, County of San Francisco. Suntech alleged that it delivered products and did not receive full payment from us. On July 31, 2012, we and Suntech entered into a settlement of this dispute. Because of our inability to make scheduled settlement payments, on March 15, 2013, Suntech entered a judgment against us in the amount of $946,438. As of December 31, 2014, Suntech has not sought to enforce its judgment. As of December 31, 2014, we have included in accounts payable in our consolidated balance sheets a balance due to Suntech America of $946,438. We currently have no unshipped orders from Suntech or Lightway. | |||||||||
Customer Relationships | |||||||||
The relative magnitude and the mix of revenue from our largest customers have varied significantly quarter to quarter. During the year ended December 31, 2014, five customers have accounted for significant revenues, varying by period, to our company: Smart Energy Today (“Smart Energy”), which specializes in helping home owners and business owners become more energy efficient, WDC Solar, Inc. (“WDC”), a leading construction, integration and installation of commercial, residential and utility scale solar installations in the Washington D.C. area, JCF Wholesale (“JCF”) a provider of residential and commercial electrical services in Southern California, Lowe’s Companies, Inc. (Lowe’s), a nationwide home improvement retail chain, and Sustainable Environmental Enterprises (“SEE”), a leading provider of renewable energy and development projects located in New Orleans, Louisiana. For the year ended December 31, 2014 and 2013, the percentages of sales of our top five customers are as follows: | |||||||||
Years Ended | |||||||||
December 31, | |||||||||
2014 | 2013 | ||||||||
Smart Energy Today | 13.3 | % | 13.5 | % | |||||
WDC Solar, Inc. | 12 | % | 14.7 | % | |||||
JCF Wholesale | 8.7 | % | 10.6 | % | |||||
Lowe’s | 5.9 | % | 6.9 | % | |||||
Sustainable Environmental Enterprises | 1.3 | % | 52.8 | % | |||||
The percentage of our gross accounts receivable for our top customers as of December 31, 2014 and 2013, are as follows: | |||||||||
December 31, | |||||||||
2014 | 2013 | ||||||||
WDC Solar, Inc. | 40.1 | % | — | ||||||
Lowe’s | 16.8 | % | — | ||||||
Sustainable Environmental Enterprises | — | % | 86.7 | % | |||||
Smart Energy Today | 6.5 | % | — | ||||||
We maintain reserves for potential credit losses and such losses, in the aggregate, have generally not exceeded management’s estimates. Our top three vendors accounted for approximately 39% and 25% of purchases as of December 31, 2014 and 2013, respectively. As of December 31, 2014 and 2013, accounts payable included amounts owed to these top three suppliers of approximately $0 and $1.0 million, respectively. |
Note_19_Employee_Benefit_Plan
Note 19 - Employee Benefit Plan | 12 Months Ended |
Dec. 31, 2014 | |
Compensation and Retirement Disclosure [Abstract] | |
Pension and Other Postretirement Benefits Disclosure [Text Block] | 19. Employee Benefit Plan |
On December 14, 2007, the Board of Directors approved the 401(k) profit sharing plan (the “401(k) Plan”) effective January 1, 2008. Employees began deferring a portion of their compensation into the 401(k) Plan commencing on January 1, 2008. In 2011, we began making matching contributions equal to 10% of the employee contribution. For the years ended December 31, 2014 and 2013, there was no accrual relating to this matching contribution. |
Note_20_Subsequent_Events
Note 20 - Subsequent Events | 12 Months Ended |
Dec. 31, 2014 | |
Subsequent Events [Abstract] | |
Subsequent Events [Text Block] | 20. Subsequent Events |
On February 9, 2015, the law firm of Snell & Wilmer LLP filed suit against us in California Superior Court, County of Orange. The complaint alleges that we have failed to pay Snell & Wilmer fees due to that firm in connection with prior patent prosecution litigation, in an amount of no less than $808,202, plus interest. We are still evaluating the merits of the claim. As of December 31, 2014, we have included in accounts payable in our Consolidated Balance Sheets a balance due to Snell & Wilmer of $808,202. | |
On December 10, 2014, we entered into an Equity Purchase Agreement (the “December Equity Purchase Agreement”) with Southridge Partners II, LP (“Southridge”), that superseded our prior Equity Purchase Agreement with Southridge that was entered into on January 23, 2014 (the “Prior Equity Purchase Agreement”). The terms of the December Equity Purchase Agreement are substantially similar to those of the Prior Equity Purchase Agreement. | |
Pursuant to the December Equity Purchase Agreement and as provided in the Prior Equity Purchase Agreement, Southridge has committed to purchase up to $5,000,000 worth of our common stock, over a period of time terminating on the earlier of: (i) 18 months from the effective date of the registration statement to be filed by us for the December Equity Purchase Agreement; or (ii) the date on which Southridge has purchased an aggregate maximum purchase price of $5,000,000 pursuant to the December Equity Purchase Agreement; Southridge’s commitment to purchase our common stock is subject to various conditions, including, but not limited to, limitations based on the trading volume of our common stock. | |
We submitted various take-down requests during the first quarter of 2015 pursuant to the terms of the December Equity Purchase Agreement. As of April 10, 2015, 53,781,201 shares had been sold at an average price of $0.013 per share, resulting in total proceeds of approximately $780,000. |
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Accounting Policies [Abstract] | |||||||||
Liquidity Disclosure [Policy Text Block] | Liquidity and Financial Position | ||||||||
We currently face challenges meeting the working capital needs of our business. Our primary requirements for working capital are to fund purchases for solar panels and microinverters, and to cover our payroll and lease expenses. We have incurred net losses and negative cash flows from operations for each of the years ended December 31, 2014 and 2013. During recent years, we have undertaken several equity and debt financing transactions to provide the capital needed to sustain our business. We have dramatically reduced our headcount and other variable expenses. As of December 31, 2014, we had approximately $62,000 in cash on hand. We intend to address ongoing working capital needs through sales of remaining inventory, along with raising additional debt and equity financing. In January 2013, our board of directors approved actions to dramatically reduce our variable operating costs, including a 12 person employee headcount reduction effective January 15, 2013, for the period through the anticipated merger closing with CBD, which was terminated in July 2013. No restructuring charges or severance payments were incurred. Our revenue levels remain difficult to predict, and as we anticipate we will continue to sustain losses in the near term, we cannot assure investors that we will be successful in reaching break-even. | |||||||||
During 2012, because of our cash position and liquidity constraints, we were late in making payments to both of our former panel suppliers, Suntech and Lightway. We currently have no unshipped orders from these suppliers. In September 2013, we entered into a supply agreement for assembly of our proprietary modules with Tianwei New Energy Co, Ltd., a panel supplier located in China. We began receiving product from Tianwei in February 2014 and stopped as of June 2014. In July 2014, we entered into a supply agreement for assembly of our proprietary modules with Auxin Solar, Inc., a panel supplier located in the United States. In December 2014, we began distributing panels from our new supplier. Although we believe we can find alternative suppliers for solar panels manufactured to our specifications, our operations would be disrupted unless we are able to rapidly secure alternative sources of supply, our inventory and revenue could diminish significantly, causing disruption to our operations. | |||||||||
The accompanying consolidated financial statements have been prepared assuming we will continue as a going concern. Our significant operating losses, negative cash flow from operations, and challenges in rapidly securing alternative sources of supply for solar panels, raise substantial uncertainty about our ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty, and contemplate the realization of assets and the settlement of liabilities and commitments in the normal course of business. There can be no assurance that we will be able to raise additional funds on commercially reasonable terms, if at all. There is uncertainty to our anticipated revenue levels and to the timing of cash receipts, which are needed to support our operations. It also worsens the market conditions for seeking equity and debt financing. We currently anticipate that we will retain all of our earnings, if any, for development of our business and do not anticipate paying any cash dividends on common stock in the foreseeable future. | |||||||||
Debt, Policy [Policy Text Block] | Convertible Notes payable | ||||||||
On August 30, 2013, we entered into a securities purchase agreement with Alpha Capital Anstalt (“Alpha Capital”) relating to the sale and issuance of a convertible note in the principal amount of $200,000 that matures August 29, 2015 (the "Convertible Note"). Subsequently, on November 25, 2013 and December 19, 2013, we entered into additional securities purchase agreements with Alpha Capital relating to the sale and issuance of convertible notes in the principal amount of $200,000 and $250,000, respectively, which mature on November 25, 2015 and December 19, 2015. On January 27, 2014, we issued a convertible note in the principal amount of $100,000 that matures on January 27, 2016 under the Securities Purchase Agreement we entered into with Alpha Capital on December 19, 2013. In connection with the issuance of the December 19, 2013 convertible note, we also issued 6,250,000 warrants to purchase shares of our common stock at a price of $0.02 per share. On February 25, 2014, we entered into a Securities Purchase Agreement with the Alpha Capital related to the sale and issuance of a convertible note in the principal amount of $200,000 that matures on February 25, 2016. In connection with the issuance of the February 25, 2014 convertible note, we issued 5,000,000 warrants to purchase shares of our common stock at a price of $0.02 per share. On March 18, 2014, we entered into a Securities Purchase Agreement with the Alpha Capital related to the sale and issuance of a convertible note in the principal amount of $300,000 that matures on March 18, 2016. In connection with the March 18, 2014 convertible note, we issued a five–year warrant to purchase 7,500,000 shares of our common stock at an exercise price of $.02 per share. Each of the Convertible Notes bear interest at the rate of 8% per annum compounded annually, are payable at maturity and the principal and interest outstanding under the convertible notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02 per share, subject to adjustment upon the happening of certain events, including stock dividends, stock splits and the issuance of common stock equivalents at a price below the conversion price. Subject to our fulfilling certain conditions, including beneficial ownership limits, the convertible notes are subject to a mandatory conversion if the closing price of our common stock for any 20 consecutive days commencing six months after the issue date of the convertible notes equal or exceeds $0.04 per share. Unless waived in writing by the purchaser, no conversion of the convertible notes can be effected to the extent that as a result of such conversion the purchaser would beneficially own more than 9.99% in the aggregate of our issued and outstanding common stock immediately after giving effect to the issuance of common stock upon conversion. | |||||||||
We have the option of repaying the outstanding principal amount of the convertible notes, in whole or in part, by paying the purchaser a sum of money equal to one hundred and twenty percent (120%) of the principal together with accrued but unpaid interest upon 30 days’ notice, subject to certain beneficial ownership limits. For so long as we have any obligation under the convertible notes, we have agreed to certain restrictions regarding, among other things, incurrence of additional debt, liens, amendments to charter documents, repurchase of stock, payment of cash dividends, affiliated transactions. We are also prohibited from entering into certain variable priced agreements until the convertible notes are repaid in full. | |||||||||
Because of certain down-round protection in the conversion rate of the convertible notes, we determined that the derivative liability related to the embedded conversion feature met the criteria for bifurcation. Accordingly, we recognized an aggregate liability of $123,000 on the three issuance dates during the year ended December 31, 2014. This was in addition to the carrying value of the derivative liability on three previously recorded derivatives of $178,000. The derivative liability is carried at fair value with changes in the fair value reflected in the “Adjustment to the fair value of embedded derivatives” line item of our condensed consolidated statements of operations. We recognized a non-cash benefit for the year ended December 31, 2014 of $51,000 on a total of six convertible notes. | |||||||||
In addition, the relative fair value of the warrants issued in the December 2013 convertible note issuance of $250,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 149.1%, a risk free interest rate of 0.7% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $109,000 is being accreted to interest using the effective interest method. The relative fair value of the warrants issued in the February 2014 convertible note issuance of $200,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 169.1, a risk free interest rate of 0.7% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $101,000 is being accreted to interest using the effective interest method. The relative fair value of the warrants issued in the March 2014 convertible note issuance of $300,000, were allocated to additional paid-in capital. Such value was determined assuming volatility of 168.8%, a risk free interest rate of 0.8% and an expected term of 4.1 years. The resulting debt discount from the derivative liability and warrant issuance of $154,000 is being accreted to interest using the effective interest method. | |||||||||
On November 1 and December 1, 2013, and on January 1, February 1 and March 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $30,000 each for a total of $150,000, which mature on October 31, November 30 and December 31, 2014, and on January 31 and February 28, 2015, respectively. On April 1, May 1 and June 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $20,000 each, for a total of $60,000, which mature on March 31, April 30 and May 31, 2015, respectively. On July 1, 2014, we issued convertible notes to our financial advisory firm in the principal amount of $10,000, which matures on June 30, 2015. Each of the Convertible Notes bear interest at the rate of 8% per annum compounded annually, are payable at maturity and the principal and interest outstanding under the convertible notes are convertible into shares of our common stock, at any time after issuance, at the option of the purchaser, at a conversion price equal to $0.02 per share. Unless waived in writing by the purchaser, no conversion of the convertible notes can be effected to the extent that as a result of such conversion the purchaser would beneficially own more than 9.99% in the aggregate of our issued and outstanding common stock immediately after giving effect to the issuance of common stock upon conversion. During 2014, convertible notes in the principal amount of approximately $940,000, along with accrued interest of $68,319, were converted into 50,439,751 shares of our common stock. | |||||||||
Line of credit | |||||||||
On September 30, 2013, we entered into a loan and security agreement with Alpha Capital Anstalt and Collateral Services, LLC to provide financing, on a discretionary basis, for one year, against our accounts receivable and inventory. The maximum amount that can be borrowed under the Agreement is $500,000. We have the right to borrow up to 80% of our eligible accounts receivable, not in excess of $200,000, 50% of the value of our raw materials in inventory, 65% of our finished goods inventory and 95% of cash, but not in the aggregate amount in excess of $300,000. The advances are secured by a lien on all of our assets. All advances under the agreement bear interest at a per annum rate of 12% and monthly interest shall be a minimum of $500. At the time of initial funding we paid a loan fee of 50 shares of our Series D Preferred Shares to the lender, in addition to other payments for legal fees. In addition, we paid the collateral agent an initial fee of $5,000 and have agreed to pay an administrative fee to the collateral agent of 0.5% per month of the daily balance during the preceding month or $500 whichever is less. In the event that of a prepayment, we are obligated to pay a prepayment fee in an amount equal to one-half of one percent (0.5%) of $500,000. On September 30, 2013, we requested and received an initial borrowing under the Agreement totaling $350,000. Subsequently, on October 21, 2013, we requested and received an additional $100,000 and on November 20, 2013, we requested and received an additional $50,000. As of December 31, 2014, the balance outstanding under our line of credit was $500,000. On February 27, 2015, we agreed to extend the term of the agreement for one year, and to exchange the $500,000 plus interest owing under the agreement for a one year, 8%, convertible note. We are no longer able to make borrowings under the line of credit agreement. | |||||||||
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents | ||||||||
We consider all highly liquid investments with maturities of three months or less, when purchased, to be cash equivalents. At certain times, such amounts exceed FDIC insurance limits. We have not experienced any losses on these investments. As of December 31, 2014 and 2013, we had no cash equivalents. | |||||||||
Receivables, Policy [Policy Text Block] | Accounts Receivable | ||||||||
Accounts receivable consist of trade receivables. We regularly evaluate the collectability of our accounts receivable. An allowance for doubtful accounts is maintained for estimated credit losses. We consider a number of factors when estimating credit losses, including the aging of a customer’s account, creditworthiness of specific customers, historical trends and other information. | |||||||||
Inventory, Policy [Policy Text Block] | Inventory | ||||||||
Inventory is stated at the lower of cost (on an average basis) or market value. We determine cost based on the weighted-average purchase price and include both the costs of acquisition and the shipping costs in inventory. We regularly review the cost of inventory against its estimated market value and record a lower of cost or market write-down to cost of goods sold, if any inventory has a cost in excess of estimated market value. | |||||||||
Property, Plant and Equipment, Policy [Policy Text Block] | Property and Equipment | ||||||||
Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are provided for using the straight-line method over the estimated useful lives of the respective assets. | |||||||||
Estimated useful lives are as follows: | |||||||||
Category | Useful Lives (years) | ||||||||
Office Equipment | 2 | - | 5 | ||||||
Vehicles | 3 | - | 5 | ||||||
Leasehold Improvements | 2 | ||||||||
Maintenance and repairs are expensed as incurred. Expenditures for significant renewals or betterments are capitalized. Upon disposition, the cost and related accumulated depreciation are removed from the accounts and the resulting gain or loss is reflected in current operations. | |||||||||
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Long-Lived Assets | ||||||||
We review long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of a long-lived asset may not be recoverable. We periodically evaluate whether events and circumstances have occurred that may warrant revision of the estimated useful lives of our long-lived assets or whether the remaining balance of long-lived assets should be evaluated for possible impairment. We do not believe that there were any indicators of impairment that would require an adjustment to such assets or their estimated periods of recovery at December 31, 2014 and 2013. | |||||||||
Goodwill and Intangible Assets, Policy [Policy Text Block] | Patent Costs | ||||||||
We capitalize external legal costs and filing fees associated with obtaining or defending our patents. Upon issuance of new patents or successful defense of existing patents, we amortize these costs using the straight line method over the shorter of the legal life of the patent or its economic life. We believe the remaining useful life we assign to these patents, approximately 10 years as of December 31, 2014, are reasonable. We periodically review our patents to determine whether any such cost have been impaired and are no longer being used. To the extent we are no longer using certain patents, the associated costs will be written off at that time. | |||||||||
Costs associated with patents currently held are approximately $1.1 million, net of approximately $314,000 of accumulated amortization, are included in patents, net as of December 31, 2014, and are being amortized over the estimated useful life, which was determined to be seventeen years. Amortization expense of patents was approximately $113,000 in each of the years ended December 31, 2014 and 2013. Estimated amortization expense of patents for the five years subsequent to December 31, 2013, is approximately $113,000 per year. Capitalized filing fees associated with obtaining new patents not yet issued and defense of existing patents (not yet resolved) of approximately $141,000 are included in other assets as December 31, 2014. | |||||||||
Discontinued Operations, Policy [Policy Text Block] | Discontinued Operations | ||||||||
Discontinued operations are presented and accounted for in accordance with Accounting Standards Codification (ASC) 360, “Impairment or Disposal of Long-Lived Assets,” (ASC 360). When a qualifying component of the Company is disposed of or has been classified as held for sale, the operating results of that component are removed from continuing operations for all periods presented and displayed as discontinued operations if: (a) elimination of the component’s operations and cash flows from the Company’s ongoing operations has occurred (or will occur) and (b) significant continuing involvement by the Company in the component’s operations does not exist after the disposal transaction. | |||||||||
On September 10, 2010, we announced that we were exiting the solar panel installation business. The exit from the installation business was essentially completed at the end of the fourth quarter of 2010. The exit from the installation business was therefore classified as discontinued operations for all periods presented under the requirements of ASC 360. | |||||||||
We re-entered the residential and commercial installation business in the fourth quarter 2014. As a result of re-entering the installation business, we reclassified our discontinued operations into continuing operations. | |||||||||
Reclassifications | |||||||||
Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. | |||||||||
Manufacturer and Installation Warranties | |||||||||
The manufacturer directly warrants the solar panels and inverters for a range from 15 to 25 years. We warrant the balance of system components of our products against defects in material and workmanship for five years. We assist our customers in the event of a claim under the manufacturer warranty to replace a defective solar panel or inverter. The warranty liability for the material and the workmanship of the balance of system components of approximately $371,000 as of December 31, 2014 and $345,000 as of December 31, 2013, is included within “Accrued warranty” in the accompanying consolidated balance sheets. | |||||||||
The liability for our manufacturing warranty consists of the following: | |||||||||
Years Ended | |||||||||
2014 | 2013 | ||||||||
Beginning accrued warranty balance | $ | 1,312,918 | $ | 1,372,342 | |||||
Reduction for labor payments and claims made under the warranty | (75,966 | ) | (79,134 | ) | |||||
Accruals related to warranties issued during the period | 25,863 | 19,710 | |||||||
Adjustment to warranty liability for discontinued operations | (324,349 | ) | — | ||||||
Ending accrued warranty balance | $ | 938,466 | $ | 1,312,918 | |||||
We previously recorded a provision for warranty liability related to our discontinued installation operations. We provided for a 5-year or a 10-year warranty on the installation of a system and all equipment and incidental supplies other than solar panels and inverters that are covered under the manufacturer warranty. During the year ended December 31, 2014, we re-evaluated our warranty liability related to our discontinued installation operations right before and in conjunction with re-entering the installation operations, we reduced the liability by approximately $324,000. This reduction to the liabilities for discontinued operations was recorded as a gain from operations of discontinued operations. The remaining warranty liability related to our previously discontinued operations was reclassified into current liabilities and has been included in “Accrued warranty.” Defective solar panels or inverters are covered under the manufacturer warranty. In the event that a panel or inverter needs to be replaced, we will replace the defective item within the manufacturer’s warranty period (between 5-25 years). | |||||||||
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments | ||||||||
The carrying values reported for cash equivalents, accounts receivable, accounts payable, accrued liabilities and the outstanding credit facility approximated their respective fair values at each balance sheet date due to the short-term maturity of these financial instruments. | |||||||||
Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition | ||||||||
Revenue from sales of products is recognized when: (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the sale price is fixed or determinable, and (4) collection of the related receivable is reasonably assured. We recognize revenue when the solar power systems are shipped to the customer. Revenue from installation of a system is recognized when (1) persuasive evidence of an arrangement exists, (2) delivery has occurred or services have been rendered, (3) the sales price is fixed or determinable, and (4) collection of the related receivable is reasonably assured. In general, we recognize revenue upon completion of a system installation for residential installations and we recognize revenue under the percentage-of-completion method for commercial installations. Revenue recognition methods for revenue streams that fall under other categories are determined based on facts and circumstances. | |||||||||
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-based Compensation | ||||||||
We apply the fair value method under Accounting Standards Codification (ASC) 718 in accounting for our 2001 Stock Option Plan and our 2006 Stock Incentive Plan. Under ASC 718, compensation cost is measured at the grant date based on the fair value of the equity instruments awarded and is recognized over the period during which an employee is required to provide service in exchange for the award, or the requisite service period, which is usually the vesting period. The fair value of the equity award granted is estimated on the date of the grant. | |||||||||
Advertising Costs, Policy [Policy Text Block] | Advertising | ||||||||
We expense advertising costs as incurred. Advertising expense, included in “Sales and marketing expenses,” for the years ended December 31, 2014 and 2013, was approximately $15,000 and $16,000, respectively. | |||||||||
Research and Development Expense, Policy [Policy Text Block] | Research and Development Costs | ||||||||
Research and development expenses, which include the cost of activities that are useful in developing new products, processes or techniques, as well as expenses for activities that may significantly improve existing products or processes are expensed as incurred. In the years ended December 31, 2014 and 2013, we expensed approximately $178,000 and $243,000, respectively, in costs related to research and development activities that are included under general and administrative expenses on the consolidated statements of operations. | |||||||||
Shipping and Handling Cost, Policy [Policy Text Block] | Shipping and Handling Costs | ||||||||
Shipping and handling costs associated with inbound freight are included in cost of inventory and expensed as cost of goods sold when the related inventory is sold. | |||||||||
Income Tax, Policy [Policy Text Block] | Income Taxes | ||||||||
Deferred income taxes arise from timing differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. A deferred tax asset valuation allowance is recorded when it is more likely than not that deferred tax assets will not be realized. Utilization of net operating loss carryforwards may be subject to a substantial annual limitation due to ownership change limitations provided by the Internal Revenue Code. The annual limitation may result in the expiration of net operating loss carryforwards before utilization. We apply the provisions of ASC 740, formerly FASB Interpretation No. 48, “Accounting for Uncertainty in Income Taxes” (FIN 48). We recognize the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting this standard, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. | |||||||||
Earnings Per Share, Policy [Policy Text Block] | Earnings Per Share | ||||||||
We follow Accounting Standards Codification (ASC) 260 (ASC 260), “Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities” (the “Staff Position”), which states that unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities and shall be included in the computation of net income (loss) per share pursuant to the two-class method described in ASC, Earnings Per Share. | |||||||||
In accordance with the Staff Position, basic net income (loss) per share is computed by dividing net income (loss), excluding net income (loss) attributable to participating securities, by the weighted average number of shares outstanding less the weighted average unvested restricted shares outstanding. Diluted net income (loss) per share is computed by dividing net income (loss), excluding net income (loss) attributable to participating securities, by the denominator for basic net income (loss) per share and any dilutive effects of stock options, restricted stock, convertible notes and warrants. | |||||||||
The following table sets forth the computation of basic and diluted net loss per share: | |||||||||
Year Ended | |||||||||
December 31, | |||||||||
2014 | 2013 | ||||||||
Basic: | |||||||||
Numerator: | |||||||||
Net loss | $ | (1,852,301 | ) | $ | (2,830,047 | ) | |||
Preferred deemed dividend and preferred stock dividend | (18,927 | ) | (1,028,609 | ) | |||||
Less: Net loss allocated to participating securities | 6,005 | 12,503 | |||||||
$ | (1,865,223 | ) | $ | (3,846,153 | ) | ||||
Denominator: | |||||||||
Weighted-average shares outstanding | 204,471,018 | 69,477,915 | |||||||
Weighted-average unvested restricted shares outstanding | (656,121 | ) | (306,958 | ) | |||||
Denominator for basic net loss per share | 203,814,897 | 69,170,957 | |||||||
Basic net loss per share attributable to common stockholders | $ | (0.01 | ) | $ | (0.06 | ) | |||
The following table sets forth potential shares of common stock at the end of each period presented that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive: | |||||||||
Segment Reporting, Policy [Policy Text Block] | Segment Reporting | ||||||||
Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by management in deciding how to allocate resources and in assessing performance. We are engaged in two business segments; (i) we sell our AC solar panels to solar installers, trade workers and do-it-yourself customers through distribution partnerships, our dealer network and retail outlets, and (ii) we market, sell, design and install systems for residential and commercial customers. Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by management in deciding how to allocate resources and in assessing performance. We re-entered the residential and commercial installation business in the fourth quarter 2014, and we do not report separate segment information because these sales are not material for the year ended December 31, 2014. | |||||||||
Use of Estimates, Policy [Policy Text Block] | Use of Estimates | ||||||||
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | |||||||||
Consolidation, Policy [Policy Text Block] | Principles of Consolidation | ||||||||
The accompanying consolidated financial statements include the accounts of Andalay Solar and Fairview, pursuant to the Merger as described in Note 1. We also have two wholly-owned subsidiaries as of December 31, 2014 and 2013. Akeena Corp. is a wholly-owned subsidiaries of Andalay Solar, Inc. All inter-company accounts have been eliminated in consolidation. | |||||||||
New Accounting Pronouncements, Policy [Policy Text Block] | Recent Accounting Pronouncements | ||||||||
In April 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-08, "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity" (ASU 2014-08). ASU 2014-08 changes the criteria for reporting discontinued operations by requiring that in order for a disposal to qualify as a discontinued operation, the disposal must represent a strategic shift that has (or will have) a major effect on the entity's operations and financial results. ASU 2014-08 also requires additional disclosures both for discontinued operations and individually significant components of an entity that do not qualify as discontinued operations. ASU 2014-08 is effective for annual and interim periods beginning on or after December 15, 2014, with early adoption permitted. We adopted the provisions of ASU 2014-08 and such adoption did not have a material impact on our consolidated financial statements. | |||||||||
In May 2014, as part of its ongoing efforts to assist in the convergence of U.S. GAAP and International Financial Reporting Standards (“IFRS”), the FASB issued ASU 2014-09, “Revenue from Contracts with Customers.” The new guidance sets forth a new five-step revenue recognition model which replaces the prior revenue recognition guidance in its entirety and is intended to eliminate numerous industry-specific pieces of revenue recognition guidance that have historically existed in U.S. GAAP. The underlying principle of the new standard is that a business or other organization will recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects what it expects in exchange for the goods or services. The standard also requires more detailed disclosures and provides additional guidance for transactions that were not addressed completely in the prior accounting guidance. The ASU provides alternative methods of initial adoption and is effective for annual and interim periods beginning after December 15, 2016. We are currently evaluating the impact that this standard will have on our consolidated financial statements. | |||||||||
In June 2014, the FASB issued ASU No. 2014-12, "Compensation – Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved After a Requisite Service Period" ("ASU 2014-12") Companies commonly issue share-based payment awards that require a specific performance target to be achieved in order for employees to become eligible to vest in the awards. ASU 2014-12 requires that a performance target that affects vesting and that could be achieved after the requisite service period should be treated as a performance condition. 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. ASU 2014-12 will be effective for the Company's fiscal years beginning fiscal 2016 and interim reporting periods within that year, using either the retrospective or prospective transition method. Early adoption is permitted. We are currently evaluating the effect of the adoption of this guidance on the condensed consolidated financial statements. | |||||||||
In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements – Going Concern: Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern" ("ASU 2014-15"), to provide guidance on management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Since ASU 2014-15 only impacts financial statement disclosure requirements regarding whether there is substantial doubt about an entity's ability to continue as a going concern, we do not expect its adoption to have an impact on our consolidated financial statements. |
Note_2_Summary_of_Significant_1
Note 2 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Accounting Policies [Abstract] | |||||||||
Property Plant and Equipment Estimated Useful Lives [Table Text Block] | Category | Useful Lives (years) | |||||||
Office Equipment | 2 | - | 5 | ||||||
Vehicles | 3 | - | 5 | ||||||
Leasehold Improvements | 2 | ||||||||
Schedule of Product Warranty Liability [Table Text Block] | Years Ended | ||||||||
2014 | 2013 | ||||||||
Beginning accrued warranty balance | $ | 1,312,918 | $ | 1,372,342 | |||||
Reduction for labor payments and claims made under the warranty | (75,966 | ) | (79,134 | ) | |||||
Accruals related to warranties issued during the period | 25,863 | 19,710 | |||||||
Adjustment to warranty liability for discontinued operations | (324,349 | ) | — | ||||||
Ending accrued warranty balance | $ | 938,466 | $ | 1,312,918 | |||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Year Ended | ||||||||
December 31, | |||||||||
2014 | 2013 | ||||||||
Basic: | |||||||||
Numerator: | |||||||||
Net loss | $ | (1,852,301 | ) | $ | (2,830,047 | ) | |||
Preferred deemed dividend and preferred stock dividend | (18,927 | ) | (1,028,609 | ) | |||||
Less: Net loss allocated to participating securities | 6,005 | 12,503 | |||||||
$ | (1,865,223 | ) | $ | (3,846,153 | ) | ||||
Denominator: | |||||||||
Weighted-average shares outstanding | 204,471,018 | 69,477,915 | |||||||
Weighted-average unvested restricted shares outstanding | (656,121 | ) | (306,958 | ) | |||||
Denominator for basic net loss per share | 203,814,897 | 69,170,957 | |||||||
Basic net loss per share attributable to common stockholders | $ | (0.01 | ) | $ | (0.06 | ) | |||
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | 31-Dec-14 | 31-Dec-13 | |||||||
Stock options outstanding | 37,034,483 | 5,368,233 | |||||||
Unvested restricted stock | 7,186 | 1,890,952 | |||||||
Warrants to purchase common stock | 22,148,045 | 9,648,045 | |||||||
Preferred stock convertible into common stock | — | 68,353,582 |
Note_4_Accounts_Receivable_Tab
Note 4 - Accounts Receivable (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Receivables [Abstract] | |||||||||||||||||
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | December 31, | December 31, | |||||||||||||||
2014 | 2013 | ||||||||||||||||
Trade accounts | $ | 154,172 | $ | 575,375 | |||||||||||||
Less: Allowance for bad debts | (24,882 | ) | (2,899 | ) | |||||||||||||
Less: Allowance for returns | (10,834 | ) | (4,953 | ) | |||||||||||||
$ | 118,456 | $ | 567,523 | ||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | Balance as of Beginning of Period | Provisions, net | Write-Off | Balance as of End of Period | |||||||||||||
Year ended December 31, 2014 | $ | 2,899 | $ | 36,763 | $ | (14,780 | ) | $ | 24,882 | ||||||||
Year ended December 31, 2013 | $ | 108,750 | $ | 92,224 | $ | (198,075 | ) | $ | 2,899 |
Note_5_Inventory_Tables
Note 5 - Inventory (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Inventory Disclosure [Abstract] | |||||||||
Schedule of Inventory, Current [Table Text Block] | December 31, | December 31, | |||||||
2014 | 2013 | ||||||||
Finished goods | $ | 669,706 | $ | 654,970 | |||||
Work in process | 58,666 | 131,666 | |||||||
$ | 728,372 | $ | 786,636 |
Note_6_Prepaid_Expenses_and_Ot1
Note 6 - Prepaid Expenses and Other Current Assets (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Disclosure Text Block Supplement [Abstract] | |||||||||
Schedule of Other Assets [Table Text Block] | December 31, | December 31, | |||||||
2014 | 2013 | ||||||||
Prepaid insurance | $ | 116,243 | $ | 152,812 | |||||
Prepaid - other | 46,471 | 68,906 | |||||||
Vendor deposits | 117,352 | 95,792 | |||||||
$ | 280,066 | $ | 317,510 |
Note_7_Property_and_Equipment_1
Note 7 - Property and Equipment, Net (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Property, Plant and Equipment [Abstract] | |||||||||
Property, Plant and Equipment [Table Text Block] | December 31, | December 31, | |||||||
2014 | 2013 | ||||||||
Office equipment | $ | 436,051 | $ | 436,051 | |||||
Leasehold improvements | 123,278 | 123,278 | |||||||
Vehicles | 17,992 | 17,992 | |||||||
577,321 | 577,321 | ||||||||
Less: Accumulated depreciation and amortization | (576,622 | ) | (563,467 | ) | |||||
$ | 699 | $ | 13,854 |
Note_8_Accrued_Liabilities_Tab
Note 8 - Accrued Liabilities (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Payables and Accruals [Abstract] | |||||||||
Schedule of Accrued Liabilities [Table Text Block] | December 31, | December 31, | |||||||
2014 | 2013 | ||||||||
Accrued salaries, wages, benefits and bonus | $ | 45,586 | $ | 45,456 | |||||
Sales tax payable | 662 | 4,409 | |||||||
Customer deposit payable | 41,265 | 580 | |||||||
Accrued interest | 5,683 | 6,288 | |||||||
Other accrued liabilities | 11,033 | 32,997 | |||||||
$ | 104,229 | $ | 89,730 |
Note_9_Convertible_Notes_Payab1
Note 9 - Convertible Notes Payable and Credit Facility (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Debt Disclosure [Abstract] | |||||||||
Convertible Debt [Table Text Block] | 31-Dec-14 | 31-Dec-13 | |||||||
Convertible notes payable | $ | 520,000 | $ | 650,000 | |||||
Convertible notes payable issued for financial advisory services | 10,000 | 60,000 | |||||||
Less: Derivative liability | (93,376 | ) | (243,889 | ) | |||||
Less: Relative fair value of warrants | (170,767 | ) | (53,623 | ) | |||||
Accreted interest | 79,358 | 21,889 | |||||||
Accrued interest | 28,284 | 7,707 | |||||||
Convertible notes payable, net | 373,499 | 442,084 | |||||||
Less current portion | (30,000 | ) | (60,000 | ) | |||||
$ | 343,499 | $ | 382,084 |
Note_13_Stock_Option_and_Incen1
Note 13 - Stock Option and Incentive Plan (Tables) | 12 Months Ended | ||||||||||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block] | Number of | Weighted-Average | |||||||||||||||||||||||
Restricted Shares | Grant Date | ||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||
Outstanding and not vested beginning balance as of January 1, 2013 | 48,073 | $ | 2.5 | ||||||||||||||||||||||
Granted | 2,500,000 | $ | 0.03 | ||||||||||||||||||||||
Forfeited/cancelled | (21,798 | ) | $ | 2.46 | |||||||||||||||||||||
Released/vested | (635,323 | ) | $ | 0.08 | |||||||||||||||||||||
Outstanding and not vested beginning balance as of January 1, 2014 | 1,890,952 | $ | 0.05 | ||||||||||||||||||||||
Granted | — | $ | — | ||||||||||||||||||||||
Forfeited/cancelled | — | $ | — | ||||||||||||||||||||||
Released/vested | (1,883,766 | ) | $ | 0.04 | |||||||||||||||||||||
Outstanding and not vested as of December 31, 2014 | 7,186 | $ | 2.16 | ||||||||||||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | Number of | Weighted-Average | Number of | Weighted-Average | |||||||||||||||||||||
Shares Subject To | Exercise Price | Shares Subject To | Exercise Price | ||||||||||||||||||||||
Option 2014 | Option 2013 | ||||||||||||||||||||||||
Outstanding beginning balance | 6,618,233 | $ | 0.11 | 679,744 | $ | 2.82 | |||||||||||||||||||
Granted during the year | 30,456,250 | 0.02 | 6,400,000 | 0.03 | |||||||||||||||||||||
Forfeited/cancelled/expired during the year | (40,000 | ) | 5.15 | (461,511 | ) | 3.29 | |||||||||||||||||||
Exercised during the year | — | — | — | — | |||||||||||||||||||||
Outstanding at end of year | 37,034,483 | $ | 0.03 | 6,618,233 | $ | 0.11 | |||||||||||||||||||
Exercisable at end of year | 5,934,303 | $ | 0.09 | 2,330,650 | $ | 0.28 | |||||||||||||||||||
Outstanding and expected to vest | 36,916,502 | $ | 0.03 | 6 191,212 | $ | 0.11 | |||||||||||||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | Years Ended | ||||||||||||||||||||||||
December 31, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Weighted-average volatility | 185 | % | 105.5 | % | |||||||||||||||||||||
Expected dividends | 0 | % | 0 | % | |||||||||||||||||||||
Expected life (in years) | 3.5 | 2 | |||||||||||||||||||||||
Weighted-average risk-free interest rate | 1.1 | % | 0.3 | % | |||||||||||||||||||||
Schedule of Nonvested Share Activity [Table Text Block] | Non-Vested | Weighted-Average | |||||||||||||||||||||||
Stock Options | Grant Date | ||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||
Outstanding as of January 1, 2014 | 4,287,583 | $ | 0.02 | ||||||||||||||||||||||
Granted | 30,456,250 | $ | 0.02 | ||||||||||||||||||||||
Forfeited/cancelled | (40,000 | ) | $ | 3.04 | |||||||||||||||||||||
Released/vested | (3,637,403 | ) | $ | 0.02 | |||||||||||||||||||||
Outstanding as of December 31, 2014 | 31,066,430 | $ | 0.02 | ||||||||||||||||||||||
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | Options Outstanding | Vested Options | |||||||||||||||||||||||
Number | Weighted- | Weighted- | Number | Weighted- | |||||||||||||||||||||
Outstanding | Average | Average | Outstanding | Average | |||||||||||||||||||||
Remaining | Exercise | Exercise | |||||||||||||||||||||||
Contractual Life | Price | Price | |||||||||||||||||||||||
(in years) | |||||||||||||||||||||||||
$0.0192 | 12,450,000 | 4.6 | $ | 0.02 | 358,320 | $ | 0.02 | ||||||||||||||||||
$0.020 | - | $0.02 | 18,000,000 | 4.6 | $ | 0.02 | 1,125,000 | $ | 0.02 | ||||||||||||||||
$0.0296 | 6,400,000 | 3.8 | $ | 0.0296 | 4,266,500 | $ | 0.0296 | ||||||||||||||||||
$0.11 | - | $5.32 | 184,483 | 1.3 | $ | 1.95 | 184,483 | $ | 1.95 | ||||||||||||||||
$0.02 | - | $5.32 | 37,034,483 | 4.4 | $ | 0.03 | 5,934,303 | $ | 0.09 |
Note_14_Stock_Warrants_and_War1
Note 14 - Stock Warrants and Warrant Liability (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Disclosure Text Block [Abstract] | |||||||||
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Warrants for | Weighted-Average | |||||||
Number of Shares | Exercise Price | ||||||||
Outstanding as of December 31, 2013 | 9,648,045 | $ | 0.49 | ||||||
Issued | 12,500,000 | 0.02 | |||||||
Exercised | — | — | |||||||
Cancelled/expired | — | — | |||||||
Outstanding as of December, 2014 | 22,148,045 | $ | 0.23 |
Note_15_Fair_Value_Measurement1
Note 15 - Fair Value Measurement (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | |||||||||||||||||
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | Liabilities | Level 1 | Level 2 | Level 3 | 31-Dec-14 | ||||||||||||
Fair value of embedded derivatives | — | — | $ | 129,598 | $ | 129,598 | |||||||||||
Total | $ | — | $ | — | $ | 129,598 | $ | 129,598 | |||||||||
Liabilities | Level 1 | Level 2 | Level 3 | 31-Dec-13 | |||||||||||||
Fair value of embedded derivatives | $ | — | $ | — | $ | 177,927 | $ | 177,927 | |||||||||
Total | $ | — | $ | — | $ | 177,927 | $ | 177,927 | |||||||||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | Embedded Derivative on Convertible Notes | Total Level 3 | |||||||||||||||
Beginning balance – January 1, 2014 | $ | 177,927 | $ | 177,927 | |||||||||||||
Issuances | 122,630 | 122,630 | |||||||||||||||
Total realized and unrealized gains or losses | (50,809 | ) | (50,809 | ) | |||||||||||||
Transfers out of level 3 upon exercise or conversion | (221,768 | ) | (221,768 | ) | |||||||||||||
Ending balance – December 31, 2014 | $ | 129,598 | $ | 129,598 |
Note_16_Income_Taxes_Tables
Note 16 - Income Taxes (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Income Tax Disclosure [Abstract] | |||||||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | December 31, | December 31, | |||||||
2014 | 2013 | ||||||||
Tax at federal statutory rate | $ | (740,000 | ) | $ | (967,000 | ) | |||
State taxes, net of federal benefit | (117,000 | ) | (160,000 | ) | |||||
Research and development credits | — | (12,000 | ) | ||||||
Fair market value of warrants & derivatives | 17,000 | (22,000 | ) | ||||||
Stock-based compensation | 51,000 | 29,000 | |||||||
Other permanent items | 10,000 | 1,000 | |||||||
Valuation allowance | 779,000 | 1,131,000 | |||||||
Income tax provision | $ | — | $ | — | |||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | December 31, | December 31, | |||||||
2014 | 2013 | ||||||||
Deferred tax assets: | |||||||||
Net operating loss and credit carryforwards | $ | 30,227,000 | $ | 29,431,000 | |||||
Stock-based compensation | 1,199,000 | 1,193,000 | |||||||
Stock-based compensation | 422,000 | 558,000 | |||||||
Basis difference for fixed assets and intangibles | 158,000 | 174,000 | |||||||
Total gross deferred tax assets | 32,006,000 | 31,356,000 | |||||||
Valuation allowance | (32,006,000 | ) | (31,356,000 | ) | |||||
Net deferred tax assets | $ | — | $ | — | |||||
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] | 2014 | 2013 | |||||||
Balance, beginning of year | $ | 147,000 | $ | 140,000 | |||||
Additions based on tax positions related to the current year | — | — | |||||||
Additions for tax positions related to prior years | — | 7,000 | |||||||
Reductions for tax positions related to prior years | — | — | |||||||
Balance, end of year | $ | 147,000 | $ | 147,000 |
Note_18_Concentration_of_Risk_1
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Tables) (Customer Concentration Risk [Member]) | 12 Months Ended | ||||||||
Dec. 31, 2014 | |||||||||
Sales Revenue, Goods, Net [Member] | |||||||||
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Tables) [Line Items] | |||||||||
Schedules of Concentration of Risk, by Risk Factor [Table Text Block] | Years Ended | ||||||||
December 31, | |||||||||
2014 | 2013 | ||||||||
Smart Energy Today | 13.3 | % | 13.5 | % | |||||
WDC Solar, Inc. | 12 | % | 14.7 | % | |||||
JCF Wholesale | 8.7 | % | 10.6 | % | |||||
Lowe’s | 5.9 | % | 6.9 | % | |||||
Sustainable Environmental Enterprises | 1.3 | % | 52.8 | % | |||||
Accounts Receivable [Member] | |||||||||
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Tables) [Line Items] | |||||||||
Schedules of Concentration of Risk, by Risk Factor [Table Text Block] | December 31, | ||||||||
2014 | 2013 | ||||||||
WDC Solar, Inc. | 40.1 | % | — | ||||||
Lowe’s | 16.8 | % | — | ||||||
Sustainable Environmental Enterprises | — | % | 86.7 | % | |||||
Smart Energy Today | 6.5 | % | — |
Note_1_Description_of_Business1
Note 1 - Description of Business (Details) (USD $) | 0 Months Ended | ||||
Apr. 13, 2011 | Dec. 31, 2014 | Dec. 31, 2013 | Aug. 11, 2006 | Aug. 10, 2006 | |
Note 1 - Description of Business (Details) [Line Items] | |||||
Number of Shares of Target Company that Each Share of Common Stock Receives in a Merger Transaction | 1 | ||||
Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.01 | |
Common Stock, Shares Authorized | 500,000,000 | 500,000,000 | 500,000,000 | ||
Reverse Stock Split [Member] | |||||
Note 1 - Description of Business (Details) [Line Items] | |||||
Stockholders' Equity Note, Stock Split, Conversion Ratio | 4 |
Note_2_Summary_of_Significant_2
Note 2 - Summary of Significant Accounting Policies (Details) (USD $) | 0 Months Ended | 1 Months Ended | 12 Months Ended | 0 Months Ended | 1 Months Ended | 0 Months Ended | 1 Months Ended | 3 Months Ended | |||||||||||||||||||||||||
Nov. 20, 2013 | Oct. 21, 2013 | Jan. 15, 2013 | Nov. 20, 2013 | Oct. 21, 2013 | Sep. 30, 2013 | Dec. 31, 2014 | Dec. 19, 2013 | Dec. 31, 2013 | Dec. 31, 2010 | Dec. 19, 2013 | Feb. 25, 2014 | Mar. 18, 2014 | Dec. 31, 2013 | Feb. 28, 2014 | Mar. 31, 2014 | Feb. 27, 2015 | Mar. 18, 2014 | Feb. 25, 2014 | Dec. 19, 2013 | Mar. 31, 2014 | Nov. 02, 2013 | Dec. 02, 2013 | Jan. 02, 2014 | Feb. 02, 2014 | Mar. 02, 2014 | Apr. 02, 2014 | 2-May-14 | Jun. 02, 2014 | Jul. 01, 2014 | Aug. 30, 2013 | Nov. 25, 2013 | Jan. 27, 2014 | |
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Cash | $62,000 | ||||||||||||||||||||||||||||||||
Restructuring and Related Cost, Number of Positions Eliminated | 12 | ||||||||||||||||||||||||||||||||
Restructuring Charges | 0 | 3,000,000 | |||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 520,000 | 650,000 | 650,000 | ||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $0.23 | $0.49 | $0.49 | ||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | 0.02 | $0.02 | ||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Threshold Consecutive Trading Days | 20 days | ||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Stock Price Trigger (in Dollars per share) | $0.04 | ||||||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Liability | 243,889 | 243,889 | 243,889 | ||||||||||||||||||||||||||||||
Embedded Derivative, Fair Value of Embedded Derivative Liability | 129,598 | 177,927 | 177,927 | ||||||||||||||||||||||||||||||
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | -50,809 | 65,962 | |||||||||||||||||||||||||||||||
Line of Credit Facility, Initiation Date | 30-Sep-13 | ||||||||||||||||||||||||||||||||
Line of Credit Facility, Expiration Period | 1 year | ||||||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 500,000 | ||||||||||||||||||||||||||||||||
Line of Credit Facility, Collateral Fees, Amount | 5,000 | ||||||||||||||||||||||||||||||||
Line of Credit Facility, Administrative Fee, Percentage | 0.50% | ||||||||||||||||||||||||||||||||
Prepayment Fee, Percent | 0.50% | ||||||||||||||||||||||||||||||||
Long-term Line of Credit | 350,000 | 500,000 | |||||||||||||||||||||||||||||||
Proceeds from Lines of Credit | 50,000 | 100,000 | 50,000 | 100,000 | |||||||||||||||||||||||||||||
Finite-Lived Intangible Assets, Net | 1,131,327 | 1,244,712 | 1,244,712 | ||||||||||||||||||||||||||||||
Amortization of Intangible Assets | 113,385 | 113,071 | |||||||||||||||||||||||||||||||
Product Warranty Accrual, Current | 938,466 | 1,312,918 | 1,312,918 | ||||||||||||||||||||||||||||||
Standard Product Warranty Accrual, Preexisting, Increase (Decrease) | -324,349 | ||||||||||||||||||||||||||||||||
Advertising Expense | 15,000 | 16,000 | |||||||||||||||||||||||||||||||
Research and Development Expense | 178,000 | 243,000 | |||||||||||||||||||||||||||||||
Number of Operating Segments | 2 | ||||||||||||||||||||||||||||||||
Warrants in Connection with December 19, 2013 Convertible Note [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Class of Warrant or Right, Issued During Period (in Shares) | 6,250,000 | ||||||||||||||||||||||||||||||||
Warrants in Connection with Feb. 25, 2014 Convertible Note [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Class of Warrant or Right, Issued During Period (in Shares) | 5,000,000 | ||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||||||||||||||||
Warrants in Connection with March 18, 2014 Convertible Note [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||||||||||||||||
Class of Warrant or Right, Term of Warrants or Rights | 5 years | ||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) | 7,500,000 | 7,500,000 | |||||||||||||||||||||||||||||||
Warrants in Connection with December 2013 Convertible Debt [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Volatility Rate | 149.10% | 149.10% | |||||||||||||||||||||||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 0.70% | 0.70% | |||||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Term | 4 years 36 days | 4 years 36 days | |||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 109,000 | 109,000 | |||||||||||||||||||||||||||||||
Warrants in Connection with February 2014 Convertible Debt [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Volatility Rate | 169.10% | ||||||||||||||||||||||||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 0.70% | ||||||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Term | 4 years 36 days | ||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 101,000 | ||||||||||||||||||||||||||||||||
Warrants in Connection with March 2014 Convertible Debt [Member | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Volatility Rate | 168.80% | ||||||||||||||||||||||||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 0.80% | ||||||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Term | 4 years 36 days | ||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 154,000 | 154,000 | |||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures October 31, 2014 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures November 30, 2014 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures December 31, 2014 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures January 31, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures February 28, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures Between October 31, 2014 And February 28, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 150,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures March 31, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 20,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures April 30, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 20,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures May 31, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 20,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures Between March 31, 2015 and May 31, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 60,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | Matures June 30, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 10,000 | ||||||||||||||||||||||||||||||||
Convertible Note Payable [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | |||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||||||||||||||||
Debt Conversion, Original Debt, Amount | 940,000 | ||||||||||||||||||||||||||||||||
Interest on Convertible Debt, Accrued and Converted | 68,319 | ||||||||||||||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | 50,439,751 | ||||||||||||||||||||||||||||||||
Subsequent Event [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||||||||||||||||||||||||||||||
Debt Instrument, Term | 1 year | ||||||||||||||||||||||||||||||||
Solar Panels and Inverters [Member] | Minimum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 15 years | ||||||||||||||||||||||||||||||||
Solar Panels and Inverters [Member] | Maximum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 25 years | ||||||||||||||||||||||||||||||||
Material and Workmanship [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 5 years | ||||||||||||||||||||||||||||||||
Product Warranty Accrual, Current | 371,000 | 345,000 | 345,000 | ||||||||||||||||||||||||||||||
Installation [Member] | Minimum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 5 years | ||||||||||||||||||||||||||||||||
Installation [Member] | Maximum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 10 years | ||||||||||||||||||||||||||||||||
Installation [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Standard Product Warranty Accrual, Preexisting, Increase (Decrease) | -324,000 | ||||||||||||||||||||||||||||||||
Defective Products [Member] | Minimum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 5 years | ||||||||||||||||||||||||||||||||
Defective Products [Member] | Maximum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Warranty Period | 25 years | ||||||||||||||||||||||||||||||||
Patents [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Finite-Lived Intangible Assets, Remaining Amortization Period | 10 years | ||||||||||||||||||||||||||||||||
Finite-Lived Intangible Assets, Net | 1,100,000 | ||||||||||||||||||||||||||||||||
Finite-Lived Intangible Assets, Accumulated Amortization | 314,000 | ||||||||||||||||||||||||||||||||
Finite-Lived Intangible Asset, Useful Life | 17 years | ||||||||||||||||||||||||||||||||
Amortization of Intangible Assets | 113,000 | 113,000 | |||||||||||||||||||||||||||||||
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 113,000 | ||||||||||||||||||||||||||||||||
Other Finite-Lived Intangible Assets, Gross | 141,000 | ||||||||||||||||||||||||||||||||
Convertible Debt [Member] | Convertible Notes Maturing on August 29, 2015 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 200,000 | ||||||||||||||||||||||||||||||||
Convertible Debt [Member] | Convertible Notes Maturing on November 25, 2013 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 200,000 | ||||||||||||||||||||||||||||||||
Convertible Debt [Member] | Convertible Notes Maturing on December 19, 2013 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 250,000 | 250,000 | 250,000 | ||||||||||||||||||||||||||||||
Convertible Debt [Member] | Convertible Notes Maturing on January 27, 2016 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 100,000 | ||||||||||||||||||||||||||||||||
Convertible Debt [Member] | Convertible Notes Maturing on February 25, 2016 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 200,000 | 200,000 | |||||||||||||||||||||||||||||||
Convertible Debt [Member] | Convertible Notes Maturing on March 18, 2016 [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 300,000 | 300,000 | |||||||||||||||||||||||||||||||
Convertible Debt [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Class of Warrant or Right, Issued During Period (in Shares) | 5,000,000 | 6,250,000 | |||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $0.02 | 0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | ||||||||||||||||||||||||||
Class of Warrant or Right, Term of Warrants or Rights | 5 years | ||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) | 7,500,000 | 7,500,000 | |||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | |||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Threshold Consecutive Trading Days | 20 days | ||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Stock Price Trigger (in Dollars per share) | $0.04 | ||||||||||||||||||||||||||||||||
Line of Credit Facility, Repayment of Principle and Accrued Interest, Total, Percent | 120.00% | 120.00% | |||||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Liability | 123,000 | ||||||||||||||||||||||||||||||||
Embedded Derivative, Fair Value of Embedded Derivative Liability | 178,000 | 178,000 | |||||||||||||||||||||||||||||||
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | 51,000 | ||||||||||||||||||||||||||||||||
Minimum [Member] | Advances [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Monthly Interest Expense, Debt | 500 | ||||||||||||||||||||||||||||||||
Maximum [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Line of Credit Facility, Administrative Fee, Amount | 500 | ||||||||||||||||||||||||||||||||
Series D Preferred Stock [Member] | Securities Pledged as Collateral [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Preferred Stock, Shares Issued (in Shares) | 50 | ||||||||||||||||||||||||||||||||
Series D Preferred Stock [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Preferred Stock, Shares Issued (in Shares) | 930 | ||||||||||||||||||||||||||||||||
Advances [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||||||||||||||||||||||||||||
Accounts Receivable [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 200,000 | ||||||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 80.00% | ||||||||||||||||||||||||||||||||
Raw Materials [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 50.00% | ||||||||||||||||||||||||||||||||
Finished Goods [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 65.00% | ||||||||||||||||||||||||||||||||
Cash [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 95.00% | ||||||||||||||||||||||||||||||||
Aggregate, Cash, Raw Material, and Finished Goods [Member] | |||||||||||||||||||||||||||||||||
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items] | |||||||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $300,000 |
Note_2_Summary_of_Significant_3
Note 2 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives Summary | 12 Months Ended |
Dec. 31, 2014 | |
Office Equipment [Member] | Minimum [Member] | |
Note 2 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives Summary [Line Items] | |
Property and Equipment | 2 years |
Office Equipment [Member] | Maximum [Member] | |
Note 2 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives Summary [Line Items] | |
Property and Equipment | 5 years |
Vehicles [Member] | Minimum [Member] | |
Note 2 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives Summary [Line Items] | |
Property and Equipment | 3 years |
Vehicles [Member] | Maximum [Member] | |
Note 2 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives Summary [Line Items] | |
Property and Equipment | 5 years |
Leasehold Improvements [Member] | |
Note 2 - Summary of Significant Accounting Policies (Details) - Estimated Useful Lives Summary [Line Items] | |
Property and Equipment | 2 years |
Note_2_Summary_of_Significant_4
Note 2 - Summary of Significant Accounting Policies (Details) - Liability for Manufacturing Warranty (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Liability for Manufacturing Warranty [Abstract] | ||
Beginning accrued warranty balance | $1,312,918 | $1,372,342 |
Reduction for labor payments and claims made under the warranty | -75,966 | -79,134 |
Accruals related to warranties issued during the period | 25,863 | 19,710 |
Adjustment to warranty liability for discontinued operations | -324,349 | |
Ending accrued warranty balance | $938,466 | $1,312,918 |
Note_2_Summary_of_Significant_5
Note 2 - Summary of Significant Accounting Policies (Details) - Computation of Basic and Diluted Net Loss Per Share (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Numerator: | ||
Net loss | ($1,852,301) | ($2,830,047) |
Preferred deemed dividend and preferred stock dividend | -18,927 | -1,028,609 |
Less: Net loss allocated to participating securities | 6,005 | 12,503 |
($1,865,223) | ($3,846,153) | |
Denominator: | ||
Weighted-average shares outstanding (in Shares) | 204,471,018 | 69,477,915 |
Weighted-average unvested restricted shares outstanding (in Shares) | -656,121 | -306,958 |
Denominator for basic net loss per share (in Shares) | 203,814,897 | 69,170,957 |
Basic net loss per share attributable to common stockholders (in Dollars per share) | ($0.01) | ($0.06) |
Note_2_Summary_of_Significant_6
Note 2 - Summary of Significant Accounting Policies (Details) - Antidilutive Securities | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Equity Option [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||
Securities | 37,034,483 | 5,368,233 |
Restricted Stock [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||
Securities | 7,186 | 1,890,952 |
Warrant [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||
Securities | 22,148,045 | 9,648,045 |
Preferred Stock - Convertible [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||
Securities | 68,353,582 |
Note_3_Discontinued_Operations1
Note 3 - Discontinued Operations (Details) (USD $) | 0 Months Ended | 1 Months Ended | 12 Months Ended | |
Jan. 15, 2013 | Mar. 31, 2011 | Dec. 31, 2014 | Dec. 31, 2010 | |
Discontinued Operations and Disposal Groups [Abstract] | ||||
Restructuring Charges | $0 | $3,000,000 | ||
Severance Costs | 765,000 | |||
Inventory Write-down | 948,000 | |||
Impairment of Leasehold | 307,000 | |||
Goodwill, Impairment Loss | 299,000 | |||
Impairment of Long-Lived Assets to be Disposed of | 290,000 | |||
Other Asset Impairment Charges | 367,000 | |||
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | -6,500,000 | |||
Standard Product Warranty Accrual, Preexisting, Increase (Decrease) | -324,349 | |||
Escrow Deposit | 200,000 | |||
Escrow Deposit Disbursements | 40,000 | |||
Escrow Deposit Returned | $110,000 |
Note_4_Accounts_Receivable_Det
Note 4 - Accounts Receivable (Details) - Accounts Receivable (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Accounts Receivable [Abstract] | ||
Trade accounts | $154,172 | $575,375 |
Less: Allowance for bad debts | -24,882 | -2,899 |
Less: Allowance for returns | -10,834 | -4,953 |
$118,456 | $567,523 |
Note_4_Accounts_Receivable_Det1
Note 4 - Accounts Receivable (Details) - Allowance for Doubtful Accounts (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Allowance for Doubtful Accounts [Abstract] | ||
Balance at Beginning of Period | $2,899 | $108,750 |
Provisions, net | 36,763 | 92,224 |
Balance at End of Period | 24,882 | 2,899 |
Write-Off/Recovery | ($14,780) | ($198,075) |
Note_5_Inventory_Details_Inven
Note 5 - Inventory (Details) - Inventory Schedule (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Inventory Schedule [Abstract] | ||
Finished goods | $669,706 | $654,970 |
Work in process | 58,666 | 131,666 |
$728,372 | $786,636 |
Note_6_Prepaid_Expenses_and_Ot2
Note 6 - Prepaid Expenses and Other Current Assets (Details) - Prepaid Expenses and Other Current Assets (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Prepaid Expenses and Other Current Assets [Abstract] | ||
Prepaid insurance | $116,243 | $152,812 |
Prepaid - other | 46,471 | 68,906 |
Vendor deposits | 117,352 | 95,792 |
$280,066 | $317,510 |
Note_7_Property_and_Equipment_2
Note 7 - Property and Equipment, Net (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Property, Plant and Equipment [Abstract] | ||
Depreciation | $13,155 | $33,023 |
Note_7_Property_and_Equipment_3
Note 7 - Property and Equipment, Net (Details) - Property and Equipment, Net (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Property, Plant and Equipment [Line Items] | ||
Property and equipment, gross | $577,321 | $577,321 |
Less: Accumulated depreciation and amortization | -576,622 | -563,467 |
699 | 13,854 | |
Office Equipment [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property and equipment, gross | 436,051 | 436,051 |
Leasehold Improvements [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property and equipment, gross | 123,278 | 123,278 |
Vehicles [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Property and equipment, gross | $17,992 | $17,992 |
Note_8_Accrued_Liabilities_Det
Note 8 - Accrued Liabilities (Details) - Accrued Liabilities (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Accrued Liabilities [Abstract] | ||
Accrued salaries, wages, benefits and bonus | $45,586 | $45,456 |
Sales tax payable | 662 | 4,409 |
Customer deposit payable | 41,265 | 580 |
Accrued interest | 5,683 | 6,288 |
Other accrued liabilities | 11,033 | 32,997 |
$104,229 | $89,730 |
Note_9_Convertible_Notes_Payab2
Note 9 - Convertible Notes Payable and Credit Facility (Details) (USD $) | 0 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 0 Months Ended | 1 Months Ended | 3 Months Ended | ||||||||||||||||||||||
Nov. 20, 2013 | Oct. 21, 2013 | Nov. 20, 2013 | Oct. 21, 2013 | Sep. 30, 2013 | Dec. 31, 2014 | Dec. 19, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Feb. 28, 2014 | Mar. 31, 2014 | Feb. 27, 2015 | Mar. 18, 2014 | Mar. 18, 2014 | Feb. 25, 2014 | Dec. 19, 2013 | Mar. 31, 2014 | Aug. 30, 2013 | Nov. 25, 2013 | Jan. 27, 2014 | Nov. 02, 2013 | Dec. 02, 2013 | Jan. 02, 2014 | Feb. 02, 2014 | Mar. 02, 2014 | Apr. 02, 2014 | 2-May-14 | Jun. 02, 2014 | Jul. 01, 2014 | |
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $520,000 | $650,000 | $650,000 | ||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $0.23 | $0.49 | $0.49 | ||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||||||||||||
Debt Instrument, Convertible, Threshold Consecutive Trading Days | 20 days | ||||||||||||||||||||||||||||
Debt Instrument, Convertible, Stock Price Trigger (in Dollars per share) | $0.04 | ||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Liability | 243,889 | 243,889 | |||||||||||||||||||||||||||
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | -50,809 | 65,962 | |||||||||||||||||||||||||||
Line of Credit Facility, Initiation Date | 30-Sep-13 | ||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 500,000 | ||||||||||||||||||||||||||||
Line of Credit Facility, Collateral Fees, Amount | 5,000 | ||||||||||||||||||||||||||||
Line of Credit Facility, Administrative Fee, Percentage | 0.50% | ||||||||||||||||||||||||||||
Prepayment Fee, Percent | 0.50% | ||||||||||||||||||||||||||||
Long-term Line of Credit | 350,000 | 500,000 | |||||||||||||||||||||||||||
Proceeds from Lines of Credit | 50,000 | 100,000 | 50,000 | 100,000 | |||||||||||||||||||||||||
Adjustment to the Fair Value of Embedded Derivatives [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Liability | 178,000 | ||||||||||||||||||||||||||||
Convertible Notes Maturing on August 29, 2015 [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 200,000 | ||||||||||||||||||||||||||||
Convertible Notes Maturing on November 25, 2015 [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 200,000 | ||||||||||||||||||||||||||||
Convertible Notes Maturing on December 19, 2015 [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 250,000 | 250,000 | |||||||||||||||||||||||||||
Convertible Notes Maturing on January 27, 2016 [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 100,000 | ||||||||||||||||||||||||||||
Convertible Notes Maturing on February 25, 2016 [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 200,000 | ||||||||||||||||||||||||||||
Convertible Notes Maturing on March 18, 2016 [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 300,000 | 300,000 | |||||||||||||||||||||||||||
Matures November 30, 2014 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||
Matures December 31, 2014 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||
Matures January 31, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||
Matures February 28, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||
Matures October 31, 2014 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 30,000 | ||||||||||||||||||||||||||||
Matures Between October 31, 2014 And February 28, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 150,000 | ||||||||||||||||||||||||||||
Matures March 31, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 20,000 | ||||||||||||||||||||||||||||
Matures April 30, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 20,000 | ||||||||||||||||||||||||||||
Matures May 31, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 20,000 | ||||||||||||||||||||||||||||
Matures Between February 28, 2015 And May 31, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 60,000 | ||||||||||||||||||||||||||||
Matures June 30, 2015 [Member] | Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 10,000 | ||||||||||||||||||||||||||||
Series D Preferred Stock [Member] | Securities Pledged as Collateral [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Preferred Stock, Shares Issued (in Shares) | 50 | ||||||||||||||||||||||||||||
Series D Preferred Stock [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Preferred Stock, Shares Issued (in Shares) | 930 | ||||||||||||||||||||||||||||
Warrants in Connection with December 2013 Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Volatility Rate | 149.10% | 149.10% | |||||||||||||||||||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 0.70% | 0.70% | |||||||||||||||||||||||||||
Fair Value Assumptions, Expected Term | 4 years 36 days | 4 years 36 days | |||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 109,000 | 109,000 | |||||||||||||||||||||||||||
Warrants in Connection with February 2014 Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Volatility Rate | 169.10% | ||||||||||||||||||||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 0.70% | ||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Term | 4 years 36 days | ||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 101,000 | ||||||||||||||||||||||||||||
Warrants in Connection with March 2014 Convertible Debt [Member | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Volatility Rate | 168.80% | ||||||||||||||||||||||||||||
Fair Value Assumptions, Risk Free Interest Rate | 0.80% | ||||||||||||||||||||||||||||
Fair Value Assumptions, Expected Term | 4 years 36 days | ||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 154,000 | 154,000 | |||||||||||||||||||||||||||
Convertible Notes Payable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | |||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||||||||||||
Debt Conversion, Original Debt, Amount | 940,000 | ||||||||||||||||||||||||||||
Interest on Convertible Debt, Accrued and Converted | 68,319 | ||||||||||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued (in Shares) | 50,439,751 | ||||||||||||||||||||||||||||
Subsequent Event [Member] | Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||||||||||||||||||||||||||
Debt Instrument, Term | 1 year | ||||||||||||||||||||||||||||
Convertible Debt [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Class of Warrant or Right, Issued During Period (in Shares) | 5,000,000 | 6,250,000 | |||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | ||||||||||||||||||||||||
Class of Warrant or Right, Term of Warrants or Rights | 5 years | ||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) | 7,500,000 | 7,500,000 | |||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | |||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | ||||||||||||||||||||||||||||
Debt Instrument, Convertible, Threshold Consecutive Trading Days | 20 days | ||||||||||||||||||||||||||||
Debt Instrument, Convertible, Stock Price Trigger (in Dollars per share) | $0.04 | ||||||||||||||||||||||||||||
Line of Credit Facility, Repayment of Principle and Accrued Interest, Total, Percent | 120.00% | 120.00% | |||||||||||||||||||||||||||
Derivative Asset, Fair Value, Gross Liability | 123,000 | ||||||||||||||||||||||||||||
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net | 51,000 | ||||||||||||||||||||||||||||
Advances [Member] | Minimum [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Monthly Interest Expense, Debt | 500 | ||||||||||||||||||||||||||||
Advances [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||||||||||||||||||||||||
Accounts Receivable [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 200,000 | ||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 80.00% | ||||||||||||||||||||||||||||
Raw Materials [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 50.00% | ||||||||||||||||||||||||||||
Finished Goods [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 65.00% | ||||||||||||||||||||||||||||
Cash [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Line Of Credit Facility, Maximum Borrowing Capacity, Percentage | 95.00% | ||||||||||||||||||||||||||||
Aggregate, Cash, Raw Material, and Finished Goods [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | 300,000 | ||||||||||||||||||||||||||||
Maximum [Member] | |||||||||||||||||||||||||||||
Note 9 - Convertible Notes Payable and Credit Facility (Details) [Line Items] | |||||||||||||||||||||||||||||
Line of Credit Facility, Administrative Fee, Amount | $500 |
Note_9_Convertible_Notes_Payab3
Note 9 - Convertible Notes Payable and Credit Facility (Details) - Convertible Notes Payable (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Note 9 - Convertible Notes Payable and Credit Facility (Details) - Convertible Notes Payable [Line Items] | ||
Convertible notes payable | $520,000 | $650,000 |
Less: Derivative liability | -129,598 | -177,927 |
Less: Relative fair value of warrants | -170,767 | -53,623 |
Accreted interest | 79,358 | 21,889 |
Accrued interest | 5,683 | 6,288 |
Convertible notes payable, net | 373,499 | 442,084 |
Less current portion | -30,000 | -60,000 |
343,499 | 382,084 | |
Financial Advisory Services Fees [Member] | ||
Note 9 - Convertible Notes Payable and Credit Facility (Details) - Convertible Notes Payable [Line Items] | ||
Convertible notes payable | 10,000 | 60,000 |
Less: Derivative liability | -93,376 | -243,889 |
Convertible Debt [Member] | ||
Note 9 - Convertible Notes Payable and Credit Facility (Details) - Convertible Notes Payable [Line Items] | ||
Accrued interest | $28,284 | $7,707 |
Note_10_Longterm_Debt_Details
Note 10 - Long-term Debt (Details) (Convertible Debt [Member], USD $) | Dec. 31, 2014 |
Convertible Debt [Member] | |
Note 10 - Long-term Debt (Details) [Line Items] | |
Long-term Debt, Gross | $500,000 |
Note_11_Stockholders_Equity_De
Note 11 - Stockholders' Equity (Details) (USD $) | 12 Months Ended | 1 Months Ended | 0 Months Ended | 1 Months Ended | |||||||||||||||
Dec. 31, 2014 | Apr. 17, 2014 | Dec. 10, 2014 | Apr. 16, 2014 | Mar. 26, 2014 | Mar. 31, 2014 | Apr. 30, 2014 | Apr. 16, 2014 | Mar. 31, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Apr. 13, 2011 | 13-May-13 | Jan. 24, 2013 | Oct. 25, 2014 | Jul. 08, 2014 | Jun. 18, 2014 | Jun. 04, 2014 | Mar. 21, 2014 | |
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Shares of Capital Stock Authorized under Certificate of Incorporation | 501,000,000 | ||||||||||||||||||
Common Stock, Shares Authorized | 500,000,000 | 500,000,000 | 500,000,000 | ||||||||||||||||
Preferred Stock, Shares Authorized | 1,000,000 | ||||||||||||||||||
Preferred Stock, Shares Outstanding | 0 | ||||||||||||||||||
Series A Preferred Stock [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Preferred Stock, Shares Authorized | 2,000 | ||||||||||||||||||
Preferred Stock, Par or Stated Value Per Share (in Dollars per share) | 0.001 | ||||||||||||||||||
Series B Preferred Stock [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Preferred Stock, Shares Authorized | 4,000 | ||||||||||||||||||
Preferred Stock, Par or Stated Value Per Share (in Dollars per share) | 0.001 | 0.001 | 0.001 | ||||||||||||||||
Preferred Stock, Shares Outstanding | 0 | 467 | |||||||||||||||||
Series C Preferred Stock [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Temporary Equity, Shares Authorized | 1,175 | ||||||||||||||||||
Temporary Equity, Par or Stated Value Per Share (in Dollars per share) | 0.001 | 0.001 | 0.001 | ||||||||||||||||
Preferred Stock, Shares Outstanding | 260 | 720 | |||||||||||||||||
Series D Preferred Stock [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Temporary Equity, Shares Authorized | 1,180 | ||||||||||||||||||
Temporary Equity, Par or Stated Value Per Share (in Dollars per share) | 0.001 | 0.001 | 0.001 | ||||||||||||||||
Upon Effectiveness of Registration Statement [Member] | Southridge Partners II, LP [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 500,000 | ||||||||||||||||||
First Draw Down Notice [Member] | Southridge Partners II, LP [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 500,000 | ||||||||||||||||||
ASC Recap LLC [Member] | Settled [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Stock Issued During Period, Shares, Other | 8,079,800 | ||||||||||||||||||
ASC Recap LLC [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Litigation Settlement, Amount (in Dollars) | 250,000 | ||||||||||||||||||
Maximum [Member] | Southridge Partners II, LP [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Common Stock, Value, Subscriptions (in Dollars) | 5,000,000 | ||||||||||||||||||
Maximum [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Common Stock, Subscription Period | 18 months | ||||||||||||||||||
Southridge Partners II, LP [Member] | |||||||||||||||||||
Note 11 - Stockholders' Equity (Details) [Line Items] | |||||||||||||||||||
Common Stock, Shares Subscribed but Unissued | 35,000,000 | ||||||||||||||||||
Initial Take-Down Request, Amount (in Dollars) | 300,000 | ||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 12,541,806 | 500,000 | 44,079,800 | 500,000 | |||||||||||||||
Proceeds from Issuance of Common Stock (in Dollars) | 200,000 | 100,000 | |||||||||||||||||
Additional Take-Down Request, Amount (in Dollars) | 52,000 | 125,000 | 100,000 | 100,000 | |||||||||||||||
Shares Issued, Price Per Share (in Dollars per share) | $0.02 | $0.02 | |||||||||||||||||
Debt Issuance Costs, Placement Fee, Number of Securities | 1,000,000 | 1,000,000 | |||||||||||||||||
Debt Issuance Costs, Commitment Fee, Number of Securities | 1,000,000 | ||||||||||||||||||
Debt Issuance Costs, Commitment Fee, Amount (in Dollars) | 17,900 |
Note_12_Convertible_Redeemable1
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) (USD $) | 12 Months Ended | 3 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | 0 Months Ended | |||||
Dec. 31, 2013 | Sep. 30, 2013 | 13-May-13 | Jan. 24, 2013 | Aug. 30, 2013 | Jan. 24, 2013 | Dec. 31, 2014 | 13-May-13 | Mar. 21, 2013 | Feb. 15, 2013 | Sep. 30, 2014 | |
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Preferred Stock, Shares Outstanding | 0 | ||||||||||
Convertible Preferred Deemed Dividends (in Dollars) | ($875,304) | ||||||||||
Redeemable Preferred Stock Dividends (in Dollars) | 875,304 | ||||||||||
Convertible Notes Payable (in Dollars) | 442,084 | 373,499 | |||||||||
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars) | 500,000 | ||||||||||
Securities Pledged as Collateral [Member] | Series D Preferred Stock [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Preferred Stock, Shares Issued | 50 | ||||||||||
Debt Instrument, Collateral Fee (in Dollars) | 50,000 | ||||||||||
Series C Preferred Stock [Member] | Additional Financing [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Convertible Preferred Stock, Conversion Price (in Dollars per share) | $0.03 | $0.05 | $0.02 | $0.05 | $0.03 | ||||||
Series C Preferred Stock [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Preferred Stock, Number of Shares Issued During Period | 75 | ||||||||||
Proceeds from Issuance of Preferred Stock and Preference Stock (in Dollars) | 75,000 | ||||||||||
Share Price (in Dollars per share) | $0.05 | $0.05 | |||||||||
Convertible Preferred Stock, Shares Issued upon Conversion | 1,500,000 | 1,500,000 | 4,333,350 | ||||||||
Convertible Preferred Stock, Conversion Price (in Dollars per share) | $0.05 | $0.08 | $0.03 | $0.08 | $0.05 | ||||||
Preferred Stock, Shares Issued | 260 | 720 | 147 | 720 | 260 | ||||||
Preferred Stock, Shares Outstanding | 260 | 720 | 720 | 260 | |||||||
Convertible Preferred Deemed Dividends (in Dollars) | 36,000 | 270,000 | |||||||||
Redeemable Preferred Stock Dividends (in Dollars) | 104,000 | ||||||||||
Conversion of Stock, Shares Converted | 87 | ||||||||||
Series D Preferred Stock [Member] | Additional Financing [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Convertible Preferred Stock, Conversion Price (in Dollars per share) | $0.02 | ||||||||||
Series D Preferred Stock [Member] | Maximum [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Securities Purchase Agreement, Maximum Multiplication Number | 3.34 | 3.34 | 1.67 | ||||||||
Series D Preferred Stock [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Preferred Stock, Number of Shares Issued During Period | 583 | 167 | 150 | ||||||||
Proceeds from Issuance of Preferred Stock and Preference Stock (in Dollars) | 175,000 | 100,000 | 150,000 | ||||||||
Convertible Preferred Stock, Shares Issued upon Conversion | 43,000,000 | ||||||||||
Convertible Preferred Stock, Conversion Price (in Dollars per share) | $0.03 | $0.10 | $0.03 | ||||||||
Preferred Stock, Shares Issued | 930 | ||||||||||
Convertible Preferred Deemed Dividends (in Dollars) | 465,000 | ||||||||||
Securities Purchase Agreement, Maximum Number of Shares Issued | 1,180 | ||||||||||
Preferred Stock, Stated Value (in Dollars per share) | $1,000 | ||||||||||
Securities Purchase Agreement, Maximum Aggregate Proceeds from Issuance of Preferred Stock (in Dollars) | 1,000,000 | ||||||||||
Convertible Notes Payable (in Dollars) | $200,000 | ||||||||||
Conversion of Stock, Shares Converted | 860 | ||||||||||
Series B Preferred Stock [Member] | |||||||||||
Note 12 - Convertible Redeemable Preferred Stock and Preferred Deemed Dividend (Details) [Line Items] | |||||||||||
Convertible Preferred Stock, Shares Issued upon Conversion | 21,020,015 | ||||||||||
Preferred Stock, Shares Issued | 467 | 0 | |||||||||
Preferred Stock, Shares Outstanding | 467 | 0 | |||||||||
Conversion of Stock, Shares Converted | 467 |
Note_13_Stock_Option_and_Incen2
Note 13 - Stock Option and Incentive Plan (Details) (USD $) | 12 Months Ended | |||
Dec. 31, 2014 | Dec. 31, 2013 | Sep. 19, 2013 | Dec. 31, 2012 | |
Note 13 - Stock Option and Incentive Plan (Details) [Line Items] | ||||
Restriction Period on Restricted Stock Grants, Expiration Rate, Per Quarter Over One Year | 25.00% | |||
Restriction Period On Restricted Stock Grants Expiration Rate Per Year Over Four Years | 25.00% | |||
Options Vesting And Exercisability Rate Per Quarter Over One Year | 25.00% | |||
Term of Options | 5 years | |||
Allocated Share-based Compensation Expense | $224,000 | $110,000 | ||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 514,000 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $0.02 | $0.02 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) | 30,456,250 | 6,400,000 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Remaining Contractual Term | 4 years 146 days | 4 years 255 days | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value | 91,000 | 81,000 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value | 0 | 0 | ||
Restricted Stock [Member] | Expire Over One Year [Member] | ||||
Note 13 - Stock Option and Incentive Plan (Details) [Line Items] | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 1 year | |||
Restricted Stock [Member] | Expire Over Four Years [Member] | ||||
Note 13 - Stock Option and Incentive Plan (Details) [Line Items] | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 4 years | |||
Restricted Stock [Member] | ||||
Note 13 - Stock Option and Incentive Plan (Details) [Line Items] | ||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 1,000 | |||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | 73 days | |||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value | 64,000 | 19,000 | ||
Excess Tax Benefit from Share-based Compensation, Financing Activities | 0 | 0 | ||
Employee Stock Option [Member] | ||||
Note 13 - Stock Option and Incentive Plan (Details) [Line Items] | ||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | 255 days | 1 year | ||
Excess Tax Benefit from Share-based Compensation, Financing Activities | $0 | $0 | ||
The 2006 Stock Incentive Plan [Member] | ||||
Note 13 - Stock Option and Incentive Plan (Details) [Line Items] | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares) | 50,000,000 | 3,000,000 |
Note_13_Stock_Option_and_Incen3
Note 13 - Stock Option and Incentive Plan (Details) - Summary of Restricted Stock Activity (Restricted Stock [Member], USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Restricted Stock [Member] | ||
Note 13 - Stock Option and Incentive Plan (Details) - Summary of Restricted Stock Activity [Line Items] | ||
Outstanding and not vested beginning balance, Number of Restricted Shares | 1,890,952 | 48,073 |
Outstanding and not vested beginning balance | $0.05 | $2.50 |
Granted, Number of Restricted Shares | 2,500,000 | |
Granted | $0.03 | |
Forfeited/cancelled, Number of Restricted Shares | -21,798 | |
Forfeited/cancelled | $2.46 | |
Released/vested, Number of Restricted Shares | -1,883,766 | -635,323 |
Released/vested | $0.04 | $0.08 |
Outstanding and not vested as of December 31, 2014 | 7,186 | 1,890,952 |
Outstanding and not vested as of December 31, 2014 | $2.16 | $0.05 |
Note_13_Stock_Option_and_Incen4
Note 13 - Stock Option and Incentive Plan (Details) - Stock Option Activity (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Stock Option Activity [Abstract] | ||
Outstanding beginning balance | 6,618,233 | 679,744 |
Outstanding beginning balance | $0.11 | $2.82 |
Granted during the year | 30,456,250 | 6,400,000 |
Granted during the year | $0.02 | $0.03 |
Forfeited/cancelled/expired during the year | -40,000 | -461,511 |
Forfeited/cancelled/expired during the year | $5.15 | $3.29 |
Outstanding at end of year | 37,034,483 | 6,618,233 |
Outstanding at end of year | $0.03 | $0.11 |
Exercisable at end of year | 5,934,303 | 2,330,650 |
Exercisable at end of year | $0.09 | $0.28 |
Outstanding and expected to vest | 36,916,502 | 6,191,212 |
Outstanding and expected to vest | $0.03 | $0.11 |
Note_13_Stock_Option_and_Incen5
Note 13 - Stock Option and Incentive Plan (Details) - Valuation Assumptions of Stock Options | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Valuation Assumptions of Stock Options [Abstract] | ||
Weighted-average volatility | 185.00% | 105.50% |
Expected dividends | 0.00% | 0.00% |
Expected life (in years) | 3 years 6 months | 2 years |
Weighted-average risk-free interest rate | 1.10% | 0.30% |
Note_13_Stock_Option_and_Incen6
Note 13 - Stock Option and Incentive Plan (Details) - Non-vested Stock Option Activity (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Non-vested Stock Option Activity [Abstract] | ||
Non-vested stock options outstanding | 4,287,583 | |
Weighted-average grant date fair value of options outstanding | $0.02 | |
Granted | 30,456,250 | 6,400,000 |
Granted | $0.02 | $0.02 |
Forfeited/cancelled | -40,000 | |
Forfeited/cancelled | $3.04 | |
Released/vested | -3,637,403 | |
Released/vested | $0.02 | |
Non-vested stock options outstanding | 31,066,430 | 4,287,583 |
Weighted-average grant date fair value of options outstanding | $0.02 | $0.02 |
Note_13_Stock_Option_and_Incen7
Note 13 - Stock Option and Incentive Plan (Details) - Options Outstanding (USD $) | 12 Months Ended |
Dec. 31, 2014 | |
Range 1 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise price, upper range | $0.02 |
Number Outstanding (in Shares) | 12,450,000 |
Weighted-Average Remaining Contractual Life (in years) | 4 years 219 days |
Weighted-Average Exercise Price | $0.02 |
Number Outstanding (in Shares) | 358,320 |
Weighted-Average Exercise Price | $0.02 |
Range 2 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise price, lower range | $0.02 |
Exercise price, upper range | $0.02 |
Number Outstanding (in Shares) | 18,000,000 |
Weighted-Average Remaining Contractual Life (in years) | 4 years 219 days |
Weighted-Average Exercise Price | $0.02 |
Number Outstanding (in Shares) | 1,125,000 |
Weighted-Average Exercise Price | $0.02 |
Range 3 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise price, upper range | $0.03 |
Number Outstanding (in Shares) | 6,400,000 |
Weighted-Average Remaining Contractual Life (in years) | 3 years 292 days |
Weighted-Average Exercise Price | $0.03 |
Number Outstanding (in Shares) | 4,266,500 |
Weighted-Average Exercise Price | $0.03 |
Range 4 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise price, lower range | $0.11 |
Exercise price, upper range | $5.32 |
Number Outstanding (in Shares) | 184,483 |
Weighted-Average Remaining Contractual Life (in years) | 1 year 109 days |
Weighted-Average Exercise Price | $1.95 |
Number Outstanding (in Shares) | 184,483 |
Weighted-Average Exercise Price | $1.95 |
Range 5 [Member] | |
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
Exercise price, lower range | $0.02 |
Exercise price, upper range | $5.32 |
Number Outstanding (in Shares) | 37,034,483 |
Weighted-Average Remaining Contractual Life (in years) | 4 years 146 days |
Weighted-Average Exercise Price | $0.03 |
Number Outstanding (in Shares) | 5,934,303 |
Weighted-Average Exercise Price | $0.09 |
Note_14_Stock_Warrants_and_War2
Note 14 - Stock Warrants and Warrant Liability (Details) (USD $) | 1 Months Ended | 12 Months Ended | ||||
Mar. 31, 2009 | Dec. 31, 2014 | Dec. 31, 2013 | Mar. 18, 2014 | Dec. 19, 2013 | Feb. 25, 2014 | |
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $0.23 | $0.49 | ||||
Derivative Liability | $129,598 | $177,927 | ||||
Debt Instrument, Face Amount | 520,000 | 650,000 | ||||
Series E Warrants [Member] | ||||||
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Class of Warrant or Right, Issued During Period | 334,822 | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $5.36 | |||||
Fair Value Assumptions, Risk Free Interest Rate | 2.69% | |||||
Fair Value Assumptions, Expected Term | 5 years | |||||
Fair Value Assumptions, Expected Volatility Rate | 112.00% | |||||
Fair Value Assumptions, Expected Dividend Rate | 0.00% | |||||
Warrants Issued During Period, Value | 1,000,000 | |||||
Derivative Liability | 1,000,000 | 0 | ||||
Convertible Notes Maturing on March 19, 2016 [Member | ||||||
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $0.02 | |||||
Debt Instrument, Face Amount | 300,000 | |||||
Term of Warrants | 5 years | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 7,500,000 | |||||
Convertible Notes Maturing on December 19, 2015 [Member] | ||||||
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $0.02 | |||||
Debt Instrument, Face Amount | 250,000 | |||||
Term of Warrants | 5 years | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 6,250,000 | |||||
Convertible Notes Maturing on February 25, 2016 [Member] | ||||||
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $0.02 | |||||
Debt Instrument, Face Amount | $200,000 | |||||
Term of Warrants | 5 years | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 5,000,000 | |||||
Minimum [Member] | ||||||
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Term of Warrants | 4 years 6 months | |||||
Maximum [Member] | ||||||
Note 14 - Stock Warrants and Warrant Liability (Details) [Line Items] | ||||||
Term of Warrants | 5 years |
Note_14_Stock_Warrants_and_War3
Note 14 - Stock Warrants and Warrant Liability (Details) - Warrant Activity (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Warrant Activity [Abstract] | ||
Warrants for number of shares | 22,148,045 | 9,648,045 |
Weighted-average exercise price | $0.23 | $0.49 |
Issued | 12,500,000 | |
Issued | $0.02 |
Note_15_Fair_Value_Measurement2
Note 15 - Fair Value Measurement (Details) (USD $) | 1 Months Ended | 12 Months Ended | ||||
Dec. 19, 2013 | Nov. 25, 2013 | Aug. 30, 2013 | Dec. 31, 2014 | Dec. 19, 2013 | Dec. 31, 2013 | |
Fair Value Disclosures [Abstract] | ||||||
Proceeds from Convertible Debt | $250,000 | $200,000 | $200,000 | |||
Debt Instrument, Convertible, Conversion Price (in Dollars per share) | $0.02 | $0.02 | ||||
Debt Instrument, Convertible, Threshold Consecutive Trading Days | 20 days | |||||
Debt Instrument, Convertible, Stock Price Trigger (in Dollars per share) | $0.04 | |||||
Derivative Asset, Fair Value, Gross Liability | 243,889 | 243,889 | ||||
Net Income (Loss) Available to Common Stockholders, Basic | -1,871,228 | -3,858,656 | ||||
Net Income (Loss), Impact of 10 Percent Lower in Closing Stock Price | 15,000 | |||||
Net Income (Loss), Impact of 10 Percent Higher in Closing Stock Price | -26,000 | |||||
Net Income Loss, Impact of 10 Percent Lower in Volatility Assumption | 7,000 | |||||
Net Income (Loss), Impact of 10 Percent Higher in Volatility Assumption | ($13,000) |
Note_15_Fair_Value_Measurement3
Note 15 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Note 15 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value [Line Items] | ||
Fair value of derivative liability b embedded conversion feature | $129,598 | $177,927 |
129,598 | 177,927 | |
Fair Value, Inputs, Level 1 [Member] | ||
Note 15 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value [Line Items] | ||
Fair value of derivative liability b embedded conversion feature | 0 | |
0 | ||
Fair Value, Inputs, Level 2 [Member] | ||
Note 15 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value [Line Items] | ||
Fair value of derivative liability b embedded conversion feature | 0 | |
0 | ||
Fair Value, Inputs, Level 3 [Member] | ||
Note 15 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value [Line Items] | ||
Fair value of derivative liability b embedded conversion feature | 129,598 | 177,927 |
$129,598 | $177,927 |
Note_15_Fair_Value_Measurement4
Note 15 - Fair Value Measurement (Details) - Changes in Level 3 Liabilities Measured at Fair Value on Recurring Basis (USD $) | 12 Months Ended |
Dec. 31, 2014 | |
Accrued and Other Long-term Liabilities [Member] | |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |
Beginning balance b January 1, 2014 | $177,927 |
Issuances | 122,630 |
Total realized and unrealized gains or losses | -50,809 |
Transfers out of level 3 upon exercise or conversion | -221,768 |
Ending balance b December 31, 2014 | 129,598 |
Common Stock Warrant Liability [Member] | |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |
Beginning balance b January 1, 2014 | 177,927 |
Issuances | 122,630 |
Total realized and unrealized gains or losses | -50,809 |
Transfers out of level 3 upon exercise or conversion | -221,768 |
Ending balance b December 31, 2014 | $129,598 |
Note_16_Income_Taxes_Details
Note 16 - Income Taxes (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Note 16 - Income Taxes (Details) [Line Items] | ||
Income Tax Expense (Benefit) | $0 | $0 |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 34.00% | |
Valuation Allowance as Percentage of Deferred Tax Asset | 100.00% | |
Deferred Tax Assets, Operating Loss Carryforwards, Domestic | 75,200,000 | |
Deferred Tax Assets, Operating Loss Carryforwards, State and Local | 73,100,000 | |
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount | 650,000 | 1,100,000 |
Change in Control Ownership Threshold | 50.00% | |
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense | 0 | |
Unrecognized Tax Benefits that Would Impact Effective Tax Rate | 128,000 | 128,000 |
Domestic Tax Authority [Member] | ||
Note 16 - Income Taxes (Details) [Line Items] | ||
Deferred Tax Assets, Tax Credit Carryforwards, Research | 361,000 | |
State and Local Jurisdiction [Member] | ||
Note 16 - Income Taxes (Details) [Line Items] | ||
Deferred Tax Assets, Tax Credit Carryforwards, Research | $231,000 |
Note_16_Income_Taxes_Details_E
Note 16 - Income Taxes (Details) - Effective Income Tax Reconciliation (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Effective Income Tax Reconciliation [Abstract] | ||
Tax at federal statutory rate | ($740,000) | ($967,000) |
State taxes, net of federal benefit | -117,000 | -160,000 |
Research and development credits | -12,000 | |
Fair market value of warrants & derivatives | 17,000 | -22,000 |
Stock-based compensation | 51,000 | 29,000 |
Other permanent items | 10,000 | 1,000 |
Valuation allowance | 779,000 | 1,131,000 |
Income tax provision | $0 | $0 |
Note_16_Income_Taxes_Details_D
Note 16 - Income Taxes (Details) - Deferred Tax Assets and Liabilities (USD $) | Dec. 31, 2014 | Dec. 31, 2013 |
Deferred Tax Assets and Liabilities [Abstract] | ||
Net operating loss and credit carryforwards | $30,227,000 | $29,431,000 |
Stock-based compensation | 1,199,000 | 1,193,000 |
Stock-based compensation | 422,000 | 558,000 |
Basis difference for fixed assets and intangibles | 158,000 | 174,000 |
Total gross deferred tax assets | 32,006,000 | 31,356,000 |
Valuation allowance | -32,006,000 | -31,356,000 |
Net deferred tax assets | $0 | $0 |
Note_16_Income_Taxes_Details_A
Note 16 - Income Taxes (Details) - Aggregate Changes in Balance of Gross Unrecognized Tax Benefits (USD $) | 12 Months Ended | |
Dec. 31, 2013 | Dec. 31, 2014 | |
Aggregate Changes in Balance of Gross Unrecognized Tax Benefits [Abstract] | ||
Balance, beginning of year | $140,000 | $147,000 |
Balance, end of year | 147,000 | 147,000 |
Additions for tax positions related to prior years | $7,000 |
Note_17_Commitments_and_Contin1
Note 17 - Commitments and Contingencies (Details) (Executive Offices and Warehouse Premises in San Jose, CA [Member], USD $) | 10 Months Ended | 14 Months Ended |
Dec. 31, 2014 | Feb. 28, 2014 | |
Executive Offices and Warehouse Premises in San Jose, CA [Member] | ||
Note 17 - Commitments and Contingencies (Details) [Line Items] | ||
Operating Lease Monthly Rent | $10,500 | $7,800 |
Note_18_Concentration_of_Risk_2
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) (USD $) | 1 Months Ended | 12 Months Ended | ||
Mar. 30, 2012 | Dec. 31, 2014 | Dec. 31, 2013 | Mar. 15, 2013 | |
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) [Line Items] | ||||
Stock Issued During Period, Shares, Purchase of Assets (in Shares) | 1,900,000 | |||
Stock Issued During Period, Value, Purchase of Assets | $1,045,000 | |||
Suntech America [Member] | ||||
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) [Line Items] | ||||
Loss Contingency, Estimate of Possible Loss | -946,438 | |||
Loss Contingency Accrual | 946,438 | |||
Liabilities, Total [Member] | Supplier Concentration Risk [Member] | ||||
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) [Line Items] | ||||
Concentration Risk, Percentage | 39.00% | 25.00% | ||
Supplier Concentration Risk [Member] | ||||
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) [Line Items] | ||||
Accounts Payable | 0 | 1,000,000 |
Note_18_Concentration_of_Risk_3
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) - Percentages of Sales to Largest Customers (Sales Revenue, Goods, Net [Member], Customer Concentration Risk [Member]) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Smart Energy Today [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of sales | 13.30% | 13.50% |
WDC Solar, Inc. [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of sales | 12.00% | 14.70% |
JCF Wholesale [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of sales | 8.70% | 10.60% |
Lowe's Companies, Inc. [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of sales | 5.90% | 6.90% |
Sustainable Environmental Enterprises [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of sales | 1.30% | 52.80% |
Note_18_Concentration_of_Risk_4
Note 18 - Concentration of Risk in Customer and Supplier Relationships (Details) - Percentage of Gross Accounts Receivable (Accounts Receivable [Member], Customer Concentration Risk [Member]) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
WDC Solar, Inc. [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of accounts receivable | 40.10% | |
Lowe's Companies, Inc. [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of accounts receivable | 16.80% | |
Sustainable Environmental Enterprises [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of accounts receivable | 86.70% | |
Smart Energy Today [Member] | ||
Concentration Risk [Line Items] | ||
Percentage of accounts receivable | 6.50% |
Note_19_Employee_Benefit_Plan_
Note 19 - Employee Benefit Plan (Details) (USD $) | 12 Months Ended | |
Dec. 31, 2014 | Dec. 31, 2013 | |
Compensation and Retirement Disclosure [Abstract] | ||
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay | 10.00% | |
Pension and Other Postretirement Defined Benefit Plans, Liabilities | $0 | $0 |
Note_20_Subsequent_Events_Deta
Note 20 - Subsequent Events (Details) (USD $) | 0 Months Ended | 4 Months Ended | 0 Months Ended | ||
Feb. 09, 2015 | Apr. 10, 2015 | Dec. 10, 2014 | Dec. 31, 2014 | Dec. 31, 2013 | |
Note 20 - Subsequent Events (Details) [Line Items] | |||||
Accounts Payable, Current | $3,345,361 | $4,199,511 | |||
Subsequent Event [Member] | Snell & Wilmer LLP [Member] | |||||
Note 20 - Subsequent Events (Details) [Line Items] | |||||
Loss Contingency, Damages Sought, Value | 808,202 | ||||
Subsequent Event [Member] | |||||
Note 20 - Subsequent Events (Details) [Line Items] | |||||
Stock Issued During Period, Shares, New Issues (in Shares) | 53,781,201 | ||||
Shares Issued, Price Per Share (in Dollars per share) | $0.01 | ||||
Proceeds from Issuance of Common Stock | 780,000 | ||||
Maximum [Member] | Southridge Partners II, LP [Member] | |||||
Note 20 - Subsequent Events (Details) [Line Items] | |||||
Common Stock, Value, Subscriptions | 5,000,000 | ||||
Common Stock, Subscription Period | 18 months | ||||
Maximum [Member] | |||||
Note 20 - Subsequent Events (Details) [Line Items] | |||||
Common Stock, Subscription Period | 18 months | ||||
Snell & Wilmer LLP [Member] | |||||
Note 20 - Subsequent Events (Details) [Line Items] | |||||
Accounts Payable, Current | $808,202 |