General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 18,474,211us-gaap_CashAndCashEquivalentsAtCarryingValue $ 3,689,382us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 0us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 72,497us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Trade accounts receivable 0us-gaap_AccountsReceivableNetCurrent 481,810us-gaap_AccountsReceivableNetCurrent
Other current assets 1,207,072us-gaap_OtherAssetsCurrent 449,733us-gaap_OtherAssetsCurrent
Prepaid expenses 109,332us-gaap_PrepaidExpenseCurrent 60,477us-gaap_PrepaidExpenseCurrent
Income tax receivable 14,810us-gaap_IncomeTaxesReceivable 66,479us-gaap_IncomeTaxesReceivable
Total current assets 19,805,425us-gaap_AssetsCurrent 4,820,378us-gaap_AssetsCurrent
Property and equipment, net 2,052,221us-gaap_PropertyPlantAndEquipmentNet 2,437,677us-gaap_PropertyPlantAndEquipmentNet
Deferred tax asset 26,522us-gaap_DeferredTaxAssetsNetNoncurrent 18,877us-gaap_DeferredTaxAssetsNetNoncurrent
Total assets 21,884,168us-gaap_Assets 7,276,932us-gaap_Assets
Current liabilities:    
Trade accounts payable 1,260,015us-gaap_AccountsPayableTradeCurrent 278,008us-gaap_AccountsPayableTradeCurrent
Accrued expenses 743,866us-gaap_AccruedLiabilitiesCurrent 559,629us-gaap_AccruedLiabilitiesCurrent
Other current liabilities 242,755us-gaap_OtherLiabilitiesCurrent 160,484us-gaap_OtherLiabilitiesCurrent
Bank loan, including accrued interest, current portion 1,270,605us-gaap_LoansPayableToBankCurrent 206,490us-gaap_LoansPayableToBankCurrent
Deferred revenues, current portion   544,562us-gaap_DeferredRevenueCurrent
Deferred tax liabilities 26,522us-gaap_DeferredTaxLiabilitiesCurrent 18,877us-gaap_DeferredTaxLiabilitiesCurrent
Total current liabilities 3,543,763us-gaap_LiabilitiesCurrent 1,768,051us-gaap_LiabilitiesCurrent
Accrued expenses, non-current 333,988us-gaap_OtherAccruedLiabilitiesNoncurrent 379,942us-gaap_OtherAccruedLiabilitiesNoncurrent
Convertible stockholder loan, including accrued interest, net of current portion   3,098,502us-gaap_DueToOfficersOrStockholdersNoncurrent
Bank loan, including accrued interest, net of current portion   1,445,430us-gaap_LongTermLoansFromBank
Total liabilities 3,877,751us-gaap_Liabilities 6,691,925us-gaap_Liabilities
Stockholders' equity    
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 29,279,522 and 11,828,974 shares issued and outstanding at December 31, 2014 and 2013 29,280us-gaap_CommonStockValue 11,829us-gaap_CommonStockValue
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized and no shares issued and outstanding at December 31, 2014 and 2013      
Additional paid-in capital 84,627,283us-gaap_AdditionalPaidInCapital 57,608,337us-gaap_AdditionalPaidInCapital
Receivable from issuance of shares   (121,801)us-gaap_ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
Accumulated other comprehensive loss (843,097)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (956,274)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Accumulated deficit (65,807,048)us-gaap_RetainedEarningsAccumulatedDeficit (55,957,084)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 18,006,417us-gaap_StockholdersEquity 585,007us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 21,884,168us-gaap_LiabilitiesAndStockholdersEquity $ 7,276,932us-gaap_LiabilitiesAndStockholdersEquity