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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Cash Flows from Operating Activities | ||
| Net loss | $ (2,061,128)us-gaap_NetIncomeLoss | $ (2,012,670)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation | 305,064us-gaap_ShareBasedCompensation | 222,910us-gaap_ShareBasedCompensation |
| Net realized and unrealized investment losses | 16,316us-gaap_GainLossOnInvestments | 5,027us-gaap_GainLossOnInvestments |
| Depreciation and amortization | 114,115us-gaap_OtherDepreciationAndAmortization | 103,005us-gaap_OtherDepreciationAndAmortization |
| Provision for uncollectible assets | 42,018us-gaap_ProvisionForDoubtfulAccounts | (192,503)us-gaap_ProvisionForDoubtfulAccounts |
| Prepaid compensation amortization | 1,583cik0001559998_AmortizationOfPrepaidCompensation | (7,329)cik0001559998_AmortizationOfPrepaidCompensation |
| Loss on extinguishment of convertible debt | 0us-gaap_ExtinguishmentOfDebtGainLossNetOfTax | 95,989us-gaap_ExtinguishmentOfDebtGainLossNetOfTax |
| Decrease (increase) in assets: | ||
| Accounts receivable | (96,091)us-gaap_IncreaseDecreaseInAccountsReceivable | (190,930)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventory | (100,552)us-gaap_IncreaseDecreaseInInventories | (125,632)us-gaap_IncreaseDecreaseInInventories |
| Prepaid expenses and other current assets | 128,005us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 42,748us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Increase (decrease) in liabilities: | ||
| Accounts payable and accrued expenses | (267,019)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 414,320us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Deferred revenue | 97,103us-gaap_IncreaseDecreaseInDeferredRevenue | 220,659us-gaap_IncreaseDecreaseInDeferredRevenue |
| Other liabilities | 69,773us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | (1,449)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Total Adjustments | 310,315us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities | 586,815us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities |
| Net Cash Used in Operating Activities | (1,750,813)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (1,425,855)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash Used in Investing Activities | ||
| Purchase of property and equipment | (46,603)us-gaap_PaymentsToAcquireMachineryAndEquipment | (104,340)us-gaap_PaymentsToAcquireMachineryAndEquipment |
| Net Cash Used in Investing Activities | (46,603)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (104,340)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash Provided by Financing Activities | ||
| Proceeds from issuance of loans payable | 50,000us-gaap_ProceedsFromNotesPayable | 200,000us-gaap_ProceedsFromNotesPayable |
| Repayments of loans payable | 0us-gaap_RepaymentsOfNotesPayable | (51,888)us-gaap_RepaymentsOfNotesPayable |
| Repayments of convertible debt obligations | 0us-gaap_RepaymentsOfConvertibleDebt | (4,000)us-gaap_RepaymentsOfConvertibleDebt |
| Proceeds from common stock offering | 1,527,362us-gaap_ProceedsFromIssuanceOfCommonStock | 0us-gaap_ProceedsFromIssuanceOfCommonStock |
| Proceeds from preferred stock offering | 0us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock | 1,526,682us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock |
| Proceeds from the exercise of stock options | 0us-gaap_ProceedsFromStockOptionsExercised | 49,959us-gaap_ProceedsFromStockOptionsExercised |
| Net Cash Provided by Financing Activities | 1,577,362us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 1,720,753us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Effect of Exchange Rate Changes on Cash | 150,505us-gaap_EffectOfExchangeRateOnCashContinuingOperations | 101,080us-gaap_EffectOfExchangeRateOnCashContinuingOperations |
| Net (Decrease) Increase in Cash | (69,549)us-gaap_CashPeriodIncreaseDecrease | 291,638us-gaap_CashPeriodIncreaseDecrease |
| Cash - Beginning of Year | 442,725us-gaap_Cash | 207,418us-gaap_Cash |
| Cash - End of Period | 373,176us-gaap_Cash | 499,056us-gaap_Cash |
| Supplemental Disclosures of Cash Flow Information: | ||
| Interest paid | 38,145us-gaap_InterestPaid | 19,522us-gaap_InterestPaid |
| Income taxes paid | 20,025us-gaap_IncomeTaxesPaidNet | 20,818us-gaap_IncomeTaxesPaidNet |
| Non-Cash Investing and Financing Activity | ||
| Issuance of preferred stock previously subscribed | 0cik0001559998_IssuanceOfPreferredStockPreviouslySubscribed | 789,800cik0001559998_IssuanceOfPreferredStockPreviouslySubscribed |
| Debt and interest converted to equity | 0us-gaap_DebtConversionConvertedInstrumentAmount1 | 378,379us-gaap_DebtConversionConvertedInstrumentAmount1 |
| Common stock issued to settle operational expenses | 0us-gaap_StockIssued1 | 23,591us-gaap_StockIssued1 |
| Accrued stock based compensation converted to equity | $ 0cik0001559998_AccruedStockBasedCompensationConvertedToEquity | $ 48,272cik0001559998_AccruedStockBasedCompensationConvertedToEquity |
| X | ||||||||||
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- Definition
The value of accrued stock based compensation converted to equity. No definition available.
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- Definition
The amount of expense recognized in the current period that reflects the allocation of capitalized costs associated with prepaid compensation. No definition available.
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- Definition
The value of stock issuance of preferred stock previously subscribed. No definition available.
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| X | ||||||||||
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- Definition
The sum of adjustments which are added to or deducted from net income or loss, including the portion attributable to noncontrolling interest, to reflect cash provided by or used in operating activities, in accordance with the indirect cash flow method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of increase (decrease) in cash. Cash is the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of effect of exchange rate changes on cash balances in continuing operations held in foreign currencies. Excludes cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The difference between the reacquisition price and the net carrying amount of the extinguished debt recognized currently as a component of income in the period of extinguishment, net of tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The other noncash expense, not otherwise specified in the taxonomy, charged against earnings in the period to allocate the cost of tangible and intangible assets over their remaining economic lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for acquisition of machinery and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The fair value of stock issued in noncash financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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