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Consolidated Statements of Cash Flows (Unaudited) (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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| OPERATING ACTIVITIES | ||
| Net loss | $ (1,729,538)us-gaap_ProfitLoss | $ (1,763,748)us-gaap_ProfitLoss |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
| Bad debt expense | 7,222MFON_BadDebtExpense | 3,983MFON_BadDebtExpense |
| Common stock issued for services | 363,001us-gaap_StockIssuedDuringPeriodValueIssuedForServices | |
| Stock-based compensation | 344,267us-gaap_StockGrantedDuringPeriodValueSharebasedCompensationGross | 317,351us-gaap_StockGrantedDuringPeriodValueSharebasedCompensationGross |
| Depreciation and amortization expense | 55,746us-gaap_DepreciationAndAmortization | 68,083us-gaap_DepreciationAndAmortization |
| Change in fair value of derivative liabilities | (18,325)us-gaap_IncreaseDecreaseInFairValueAdjustmentsOnAssetsAndLiabilitiesCarriedAtFairValueUnderFairValueOption | (30,079)us-gaap_IncreaseDecreaseInFairValueAdjustmentsOnAssetsAndLiabilitiesCarriedAtFairValueUnderFairValueOption |
| Increase (decrease) in cash resulting from changes in: | ||
| Accounts receivable | 28,917us-gaap_IncreaseDecreaseInAccountsReceivable | (3,351)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Other current assets | (22,964)us-gaap_IncreaseDecreaseInOtherCurrentAssets | 11,219us-gaap_IncreaseDecreaseInOtherCurrentAssets |
| Other assets | (5,700)us-gaap_IncreaseDecreaseInOtherOperatingAssets | |
| Accounts payable | 93,953us-gaap_IncreaseDecreaseInAccountsPayable | 127,561us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued interest | 826us-gaap_IncreaseDecreaseInInterestPayableNet | |
| Accrued and deferred personnel compensation | (22,501)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 4,275us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Deferred revenue and customer deposits | (74,018)us-gaap_IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits | (16,962)us-gaap_IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits |
| Other liabilities | (5,955)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities | 118,074us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities |
| Net cash used in operating activities | (985,896)us-gaap_NetCashProvidedByUsedInOperatingActivities | (1,162,767)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| INVESTING ACTIVITIES | ||
| Purchases of equipment | (8,076)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (22,225)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Capitalized software development costs | (214,341)us-gaap_PaymentsToDevelopSoftware | |
| Acquisitions | (2,368,019)us-gaap_AcquisitionCosts | |
| Net cash used in investing activities | (222,417)us-gaap_NetCashProvidedByUsedInInvestingActivities | (2,390,244)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| FINANCING ACTIVITIES | ||
| Proceeds from issuance of common stock, net of issuance costs | 4,295,500us-gaap_ProceedsFromIssuanceOfCommonStock | 4,964,358us-gaap_ProceedsFromIssuanceOfCommonStock |
| Net cash provided by financing activities | 4,295,500us-gaap_NetCashProvidedByUsedInFinancingActivities | 4,964,358us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Net change in cash | 3,087,187us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 1,411,347us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash at beginning of period | 848,230us-gaap_CashAndCashEquivalentsAtCarryingValue | 2,572,685us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash at end of period | 3,935,417us-gaap_CashAndCashEquivalentsAtCarryingValue | 3,984,032us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash paid during period for: | ||
| Interest | ||
| Non-cash investing and financing activities: | ||
| Issuance of common stock for acquisitions | 672,505us-gaap_StockIssuedDuringPeriodValueAcquisitions | |
| Earn-out payable recorded for acquisition | $ 2,273,000MFON_AmountEarnoutPayableRecordedForAcquisition | |
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- Definition
No authoritative reference available. No definition available.
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- Definition
Bad debt expense No definition available.
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- Details
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- Definition
The capitalized costs incurred during the period (excluded from amortization) to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are 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. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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- Definition
The increase (decrease) during the reporting period in the aggregate amount of accrued expenses and other operating obligations not separately disclosed in the statement of cash flows. No definition available.
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- Definition
The increase (decrease) during the reporting period in the amount of (a) prepayments by customers for goods or services to be provided at a later date, (b) the amount of customer money held in customer accounts, including security deposits, collateral for current or future transactions, initial payment of the cost of an acquisition or for the right to enter into a contract or agreement, (c) the increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting services yet to be performed by the reporting entity for which cash or other forms of consideration was received or recorded as a receivable, or (d) some combination of (a), (b), and (c). No definition available.
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in fair value adjustment on other assets (liabilities) carried at fair value under the fair value option on the statement of cash flows of Federal Home Loan Banks (FHLBanks). No definition available.
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- Definition
The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other current operating assets not separately disclosed in the statement of cash flows. No definition available.
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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- Definition
Amount of cash inflow (outflow) from financing activities, including 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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- Definition
Amount of cash inflow (outflow) from investing activities, including 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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- Definition
Amount of cash inflow (outflow) from operating activities, including 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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- Details
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the development or modification of software programs or applications for internal use (that is, not to be sold, leased or otherwise marketed to others) that qualify for capitalization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value, before forfeitures, of stock or other type of equity granted of any equity-based compensation plan other than an employee stock ownership plan (ESOP). No definition available.
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- Definition
Value of stock issued pursuant to acquisitions during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders. No definition available.
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