Acquisitions (Details Narrative) - USD ($) |
6 Months Ended | |
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Jun. 30, 2015 |
Dec. 31, 2014 |
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Common stock share price | $ 0.001 | $ 0.001 |
Estimated dollar value of earn-out payable | $ 838,000 | |
Smart Receipt [Member] | ||
Cash payment for acquisition of business, net of loan | 2,212,000 | |
Debt issued for acquisition of business | $ 150,000 | |
Earnout rate | 200.00% | |
Earn out period | 1 year | |
Earnout terms | Payable in common shares | |
Smart Receipt [Member] | Designated Clients [Member] | ||
Earnout eligible revenue rate | 100.00% | |
Smart Receipt [Member] | Nondesignated Clients [Member] | ||
Earnout eligible revenue rate | 50.00% | |
Smart Receipt [Member] | ||
Common stock share price | $ 0.001 | |
Earnout common stock price | $ 1.85 | |
Estimated dollar value of earn-out payable | $ 838,000 |
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- Definition Estimated value of earn-out payable. No definition available.
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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition For contingent consideration arrangements recognized in connection with a business combination, this element represents a description of the basis for determining the amount of the payment recorded. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of a controlling interest in another entity or an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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