XML 30 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 858,911 $ 1,904,160
Financing receivable 2,000,000
Restricted cash $ 383,283 312,935
Accounts receivable 2,812,162 8,877,213
Prepaid expenses and other current assets 1,677,013 2,478,681
Total current assets 5,731,369 15,572,989
NON-CURRENT ASSETS    
OTHER ASSETS 1,096,774 1,600,335
PROPERTY AND EQUIPMENT, NET 17,445,139 19,319,202
INTANGIBLE ASSETS, NET 3,275,756 5,076,208
GOODWILL 3,115,142 3,352,264
TOTAL ASSETS $ 30,664,180 44,920,998
CURRENT LIABILITIES    
Overdraft 433,366
Accounts payable and customer deposits $ 1,923,945 1,856,014
Obligations under capital leases (current portion) 493,858 1,831,050
Deferred Revenue 1,971,150 8,813,385
Accrued expenses and other payables $ 2,630,359 4,061,652
Loans payable 962,269
2014 10% + libor 3rd Party Loan (net of OID of $660,467 at September 30, 2015 and $798,894 at December 31, 2014) $ 5,839,533 11,201,106
Total current liabilities 12,839,845 29,158,842
LONG TERM LIABILITIES    
Warrant liabilities   2,087,992
Non-current portion of obligation under capital leases 37,340 272,460
Other long term loan 283,518 354,880
Non-current portion of deferred revenue 1,111,764 2,434,257
Total long term liabilities 1,432,622 5,149,589
Total liabilities $ 14,291,467 $ 34,308,431
STOCKHOLDERS' EQUITY    
Preferred Stock $0.00001 par value, 50,000,000 shares authorized, 0 issued and outstanding
Common Stock $0.00001 par value, 250,000,000 shares authorized, 160,242,771 issued and outstanding as of September 30, 2015 and 154,671,258 shares issued and outstanding as of December 31, 2014 $ 268,147,697 $ 264,359,674
Accumulated other comprehensive income (loss) (4,395,196) (3,127,132)
Accumulated deficit (247,388,888) (250,629,296)
Elephant Talk Communications, Corp. stockholders' equity 16,363,613 10,603,246
NON-CONTROLLING INTEREST 9,100 9,321
Total stockholders' equity 16,372,713 10,612,567
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,664,180 $ 44,920,998