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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 98 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Revenues      
REVENUES     $ 301,227
OPERATING EXPENSES      
Selling, general and administrative 60,015 66,785 3,824,794
Wages and benefits   49,551 2,466,754
Legal fees   54,871 651,057
Research and development     1,965,424
Exploration costs   473,568 1,018,500
Stock based compensation 676,754   3,628,913
Beneficial conversion expense     230,900
Depreciation and amortization 239 239 23,541
TOTAL OPERATING EXPENSES 737,008 645,014 13,809,883
LOSS FROM OPERATIONS (737,008) (645,014) (13,508,656)
OTHER INCOME (EXPENSE)      
Interest expense   (22,379) (113,761)
Gain on sale of oil business     845,680
Other income(expense)     (10,651)
TOTAL OTHER INCOME (EXPENSE)   (22,379) 721,268
LOSS FROM OPERATIONS AND BEFORE NON-CONTROLLING INTEREST (737,008) (667,393) (12,787,388)
LESS: LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST   203,527 269,686
LOSS BEFORE INCOME TAX PROVISION (737,008) (463,866) (12,517,702)
PROVISION FOR INCOME TAXES         
NET LOSS ATTRIBUTABLE TO SPECTRAL CAPITAL CORPORATION $ (737,008) $ (463,866) $ (12,517,702)
NET LOSS PER SHARE: BASIC AND DILUTED $ (0.01)    
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED 104,554,845 101,207,623