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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Trade Receivables

Trade receivables, net are comprised of the following:

 

    2015     2014  
             
Trade receivables, gross   $ 1,407,481     $ 701,298  
Allowance for doubtful accounts     (410,915 )     (342,494 )
                 
Trade receivables, net   $ 996,566     $ 358,804  

Schedule of Other Current Assets

Other current assets are comprised of the following:

 

    2015     2014  
             
Notes receivables   $ -     $ 111,682  
Deposits-current     221,788       163,833  
Advance to suppliers     34,413       284,212  
Prepaid expenses and other current assets     60,009       87,932  
                 
Other current assets   $ 316,210     $ 647,659  

Schedule of Future Amortization of Trademarks

Future amortization of trademarks is as follows:

 

2016   $ 20,000  
2017     20,000  
2018     20,000  
Thereafter     46,666  
Total   $ 106,666  

Schedule of Other Assets Comprised

Other assets are comprised of the following:

 

As of December 31,   2015     2014  
Deposits-long-term   $ 16,790     $ 48,616  
Deferred tax assets     145,591       151,357  
Deferred finance costs     -       164,347  
                 
Other assets   $ 162,381     $ 364,320  

Schedule of Accounts and Other Payables

 

    2015     2014  
Accounts Payable   $ 1,470,263     $ 1,185,446  
Accrued Expenses     816,993       966,520  
Deferred Revenue     316,870       14,280  
Accounts and Other Payables   $ 2,604,126     $ 2,166,246  

Schedule of Net Revenue and Net Assets (liabilities) for Other Significant Geographic Regions

The net revenues and net assets (liabilities) for other significant geographic regions are as follows:

 

    December 31, 2015  
    Net Revenue     Net Assets (Liabilities)  
United States   $ 305,240     $ (1,191,417 )
Republic of China (Taiwan)   $ 2,766,372     $ (8,084 )

Schedule of Reporting Segments

 

    Twelve Months     Twelve Months     Condensed  
    Ended Dec. 31, 2015     Ended Dec. 30, 2015     Consolidated  
    Iveda     MEGAsys     Total  
                   
Revenue   $ 305,240     $ 2,766,372     $ 3,071,612  
Cost of Revenue     337,472       2,052,572       2,390,044  
Gross Profit     (32,232 )     713,800       681,568  
Depreciation and Amortization     177,465       14,042       191,507  
General and Administrative     3,262,646       564,375       3,827,021  
Gain (Loss) from Operations     (3,472,343 )     135,383       (3,336,960 )
Foreign Currency Gain     8,644       5,402       14,046  
Gain on Derivatives     58,857       -       58,857  
Loss on Disposal of Assets, Net     (131,692 )     -       (131,692 )
Interest Income     18,273       2,171       20,444  
Interest Expense     (367,950 )     (29,187 )     (397,137 )
                         
Gain (Loss) Before Income Taxes     (3,886,211 )     113,769       (3,772,442 )
Benefit (Provision) for Income Taxes     -       (12,572 )     (12,572 )
Net Income (Loss)   $ (3,886,211 )   $ 101,197     $ (3,785,014 )

Schedule of Revenues, Additions to Long-Lived assets, Inventories and Property and Equipment for Operating Segments

Inventories and property and equipment for operating segments are regularly reviewed by management and are therefore provided below.

 

    December 31,  
    2015     2014  
Revenue                
United States   $ 305,240     $ 964,116  
Republic of China (Taiwan)     2,766,372       2,208,890  
Elimination of intersegment revenues     -       (987,263 )
    $ 3,071,612     $ 2,185,743  

 

    December 31,  
    2015     2014  
Operating Earnings (Loss)                
United States   $ (3,472,343 )   $ (4,939,752 )
Republic of China (Taiwan)     135,383       (19,932 )
    $ (3,336,960 )   $ (4,959,684 )

 

    December 31,  
    2015     2014  
Property and Equipment, Net                
United States   $ 184,806     $ 514,707  
Republic of China (Taiwan)     4,288       17,805  
    $ 189,094     $ 532,512  

 

    December 31,  
    2015     2014  
Additions to (Deletions from) Long-Lived Assets                
United States   $ (26,295 )   $ 262,873  
Republic of China (Taiwan)     (1,147 )     5,777  
    $ (27,442 )   $ 268,650  

 

    December 31,  
    2015     2014  
Inventory                
United States   $ 101,597     $ 271,797  
Republic of China (Taiwan)     75,313       116,121  
    $ 176,910     $ 387,918  

 

    December 31,  
    2015     2014  
Total Assets                
United States   $ 547,280     $ 1,149,776  
Republic of China (Taiwan)     1,901,538       2,335,098  
    $ 2,448,818     $ 3,484,874