XML 21 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Net Revenue $ 887,490 $ 75,999    
Cost of Goods Sold 874,168 71,160    
Gross (Loss) Profit 13,322 4,839    
General and administrative 2,693,703 429,724    
Depreciation and amortization 19,345 8,441    
Total Expense 2,713,048 438,165    
Loss from Operations (2,699,726) (433,326)    
Other (expense) income (3,797) (1,651)    
Interest expense, net (2,992)    
Foreign currency gain (loss) 30,984 (40,305)    
Loss before Provision for Income Taxes (2,675,531) (475,282)    
Provision for Income Taxes    
Net Loss (2,675,531) (475,282)    
Net loss attributable to non-controlling interest    
Net Loss Attributable to Controlling Interest $ (2,675,531) $ (475,282)    
Net Loss Per Share - Basic and Diluted (in dollars per share) $ (0.06) $ (0.05)    
Weighted Average Number of Shares Outstanding - Basic and Diluted (in shares) 47,920,154 9,943,628    
Other Comprehensive Loss        
Foreign currency translation adjustment $ 42,378 $ 56,380    
Total Comprehensive loss (2,633,153) (418,902)    
Comprehensive loss attributable to non-controlling interest    
Comprehensive Loss Attributable to Controlling Interest $ (2,633,153) $ (418,902)    
QPAGOS Corporation - Parent Company [Member]        
Net Revenue     $ 1,510,369 $ 137,250
Cost of Goods Sold     1,521,128 132,988
Gross (Loss) Profit     (10,759) 4,262
General and administrative     2,000,714 1,264,535
Depreciation and amortization     37,810 30,600
Total Expense     2,038,524 1,295,135
Loss from Operations     (2,049,283) (1,290,873)
Other (expense) income     (9,991) 2,419
Interest expense, net     (3,319) 11
Foreign currency gain (loss)     (466,920) (200,875)
Loss before Provision for Income Taxes     (2,529,513) (1,489,318)
Provision for Income Taxes    
Net Loss     (2,529,513) (1,489,318)
Net loss attributable to non-controlling interest    
Net Loss Attributable to Controlling Interest     $ (2,529,513) $ (1,489,318)
Net Loss Per Share - Basic and Diluted (in dollars per share)     $ (0.2) $ (0.61)
Weighted Average Number of Shares Outstanding - Basic and Diluted (in shares)     12,849,373 2,459,314
Other Comprehensive Loss        
Foreign currency translation adjustment     $ 269,835 $ 147,167
Total Comprehensive loss     (2,259,678) (1,342,151)
Comprehensive loss attributable to non-controlling interest    
Comprehensive Loss Attributable to Controlling Interest     $ (2,259,678) $ (1,342,151)