XML 19 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Series E Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Wecast Network Shareholders' Equity
Non- controlling Interest
Total
Balance at Dec. 31, 2014 $ 7,365 $ 23,794 $ 96,347,272 $ (78,356,567) $ (66,032) $ 17,955,832 $ (1,982,119) $ 15,973,713
Balance (in shares) at Dec. 31, 2014 7,365,283 23,793,702            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation     300,797     300,797   300,797
Common stock issued for services   $ 121 216,985     217,106   217,106
Common stock issued for services (in shares)   120,755            
Conversion of Series E Preferred Stock into common stock $ (110) $ 110            
Conversion of Series E Preferred Stock into common stock (in shares) (110,286) 110,286            
Exercise of options   $ 3 (3)          
Exercise of options (in shares)   3,181            
Net loss       (6,201,527)   (6,201,527) (376,893) (6,578,420)
Foreign currency translation adjustments, net of nil tax         (200,710) (200,710) 17,780 (182,930)
Balance at Sep. 30, 2015 $ 7,255 $ 24,028 96,865,051 (84,558,094) (266,742) 12,071,498 (2,341,232) 9,730,266
Balance (in shares) at Sep. 30, 2015 7,254,997 24,027,924            
Balance at Dec. 31, 2015 $ 7,255 $ 24,249 97,512,542 (86,457,840) (414,910) 10,671,296 (2,388,031) 8,283,265
Balance (in shares) at Dec. 31, 2015 7,254,997 24,249,109            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation   $ 25 286,552     286,577   $ 286,577
Share-based compensation (in shares)   25,000            
Exercise of options (in shares)              
Common stock issuance   $ 9,091 17,268,483     17,277,574   $ 17,277,574
Common stock issuance (in shares)   9,090,909            
Warrants issued in connection with common stock issuance     722,426     722,426   722,426
Issuance cost in connection with the issuance of common stock and warrants     (411,223)     (411,223)   (411,223)
Common stock issued from conversion of convertible note   $ 9,209 17,724,088     17,733,297   17,733,297
Common stock issued from conversion of convertible note (in shares)   9,208,860            
Restricted Shares granted in connection with acquisition of intangible     121,695     121,695   121,695
Common stock issued for settlement of liability   $ 42 74,958     75,000   75,000
Common stock issued for settlement of liability (in shares)   41,780            
Common stock issued from conversion of series E preferred stock $ (100) $ 100            
Common stock issued from conversion of series E preferred stock (in shares) (100,000) 100,000            
Net loss       (5,771,763)   (5,771,763) (261,809) (6,033,572)
Foreign currency translation adjustments, net of nil tax         (290,733) (290,733) 21,459 (269,274)
Balance at Sep. 30, 2016 $ 7,155 $ 42,716 $ 133,299,521 $ (92,229,603) $ (705,643) $ 40,414,146 $ (2,628,381) $ 37,785,765
Balance (in shares) at Sep. 30, 2016 7,154,997 42,715,658