XML 78 R60.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 10 - Fair Value Measurement (Details) - Fair Value of Assets Aquired on Non-recurring Basis (Promasys B.V. [Member], Fair Value, Measurements, Nonrecurring [Member], USD $)
Sep. 30, 2014
Dec. 31, 2013
Acquired assets (3)    
Promasys B.V. customer lists (4) $ 117,103 [1],[2] $ 134,739 [1],[2]
Promasys B.V. software code (4) 59,484 [1],[2] 70,512 [1],[2]
Promasys B.V. URLs/website (4) 43,745 [1],[2] 64,991 [1],[2]
Total 220,332 [1] 270,242 [1]
Fair Value, Inputs, Level 1 [Member]
   
Acquired assets (3)    
Promasys B.V. customer lists (4) 0 [1],[2]  
Promasys B.V. software code (4) 0 [1],[2]  
Promasys B.V. URLs/website (4) 0 [1],[2]  
Total 0 [1]  
Fair Value, Inputs, Level 2 [Member]
   
Acquired assets (3)    
Promasys B.V. customer lists (4) 0 [1],[2]  
Promasys B.V. software code (4) 0 [1],[2]  
Promasys B.V. URLs/website (4) 0 [1],[2]  
Total 0 [1]  
Fair Value, Inputs, Level 3 [Member]
   
Acquired assets (3)    
Promasys B.V. customer lists (4) 136,253 [1],[2]  
Promasys B.V. software code (4) 72,943 [1],[2]  
Promasys B.V. URLs/website (4) 68,814 [1],[2]  
Total $ 278,010 [1]  
[1] The fair value of the acquired assets was estimated using the Income Approach with a discounted cash flow valuation methodology applied.
[2] The acquired Promasys B.V. software code, customer list and URLs/website are not measured on a recurring basis since their initial fair value has been deemed to have a finite life and is being amortized periodically. Instead the Company performs an impairment analysis on a quarterly basis in order to determine whether the carrying value of the assets reflects the fair value of the assets in a market based transaction.