XML 31 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9
Supplemental Guarantor Information (Tables)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]      
Schedule of Comprehensive Income (Loss)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
YEAR ENDED DECEMBER 31, 2014
In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
 
$

 
$
261,963

 
$
373,779

 
$

 
$
635,742

COSTS AND EXPENSES
 
 
 
 
 
 
 
 
 
 
Costs applicable to sales(1)
 

 
196,805

 
281,140

 

 
477,945

Amortization
 
1,805

 
65,100

 
95,531

 

 
162,436

General and administrative
 
39,976

 
6

 
863

 

 
40,845

Exploration
 
3,560

 
11,157

 
7,023

 

 
21,740

Write-downs
 

 
107,832

 
1,364,889

 

 
1,472,721

Pre-development, reclamation, and other
 
8,813

 
3,889

 
13,335

 

 
26,037

Total costs and expenses
 
54,154

 
384,789

 
1,762,781

 

 
2,201,724

OTHER INCOME (EXPENSE), NET
 
 
 
 
 
 
 
 
 
 
Fair value adjustments, net
 
1,812

 
3,653

 
(1,847
)
 

 
3,618

Impairment of equity securities
 

 
(6,593
)
 

 

 
(6,593
)
Interest income and other, net
 
4,406

 
(430
)
 
227

 
(2,828
)
 
1,375

Interest expense, net of capitalized interest
 
(38,389
)
 
(891
)
 
(11,094
)
 
2,828

 
(47,546
)
Total other income (expense), net
 
(32,171
)
 
(4,261
)
 
(12,714
)
 

 
(49,146
)
Income (Loss) before income and mining taxes
 
(86,325
)
 
(127,087
)
 
(1,401,716
)
 

 
(1,615,128
)
Income and mining tax (expense) benefit
 
1,742

 
(2,224
)
 
459,726

 

 
459,244

Income (Loss) after income and mining taxes
 
(84,583
)
 
(129,311
)
 
(941,990
)
 

 
(1,155,884
)
Equity income (loss) in consolidated subsidiaries
 
(1,071,301
)
 
(4,181
)
 

 
1,075,482

 

NET INCOME (LOSS)
 
$
(1,155,884
)
 
$
(133,492
)
 
$
(941,990
)
 
$
1,075,482

 
$
(1,155,884
)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on equity securities, net of tax
 
(2,290
)
 
(2,272
)
 

 
2,272

 
(2,290
)
Reclassification adjustments for impairment of equity securities, net of tax
 
4,042

 
4,042

 

 
(4,042
)
 
4,042

Reclassification adjustments for realized loss on sale of equity securities, net of tax
 
346

 
328

 

 
(328
)
 
346

Other comprehensive income (loss)
 
2,098

 
2,098

 

 
(2,098
)
 
2,098

COMPREHENSIVE INCOME (LOSS)
 
$
(1,153,786
)
 
$
(131,394
)
 
$
(941,990
)
 
$
1,073,384

 
$
(1,153,786
)
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
YEAR ENDED DECEMBER 31, 2013
In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
 
$

 
$
268,023

 
$
477,971

 
$

 
$
745,994

COSTS AND EXPENSES
 
 
 
 
 
 
 
 
 
 
Costs applicable to sales(1)
 

 
182,444

 
281,219

 

 
463,663

Amortization
 
1,066

 
71,655

 
156,843

 

 
229,564

General and administrative
 
50,213

 
3,245

 
1,885

 

 
55,343

Exploration
 
1,602

 
8,920

 
11,838

 

 
22,360

Litigation settlement
 

 
32,046

 

 

 
32,046

Write-downs
 

 
130,694

 
642,299

 

 
772,993

Pre-development, reclamation, and other
 

 
3,093

 
12,091

 

 
15,184

Total costs and expenses
 
52,881

 
432,097

 
1,106,175

 

 
1,591,153

OTHER INCOME (EXPENSE), NET
 
 
 
 
 
 
 
 
 
 
Fair value adjustments, net
 
(1,346
)
 
7,896

 
76,218

 

 
82,768

Impairment of equity securities
 
(18,097
)
 
(211
)
 

 

 
(18,308
)
Interest income and other, net
 
13,408

 
(1,539
)
 
4,602

 
(3,148
)
 
13,323

Interest expense, net of capitalized interest
 
(25,652
)
 
(445
)
 
(18,354
)
 
3,148

 
(41,303
)
Total other income (expense), net
 
(31,687
)
 
5,701

 
62,466

 

 
36,480

Income (Loss) before income and mining taxes
 
(84,568
)
 
(158,373
)
 
(565,738
)
 

 
(808,679
)
Income and mining tax (expense) benefit
 
78,332

 
(155
)
 
79,939

 

 
158,116

Income (Loss) after income and mining taxes
 
(6,236
)
 
(158,528
)
 
(485,799
)
 

 
(650,563
)
Equity income (loss) in consolidated subsidiaries
 
(644,327
)
 
(68
)
 

 
644,395

 

NET INCOME (LOSS)
 
$
(650,563
)
 
$
(158,596
)
 
$
(485,799
)
 
$
644,395

 
$
(650,563
)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on equity securities, net of tax
 
(8,489
)
 
(552
)
 

 
552

 
(8,489
)
Reclassification adjustments for impairment of equity securities, net of tax
 
11,221

 
211

 

 
(211
)
 
11,221

Reclassification adjustments for realized loss on sale of equity securities, net of tax
 
83

 

 

 

 
83

Other comprehensive income (loss)
 
2,815

 
(341
)
 

 
341

 
2,815

COMPREHENSIVE INCOME (LOSS)
 
$
(647,748
)
 
$
(158,937
)
 
$
(485,799
)
 
$
644,736

 
$
(647,748
)
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)
YEAR ENDED DECEMBER 31, 2012
In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
Revenue
 
$

 
$
243,380

 
$
652,112

 
$

 
$
895,492

COSTS AND EXPENSES
 
 
 
 
 
 
 
 
 
 
Costs applicable to sales(1)
 

 
159,151

 
295,411

 

 
454,562

Amortization
 
521

 
48,065

 
167,446

 

 
216,032

General and administrative
 
30,699

 
1,101

 
1,177

 

 
32,977

Exploration
 
1,946

 
7,930

 
16,394

 

 
26,270

Write-downs
 

 

 
5,825

 

 
5,825

Pre-development, reclamation, and other
 

 
1,323

 
2,763

 

 
4,086

Total costs and expenses
 
33,166

 
217,570

 
489,016

 

 
739,752

Loss on debt extinguishments
 

 
(1,036
)
 

 

 
(1,036
)
Fair value adjustments, net
 
3,477

 
4,089

 
(31,053
)
 

 
(23,487
)
Impairment of equity securities
 
(605
)
 

 

 

 
(605
)
Interest income and other, net
 
5,744

 
859

 
13,071

 
(4,633
)
 
15,041

Interest expense, net of capitalized interest
 
(4,158
)
 
(2,997
)
 
(23,647
)
 
4,633

 
(26,169
)
Total other income (expense), net
 
4,458

 
915

 
(41,629
)
 

 
(36,256
)
Income (Loss) before income and mining taxes
 
(28,708
)
 
26,725

 
121,467

 

 
119,484

Income and mining tax (expense) benefit
 
(3,844
)
 
(2,930
)
 
(64,033
)
 

 
(70,807
)
Income (Loss) after income and mining taxes
 
(32,552
)
 
23,795

 
57,434

 

 
48,677

Equity income (loss) in consolidated subsidiaries
 
81,229

 

 

 
(81,229
)
 

NET INCOME (LOSS)
 
$
48,677

 
$
23,795

 
$
57,434

 
$
(81,229
)
 
$
48,677

OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on equity securities, net of tax
 
(3,351
)
 

 

 

 
(3,351
)
Reclassification adjustments for impairment of equity securities, net of tax
 
605

 

 

 

 
605

Other comprehensive income (loss)
 
(2,746
)
 

 

 

 
(2,746
)
COMPREHENSIVE INCOME (LOSS)
 
$
45,931

 
$
23,795

 
$
57,434

 
$
(81,229
)
 
$
45,931

(1) Excludes amortization.

Schedule of Condensed Cash Flow Statement
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2014

In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
Cash provided by (used in) operating activities
 
$
(1,144,474
)
 
$
41,292

 
$
80,627

 
$
1,075,482

 
52,927

CASH FLOWS FROM INVESTING ACTIVITIES
 

 

 

 
 
 
 
Capital expenditures
 
(1,849
)
 
(28,118
)
 
(34,277
)
 

 
(64,244
)
Purchase of short term investments and equity securities
 
(50,013
)
 
(429
)
 
(71
)
 

 
(50,513
)
Sales and maturities of short term investments and equity securities
 
49,069

 
5,261

 
14

 

 
54,344

Acquisitions
 
(12,079
)
 
(4,000
)
 
(5,250
)
 

 
(21,329
)
Other
 

 
48

 
(40
)
 

 
8

Investments in consolidated subsidiaries
 
1,120,382

 
4,106

 

 
(1,124,488
)
 

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
 
1,105,510

 
(23,132
)
 
(39,624
)
 
(1,124,488
)
 
(81,734
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
Issuance of notes and bank borrowings
 
153,000

 

 
14,784

 

 
167,784

Payments on long-term debt, capital leases, and associated costs
 
(18,545
)
 
(6,114
)
 
(1,243
)
 

 
(25,902
)
Gold production royalty payments
 

 

 
(48,395
)
 

 
(48,395
)
Net intercompany financing activity
 
(21,697
)
 
(7,256
)
 
(20,053
)
 
49,006

 

Other
 
(509
)
 

 

 

 
(509
)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
 
112,249

 
(13,370
)
 
(54,907
)
 
49,006

 
92,978

NET CHANGE IN CASH AND CASH EQUIVALENTS
 
73,285

 
4,790

 
(13,904
)
 

 
64,171

Cash and cash equivalents at beginning of period
 
137,076

 
991

 
68,623

 

 
206,690

Cash and cash equivalents at end of period
 
$
210,361

 
$
5,781

 
$
54,719

 
$

 
$
270,861




CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2013
In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
Cash provided by (used in) operating activities
 
$
(701,653
)
 
$
17,456

 
$
151,491

 
$
646,173

 
$
113,467

CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
(3,573
)
 
(50,810
)
 
(46,430
)
 

 
(100,813
)
Purchase of short term investments and equity securities
 
(2,921
)
 
(66
)
 
(5,065
)
 

 
(8,052
)
Sales and maturities of short term investments and equity securities
 
29,274

 
75

 
5,447

 

 
34,796

Acquisitions
 
(113,214
)
 
(3,684
)
 

 

 
(116,898
)
Other
 
3,266

 
444

 
768

 

 
4,478

Investments in consolidated subsidiaries
 
642,617

 
68

 
3,488

 
(646,173
)
 

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
 
555,449

 
(53,973
)
 
(41,792
)
 
(646,173
)
 
(186,489
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
Issuance of notes and bank borrowings
 
300,000

 

 

 

 
300,000

Payments on long-term debt, capital leases, and associated costs
 
(52,568
)
 
(3,171
)
 
(4,889
)
 

 
(60,628
)
Gold production royalty payments
 

 

 
(57,034
)
 

 
(57,034
)
Share repurchases
 
(27,552
)
 

 

 

 
(27,552
)
Net intercompany financing activity
 
(22,874
)
 
40,279

 
(17,405
)
 

 

Other
 
(514
)
 

 

 

 
(514
)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
 
196,492

 
37,108

 
(79,328
)
 

 
154,272

NET CHANGE IN CASH AND CASH EQUIVALENTS
 
50,288

 
591

 
30,371

 

 
81,250

Cash and cash equivalents at beginning of period
 
86,788

 
400

 
38,252

 

 
125,440

Cash and cash equivalents at end of period
 
$
137,076

 
$
991

 
$
68,623

 
$

 
$
206,690

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2012
In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
Cash provided by (used in) operating activities
 
$
58,754

 
$
37,426

 
$
256,683

 
$
(81,229
)
 
271,634

CASH FLOWS FROM INVESTING ACTIVITIES
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
(1,531
)
 
(48,788
)
 
(65,322
)
 

 
(115,641
)
Purchase of short term investments and equity securities
 
(12,913
)
 
(46
)
 

 

 
(12,959
)
Sales and maturities of short term investments and equity securities
 
21,590

 
45

 
60

 

 
21,695

Acquisitions
 
(29,338
)
 

 
41

 

 
(29,297
)
Other
 
3,538

 
130

 
(581
)
 

 
3,087

Investments in consolidated subsidiaries
 
(81,229
)
 

 

 
81,229

 

CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
 
(99,883
)
 
(48,659
)
 
(65,802
)
 
81,229

 
(133,115
)
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
Payments on long-term debt, capital leases, and associated costs
 
(4,005
)
 
(79,839
)
 
(13,326
)
 

 
(97,170
)
Gold production royalty payments
 

 

 
(74,734
)
 

 
(74,734
)
Share repurchases
 
(19,971
)
 

 

 

 
(19,971
)
Net intercompany financing activity
 
67,082

 
86,394

 
(153,476
)
 

 

Other
 
(861
)
 
4,645

 

 

 
3,784

CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES
 
42,245

 
11,200

 
(241,536
)
 

 
(188,091
)
NET CHANGE IN CASH AND CASH EQUIVALENTS
 
1,116

 
(33
)
 
(50,655
)
 

 
(49,572
)
Cash and cash equivalents at beginning of period
 
85,672

 
433

 
88,907

 

 
175,012

Cash and cash equivalents at end of period
 
$
86,788

 
$
400

 
$
38,252

 
$

 
$
125,440

Schedule of Condensed Balance Sheet
CONDENSED CONSOLIDATING BALANCE SHEET
DECEMBER 31, 2014
In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
ASSETS
 
 
 
 
 
 
 
 
CURRENT ASSETS
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
210,361

 
$
5,781

 
$
54,719

 
$

 
$
270,861

Receivables
 
87

 
11,151

 
105,683

 

 
116,921

Ore on leach pads
 

 
48,204

 

 

 
48,204

Inventory
 

 
54,983

 
59,948

 

 
114,931

Deferred tax assets
 
393

 

 
6,971

 

 
7,364

Prepaid expenses and other
 
6,349

 
4,557

 
4,617

 

 
15,523

 
 
217,190

 
124,676

 
231,938

 

 
573,804

NON-CURRENT ASSETS
 
 
 
 
 
 
 
 
 
 
Property, plant, and equipment, net
 
6,155

 
107,084

 
114,672

 

 
227,911

Mining properties, net
 
12,004

 
159,124

 
330,064

 

 
501,192

Ore on leach pads
 

 
37,889

 

 

 
37,889

Restricted assets
 
897

 
50

 
6,090

 

 
7,037

Equity securities
 

 
5,982

 

 

 
5,982

Receivables
 

 

 
21,686

 

 
21,686

Debt issuance costs, net
 
9,851

 

 

 

 
9,851

Deferred tax assets
 
30,419

 

 
29,732

 

 
60,151

Net investment in subsidiaries
 
128,913

 
45,615

 

 
(174,528
)
 

Other
 
50,813

 
5,522

 
4,394

 
(50,814
)
 
9,915

TOTAL ASSETS
 
$
456,242

 
$
485,942

 
$
738,576

 
$
(225,342
)
 
$
1,455,418

 
 
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
 
CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
 
Accounts payable
 
$
3,414

 
$
13,391

 
$
32,247

 
$

 
$
49,052

Accrued liabilities and other
 
22,588

 
11,207

 
17,718

 

 
51,513

Debt
 
5,334

 
7,476

 
4,688

 

 
17,498

Royalty obligations
 

 
5,747

 
37,931

 

 
43,678

Reclamation
 

 
3,401

 
1,621

 
(1,151
)
 
3,871

Deferred tax liabilities
 
7,142

 
848

 
88

 

 
8,078

 
 
38,478

 
42,070

 
94,293

 
(1,151
)
 
173,690

NON-CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
 
Debt
 
437,455

 
12,806

 
61,452

 
(50,814
)
 
460,899

Royalty obligations
 

 
9,623

 
18,028

 

 
27,651

Reclamation
 

 
46,792

 
19,000

 
1,151

 
66,943

Deferred tax liabilities
 
53,201

 
2,963

 
54,842

 

 
111,006

Other long-term liabilities
 
2,582

 
469

 
26,860

 

 
29,911

Intercompany payable (receivable)
 
(660,792
)
 
427,156

 
233,636

 

 

 
 
(167,554
)
 
499,809

 
413,818

 
(49,663
)
 
696,410

STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
 
Common stock
 
1,034

 
250

 
128,299

 
(128,549
)
 
1,034

Additional paid-in capital
 
2,789,695

 
79,712

 
1,682,830

 
(1,762,542
)
 
2,789,695

Accumulated deficit
 
(2,202,603
)
 
(133,091
)
 
(1,580,664
)
 
1,713,755

 
(2,202,603
)
Accumulated other comprehensive income (loss)
 
(2,808
)
 
(2,808
)
 

 
2,808

 
(2,808
)
 
 
585,318

 
(55,937
)
 
230,465

 
(174,528
)
 
585,318

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
 
$
456,242

 
$
485,942

 
$
738,576

 
$
(225,342
)
 
$
1,455,418

CONDENSED CONSOLIDATING BALANCE SHEET
DECEMBER 31, 2013

In thousands
 
Coeur Mining, Inc.
 
Guarantor Subsidiaries
 
Non-Guarantor Subsidiaries
 
Eliminations
 
Consolidated
ASSETS
 
 
 
 
 
 
 
 
CURRENT ASSETS
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
137,076

 
$
991

 
$
68,623

 
$

 
$
206,690

Receivables
 
530

 
19,982

 
60,562

 

 
81,074

Ore on leach pads
 

 
50,495

 

 

 
50,495

Inventory
 

 
35,290

 
96,733

 

 
132,023

Deferred tax assets
 

 

 
35,008

 

 
35,008

Prepaid expenses and other
 
4,128

 
5,282

 
16,530

 

 
25,940

 
 
141,734

 
112,040

 
277,456

 

 
531,230

NON-CURRENT ASSETS
 
 
 
 
 
 
 
 
 
 
Property, plant, and equipment, net
 
5,980

 
143,118

 
337,175

 

 
486,273

Mining properties, net
 

 
235,537

 
1,515,964

 

 
1,751,501

Ore on leach pads
 

 
31,528

 

 

 
31,528

Restricted assets
 
830

 
50

 
6,134

 

 
7,014

Equity securities
 

 
14,521

 

 

 
14,521

Receivables
 

 

 
36,574

 

 
36,574

Debt issuance costs, net
 
10,812

 

 

 

 
10,812

Deferred tax assets
 
955

 

 
234

 

 
1,189

Net investment in subsidiaries
 
1,242,480

 
46,215

 
1,578,799

 
(2,867,494
)
 

Other
 
53,858

 
14,616

 
320,425

 
(373,563
)
 
15,336

TOTAL ASSETS
 
$
1,456,649

 
$
597,625

 
$
4,072,761

 
$
(3,241,057
)
 
$
2,885,978

 
 
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
 
CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
 
Accounts payable
 
$
1,963

 
$
15,864

 
$
36,020

 
$

 
$
53,847

Accrued liabilities and other
 
16,693

 
8,016

 
14,611

 
(1,054
)
 
38,266

Debt
 

 
1,262

 
309,472

 
(308,229
)
 
2,505

Royalty obligations
 

 
3,934

 
44,085

 

 
48,019

Reclamation
 

 

 
794

 
119

 
913

Deferred tax liabilities
 

 

 
1,011

 

 
1,011

 
 
18,656

 
29,076

 
405,993

 
(309,164
)
 
144,561

NON-CURRENT LIABILITIES
 
 
 
 
 
 
 
 
 
 
Debt
 
305,335

 
255

 
64,820

 
(64,280
)
 
306,130

Royalty obligations
 

 
17,696

 
47,446

 

 
65,142

Reclamation
 

 
45,894

 
11,740

 
(119
)
 
57,515

Deferred tax liabilities
 
37,095

 
1,618

 
517,533

 

 
556,246

Other long-term liabilities
 
2,467

 
544

 
22,806

 

 
25,817

Intercompany payable (receivable)
 
(637,471
)
 
427,085

 
210,386

 

 

 
 
(292,574
)
 
493,092

 
874,731

 
(64,399
)
 
1,010,850

STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
 
Common stock
 
1,028

 
250

 
122,666

 
(122,916
)
 
1,028

Additional paid-in capital
 
2,781,164

 
79,712

 
3,258,037

 
(3,337,749
)
 
2,781,164

Accumulated deficit
 
(1,046,719
)
 
401

 
(588,666
)
 
588,265

 
(1,046,719
)
Accumulated other comprehensive income (loss)
 
(4,906
)
 
(4,906
)
 

 
4,906

 
(4,906
)
 
 
1,730,567

 
75,457

 
2,792,037

 
(2,867,494
)
 
1,730,567

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
 
$
1,456,649

 
$
597,625

 
$
4,072,761

 
$
(3,241,057
)
 
$
2,885,978