Condensed Statements of Cash Flows (Unaudited) (USD $)
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3 Months Ended | ||
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Mar. 31, 2015
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Dec. 31, 2014
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Sep. 30, 2013
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Cash Flows from Operating Activities | |||
Net (Loss) | $ (534,099)us-gaap_NetIncomeLoss | $ (252,047)us-gaap_NetIncomeLoss | |
Adjustments to reconcile net (loss) to net cash provided from operating activities: | |||
Depreciation | (3,388)us-gaap_Depreciation | 1,429us-gaap_Depreciation | |
Amortization of prepaid shares issued for services | 14,875us-gaap_AmortizationOfDeferredCharges | ||
Amortization of discounts | (142,447)us-gaap_AmortizationOfFinancingCostsAndDiscounts | 3,099us-gaap_AmortizationOfFinancingCostsAndDiscounts | |
Other | 50,000us-gaap_OtherNoncashIncomeExpense | 608us-gaap_OtherNoncashIncomeExpense | |
Options issued for services | 38,010us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims | ||
Changes in operating assets and liabilities | |||
Accounts receivable | 39,289us-gaap_IncreaseDecreaseInReceivables | (27,894)us-gaap_IncreaseDecreaseInReceivables | |
Accounts payable | (21,999)us-gaap_IncreaseDecreaseInOtherAccountsPayable | (595)us-gaap_IncreaseDecreaseInOtherAccountsPayable | |
Accrued Payroll | 28,013us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 0us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 54,682us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
Accrued expenses | 5,756us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | ||
Accrued interest | 21,868us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet | 17,510us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet | |
Deferred revenue | (5,071)us-gaap_IncreaseDecreaseInDeferredRevenue | (8,705)us-gaap_IncreaseDecreaseInDeferredRevenue | |
Net Cash (Used in) Operating Activities | (567,834)us-gaap_NetCashProvidedByUsedInContinuingOperations | (207,954)us-gaap_NetCashProvidedByUsedInContinuingOperations | |
Cash Flows from Investing Activities | |||
Proceeds from line of credit facility | 2,255us-gaap_ProceedsFromLinesOfCredit | 39,847us-gaap_ProceedsFromLinesOfCredit | |
Repayments made on line of credit facility | (39,979)us-gaap_RepaymentsOfLinesOfCredit | ||
Insurance premium repayments | 0isoa_InsurancePremiumRepayments | 0isoa_InsurancePremiumRepayments | |
Repayment for checks written in excess of cash balances | 0us-gaap_ProceedsFromRepaymentsOfBankOverdrafts | 0us-gaap_ProceedsFromRepaymentsOfBankOverdrafts | |
Proceeds from Sale of Common Stock and Warrants | 397,550us-gaap_ProceedsFromIssuanceOrSaleOfEquity | 190,001us-gaap_ProceedsFromIssuanceOrSaleOfEquity | |
Repayment to stockholders | (9,600)us-gaap_RepaymentsOfConvertibleDebt | 0us-gaap_RepaymentsOfConvertibleDebt | |
Proceeds from notes payable related parties | 171,166us-gaap_ProceedsFromRelatedPartyDebt | 61,000us-gaap_ProceedsFromRelatedPartyDebt | |
Repayments from notes payable related parties | (675)us-gaap_RepaymentsOfRelatedPartyDebt | (42,427)us-gaap_RepaymentsOfRelatedPartyDebt | |
Net Cash Provided by Financing Activities | 560,696us-gaap_NetCashProvidedByUsedInFinancingActivities | 208,441us-gaap_NetCashProvidedByUsedInFinancingActivities | |
Net Change in Cash and Cash Equivalents | (2,132)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 487us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | |
Cash and Cash Equivalents at End of Period | 1,346us-gaap_CashAndCashEquivalentsAtCarryingValue | 733us-gaap_CashAndCashEquivalentsAtCarryingValue | |
Suplemental disclosure of non-cash and cash investing and financing activities: | |||
Cash paid for interest | 3,258us-gaap_InterestPaid | 20,183us-gaap_InterestPaid | |
Cash paid for taxes | 0us-gaap_IncomeTaxesPaid | 0us-gaap_IncomeTaxesPaid | |
Non-cash investing and financing activity: | |||
Subscription Receivable | $ 20,000isoa_SubscriptionReceivable |
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No authoritative reference available. No definition available.
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No authoritative reference available. No definition available.
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The amount of amortization of deferred charges applied against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the amount due from borrowers for interest payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in other obligations due by the reporting entity that are payable within one year (or one business cycle), not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair value of share-based compensation granted to nonemployees as payment for services rendered or acknowledged claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The increase (decrease) in cash associated with the entity's continuing operating, investing, and financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. No definition available.
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Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net cash inflow or outflow from the excess drawing from an existing cash balance, which will be honored by the bank but reflected as a loan to the drawer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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