Statements of Operations (USD $)
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12 Months Ended | 23 Months Ended | |
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Dec. 31, 2010
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Dec. 31, 2011
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Dec. 31, 2011
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Formation and operating costs | $ (11,248) | $ (310,075) | $ (321,323) |
Gain on change in fair value of warrant liability | 0 | 179,333 | 179,333 |
Interest income | 0 | 5,577 | 5,577 |
Interest expense | (12,161) | (7,739) | (19,900) |
Other income | 0 | 678 | 678 |
Net loss | $ (23,409) | $ (132,226) | $ (155,635) |
Weighted average shares outstanding (in shares) | 1,955,000 | 4,426,677 | |
Basic and diluted net loss per share (in dollars per share) | $ (0.01) | $ (0.03) |
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- Definition
Gain recognized in earnings related to the change in fair value during the period of warrant liabilty. No definition available.
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- Definition
The average number of shares or units issued and outstanding that are used in calculating basic and diluted EPS. No definition available.
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
The amount of interest expense incurred during the period on a debt or other obligation to a related party. No definition available.
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- Definition
Interest generated from day to day operating activities of the business. This element represents a revenue generating activity and is therefore gross (before any related cost of revenue items). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
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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- Definition
The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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