Purchase of Applied Optics Products Line (Detail Textuals) - USD ($) |
Nov. 03, 2014 |
Sep. 27, 2015 |
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Business Acquisition [Line Items] | ||
Unamortized intangible assets | $ 0 | |
Applied Optics Product Line | ||
Business Acquisition [Line Items] | ||
Purchase price paid | $ 1,013,100 | |
Liabilities assumed | 270,700 | |
Working capital surplus | 213,100 | |
Advance from accredited investors | $ 800,000 | |
Approximate percentage of net carrying value of assets for fair value appraisal | 73.00% | |
Acquisition-related costs | $ 40,200 |
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- Definition Represents the amount related to advance from accredited investors subsequently consummated for business combination. No definition available.
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- Definition Represents the percentage of net carrying value of assets for fair value appraisal of assets. No definition available.
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- Definition Represents the amount calculated as current assets minus current liabilities. If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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