Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
|
| Income Statement [Abstract] | ||||
| Revenues | $ 96,010 | $ 60,551 | $ 221,459 | $ 87,254 |
| Cost of Good Sold | 76,009 | 139,528 | ||
| Gross profit | 20,001 | $ 60,551 | 81,931 | $ 87,254 |
| Operating Expenses | ||||
| Professional fees | 43,634 | 199,874 | 104,155 | 361,579 |
| General and administrative | 366,360 | 87,708 | 735,092 | 220,406 |
| Total operating expenses | 409,994 | 287,582 | 839,247 | 581,985 |
| Loss from Operations | (389,993) | (227,031) | (757,316) | (494,731) |
| Other Income (Expense) | ||||
| Interest expense | (136,697) | (85,619) | (491,822) | (342,950) |
| Change in derivative liability | 2,163 | 657,520 | 2,823,888 | (161,258) |
| Foreign currency transaction gain (loss) | (6,071) | $ 1,161 | 13,921 | 1,118 |
| Loss on extinguishment of debt | (31,194) | (977,876) | (2,850) | |
| Total other income (expense) | (171,799) | $ 573,062 | 1,368,111 | (505,940) |
| Income (Loss) Before Income Taxes | $ (561,792) | $ 346,031 | $ 610,795 | $ (1,000,672) |
| Provision For Income Taxes | ||||
| Net income (Loss) before Non-controlling Interest | $ (561,792) | $ 346,031 | $ 610,795 | $ (1,000,672) |
| Net Loss Attributable to Non-controlling Interest | (7,350) | (14,700) | (5,194) | |
| Net Income (Loss) Attributable to Bitzio, Inc | $ (554,442) | $ 346,031 | $ 625,495 | $ (995,478) |
| Earnings (Loss) Per Share attributable to Bitzio shareholders | ||||
| Basic | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.01) |
| Diluted | $ 0.00 | $ 0.00 | $ 0.00 | $ (0.01) |
| Weighted Average Common Shares | ||||
| Basic | 5,158,310,887 | 293,459,474 | 4,444,916,042 | 261,497,556 |
| Diluted | 5,158,310,887 | 1,342,671,471 | 4,444,916,042 | 261,497,556 |
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. 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 Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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