XML 30 R43.htm IDEA: XBRL DOCUMENT
v2.4.0.6

21. Restatement of financial statements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Notes to Financial Statements |
Restatement of Consolidated Balance Sheet |
Consolidated Balance Sheet at December 31, 2011 |  | As Previously Reported |  |  | Restated |  |  | Net Adjustment |
Derivative liability |  | $ | – |  |  | $ | 15,888,855 |  |  | $ | 15,888,855 |
Other current liabilities |  |  | 3,786,217 |  |  |  | 3,786,217 |  |  |  | – |
Total current liabilities |  | $ | 3,786,217 |  |  | $ | 19,675,072 |  |  | $ | 15,888,855 |
Shareholders’ deficit |  |  |  |  |  |  |  |  |  |  |  |
Series C 10% Preferred Stock, $0.001 par value: 1,000,000 shares authorized, 0 shares outstanding |  | $ | – |  |  | $ | – |  |  | $ | – |
Series D 10% Preferred Stock, $0.001 par value: 500,000 shares authorized,18,999 shares outstanding |  |  | 19 |  |  |  | 19 |  |  |  | – |
Series E 5% Preferred Stock, $0.001 par value: 10,000 shares authorized; 9,450 and 8,500 shares issued and outstanding |  |  | 9 |  |  |  | 9 |  |  |  | – |
Common stock, $0.001 par value: 200,000,000 shares authorized 89,083,677 and 88,157,055 shares issued and outstanding |  |  | 88,157 |  |  |  | 88,157 |  |  |  | – |
Additional paid-in capital |  |  | 41,964,908 |  |  |  | 33,264,917 |  |  |  | (8,699,991 | )
Accumulated deficit |  |  | (42,196,523 | ) |  |  | (49,385,387 | ) |  |  | (7,188,864 | )
Total Stratus shareholders' deficit |  | $ | (143,430 | ) |  | $ | (16,032,285 | ) |  | $ | (15,888,855 | )
Restatement of Consolidated Operations |
Consolidated Statement of Operations for 2011 |  | As Previously Reported |  |  | Restated |  |  | Net Adjustment |
Loss from operations |  | $ | (16,429,344 | ) |  | $ | (16,429,344 | ) |  | $ | – |
Other (income)/expenses |  |  |  |  |  |  |  |  |  |  |  |
Fair value of derivative liabilities in excess of proceeds |  |  | – |  |  |  | 19,642,867 |  |  |  | 19,642,867 |
Adjustments to fair value of derivative securities |  |  | – |  |  |  | (12,454,003 | ) |  |  | (12,454,003 | )
Other (income)/expenses |  |  | (1,012,909 | ) |  |  | (1,012,909 | ) |  |  | – |
Interest expense |  |  | 420,733 |  |  |  | 30,535 |  |  |  | (390,198 | )
Total other (income)/expenses |  |  | (592,176 | ) |  |  | 6,206,490 |  |  |  | 6,798,666 |
Net loss |  | $ | (15,837,168 | ) |  | $ | (22,635,834 | ) |  | $ | (6,798,666 | )
Preferred dividends |  |  | – |  |  |  | 390,198 |  |  |  | 390,198 |
Net loss attributable to common shareholders |  | $ | (15,837,168 | ) |  | $ | (23,026,032 | ) |  | $ | (7,188,864 | )
Basic and diluted loss attributable to common shareholders per share |  | $ | (0.18 | ) |  | $ | (0.26 | ) |  | $ | (0.08 | )
Basic weighted average shares outstanding |  |  | 88,157,055 |  |  |  | 88,157,055 |  |  |  |  |
Fully-diluted weighted average shares outstanding |  |  | 88,157,055 |  |  |  | 101,023,493 |  |  |  | 12,866,438 |

X
- Details
Name: | SMDI_NotesToFinancialStatementsAbstract
Namespace Prefix: | SMDI_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | SMDI_RestatementOfConsolidatedBalanceSheetTableTextBlock
Namespace Prefix: | SMDI_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | SMDI_RestatementOfConsolidatedOperationsTableTextBlock
Namespace Prefix: | SMDI_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration