|
Consolidated Statements of Cash Flows (Unaudited) (USD $)
|
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
| Cash flows from operating activities: | ||
| Net loss | $ (1,903,723)us-gaap_NetIncomeLoss | $ (127,894)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss income to net cash (used in) provided by operating activities: | ||
| Provision for bad debts | 847us-gaap_ProvisionForDoubtfulAccounts | |
| Regional developer fees recognized upon acquisition of development rights | (159,500)jynt_RegionalDeveloperFeesRecognizedUponAcquisitionOfDevelopmentRights | |
| Depreciation and amortization | 122,596us-gaap_DepreciationDepletionAndAmortization | 40,066us-gaap_DepreciationDepletionAndAmortization |
| Gain on sale of property and equipment | (11,500)us-gaap_GainLossOnSaleOfPropertyPlantEquipment | |
| Deferred income taxes | (2)us-gaap_DeferredIncomeTaxExpenseBenefit | |
| Stock based compensation expense | 132,287us-gaap_ShareBasedCompensation | 15,600us-gaap_ShareBasedCompensation |
| Changes in operating assets and liabilties, net of effects from acquisitions: | ||
| Restricted cash | (113,985)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities | (113,324)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities |
| Accounts receivable | (71,611)us-gaap_IncreaseDecreaseInAccountsReceivable | 85,929us-gaap_IncreaseDecreaseInAccountsReceivable |
| Prepaid income taxes | (63,499)us-gaap_IncreaseDecreaseInPrepaidTaxes | |
| Prepaid expenses and other current assets | 295,599us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 8,033us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Deferred franchise costs | 74,550jynt_IncreaseDecreaseDeferredFranchiseCosts | 24,800jynt_IncreaseDecreaseDeferredFranchiseCosts |
| Deposits and other assets | (8,401)us-gaap_IncreaseDecreaseInDepositOtherAssets | |
| Accounts payable and accrued expenses | 304,209us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 58,096us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Co-op funds liability | 111,957jynt_IncreaseDecreaseInCoOpFundsLiability | 26,586jynt_IncreaseDecreaseInCoOpFundsLiability |
| Payroll liabilities | 9,523us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (17,134)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Other liabilities | (12,117)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities | 34,958us-gaap_IncreaseDecreaseInOtherOperatingLiabilities |
| Deferred rent | (14,794)us-gaap_IncreaseDecreaseInOtherDeferredLiability | 540,361us-gaap_IncreaseDecreaseInOtherDeferredLiability |
| Income taxes payable | (419,297)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable | |
| Deferred revenue | (98,998)us-gaap_IncreaseDecreaseInDeferredRevenue | (43,500)us-gaap_IncreaseDecreaseInDeferredRevenue |
| Net cash (used in) provided by operating activities | (1,343,061)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | 49,779us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash flows from investing activities: | ||
| Acquisition of businesses | (1,830,000)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired | |
| Reacquisition and termination of regional developer rights | (545,000)jynt_AdvancesForReacquisitionAndTerminationOfRegionalDeveloperRights | |
| Purchase of property and equipment | (14,021)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (548,993)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Proceeds received on sale of property and equipment | 11,500us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment | |
| Payments received on notes receivable | 6,729us-gaap_ProceedsFromCollectionOfNotesReceivable | 6,339us-gaap_ProceedsFromCollectionOfNotesReceivable |
| Net cash used in investing activities | (2,370,792)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (542,654)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Net decrease in cash | (3,713,853)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (492,875)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash at beginning of period | 20,796,783us-gaap_CashAndCashEquivalentsAtCarryingValue | 3,516,750us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash at end of period | 17,082,930us-gaap_CashAndCashEquivalentsAtCarryingValue | 3,023,875us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental cash flow disclosures: | ||
| Cash paid for income taxes | $ 420,250us-gaap_IncomeTaxesPaid | |
| X | ||||||||||
|
- Definition
Represents an advance for the reacquisition and termination of regional developer rights. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the increase (decrease) during the reporting period in deferred franchise costs. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the increase decrease in co-op funds liability during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The element that represents the cash flow statement line item "regional developer fees recognized upon acquisition of development rights." No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- 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
|
| X | ||||||||||
|
- Definition
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
|
| X | ||||||||||
|
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
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
|
| X | ||||||||||
|
- Definition
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
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
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
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in moneys or securities given as security including, but not limited to, contract, escrow, or earnest money deposits, retainage (if applicable), deposits with clearing organizations and others, collateral, or margin deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
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
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other obligations not otherwise defined in the taxonomy where the payments will be made in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current liabilities, other noncurrent liabilities, or a combination of other current and noncurrent liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) of consideration paid in advance for income and other taxes that provide economic benefits in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as operating activities. This may include cash restricted for regulatory purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- 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
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|