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SEGMENT INFORMATION (Tables)

v2.4.1.9
SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Summary of financial information
    Year Ended December 31, 2014  
    Hydroponic     Cannabis     Eliminations        
    Produce     Products     and Other     Total  
                                 
Total Revenues   $ 6,627,109     $ -     $ 467,161     $ 7,094,270  
Cost of Goods Sold     6,667,967       -       273,311       6,941,278  
      (40,858 )     -       193,850       152,992  
Selling, general and administrative expenses     1,506,684       1,115,577       15,705,530       18,327,791  
Loss from operations     (1,547,542 )     (1,115,577 )     (19,506,200 )     (18,174,799 )
                                 
Other Income (Expenses)                                
Loss from derivatives issued with debt greater than debt carrying value     -       -       (4,808,000 )     (4,808,000 )
Gain (Loss) on fair market valuation of derivatives     -       -       1,912,037       1,912,037  
Interest Income (Expense)     2,232       -       (1,098,557 )     (1,096,325 )
Total Other Income (Expense)     2,232       -       (3,994,520 )     (3,992,288 )
Loss before Provision of Income Taxes   $ (1,545,310 )   $ (1,115,577 )   $ (19,506,200 )   $ (22,167,087 )
                                 
Total assets at December 31, 2014   $ 5,956,861     $ 858,180     $ 904,185     $ 7,719,226  

 

    Year Ended December 31, 2013  
    Hydroponic     Cannabis     Eliminations        
    Produce     Products     and Other     Total  
                                 
Total Revenues   $ 1,936,054     $ -     $ 189,797     $ 2,125,851  
Cost of Goods Sold     1,955,203       -       81,730       2,036,933  
      (19,149 )     -       108,067       88,918  
Selling, general and administrative expenses     201,953       -       3,373,944       3,575,897  
Loss from operations     (221,102 )     -       (3,265,877 )     (3,486,979 )
                                 
Other Income (Expenses)                                
Loss from derivatives issued with debt greater than debt carrying value     -       -       (2,054,000 )     (2,054,000 )
Gain (Loss) on fair market valuation of derivatives     -       -       673,000       673,000  
Interest Income (Expense)     (651 )     -       (1,278,070 )     (1,278,721 )
Total Other Income (Expense)     (651 )     -       (2,659,070 )     (2,659,721 )
Loss before Provision of Income Taxes   $ (221,753 )   $ -     $ (5,924,947 )   $ (6,146,700 )
                                 
Total assets at December 31, 2013   $ 3,250,788     $ -     $ 789,797     $ 4,040,585