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EXCEL - IDEA: XBRL DOCUMENT - PACIFIC WEBWORKS INCFinancial_Report.xls
XML - IDEA: XBRL DOCUMENT - PACIFIC WEBWORKS INCR6.htm
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EX-31 - CHIEF EXECUTIVE OFFICER CERTIFICATION - PACIFIC WEBWORKS INCex311k.htm
EX-31 - CHIEF FINANCIAL OFFICER CERTIFICATION - PACIFIC WEBWORKS INCex312k.htm
EX-32 - SECTION 1350 CERTIFICATION - PACIFIC WEBWORKS INCex32k11.htm
10-K - ANNUAL REPORT ON FORM 10K FOR THE YEAR ENDED DECEMBER 31, 2011 - PACIFIC WEBWORKS INCpweb_201110kv7.htm
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v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Revenues    
Hosting, gateway and maintenance fees $ 1,701,657 $ 8,568,635
Cost of sales 170,567 352,508
Gross profit 1,531,090 8,216,127
Selling expenses 13,936 942,226
Research and development 235,348 386,151
General and administrative 2,930,450 6,345,511
Depreciation and amortization 38,060 37,634
Total operating expenses 3,217,794 7,711,522
Income (loss) from operations (1,686,704) 504,605
Other income (expense)    
Interest income (expense), net (23,179) (64,822)
Gain (loss) on equity investment (21,186)   
Other income (expense), net 39,000 15,404
Total other Income (expense) (5,365) (49,418)
Income (loss) before income taxes (1,692,069) 455,187
Income tax provision/(benefit) (691,900) 395,000
Income tax expense    13,376
Net income (loss) $ (1,000,169) $ 46,811
EARNINGS PER SHARE    
Basic $ (0.02) $ 0.0
Diluted $ (0.02) $ 0.0
Weighted-average common shares outstanding    
Basic 49,713,895 46,819,046
Fully Diluted 49,713,895 46,819,046