CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
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3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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Revenue | $ 55,501 | $ 111,328 | $ 209,436 | $ 99,552 |
Subsidy Income | 465,586 | 272,000 | ||
Total Revenue | 55,501 | 111,328 | 675,022 | 371,552 |
Operating Expenses | ||||
General and administrative | 624,910 | 518,665 | 1,252,377 | 1,089,194 |
Plantation operating costs | 198,460 | 18,140 | 351,244 | 126,371 |
Total Operating Expenses | 823,370 | 536,805 | 1,603,621 | 1,215,565 |
Loss from Operations | (767,869) | (425,477) | (928,599) | (844,013) |
Other Income (Expenses) | ||||
Other income | 48 | 29 | 57 | 48 |
Interest expense | (215,327) | (124,272) | (408,127) | (264,068) |
Gain on settlement of liabilities | 514,473 | |||
Foreign currency transaction gain | (1,044) | (1,044) | 2,440 | |
Net Other Income (Loss) | (216,323) | (124,243) | 105,359 | (261,580) |
Income (Loss) from Continuing Operations | (984,192) | (549,720) | (823,240) | (1,105,593) |
Income (Loss) from Discontinued Operations | 340 | (9,421) | (1,698) | (32,214) |
Net Income (Loss) | (983,852) | (559,141) | (824,938) | (1,137,807) |
Less Net Loss Attributable to the Noncontrolling Interest | (580,969) | (310,232) | (781,019) | (684,422) |
Net Income Loss attributable to Global Clean Energy Holdings, Inc. | (402,883) | (248,909) | (43,919) | (453,385) |
Amounts attributable to Global Clean Energy Holdings, Inc. common shareholders: | ||||
Income (Loss) from Continuing Operations | (403,223) | (239,488) | (42,221) | (421,171) |
Income (Loss) from Discontinued Operations | 340 | (9,421) | (1,698) | (32,214) |
Net Income (Loss) | $ (402,883) | $ (248,909) | $ (43,919) | $ (453,385) |
Basic Income (Loss) per Common Share: | ||||
Income (Loss) from Continuing Operations | $ (0.0014) | $ (0.0009) | $ (0.0001) | $ (0.0015) |
Income (Loss) from Discontinued Operations | $ 0.0000 | $ 0.0000 | $ 0.0000 | $ (0.0001) |
Net Income (Loss) per Common Share | $ (0.0014) | $ (0.0009) | $ (0.0002) | $ (0.0016) |
Basic Weighted-Average Common Shares Outstanding | 293,304,571 | 272,523,214 | 289,183,691 | 271,499,533 |
Diluted Income (Loss) per Common Share: | ||||
Income (Loss) from Continuing Operations | $ (0.0014) | $ (0.0007) | $ (0.0001) | $ (0.0017) |
Income (Loss) from Discontinued Operations | $ 0.0000 | $ 0.0000 | $ 0.0000 | $ (0.0001) |
Net Income (Loss) per Common Share | $ (0.0014) | $ (0.0007) | $ (0.0001) | $ (0.0018) |
Diluted Weighted-Average Common Shares Outstanding | 293,304,571 | 272,523,214 | 312,701,359 | 271,499,533 |
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Amount represents the gain on settlement of liabilities No definition available.
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Subsidy Income No definition available.
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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
Aggregate realized and unrealized gain on foreign currency transactions included in net income. Includes gain on a foreign currency forward exchange contract. Does not include foreign currency transactions designated as hedges of net investment in a foreign entity or intercompany foreign currency transactions that are of a long-term nature. Gross of tax effect. 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
Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. 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 and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations 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) derived from continuing operations during 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 of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of net income (loss) derived from discontinued operations during the period, net of related tax effect, 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 or loss derived from discontinued operations during 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
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. 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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Amount of Net Income (Loss) attributable to noncontrolling interest. 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. Excludes Selling, General and Administrative Expense. No definition available.
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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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The net result for the period of deducting operating expenses from operating revenues. No definition available.
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Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. 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
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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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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