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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| OPERATING ACTIVITIES | ||
| Net loss | $ (2,648,809)us-gaap_NetIncomeLoss | $ (118,416)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 249,725us-gaap_DepreciationAndAmortization | 217,306us-gaap_DepreciationAndAmortization |
| Amortization of debt discount | 0us-gaap_AmortizationOfDebtDiscountPremium | 589,474us-gaap_AmortizationOfDebtDiscountPremium |
| Stock issued pursuant to employment agreement | 0canv_StockIssuedPursuantToEmploymentAgreement | 2,825canv_StockIssuedPursuantToEmploymentAgreement |
| Stock-based compensation | 1,755,994us-gaap_ShareBasedCompensation | 0us-gaap_ShareBasedCompensation |
| Loss on equity investment | 0us-gaap_IncomeLossFromEquityMethodInvestments | 38,552us-gaap_IncomeLossFromEquityMethodInvestments |
| Interest on notes receivable | (31,562)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet | 0us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet |
| Change in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | (36,897)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (114,513)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Prepaid inventory | (1,809,379)us-gaap_IncreaseDecreaseInPrepaidExpensesOther | (786,116)us-gaap_IncreaseDecreaseInPrepaidExpensesOther |
| Inventory | 885,796us-gaap_IncreaseDecreaseInInventories | 81,332us-gaap_IncreaseDecreaseInInventories |
| Accounts receivable | (934,150)us-gaap_IncreaseDecreaseInAccountsReceivable | (825,227)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Accounts payable and accrued expenses | (13,569)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities | 22,658us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities |
| Net cash used in operating activities | (2,582,851)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (892,125)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| INVESTING ACTIVITIES | ||
| Purchase of equipment | (74,698)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (9,295)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Repayment of principal on notes receivable | 75,117us-gaap_ProceedsFromCollectionOfNotesReceivable | 47,300us-gaap_ProceedsFromCollectionOfNotesReceivable |
| Net cash provided by investing activities | 419us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | 38,005us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| FINANCING ACTIVITIES | ||
| Common stock issued for cash | 2,520,000us-gaap_ProceedsFromIssuanceOfCommonStock | 7,075,000us-gaap_ProceedsFromIssuanceOfCommonStock |
| Payments on Roen Ventures loan | 0us-gaap_ProceedsFromRepaymentsOfNotesPayable | (92,069)us-gaap_ProceedsFromRepaymentsOfNotesPayable |
| Repayment of related party loan | 0us-gaap_RepaymentsOfRelatedPartyDebt | (300)us-gaap_RepaymentsOfRelatedPartyDebt |
| Net cash provided by financing activities | 2,520,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 6,982,631us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net (decrease) increase in cash | (62,432)us-gaap_CashPeriodIncreaseDecrease | 6,128,511us-gaap_CashPeriodIncreaseDecrease |
| Cash, beginning of period | 2,302,418us-gaap_Cash | 2,243,670us-gaap_Cash |
| Cash, end of period | 2,239,986us-gaap_Cash | 8,372,181us-gaap_Cash |
| Supplemental disclosure of non-cash transactions: | ||
| Common stock issued for future underwriting services | (87,600)canv_CommonStockIssuedForFutureUnderwritingServices | 0canv_CommonStockIssuedForFutureUnderwritingServices |
| Conversion of accounts receivable to notes receivable | 0canv_ConversionOfAccountsReceivableToNoteReceivable | 6,000,000canv_ConversionOfAccountsReceivableToNoteReceivable |
| Conversion of line of credit to common stock | 0canv_ConversionOfLineOfCreditToCommonStock | (600,000)canv_ConversionOfLineOfCreditToCommonStock |
| Common stock to be issued | 0canv_CommonStockToBeIssuedNonCash | (175,000)canv_CommonStockToBeIssuedNonCash |
| Supplemental cash flow disclosures: | ||
| Interest paid | 0us-gaap_InterestPaidNet | 187,453us-gaap_InterestPaidNet |
| Taxes paid | $ 16,091us-gaap_IncomeTaxesPaidNet | $ 0us-gaap_IncomeTaxesPaidNet |
| X | ||||||||||
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- Definition
Common stock issued for future underwriting services No definition available.
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- Definition
Common stock to be issued No definition available.
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| X | ||||||||||
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- Definition
Conversion of accounts receivable to note receivable No definition available.
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| X | ||||||||||
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- Definition
Conversion of line of credit to common stock No definition available.
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| X | ||||||||||
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- Definition
Stock issued pursuant to employment agreement No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- 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. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of increase (decrease) in cash. Cash is 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. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- 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
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- Definition
The increase (decrease) during the reporting period in the amount due from borrowers for interest payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other obligations or expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- 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
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- Definition
Amount of increase (decrease) of consideration paid in advance for other costs that provide economic benefits in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- 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
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- 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
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| X | ||||||||||
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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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| X | ||||||||||
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- 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
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- 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
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from long-term debt supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- 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
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- Details
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