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Condensed Consolidated Statement of Cash Flow (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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| Cash flows from operating activities | ||
| Net loss for the period | $ (1,321,799)us-gaap_NetIncomeLoss | $ (595,600)us-gaap_NetIncomeLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Accrued interest and dividends on marketable securities | 7,156aker_AccruedInterestAndDividendsOnMarketableSecurities | |
| Depreciation and amortization | 80,349us-gaap_DepreciationDepletionAndAmortization | 86,825us-gaap_DepreciationDepletionAndAmortization |
| Gain from other non-operating activities | (5,355)aker_GainLossFromOtherNonoperatingActivities | (4,669)aker_GainLossFromOtherNonoperatingActivities |
| Changes in assets and liabilities | ||
| (Increase)/decrease in trade receivables | 20,041us-gaap_IncreaseDecreaseInAccountsReceivable | (20,197)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Increase in trade receivables - related party | (266,379)us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties | |
| Decrease in notes receivables - related party | 43,491us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties | |
| (Increase)/decrease in other receivables | 14,985us-gaap_IncreaseDecreaseInOtherReceivables | (30,697)us-gaap_IncreaseDecreaseInOtherReceivables |
| (Increase)/decrease in inventories | (64,786)us-gaap_IncreaseDecreaseInInventories | 359,996us-gaap_IncreaseDecreaseInInventories |
| (Increase)/decrease in other assets | (20,470)us-gaap_IncreaseDecreaseInOtherOperatingAssets | 118,698us-gaap_IncreaseDecreaseInOtherOperatingAssets |
| Increase/(decrease) in trade and other payables | 87,745us-gaap_IncreaseDecreaseInAccountsPayableTrade | (390,428)us-gaap_IncreaseDecreaseInAccountsPayableTrade |
| Decrease in other payables - related party | (6,586)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties | |
| Decrease in deferred revenue - related party | (83,333)us-gaap_IncreaseDecreaseInDeferredRevenue | (83,333)us-gaap_IncreaseDecreaseInDeferredRevenue |
| Net cash used in operating activities | (1,241,975)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (832,370)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash flows from investing activities | ||
| Purchases of property, plant and equipment | (44,510)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | |
| Purchases of marketable securities | (27,228)us-gaap_PaymentsToAcquireMarketableSecurities | (12,508,984)us-gaap_PaymentsToAcquireMarketableSecurities |
| Investment in Hainan Savy Akers Biosciences, Ltd. joint venture | (64,675)us-gaap_PaymentsToAcquireInterestInJointVenture | |
| Proceeds from demutualization of insurance carrier | 4,669us-gaap_ProceedsFromInsuranceSettlementInvestingActivities | |
| Proceeds from other non-operating activities | 5,355aker_ProceedsFromOtherNonoperatingActivities | |
| Proceeds from sale of marketable securities | 1,253,436us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities | |
| Net cash provided by/(used in) investing activities | 1,122,378us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (12,504,315)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash flows from financing activities | ||
| Payment of short-term note payable - related party | (307,500)us-gaap_RepaymentsOfShortTermDebt | |
| Proceeds from issuance of common shares | 745,024us-gaap_ProceedsFromIssuanceOfCommonStock | |
| Net proceeds from issuance of common stock in initial public offering | 13,101,336us-gaap_ProceedsFromIssuanceInitialPublicOffering | |
| Net cash provided by financing activities | 13,538,860us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | |
| Net increase/(decrease) in cash | (119,598)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 202,175us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash at beginning of period | 455,841us-gaap_CashAndCashEquivalentsAtCarryingValue | 103,634us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash at end of period | 336,243us-gaap_CashAndCashEquivalentsAtCarryingValue | 305,809us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental Schedule of Non-Cash Financing and Investing Activities | ||
| Unrealized gains/(losses) on marketable securities | 26,713us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax | (10,874)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax |
| Issuance of restricted common share grants to directors and officers accrued in 2014 | $ 697,300aker_IssuanceOfRestrictedCommonShareGrantsToDirectorsAndOfficersAccruedValue | |
| X | ||||||||||
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- Definition
Amount of accrued interest and dividends on marketable securities. No definition available.
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- Definition
Gain loss from other non-operating activities. No definition available.
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- Definition
Issuance of restricted common share grants to directors and officers accrued in 2014. No definition available.
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- Definition
Proceeds from other non-operating activities. No definition available.
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- Details
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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. 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
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- 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
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| X | ||||||||||
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- 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
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the obligations due for goods and services provided by the following types of related parties: a parent company and its subsidiaries, subsidiaries of a common parent, an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management, an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Change in recurring obligations of a business that arise from the acquisition of merchandise, materials, supplies and services used in the production and sale of goods and services. 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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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amount due to the reporting entity for good and services provided to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, member of their immediate families, affiliates, or other parties with the ability to exert significant influence. 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, 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
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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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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amount owed to the reporting entity in the form of loans and obligations (generally evidenced by promissory notes) made to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, or member of their immediate families, affiliates, or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets, other noncurrent assets, or a combination of other current and noncurrent assets. 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 other amounts due to the reporting entity, which are not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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- 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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- 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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- Details
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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
Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities. 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 investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Cash outflow for purchase of trading, available-for-sale securities and held-to-maturity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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 from the amounts received by the insured under the terms of an insurance contract settlement. This element pertains only to insurance proceeds related to investments, for example fixed assets. It excludes insurance settlements classified as operating cash flows. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from entity's first offering of stock to the public. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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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
The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow for a borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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