Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Cash Flow

v2.4.1.9
Consolidated Statement of Cash Flow (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities    
Net loss for the period $ (3,127,167)us-gaap_NetIncomeLoss $ (1,526,773)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Accrued interest and dividends on marketable securities (18,473)aker_AccruedInterestAndDividendsOnMarketableSecurities   
Decrease in reserve for inventory obsolescence (3,061)aker_DecreaseInReserveForInventoryObsolescence   
Depreciation and amortization 349,398us-gaap_DepreciationDepletionAndAmortization 354,397us-gaap_DepreciationDepletionAndAmortization
Gain from demutualization of insurer (4,669)us-gaap_InsuranceInvestmentIncome (91,286)us-gaap_InsuranceInvestmentIncome
Gain on sale of equity investment    (99,710)us-gaap_GainLossOnSaleOfEquityInvestments
Non-cash share based compensation 549,600us-gaap_ShareBasedCompensation   
Non-cash share based payment for services 196,800us-gaap_StockOptionPlanExpense   
Reversal of old trade payables    (91,905)aker_ReversalOfOldTradePayables
Changes in assets and liabilities    
Increase in trade receivables (1,899,886)us-gaap_IncreaseDecreaseInAccountsReceivable (17,191)us-gaap_IncreaseDecreaseInAccountsReceivable
Increase in trade receivables - related party    (1,199,375)us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties
Increase in notes receivables - related party (266,378)us-gaap_IncreaseDecreaseInNotesReceivableRelatedParties   
(Increase)/decrease in other receivables (37,497)us-gaap_IncreaseDecreaseInOtherReceivables 559us-gaap_IncreaseDecreaseInOtherReceivables
Decrease in license fees receivable - related party    450,000aker_IncreaseDecreaseInLicenseFeesReceivableRelatedParty
(Increase)/decrease in inventories 123,049us-gaap_IncreaseDecreaseInInventories (37,251)us-gaap_IncreaseDecreaseInInventories
(Increase)/decrease in other assets 56,257us-gaap_IncreaseDecreaseInOtherOperatingAssets (95,992)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase in trade and other payables 538,017us-gaap_IncreaseDecreaseInAccountsPayableTrade 116,739us-gaap_IncreaseDecreaseInAccountsPayableTrade
Decrease in other payables - related party (6,586)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties (51,957)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties
Decrease in legal settlement liabilities    (106,924)aker_IncreaseDecreaseInLegalSettlement
Decrease in deferred revenue - related party (333,333)us-gaap_IncreaseDecreaseInDeferredRevenue (333,333)us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash used in operating activities (3,883,929)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (2,730,002)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities    
Purchases of property, plant and equipment (24,988)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (123,132)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchases of marketable securities (12,551,106)us-gaap_PaymentsToAcquireMarketableSecurities   
Proceeds from demutualization of insurance carrier 4,669us-gaap_ProceedsFromInsuranceSettlementInvestingActivities 91,286us-gaap_ProceedsFromInsuranceSettlementInvestingActivities
Proceeds from sale of equity investment    100,000us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Proceeds from sale of marketable securities 3,284,494us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities   
Net cash (used in)/provided by investing activities (9,286,931)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 68,154us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities    
Proceeds from note receivable - related party for Series A Convertible Preferred Stock    225,000us-gaap_ProceedsFromIssuanceOfConvertiblePreferredStock
(Payment)/Proceeds of short-term note payable - related party (307,500)us-gaap_RepaymentsOfShortTermDebt 307,500us-gaap_RepaymentsOfShortTermDebt
Proceeds from other receivable for London Private Placement 745,024us-gaap_ProceedsFromIssuanceOfPrivatePlacement   
Proceeds from issuance of common shares    1,599,960us-gaap_ProceedsFromIssuanceOfCommonStock
Net proceeds from issuance of common stock in initial public offering 13,101,336us-gaap_ProceedsFromIssuanceInitialPublicOffering   
Dividend distribution on Series A Convertible Preferred Stock (15,793)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock   
Net cash provided by financing activities 13,523,067us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 2,132,460us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase/(decrease) in cash 352,207us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (529,388)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash at beginning of period 103,634us-gaap_CashAndCashEquivalentsAtCarryingValue 633,022us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash at end of period 455,841us-gaap_CashAndCashEquivalentsAtCarryingValue 103,634us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Schedule of Non-Cash Financing and Investing Activities    
Unrealized losses on marketable securities (20,124)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax   
Conversion of trade receivable - related party as of December 31, 2013 to a note receivable in the year ended December 31, 2014 (1,209,388)aker_ConversionOfTradeReceivableRelatedPartyNonCash   
Other receivable for proceeds of London Private Placement    $ 745,024aker_OtherReceivableForProceedsOfPrivatePlacement