Rendering

Component: (Network and Table)
Network
000020 - Statement - ABAKAN, INC. CONSOLIDATED BALANCE SHEETS MAY 31ST 2012 and 2011
(http://abakan.com/20120531/role/idr_ABAKANINCCONSOLIDATEDBALANCESHEETSMAY31ST2012And2011)
TableStatement
Slicers (applies to each fact value in each table cell)
StatementPeriod [Axis]
2012-05-31
2011-05-31
Assets
 
 
Assets, Current
 
 
Cash and Cash Equivalents, at Carrying Value
859,566  
 
Accounts Receivable, Net, Current
22,854  
 
Due from Related Parties, Current
4,500  
4,500  
Prepaid Expense, (Note 7) Current
183,134  
16,200  
Prepaid Expenses - related parties
 
1,485  
Assets, Current
1,070,054  
22,185  
Assets, Noncurrent
 
 
Property, Plant and Equipment, Net (Note 4)
3,021,088  
4,630  
Patents and licenses, net (Note 5)
7,776,315  
 
Assignment agreement Mesocoat (Note 6)
250,000  
250,000  
Investment deposit on MesoCoat investment (Note 8)
 
2,050,000  
Investment - MesoCoat (Note 8)
 
858,418  
Investment - Powdermet (Note 8)
2,710,189  
1,721,656  
Goodwill
364,384  
 
Finance fees, net
 
 
Assets
15,192,030  
4,906,889  
Liabilities and Equity
 
 
Liabilities
 
 
Liabilities, Current
 
 
Accounts Payable, Current
425,868  
202,017  
Accounts Payable related parties (Note 13)
80,773  
79,214  
Accrued Liabilities, Current
310,997  
139,689  
Loans Payable, net of discounts of $456,164 Current (Note 10)
2,465,165  
70,600  
Loan payable - related parties
 
 
Accrued interest -loans payable (Note 10)
183,106  
41,532  
Accrued interest -related parties
 
 
Capital Lease Obligations, Current
 
 
Liabilities, Current
3,508,908  
533,052  
Liabilities, Noncurrent
 
 
Loans Payable, net of discounts of $601,940 (Note 10), Noncurrent
1,146,277  
1,400,914  
Capital Lease Obligations, Noncurrent
72,176  
 
Liabilities
4,727,361  
1,933,966  
Commitments and Contingencies (Note 15)
 
 
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
 
 
Preferred Stock, Value, Issued
 
 
Common Stock, Value, Issued
6,147  
5,924  
Additional Paid in Capital, Common Stock
13,321,527  
8,330,530  
Subscription receivable
 
(165,465) 
Contributed Capital
5,050  
5,050  
Accumulated Deficit during the development stage
(6,322,365) 
(5,203,116) 
Stockholders' Equity Attributable to Noncontrolling Interest
3,454,310  
 
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
10,464,669  
2,972,923  
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures
 
 
Liabilities and Equity
15,192,030  
4,906,889