Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v2.4.1.9
Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 560,184us-gaap_CashAndCashEquivalentsAtCarryingValue $ 438,502us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 107,913us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 244,416us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivables, net allowance for bad debts of $34,887 and $44,223 1,472,743us-gaap_AccountsReceivableNetCurrent 1,273,797us-gaap_AccountsReceivableNetCurrent
Prepaid expenses 80,440us-gaap_PrepaidExpenseCurrent 34,973us-gaap_PrepaidExpenseCurrent
Inventory 232,789us-gaap_InventoryNet 297,480us-gaap_InventoryNet
Note receivable - related party, current portion 383,298us-gaap_NotesReceivableRelatedPartiesCurrent 18,212us-gaap_NotesReceivableRelatedPartiesCurrent
Deferred tax asset 47,691us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 27,119us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Other current assets 62,584us-gaap_OtherAssetsCurrent 50,510us-gaap_OtherAssetsCurrent
Total current assets 2,947,642us-gaap_AssetsCurrent 2,385,009us-gaap_AssetsCurrent
Intangible assets, net 14,756,648us-gaap_IntangibleAssetsNetExcludingGoodwill 16,811,511us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 1,091,000us-gaap_Goodwill 1,091,000us-gaap_Goodwill
Note receivable - related party, net of current portion   365,086us-gaap_NotesReceivableRelatedPartiesNoncurrent
Deferred tax assets, net of current portion 143,614us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent 436,669us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent
Other assets, net 45,416us-gaap_OtherAssetsNoncurrent 7,245us-gaap_OtherAssetsNoncurrent
Total assets 19,492,083us-gaap_Assets 21,227,355us-gaap_Assets
Current liabilities:    
Accounts payable 518,428us-gaap_AccountsPayableCurrent 241,754us-gaap_AccountsPayableCurrent
Accrued expenses 519,166us-gaap_AccruedLiabilitiesCurrent 322,402us-gaap_AccruedLiabilitiesCurrent
Income taxes payable 22,872us-gaap_AccruedIncomeTaxesCurrent 34,655us-gaap_AccruedIncomeTaxesCurrent
Deferred revenue 647,625us-gaap_DeferredRevenueCurrent 526,922us-gaap_DeferredRevenueCurrent
Jackpot liabilities 111,360glxz_JackpotLiabilities 246,522glxz_JackpotLiabilities
Capital lease obligations, current portion 66,273us-gaap_CapitalLeaseObligationsCurrent  
Long-term debt, current portion 3,480,864us-gaap_LongTermDebtCurrent 2,929,918us-gaap_LongTermDebtCurrent
Total current liabilities 5,366,588us-gaap_LiabilitiesCurrent 4,302,173us-gaap_LiabilitiesCurrent
Deferred rent 56,242us-gaap_DeferredRentCreditCurrent  
Capital lease obligations, net of current portion 137,204us-gaap_CapitalLeaseObligationsNoncurrent  
Long-term debt, net of debt discount, net of current portion 12,056,467us-gaap_LongTermDebtNoncurrent 15,645,939us-gaap_LongTermDebtNoncurrent
Total liabilities 17,616,501us-gaap_Liabilities 19,948,112us-gaap_Liabilities
Commitments and Contingencies (See Note 12)      
Stockholders’ equity    
Preferred stock, 10,000,000 shares, $.001 par value preferred stock authorized; 0 shares issued and outstanding      
Common stock, 65,000,000 shares authorized; 38,990,591 and 38,310,591 shares issued and outstanding at December 31, 2014 and 2013, respectively 38,991us-gaap_CommonStockValue 38,311us-gaap_CommonStockValue
Additional paid-in capital 2,844,488us-gaap_AdditionalPaidInCapitalCommonStock 2,330,676us-gaap_AdditionalPaidInCapitalCommonStock
Stock warrants   190,053us-gaap_WarrantsAndRightsOutstanding
Accumulated deficit (980,300)us-gaap_RetainedEarningsAccumulatedDeficit (1,002,188)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive (loss) (27,597)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (277,609)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 1,875,582us-gaap_StockholdersEquity 1,279,243us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity 19,492,083us-gaap_LiabilitiesAndStockholdersEquity 21,227,355us-gaap_LiabilitiesAndStockholdersEquity
Property Plant and Equipment Excluding Assets Leased to Others    
Current assets:    
Property and equipment, net 382,098us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= glxz_PropertyPlantAndEquipmentExcludingAssetsLeasedToOthersMember
44,952us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= glxz_PropertyPlantAndEquipmentExcludingAssetsLeasedToOthersMember
Products Leased and Held for Lease, Net    
Current assets:    
Property and equipment, net $ 125,665us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= us-gaap_AssetsLeasedToOthersMember
$ 85,883us-gaap_PropertyPlantAndEquipmentNet
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= us-gaap_AssetsLeasedToOthersMember