10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001017386-16-000478 |
| Period End Date | 20160331 |
| Filing Date | 20160713 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | barzob-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
51 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Cash |
Cash
|
$295.65K | USD | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
298.10M | shares | Point-in-time |
| Cash |
Cash
|
$294.56K | USD | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
340.99M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$167.06K | USD | Point-in-time |
| Inventories |
InventoryNet
|
$154.77K | USD | Point-in-time |
| Common stock,outstanding |
CommonStockSharesOutstanding
|
340.99M | shares | Point-in-time |
| Common stock,outstanding |
CommonStockSharesOutstanding
|
298.10M | shares | Point-in-time |
| Prepaid expenses and deposits |
PrepaidExpenseAndOtherAssetsCurrent
|
$137.69K | USD | Point-in-time |
| Prepaid expenses and deposits |
PrepaidExpenseAndOtherAssetsCurrent
|
$119.06K | USD | Point-in-time |
| Other receivables |
AccountsAndOtherReceivablesNetCurrent
|
$25.03K | USD | Point-in-time |
| Other receivables |
AccountsAndOtherReceivablesNetCurrent
|
$1.33K | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$613.14K | USD | Point-in-time |
| TOTAL CURRENT ASSETS |
AssetsCurrent
|
$582.01K | USD | Point-in-time |
| Furniture and equipment, net |
PropertyPlantAndEquipmentNet
|
$134.01K | USD | Point-in-time |
| Furniture and equipment, net |
PropertyPlantAndEquipmentNet
|
$143.97K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$2.75M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$2.63M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.14M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.14M | USD | Point-in-time |
| TOTAL OTHER ASSETS |
OtherAssets
|
$3.77M | USD | Point-in-time |
| TOTAL OTHER ASSETS |
OtherAssets
|
$3.89M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$4.62M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$4.52M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$5.22M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$5.00M | USD | Point-in-time |
| Derivative liabilities |
DerivativeFairValueOfDerivativeLiability
|
$1.87M | USD | Point-in-time |
| Derivative liabilities |
DerivativeFairValueOfDerivativeLiability
|
$662.94K | USD | Point-in-time |
| Notes payable, net of debt discount |
NotesAndLoansPayableCurrent
|
$2.88M | USD | Point-in-time |
| Notes payable, net of debt discount |
NotesAndLoansPayableCurrent
|
$2.19M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$8.07M | USD | Point-in-time |
| TOTAL CURRENT LIABILITIES |
LiabilitiesCurrent
|
$9.75M | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $.001 par value, 400,000,000 shares authorized; 340,994,687 and 298,097,334 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively |
CommonStockValue
|
$298.10K | USD | Point-in-time |
| Common stock, $.001 par value, 400,000,000 shares authorized; 340,994,687 and 298,097,334 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively |
CommonStockValue
|
$340.99K | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$20.92M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$19.27M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-25.26M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-25.37M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$30.27K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$39.62K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$537.57K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$509.76K | USD | Point-in-time |
| TOTAL STOCKHOLDERS' DEFICIT |
StockholdersEquity
|
$-5.13M | USD | Point-in-time |
| TOTAL STOCKHOLDERS' DEFICIT |
StockholdersEquity
|
$-3.55M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
LiabilitiesAndStockholdersEquity
|
$4.52M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
LiabilitiesAndStockholdersEquity
|
$4.62M | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
SalesRevenueGoodsGross
|
- | USD | 1 Quarter |
| Sales |
SalesRevenueGoodsGross
|
$19.56K | USD | 1 Quarter |
| Cost of Sales |
CostOfGoodsAndServicesSold
|
$93.04K | USD | 1 Quarter |
| Cost of Sales |
CostOfGoodsAndServicesSold
|
- | USD | 1 Quarter |
| Gross Loss |
GrossProfit
|
$-73.48K | USD | 1 Quarter |
| Gross Loss |
GrossProfit
|
- | USD | 1 Quarter |
| Amortization and depreciation |
DepreciationAndAmortization
|
$135.31K | USD | 1 Quarter |
| Amortization and depreciation |
DepreciationAndAmortization
|
$146.67K | USD | 1 Quarter |
| Bank charges and interest |
InterestAndDebtExpense
|
$11.01K | USD | 1 Quarter |
| Bank charges and interest |
InterestAndDebtExpense
|
$28.79K | USD | 1 Quarter |
| Sales and marketing expenses |
SellingAndMarketingExpense
|
$221.23K | USD | 1 Quarter |
| Sales and marketing expenses |
SellingAndMarketingExpense
|
$257.04K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$702.87K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$934.79K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$405.44K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$702.71K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.74M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.80M | USD | 1 Quarter |
| Loss from operations |
IncomeLossFromContinuingOperations
|
$-1.82M | USD | 1 Quarter |
| Loss from operations |
IncomeLossFromContinuingOperations
|
$-1.80M | USD | 1 Quarter |
| Change in fair value of derivative liability |
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
|
$185.38K | USD | 1 Quarter |
| Change in fair value of derivative liability |
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
|
$1.71M | USD | 1 Quarter |
| Interest expense-debt discount |
InterestExpenseDebtExcludingAmortization
|
$154.61K | USD | 1 Quarter |
| Interest expense-debt discount |
InterestExpenseDebtExcludingAmortization
|
$27.92K | USD | 1 Quarter |
| Total other income |
OtherExpenses
|
$-1.68M | USD | 1 Quarter |
| Total other income |
OtherExpenses
|
$-30.78K | USD | 1 Quarter |
| Net loss before non-controlling interest |
OperatingIncomeLoss
|
$-135.14K | USD | 1 Quarter |
| Net loss before non-controlling interest |
OperatingIncomeLoss
|
$-1.77M | USD | 1 Quarter |
| Non-controlling interest share of net loss |
IncomeLossAttributableToNoncontrollingInterest
|
$-51.60K | USD | 1 Quarter |
| Non-controlling interest share of net loss |
IncomeLossAttributableToNoncontrollingInterest
|
$-27.81K | USD | 1 Quarter |
| Net loss after non-controlling interest |
NetIncomeLoss
|
$-107.33K | USD | 1 Quarter |
| Net loss after non-controlling interest |
NetIncomeLoss
|
$-1.72M | USD | 1 Quarter |
| Basic and diluted (loss) per common share |
EarningsPerShareBasicAndDiluted
|
- | USD | 1 Quarter |
| Basic and diluted (loss) per common share |
EarningsPerShareBasicAndDiluted
|
$-0.01 | USD | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
207.40M | shares | 1 Quarter |
| Weighted average number of shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
300.21M | shares | 1 Quarter |
| Foreign currency translation (loss) gain |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
$2.40K | USD | 1 Quarter |
| Foreign currency translation (loss) gain |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
$9.35K | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$9.35K | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$2.40K | USD | 1 Quarter |
| Comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.72M | USD | 1 Quarter |
| Comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-97.98K | USD | 1 Quarter |
Cash Flow Statement
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
OperatingIncomeLoss
|
$-135.14K | USD | 1 Quarter |
| Net loss |
OperatingIncomeLoss
|
$-1.77M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$146.67K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$135.31K | USD | 1 Quarter |
| Stock based compensation |
AllocatedShareBasedCompensationExpense
|
$55.36K | USD | 1 Quarter |
| Stock based compensation |
AllocatedShareBasedCompensationExpense
|
$56.64K | USD | 1 Quarter |
| Change in fair value of derivative liability |
IncreaseDecreaseInDerivativeLiabilities
|
$-185.38K | USD | 1 Quarter |
| Change in fair value of derivative liability |
IncreaseDecreaseInDerivativeLiabilities
|
$-1.71M | USD | 1 Quarter |
| Common shares issued for services |
CommonSharesIssuedForServices
|
$36.50K | USD | 1 Quarter |
| Common shares issued for services |
CommonSharesIssuedForServices
|
$35.45K | USD | 1 Quarter |
| Interest expense- debt discount |
AmortizationOfDebtDiscountPremium
|
$154.61K | USD | 1 Quarter |
| Interest expense- debt discount |
AmortizationOfDebtDiscountPremium
|
$27.92K | USD | 1 Quarter |
| Inventory reserve expense |
InventoryReserveExpense
|
$17.13K | USD | 1 Quarter |
| Change in inventories |
IncreaseDecreaseInInventories
|
$12.29K | USD | 1 Quarter |
| Change in inventories |
IncreaseDecreaseInInventories
|
- | USD | 1 Quarter |
| Change in other receivable |
IncreaseDecreaseInNotesReceivableCurrent
|
- | USD | 1 Quarter |
| Change in other receivable |
IncreaseDecreaseInNotesReceivableCurrent
|
$-23.71K | USD | 1 Quarter |
| Change in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$810.28K | USD | 1 Quarter |
| Change in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$240.93K | USD | 1 Quarter |
| Change in prepaid expenses and deposits |
IncreaseDecreaseInPrepaidExpense
|
$-18.62K | USD | 1 Quarter |
| Change in prepaid expenses and deposits |
IncreaseDecreaseInPrepaidExpense
|
$-4.69K | USD | 1 Quarter |
| Change in unpaid interest and penalties on notes payable |
IncreaseDecreaseInInterestPayableNet
|
$35.02K | USD | 1 Quarter |
| Change in unpaid interest and penalties on notes payable |
IncreaseDecreaseInInterestPayableNet
|
$-11.04K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.37M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-721.86K | USD | 1 Quarter |
| Acquisition of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$599.00 | USD | 1 Quarter |
| Acquisition of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$2.85K | USD | 1 Quarter |
| Purchase of furniture and equipment assets |
PaymentsToAcquireMachineryAndEquipment
|
$2.20K | USD | 1 Quarter |
| Purchase of furniture and equipment assets |
PaymentsToAcquireMachineryAndEquipment
|
$10.16K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.80K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-13.01K | USD | 1 Quarter |
| Proceeds from issuance of convertible notes |
ProceedsFromNotesPayable
|
$575.00K | USD | 1 Quarter |
| Proceeds from issuance of convertible notes |
ProceedsFromNotesPayable
|
- | USD | 1 Quarter |
| Repayment on notes payable |
ProceedsUsedToSettleNotesPayable
|
- | USD | 1 Quarter |
| Repayment on notes payable |
ProceedsUsedToSettleNotesPayable
|
$22.50K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$1.39M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$251.12K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$826.12K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.37M | USD | 1 Quarter |
| Effect of foreign currency exchange |
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
|
$124.00 | USD | 1 Quarter |
| Effect of foreign currency exchange |
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
|
$9.35K | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.09K | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$91.38K | USD | 1 Quarter |
| CASH, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$116.48K | USD | Point-in-time |
| CASH, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$25.10K | USD | Point-in-time |
| CASH, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$294.56K | USD | Point-in-time |
| CASH, BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$295.65K | USD | Point-in-time |
| CASH, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$116.48K | USD | Point-in-time |
| CASH, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$25.10K | USD | Point-in-time |
| CASH, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$294.56K | USD | Point-in-time |
| CASH, END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$295.65K | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$1.75K | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
$14.74K | USD | 1 Quarter |
| Settlement of accounts payable with common stock |
SettlementOfAccountsPayableWithCommonStock
|
$9.00K | USD | 1 Quarter |
| Settlement of accounts payable with common stock |
SettlementOfAccountsPayableWithCommonStock
|
$25.58K | USD | 1 Quarter |
| Settlement of notes payable with common stock |
SettlementOfNotesPayableWithCommonStock
|
$42.20K | USD | 1 Quarter |
| Settlement of notes payable with common stock |
SettlementOfNotesPayableWithCommonStock
|
$697.26K | USD | 1 Quarter |
| Reclassification of warrants and options to derivative liabilities from equity |
ReclassificationOfWarrantsAndOptionsToDerivativeLiabilitiesFromEquity
|
$504.35K | USD | 1 Quarter |
| Reclassification of warrants and options to derivative liabilities from equity |
ReclassificationOfWarrantsAndOptionsToDerivativeLiabilitiesFromEquity
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.