10-Q/A Filing

ENVERIC BIOSCIENCES, INC. CIK: 890821 Q1 2017

Filing Information

Form Type	10-Q/A
Accession Number	`0001140361-17-020580`
Period End Date	20170331
Filing Date	20170515
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	amhi-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 49 Cash Flow Statement 42

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$505.17K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.88M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$8.06M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.59M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	363,611.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	363,611.00	shares	Point-in-time
Investments	`ShortTermInvestments`	$82.91K	USD	Point-in-time
Investments	`ShortTermInvestments`	$82.91K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	363,611.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$542.24K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	363,611.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$866.50K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.06M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$100.24K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	13.89M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.58M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$113.50K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$11.85M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.58M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.89M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.76M	USD	Point-in-time
Acquired goodwill	`Goodwill`	$21.88M	USD	Point-in-time
Acquired goodwill	`Goodwill`	$17.09M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.49M	USD	Point-in-time
Deferred income tax assets, net	`DeferredIncomeTaxAssetsNet`	$3.49M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$29.44M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$37.33M	USD	Point-in-time
Total assets	`Assets`	$39.51M	USD	Point-in-time
Total assets	`Assets`	$49.68M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$3.96M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$3.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.47M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$3.15M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$2.17M	USD	Point-in-time
Bank Term Loan	`LongTermDebtCurrent`	$400.00K	USD	Point-in-time
Bank Term Loan	`LongTermDebtCurrent`	$405.38K	USD	Point-in-time
Consideration payable - Cash	`BusinessCombinationCashConsiderationPayable`	$4.20M	USD	Point-in-time
Consideration payable - Cash	`BusinessCombinationCashConsiderationPayable`	$1.85M	USD	Point-in-time
Consideration payable - Equity	`BusinessCombinationConsiderationPayableEquityCurrent`	$596.76K	USD	Point-in-time
Consideration payable - Equity	`BusinessCombinationConsiderationPayableEquityCurrent`	$64.38K	USD	Point-in-time
Dividend Payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividend Payable	`DividendsPayableCurrent`	$499.96K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.71M	USD	Point-in-time
Convertible notes	`ConvertibleLongTermNotesPayable`	$1.25M	USD	Point-in-time
Convertible notes	`ConvertibleLongTermNotesPayable`	-	USD	Point-in-time
Bank Term Loan - Net of Current Portion	`LongTermDebtNoncurrent`	$1.02M	USD	Point-in-time
Bank Term Loan - Net of Current Portion	`LongTermDebtNoncurrent`	$1.54M	USD	Point-in-time
Consideration payable - Cash	`BusinessCombinationConsiderationPayableCashNoncurrent`	$2.71M	USD	Point-in-time
Consideration payable - Cash	`BusinessCombinationConsiderationPayableCashNoncurrent`	$3.38M	USD	Point-in-time
Consideration payable - Equity	`BusinessCombinationConsiderationPayableEquityNoncurrent`	$10.89M	USD	Point-in-time
Consideration payable - Equity	`BusinessCombinationConsiderationPayableEquityNoncurrent`	$11.99M	USD	Point-in-time
Total Long-term Liabilities	`LiabilitiesNoncurrent`	$17.64M	USD	Point-in-time
Total Long-term Liabilities	`LiabilitiesNoncurrent`	$15.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$27.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$34.91M	USD	Point-in-time
Preferred stock, $0.01 par value; 1,000,000 authorized, 363,611 issued and outstanding as of March 31, 2017, and as of December 31, 2016	`PreferredStockValue`	$3.64K	USD	Point-in-time
Preferred stock, $0.01 par value; 1,000,000 authorized, 363,611 issued and outstanding as of March 31, 2017, and as of December 31, 2016	`PreferredStockValue`	$3.64K	USD	Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized, 14,579,417 and 13,885,972 issued and outstanding as of March 31, 2017 and December 31, 2016 respectively.	`CommonStockValue`	$138.86K	USD	Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized, 14,579,417 and 13,885,972 issued and outstanding as of March 31, 2017 and December 31, 2016 respectively.	`CommonStockValue`	$145.79K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$19.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$15.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.83M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$740.00	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.43K	USD	Point-in-time
Non-Controlling Interest	`MinorityInterest`	$-3.52K	USD	Point-in-time
Non-Controlling Interest	`MinorityInterest`	$3.38K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$11.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$14.77M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$39.51M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$49.68M	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueServicesNet`	$7.01M	USD	1 Quarter
Net revenue	`SalesRevenueServicesNet`	$12.34M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$9.04M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$5.76M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.26M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$31.35K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$332.31K	USD	1 Quarter
General and administration	`GeneralAndAdministrativeExpense`	$1.72M	USD	1 Quarter
General and administration	`GeneralAndAdministrativeExpense`	$2.70M	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$375.40K	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$209.34K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$111.63K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$689.10K	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.24M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.93M	USD	1 Quarter
Operating income (loss):	`OperatingIncomeLoss`	$-630.55K	USD	1 Quarter
Operating income (loss):	`OperatingIncomeLoss`	$-981.32K	USD	1 Quarter
Interest expense	`InterestExpense`	$90.81K	USD	1 Quarter
Interest expense	`InterestExpense`	$113.75K	USD	1 Quarter
Interest income/other income	`InvestmentIncomeNonoperating`	-	USD	1 Quarter
Interest income/other income	`InvestmentIncomeNonoperating`	$2.00K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$4.15K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$2.30K	USD	1 Quarter
Total other income (expenses)	`NonoperatingIncomeExpense`	$-114.05K	USD	1 Quarter
Total other income (expenses)	`NonoperatingIncomeExpense`	$-94.95K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-725.50K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.10M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$2.02K	USD	1 Quarter
Net income (loss) after tax	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestAndBeforeDividendOnPreferenceShares`	$-1.10M	USD	1 Quarter
Net income (loss) after tax	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestAndBeforeDividendOnPreferenceShares`	$-725.50K	USD	1 Quarter
Dividend on Preference Shares	`DividendsPreferredStock`	-	USD	1 Quarter
Dividend on Preference Shares	`DividendsPreferredStock`	$499.96K	USD	1 Quarter
Net income (loss) attributable to the Company	`ProfitLoss`	$-1.23M	USD	1 Quarter
Net income (loss) attributable to the Company	`ProfitLoss`	$-1.10M	USD	1 Quarter
Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.52K	USD	1 Quarter
Non-Controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.33K	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-62.89K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.16M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.22M	USD	1 Quarter
Basic income (loss) per share attributable to the Company (in dollars per share)	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic income (loss) per share attributable to the Company (in dollars per share)	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Diluted income (loss) per share attributable to the Company (in dollars per share)	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Diluted income (loss) per share attributable to the Company (in dollars per share)	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Basic weighted average number of shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.09M	shares	1 Quarter
Basic weighted average number of shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.87M	shares	1 Quarter
Diluted weighted average number of shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.87M	shares	1 Quarter
Diluted weighted average number of shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.09M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`NetIncomeLoss`	$-1.16M	USD	1 Quarter
Net income/(loss)	`NetIncomeLoss`	$-1.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$111.63K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$689.10K	USD	1 Quarter
Provision for Preference dividend	`DividendsPreferredStock`	-	USD	1 Quarter
Provision for Preference dividend	`DividendsPreferredStock`	$499.96K	USD	1 Quarter
Stock, option, restricted stock unit and warrant expense	`StockOptionRestrictedStockUnitAndWarrantExpense`	$566.43K	USD	1 Quarter
Stock, option, restricted stock unit and warrant expense	`StockOptionRestrictedStockUnitAndWarrantExpense`	$101.68K	USD	1 Quarter
Foreign exchange translation adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.33K	USD	1 Quarter
Foreign exchange translation adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$62.89K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$57.22K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.53M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$324.27K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-24.98K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$472.66K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.20M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$153.14K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-837.93K	USD	1 Quarter
Acquisition of intangible and fixed assets	`PaymentsForProceedsFromProductiveAssets`	$131.58K	USD	1 Quarter
Acquisition of intangible and fixed assets	`PaymentsForProceedsFromProductiveAssets`	$10.49K	USD	1 Quarter
Acquisition consideration payable	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.72M	USD	1 Quarter
Acquisition consideration payable	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$311.47K	USD	1 Quarter
Investments	`PaymentsForProceedsFromInvestments`	$-82.91K	USD	1 Quarter
Investments	`PaymentsForProceedsFromInvestments`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.77M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-321.96K	USD	1 Quarter
Proceeds from bank and convertible notes	`ProceedsFromConvertibleDebt`	$1.60M	USD	1 Quarter
Proceeds from bank and convertible notes	`ProceedsFromConvertibleDebt`	$241.45K	USD	1 Quarter
Non-Controlling Interests	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	1 Quarter
Non-Controlling Interests	`ProceedsFromPaymentsToMinorityShareholders`	$-6.90K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.59M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$241.45K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.37M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$432.71K	USD	1 Quarter
Cash and cash equivalents as at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$505.17K	USD	Point-in-time
Cash and cash equivalents as at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.88M	USD	Point-in-time
Cash and cash equivalents as at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash and cash equivalents as at beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
Cash at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$505.17K	USD	Point-in-time
Cash at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.88M	USD	Point-in-time
Cash at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.81M	USD	Point-in-time
Cash at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.