10-K Filing

BNB PLUS CORP. CIK: 744452 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001144204-17-065635`
Period End Date	20170930
Filing Date	20171228
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	apdn-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 32 Cash Flow Statement 53 Stockholders Equity 19

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00K	USD	Point-in-time
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.97K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $10,000 and $32,965 at September 30, 2017 and 2016, respectively	`AccountsReceivableNetCurrent`	$6.37M	USD	Point-in-time
Accounts receivable, net of allowance of $10,000 and $32,965 at September 30, 2017 and 2016, respectively	`AccountsReceivableNetCurrent`	$2.59M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$326.47K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$297.76K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$200.01K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$366.95K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.24M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.35M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$523.69K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	27.38M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$792.50K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.38M	shares	Point-in-time
Long term accounts receivables	`AccountsReceivableNetNoncurrent`	$1.53M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$61.13K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$61.63K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$13.99K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.53M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.04M	USD	Point-in-time
Total Assets	`Assets`	$15.57M	USD	Point-in-time
Total Assets	`Assets`	$8.15M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.25M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$944.13K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$351.74K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.08M	USD	Point-in-time
Long term accounts payable	`AccountsPayableNoncurrent`	$215.50K	USD	Point-in-time
Long term deferred revenue	`DeferredRevenueNoncurrent`	$900.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.20M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 500,000,000 shares authorized; 27,377,057 and 24,078,756 shares issued and outstanding as of September 30, 2017 and 2016, respectively	`CommonStockValue`	$27.38K	USD	Point-in-time
Common stock, par value $0.001 per share; 500,000,000 shares authorized; 27,377,057 and 24,078,756 shares issued and outstanding as of September 30, 2017 and 2016, respectively	`CommonStockValue`	$24.08K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$234.16M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$243.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-236.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-223.82M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.57M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.15M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$15.57M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Product revenues	`SalesRevenueGoodsNet`	$2.54M	USD	Annual
Product revenues	`SalesRevenueGoodsNet`	$3.73M	USD	Annual
Service revenues	`SalesRevenueServicesNet`	$1.65M	USD	Annual
Service revenues	`SalesRevenueServicesNet`	$1.02M	USD	Annual
Total revenues	`SalesRevenueNet`	$4.75M	USD	Annual
Total revenues	`SalesRevenueNet`	$4.19M	USD	Annual
Cost of revenues	`CostOfRevenue`	$1.08M	USD	Annual
Cost of revenues	`CostOfRevenue`	$1.17M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.32M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.81M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$3.70M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$2.28M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$706.50K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$887.30K	USD	Annual
Total operating expenses	`OperatingExpenses`	$16.49M	USD	Annual
Total operating expenses	`OperatingExpenses`	$15.22M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-12.82M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-12.20M	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNet`	$2.76K	USD	Annual
Interest income (expense), net	`InterestIncomeExpenseNet`	$11.00K	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-38.39K	USD	Annual
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$12.88K	USD	Annual
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.86M	USD	Annual
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.18M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`NetIncomeLoss`	$-12.18M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-12.86M	USD	Annual
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.51	USD	Annual
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.49	USD	Annual
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.69M	shares	Annual
Weighted average shares outstanding - basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.38M	shares	Annual

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-12.18M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.86M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$706.50K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$633.33K	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$253.98K	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$3.26M	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$2.04M	USD	Annual
Loss on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.52K	USD	Annual
Common stock issued for consulting services	`CommonStockIssuedForConsultingServices`	$78.13K	USD	Annual
Security deposit write-off	`SecurityDepositWrite-Off`	$10.00K	USD	Annual
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$116.83K	USD	Annual
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$423.92K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.08M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.60M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$28.71K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-16.21K	USD	Annual
Prepaid expenses, other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$167.45K	USD	Annual
Prepaid expenses, other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$297.76K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-610.50K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-253.33K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.46M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.47M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-9.90M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-7.48M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.50K	USD	Annual
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$112.40K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$672.86K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$145.44K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-145.44K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-779.76K	USD	Annual
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$6.11M	USD	Annual
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$7.85M	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$4.41K	USD	Annual
Deferred offering costs	`PaymentOfDeferredOfferingCosts`	$13.99K	USD	Annual
Purchase and cancellation of previously issued warrants	`PurchaseAndCancellationOfPreviouslyIssuedWarrants`	-	USD	Annual
Purchase and cancellation of previously issued warrants	`PurchaseAndCancellationOfPreviouslyIssuedWarrants`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$6.11M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.84M	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.83M	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.52M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Cash paid during year for interest	`InterestPaid`	-	USD	Annual
Cash paid during year for interest	`InterestPaid`	-	USD	Annual
Cash paid during year for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid during year for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Property and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$10.77K	USD	Annual
Common stock issued for cashless exercise of options	`CommonStockIssuedForCashlessExerciseOfOptionsAndWarrants`	$49.00	USD	Annual
Reclassification of deferred offering costs to additional paid in capital	`ReclassificationOfDeferredOfferingCostToAdditionalPaidInCapital`	$13.99K	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$10.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.86M	USD	Point-in-time
Balance	`StockholdersEquity`	$12.57M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	24.08M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	27.38M	shares	Point-in-time
Common stock issued in private placement, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$1.77M	USD	Annual
Common stock and warrants issued in private placement, net of offering costs	`CommonStockAndWarrantsIssuedInPrivatePlacementNetOfOfferingCosts`	$4.32M	USD	Annual
Common stock issued for consulting services	`StockIssuedDuringPeriodValueIssuedForServices`	$78.13K	USD	Annual
Shares issued in underwritten public offerings, net of offering costs	`SharesIssuedInUnderwrittenPublicOfferings`	$7.85M	USD	Annual
Exercise of warrants for cash	`StockIssuedDuringPeriodValueWarrantsForCashExercised`	$4.41K	USD	Annual
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.04M	USD	Annual
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.18M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.86M	USD	Annual
Balance	`StockholdersEquity`	$10.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.86M	USD	Point-in-time
Balance	`StockholdersEquity`	$12.57M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	24.08M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	27.38M	shares	Point-in-time

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