10-Q Filing

BNB PLUS CORP. CIK: 744452 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001144204-18-025076`
Period End Date	20180331
Filing Date	20180503
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	apdn-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 62 Cash Flow Statement 46

Balance Sheet 60 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`	$10.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.71M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Accounts receivable, net of allowance of $10,000 at March 31, 2018 and September 30, 2017	`AccountsReceivableNetCurrent`	$1.53M	USD	Point-in-time
Accounts receivable, net of allowance of $10,000 at March 31, 2018 and September 30, 2017	`AccountsReceivableNetCurrent`	$2.59M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$293.84K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$575.41K	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`	$366.95K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.10M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.11M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$550.91K	USD	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.38M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$61.63K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$62.44K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$930.44K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.04M	USD	Point-in-time
Total Assets	`Assets`	$8.15M	USD	Point-in-time
Total Assets	`Assets`	$7.93M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$944.13K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.02M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$351.74K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.20M	USD	Point-in-time
Total current liabilities	`Liabilities`	$1.30M	USD	Point-in-time
Total current liabilities	`Liabilities`	$2.23M	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; 30,112,057 and 27,377,057 shares issued and outstanding as of March 31, 2018 and September 30, 2017, respectively	`CommonStockValue`	$27.38K	USD	Point-in-time
Common stock, par value $0.001 per share; 500,000,000 shares authorized; 30,112,057 and 27,377,057 shares issued and outstanding as of March 31, 2018 and September 30, 2017, respectively	`CommonStockValue`	$30.11K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$243.50M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$247.68M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-236.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-242.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$6.86M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.15M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.93M	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Product revenues	`SalesRevenueGoodsNet`	$486.34K	USD	1 Quarter
Product revenues	`SalesRevenueGoodsNet`	$689.19K	USD	1 Quarter
Product revenues	`SalesRevenueGoodsNet`	$836.47K	USD	2 Qtrs
Product revenues	`SalesRevenueGoodsNet`	$1.39M	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$855.15K	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$216.19K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$414.78K	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$557.61K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$1.69M	USD	2 Qtrs
Total revenues	`SalesRevenueNet`	$1.04M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$905.37K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$1.81M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$703.59K	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$372.15K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$297.37K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$572.20K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.13M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.23M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.59M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.41M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$635.89K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$669.81K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.15M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$325.35K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$145.28K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$302.93K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$163.37K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.61M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.03M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.30M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.81M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.14M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-5.31M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-7.37M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.42M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$1.20K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$2.54K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-17.80K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-15.38K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-8.43K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-6.30K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.43M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.39M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.33M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.15M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-7.39M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-5.33M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-3.43M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	2 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.29	USD	2 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Weighted average shares outstanding- Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.35M	shares	1 Quarter
Weighted average shares outstanding- Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.88M	shares	2 Qtrs
Weighted average shares outstanding- Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.89M	shares	2 Qtrs
Weighted average shares outstanding- Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.11M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.33M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$325.35K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$302.93K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-53.93K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.00M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$17.12K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$21.25K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.65M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.05M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$55.82K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-32.63K	USD	2 Qtrs
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-16.66K	USD	2 Qtrs
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$209.27K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$62.95K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-414.82K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-848.81K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$852.62K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.70M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.28M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$203.52K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$93.69K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-93.69K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-203.52K	USD	2 Qtrs
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$4.23M	USD	2 Qtrs
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$4.33M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.23M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.33M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$749.62K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-458.86K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.71M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Cash paid during period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during period for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid during period for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Property and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredAndIncludedInAccountsPayable`	$15.00K	USD	2 Qtrs
Property and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredAndIncludedInAccountsPayable`	$60.47K	USD	2 Qtrs

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