10-Q Filing

BNB PLUS CORP. CIK: 744452 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001144204-18-043994`
Period End Date	20180630
Filing Date	20180813
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	apdn-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 54 Cash Flow Statement 49

Balance Sheet 63 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`	$13.13K	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`	$2.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.51M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $13,133 at June 30, 2018 and $10,000 at September 30, 2017	`AccountsReceivableNetCurrent`	$2.59M	USD	Point-in-time
Accounts receivable, net of allowance of $13,133 at June 30, 2018 and $10,000 at September 30, 2017	`AccountsReceivableNetCurrent`	$1.41M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Inventories	`InventoryNet`	$295.28K	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`	$602.80K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$366.95K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.83M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	27.38M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.11M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$535.80K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$523.69K	USD	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`	$62.38K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.04M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$896.56K	USD	Point-in-time
Total Assets	`Assets`	$8.15M	USD	Point-in-time
Total Assets	`Assets`	$6.61M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$818.64K	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`	$2.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.30M	USD	Point-in-time
Long term accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$433.05K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.55M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.30M	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 June 30, 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 June 30, 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`	$247.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-244.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-236.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.06M	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`	$6.61M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.71M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.02M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.61M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.80M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$804.55K	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$252.56K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$232.35K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$956.15K	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.88M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.47M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.53M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.76M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$603.10K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.03M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$625.01K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$161.44K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$486.79K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$425.93K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$123.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.78M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$4.17M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.93M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.63M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-8.18M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.87M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.60M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-9.98M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$2.76K	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$228.00	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-26.56K	USD	3 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-8.76K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-21.35K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-36.74K	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.89M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.61M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.00M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.22M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-8.22M	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-2.61M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.89M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-10.00M	USD	3 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.28	USD	3 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.38	USD	3 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Weighted average shares outstanding-Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.29M	shares	3 Qtrs
Weighted average shares outstanding-Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.05M	shares	3 Qtrs
Weighted average shares outstanding-Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.37M	shares	1 Quarter
Weighted average shares outstanding-Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.11M	shares	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-8.22M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.89M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$486.79K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$425.93K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.56M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$184.81K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$238.74K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$566.38K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$368.17K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$20.55K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.58M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.15M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-31.19K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$78.76K	USD	3 Qtrs
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-86.27K	USD	3 Qtrs
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$236.60K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$284.55K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-418.69K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.15M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.95M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.57M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.41M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$269.52K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$111.31K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-269.52K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-111.31K	USD	3 Qtrs
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$4.23M	USD	3 Qtrs
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$4.60M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.23M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.60M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-444.96K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.08M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.51M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.96M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.51M	USD	Point-in-time
Cash and cash equivalents at end 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 paid during period for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during period for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during period for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid during period for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Property and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredAndIncludedInAccountsPayable`	$23.01K	USD	3 Qtrs
Common stock issued in exchange for subscription receivable	`CommonStockIssuedForCashLessExerciseOfOptionsAndWarrants`	$1.50M	USD	3 Qtrs
Reclassification of deferred offering costs to additional paid in capital	`ReclassificationOfDeferredOfferingCostToAdditionalPaidInCapital`	$13.99K	USD	3 Qtrs

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