10-Q Filing

STREAMEX CORP. CIK: 1530766 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001185185-14-001907`
Period End Date	20140630
Filing Date	20140728
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	bios-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 56 Cash Flow Statement 52 Stockholders Equity 20

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$92.31K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$111.21K	USD	Point-in-time
Cash	`Cash`	$302.19K	USD	Point-in-time
Cash	`Cash`	$42.19K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$21.81K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$63.99K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$302.19K	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.30K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.87K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	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
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total assets	`Assets`	$352.05K	USD	Point-in-time
Total assets	`Assets`	$105.29K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.82M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.41M	shares	Point-in-time
Accounts payable and accrued expenses, including $111,208 and $92,308 to related parties as of June 30, 2014 and December 31, 2013, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$552.09K	USD	Point-in-time
Accounts payable and accrued expenses, including $111,208 and $92,308 to related parties as of June 30, 2014 and December 31, 2013, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$819.33K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.41M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.82M	shares	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	$30.78K	USD	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	$500.00	USD	Point-in-time
Liability to placement agent	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Liability to placement agent	`OtherLiabilitiesCurrent`	$52.80K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$414.97K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$330.86K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$883.44K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.02M	USD	Point-in-time
Series C 9% Convertible Preferred stock, liquidation preference of $2,781,000, net of debt discount of $14,754 and $483,893, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.77M	USD	Point-in-time
Series C 9% Convertible Preferred stock, liquidation preference of $2,781,000, net of debt discount of $14,754 and $483,893, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.30M	USD	Point-in-time
Preferred stock, $0.001 par value, authorized 1,000,000 shares, designated 200 shares of Series A, 600 shares of Series B and 4,200 shares of Series C Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, authorized 1,000,000 shares, designated 200 shares of Series A, 600 shares of Series B and 4,200 shares of Series C Preferred Stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 9,821,288 and 8,412,101 issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$8.41K	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 9,821,288 and 8,412,101 issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$9.82K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$9.04M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$12.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-14.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-16.08M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-4.96M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.54M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$105.29K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$352.05K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$484.85K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$178.51K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$99.89K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$222.04K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$484.50K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.09M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.06M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.04M	USD	1 Quarter
Depreciation	`Depreciation`	$7.95K	USD	2 Qtrs
Depreciation	`Depreciation`	$4.26K	USD	1 Quarter
Depreciation	`Depreciation`	$8.57K	USD	2 Qtrs
Depreciation	`Depreciation`	$4.13K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.32M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.55M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$588.53K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-1.32M	USD	2 Qtrs
Loss from operations	`IncomeLossFromContinuingOperations`	$-1.22M	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-588.53K	USD	1 Quarter
Loss from operations	`IncomeLossFromContinuingOperations`	$-4.55M	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-114.00	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-20.54K	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-9.06K	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-7.96K	USD	1 Quarter
Financing costs	`FinancialServicesCosts`	$614.57K	USD	1 Quarter
Financing costs	`FinancialServicesCosts`	$975.07K	USD	2 Qtrs
Financing costs	`FinancialServicesCosts`	$190.73K	USD	1 Quarter
Financing costs	`FinancialServicesCosts`	$579.02K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-787.22K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.90M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.55M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.84M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-787.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.84M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$75.24K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$126.76K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$167.25K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$83.22K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.68M	USD	2 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.91M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.07M	USD	2 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-870.44K	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	2 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.23	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.69	USD	2 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.78M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.63M	shares	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.19M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.18M	shares	2 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-787.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.84M	USD	1 Quarter
Depreciation	`Depreciation`	$7.95K	USD	2 Qtrs
Depreciation	`Depreciation`	$4.26K	USD	1 Quarter
Depreciation	`Depreciation`	$8.57K	USD	2 Qtrs
Depreciation	`Depreciation`	$4.13K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$579.02K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$995.07K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$556.33K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.72M	USD	2 Qtrs
Fair value of warrants issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Fair value of warrants issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$837.24K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$21.81K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-154.24K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-178.74K	USD	2 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	-	USD	2 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$1.01K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.15M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-962.38K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.77K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-9.77K	USD	2 Qtrs
Net proceeds from the sale of Series C preferred stock and warrants	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	2 Qtrs
Net proceeds from the sale of Series C preferred stock and warrants	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$1.48M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$732.67K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Payments of related party notes	`RepaymentsOfRelatedPartyDebt`	$30.00K	USD	2 Qtrs
Payments of related party notes	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-16.54K	USD	2 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-30.28K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.44M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$702.38K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-260.00K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$280.70K	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$24.24K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$42.19K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$304.94K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$302.19K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$304.94K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$302.19K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$42.19K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$24.24K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Convertible bridge notes payable exchanged for preferred shares	`DebtConversionOriginalDebtAmount1`	$600.00K	USD	2 Qtrs
Convertible bridge notes payable exchanged for preferred shares	`DebtConversionOriginalDebtAmount1`	-	USD	2 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance, December 31, 2013	`StockholdersEquity`	$-4.96M	USD	Point-in-time
Balance, December 31, 2013	`StockholdersEquity`	$-3.54M	USD	Point-in-time
Balance, December 31, 2013 (in Shares)	`CommonStockSharesOutstanding`	8.41M	shares	Point-in-time
Balance, December 31, 2013 (in Shares)	`CommonStockSharesOutstanding`	9.82M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$732.67K	USD	2 Qtrs
Donated capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$87.50K	USD	2 Qtrs
Equity warrants issued to placement agent for sale of common stock	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$52.80K	USD	2 Qtrs
Fair value of vested options	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$556.33K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$75.24K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$126.76K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$83.22K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$167.25K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-5.55M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-787.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.84M	USD	1 Quarter
Balance, June 30, 2014	`StockholdersEquity`	$-4.96M	USD	Point-in-time
Balance, June 30, 2014	`StockholdersEquity`	$-3.54M	USD	Point-in-time
Balance, June 30, 2014 (in Shares)	`CommonStockSharesOutstanding`	8.41M	shares	Point-in-time
Balance, June 30, 2014 (in Shares)	`CommonStockSharesOutstanding`	9.82M	shares	Point-in-time

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