10-Q Filing

STREAMEX CORP. CIK: 1530766 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001185185-14-002746`
Period End Date	20140930
Filing Date	20141017
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	bios-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 56 Cash Flow Statement 54 Stockholders Equity 22

Balance Sheet 50 line items

Line Item	Tag	Value	Unit	Period
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$92.31K	USD	Point-in-time
Cash	`Cash`	$302.19K	USD	Point-in-time
Cash	`Cash`	$268.88K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$100.70K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$369.58K	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`	$24.87K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.37K	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
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total assets	`Assets`	$410.94K	USD	Point-in-time
Total assets	`Assets`	$352.05K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.01M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.41M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.41M	shares	Point-in-time
Accounts payable and accrued expenses, including $-0- and $92,308 to related parties as of September 30, 2014 and December 31, 2013, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$819.33K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.01M	shares	Point-in-time
Accounts payable and accrued expenses, including $-0- and $92,308 to related parties as of September 30, 2014 and December 31, 2013, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$443.19K	USD	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Advances, related party	`DueToRelatedPartiesCurrent`	$30.78K	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`	$393.94K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$837.14K	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 $-0- and $483,893, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.78M	USD	Point-in-time
Series C 9% Convertible Preferred stock, liquidation preference of $2,781,000, net of debt discount of $-0- 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, 11,007,488 and 8,412,101 issued and outstanding as of September 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$11.01K	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 11,007,488 and 8,412,101 issued and outstanding as of September 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$8.41K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$16.88M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$9.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-14.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-20.10M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-4.96M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.21M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$410.94K	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`	$289.96K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$774.81K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$144.23K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$366.27K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.88M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.57M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$509.29K	USD	1 Quarter
Depreciation	`Depreciation`	$3.89K	USD	1 Quarter
Depreciation	`Depreciation`	$12.42K	USD	3 Qtrs
Depreciation	`Depreciation`	$4.47K	USD	1 Quarter
Depreciation	`Depreciation`	$12.46K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.36M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$803.72K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.36M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-803.72K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.94M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.26M	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-9.92K	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-862.00	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-69.00	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-20.60K	USD	3 Qtrs
Financing costs	`DebtIssuanceCosts`	$2.77M	USD	3 Qtrs
Financing costs	`DebtIssuanceCosts`	$14.75K	USD	1 Quarter
Financing costs	`DebtIssuanceCosts`	$593.77K	USD	3 Qtrs
Financing costs	`DebtIssuanceCosts`	$1.79M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-8.14M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.59M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.96M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.86M	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.86M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.14M	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$63.09K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$230.33K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$84.56K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$211.32K	USD	3 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.36M	USD	3 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.68M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.10M	USD	3 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.02M	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.39	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.02	USD	3 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.33	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.66	USD	3 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	9.17M	shares	3 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	3 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.22M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.86M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.14M	USD	3 Qtrs
Depreciation	`Depreciation`	$3.89K	USD	1 Quarter
Depreciation	`Depreciation`	$12.42K	USD	3 Qtrs
Depreciation	`Depreciation`	$4.47K	USD	1 Quarter
Depreciation	`Depreciation`	$12.46K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$1.71M	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$593.77K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$3.01M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$3.96M	USD	3 Qtrs
Fair value of warrants issued in connection with Series C preferred stock modifications	`OtherNoncashExpense`	-	USD	3 Qtrs
Fair value of warrants issued in connection with Series C preferred stock modifications	`OtherNoncashExpense`	$1.07M	USD	3 Qtrs
Fair value of warrants issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$837.24K	USD	3 Qtrs
Fair value of warrants issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.70K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-222.42K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-165.51K	USD	3 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	-	USD	3 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$1.21K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.54M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.67M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.72K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.96K	USD	3 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-11.72K	USD	3 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-3.96K	USD	3 Qtrs
Net proceeds from the sale of Series C preferred stock and warrants	`ProceedsFromIssuanceOfConvertiblePreferredStock`	$1.77M	USD	3 Qtrs
Net proceeds from the sale of Series C preferred stock and warrants	`ProceedsFromIssuanceOfConvertiblePreferredStock`	-	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.54M	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Payments of related party notes	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments of related party notes	`RepaymentsOfRelatedPartyDebt`	$30.00K	USD	3 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-30.78K	USD	3 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-16.54K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.72M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.51M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$41.24K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-33.31K	USD	3 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$302.19K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$24.24K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$65.48K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$268.88K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$65.48K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$268.88K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$24.24K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$302.19K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Convertible bridge notes payable exchanged for preferred shares	`DebtConversionOriginalDebtAmount1`	$600.00K	USD	3 Qtrs
Convertible bridge notes payable exchanged for preferred shares	`DebtConversionOriginalDebtAmount1`	-	USD	3 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-4.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.21M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.01M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	8.41M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.54M	USD	3 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.95M	USD	3 Qtrs
Common stock issued in settlement of related party debt	`StockIssuedDuringPeriodValueOther`	$65.00K	USD	3 Qtrs
Donated capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$87.50K	USD	3 Qtrs
Equity warrants issued to placement agent for sale of common stock	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$52.80K	USD	3 Qtrs
Fair value of vested options	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$2.10M	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$63.09K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$230.33K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$84.56K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$211.32K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.86M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.14M	USD	3 Qtrs
Balance	`StockholdersEquity`	$-4.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.21M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.01M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	8.41M	shares	Point-in-time

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