10-Q Filing

STREAMEX CORP. CIK: 1530766 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001185185-15-001083`
Period End Date	20150331
Filing Date	20150501
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	bios-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 28 Cash Flow Statement 42 Stockholders Equity 15

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$40.29K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$14.61K	USD	Point-in-time
Cash	`Cash`	$239.78K	USD	Point-in-time
Cash	`Cash`	$2.06M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$159.77K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$75.54K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$315.32K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.02K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.84K	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`	1.00M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	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
Total assets	`Assets`	$2.26M	USD	Point-in-time
Total assets	`Assets`	$353.34K	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.18M	shares	Point-in-time
Accounts payable and accrued expenses, including $14,605 and $40,293 to related parties as of March 31, 2015 and December 31, 2014 respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$554.03K	USD	Point-in-time
Accounts payable and accrued expenses, including $14,605 and $40,293 to related parties as of March 31, 2015 and December 31, 2014 respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$320.87K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.16M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.16M	shares	Point-in-time
Stock based payable	`DeferredCompensationLiabilityCurrent`	$226.31K	USD	Point-in-time
Stock based payable	`DeferredCompensationLiabilityCurrent`	$646.07K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$456.96K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$445.07K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.10M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$1.24M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.76M	USD	Point-in-time
Series C 9% Convertible Preferred stock, 2,461 and 2,711 shares issued and outstanding, liquidation preference of $2,461,000 and $2,711,000, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.71M	USD	Point-in-time
Series C 9% Convertible Preferred stock, 2,461 and 2,711 shares issued and outstanding, liquidation preference of $2,461,000 and $2,711,000, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.46M	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, 13,159,694 and 11,179,266 issued and outstanding as of March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$11.18K	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 13,159,694 and 11,179,266 issued and outstanding as of March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$13.16K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$18.85M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$19.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.83M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-6.97M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$353.34K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$2.26M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$302.08K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$122.15K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$601.57K	USD	1 Quarter
Depreciation	`Depreciation`	$4.43K	USD	1 Quarter
Depreciation	`Depreciation`	$2.86K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.05M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$728.15K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-728.15K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.05M	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-1.10K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-1.11K	USD	1 Quarter
Financing costs	`DebtIssuanceCosts`	$388.29K	USD	1 Quarter
Financing costs	`DebtIssuanceCosts`	-	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.05M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.12M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.12M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$79.39K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$84.02K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.13M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.20M	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.26	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.26M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.48M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.12M	USD	1 Quarter
Depreciation	`Depreciation`	$4.43K	USD	1 Quarter
Depreciation	`Depreciation`	$2.86K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$388.29K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.63M	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$343.84K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-8.74K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.92K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-233.16K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-119.86K	USD	1 Quarter
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	$419.76K	USD	1 Quarter
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	-	USD	1 Quarter
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	-	USD	1 Quarter
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$1.01K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.22M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-505.76K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.68K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-2.68K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$229.22K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.04M	USD	1 Quarter
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-20.28K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$208.94K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.04M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.82M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-296.82K	USD	1 Quarter
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.37K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$302.19K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.06M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$239.78K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$239.78K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.06M	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`	$5.37K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.10K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	$1.11K	USD	1 Quarter
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-6.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	13.16M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$3.04M	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$928.90K	USD	1 Quarter
Fair value of vested options	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$798.79K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$79.39K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$84.02K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.12M	USD	1 Quarter
Balance	`StockholdersEquity`	$-6.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	13.16M	shares	Point-in-time

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