10-Q Filing

STREAMEX CORP. CIK: 1530766 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001185185-15-001939`
Period End Date	20150630
Filing Date	20150728
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	bios-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 64 Cash Flow Statement 59 Stockholders Equity 21

Balance Sheet 56 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`	$13.90K	USD	Point-in-time
Cash	`Cash`	$239.78K	USD	Point-in-time
Cash	`Cash`	$1.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$149.54K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$75.54K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$315.32K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.65K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.02K	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
Deposits	`DepositsAssetsNoncurrent`	$27.61K	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
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Total assets	`Assets`	$1.39M	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, 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
Common stock, shares issued	`CommonStockSharesIssued`	14.50M	shares	Point-in-time
Accounts payable and accrued expenses, including $13,905 and $40,293 to related parties as of June 30, 2015 and December 31, 2014 respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$266.53K	USD	Point-in-time
Accounts payable and accrued expenses, including $13,905 and $40,293 to related parties as of June 30, 2015 and December 31, 2014 respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$554.03K	USD	Point-in-time
Stock based payable	`DeferredCompensationLiabilityCurrent`	$132.68K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	14.50M	shares	Point-in-time
Stock based payable	`DeferredCompensationLiabilityCurrent`	$226.31K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$338.73K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$445.07K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.06M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$334.78K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.10M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$897.96K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	-	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$1.24M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$506.35K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.69M	USD	Point-in-time
Series C 9% Convertible Preferred stock, 2,058 and 2,711 shares issued and outstanding, liquidation preference of $2,058,000 and $2,711,000, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.71M	USD	Point-in-time
Series C 9% Convertible Preferred stock, 2,058 and 2,711 shares issued and outstanding, liquidation preference of $2,058,000 and $2,711,000, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.06M	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, 14,499,535 and 11,179,266 issued and outstanding as of June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$14.50K	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 14,499,535 and 11,179,266 issued and outstanding as of June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$11.18K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$19.19M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$24.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.78M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-6.36M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.39M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$353.34K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$99.89K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$328.50K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$630.58K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$222.04K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.85M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$484.50K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.09M	USD	2 Qtrs
Depreciation	`Depreciation`	$5.34K	USD	2 Qtrs
Depreciation	`Depreciation`	$8.57K	USD	2 Qtrs
Depreciation	`Depreciation`	$2.48K	USD	1 Quarter
Depreciation	`Depreciation`	$4.13K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.48M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.32M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$588.53K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-4.43M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.48M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.32M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-588.53K	USD	1 Quarter
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$198.56K	USD	2 Qtrs
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$198.56K	USD	1 Quarter
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-9.06K	USD	2 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-7.96K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-184.00	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-1.30K	USD	2 Qtrs
Financing costs	`DebtIssuanceCosts`	$529.70K	USD	2 Qtrs
Financing costs	`DebtIssuanceCosts`	$579.02K	USD	2 Qtrs
Financing costs	`DebtIssuanceCosts`	$529.70K	USD	1 Quarter
Financing costs	`DebtIssuanceCosts`	$190.73K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-332.44K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-331.32K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-588.07K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-198.69K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-4.76M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-787.22K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.81M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.90M	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-787.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.81M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-4.76M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$167.25K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$83.22K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$191.47K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$112.07K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.87M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.07M	USD	2 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.01M	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`	$-0.35	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.62	USD	2 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.85M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.01M	shares	2 Qtrs
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`	8.78M	shares	1 Quarter

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.76M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.81M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-787.22K	USD	1 Quarter
Depreciation	`Depreciation`	$5.34K	USD	2 Qtrs
Depreciation	`Depreciation`	$8.57K	USD	2 Qtrs
Depreciation	`Depreciation`	$2.48K	USD	1 Quarter
Depreciation	`Depreciation`	$4.13K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$585.32K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$579.02K	USD	2 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$198.56K	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$198.56K	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	$5.34M	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	$556.33K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$107.12K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$21.81K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-178.74K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-287.50K	USD	2 Qtrs
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	-	USD	2 Qtrs
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	$-93.62K	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`	$-2.57M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-962.38K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.97K	USD	2 Qtrs
Payment of long term deposit	`PaymentsForDeposits`	$2.61K	USD	2 Qtrs
Payment of long term deposit	`PaymentsForDeposits`	-	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-11.58K	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.04M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$732.67K	USD	2 Qtrs
Proceeds from sale of Series C preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$450.00K	USD	2 Qtrs
Proceeds from sale of Series C preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$450.00K	USD	Point-in-time
Proceeds from sale of Series C preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	2 Qtrs
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	$20.90K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$24.98K	USD	2 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-30.28K	USD	2 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.54M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$702.38K	USD	2 Qtrs
Net increase (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$957.46K	USD	2 Qtrs
Net increase (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-260.00K	USD	2 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`	$42.19K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$239.78K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	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`	$239.78K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.30K	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$9.06K	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

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$-6.36M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	14.50M	shares	Point-in-time
Warrants exercised (in Shares)	`ClassOfWarrantOrRightsExercised`	164,184.00	shares	2 Qtrs
Sale of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$3.04M	USD	2 Qtrs
Common stock issued for exercise of warrants at	`ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1`	$1.50	USD	Point-in-time
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.09M	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$112.07K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$191.47K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$167.25K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$83.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.76M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.81M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-787.22K	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$2.21M	USD	2 Qtrs
Balance	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$-6.36M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	14.50M	shares	Point-in-time

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