10-Q Filing

STREAMEX CORP. CIK: 1530766 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001185185-15-002958`
Period End Date	20150930
Filing Date	20151113
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	bios-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 64 Cash Flow Statement 60 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`	$27.50K	USD	Point-in-time
Cash	`Cash`	$239.78K	USD	Point-in-time
Cash	`Cash`	$334.56K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$75.54K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$201.24K	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
Total current assets	`AssetsCurrent`	$315.32K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$535.80K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.02K	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.04K	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
Deposits	`DepositsAssetsNoncurrent`	$27.61K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$25.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.03M	shares	Point-in-time
Total assets	`Assets`	$577.46K	USD	Point-in-time
Total assets	`Assets`	$353.34K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.03M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Accounts payable and accrued expenses, including $27,499 and $40,293 to related parties as of September 30, 2015 and December 31, 2014 respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$554.03K	USD	Point-in-time
Accounts payable and accrued expenses, including $27,499 and $40,293 to related parties as of September 30, 2015 and December 31, 2014 respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$342.99K	USD	Point-in-time
Stock based payable	`DeferredCompensationLiabilityCurrent`	$226.31K	USD	Point-in-time
Stock based payable	`DeferredCompensationLiabilityCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$337.77K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$445.07K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$1.82M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$334.78K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.10M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	-	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$220.33K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$506.35K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$1.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.72M	USD	Point-in-time
Series C Preferred Stock, 1,858 and 2,711 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively,, liquidation preference of $1,858,000 and $2,711,000 as of September 30, 2015 and December 31, 2014, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.86M	USD	Point-in-time
Series C Preferred Stock, 1,858 and 2,711 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively,, liquidation preference of $1,858,000 and $2,711,000 as of September 30, 2015 and December 31, 2014, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.71M	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, 15,026,368 and 11,179,266 issued and outstanding as of September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$11.18K	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 15,026,368 and 11,179,266 issued and outstanding as of September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$15.03K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$19.19M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$26.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-22.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.22M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-4.00M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$577.46K	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`	$931.36K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$144.23K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$300.78K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$366.27K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.02M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.88M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.80M	USD	1 Quarter
Depreciation	`Depreciation`	$3.89K	USD	1 Quarter
Depreciation	`Depreciation`	$2.61K	USD	1 Quarter
Depreciation	`Depreciation`	$7.95K	USD	3 Qtrs
Depreciation	`Depreciation`	$12.46K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$5.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.96M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.47M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.26M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.94M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.96M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.47M	USD	1 Quarter
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$2.85M	USD	1 Quarter
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$3.05M	USD	3 Qtrs
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	-	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-862.00	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-1.30K	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-9.92K	USD	3 Qtrs
Financing costs	`DebtIssuanceCosts`	-	USD	1 Quarter
Financing costs	`DebtIssuanceCosts`	$593.77K	USD	3 Qtrs
Financing costs	`DebtIssuanceCosts`	$14.75K	USD	1 Quarter
Financing costs	`DebtIssuanceCosts`	$529.70K	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$2.52M	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$2.85M	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-15.62K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-603.69K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$377.67K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.86M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.44M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.96M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-7.44M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$377.67K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.86M	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$230.33K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$244.52K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$53.05K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$63.09K	USD	1 Quarter
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.10M	USD	3 Qtrs
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.02M	USD	1 Quarter
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.68M	USD	3 Qtrs
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$324.62K	USD	1 Quarter
Net income (loss) per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.57	USD	3 Qtrs
Net income (loss) per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income (loss) per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.66	USD	3 Qtrs
Net income (loss) per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.39	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.57M	shares	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`	14.85M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.22M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$377.67K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.86M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.44M	USD	3 Qtrs
Depreciation	`Depreciation`	$3.89K	USD	1 Quarter
Depreciation	`Depreciation`	$2.61K	USD	1 Quarter
Depreciation	`Depreciation`	$7.95K	USD	3 Qtrs
Depreciation	`Depreciation`	$12.46K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$585.32K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$593.77K	USD	3 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$2.85M	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$3.05M	USD	3 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Equity based compensation	`ShareBasedCompensation`	$44.46K	USD	Point-in-time
Equity based compensation	`ShareBasedCompensation`	$6.91M	USD	3 Qtrs
Equity based compensation	`ShareBasedCompensation`	$3.96M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$8.14K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.70K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-213.75K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-222.42K	USD	3 Qtrs
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	$-226.31K	USD	3 Qtrs
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	-	USD	3 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$1.21K	USD	3 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$-2.71K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.43M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.54M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.96K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.97K	USD	3 Qtrs
Payment of long term deposit	`PaymentsForDeposits`	-	USD	3 Qtrs
Payment of long term deposit	`PaymentsForDeposits`	$2.61K	USD	3 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-11.58K	USD	3 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-3.96K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.04M	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.54M	USD	3 Qtrs
Proceeds from sale of Series C Preferred Stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	3 Qtrs
Proceeds from sale of Series C Preferred Stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$450.00K	USD	3 Qtrs
Proceeds from sale of Series C Preferred Stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$450.00K	USD	Point-in-time
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	$20.90K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$24.98K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-30.78K	USD	3 Qtrs
Net repayments of related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.51M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.54M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-33.31K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$94.78K	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`	$268.88K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$334.56K	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`	$302.19K	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`	$334.56K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$239.78K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.30K	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

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-4.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	15.03M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time
Warrants exercised (in Shares)	`ClassOfWarrantOrRightsExercised`	164,184.00	shares	3 Qtrs
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$3.04M	USD	3 Qtrs
Common stock issued for exercise of warrants at	`ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1`	$1.50	USD	Point-in-time
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.08M	USD	3 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$63.09K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$53.05K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$230.33K	USD	3 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$244.52K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$377.67K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.86M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.44M	USD	3 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$2.95M	USD	3 Qtrs
Balance	`StockholdersEquity`	$-4.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$-3.58M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	15.03M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	11.18M	shares	Point-in-time

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