10-Q Filing

STREAMEX CORP. CIK: 1530766 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001185185-16-004387`
Period End Date	20160331
Filing Date	20160504
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	bios-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 30 Cash Flow Statement 42 Stockholders Equity 18

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$11.91K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$12.72K	USD	Point-in-time
Cash	`Cash`	$137.61K	USD	Point-in-time
Cash	`Cash`	$953.23K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$31.31K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.29K	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`	$984.54K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$148.90K	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`	$15.50K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.41K	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`	$27.61K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total assets	`Assets`	$1.03M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.83M	shares	Point-in-time
Total assets	`Assets`	$192.02K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.83M	shares	Point-in-time
Accounts payable and accrued expenses, including $11,912 and $12,716 to related parties as of March 31, 2016 and December 31, 2015, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$223.55K	USD	Point-in-time
Accounts payable and accrued expenses, including $11,912 and $12,716 to related parties as of March 31, 2016 and December 31, 2015, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$228.16K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$367.29K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$340.29K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$1.88M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$1.62M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.10M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$1.24M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$283.86K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$285.16K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.47M	USD	Point-in-time
Series C Preferred Stock, 1,396 and 1,471 shares issued and outstanding; liquidation preference of $1,396,000 and $1,471,000 as of March 31, 2016 and December 31, 2015, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.47M	USD	Point-in-time
Series C Preferred Stock, 1,396 and 1,471 shares issued and outstanding; liquidation preference of $1,396,000 and $1,471,000 as of March 31, 2016 and December 31, 2015, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.40M	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, 17,355,562 and 16,825,703 issued and outstanding as of March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$16.83K	USD	Point-in-time
Common stock, $0.001 par value, authorized 50,000,000 shares, 17,355,562 and 16,825,703 issued and outstanding as of March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$17.36K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.31M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$30.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-32.24M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-34.82M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-3.96M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-2.91M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$192.02K	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.03M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$302.08K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$372.43K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.75M	USD	1 Quarter
Depreciation	`Depreciation`	$2.86K	USD	1 Quarter
Depreciation	`Depreciation`	$2.91K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.05M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.31M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.05M	USD	1 Quarter
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-268.43K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-1.11K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	-	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.11K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-268.43K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.05M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.58M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.05M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$32.24K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$79.39K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.13M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.62M	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.15	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`	17.07M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.26M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.05M	USD	1 Quarter
Depreciation	`Depreciation`	$2.86K	USD	1 Quarter
Depreciation	`Depreciation`	$2.91K	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-268.43K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.12M	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.63M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-8.74K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-20.02K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-233.16K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.31K	USD	1 Quarter
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	-	USD	1 Quarter
Stock based payable	`IncreaseDecreaseInDeferredCompensation`	$419.76K	USD	1 Quarter
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	-	USD	1 Quarter
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$-303.00	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.17M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.22M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.68K	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-2.68K	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$352.00K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.04M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.04M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$352.00K	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`	$-815.62K	USD	1 Quarter
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$239.78K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$953.23K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$137.61K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.06M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$137.61K	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`	$239.78K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$953.23K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$1.11K	USD	1 Quarter
Cash paid during the period for interest	`InterestPaid`	-	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
Reclassify fair value of derivative and warrant liability from equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$5.44M	USD	1 Quarter
Reclassify fair value of derivative and warrant liability from equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$11.94K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-3.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.91M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	16.83M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	17.36M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$352.00K	USD	1 Quarter
Sale of common stock (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	250,000.00	shares	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$184.00K	USD	1 Quarter
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$11.94K	USD	1 Quarter
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$5.44M	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$935.32K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$32.24K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$79.39K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.05M	USD	1 Quarter
Balance	`StockholdersEquity`	$-3.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.91M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	16.83M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	17.36M	shares	Point-in-time

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