10-Q Filing

STREAMEX CORP. CIK: 1530766 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001185185-17-001063`
Period End Date	20170331
Filing Date	20170509
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	bios-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 26 Cash Flow Statement 42 Stockholders Equity 18

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$15.76K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$6.84K	USD	Point-in-time
Cash	`Cash`	$1.24M	USD	Point-in-time
Cash	`Cash`	$1.06M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$161.78K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$134.26K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.19M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.74K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.19K	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
Deposits	`DepositsAssetsNoncurrent`	$27.61K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$27.61K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.59M	shares	Point-in-time
Total assets	`Assets`	$1.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.41M	shares	Point-in-time
Total assets	`Assets`	$1.24M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.41M	shares	Point-in-time
Accounts payable and accrued expenses, including $15,755 and $12,716 to related parties as of December 31, 2016 and 2015, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$373.10K	USD	Point-in-time
Accounts payable and accrued expenses, including $15,755 and $12,716 to related parties as of December 31, 2016 and 2015, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$582.05K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$359.89K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$383.64K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$2.30M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$1.94M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.10M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$334.78K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$297.50K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$288.93K	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`	$3.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.96M	USD	Point-in-time
Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$1.07M	USD	Point-in-time
Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$1.07M	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 200,000 and 50,000,000 shares, 22,588,184 and 16,825,703 issued and outstanding as of December 31, 2016 and 2015, respectively	`CommonStockValue`	$22.59K	USD	Point-in-time
Common stock, $0.001 par value, authorized 200,000 and 50,000,000 shares, 22,588,184 and 16,825,703 issued and outstanding as of December 31, 2016 and 2015, respectively	`CommonStockValue`	$24.41K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$43.90M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$41.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.83M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-3.18M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.24M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.46M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$372.43K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.34M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.94M	USD	1 Quarter
Depreciation	`Depreciation`	$2.91K	USD	1 Quarter
Depreciation	`Depreciation`	$3.07K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.31M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.90M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.31M	USD	1 Quarter
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-268.43K	USD	1 Quarter
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-373.61K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.27M	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`	$-3.27M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$23.75K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$32.24K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.62M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.30M	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`	$-0.14	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.05M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.07M	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`	$-3.27M	USD	1 Quarter
Depreciation	`Depreciation`	$2.91K	USD	1 Quarter
Depreciation	`Depreciation`	$3.07K	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-268.43K	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-373.61K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.12M	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$560.75K	USD	1 Quarter
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$543.93K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-20.02K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$27.51K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.31K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$209.47K	USD	1 Quarter
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$521.00	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`	$-1.61M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.62K	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`	$-1.62K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$352.00K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.80M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$352.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.80M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-815.62K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$188.23K	USD	1 Quarter
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.06M	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`	$1.24M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$953.23K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.24M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$953.23K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.06M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$137.61K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	-	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 derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	-	USD	1 Quarter
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$11.94K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-3.18M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	24.41M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.80M	USD	1 Quarter
Sale of common stock (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	12,858.00	shares	Point-in-time
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$453.75K	USD	1 Quarter
Common stock issued for services (in Shares)	`StockIssuedDuringPeriodSharesIssuedForServices`	325,000.00	shares	1 Quarter
Fair value of warrant issued to acquire research and development	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$543.93K	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$107.00K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$23.75K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$32.24K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.58M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.27M	USD	1 Quarter
Balance	`StockholdersEquity`	$-3.18M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	24.41M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time

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