10-Q Filing

STREAMEX CORP. CIK: 1530766 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001185185-17-001699`
Period End Date	20170630
Filing Date	20170810
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	bios-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 56 Cash Flow Statement 52 Stockholders Equity 30

Balance Sheet 56 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`	$10.99K	USD	Point-in-time
Cash	`Cash`	$880.66K	USD	Point-in-time
Cash	`Cash`	$1.06M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$175.02K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$134.26K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.06M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$24.19K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$16.53K	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
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	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`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.63M	shares	Point-in-time
Total assets	`Assets`	$1.10M	USD	Point-in-time
Total assets	`Assets`	$1.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.59M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.63M	shares	Point-in-time
Accounts payable and accrued expenses, including $10,990 and $15,755 to related parties as of June 30, 2017 and December 31, 2016, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.24M	USD	Point-in-time
Accounts payable and accrued expenses, including $10,990 and $15,755 to related parties as of June 30, 2017 and December 31, 2016, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$373.10K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$359.89K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$382.51K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$1.94M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$2.36M	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`	$288.93K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$506.35K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$1.24M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$279.38K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.27M	USD	Point-in-time
Series C Preferred Stock, 1,005 and 1,070 shares issued and outstanding; liquidation preference of $1,005,000 and $1,070,000 as of June 30, 2017 and December 31, 2016, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.07M	USD	Point-in-time
Series C Preferred Stock, 1,005 and 1,070 shares issued and outstanding; liquidation preference of $1,005,000 and $1,070,000 as of June 30, 2017 and December 31, 2016, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.00M	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 200,000,000 shares, 25,627,565 and 22,588,184 issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$25.63K	USD	Point-in-time
Common stock, $0.001 par value, authorized 200,000,000 shares, 25,627,565 and 22,588,184 issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$22.59K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$41.02M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$45.74M	USD	Point-in-time
Common stock subscription	`CommonStockSharesSubscriptions`	$239.97K	USD	Point-in-time
Common stock subscription	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.83M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-50.18M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-4.17M	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`	$1.10M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$1.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.58M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.34M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.68M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.38M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.68M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.27M	USD	2 Qtrs
Depreciation	`Depreciation`	$3.00K	USD	1 Quarter
Depreciation	`Depreciation`	$5.24K	USD	2 Qtrs
Depreciation	`Depreciation`	$2.33K	USD	1 Quarter
Depreciation	`Depreciation`	$6.07K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.85M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.54M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.92M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-5.54M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.85M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.02M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.92M	USD	2 Qtrs
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-60.24K	USD	1 Quarter
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-556.43K	USD	1 Quarter
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-433.86K	USD	2 Qtrs
Loss on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-824.86K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$54.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$54.00	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.09M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-3.08M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.35M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-8.68M	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.35M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.68M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.09M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$22.86K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$46.61K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$60.74K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$28.50K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.74M	USD	2 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.40M	USD	2 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.12M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.10M	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.49	USD	2 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	2 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.32	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.10M	shares	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.97M	shares	2 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.88M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.13M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.35M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.68M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.09M	USD	1 Quarter
Depreciation	`Depreciation`	$3.00K	USD	1 Quarter
Depreciation	`Depreciation`	$5.24K	USD	2 Qtrs
Depreciation	`Depreciation`	$2.33K	USD	1 Quarter
Depreciation	`Depreciation`	$6.07K	USD	2 Qtrs
Equipment distribution as officer compensation	`OtherNoncashExpense`	$3.21K	USD	2 Qtrs
Equipment distribution as officer compensation	`OtherNoncashExpense`	-	USD	2 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-60.24K	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-824.86K	USD	2 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-433.86K	USD	2 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-556.43K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.08M	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	$5.14M	USD	2 Qtrs
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$543.93K	USD	2 Qtrs
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$40.76K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$110.23K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$46.96K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$870.19K	USD	2 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$1.11K	USD	2 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$-533.00	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.77M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.45M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.55K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.62K	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-1.62K	USD	2 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-5.55K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.52M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.04M	USD	2 Qtrs
Proceeds from common stock subscription	`ProceedsFromIssuanceOrSaleOfEquity`	$239.97K	USD	2 Qtrs
Proceeds from common stock subscription	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.52M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.28M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-247.89K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-175.24K	USD	2 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.06M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$705.34K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$880.66K	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`	$880.66K	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`	$705.34K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.06M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	-	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
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$15.68K	USD	2 Qtrs
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$97.90K	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-4.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Common stock issued upon conversion, per share	`PreferredStockRedemptionPricePerShare`	$1.50	USD	Point-in-time
Common stock issued settlement of Series C Preferred Stock accrued dividends, per share	`PreferredStockDividendRatePerDollarAmount`	$1.37	USD	2 Qtrs
Balance (in Shares)	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	25.63M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$3.04M	USD	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$894.75K	USD	2 Qtrs
Common stock issued for services (in Shares)	`StockIssuedDuringPeriodSharesIssuedForServices`	625,000.00	shares	2 Qtrs
Common stock issued upon conversion of Series C Preferred Stock at $1.50 per share	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$65.00K	USD	2 Qtrs
Common stock issued upon conversion of Series C Preferred Stock at $1.50 per share (in Shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	90,000.00	shares	2 Qtrs
Common stock issued settlement of Series C Preferred Stock accrued dividends at $1.37 per share	`StockIssuedDuringPeriodValueOther`	$23.99K	USD	2 Qtrs
Common stock received and canceled in connection with short term swing profit reimbursement (in Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	10,744.00	shares	Point-in-time
Common stock subscription received	`StockholdersEquityOther`	$239.97K	USD	2 Qtrs
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$97.90K	USD	2 Qtrs
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$15.68K	USD	2 Qtrs
Fair value of warrant issued to acquire research and development	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$543.93K	USD	2 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$188.11K	USD	2 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$60.74K	USD	2 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$28.50K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$46.61K	USD	2 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$22.86K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.35M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.68M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.08M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.09M	USD	1 Quarter
Balance	`StockholdersEquity`	$-4.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	25.63M	shares	Point-in-time

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