10-Q Filing

STREAMEX CORP. CIK: 1530766 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001185185-17-002301`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	bios-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 56 Cash Flow Statement 54 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`	$17.89K	USD	Point-in-time
Cash	`Cash`	$1.06M	USD	Point-in-time
Cash	`Cash`	$234.28K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$134.26K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$150.48K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$384.77K	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
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`	$18.87K	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$19.47K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$27.61K	USD	Point-in-time
Total assets	`Assets`	$423.11K	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 issued	`CommonStockSharesIssued`	26.41M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.41M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.59M	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`	$1.30M	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`	$396.94K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$359.89K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$334.78K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$2.24M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$1.94M	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`	$1.24M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$285.03K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$506.35K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.96M	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`	$985.00K	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`	$22.59K	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`	$26.41K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$41.02M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$46.89M	USD	Point-in-time
Common stock subscription	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Common stock subscription	`CommonStockSharesSubscriptions`	$279.94K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-51.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.83M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-4.79M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$423.11K	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.24M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$1.12M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$2.14M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.80M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$560.51K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.26M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$786.95K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$991.85K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.02M	USD	3 Qtrs
Depreciation	`Depreciation`	$2.57K	USD	1 Quarter
Depreciation	`Depreciation`	$2.83K	USD	1 Quarter
Depreciation	`Depreciation`	$7.81K	USD	3 Qtrs
Depreciation	`Depreciation`	$8.90K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$9.41M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.83M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.55M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.91M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.55M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.41M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-7.83M	USD	3 Qtrs
Gain (loss) on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$113.72K	USD	1 Quarter
Gain (loss) on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-320.13K	USD	3 Qtrs
Gain (loss) on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$17.77K	USD	1 Quarter
Gain (loss) on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$-807.09K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$69.00	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.54M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.80M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-10.21M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-8.15M	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-10.21M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.15M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.80M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$68.92K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$22.31K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$85.47K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$24.73K	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.30M	USD	3 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.82M	USD	1 Quarter
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.22M	USD	3 Qtrs
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.56M	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.33	USD	3 Qtrs
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.55	USD	3 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.76M	shares	3 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.58M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.85M	shares	3 Qtrs
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.07M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-10.21M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.15M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.80M	USD	1 Quarter
Depreciation	`Depreciation`	$2.57K	USD	1 Quarter
Depreciation	`Depreciation`	$2.83K	USD	1 Quarter
Depreciation	`Depreciation`	$7.81K	USD	3 Qtrs
Depreciation	`Depreciation`	$8.90K	USD	3 Qtrs
Equipment distribution as officer compensation	`OtherNoncashExpense`	$3.21K	USD	3 Qtrs
Equipment distribution as officer compensation	`OtherNoncashExpense`	-	USD	3 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-807.09K	USD	3 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$113.72K	USD	1 Quarter
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$-320.13K	USD	3 Qtrs
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$17.77K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.14M	USD	3 Qtrs
Equity based compensation	`ShareBasedCompensation`	$5.45M	USD	3 Qtrs
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$543.93K	USD	3 Qtrs
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$16.22K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$103.22K	USD	3 Qtrs
Security deposit	`IncreaseDecreaseInSecurityDeposits`	$-8.14K	USD	3 Qtrs
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$930.11K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$202.53K	USD	3 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$-417.00	USD	3 Qtrs
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$1.61K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.84M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.22M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.79K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.10K	USD	3 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-12.10K	USD	3 Qtrs
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-6.79K	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.12M	USD	3 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.05M	USD	3 Qtrs
Proceeds from common stock subscription	`ProceedsFromIssuanceOrSaleOfEquity`	$279.94K	USD	3 Qtrs
Proceeds from common stock subscription	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.05M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.40M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-802.78K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-821.61K	USD	3 Qtrs
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$953.23K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$150.45K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$234.28K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.06M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$234.28K	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`	$150.45K	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`	-	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
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$97.90K	USD	3 Qtrs
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$20.76K	USD	3 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-4.79M	USD	Point-in-time
Common stock issued upon conversion, per share	`PreferredStockRedemptionPricePerShare`	$1.50	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	26.41M	shares	Point-in-time
Common stock issued settlement of Series C Preferred Stock accrued dividends, per share	`PreferredStockDividendRatePerDollarAmount`	$1.37	USD	3 Qtrs
Balance (in Shares)	`CommonStockSharesOutstanding`	22.59M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$4.12M	USD	3 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$894.75K	USD	3 Qtrs
Common stock issued for services (in Shares)	`StockIssuedDuringPeriodSharesIssuedForServices`	625,000.00	shares	3 Qtrs
Common stock issued upon conversion of Series C Preferred Stock at $1.50 per share	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$85.00K	USD	3 Qtrs
Common stock issued upon conversion of Series C Preferred Stock at $1.50 per share (in Shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	135,000.00	shares	3 Qtrs
Common stock issued settlement of Series C Preferred Stock accrued dividends at $1.37 per share	`StockIssuedDuringPeriodValueOther`	$31.87K	USD	3 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`	$279.94K	USD	3 Qtrs
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$20.76K	USD	3 Qtrs
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$97.90K	USD	3 Qtrs
Fair value of warrant issued to acquire research and development	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$543.93K	USD	3 Qtrs
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$244.73K	USD	3 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$85.47K	USD	3 Qtrs
Preferred Stock dividend	`DividendsPreferredStock`	$24.73K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$22.31K	USD	1 Quarter
Preferred Stock dividend	`DividendsPreferredStock`	$68.92K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-10.21M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.15M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.80M	USD	1 Quarter
Balance	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-4.79M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	26.41M	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.