10-K Filing

STREAMEX CORP. CIK: 1530766 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001185185-19-000363`
Period End Date	20181231
Filing Date	20190315
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	bsgm-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 28 Cash Flow Statement 57 Stockholders Equity 32

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$4.45M	USD	Point-in-time
Cash	`Cash`	$1.55M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$178.44K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$116.94K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$27.38K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableRelatedPartiesCurrent`	$32.37K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.66M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$44.35K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.72K	USD	Point-in-time
Patents, net	`FiniteLivedIntangibleAssetsNet`	$268.80K	USD	Point-in-time
Patents, net	`FiniteLivedIntangibleAssetsNet`	-	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
Trademarks	`IndefiniteLivedTrademarks`	-	USD	Point-in-time
Trademarks	`IndefiniteLivedTrademarks`	$850.00	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
Deposits	`DepositsAssetsNoncurrent`	$54.24K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$17.08K	USD	Point-in-time
Total assets	`Assets`	$1.70M	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
Total assets	`Assets`	$5.00M	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`	11.73M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.33M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.87M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.87M	shares	Point-in-time
Accounts payable and accrued expenses, including $32,366 and $27,375 to related parties as of December 31, 2018 and 2017, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$954.65K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.73M	shares	Point-in-time
Accounts payable and accrued expenses, including $32,366 and $27,375 to related parties as of December 31, 2018 and 2017, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$473.10K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$447.90K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$242.91K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$4.10M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesCurrent`	$2.36M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$1.24M	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$685.92K	USD	Point-in-time
Derivative liability	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.97M	USD	Point-in-time
Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$985.00K	USD	Point-in-time
Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$475.00K	USD	Point-in-time
Commitments and Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, authorized 200,000,000 shares, 16,868,783 and 11,728,482 issued and outstanding as of December 31, 2018 and 2017, respectively	`CommonStockValue`	$11.73K	USD	Point-in-time
Common stock, $0.001 par value, authorized 200,000,000 shares, 16,868,783 and 11,728,482 issued and outstanding as of December 31, 2018 and 2017, respectively	`CommonStockValue`	$16.87K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$74.04M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$53.23M	USD	Point-in-time
Common stock subscription	`CommonStockSharesSubscriptions`	$29.98K	USD	Point-in-time
Common stock subscription	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.73M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-3.25M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$3.32M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$5.00M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.70M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Research and development	`ResearchAndDevelopmentExpense`	$4.37M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$4.76M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$8.14M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$12.88M	USD	Annual
Depreciation	`Depreciation`	$12.40K	USD	Annual
Depreciation	`Depreciation`	$11.70K	USD	Annual
Total operating expenses	`OperatingExpenses`	$17.26M	USD	Annual
Total operating expenses	`OperatingExpenses`	$12.91M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-12.91M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-17.26M	USD	Annual
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	-	USD	Annual
Gain on change in fair value of derivatives	`DerivativeGainLossOnDerivativeNet`	$210.47K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$10.90K	USD	Annual
Interest income	`InterestIncomeExpenseNet`	$75.00	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-12.70M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-17.25M	USD	Annual
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-17.25M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.70M	USD	Annual
Preferred stock dividend	`DividendsPreferredStock`	$884.74K	USD	Annual
Preferred stock dividend	`DividendsPreferredStock`	$119.88K	USD	Annual
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-18.14M	USD	Annual
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-12.82M	USD	Annual
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.25	USD	Annual
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.25	USD	Annual
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.22M	shares	Annual
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.50M	shares	Annual

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-17.25M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.70M	USD	Annual
Depreciation	`Depreciation`	$12.40K	USD	Annual
Depreciation	`Depreciation`	$11.70K	USD	Annual
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$3.21K	USD	Annual
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	-	USD	Annual
Change in derivative liabilities	`DerivativeGainLossOnDerivativeNet`	$210.47K	USD	Annual
Equity based compensation	`ShareBasedCompensation`	$4.75M	USD	Annual
Equity based compensation	`ShareBasedCompensation`	$6.60M	USD	Annual
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Fair value of issued warrant to acquire research and development	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$543.93K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-17.32K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$61.50K	USD	Annual
Payment of long term deposit	`IncreaseDecreaseInDeposits`	$10.53K	USD	Annual
Payment of long term deposit	`IncreaseDecreaseInDeposits`	$-37.15K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$478.75K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$102.34K	USD	Annual
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$2.34K	USD	Annual
Deferred rent payable	`IncreaseDecreaseInDeferredCharges`	$-2.81K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.47M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.26M	USD	Annual
Payments of patent costs	`PaymentsToAcquireIntangibleAssets`	$268.80K	USD	Annual
Payments of patent costs	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Payment of trademark costs	`PaymentsToAcquireOtherProductiveAssets`	$850.00	USD	Annual
Payment of trademark costs	`PaymentsToAcquireOtherProductiveAssets`	-	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.44K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$38.03K	USD	Annual
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-307.68K	USD	Annual
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-9.44K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.01M	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$9.14M	USD	Annual
Proceeds from sale of Series D preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Proceeds from sale of Series D preferred stock	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$1.93M	USD	Annual
Proceeds from sale of Series E preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.49M	USD	Annual
Proceeds from sale of Series E preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$2.22M	USD	Annual
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	$615.60K	USD	Annual
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from common stock subscription	`ProceedsFromOtherEquity`	-	USD	Annual
Proceeds from common stock subscription	`ProceedsFromOtherEquity`	$29.98K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.47M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.97M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.90M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$491.68K	USD	Annual
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.55M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	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`	$1.55M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.45M	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	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	Annual
Cash paid during the period for interest	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid during the period for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$3.04M	USD	Annual
Reclassify derivative liability to equity	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$3.04M	USD	Point-in-time

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Common stock issued	`SharesIssuedPricePerShare`	$3.73	USD	Point-in-time
Common stock issued	`SharesIssuedPricePerShare`	$3.42	USD	Point-in-time
Common stock issued	`SharesIssuedPricePerShare`	$5.33	USD	Point-in-time
Common stock issued	`SharesIssuedPricePerShare`	$4.42	USD	Point-in-time
Balance, January 1	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance, January 1	`StockholdersEquity`	$-3.25M	USD	Point-in-time
Balance, January 1	`StockholdersEquity`	$3.32M	USD	Point-in-time
Balance, January 1 (in Shares)	`CommonStockSharesOutstanding`	11.73M	shares	Point-in-time
Balance, January 1 (in Shares)	`CommonStockSharesOutstanding`	16.87M	shares	Point-in-time
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$6.01M	USD	Annual
Sale of common stock	`StockIssuedDuringPeriodValueNewIssues`	$9.14M	USD	Annual
Sale of common stock (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	1.65M	shares	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$3.39M	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$4.24M	USD	Annual
Common stock issued for services (in Shares)	`StockIssuedDuringPeriodSharesIssuedForServices`	897,050.00	shares	Annual
Common stock received and canceled in connection with short term swing profit reimbursement (in Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	4,298.00	shares	Point-in-time
Common stock received and canceled in connection with short term swing profit reimbursement (in Shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	4,298.00	shares	Point-in-time
Common stock subscription received	`StockholdersEquityOther`	$29.98K	USD	Annual
Fair value reclassification	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$3.04M	USD	Annual
Fair value reclassification	`EmbeddedDerivativeNoLongerBifurcatedAmountReclassifiedToStockholdersEquity`	$3.04M	USD	Point-in-time
Fair value of warrant issued to acquire research and development	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$543.93K	USD	Annual
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.36M	USD	Annual
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.36M	USD	Annual
Preferred Stock dividend	`DividendsPreferredStock`	$884.74K	USD	Annual
Preferred Stock dividend	`DividendsPreferredStock`	$119.88K	USD	Annual
Net loss	`NetIncomeLoss`	$-17.25M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.70M	USD	Annual
Balance, December 31	`StockholdersEquity`	$-2.79M	USD	Point-in-time
Balance, December 31	`StockholdersEquity`	$-3.25M	USD	Point-in-time
Balance, December 31	`StockholdersEquity`	$3.32M	USD	Point-in-time
Balance, December 31 (in Shares)	`CommonStockSharesOutstanding`	11.73M	shares	Point-in-time
Balance, December 31 (in Shares)	`CommonStockSharesOutstanding`	16.87M	shares	Point-in-time

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