10-Q Filing

STREAMEX CORP. CIK: 1530766 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001185185-23-000516`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	biosig20230331_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 32 Cash Flow Statement 54 Stockholders Equity 26

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$357.00K	USD	Point-in-time
Cash	`Cash`	$1.41M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$17.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.00K	USD	Point-in-time
Inventory, short term	`InventoryNet`	$336.00K	USD	Point-in-time
Inventory, short term	`InventoryNet`	$345.00K	USD	Point-in-time
Net investment in leases, short term	`SalesTypeLeaseLeaseReceivable`	$101.00K	USD	Point-in-time
Net investment in leases, short term	`SalesTypeLeaseLeaseReceivable`	$101.00K	USD	Point-in-time
Prepaid expenses and vendor deposits4	`PrepaidExpenseCurrent`	$325.00K	USD	Point-in-time
Prepaid expenses and vendor deposits4	`PrepaidExpenseCurrent`	$275.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.13M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$630.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$665.00K	USD	Point-in-time
Right-to-use assets, net	`OperatingLeaseRightOfUseAsset`	$634.00K	USD	Point-in-time
Right-to-use assets, net	`OperatingLeaseRightOfUseAsset`	$705.00K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableOtherCurrent`	$120.00K	USD	Point-in-time
Accounts payable and accrued expenses, related parties (in Dollars)	`AccountsPayableOtherCurrent`	-	USD	Point-in-time
Inventory, long term	`InventoryNoncurrent`	$1.14M	USD	Point-in-time
Inventory, long term	`InventoryNoncurrent`	$1.14M	USD	Point-in-time
Preferred Stock, shares issued	`TemporaryEquitySharesIssued`	105.00	shares	Point-in-time
Preferred Stock, shares issued	`TemporaryEquitySharesIssued`	105.00	shares	Point-in-time
Preferred Stock, shares outstanding	`TemporaryEquitySharesOutstanding`	105.00	shares	Point-in-time
Preferred Stock, shares outstanding	`TemporaryEquitySharesOutstanding`	105.00	shares	Point-in-time
Net investment in leases, long term	`SalesTypeAndDirectFinancingLeasesLeaseReceivable`	$94.00K	USD	Point-in-time
Net investment in leases, long term	`SalesTypeAndDirectFinancingLeasesLeaseReceivable`	$120.00K	USD	Point-in-time
Preferred Stock, liquidation preference (in Dollars)	`TemporaryEquityLiquidationPreference`	$105.00K	USD	Point-in-time
Patents, net	`FiniteLivedIntangibleAssetsNet`	$303.00K	USD	Point-in-time
Preferred Stock, liquidation preference (in Dollars)	`TemporaryEquityLiquidationPreference`	$105.00K	USD	Point-in-time
Patents, net	`FiniteLivedIntangibleAssetsNet`	$307.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.00K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$244.00K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$4.11M	USD	Point-in-time
Total assets	`Assets`	$5.20M	USD	Point-in-time
Total assets	`Assets`	$4.11M	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
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
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.61M	shares	Point-in-time
Accounts payable and accrued expenses, including $0 and $120 to related parties as of March 31, 2023 and December 31, 2022, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.85M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	66.86M	shares	Point-in-time
Accounts payable and accrued expenses, including $0 and $120 to related parties as of March 31, 2023 and December 31, 2022, respectively	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.39M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	66.86M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	54.61M	shares	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$8.00K	USD	Point-in-time
Deferred revenue, short term	`DeferredRevenueCurrent`	-	USD	Point-in-time
Deferred revenue, short term	`DeferredRevenueCurrent`	$5.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$91.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$93.00K	USD	Point-in-time
Lease liability, short term	`OperatingLeaseLiabilityCurrent`	$313.00K	USD	Point-in-time
Lease liability, short term	`OperatingLeaseLiabilityCurrent`	$321.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.81M	USD	Point-in-time
Lease liability, long term	`OperatingLeaseLiabilityNoncurrent`	$368.00K	USD	Point-in-time
Lease liability, long term	`OperatingLeaseLiabilityNoncurrent`	$452.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$452.00K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$368.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.18M	USD	Point-in-time
Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$105.00K	USD	Point-in-time
Convertible Preferred Stock	`TemporaryEquityCarryingAmountAttributableToParent`	$105.00K	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, 66,857,687 and 54,610,638 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$67.00K	USD	Point-in-time
Common stock, $0.001 par value, authorized 200,000,000 shares, 66,857,687 and 54,610,638 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$55.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$225.22M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$216.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-223.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-215.97M	USD	Point-in-time
Total stockholders' equity attributable to BioSig Technologies, Inc.	`StockholdersEquity`	$313.00K	USD	Point-in-time
Total stockholders' equity attributable to BioSig Technologies, Inc.	`StockholdersEquity`	$1.98M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-66.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-21.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$292.00K	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.11M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.20M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$5.00K	USD	1 Quarter
Revenue	`Revenues`	$8.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.06M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$84.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.39M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-8.06M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.39M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$4.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	-	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.38M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.06M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-8.06M	USD	1 Quarter
Net loss	`ProfitLoss`	$-7.38M	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-50.00K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-102.00K	USD	1 Quarter
Net loss attributable to BioSig Technologies, Inc.	`NetIncomeLoss`	$-7.33M	USD	1 Quarter
Net loss attributable to BioSig Technologies, Inc.	`NetIncomeLoss`	$-7.96M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$2.00K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$2.00K	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.33M	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.96M	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted1`	$-0.22	USD	1 Quarter
Net loss per common share, basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted1`	$-0.12	USD	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted1`	61.43M	shares	1 Quarter
Weighted average number of common shares outstanding, basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted1`	36.00M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-8.06M	USD	1 Quarter
Net loss	`ProfitLoss`	$-7.38M	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$55.00K	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$84.00K	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseCost`	$71.00K	USD	1 Quarter
Non-cash lease expense	`OperatingLeaseCost`	$85.00K	USD	1 Quarter
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$2.00M	USD	1 Quarter
Equity based compensation	`AllocatedShareBasedCompensationExpense`	$2.15M	USD	1 Quarter
Change in fair value of modified options	`EquityFairValueAdjustment`	$-15.00K	USD	1 Quarter
Change in fair value of modified options	`EquityFairValueAdjustment`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Lease receivables	`IncreaseDecreaseInLeasingReceivables`	$-25.00K	USD	1 Quarter
Lease receivables	`IncreaseDecreaseInLeasingReceivables`	-	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$9.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$145.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-43.00K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$151.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-8.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-5.00K	USD	1 Quarter
Payment of long term deposit	`IncreaseDecreaseInDeposits`	$8.00K	USD	1 Quarter
Payment of long term deposit	`IncreaseDecreaseInDeposits`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$165.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-355.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-75.00K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-86.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.65M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.94M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.00K	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-55.00K	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-45.00K	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.00M	USD	1 Quarter
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.75M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.75M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.05M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.99M	USD	1 Quarter
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$357.00K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.66M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.41M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.66M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.41M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.66M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.66M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$357.00K	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid during the period for interest	`InterestPaidNet`	-	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
Common stock issued in settlement of debt	`DebtConversionOriginalDebtAmount1`	$105.00K	USD	1 Quarter
Common stock issued in settlement of debt	`DebtConversionOriginalDebtAmount1`	-	USD	1 Quarter
Dividend payable on preferred stock charged to additional paid in capital	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$2.00K	USD	1 Quarter
Dividend payable on preferred stock charged to additional paid in capital	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$2.00K	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Sale of common stock, transactional costs	`PaymentsOfStockIssuanceCosts`	$482.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.41M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$292.00K	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	66.86M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	54.61M	shares	Point-in-time
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.06M	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.60M	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.10M	USD	1 Quarter
Common stock issued for services (in Shares)	`StockIssuedDuringPeriodSharesIssuedForServices`	2.37M	shares	Annual
Change in fair value of modified options	`OtherNoncashExpense`	$15.00K	USD	1 Quarter
Common stock issued in settlement of debt	`StockValueIssuedInSettlementOfDebt`	$105.00K	USD	1 Quarter
Sale of common stock and warrants, net transactional costs	`StockholdersEquityOther`	$6.75M	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$399.00K	USD	1 Quarter
Stock based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.05M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$2.00K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$2.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-8.06M	USD	1 Quarter
Net loss	`ProfitLoss`	$-7.38M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.41M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.91M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$292.00K	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	66.86M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	54.61M	shares	Point-in-time

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