10-Q Filing

BNB PLUS CORP. CIK: 744452 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001188112-12-000394`
Period End Date	20111231
Filing Date	20120214
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	apdn-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 24 Cash Flow Statement 43

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on Property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$218.29K	USD	Point-in-time
Accumulated depreciation on Property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$210.86K	USD	Point-in-time
Accumulated amortization on Capitalized finance costs (in dollars)	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$1.81M	USD	Point-in-time
Accumulated amortization on Capitalized finance costs (in dollars)	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$1.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$468.33K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.62K	USD	Point-in-time
Accumulated amortization on Patents (in dollars)	`FiniteLivedPatentsIntangibleAssetsAccumulatedAmortizationAndWriteOff`	$34.26K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Accumulated amortization on Patents (in dollars)	`FiniteLivedPatentsIntangibleAssetsAccumulatedAmortizationAndWriteOff`	$34.26K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$232.61K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$208.59K	USD	Point-in-time
Accumulated amortization and write off on Intellectual property (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.25M	USD	Point-in-time
Accumulated amortization and write off on Intellectual property (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.16M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$49.90K	USD	Point-in-time
Unamortized discount on Convertible notes payable, current (in dollars)	`UnamortizedDiscountOnConvertibleNotesPayableCurrent`	$541.12K	USD	Point-in-time
Unamortized discount on Convertible notes payable, current (in dollars)	`UnamortizedDiscountOnConvertibleNotesPayableCurrent`	$33.64K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$76.29K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.22M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.03M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $218,288 and $210,862, respectively	`PropertyPlantAndEquipmentNet`	$81.68K	USD	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $218,288 and $210,862, respectively	`PropertyPlantAndEquipmentNet`	$89.11K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deposits	`DepositAssets`	$23.46K	USD	Point-in-time
Deposits	`DepositAssets`	$35.98K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Capitalized finance costs-net of accumulated amortization of $1,888,345 and $1,806,261, respectively	`DeferredFinanceCostsNoncurrentNet`	$3.89K	USD	Point-in-time
Capitalized finance costs-net of accumulated amortization of $1,888,345 and $1,806,261, respectively	`DeferredFinanceCostsNoncurrentNet`	$85.97K	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`	800.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	473.33M	shares	Point-in-time
Patents, net of accumulated amortization of $34,257 (Note B)	`FiniteLivedPatentsIntangibleAssetsNet`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	513.23M	shares	Point-in-time
Patents, net of accumulated amortization of $34,257 (Note B)	`FiniteLivedPatentsIntangibleAssetsNet`	-	USD	Point-in-time
Intellectual property, net of accumulated amortization and write off of $9,249,004 and $9,158,056, respectively (Note B)	`FiniteLivedIntangibleAssetsNet`	$181.90K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	473.33M	shares	Point-in-time
Intellectual property, net of accumulated amortization and write off of $9,249,004 and $9,158,056, respectively (Note B)	`FiniteLivedIntangibleAssetsNet`	$272.84K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	513.23M	shares	Point-in-time
Total Assets	`Assets`	$2.52M	USD	Point-in-time
Total Assets	`Assets`	$3.50M	USD	Point-in-time
Accounts payable and accrued liabilities (Note C)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$768.06K	USD	Point-in-time
Accounts payable and accrued liabilities (Note C)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$787.18K	USD	Point-in-time
Convertible notes payable, net of unamortized debt discount of $33,642 and $541,120, respectively (Note D)	`ConvertibleNotesPayableCurrent`	$3.73M	USD	Point-in-time
Convertible notes payable, net of unamortized debt discount of $33,642 and $541,120, respectively (Note D)	`ConvertibleNotesPayableCurrent`	$3.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.50M	USD	Point-in-time
Commitments and contingencies (Note H)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note H)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; -0- issued and outstanding as of December 31, 2011 and September 30, 2011	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; -0- issued and outstanding as of December 31, 2011 and September 30, 2011	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 800,000,000 shares authorized; 513,233,108 and 473,325,859 issued and outstanding as of December 31, 2011 and September 30, 2011, respectively	`CommonStockValue`	$473.33K	USD	Point-in-time
Common stock, par value $0.001 per share; 800,000,000 shares authorized; 513,233,108 and 473,325,859 issued and outstanding as of December 31, 2011 and September 30, 2011, respectively	`CommonStockValue`	$513.23K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$160.39M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$162.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-164.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-161.86M	USD	Point-in-time
Total deficiency in stockholders' equity	`StockholdersEquity`	$-995.38K	USD	Point-in-time
Total deficiency in stockholders' equity	`StockholdersEquity`	$-1.35M	USD	Point-in-time
Total Liabilities and Deficiency in Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.50M	USD	Point-in-time
Total Liabilities and Deficiency in Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.52M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$516.90K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$317.82K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.15M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.33M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$78.47K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.71K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$92.82K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$98.37K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.44M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.33M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.81M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.12M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$219.18K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$597.53K	USD	1 Quarter
Net (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.41M	USD	1 Quarter
Net (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.34M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET (LOSS)	`NetIncomeLoss`	$-2.41M	USD	1 Quarter
NET (LOSS)	`NetIncomeLoss`	$-1.34M	USD	1 Quarter
Net (loss) per share-basic and fully diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net (loss) per share-basic and fully diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average shares outstanding-Basic and fully diluted (in shares)	`WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOne`	490.28M	shares	1 Quarter
Weighted average shares outstanding-Basic and fully diluted (in shares)	`WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOne`	349.15M	shares	1 Quarter

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.41M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$98.37K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$92.82K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`VestedOptionsIssuedToOfficersDirectorsAndEmployees`	$148.54K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`VestedOptionsIssuedToOfficersDirectorsAndEmployees`	$785.72K	USD	1 Quarter
Amortization of capitalized financing costs	`AmortizationOfFinancingCosts`	$82.08K	USD	1 Quarter
Amortization of capitalized financing costs	`AmortizationOfFinancingCosts`	$191.82K	USD	1 Quarter
Amortization of debt discount attributable to convertible debentures	`AmortizationOfDebtDiscountPremium`	$507.48K	USD	1 Quarter
Amortization of debt discount attributable to convertible debentures	`AmortizationOfDebtDiscountPremium`	$150.46K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$225.29K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$1.36K	USD	1 Quarter
Common stock issued in settlement of interest	`CommonStockIssuedInSettlementOfInterest`	$27.00K	USD	1 Quarter
Common stock issued in settlement of interest	`CommonStockIssuedInSettlementOfInterest`	$114.41K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$24.02K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-205.00	USD	1 Quarter
Decrease in prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.87K	USD	1 Quarter
Decrease in prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-55.09K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$19.12K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.92K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-469.79K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-811.51K	USD	1 Quarter
Cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Cash flows from investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net proceeds from (payments of) related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-50.00K	USD	1 Quarter
Net proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$970.50K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$920.50K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$450.71K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-811.51K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$468.33K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.62K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$468.33K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.62K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash paid during period for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid during period for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid during period for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid during period for taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Common stock issued in exchange for previously incurred debt	`DebtConversionConvertedInstrumentAmount1`	$297.00K	USD	1 Quarter
Common stock issued in exchange for previously incurred debt	`DebtConversionConvertedInstrumentAmount1`	$1.15M	USD	1 Quarter

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