10-Q Filing

BNB PLUS CORP. CIK: 744452 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001188112-12-001641`
Period End Date	20120331
Filing Date	20120515
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	apdn-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 48 Cash Flow Statement 46

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on Property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$210.86K	USD	Point-in-time
Accumulated depreciation on Property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$226.05K	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
Accumulated amortization on Patents (in dollars)	`FiniteLivedPatentsIntangibleAssetsAccumulatedAmortizationAndWriteOff`	$34.26K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$856.57K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Accumulated amortization on Patents (in dollars)	`FiniteLivedPatentsIntangibleAssetsAccumulatedAmortizationAndWriteOff`	$34.26K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$122.75K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$17.62K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$208.59K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$323.64K	USD	Point-in-time
Accumulated amortization and write off on Intellectual property (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.16M	USD	Point-in-time
Accumulated amortization and write off on Intellectual property (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$9.34M	USD	Point-in-time
Unamortized discount on Convertible notes payable, current (in dollars)	`UnamortizedDiscountOnConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Unamortized discount on Convertible notes payable, current (in dollars)	`UnamortizedDiscountOnConvertibleNotesPayableCurrent`	$541.12K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.52K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$76.29K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.20M	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`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $226,047 and $210,862 respectively	`PropertyPlantAndEquipmentNet`	$121.06K	USD	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $226,047 and $210,862 respectively	`PropertyPlantAndEquipmentNet`	$89.11K	USD	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
Deposits	`DepositAssets`	$36.28K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Capitalized finance costs-net of accumulated amortization of $1,892,236 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, shares authorized	`CommonStockSharesAuthorized`	1.35B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.35B	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`	591.41M	shares	Point-in-time
Patents, net of accumulated amortization of $34,257 (Note B)	`FiniteLivedPatentsIntangibleAssetsNet`	-	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 $9,339,952 and $9,158,056, respectively (Note B)	`FiniteLivedIntangibleAssetsNet`	$272.84K	USD	Point-in-time
Intellectual property, net of accumulated amortization and write off of $9,339,952 and $9,158,056, respectively (Note B)	`FiniteLivedIntangibleAssetsNet`	$90.95K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	591.41M	shares	Point-in-time
Total Assets	`Assets`	$1.45M	USD	Point-in-time
Total Assets	`Assets`	$3.50M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$388.23K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$768.06K	USD	Point-in-time
Convertible notes payable, net of unamortized discount of $-0- and $541,120, (Note D)	`ConvertibleNotesPayableCurrent`	$250.00K	USD	Point-in-time
Convertible notes payable, net of unamortized discount of $-0- and $541,120, (Note D)	`ConvertibleNotesPayableCurrent`	$3.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$638.23K	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 March 31, 2012 and September 30, 2011	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; -0- issued and outstanding as of March 31, 2012 and September 30, 2011	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 591,413,316 and 473,325,859 issued and outstanding as of March 31, 2012 and September 30, 2011, respectively	`CommonStockValueOutstanding`	$473.33K	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 591,413,316 and 473,325,859 issued and outstanding as of March 31, 2012 and September 30, 2011, respectively	`CommonStockValueOutstanding`	$591.41K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$160.39M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$166.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-165.81M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-161.86M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$813.78K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-995.38K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$1.45M	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$3.50M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$1.04M	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$140.44K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$518.40K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$458.26K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.82M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.95M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.62M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.98M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$92.95K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$174.57K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$113.66K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$96.10K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$197.08K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$98.71K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$184.72K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$91.89K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.35M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.25M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$1.80M	USD	1 Quarter
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.31M	USD	2 Qtrs
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.66M	USD	1 Quarter
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.79M	USD	2 Qtrs
NET LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.50M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.15M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$640.37K	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$42.83K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$934.91K	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.54M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.95M	USD	2 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.60M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.94M	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-3.94M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-3.95M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-2.60M	USD	1 Quarter
Net loss per share-basic and fully diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share-basic and fully diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net loss per share-basic and fully diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
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)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	350.26M	shares	2 Qtrs
Weighted average shares outstanding- Basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	536.70M	shares	2 Qtrs
Weighted average shares outstanding- Basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	583.62M	shares	1 Quarter
Weighted average shares outstanding- Basic and fully diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	351.40M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.94M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.95M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$197.08K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$184.72K	USD	2 Qtrs
Fair value of vested options issued to officers, directors and employees	`VestedOptionsIssuedToOfficersDirectorsAndEmployees`	$1.17M	USD	2 Qtrs
Fair value of vested options issued to officers, directors and employees	`VestedOptionsIssuedToOfficersDirectorsAndEmployees`	$305.77K	USD	2 Qtrs
Amortization of capitalized financing costs	`AmortizationOfFinancingCosts`	$460.36K	USD	2 Qtrs
Amortization of capitalized financing costs	`AmortizationOfFinancingCosts`	$85.97K	USD	2 Qtrs
Amortization of debt discount attributable to convertible debentures	`AmortizationOfDebtDiscountPremium`	$541.12K	USD	2 Qtrs
Amortization of debt discount attributable to convertible debentures	`AmortizationOfDebtDiscountPremium`	$986.39K	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	$58.24K	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	$454.58K	USD	2 Qtrs
Common stock issued in settlement of interest	`CommonStockIssuedInSettlementOfInterest`	$507.94K	USD	2 Qtrs
Common stock issued in settlement of interest	`CommonStockIssuedInSettlementOfInterest`	$32.00K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$115.06K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.21K	USD	2 Qtrs
Decrease in prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-93.84K	USD	2 Qtrs
Decrease in prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-39.95K	USD	2 Qtrs
Decrease in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-379.83K	USD	2 Qtrs
Decrease in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-29.05K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.84M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.49M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.13K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-47.13K	USD	2 Qtrs
Net proceeds from (payments of) related party advances	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-50.00K	USD	2 Qtrs
Net proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$1.65M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.60M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$105.14K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.89M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$856.57K	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`	$122.75K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.62K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$856.57K	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`	$122.75K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.62K	USD	Point-in-time
Cash paid during period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during period for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid during period for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid during period for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Fair value of warrants issued for financing costs	`FairValueOfWarrantsIssuedForFinancingCost`	$217.97K	USD	2 Qtrs
Common stock issued in exchange for previously incurred debt	`DebtConversionConvertedInstrumentAmount1`	$352.00K	USD	2 Qtrs
Common stock issued in exchange for previously incurred debt	`DebtConversionConvertedInstrumentAmount1`	$4.02M	USD	2 Qtrs

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