10-Q Filing

BNB PLUS CORP. CIK: 744452 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001188112-13-001585`
Period End Date	20130331
Filing Date	20130515
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	apdn-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 50 Cash Flow Statement 51

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$251.96K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$294.78K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$856.57K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$296.99K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$407.80K	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$80.04K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$25.27K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	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
Total current assets	`AssetsCurrent`	$4.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.35B	shares	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $294,783 and $251,958 respectively	`PropertyPlantAndEquipmentNet`	$210.84K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.35B	shares	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $294,783 and $251,958 respectively	`PropertyPlantAndEquipmentNet`	$198.08K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	684.48M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	646.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	684.48M	shares	Point-in-time
Deposits	`DepositAssets`	$36.28K	USD	Point-in-time
Deposits	`DepositAssets`	$36.28K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	646.18M	shares	Point-in-time
Total Assets	`Assets`	$5.07M	USD	Point-in-time
Total Assets	`Assets`	$1.35M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$592.01K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$809.72K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$592.01K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$809.72K	USD	Point-in-time
Warrant liability	`WarrantLiability`	$8.03M	USD	Point-in-time
Preferred stock, value	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 684,484,654 and 646,182,550 shares issued and outstanding as of March 31, 2013 and September 30, 2012, respectively	`CommonStockValueOutstanding`	$646.18K	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 684,484,654 and 646,182,550 shares issued and outstanding as of March 31, 2013 and September 30, 2012, respectively	`CommonStockValueOutstanding`	$684.49K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$176.38M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$169.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-180.84M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-169.01M	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$-3.77M	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$756.92K	USD	Point-in-time
Total Liabilities and Stockholders' (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$5.07M	USD	Point-in-time
Total Liabilities and Stockholders' (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$518.40K	USD	1 Quarter
Revenues	`SalesRevenueNet`	$1.04M	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$344.61K	USD	1 Quarter
Revenues	`SalesRevenueNet`	$662.27K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.82M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.28M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.98M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$176.49K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$324.15K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$174.57K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$96.10K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.83K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$98.71K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$42.83K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$197.08K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.35M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.02M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.64M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-4.98M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.50M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.31M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.61M	USD	1 Quarter
Interest, net	`InterestExpense`	$-405.00	USD	2 Qtrs
Interest, net	`InterestExpense`	$-405.00	USD	1 Quarter
Interest, net	`InterestExpense`	$42.83K	USD	1 Quarter
Interest, net	`InterestExpense`	$640.37K	USD	2 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.85M	USD	2 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$519.92K	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.95M	USD	2 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.13M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.83M	USD	2 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.54M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-11.83M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-3.95M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	2 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	536.70M	shares	2 Qtrs
Weighted average shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	680.40M	shares	1 Quarter
Weighted average shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	583.62M	shares	1 Quarter
Weighted average shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	664.99M	shares	2 Qtrs

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-11.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.95M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.83K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$197.08K	USD	2 Qtrs
Fair value of vested options issued to officers, directors and employees	`AllocatedShareBasedCompensationExpense`	$455.16K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`AllocatedShareBasedCompensationExpense`	$873.02K	USD	2 Qtrs
Fair value of vested options issued to officers, directors and employees	`AllocatedShareBasedCompensationExpense`	$785.72K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`AllocatedShareBasedCompensationExpense`	$1.17M	USD	2 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.85M	USD	2 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$519.92K	USD	1 Quarter
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
Equity based compensation	`ShareBasedCompensation`	$58.24K	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	$56.88K	USD	1 Quarter
Equity based compensation	`ShareBasedCompensation`	$13.24K	USD	2 Qtrs
Equity based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Common stock issued in settlement of interest	`CommonStockIssuedInSettlementOfInterest`	$507.94K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$110.80K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$115.06K	USD	2 Qtrs
Decrease in prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-39.95K	USD	2 Qtrs
Decrease in prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-54.76K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$217.71K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-379.83K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.84M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.89M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.06K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.13K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-30.06K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-47.13K	USD	2 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	2 Qtrs
Proceeds from sale of Series A preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$5.50M	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$150.00K	USD	2 Qtrs
Purchase and cancelation of previously issued warrants	`PurchaseAndCancellationOfPreviouslyIssuedWarrants`	$50.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.60M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.68M	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`	$4.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	USD	Point-in-time
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 end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	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 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
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.