10-Q Filing

BNB PLUS CORP. CIK: 744452 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001188112-13-002398`
Period End Date	20130630
Filing Date	20130813
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	apdn-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 50 Cash Flow Statement 57

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$70.00K	USD	Point-in-time
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	-	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$337.59K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$251.96K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Accumulated amortization on intellectual property (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$19.47K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26M	USD	Point-in-time
Accumulated amortization on intellectual property (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance of $70,000 and $0, respectively	`AccountsReceivableNetCurrent`	$296.99K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance of $70,000 and $0, respectively	`AccountsReceivableNetCurrent`	$587.65K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$80.04K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$141.56K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.56M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.10M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $337,593 and $251,958 respectively	`PropertyPlantAndEquipmentNet`	$664.11K	USD	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $337,593 and $251,958 respectively	`PropertyPlantAndEquipmentNet`	$210.84K	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
Deposits	`DepositAssets`	$36.28K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.35B	shares	Point-in-time
Deposits	`DepositAssets`	$51.26K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.35B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	733.52M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	646.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	646.18M	shares	Point-in-time
Intellectual property, net of accumulated amortization of $19,470 and $0, respectively	`FiniteLivedIntangibleAssetsNet`	-	USD	Point-in-time
Intellectual property, net of accumulated amortization of $19,470 and $0, respectively	`FiniteLivedIntangibleAssetsNet`	$564.61K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	733.52M	shares	Point-in-time
Total Assets	`Assets`	$3.84M	USD	Point-in-time
Total Assets	`Assets`	$1.35M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.53M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$592.01K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$1.53M	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$592.01K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	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; 733,524,076 and 646,182,550 shares issued and outstanding as of June 30, 2013 and September 30, 2012, respectively	`CommonStockValueOutstanding`	$733.52K	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 733,524,076 and 646,182,550 shares issued and outstanding as of June 30, 2013 and September 30, 2012, respectively	`CommonStockValueOutstanding`	$646.18K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$169.12M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$184.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-182.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-169.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$756.92K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.31M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.84M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.35M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$644.84K	USD	1 Quarter
Revenues	`SalesRevenueNet`	$1.31M	USD	3 Qtrs
Revenues	`SalesRevenueNet`	$528.57K	USD	1 Quarter
Revenues	`SalesRevenueNet`	$1.56M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.73M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.24M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$8.52M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$184.98K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$99.96K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$274.53K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$509.13K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$103.34K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$300.42K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$105.11K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$62.28K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.49M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.13M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$6.30M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-4.74M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-7.82M	USD	3 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.84M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.43M	USD	1 Quarter
Interest, net	`InterestExpense`	$-738.00	USD	3 Qtrs
Interest, net	`InterestExpense`	$-333.00	USD	1 Quarter
Interest, net	`InterestExpense`	$642.79K	USD	3 Qtrs
Interest, net	`InterestExpense`	$2.42K	USD	1 Quarter
Gain (loss) on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$-707.29K	USD	1 Quarter
Gain (loss) on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.15M	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.97M	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.43M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.14M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.38M	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-13.97M	USD	3 Qtrs
NET LOSS	`NetIncomeLoss`	$-2.14M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-1.43M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-5.38M	USD	3 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 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`	$-0.01	USD	3 Qtrs
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	683.71M	shares	3 Qtrs
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	556.04M	shares	3 Qtrs
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	594.93M	shares	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	721.14M	shares	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-13.97M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.14M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.43M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$300.42K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$105.11K	USD	3 Qtrs
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$389.53K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$1.33M	USD	3 Qtrs
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$1.56M	USD	3 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$-707.29K	USD	1 Quarter
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.15M	USD	3 Qtrs
Amortization of capitalized financing costs	`AmortizationOfFinancingCosts`	$85.97K	USD	3 Qtrs
Amortization of debt discount attributable to convertible debentures	`AmortizationOfDebtDiscountPremium`	$541.12K	USD	3 Qtrs
Fair value change from employee option modification	`FairValueOptionChangesInFairValueGainLoss1`	$-408.61K	USD	3 Qtrs
Fair value of vested warrants issued for service	`FairValueOfVestedWarrantsIssuedForService`	$-28.26K	USD	3 Qtrs
Fair value of vested warrants issued for service	`FairValueOfVestedWarrantsIssuedForService`	$-58.24K	USD	3 Qtrs
Common stock issued in settlement of interest	`CommonStockIssuedInSettlementOfInterest`	$507.94K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$70.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$360.66K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$234.18K	USD	3 Qtrs
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$44.25K	USD	3 Qtrs
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$76.51K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-389.15K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$616.07K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$25.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.97M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-5.70M	USD	3 Qtrs
Purchase of assets under RedWeb asset purchase agreement	`PaymentsToAcquireProductiveAssets`	$584.08K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$213.49K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$65.79K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-65.79K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-797.57K	USD	3 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	3 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.54M	USD	3 Qtrs
Proceeds from sale of Series A preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$5.50M	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$150.00K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$150.00K	USD	Point-in-time
Proceeds from exercise of options	`ProceedsFromStockOptionsExercised`	$1.50K	USD	3 Qtrs
Purchase and cancellation of previously issued warrants	`PurchaseAndCancellationOfPreviouslyIssuedWarrants`	$50.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.54M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.60M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.49M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.11M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	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`	$1.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	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`	$2.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.83M	USD	Point-in-time
Cash paid during period for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during period for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during period for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid during period for taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Common stock issued in exchange for previously incurred debt	`DebtConversionConvertedInstrumentAmount1`	$4.02M	USD	3 Qtrs
Property, plant and equipment acquired, included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$325.40K	USD	3 Qtrs

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