10-Q Filing

BNB PLUS CORP. CIK: 744452 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001188112-14-000295`
Period End Date	20131231
Filing Date	20140210
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	apdn-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 27 Cash Flow Statement 43

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$62.41K	USD	Point-in-time
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$52.41K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$409.63K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$491.64K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.36M	USD	Point-in-time
Accumulated amortization and impairment on intellectual property (in dollars)	`FiniteLivedIntellectualPropertyIntangibleAssetsAccumulatedAmortizationAndWriteoff`	$163.40K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$984.41K	USD	Point-in-time
Accumulated amortization and impairment on intellectual property (in dollars)	`FiniteLivedIntellectualPropertyIntangibleAssetsAccumulatedAmortizationAndWriteoff`	$186.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	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
Accounts receivable, net of allowance of $52,415 and $62,415 at December 31, 2013 and September 30, 2013, respectively	`AccountsReceivableNetCurrent`	$672.64K	USD	Point-in-time
Accounts receivable, net of allowance of $52,415 and $62,415 at December 31, 2013 and September 30, 2013, respectively	`AccountsReceivableNetCurrent`	$749.35K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$126.41K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$174.10K	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
Total current assets	`AssetsCurrent`	$7.21M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.08M	USD	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $491,643 and $409,629, respectively	`PropertyPlantAndEquipmentNet`	$716.76K	USD	Point-in-time
Property, plant and equipment-net of accumulated depreciation of $491,643 and $409,629, respectively	`PropertyPlantAndEquipmentNet`	$696.00K	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`	1.35B	shares	Point-in-time
Deposits	`DepositAssets`	$51.26K	USD	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`	807.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	786.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	786.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	807.85M	shares	Point-in-time
Intellectual property, net of accumulated amortization and impairment of $186,604 and $163,403, respectively	`FiniteLivedIntangibleAssetsNet`	$397.48K	USD	Point-in-time
Intellectual property, net of accumulated amortization and impairment of $186,604 and $163,403, respectively	`FiniteLivedIntangibleAssetsNet`	$420.68K	USD	Point-in-time
Total Assets	`Assets`	$8.37M	USD	Point-in-time
Total Assets	`Assets`	$6.24M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$966.98K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.21M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$148.50K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$324.99K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.53M	USD	Point-in-time
Warrant liability	`WarrantLiabilityNoncurrent`	$2.64M	USD	Point-in-time
Warrant liability	`WarrantLiabilityNoncurrent`	$2.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.76M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 807,850,028 and 786,526,955 shares issued and outstanding as of December 31, 2013 and September 30, 2013, respectively	`CommonStockValueOutstanding`	$807.85K	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 807,850,028 and 786,526,955 shares issued and outstanding as of December 31, 2013 and September 30, 2013, respectively	`CommonStockValueOutstanding`	$786.53K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$194.06M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$190.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-192.99M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-186.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.62M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.37M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.24M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$317.67K	USD	1 Quarter
Revenues	`SalesRevenueNet`	$597.35K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.52M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$459.30K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$147.67K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$105.22K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.41M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.81M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.37M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$434.00	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$155.42K	USD	1 Quarter
Loss on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$1.29M	USD	Point-in-time
Loss on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.33M	USD	1 Quarter
Loss on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$2.63M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.70M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.29M	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-8.70M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-6.29M	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	789.89M	shares	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	649.92M	shares	1 Quarter

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-8.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$105.22K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$765.55K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$417.87K	USD	1 Quarter
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$1.29M	USD	Point-in-time
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.33M	USD	1 Quarter
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$2.63M	USD	1 Quarter
Equity based compensation	`EquityBasedCompensation`	$13.24K	USD	1 Quarter
Common stock issued for consulting services	`CommonStockIssuedForConsultingServices`	$337.50K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$15.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$91.72K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$64.79K	USD	1 Quarter
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-27.68K	USD	1 Quarter
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-47.69K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$216.79K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$234.73K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$176.49K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.74M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.07M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$94.51K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-94.51K	USD	1 Quarter
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	1 Quarter
Net (decrease)increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.16M	USD	1 Quarter
Net (decrease)increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$259.63K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$984.41K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.36M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$984.41K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	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 for cashless exercise of options and warrants	`CommonStockIssuedForCashlessExerciseOfOptionsAndWarrants`	$18.82K	USD	1 Quarter
Property, plant and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$8.27K	USD	1 Quarter

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