10-Q Filing

BNB PLUS CORP. CIK: 744452 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001571049-14-001721`
Period End Date	20140331
Filing Date	20140512
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	apdn-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 54 Cash Flow Statement 53

Balance Sheet 67 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`	$36.76K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$575.51K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$409.63K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$724.78K	USD	Point-in-time
Accumulated amortization and impairment on intellectual property (in dollars)	`FiniteLivedIntellectualPropertyIntangibleAssetsAccumulatedAmortizationAndWriteoff`	$209.55K	USD	Point-in-time
Accumulated amortization and impairment on intellectual property (in dollars)	`FiniteLivedIntellectualPropertyIntangibleAssetsAccumulatedAmortizationAndWriteoff`	$163.40K	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, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance of $36,757 and $62,415 at March 31, 2014 and September 30, 2013, respectively	`AccountsReceivableNetCurrent`	$606.00K	USD	Point-in-time
Accounts receivable, net of allowance of $36,757 and $62,415 at March 31, 2014 and September 30, 2013, respectively	`AccountsReceivableNetCurrent`	$672.64K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$174.10K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$108.23K	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
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`	$2.70M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $575,507 and $409,629 at March 31, 2014 and September 30, 2013, respectively	`PropertyPlantAndEquipmentNet`	$696.00K	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $575,507 and $409,629 at March 31, 2014 and September 30, 2013, respectively	`PropertyPlantAndEquipmentNet`	$647.49K	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
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
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.35B	shares	Point-in-time
Deposits	`DepositAssets`	$57.99K	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 issued	`CommonStockSharesIssued`	808.60M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	786.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	808.60M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	786.53M	shares	Point-in-time
Intellectual property, net of accumulated amortization and impairment of $209,550 and $163,403 at March 31, 2014 and September 30, 2013, respectively	`FiniteLivedIntangibleAssetsNet`	$374.53K	USD	Point-in-time
Intellectual property, net of accumulated amortization and impairment of $209,550 and $163,403 at March 31, 2014 and September 30, 2013, respectively	`FiniteLivedIntangibleAssetsNet`	$420.68K	USD	Point-in-time
Total Assets	`Assets`	$3.78M	USD	Point-in-time
Total Assets	`Assets`	$8.37M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.32M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$966.98K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$415.99K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$148.50K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.12M	USD	Point-in-time
Warrant liability	`WarrantLiabilityNoncurrent`	$2.64M	USD	Point-in-time
Warrant liability	`WarrantLiabilityNoncurrent`	$2.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.10M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; -0- shares issued and outstanding as of March 31, 2014 and September 30, 2013	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; -0- shares issued and outstanding as of March 31, 2014 and September 30, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 808,596,863 and 786,526,955 shares issued and outstanding as of March 31, 2014 and September 30, 2013, respectively	`CommonStockValueOutstanding`	$786.53K	USD	Point-in-time
Common stock, par value $0.001 per share; 1,350,000,000 shares authorized; 808,596,863 and 786,526,955 shares issued and outstanding as of March 31, 2014 and September 30, 2013, respectively	`CommonStockValueOutstanding`	$808.60K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$190.52M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$194.61M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-186.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-195.74M	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$-320.18K	USD	Point-in-time
Total stockholders' (deficit) equity	`StockholdersEquity`	$4.62M	USD	Point-in-time
Total Liabilities and Stockholders' (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$3.78M	USD	Point-in-time
Total Liabilities and Stockholders' (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$8.37M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$1.23M	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$637.15K	USD	1 Quarter
Revenues	`SalesRevenueNet`	$662.27K	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$344.61K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.14M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$5.28M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$359.78K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$176.49K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$324.15K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$819.09K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$42.83K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$106.81K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$212.03K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.83K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.64M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$8.17M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.76M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.61M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.13M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-4.98M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-6.94M	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$673.00	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$405.00	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$239.00	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$405.00	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$76.03K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-79.39K	USD	1 Quarter
Gain (loss) on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$2.18M	USD	2 Qtrs
Gain (loss) on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$-455.90K	USD	1 Quarter
Gain (loss) on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$6.85M	USD	2 Qtrs
Gain (loss) on change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$519.92K	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.83M	USD	2 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.04M	USD	2 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.75M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.13M	USD	1 Quarter
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`	$-9.04M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-11.83M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-2.75M	USD	1 Quarter
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	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`	$0.02	USD	2 Qtrs
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	798.97M	shares	2 Qtrs
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	664.99M	shares	2 Qtrs
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	680.40M	shares	1 Quarter
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	808.25M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-9.04M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.83M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.83K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$212.03K	USD	2 Qtrs
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$455.16K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$547.78K	USD	1 Quarter
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$1.31M	USD	2 Qtrs
Fair value of vested options issued to officers, directors and employees	`ShareBasedCompensation`	$873.02K	USD	2 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$2.18M	USD	2 Qtrs
Change in fair value of warrant liability	`LossFromChangeInFairValueOfWarrantLiability`	$-455.90K	USD	1 Quarter
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
Equity based compensation	`EquityBasedCompensation`	$13.24K	USD	2 Qtrs
Common stock issued for consulting services	`CommonStockIssuedForConsultingServices`	$337.50K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$16.14K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-50.50K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$110.80K	USD	2 Qtrs
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-54.76K	USD	2 Qtrs
Prepaid expenses and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-59.13K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$344.57K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$217.71K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$267.49K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.89M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.26M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$109.58K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.06K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-30.06K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-109.58K	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 cancellation of previously issued warrants	`PurchaseAndCancellationOfPreviouslyIssuedWarrants`	$50.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.60M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.37M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.68M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99M	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`	$4.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99M	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	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`	-	USD	2 Qtrs
Common stock issued in exchange for previously incurred debt	`DebtConversionConvertedInstrumentAmount1`	-	USD	2 Qtrs
Common stock issued for cashless exercise of options and warrants	`CommonStockIssuedForCashlessExerciseOfOptionsAndWarrants`	$19.57K	USD	2 Qtrs
Property, plant and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$7.79K	USD	2 Qtrs

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