10-Q Filing

BNB PLUS CORP. CIK: 744452 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001571049-16-011637`
Period End Date	20151231
Filing Date	20160210
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	apdn-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 28 Cash Flow Statement 54

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.14K	USD	Point-in-time
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.14K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$852.87K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$955.76K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.39M	USD	Point-in-time
Accumulated amortization on intangible assets (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$284.82K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Accumulated amortization on intangible assets (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$238.37K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	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 $7,140 at December 31, 2015 and September 30, 2015	`AccountsReceivableNetCurrent`	$3.93M	USD	Point-in-time
Accounts receivable, net of allowance of $7,140 at December 31, 2015 and September 30, 2015	`AccountsReceivableNetCurrent`	$3.92M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$187.35K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$293.35K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$16.49M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.54M	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
Property, plant and equipment, net of accumulated depreciation of $955,765 at December 31, 2015 and $852,867 at September 30, 2015	`PropertyPlantAndEquipmentNet`	$572.11K	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $955,765 at December 31, 2015 and $852,867 at September 30, 2015	`PropertyPlantAndEquipmentNet`	$561.91K	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`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Long term accounts receivables	`AccountsReceivableNetNoncurrent`	$1.50M	USD	Point-in-time
Long term accounts receivables	`AccountsReceivableNetNoncurrent`	$1.50M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$58.49K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.07M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$62.99K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.50M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.07M	shares	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Intangible assets, net of accumulated amortization of $284,816 and $238,368 at December 31, 2015 and September 30, 2015, respectively	`FiniteLivedIntangibleAssetsNet`	$1.60M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $284,816 and $238,368 at December 31, 2015 and September 30, 2015, respectively	`FiniteLivedIntangibleAssetsNet`	$1.58M	USD	Point-in-time
Total Assets	`Assets`	$15.55M	USD	Point-in-time
Total Assets	`Assets`	$20.48M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.39M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.11M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$57.53K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$282.05K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.67M	USD	Point-in-time
Long term accounts payable	`AccountsPayableNoncurrent`	$320.40K	USD	Point-in-time
Long term accounts payable	`AccountsPayableNoncurrent`	$320.40K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.49M	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; 500,000,000 shares authorized at December 31, 2015 and September 30, 2015; 24,072,092 and 21,504,578 shares issued and outstanding as of December 31, 2015 and September 30, 2015, respectively	`CommonStockValue`	$24.07K	USD	Point-in-time
Common stock, par value $0.001 per share; 500,000,000 shares authorized at December 31, 2015 and September 30, 2015; 24,072,092 and 21,504,578 shares issued and outstanding as of December 31, 2015 and September 30, 2015, respectively	`CommonStockValue`	$21.50K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$224.19M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$232.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-211.64M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-214.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$18.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.57M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$20.48M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$15.55M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$1.24M	USD	1 Quarter
Revenues	`SalesRevenueNet`	$1.32M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.55M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.67M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$471.93K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$278.29K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$109.73K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$218.35K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.24M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.06M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.92M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.82M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$2.85K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-31.88K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-8.59K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-3.69K	USD	1 Quarter
Loss on conversion of promissory notes	`LossOnConversionOfPromissoryNotes`	$-980.84K	USD	1 Quarter
Loss on change in fair value of warrant liability	`IncomeLossFromChangeInFairValueOfWarrantLiability`	$-2.99M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.83M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.93M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-2.93M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-7.83M	USD	1 Quarter
Net loss per share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Net loss per share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.51	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	15.46M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22.54M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.83M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$218.35K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$109.73K	USD	1 Quarter
Stock based compensation expense	`ShareBasedCompensation`	$2.00M	USD	1 Quarter
Stock based compensation expense	`ShareBasedCompensation`	$396.99K	USD	1 Quarter
Change in fair value of warrant liability	`IncomeLossFromChangeInFairValueOfWarrantLiability`	$-2.99M	USD	1 Quarter
Loss on conversion of promissory notes	`LossOnConversionOfPromissoryNotes`	$-980.84K	USD	1 Quarter
Common stock issued for consulting services	`CommonStockIssuedForConsultingServices`	$58.12K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.78K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$10.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.48K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$282.50K	USD	1 Quarter
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.10K	USD	1 Quarter
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-71.90K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-320.82K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-254.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-59.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-224.52K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.36M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.72M	USD	1 Quarter
Purchase of property plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.80K	USD	1 Quarter
Purchase of property plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.82K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$14.30K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-30.82K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-66.10K	USD	1 Quarter
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$7.85M	USD	1 Quarter
Net proceeds from sale of common stock and warrants	`NetProceedsFromSaleOfCommonStockAndWarrants`	$7.96M	USD	1 Quarter
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	$4.41K	USD	1 Quarter
Purchase and cancelation of previously issued warrants	`PurchaseAndCancelationOfPreviouslyIssuedWarrants`	$4.09M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.86M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.87M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.07M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.48M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.39M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.39M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.31M	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`	-	USD	1 Quarter
Common stock issued for cashless exercise of options and warrants	`CommonStockIssuedForCashlessExerciseOfOptionsAndWarrants`	$49.00	USD	1 Quarter
Property, plant and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$40.91K	USD	1 Quarter
Property, plant and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$181.10K	USD	1 Quarter
Intangible assets acquired, and included in accounts payable	`IntangibleAssetsAcquiredIncludedInAccountsPayable`	-	USD	1 Quarter
Intangible assets acquired, and included in accounts payable	`IntangibleAssetsAcquiredIncludedInAccountsPayable`	$17.84K	USD	1 Quarter
Issuance of options to settle accrued liability	`IssuanceOfOptionsToSettleAccruedLiability`	$42.34K	USD	1 Quarter
Issuance of options to settle accrued liability	`IssuanceOfOptionsToSettleAccruedLiability`	-	USD	1 Quarter

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