10-Q Filing

BNB PLUS CORP. CIK: 744452 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001571049-17-001169`
Period End Date	20161231
Filing Date	20170209
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	apdn-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 32 Cash Flow Statement 49

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.41K	USD	Point-in-time
Allowance on accounts receivable (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.97K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.36M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	USD	Point-in-time
Accumulated amortization on intangible assets (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$423.65K	USD	Point-in-time
Accumulated amortization on intangible assets (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$485.04K	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
Accounts receivable, net of allowance of $23,411 and $32,965 at December 31, 2016 and September 30, 2016, respectively	`AccountsReceivableNetCurrent`	$6.37M	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 $23,411 and $32,965 at December 31, 2016 and September 30, 2016, respectively	`AccountsReceivableNetCurrent`	$6.16M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories	`InventoryNet`	$297.76K	USD	Point-in-time
Inventories	`InventoryNet`	$323.32K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$200.01K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$133.23K	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
Total current assets	`AssetsCurrent`	$13.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.35M	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
Property, plant and equipment, net of accumulated depreciation of $1,363,789 at December 31, 2016 and $1,263,200 at September 30, 2016	`PropertyPlantAndEquipmentNet`	$792.50K	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $1,363,789 at December 31, 2016 and $1,263,200 at September 30, 2016	`PropertyPlantAndEquipmentNet`	$723.79K	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`	$1.53M	USD	Point-in-time
Long term accounts receivables	`AccountsReceivableNetNoncurrent`	$920.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.35M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.08M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$61.63K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.35M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.08M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$61.13K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$13.99K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Goodwill	`Goodwill`	$285.39K	USD	Point-in-time
Intangible assets, net of accumulated amortization of $485,037 and $423,649 at December 31, 2016 and September 30, 2016, respectively	`FiniteLivedIntangibleAssetsNet`	$1.46M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $485,037 and $423,649 at December 31, 2016 and September 30, 2016, respectively	`FiniteLivedIntangibleAssetsNet`	$1.53M	USD	Point-in-time
Total Assets	`Assets`	$16.77M	USD	Point-in-time
Total Assets	`Assets`	$15.57M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.25M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.20M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.79M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$1.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.08M	USD	Point-in-time
Long term accounts payable	`AccountsPayableNoncurrent`	$215.50K	USD	Point-in-time
Long term accounts payable	`AccountsPayableNoncurrent`	$127.00K	USD	Point-in-time
Long term deferred revenue	`DeferredRevenueNoncurrent`	$900.00K	USD	Point-in-time
Long term deferred revenue	`DeferredRevenueNoncurrent`	$468.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$5.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.59M	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 December 31, 2016 and September 30, 2016	`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 December 31, 2016 and September 30, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 500,000,000 shares authorized; 26,351,483 and 24,078,756 shares issued and outstanding as of December 31, 2016 and September 30, 2016, respectively	`CommonStockValue`	$26.35K	USD	Point-in-time
Common stock, par value $0.001 per share; 500,000,000 shares authorized; 26,351,483 and 24,078,756 shares issued and outstanding as of December 31, 2016 and September 30, 2016, respectively	`CommonStockValue`	$24.08K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$239.93M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$234.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-223.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-227.78M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$10.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.18M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$16.77M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$15.57M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Product revenues	`SalesRevenueGoodsNet`	$704.42K	USD	1 Quarter
Product revenues	`SalesRevenueGoodsNet`	$693.21K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$630.90K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$198.59K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$903.01K	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$1.32M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$184.27K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$274.83K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.17M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$672.97K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$518.63K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$161.98K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$218.35K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.58M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.06M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-3.95M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-2.92M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$2.85K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$1.33K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-9.37K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-8.59K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.93M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.96M	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`	$-3.96M	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.13	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.16	USD	1 Quarter
Weighted average shares outstanding- Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22.54M	shares	1 Quarter
Weighted average shares outstanding- Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.43M	shares	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.93M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$161.98K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$218.35K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.46M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$396.99K	USD	1 Quarter
Common stock issued for consulting services	`CommonStockIssuedForConsultingServices`	$58.12K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$5.65K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$10.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.48K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-828.08K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$26.07K	USD	1 Quarter
Prepaid expenses and other current assets and deposits	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-66.78K	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`	$-124.05K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-224.52K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-477.88K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.07M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.72M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.65K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.80K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$14.30K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-66.10K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-42.65K	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`	$4.33M	USD	1 Quarter
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	$4.41K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.33M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.86M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.07M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.22M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.48M	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`	$6.70M	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`	$4.48M	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 income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid during period for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Common stock issued upon cashless exercise of options and warrants	`StockIssued1`	$49.00	USD	1 Quarter
Reclassification of deferred offering costs to additional paid-in capital	`ReclassificationOfDeferredOfferingCostsToAdditionalPaidInCapital`	$13.99K	USD	1 Quarter
Property, plant and equipment acquired, and included in accounts payable	`PropertyPlantAndEquipmentAcquiredIncludedInAccountsPayable`	$40.91K	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

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