2018 Q4 Form 10-Q Financial Statement

#000114420418055650 Filed on October 29, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.580M $1.260M $1.610M
YoY Change 18.8% 3.28% 151.56%
% of Gross Profit
Research & Development $3.860M $1.975M $1.480M
YoY Change -345.86% 69.09% 240.23%
% of Gross Profit
Depreciation & Amortization $20.00K $33.00K $31.00K
YoY Change -33.33% 43.48% 72.22%
% of Gross Profit
Operating Expenses $5.440M $1.975M $3.090M
YoY Change -2366.67% 69.09% 610.34%
Operating Profit -$3.232M -$3.087M
YoY Change 35.12% 187.16%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $50.00K $60.00K $0.00
YoY Change 25.0% -700.0% -100.0%
Pretax Income -$5.380M -$3.180M -$3.090M
YoY Change -2021.43% 32.5% 197.12%
Income Tax
% Of Pretax Income
Net Earnings -$5.380M -$3.176M -$3.090M
YoY Change -2021.43% 32.17% 197.12%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$259.5K -$153.7K -$158.4K
COMMON SHARES
Basic Shares Outstanding 20.71M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.060M $10.89M $17.44M
YoY Change -9.02% 3.22% 159.52%
Cash & Equivalents $942.0K $697.0K $2.262M
Short-Term Investments $6.120M $10.19M $15.18M
Other Short-Term Assets $1.190M $1.240M $1.160M
YoY Change -0.83% 1277.78% 404.35%
Inventory
Prepaid Expenses $1.103M $1.103M $1.103M
Receivables $2.010M $490.0K $960.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.27M $12.62M $19.56M
YoY Change 6.72% 15.26% 154.69%
LONG-TERM ASSETS
Property, Plant & Equipment $651.0K $564.0K $600.0K
YoY Change 66.07% 56.67% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $958.0K $1.148M $860.0K
YoY Change -46.78% 3726.67% 4200.0%
Total Long-Term Assets $958.0K $1.148M $1.460M
YoY Change -46.78% 194.36% 356.25%
TOTAL ASSETS
Total Short-Term Assets $10.27M $12.62M $19.56M
Total Long-Term Assets $958.0K $1.148M $1.460M
Total Assets $11.23M $13.77M $21.02M
YoY Change -1.71% 21.42% 162.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.548M $2.602M $4.180M
YoY Change 219.38% 829.29% 1717.39%
Accrued Expenses $1.042M $428.0K $1.470M
YoY Change 27.54% 114.0% 1189.47%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.212M $3.791M $8.150M
YoY Change 12.07% -38.26% 1046.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $6.212M $3.791M $8.150M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $6.212M $3.791M $8.150M
YoY Change 12.07% -38.26% 1047.89%
SHAREHOLDERS EQUITY
Retained Earnings -$94.02M -$88.64M
YoY Change 17.42%
Common Stock $94.63M $94.21M
YoY Change 10.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.016M $9.978M $12.87M
YoY Change
Total Liabilities & Shareholders Equity $11.23M $13.77M $21.02M
YoY Change -1.71% 21.42% 162.75%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income -$5.380M -$3.176M -$3.090M
YoY Change -2021.43% 32.17% 197.12%
Depreciation, Depletion And Amortization $20.00K $33.00K $31.00K
YoY Change -33.33% 43.48% 72.22%
Cash From Operating Activities -$3.720M -$6.594M $55.00K
YoY Change 26.96% -271.58% -103.37%
INVESTING ACTIVITIES
Capital Expenditures -$110.0K $1.000K $215.0K
YoY Change 83.33% -98.84% 571.88%
Acquisitions
YoY Change
Other Investing Activities $4.080M $4.980M -$12.82M
YoY Change 45.2% -169.65% -288.25%
Cash From Investing Activities $3.970M $4.983M -$13.03M
YoY Change 44.36% -168.84% -292.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 $46.00K $11.99M
YoY Change -100.0% -38.67% 39880.0%
NET CHANGE
Cash From Operating Activities -3.720M -$6.594M $55.00K
Cash From Investing Activities 3.970M $4.983M -$13.03M
Cash From Financing Activities 0.000 $46.00K $11.99M
Net Change In Cash 250.0K -$1.565M -$984.0K
YoY Change 1150.0% -52.86% -119.0%
FREE CASH FLOW
Cash From Operating Activities -$3.720M -$6.594M $55.00K
Capital Expenditures -$110.0K $1.000K $215.0K
Free Cash Flow -$3.610M -$6.595M -$160.0K
YoY Change 25.78% -275.54% -90.37%

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us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:left;"><table style="border: none; border-collapse: collapse; margin-bottom: 0.001pt; width: 100%; table-layout: fixed;"><tr><td style="border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: top;width: 56.7pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal; background: none; margin-bottom: 0px; margin-top: 0px;">&#160;</div></td><td style="border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: top;width: 28.35pt;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">D.</div></div></div></td><td style="border-bottom: none;border-left: none;border-right: none;border-top: none;padding-bottom: 0pt;padding-left: 0;padding-right: 0;padding-top: 0pt;vertical-align: top;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; text-align: justify; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of estimates</div></div></div></td></tr></table><div style="clear:both;"></div><div style="clear:both;"></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-left: 1.18in; margin-top: 0px; text-align: justify; text-indent: -0.39in; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-left: 1.18in;margin-top: 0;text-align: justify;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
2805 shares
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
BRAINSTORM CELL THERAPEUTICS INC.
dei Entity Central Index Key
EntityCentralIndexKey
0001137883
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Trading Symbol
TradingSymbol
BCLI
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20707237 shares
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
true

Files In Submission

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0001144204-18-055650-index-headers.html Edgar Link pending
0001144204-18-055650-index.html Edgar Link pending
0001144204-18-055650.txt Edgar Link pending
0001144204-18-055650-xbrl.zip Edgar Link pending
bcli-20180930.xml Edgar Link completed
bcli-20180930.xsd Edgar Link pending
bcli-20180930_cal.xml Edgar Link unprocessable
bcli-20180930_def.xml Edgar Link unprocessable
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