2019 Q2 Form 10-Q Financial Statement
#000114420419025310 Filed on May 10, 2019
Income Statement
Concept | 2019 Q2 | 2019 Q1 | 2018 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.300M | $1.470M | $1.580M |
YoY Change | -19.25% | 10.53% | 18.8% |
% of Gross Profit | |||
Research & Development | $3.554M | $3.456M | $3.860M |
YoY Change | 140.14% | 253.74% | -345.86% |
% of Gross Profit | |||
Depreciation & Amortization | $33.00K | $44.00K | $20.00K |
YoY Change | 6.45% | 76.0% | -33.33% |
% of Gross Profit | |||
Operating Expenses | $3.554M | $3.456M | $5.440M |
YoY Change | 15.02% | 253.74% | -2366.67% |
Operating Profit | -$4.857M | -$4.928M | |
YoY Change | 57.34% | 113.61% | |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$40.00K | -$100.0K | $50.00K |
YoY Change | -1100.0% | 25.0% | |
Pretax Income | -$4.900M | -$5.030M | -$5.380M |
YoY Change | 58.58% | 118.7% | -2021.43% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$4.900M | -$5.027M | -$5.380M |
YoY Change | 58.58% | 118.76% | -2021.43% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$225.8K | -$240.4K | -$259.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 21.70M | 29.49M | 20.71M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q2 | 2019 Q1 | 2018 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.700M | $6.230M | $7.060M |
YoY Change | -84.52% | 11.05% | -9.02% |
Cash & Equivalents | $1.126M | $3.238M | $942.0K |
Short-Term Investments | $1.580M | $2.990M | $6.120M |
Other Short-Term Assets | $920.0K | $1.230M | $1.190M |
YoY Change | -20.69% | 7.89% | -0.83% |
Inventory | |||
Prepaid Expenses | $1.103M | $1.103M | |
Receivables | $1.920M | $800.0K | $2.010M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $5.540M | $8.257M | $10.27M |
YoY Change | -71.68% | 4.92% | 6.72% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.300M | $611.0K | $651.0K |
YoY Change | 450.0% | 49.02% | 66.07% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $30.00K | $3.594M | $958.0K |
YoY Change | -96.51% | 215.26% | -46.78% |
Total Long-Term Assets | $3.320M | $3.594M | $958.0K |
YoY Change | 127.4% | 133.38% | -46.78% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.540M | $8.257M | $10.27M |
Total Long-Term Assets | $3.320M | $3.594M | $958.0K |
Total Assets | $8.860M | $11.85M | $11.23M |
YoY Change | -57.85% | 25.94% | -1.71% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.770M | $5.029M | $4.548M |
YoY Change | 109.81% | 54.26% | 219.38% |
Accrued Expenses | $1.020M | $2.246M | $1.042M |
YoY Change | -30.61% | 410.45% | 27.54% |
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 | $10.54M | $8.480M | $6.212M |
YoY Change | 29.33% | 51.97% | 12.07% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $2.840M | $3.050M | |
YoY Change | |||
Total Long-Term Liabilities | $2.840M | $3.045M | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.54M | $8.480M | $6.212M |
Total Long-Term Liabilities | $2.840M | $3.045M | $0.00 |
Total Liabilities | $13.38M | $11.53M | $6.212M |
YoY Change | 64.17% | 106.58% | 12.07% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$99.05M | -$94.02M | |
YoY Change | 17.42% | ||
Common Stock | $98.34M | $94.63M | |
YoY Change | 10.09% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$4.516M | $326.0K | $5.016M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.860M | $11.85M | $11.23M |
YoY Change | -57.85% | 25.94% | -1.71% |
Cashflow Statement
Concept | 2019 Q2 | 2019 Q1 | 2018 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.900M | -$5.027M | -$5.380M |
YoY Change | 58.58% | 118.76% | -2021.43% |
Depreciation, Depletion And Amortization | $33.00K | $44.00K | $20.00K |
YoY Change | 6.45% | 76.0% | -33.33% |
Cash From Operating Activities | -$3.508M | -$835.0K | -$3.720M |
YoY Change | -6478.18% | -60.72% | 26.96% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $21.00K | $4.000K | -$110.0K |
YoY Change | -90.23% | -91.11% | 83.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.410M | $3.140M | $4.080M |
YoY Change | -111.0% | 7.9% | 45.2% |
Cash From Investing Activities | $1.391M | $3.131M | $3.970M |
YoY Change | -110.67% | 9.32% | 44.36% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 5.000K | 0.000 | 0.000 |
YoY Change | -99.96% | -100.0% | -100.0% |
NET CHANGE | |||
Cash From Operating Activities | -3.508M | -835.0K | -3.720M |
Cash From Investing Activities | 1.391M | 3.131M | 3.970M |
Cash From Financing Activities | 5.000K | 0.000 | 0.000 |
Net Change In Cash | -2.112M | 2.296M | 250.0K |
YoY Change | 114.63% | 200.92% | 1150.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.508M | -$835.0K | -$3.720M |
Capital Expenditures | $21.00K | $4.000K | -$110.0K |
Free Cash Flow | -$3.529M | -$839.0K | -$3.610M |
YoY Change | 2105.63% | -61.35% | 25.78% |
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|
12040000 | |
CY2018Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2458201 | |
CY2019Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
94000 | |
CY2018Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
0 | |
CY2019Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<table style="width: 100%; border-collapse: collapse; border-spacing: 0px; table-layout: fixed;"><tr><td style="width:56.7pt; padding:0in 0in 0in 0in;vertical-align:top;"> </td><td style="width: 28.35pt; padding: 0in; font-size: 10pt; line-height: 10pt;;vertical-align:top;"><div style="margin: 0px 0px 0px 0in; font-family: "times new roman", times, serif; font-size: 10pt; background: none; line-height: normal;"><div style="font-weight:bold;display:inline;">D.</div></div></td><td style="padding: 0in; font-size: 10pt; line-height: 10pt;;vertical-align:top;"><div style="text-align: justify; margin: 0px 0px 0px 0in; font-family: "times new roman", times, serif; font-size: 10pt; background: none; line-height: normal;"><div style="font-weight:bold;display:inline;">Use of estimates</div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px; background: none;"></div><div style="margin: 0px 0px 0px 85.05pt; text-align: justify; text-indent: -28.35pt; font-family: "times new roman", times, serif; font-size: 10pt; background: none;"><div style="background: none;;font-weight:bold;display:inline;"> </div></div><div style="margin: 0px 0px 0px 85.05pt; text-align: justify; font-family: "times new roman", times, serif; font-size: 10pt; background: none;">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><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
317000 | |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3197000 | |
CY2019Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
953000 | |
CY2019Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1254000 | |
CY2019Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1186000 | |
CY2019Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
3393000 | |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3045000 | |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3045000 | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y8M12D | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0825 | |
CY2019Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2019Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2019Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-03-31 | |
CY2019Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2019 | |
CY2019Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2019Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
BRAINSTORM CELL THERAPEUTICS INC. | |
CY2019Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001137883 | |
CY2019Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2019Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2019Q1 | dei |
Trading Symbol
TradingSymbol
|
BCLI | |
CY2019Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
21703109 | |
CY2019Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2019Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
348000 |