2024 Q4 Form 10-Q Financial Statement

#000147793224007148 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $0.00 $10.15K
YoY Change -100.0% -89.26%
Cost Of Revenue $0.00 $3.881K
YoY Change -100.0% 65.64%
Gross Profit $0.00 $6.264K
YoY Change -100.0% -93.2%
Gross Profit Margin 61.74%
Selling, General & Admin $1.193M $674.5K
YoY Change 76.86% -12.61%
% of Gross Profit 10767.18%
Research & Development $460.1K $287.0K
YoY Change 60.35% -16.23%
% of Gross Profit 4581.13%
Depreciation & Amortization $6.420K $6.419K
YoY Change 0.02% -2.27%
% of Gross Profit 102.47%
Operating Expenses $1.660M $972.0K
YoY Change 70.75% -13.49%
Operating Profit -$1.660M -$961.9K
YoY Change 72.55% -6.54%
Interest Expense $149.0K $36.88K
YoY Change 303.98% 170.72%
% of Operating Profit
Other Income/Expense, Net $146.7K $94.52K
YoY Change 55.22% 20.99%
Pretax Income -$1.513M -$867.3K
YoY Change 74.44% -8.8%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.513M -$867.3K
YoY Change 74.44% -8.8%
Net Earnings / Revenue -8549.51%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.10
COMMON SHARES
Basic Shares Outstanding 12.75M shares 10.89M shares 8.525M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $160.0K
YoY Change 309.21%
Cash & Equivalents $90.00 $156.4K
Short-Term Investments
Other Short-Term Assets $70.00K
YoY Change -45.27%
Inventory
Prepaid Expenses $38.84K $72.17K
Receivables $0.00 $12.22K
Other Receivables $0.00
Total Short-Term Assets $353.1K $245.8K
YoY Change 43.66% -26.2%
LONG-TERM ASSETS
Property, Plant & Equipment $31.69K $57.36K
YoY Change -44.76% -31.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $40.00K
YoY Change -10.15%
Total Long-Term Assets $290.5K $288.7K
YoY Change 0.63% -40.63%
TOTAL ASSETS
Total Short-Term Assets $353.1K $245.8K
Total Long-Term Assets $290.5K $288.7K
Total Assets $643.6K $534.4K
YoY Change 20.42% -34.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.096M $2.390M
YoY Change 29.55% 88.59%
Accrued Expenses $2.200M
YoY Change 35.18%
Deferred Revenue
YoY Change
Short-Term Debt $1.350M
YoY Change 48.91%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.224M $5.947M
YoY Change 38.3% 32.32%
LONG-TERM LIABILITIES
Long-Term Debt $70.00K
YoY Change -5.65%
Other Long-Term Liabilities $3.780M
YoY Change 9.53%
Total Long-Term Liabilities $3.850M
YoY Change 9.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.224M $5.947M
Total Long-Term Liabilities $3.850M
Total Liabilities $12.65M $9.795M
YoY Change 29.12% 22.13%
SHAREHOLDERS EQUITY
Retained Earnings -$82.04M -$77.13M
YoY Change 6.37% 5.41%
Common Stock $11.21K $8.592K
YoY Change 30.49% 12.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$11.83M -$9.132M
YoY Change
Total Liabilities & Shareholders Equity $643.6K $534.4K
YoY Change 20.42% -34.76%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income -$1.513M -$867.3K
YoY Change 74.44% -8.8%
Depreciation, Depletion And Amortization $6.420K $6.419K
YoY Change 0.02% -2.27%
Cash From Operating Activities -$350.0K
YoY Change -4.84%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 310.0K
YoY Change -3.09%
NET CHANGE
Cash From Operating Activities -350.0K
Cash From Investing Activities
Cash From Financing Activities 310.0K
Net Change In Cash -40.00K
YoY Change -16.54%
FREE CASH FLOW
Cash From Operating Activities -$350.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
87794 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
65222 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68615 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
156409 usd
us-gaap Interest Paid Net
InterestPaidNet
10007 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
bicx Warrants Issued In Connection With Issuance Of Promissory Notes
WarrantsIssuedInConnectionWithIssuanceOfPromissoryNotes
83552 usd
bicx Warrants Issued In Connection With Issuance Of Promissory Notes
WarrantsIssuedInConnectionWithIssuanceOfPromissoryNotes
176545 usd
bicx Derivative Liabilities Recognized In Connection With Issuance Of Promissory Notes
DerivativeLiabilitiesRecognizedInConnectionWithIssuanceOfPromissoryNotes
0 usd
bicx Derivative Liability Recognized In Connection With Issuance Of Promissory Notes
DerivativeLiabilityRecognizedInConnectionWithIssuanceOfPromissoryNotes
809284 usd
bicx Derivative Liability Recognized In Connection With Issuance Of Promissory Notes
DerivativeLiabilityRecognizedInConnectionWithIssuanceOfPromissoryNotes
361892 usd
bicx Common Stock Issued In Connection With Subscription Agreement
CommonStockIssuedInConnectionWithSubscriptionAgreement
9 usd
bicx Common Stock Issued In Connection With Subscription Agreement
CommonStockIssuedInConnectionWithSubscriptionAgreement
0 usd
bicx Record Right To Use Assets Per Asc842
RecordRightToUseAssetsPerAsc842
0 usd
bicx Record Lease Liability Per Asc842
RecordLeaseLiabilityPerAsc842
225663 usd
bicx Record Lease Liability Per Asc842
RecordLeaseLiabilityPerAsc842
0 usd
bicx Common Stock Issued In Connection With Issuance Of Promissory Notes
CommonStockIssuedInConnectionWithIssuanceOfPromissoryNotes
107217 usd
bicx Common Stock Issued In Connection With Issuance Of Promissory Notes
CommonStockIssuedInConnectionWithIssuanceOfPromissoryNotes
65580 usd
CY2024Q3 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
0 usd
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
2205 usd
us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
10645 usd
bicx Membership Program Fees
MembershipProgramFees
1415 usd
bicx Membership Program Fees
MembershipProgramFees
7596 usd
us-gaap Revenues
Revenues
7665 usd
us-gaap Revenues
Revenues
70222 usd
CY2023Q4 bicx Deferred Revenue Short Term
DeferredRevenueShortTerm
0 usd
CY2023Q4 bicx Deferred Revenue Short Term89
DeferredRevenueShortTerm89
4045 usd
CY2024Q3 bicx Recognizedsaleof Net
RecognizedsaleofNet
-4045 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of the consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include assumptions used in the fair value of other equity and debt instruments, income taxes, loss contingencies, and research and development costs.</p>
bicx Description Aging Categories To Estimates Risk
DescriptionAgingCategoriesToEstimatesRisk
The Company used the following aging categories to estimate the risk of delinquency status: (i) 0 days past due; (ii) 1-30 days past due; (iii) 31-60 days past due; (iv) 61-90 days past due; and (v) over 90 days past due
CY2021Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
47980 usd
bicx Shares Underlying Options Outstanding
SharesUnderlyingOptionsOutstanding
1093625 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2282299 shares
CY2024Q3 us-gaap Advertising Expense
AdvertisingExpense
5868 usd
CY2023Q3 us-gaap Advertising Expense
AdvertisingExpense
25846 usd
us-gaap Advertising Expense
AdvertisingExpense
30076 usd
us-gaap Advertising Expense
AdvertisingExpense
88633 usd
CY2019Q1 bicx Funding During First Year
FundingDuringFirstYear
2842430 usd
CY2024Q2 bicx Grant Funding
GrantFunding
11029977 usd
CY2024Q2 bicx Funding During First Year
FundingDuringFirstYear
4131123 usd
CY2024Q2 bicx Funding During Second Year
FundingDuringSecondYear
3638268 usd
CY2024Q2 bicx Grant Funding During The Third Year
GrantFundingDuringTheThirdYear
3260586 usd
CY2024Q3 bicx Grant Receivables
GrantReceivables
314170 usd
CY2023Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
0 usd
CY2024Q3 bicx Grant Income
GrantIncome
572777 usd
CY2023Q3 bicx Grant Income
GrantIncome
300985 usd
bicx Grant Income
GrantIncome
1204407 usd
bicx Grant Income
GrantIncome
790140 usd
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
460138 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
286962 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1210334 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
762768 usd
us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.50 pure
bicx Description Of Non Controlling Interest
DescriptionOfNonControllingInterest
Due to a management fee equal to 65% of the Medical Corporation’s gross collected monthly revenue, 65% of the Medical Corporation’s earnings was allocated to the Company, and 35% to the non-controlling interest. Due to the Company’s retaining 75.8% ownership of BioCorRx Pharmaceuticals, Inc., 75.8% of BioCorRx Pharmaceuticals, Inc
bicx Royalty Obligations Net Policy Textblock
RoyaltyObligationsNetPolicyTextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company accounted for royalty obligations as debt in accordance with ASC 470-10-25 and derived a debt discount, which is amortized using the straight line method over the expected life of the arrangement, which is 15 years. The Company has no obligation to repay the then outstanding balance if during the expected life of 15 years the treatment is discontinued. In order to record the discount of the liability, the Company fair valued the royalty and the difference between fair value of the royalty obligation and the gross projected future payments was $7,171,200 and was recorded as non-cash interest expense over the life of the liability and offset to additional paid in capital at inception.</p>
bicx Royalty Obligations Description
RoyaltyObligationsDescription
The Company accounted for royalty obligations as debt in accordance with ASC 470-10-25 and derived a debt discount, which is amortized using the straight line method over the expected life of the arrangement, which is 15 years. The Company has no obligation to repay the then outstanding balance if during the expected life of 15 years the treatment is discontinued. In order to record the discount of the liability, the Company fair valued the royalty and the difference between fair value of the royalty obligation
us-gaap Royalty Expense
RoyaltyExpense
7171200 usd
CY2024Q3 us-gaap Cash
Cash
90 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
194551 usd
CY2024Q3 us-gaap Depreciation
Depreciation
6420 usd
CY2023Q3 us-gaap Depreciation
Depreciation
6419 usd
CY2024Q2 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2029-04-30
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4545 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
225663 usd
bicx Recognized On Other Income Expense
RecognizedOnOtherIncomeExpense
32405 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13636 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
54544 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
54544 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
54544 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
54544 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
18181 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
13636 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
34522 usd
CY2024Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
13636 usd
CY2023Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
34522 usd
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
107326 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
107326 usd
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
65066 usd
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
113508 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
285 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1169 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1169 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1169 usd
CY2024Q3 bicx Interest Payable On Eidl Loan
InterestPayableOnEidlLoan
5572 usd
CY2024Q3 bicx Payables To Customers Payroll
PayablesToCustomersPayroll
62816 usd
CY2024Q3 us-gaap Accrued Reclamation Costs Current
AccruedReclamationCostsCurrent
0 usd
CY2024Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
5681787 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4649179 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
36883 usd
us-gaap Interest Expense
InterestExpense
648726 usd
us-gaap Interest Expense
InterestExpense
90412 usd
bicx Notes Payable Related Parties Disclosure Textblock
NotesPayableRelatedPartiesDisclosureTextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">NOTE 10 - NOTES PAYABLE-RELATED PARTIES</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2024 and December 31, 2023, the Company had advances from Kent Emry (Chairman of the Company). The balance outstanding as of September 30, 2024 and December 31, 2023 was $1,500.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On January 22, 2013, the Company issued an unsecured promissory note payable to Kent Emry (Chairman of the Board) for $200,000 due January 1, 2018, with a stated interest rate of 12% per annum beginning three months from issuance, payable monthly. Principal payments were due starting February 1, 2015 at $6,650 per month. The lender has an option to convert the note to licensing rights for the State of Oregon. The Company currently is in default of the principal and interest. The balance outstanding as of September 30, 2024 and December 31, 2023 was $163,610.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On September 9, 2021, the Company issued an unsecured promissory note payable to Kent Emry for $500,000 with principal and interest due June 8, 2022, with a stated interest rate of 25% per annum. The balance outstanding as of September 30, 2024 and December 31, 2023 is $500,000. The interest expense during the three months ended September 30, 2024 and 2023 were $31,507. The interest expense during the nine months ended September 30, 2024 and 2023 were $93,835 and $93,493, respectively. If the Company fails to make any payment due under the terms of the promissory note, the Company shall issue a warrant to Kent Emry to which the number of common shares that Kent Emry has the right to purchase equals 119,617 common shares. The warrant shall have a term of three years with an exercise price of $4.14 and shall be equitably adjusted to offset the effect of any stock splits and similar events. On June 8, 2022, the Company issued the warrant that entitles Kent Emry to purchase 119,617 common shares due to the loan default. The fair value of the warrant on June 8, 2022 was $214,975, which the Company recognized as interest expense - related party.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Since September 2022, the Company had received an aggregate of $296,426 advances from Louis C Lucido, a member of the Company’s Board of Directors. On August 29, 2023, the Company issued an unsecured promissory note payable to Louis C Lucido for $150,000 with principal and interest due August 29, 2024, with a stated interest rate of 8% per annum. The promissory note, together with all accrued interest, shall be converted into common shares at a conversion price of $2.00 per share on or before August 29, 2024. The interest expense during the three months ended September 30, 2024 was $0. The interest expense during the nine months ended September 30, 2024 was $3,781. In connection with the issuance of the promissory note, the Company issued the warrant that entitles Mr. Lucido to purchase 150,000 common shares. The warrant shall have a term of three years with an exercise price of $2.00 and shall be equitably adjusted to offset the effect of any stock splits and similar events. The Company allocated the proceeds based on the relative fair value of the debt and the warrants, resulting in the recognition of $87,724 of debt discount on such promissory note. As additional consideration for the debt, the Company issued 18,000 shares of common stock valued at $29,340, which was also recognized as debt discount. During the three months ended September 30, 2024, the Company amortized $0 of debt discount as interest expense. During the nine months ended September 30, 2024, the Company amortized $77,295 of debt discount as interest expense. On April 24, 2024, the Company entered into an Exchange Agreement (the “Louis 2024 Exchange Agreement”) with Mr. Lucido, pursuant to which Mr. Lucido agreed to exchange of the promissory note then outstanding of $446,426 and the accrued interest on the promissory note of $7,858 and director fees of $90,000 into the Company’s 460,477 shares of common stock at a price of $1.18 per share based on the underlying market value of the common stock at the date of issuance. As of September 30, 2024 and December 31, 2023, the outstanding balance of advances from Mr. Lucido and promissory notes issued to Mr. Lucido was $0 and $275,000, respectively.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On November 1, 2022, the Company issued an unsecured promissory note payable to Louis C Lucido for $300,000 with principal and interest due November 1, 2023, with a stated interest rate of 5% per annum. Under the terms of the note the Company shall pay quarterly interest payments of $3,750. On April 3, 2023, the Company entered into the Louis 2023 Exchange Agreement, pursuant to which Mr. Lucido agreed to exchange of the promissory note then outstanding of $300,000 and the accrued interest on the promissory note of $13,892 into the Company’s 183,606 shares of common stock at a price of $1.71 per share based on the underlying market value of the common stock at the date of issuance, resulting in the recognition of $34,338 of loss on settlement of debt. The balance outstanding as of September 30, 2024 and December 31, 2023 was $0. As the Company failed to make a payment due under the terms of the promissory note, the stated interest rate of the note was increased to 20% on February 1, 2023. The interest expense during the three months ended September 30, 2024 and 2023 was $0 . The interest expense during the nine months ended September 30, 2024 and 2023 was $0 and $11,386, respectively. As additional consideration for the loan the Company issued 33,000 shares of common stock and valued at $59,400, which was recognized as debt discount. During the three months ended September 30, 2024 and 2023, the Company amortized $0 of debt discount as interest expense. During the nine months ended September 30, 2024 and 2023, the Company amortized $0 and $15,135, respectively, of debt discount as interest expense. </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the third quarter of 2024, the Company received an aggregate of $265,100 advances from Louis C Lucido.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2024 and December 31, 2023, the Company owed $284,772 and $136,273 advances to Lourdes Felix. </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The interest expense – related parties during the three months ended September 30, 2024 and 2023 were $158,267 and $169,582, respectively, which includes the amortization of royalty obligations as interest expense of $121,774 (see Note 12). The interest expense – related parties during the nine months ended September 30, 2024 and 2023 were $548,644 and $501,787, respectively, which includes the amortization of royalty obligations as interest expense of $358,882 and $355,662, respectively (see Note 12). As of September 30, 2024 and December 31, 2023, the accumulated interest on related parties notes payable was $583,530 and $478,920, respectively, and was included in accounts payable and accrued expenses on the balance sheet. </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The outstanding notes payables to related parties as of September 30, 2024 and December 31, 2023 were summarized as below:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September</strong><strong> 30,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>December 31,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2024</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2023</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Advances from Kent Emry</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:11%;vertical-align:bottom;text-align:right;">1,500</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:11%;vertical-align:bottom;text-align:right;">1,500</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Advances from Louis C Lucido</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">265,100</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">125,000</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Advances from Lourdes Felix</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">284,772</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">136,273</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Promissory notes payables to Kent Emry</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">663,610</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">663,610</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Promissory note payable to Louis C Lucido, net of debt discount of $0 and $77,295, respectively</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:right;">72,705</td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;vertical-align:bottom;text-align:right;">1,214,982</td><td style="PADDING-BOTTOM: 3px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;vertical-align:bottom;text-align:right;">999,088</td><td style="PADDING-BOTTOM: 3px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2024Q3 bicx Interest Expenses Related Party
InterestExpensesRelatedParty
158267 usd
CY2023Q3 bicx Interest Expenses Related Party
InterestExpensesRelatedParty
169582 usd
bicx Interest Expenses Related Party
InterestExpensesRelatedParty
548644 usd
bicx Interest Expenses Related Party
InterestExpensesRelatedParty
501787 usd
CY2024Q3 bicx Accumulated Interest Notes Payable
AccumulatedInterestNotesPayable
583530 usd
CY2023Q4 bicx Accumulated Interest Notes Payable
AccumulatedInterestNotesPayable
478920 usd
CY2024Q3 bicx Outstanding Notes Payables To Related Parties
OutstandingNotesPayablesToRelatedParties
1214982 usd
CY2024Q3 bicx Accumulated Interest On Eidl Loan
AccumulatedInterestOnEidlLoan
5572 usd
CY2023Q4 bicx Accumulated Interest On Eidl Loan
AccumulatedInterestOnEidlLoan
5675 usd
CY2024Q3 us-gaap Capital Leases Future Minimum Payments Receivable Next Rolling Twelve Months
CapitalLeasesFutureMinimumPaymentsReceivableNextRollingTwelveMonths
0 usd
CY2024Q3 us-gaap Capital Leases Future Minimum Payments Receivable Due In Rolling Year Two
CapitalLeasesFutureMinimumPaymentsReceivableDueInRollingYearTwo
0 usd
CY2024Q3 us-gaap Capital Leases Future Minimum Payments Receivable Due In Rolling Year Three
CapitalLeasesFutureMinimumPaymentsReceivableDueInRollingYearThree
16 usd
CY2024Q3 us-gaap Capital Leases Future Minimum Payments Receivable Due In Rolling Year Four
CapitalLeasesFutureMinimumPaymentsReceivableDueInRollingYearFour
1598 usd
CY2024Q3 us-gaap Capital Leases Future Minimum Payments Receivable Due In Rolling After Year Five
CapitalLeasesFutureMinimumPaymentsReceivableDueInRollingAfterYearFive
69779 usd
CY2024Q3 us-gaap Capital Leases Future Minimum Payments Receivable
CapitalLeasesFutureMinimumPaymentsReceivable
71393 usd
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
600000 shares
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
95350 usd
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11211595 shares
bicx Share Based Goods And Nonemployee Services Transactions Valuation Method Expected Term1
ShareBasedGoodsAndNonemployeeServicesTransactionsValuationMethodExpectedTerm1
P5Y
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
891443 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.41
bicx Outstanding Beginning
OutstandingBeginning
P3Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
19167 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
6.92
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
221349 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.52
bicx Sharebased Compensation Arrangement By Sharebased Payment Grant In Period
SharebasedCompensationArrangementBySharebasedPaymentGrantInPeriod
P4Y9M18D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1093625 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.02
bicx Outstanding At Ending
OutstandingAtEnding
P2Y9M18D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1093625 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.02
bicx Exercisable At End Of Year
ExercisableAtEndOfYear
P2Y9M18D
CY2024Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.32
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29261 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16205 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
108191 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
48232 usd
CY2024Q3 bicx Notes Payables Related Parties Current And Noncurrent
NotesPayablesRelatedPartiesCurrentAndNoncurrent
1292381 usd
CY2023Q4 bicx Notes Payables Related Parties Current And Noncurrent
NotesPayablesRelatedPartiesCurrentAndNoncurrent
1683453 usd
bicx Schedule Of Changes In Non Controlling Interesttabletextblock
ScheduleOfChangesInNonControllingInteresttabletextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Balance, December 31, 2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(128,834 </td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Net loss attributable to the non-controlling interest</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(42,960 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Balance, September 30, 2024</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">(171,794 </td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr></tbody></table><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Balance, December 31, 2022</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(125,257 </td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Net loss attributable to the non-controlling interest</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(3,108 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Balance, September 30, 2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">(128,365 </td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr></tbody></table>
bicx Non Controlling Interest Beginning Balance
NonControllingInterestBeginningBalance
-128834 usd
bicx Net Loss Attributable To The Non Controlling Interest
NetLossAttributableToTheNonControllingInterest
-42960 usd
bicx Non Controlling Interest Ending Balance
NonControllingInterestEndingBalance
-171794 usd
bicx Non Controlling Interest Beginning Balance
NonControllingInterestBeginningBalance
-125257 usd
bicx Net Loss Attributable To The Non Controlling Interest
NetLossAttributableToTheNonControllingInterest
-3108 usd
bicx Non Controlling Interest Ending Balance
NonControllingInterestEndingBalance
-128365 usd
CY2022Q1 bicx First Payment Owed
FirstPaymentOwed
145000 usd
CY2024Q3 us-gaap Deferred Compensation Arrangement With Individual Cash Award Granted Amount
DeferredCompensationArrangementWithIndividualCashAwardGrantedAmount
3500 usd
CY2024Q3 us-gaap Litigation Reserve
LitigationReserve
332503 usd
dei Entity Central Index Key
EntityCentralIndexKey
0001443863
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2023Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2024Q3 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2023Q4 bicx Advances From A Third Party
AdvancesFromAThirdParty
21480 usd
CY2023Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
121774 usd
CY2023Q3 bicx Adjustment For Amortization21
AdjustmentForAmortization21
0 usd
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
0 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 usd
dei Document Type
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10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-54208
dei Entity Registrant Name
EntityRegistrantName
BioCorRx Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
90-0967447
dei Entity Address Address Line1
EntityAddressAddressLine1
2390 East Orangewood Avenue
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 570
dei Entity Address City Or Town
EntityAddressCityOrTown
Anaheim
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92806
dei City Area Code
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714
dei Local Phone Number
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462-4880
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
12748896 shares
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
65222 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
0 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
740 usd
CY2024Q3 us-gaap Grants Receivable
GrantsReceivable
314170 usd
CY2023Q4 us-gaap Grants Receivable
GrantsReceivable
76266 usd
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
38837 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
44891 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
353097 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8143 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9027 usd
CY2024Q3 us-gaap Deposit Assets
DepositAssets
41936 usd
CY2023Q4 us-gaap Deposit Assets
DepositAssets
44520 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
50079 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
53547 usd
CY2024Q3 us-gaap Assets
Assets
643570 usd
CY2023Q4 us-gaap Assets
Assets
388887 usd
CY2024Q3 bicx Due To Related Party
DueToRelatedParty
1292381 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
8224325 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6431209 usd
CY2024Q3 bicx Economic Injury Disaster Loan Long Term
EconomicInjuryDisasterLoanLongTerm
71393 usd
CY2023Q4 bicx Economic Injury Disaster Loan Long Term
EconomicInjuryDisasterLoanLongTerm
72466 usd
CY2024Q3 bicx Discount On Royalty Obligation Related Parties
DiscountOnRoyaltyObligationRelatedParties
4540472 usd
CY2023Q4 bicx Discount On Royalty Obligation Related Parties
DiscountOnRoyaltyObligationRelatedParties
4899354 usd
CY2024Q3 us-gaap Contractual Obligation
ContractualObligation
4181628 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
3822746 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
169443 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10945 usd
CY2024Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
0 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
388887 usd
us-gaap Revenues
Revenues
7665 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2181532 usd
CY2024Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2024Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
6714 usd
CY2023Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
6714 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
20141 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
20093 usd
CY2024Q3 bicx Interest Expense Related Party Transactions
InterestExpenseRelatedPartyTransactions
158267 usd
CY2023Q3 bicx Interest Expense Related Party Transactions
InterestExpenseRelatedPartyTransactions
169582 usd
bicx Interest Expense Related Party Transactions
InterestExpenseRelatedPartyTransactions
548644 usd
bicx Interest Expense Related Party Transactions
InterestExpenseRelatedPartyTransactions
501787 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
148999 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
36883 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
163603 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1513010 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-867348 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3984469 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2801481 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-1513010 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-867348 usd
us-gaap Profit Loss
ProfitLoss
-3984469 usd
us-gaap Profit Loss
ProfitLoss
-2801481 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-9952524 usd
CY2024Q1 bicx Common Stock Issued For Services Rendered Amount
CommonStockIssuedForServicesRenderedAmount
149625 usd
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CommonStockIssuedInConnectionWithIssuanceOfPromissoryNotesAmount
40217 usd
CY2024Q1 bicx Warrants Issued In Connection With Issuance Of Promissory Notes
WarrantsIssuedInConnectionWithIssuanceOfPromissoryNotes
83552 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
48450 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q2 bicx Common Stock Issued For Services Rendered Amount
CommonStockIssuedForServicesRenderedAmount
114779 usd
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CommonStockIssuedInConnectionWithSubscriptionAgreementAmount
0 usd
CY2024Q2 bicx Common Stock Issued In Connection With Conversion Of Promissory Notes And Accounts Payable Amount
CommonStockIssuedInConnectionWithConversionOfPromissoryNotesAndAccountsPayableAmount
809284 usd
CY2024Q2 us-gaap Share Based Compensation
ShareBasedCompensation
30480 usd
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-1233996 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-11147596 usd
CY2024Q3 bicx Common Stock Issued For Services Rendered Amount
CommonStockIssuedForServicesRenderedAmount
561126 usd
CY2024Q3 bicx Common Stock Issued In Connection With Issuance Of Promissory Notes Amount
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67000 usd
CY2024Q3 us-gaap Share Based Compensation
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29261 usd
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q1 bicx Common Stock Issued For Services Rendered Amount
CommonStockIssuedForServicesRenderedAmount
63144 usd
CY2023Q1 bicx Common Stock Issued In Connection With Issuance Of Promissory Notes Amount
CommonStockIssuedInConnectionWithIssuanceOfPromissoryNotesAmount
6000 usd
CY2023Q1 bicx Common Stock Issued In Connection With Subscription Agreement Amount
CommonStockIssuedInConnectionWithSubscriptionAgreementAmount
300000 usd
CY2023Q1 us-gaap Share Based Compensation
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16074 usd
CY2023Q1 us-gaap Net Income Loss
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-1010586 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q2 bicx Common Stock Issued For Services Rendered Amount
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62291 usd
CY2023Q2 bicx Common Stock Issued In Connection With Conversion Of Promissory Notes And Accounts Payable Amount
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361892 usd
CY2023Q2 bicx Common Stock Issued In Connection With Subscription Agreement Amount
CommonStockIssuedInConnectionWithSubscriptionAgreementAmount
600000 usd
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
15953 usd
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NetIncomeLoss
-923547 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-8710510 usd
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CommonStockIssuedForServicesRenderedAmount
65125 usd
CY2023Q3 bicx Common Stock Issued In Connection With Issuance Of Promissory Notes Amount
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59580 usd
CY2023Q3 bicx Warrants Issued In Connection With Issuance Of Promissory Notes
WarrantsIssuedInConnectionWithIssuanceOfPromissoryNotes
176545 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
16205 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-867348 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-9260403 usd
us-gaap Profit Loss
ProfitLoss
-3984469 usd
us-gaap Profit Loss
ProfitLoss
-2801481 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
740 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23163 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
200000 usd
bicx Derivative Liabilities Recognized In Connection With Issuance Of Promissory Notes
DerivativeLiabilitiesRecognizedInConnectionWithIssuanceOfPromissoryNotes
26730 usd
bicx Record Right To Use Assets Per Asc842
RecordRightToUseAssetsPerAsc842
-225663 usd
bicx Project Support Income
ProjectSupportIncome
0 usd
bicx Project Support Income
ProjectSupportIncome
25817 usd
us-gaap Investment Company Dividend Distribution
InvestmentCompanyDividendDistribution
4045 usd
us-gaap Investment Company Dividend Distribution
InvestmentCompanyDividendDistribution
26164 usd
us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company licenses proprietary products and protocols to customers under licensing agreements that allow those customers to access the products and protocols in services they provide to their customers during the term of the license agreement. The timing and amount of revenue recognized from license agreements depends upon a variety of factors, including the specific terms of each agreement. Such agreements are reviewed for multiple performance obligations. Performance obligations can include amounts related to initial non-refundable license fees for the use of the Company’s products and protocols and additional royalties on covered services.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company granted license and sub-license agreements for various regions or States in the United States allowing the licensee to market, distributes and sell solely in the defined license territory, as defined, the products provided by the Company. The agreements are granted for a defined period or perpetual and are effective as long as annual milestones are achieved.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Terms for payments for licensee agreements vary from full cash payment to defined terms. In cases where license or sub-license fees are uncollected and deferred; the Company nets those uncollected fees with the deferred revenue for balance sheet presentation.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company amortizes license fees over the shorter of the economic life of the related contract life or contract terms for each licensee.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On October 1, 2019, the Company launched the UnCraveRx™ Weight Loss Management Program. Customers are charged a membership fee and are requested to pay for three training programs at inception. The payments are recorded as deferred revenue until earned.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The following table presents the changes in deferred revenue, reflected as current and long term liabilities on the Company’s unaudited condensed consolidated balance sheet:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Balance as of December 31, 2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Short term</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Long term</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">4,045</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Total as of December 31, 2023</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4,045</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Net sales recognized</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(4,045 </td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Balance as of September 30, 2024</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
47980 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
594025 usd
bicx Schedule Of Prepaid Expenses Table Textblock
ScheduleOfPrepaidExpensesTableTextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>S</strong><strong>eptember</strong><strong> 30,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>December 31,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2024</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2023</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Prepaid insurance</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:11%;vertical-align:bottom;text-align:right;">30,291</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:11%;vertical-align:bottom;text-align:right;">18,511</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Prepaid subscription services</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:right;">8,546</td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:right;">26,380</td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;vertical-align:bottom;text-align:right;">38,837</td><td style="PADDING-BOTTOM: 3px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;vertical-align:bottom;text-align:right;">44,891</td><td style="PADDING-BOTTOM: 3px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
208709 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
133677 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
169443 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10945 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
208709 usd
bicx Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P4Y7M6D
CY2023 bicx Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P1Y
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8143 usd
CY2024Q3 bicx Accrual Of Interest And Loss On Contingency
AccrualOfInterestAndLossOnContingency
402677 usd
CY2023Q4 bicx Accrual Of Interest And Loss On Contingency
AccrualOfInterestAndLossOnContingency
322000 usd
CY2023Q4 bicx Payables To Customers Payroll
PayablesToCustomersPayroll
0 usd
CY2024Q3 us-gaap Notes Payable Current
NotesPayableCurrent
1288290 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
606750 usd
CY2024Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
77295 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-34338 usd
CY2023Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
121774 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
358882 usd
us-gaap Interest And Debt Expense
InterestAndDebtExpense
355662 usd
bicx Royalty Agreements Description
RoyaltyAgreementsDescription
each party would purchase shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in the aggregate amount of $3,000,000 at a purchase price of $15.00 per share (the “Purchase Price”), for a total of 200,000 shares of Common Stock; and (ii) the Company shall pay each (a) a total of $37.50 from the gross revenue derived from each of its weight loss treatments sold in the United States starting on the first (1st) day that the first unit of the treatment is sold (the “Initial Sales Date”) and ending on the third (3rd) anniversary of the Initial Sales Date; and (b) a total of $25.00 from the gross revenue derived from each of its weight loss treatments sold in the United States starting on the day following the third (3rd) anniversary of the Initial Sales Date and ending on the fifteenth (15th) anniversary of the Initial Sales Date (the “Royalty”)
bicx Expected Life Of Arrangement
ExpectedLifeOfArrangement
P15Y
us-gaap Other Noncash Expense
OtherNoncashExpense
7171200 usd
CY2024Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
121774 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
358882 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
355662 usd
us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
183606 shares
us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
180000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8674029 shares
bicx Share Based Goods And Nonemployee Services Transactions Valuation Method Expected Dividend Rate
ShareBasedGoodsAndNonemployeeServicesTransactionsValuationMethodExpectedDividendRate
0.0000 pure
bicx First Payment Owed
FirstPaymentOwed
0 usd
bicx Compensation For Services Descriptions
CompensationForServicesDescriptions
As of May 14, 2021, the Company has entered into four consulting agreements. In compensation for services: (i) one consultant shall receive a remuneration amount of $10,000-$12,500 per month and has earned 1% of the Company’s majority owned subsidiary, BioCorRx Pharmaceuticals as of May 7, 2021 based on FDA clearance of Company’s IND application; consulting agreement terminated in April 2021 (ii) one consultant shall receive common stock equivalent to $1,375 on the last day of each month; (iii) two consultants shall receive common stock equivalent to $3,750 on the last day of each month; and (iv) one consultant shall receive a remuneration amount of $3,500 per month
us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
79492 usd
bicx Recognized Gain Loss On Contingency
RecognizedGainLossOnContingency
-323184 usd

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