$BNET
BION ENVIRONMENTAL TECHNOLOGIES INC

2016 Q1 Form 10-Q Financial Statement

#000094883016000114 Filed on May 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1 2014
Revenue $3.658K $3.658K $10.00K
YoY Change 0.0% 0.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $500.0K $1.240M $2.270M
YoY Change -59.68% 254.29% -66.96%
% of Gross Profit
Research & Development $63.38K $213.0K $130.0K
YoY Change -70.25% 166.28% -31.58%
% of Gross Profit
Depreciation & Amortization $68.99K $156.0K $980.0K
YoY Change -55.77% -35.0% 7.69%
% of Gross Profit
Operating Expenses $634.0K $1.607M $3.380M
YoY Change -60.54% 136.27% -57.59%
Operating Profit -$630.3K -$1.603M
YoY Change -60.68%
Interest Expense $89.17K $77.74K -$400.0K
YoY Change 14.7% -177.74% 37.93%
% of Operating Profit
Other Income/Expense, Net -$89.17K -$77.74K $0.00
YoY Change 14.7%
Pretax Income -$720.0K -$1.680M -$5.760M
YoY Change -57.14% 118.18% -30.18%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$718.4K -$1.673M -$5.762M
YoY Change -57.05% 117.23% -30.07%
Net Earnings / Revenue -19640.02% -45726.85% -57620.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$31.45K -$80.13K -$309.0K
COMMON SHARES
Basic Shares Outstanding 22.89M 20.84M
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.00K $500.0K $190.0K
YoY Change -88.0% 66.67% 375.0%
Cash & Equivalents $55.59K $500.1K
Short-Term Investments
Other Short-Term Assets $30.00K $30.00K $30.00K
YoY Change 0.0% 0.0% -70.0%
Inventory
Prepaid Expenses $16.61K
Receivables $32.73K
Other Receivables $7.108K
Total Short-Term Assets $112.0K $520.0K $240.0K
YoY Change -78.46% 57.58% 33.33%
LONG-TERM ASSETS
Property, Plant & Equipment $1.761M $3.880M $4.350M
YoY Change -54.6% -41.12% -40.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.761M $3.890M $4.350M
YoY Change -54.72% -41.06% -40.65%
TOTAL ASSETS
Total Short-Term Assets $112.0K $520.0K $240.0K
Total Long-Term Assets $1.761M $3.890M $4.350M
Total Assets $1.873M $4.410M $4.590M
YoY Change -57.52% -36.36% -38.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.530M $1.260M $1.430M
YoY Change 21.43% -7.35% 41.58%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $450.0K $2.120M
YoY Change -100.0% -79.64% 657.14%
Long-Term Debt Due $7.750M $7.750M $7.750M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $10.75M $10.08M $12.02M
YoY Change 6.67% -16.0% 25.6%
LONG-TERM LIABILITIES
Long-Term Debt $3.250M $2.630M $0.00
YoY Change 23.57% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $3.250M $2.630M $0.00
YoY Change 23.57% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.75M $10.08M $12.02M
Total Long-Term Liabilities $3.250M $2.630M $0.00
Total Liabilities $14.00M $12.77M $12.10M
YoY Change 9.65% 5.71% 10.3%
SHAREHOLDERS EQUITY
Retained Earnings -$114.0M
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$12.19M -$8.370M -$7.510M
YoY Change
Total Liabilities & Shareholders Equity $1.873M $4.410M $4.590M
YoY Change -57.52% -36.36% -38.88%

Cashflow Statement

Concept 2016 Q1 2015 Q1 2014
OPERATING ACTIVITIES
Net Income -$718.4K -$1.673M -$5.762M
YoY Change -57.05% 117.23% -30.07%
Depreciation, Depletion And Amortization $68.99K $156.0K $980.0K
YoY Change -55.77% -35.0% 7.69%
Cash From Operating Activities -$180.0K -$280.0K -$990.0K
YoY Change -35.71% 27.27% -47.62%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $60.00K
YoY Change -100.0%
Cash From Investing Activities -$10.00K $0.00 $60.00K
YoY Change -100.0% -200.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 60.00K 770.0K 1.080M
YoY Change -92.21% 75.0% -32.08%
NET CHANGE
Cash From Operating Activities -180.0K -280.0K -990.0K
Cash From Investing Activities -10.00K 0.000 60.00K
Cash From Financing Activities 60.00K 770.0K 1.080M
Net Change In Cash -130.0K 490.0K 150.0K
YoY Change -126.53% 63.33% -141.67%
FREE CASH FLOW
Cash From Operating Activities -$180.0K -$280.0K -$990.0K
Capital Expenditures -$10.00K $0.00
Free Cash Flow -$170.0K -$990.0K
YoY Change -45.9%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
bnet Common Stock Voting Rights Votes Per Share
CommonStockVotingRightsVotesPerShare
1
CY2016Q1 bnet Computers And Office Equipment Gross
ComputersAndOfficeEquipmentGross
176254
CY2015Q2 bnet Computers And Office Equipment Gross
ComputersAndOfficeEquipmentGross
175248
bnet Deferred Compensation Consecutive Trading Days
DeferredCompensationConsecutiveTradingDays
P10D
bnet Deferred Compensation Conversion Days
DeferredCompensationConversionDays
P5D
CY2016Q1 bnet Interest Rate On Deferred Compensation
InterestRateOnDeferredCompensation
0.04
bnet Modification Of Options
ModificationOfOptions
42550
bnet Proceeds From The Sale Ofunits
ProceedsFromTheSaleOfunits
208000
bnet Proceeds From The Sale Ofunits
ProceedsFromTheSaleOfunits
893720
CY2016Q1 bnet Promissory Note Receivable For Shares
PromissoryNoteReceivableForShares
72727
CY2016Q1 bnet Promissory Note Receivable For Shares
PromissoryNoteReceivableForShares
72727
CY2015Q2 bnet Promissory Note Receivable For Shares
PromissoryNoteReceivableForShares
bnet Sale Of Units Value
SaleOfUnitsValue
240727
CY2015Q4 bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309
CY2014Q4 bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309
CY2015Q2 bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309
CY2014Q2 bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22855964
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19927655
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19576619
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22374380
bnet Warrants Exercised For Common Stock
WarrantsExercisedForCommonStock
216962
bnet Weighted Average Exercise Price For Outstanding Warrants
WeightedAverageExercisePriceForOutstandingWarrants
1.23
CY2016Q1 bnet Weighted Average Number Of Shares Issued During Period
WeightedAverageNumberOfSharesIssuedDuringPeriod
62308
CY2015Q1 bnet Weighted Average Number Of Shares Issued During Period
WeightedAverageNumberOfSharesIssuedDuringPeriod
937539
bnet Weighted Average Number Of Shares Issued During Period
WeightedAverageNumberOfSharesIssuedDuringPeriod
560510
bnet Weighted Average Number Of Shares Issued During Period
WeightedAverageNumberOfSharesIssuedDuringPeriod
543430
bnet Weighted Average Remaining Contractual Life For Outstanding Warrants
WeightedAverageRemainingContractualLifeForOutstandingWarrants
P4Y
CY2016Q1 bnet Weighted Average Shares For Fully Vested Stock Bonuses
WeightedAverageSharesForFullyVestedStockBonuses
675000
CY2015Q1 bnet Weighted Average Shares For Fully Vested Stock Bonuses
WeightedAverageSharesForFullyVestedStockBonuses
675000
bnet Weighted Average Shares For Fully Vested Stock Bonuses
WeightedAverageSharesForFullyVestedStockBonuses
642701
bnet Weighted Average Shares For Fully Vested Stock Bonuses
WeightedAverageSharesForFullyVestedStockBonuses
675000
CY2016Q1 bnet Working Capital
WorkingCapital
-10641000
CY2016Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1530425
CY2015Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1353168
CY2016Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
32727
CY2015Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
13125
CY2016Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2723513
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2506731
CY2016Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
101924963
CY2015Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
100889127
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
18300
CY2016Q1 us-gaap Assets
Assets
1873476
CY2015Q2 us-gaap Assets
Assets
2355241
CY2016Q1 us-gaap Assets Current
AssetsCurrent
112033
CY2015Q2 us-gaap Assets Current
AssetsCurrent
378022
CY2016Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1385125
CY2015Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1385125
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
339286
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
186148
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55588
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
500147
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-283698
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
313999
CY2016Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
8300000
CY2013Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
100000
CY2016Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2015Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2016Q1 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
32727
CY2015Q1 us-gaap Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
CY2016Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2016Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23078689
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22089650
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
21385341
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22151655
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19223346
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18872310
CY2016Q1 us-gaap Common Stock Value
CommonStockValue
0
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
0
CY2016Q1 us-gaap Construction Loan
ConstructionLoan
7800000
CY2016Q1 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
3249648
CY2015Q2 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
2654708
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
106099
CY2016Q1 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1441309
CY2015Q2 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
839288
CY2016Q1 us-gaap Depreciation
Depreciation
68992
CY2015Q1 us-gaap Depreciation
Depreciation
156000
us-gaap Depreciation
Depreciation
220954
us-gaap Depreciation
Depreciation
468043
CY2016Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
9500
us-gaap Dividends Preferred Stock
DividendsPreferredStock
1500
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
CY2016Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
14870
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-30000
us-gaap Increase In Restricted Cash
IncreaseInRestrictedCash
us-gaap Increase In Restricted Cash
IncreaseInRestrictedCash
2000
CY2016Q1 us-gaap Interest Expense
InterestExpense
88670
us-gaap Net Income Loss
NetIncomeLoss
-2345261
us-gaap Net Income Loss
NetIncomeLoss
-3041295
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-532
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-8023
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
501584
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1237604
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1559584
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1928141
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2015 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1750000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
29135
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-174565
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
757200
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
731204
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1893
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1325
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-13125
CY2015Q1 us-gaap Interest Expense
InterestExpense
77740
us-gaap Interest Expense
InterestExpense
289331
us-gaap Interest Expense
InterestExpense
275043
us-gaap Interest Paid
InterestPaid
us-gaap Interest Paid
InterestPaid
us-gaap Investment Income Interest
InvestmentIncomeInterest
2727
CY2016Q1 us-gaap Liabilities
Liabilities
14002282
CY2015Q2 us-gaap Liabilities
Liabilities
13098794
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1873476
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2355241
CY2016Q1 us-gaap Liabilities Current
LiabilitiesCurrent
10752634
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
10444086
CY2016Q1 us-gaap Loans Payable Current
LoansPayableCurrent
7754000
CY2015Q2 us-gaap Loans Payable Current
LoansPayableCurrent
7754000
CY2016Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2923577
CY2015Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
2923577
CY2016Q1 us-gaap Minority Interest
MinorityInterest
60279
CY2015Q2 us-gaap Minority Interest
MinorityInterest
63380
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
422514
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
888448
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5178
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-701034
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-574449
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-718432
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-1672688
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
184689
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3101
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10122
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-718932
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1673188
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2346761
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3042795
CY2016Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-88670
CY2015Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-77740
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-289331
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-275043
CY2016Q1 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
CY2015Q2 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
472230
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
633952
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
1606629
us-gaap Operating Expenses
OperatingExpenses
2062689
us-gaap Operating Expenses
OperatingExpenses
2780032
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-630294
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1602971
us-gaap Operating Income Loss
OperatingIncomeLoss
-2059031
us-gaap Operating Income Loss
OperatingIncomeLoss
-2776374
us-gaap Other Noncash Expense
OtherNoncashExpense
289643
us-gaap Other Noncash Expense
OtherNoncashExpense
313498
CY2016Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
7108
CY2015Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
7108
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
176717
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
105000
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
18300
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
61522
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5178
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
CY2016Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
500
CY2015Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
500
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1500
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1500
CY2016Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
16610
CY2015Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
18503
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
35000
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
26250
CY2015 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1000940
CY2014 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
944400
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
CY2015 us-gaap Profit Loss
ProfitLoss
-5640000
CY2014 us-gaap Profit Loss
ProfitLoss
-5762000
us-gaap Profit Loss
ProfitLoss
-2348362
us-gaap Profit Loss
ProfitLoss
-3051417
CY2016Q1 us-gaap Profit Loss
ProfitLoss
-718964
CY2015Q1 us-gaap Profit Loss
ProfitLoss
-1680711
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4484956
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4483950
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1761443
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1977219
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
63376
CY2015Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
213025
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
282151
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
383848
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-114041321
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-111696060
CY2016Q1 us-gaap Revenues
Revenues
3658
CY2015Q1 us-gaap Revenues
Revenues
3658
us-gaap Revenues
Revenues
3658
us-gaap Revenues
Revenues
3658
us-gaap Share Based Compensation
ShareBasedCompensation
348503
us-gaap Share Based Compensation
ShareBasedCompensation
1139463
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4238037
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.82
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
225833
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
397500
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
100000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
957500
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.59
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
81500
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4413870
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4288037
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.88
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.81
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
2.83
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.92
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
81500
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y292D
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
100000
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
50000
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.76
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.76
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y36D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y328D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
97000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
476075
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
150000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.65
us-gaap Stock Issued1
StockIssued1
us-gaap Stock Issued1
StockIssued1
6280
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
222562
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
176717
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
211356
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
94597
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
-12189085
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
-10806933
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-10743553
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-12128806
CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22888963
CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20835885
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22588552
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20090740
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22888963
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20835885
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22588552
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20090740

Files In Submission

Name View Source Status
0000948830-16-000114-index-headers.html Edgar Link pending
0000948830-16-000114-index.html Edgar Link pending
0000948830-16-000114.txt Edgar Link pending
0000948830-16-000114-xbrl.zip Edgar Link pending
bnet-20160331.xml Edgar Link completed
bnet-20160331.xsd Edgar Link pending
bnet-20160331_cal.xml Edgar Link unprocessable
bnet-20160331_def.xml Edgar Link unprocessable
bnet-20160331_lab.xml Edgar Link unprocessable
bnet-20160331_pre.xml Edgar Link unprocessable
ex311.htm Edgar Link pending
ex312.htm Edgar Link pending
ex321.htm Edgar Link pending
ex322.htm Edgar Link pending
f1bion03311610q.htm Edgar Link pending
f2ex101jva.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending