2023 Q1 Form 10-Q Financial Statement

#000107997323000168 Filed on February 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $838.0K $607.5K $618.0K
YoY Change 110.69% -1.69% 111.86%
% of Gross Profit
Research & Development $24.24K $15.15K $54.40K
YoY Change -17.57% -72.15% -64.99%
% of Gross Profit
Depreciation & Amortization $461.00 $394.00 $330.00
YoY Change 84.4% 19.39% 59.42%
% of Gross Profit
Operating Expenses $883.7K $646.1K $672.7K
YoY Change 106.76% -3.96% 50.4%
Operating Profit -$883.7K -$646.1K -$672.7K
YoY Change 106.76% -3.96% 50.4%
Interest Expense $25.83K $85.29K -$117.1K
YoY Change -151.64% -172.83% -138.63%
% of Operating Profit
Other Income/Expense, Net $25.83K -$83.91K $10.12M
YoY Change -96.97% -100.83% -3437.19%
Pretax Income -$857.9K -$730.0K $9.445M
YoY Change -301.83% -107.73% -1358.54%
Income Tax
% Of Pretax Income
Net Earnings -$857.9K -$730.0K $9.445M
YoY Change -301.57% -107.73% -1358.61%
Net Earnings / Revenue
Basic Earnings Per Share -$0.02 -$0.02
Diluted Earnings Per Share -$0.02 -$0.02 $229.9K
COMMON SHARES
Basic Shares Outstanding 43.63M shares 43.63M shares
Diluted Shares Outstanding 45.46M shares 43.62M shares 41.09M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.613M $1.101M $4.948M
YoY Change -55.22% -77.74% 1270.03%
Cash & Equivalents $1.613M $1.101M $4.948M
Short-Term Investments
Other Short-Term Assets $119.1K $78.49K $47.72K
YoY Change 132.3% 64.48% 791.96%
Inventory
Prepaid Expenses $113.1K $77.49K
Receivables
Other Receivables
Total Short-Term Assets $1.732M $1.180M $4.996M
YoY Change -61.98% -76.38% 1263.04%
LONG-TERM ASSETS
Property, Plant & Equipment $5.788M $3.836M $318.7K
YoY Change 190.53% 1103.56% 33309.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $5.895M $3.956M $318.7K
YoY Change 195.9% 1141.22% 33309.85%
TOTAL ASSETS
Total Short-Term Assets $1.732M $1.180M $4.996M
Total Long-Term Assets $5.895M $3.956M $318.7K
Total Assets $7.627M $5.136M $5.315M
YoY Change 16.48% -3.36% 1346.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $800.9K $523.3K $212.3K
YoY Change -34.24% 146.52% -64.62%
Accrued Expenses $12.44K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $1.585M $1.237M $990.4K
YoY Change -9.08% 24.94% -91.31%
LONG-TERM LIABILITIES
Long-Term Debt $1.736M $5.300M $5.076M
YoY Change -66.12% 4.42% 7.76%
Other Long-Term Liabilities $120.0K $135.4K $122.6K
YoY Change -4.57% 10.46%
Total Long-Term Liabilities $1.855M $5.435M $5.198M
YoY Change -64.65% 4.56% 10.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.585M $1.237M $990.4K
Total Long-Term Liabilities $1.855M $5.435M $5.198M
Total Liabilities $3.441M $6.673M $6.227M
YoY Change -51.06% 7.17% -61.33%
SHAREHOLDERS EQUITY
Retained Earnings -$126.6M -$125.7M
YoY Change
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.149M -$1.574M -$912.0K
YoY Change
Total Liabilities & Shareholders Equity $7.627M $5.136M $5.315M
YoY Change 16.48% -3.36% 1346.23%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4
OPERATING ACTIVITIES
Net Income -$857.9K -$730.0K $9.445M
YoY Change -301.57% -107.73% -1358.61%
Depreciation, Depletion And Amortization $461.00 $394.00 $330.00
YoY Change 84.4% 19.39% 59.42%
Cash From Operating Activities -$559.3K -$606.0K -$503.0K
YoY Change 106.5% 20.48% 78.73%
INVESTING ACTIVITIES
Capital Expenditures $1.664M $416.8K -$84.64K
YoY Change -254.76% -592.44%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.664M -$416.8K -$84.64K
YoY Change 54.76% 392.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.735M 226.2K 1.574M
YoY Change -85.62% 413.4%
NET CHANGE
Cash From Operating Activities -559.3K -606.0K -503.0K
Cash From Investing Activities -1.664M -416.8K -84.64K
Cash From Financing Activities 2.735M 226.2K 1.574M
Net Change In Cash 511.5K -796.5K 986.0K
YoY Change -138.0% -180.79% 3831.22%
FREE CASH FLOW
Cash From Operating Activities -$559.3K -$606.0K -$503.0K
Capital Expenditures $1.664M $416.8K -$84.64K
Free Cash Flow -$2.223M -$1.023M -$418.3K
YoY Change -376.39% 144.49%

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GainOnLegalDissolutionsOfSubsidiary
10234501 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
724 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
580 usd
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OtherNoncashExpense
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us-gaap Share Based Compensation
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ShareBasedCompensation
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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127250 usd
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IncreaseDecreaseInPrepaidExpense
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IncreaseDecreaseInPrepaidExpense
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IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
170000 usd
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
179867 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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bnet Proceeds From Sale Of Units
ProceedsFromSaleOfUnits
546230 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
56125 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1736662 usd
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PaymentsForRepurchaseOfWarrants
18601 usd
bnet Redemption Of Preferred Series B Shares And Interest
RedemptionOfPreferredSeriesBSharesAndInterest
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
602355 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1677061 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2058992 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3160442 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4216321 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1101450 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4948282 usd
bnet Conversion Of Debt And Liabilities Into Common Units
ConversionOfDebtAndLiabilitiesIntoCommonUnits
50000 usd
bnet Conversion Of Debt And Liabilities Into Common Units
ConversionOfDebtAndLiabilitiesIntoCommonUnits
17711 usd
bnet Conversion Of Debt And Liabilities Into Notes Payable
ConversionOfDebtAndLiabilitiesIntoNotesPayable
23943 usd
bnet Conversion Of Deferred Compensation To Notes Payable
ConversionOfDeferredCompensationToNotesPayable
60000 usd
bnet Conversion Of Deferred Compensation To Notes Payable
ConversionOfDeferredCompensationToNotesPayable
190000 usd
bnet Capitalized Interest In Property And Equipment
CapitalizedInterestInPropertyAndEquipment
66104 usd
bnet Shares Issued For Warrant Exercise Commissions
SharesIssuedForWarrantExerciseCommissions
50145 usd
bnet Purchase Of Property And Equipment For Accounts Payable
PurchaseOfPropertyAndEquipmentForAccountsPayable
135673 usd
bnet Purchase Of Property And Equipment For Accounts Payable
PurchaseOfPropertyAndEquipmentForAccountsPayable
54800 usd
bnet Cattle Per Head
CattlePerHead
300 decimal
bnet Techwastage
Techwastage
1500 decimal
bnet Percentage Of Sustainable
PercentageOfSustainable
0.295 pure
bnet Description Of Kreider2 Poultry Project
DescriptionOfKreider2PoultryProject
Bion has done extensive pre-development work related to a waste treatment/renewable energy production facility to treat the waste from KF’s approximately 6+ million chickens (planned to expand to approximately 9-10 million) (and potentially other poultry operations and/or other waste streams) ('Kreider Renewable Energy Facility' or ‘Kreider 2 Project’). On May 5, 2016, the Company executed a stand-alone joint venture agreement (“JVA”) with Kreider Farms covering all matters related to development and operation of Kreider 2 system to treat the waste streams from Kreider’s poultry facilities in Bion PA2 LLC (“PA2”). Now that development of the Company’s Gen3Tech is being deployed, the Company has commenced discussions with KF regarding updating and amending the JV agreement and anticipates executing an amended joint venture agreement during 2023. During May 2011 the PADEP certified a smaller version of the Kreider 2 Project (utilizing our 2nd generation technology) under the old EPA’s Chesapeake Bay model. The Company anticipates that if and when new designs are finalized utilizing our Gen3Tech, a larger Kreider 2 Project will be re-certified for a far larger number of credits (management’s current estimates are between 2-4 million (or more) nutrient reduction credits for treatment of the waste stream from Kreider’s poultry pursuant to the amended EPA Chesapeake Bay model and agreements between the EPA and PA).
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3451000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8291000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
10235000 usd
CY2022 bnet Gain On Sale Of Domain Amount
GainOnSaleOfDomainAmount
902490 usd
bnet Operating Loss
OperatingLoss
1649000 usd
CY2022Q4 bnet Working Capital
WorkingCapital
58000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-1574447 usd
CY2022 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1737000 usd
CY2021 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
5209000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
602000 usd
CY2018 bnet Deferred Compensation Liability Amount Cancelled
DeferredCompensationLiabilityAmountCancelled
2404000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84F_eus-gaap--ConcentrationRiskCreditRisk_zOB3DTxKXks5" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86C_zYBFHUzNpcd4">Concentrations of credit risk</span>:</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company's financial instruments that are exposed to concentrations of credit risk consist of cash. The Company's cash is in demand deposit accounts placed with federally insured financial institutions and selected brokerage accounts. Such deposit accounts at times may exceed federally insured limits. The Company has not experienced any losses on such accounts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2022Q4 bnet Shares Issued Beginning Of Period
SharesIssuedBeginningOfPeriod
44303654 shares
CY2021Q4 bnet Shares Issued Beginning Of Period
SharesIssuedBeginningOfPeriod
41475573 shares
bnet Shares Issued Beginning Of Period
SharesIssuedBeginningOfPeriod
43758820 shares
bnet Shares Issued Beginning Of Period
SharesIssuedBeginningOfPeriod
41315986 shares
CY2022Q4 bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309 shares
CY2021Q4 bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309 shares
bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309 shares
bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309 shares
CY2022Q4 bnet Shares Outstanding Beginning Of Period
SharesOutstandingBeginningOfPeriod
43599345 shares
CY2021Q4 bnet Shares Outstanding Beginning Of Period
SharesOutstandingBeginningOfPeriod
40771264 shares
bnet Shares Outstanding Beginning Of Period
SharesOutstandingBeginningOfPeriod
43054511 shares
bnet Shares Outstanding Beginning Of Period
SharesOutstandingBeginningOfPeriod
40611677 shares
CY2022Q4 bnet Weighted Average Shares Issued During Period
WeightedAverageSharesIssuedDuringPeriod
20706 shares
CY2021Q4 bnet Weighted Average Shares Issued During Period
WeightedAverageSharesIssuedDuringPeriod
317728 shares
bnet Weighted Average Shares Issued During Period
WeightedAverageSharesIssuedDuringPeriod
479278 shares
bnet Weighted Average Shares Issued During Period
WeightedAverageSharesIssuedDuringPeriod
292665 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43620051 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41088992 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43533789 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40904342 shares
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_846_eus-gaap--UseOfEstimates_zSHQWx9BKd0j" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_86D_zzIlqZONdYJl">Use of estimates</span>:</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In preparing the Company’s consolidated financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
CY2022Q4 bnet Computers And Office Equipment
ComputersAndOfficeEquipment
15156 usd
CY2022Q2 bnet Computers And Office Equipment
ComputersAndOfficeEquipment
13598 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3831927 usd
CY2022Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2892222 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3847083 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2905820 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10986 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10262 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
3836097 usd
CY2022Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2895558 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
98104 usd
bnet Non Cash Compensation
NonCashCompensation
135648 usd
CY2022Q4 us-gaap Depreciation
Depreciation
394 usd
CY2021Q4 us-gaap Depreciation
Depreciation
332 usd
us-gaap Depreciation
Depreciation
724 usd
us-gaap Depreciation
Depreciation
580 usd
CY2022Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
714222 usd
CY2021Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
477374 usd
CY2022Q4 bnet Interest Rate On Deferred Compensation
InterestRateOnDeferredCompensation
0.04 pure
bnet Deferred Compensation Consecutive Trading Days
DeferredCompensationConsecutiveTradingDays
P10D
CY2022Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
80000 usd
CY2021Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
0 usd
CY2021Q4 us-gaap Assets
Assets
297 usd
CY2021Q4 us-gaap Liabilities
Liabilities
10154334 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
9939148 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
214235 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
950 usd
CY2021Q4 us-gaap Assets
Assets
0 usd
CY2021Q4 us-gaap Liabilities
Liabilities
10234501 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
10009802 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
212263 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12436 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
10234501 usd
CY2021Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
9868495 usd
CY2022Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.50
CY2022Q4 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
35416 usd
CY2021Q4 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
0 usd
us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
66104 usd
us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
0 usd
bnet Redemption Of Convertible Preferred Stock
RedemptionOfConvertiblePreferredStock
41000 usd
bnet Shares Held By Subsidiaries
SharesHeldBySubsidiaries
704309 shares
bnet Class Of Warrant Or Right Exercised During Period
ClassOfWarrantOrRightExercisedDuringPeriod
74834 shares
bnet Common Stock Shares Issued Upon Exercise Of Warrants
CommonStockSharesIssuedUponExerciseOfWarrants
74834 shares
bnet Warrants Exercised For Common Stock
WarrantsExercisedForCommonStock
56125 usd
CY2022Q4 bnet Sale Of Unit Price Per Unit
SaleOfUnitPricePerUnit
1.00
CY2022Q4 us-gaap Share Price
SharePrice
0.75
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
546230 shares
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
546230 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
20700000 shares
CY2022Q2 bnet Sharebased Compensation Granted
SharebasedCompensationGranted
720000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11201600 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.80
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y8M12D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4429263 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11201600 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.79
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y2M23D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5757755 usd
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
CY2022Q2 bnet Compensation Increased
CompensationIncreased
25000 usd
CY2021Q4 bnet Exercise Bonus
ExerciseBonus
0.75 pure
bnet Warrants Held By Trust Owned
WarrantsHeldByTrustOwned
3000000 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
17698381 usd
CY2022Q1 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
2665500 usd
CY2022Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.25 pure
CY2022Q1 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
666375 usd
CY2022Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.25 pure
CY2022Q1 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
666375 usd
CY2022Q3 bnet Aggregate Payment
AggregatePayment
1999125 usd
CY2022Q1 bnet Sale Of Domain Description
SaleOfDomainDescription
the Company entered into an agreement to sell domain name <biontech.com> and other related assets to BioNTech SE (“BNTX”) for the sum of $950,000 (before expenses related to the transaction) which sale was closed/completed on April 2, 2022 with a one-time gain of $902,490.
CY2021Q4 us-gaap Long Term Construction Loan Current
LongTermConstructionLoanCurrent
10010000 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
2255802 usd
CY2021Q4 us-gaap Assets
Assets
297 usd
CY2021Q4 us-gaap Liabilities
Liabilities
10154334 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
9939148 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
214235 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
950 usd
CY2021Q4 us-gaap Assets
Assets
0 usd
CY2021Q4 us-gaap Liabilities
Liabilities
10234501 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
10009802 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
212263 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12436 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
10234501 usd
CY2021Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
9868495 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
75000 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
75000 usd
CY2022Q4 bnet Undiscounted Cash Flow
UndiscountedCashFlow
150000 usd
CY2022Q4 bnet Less Imputed Interest
LessImputedInterest
-14557 usd
CY2022Q4 us-gaap Capital Leases Contingent Rental Payments Due
CapitalLeasesContingentRentalPaymentsDue
135443 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y29D
CY2022Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.10 pure
CY2022Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
3470000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
50000 shares
CY2022Q4 bnet Granted Options Exercisable
GrantedOptionsExercisable
2.00

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