2015 Q3 Form 10-Q Financial Statement

#000114420415067511 Filed on November 23, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q4 2014 Q3
Revenue $96.12K $80.00K $159.9K
YoY Change -39.9% 127844.0%
Cost Of Revenue $50.92K $110.0K $66.12K
YoY Change -22.98% 661050.0%
Gross Profit $45.20K -$30.00K $93.82K
YoY Change -51.82% 81478.26%
Gross Profit Margin 47.02% -37.5% 58.66%
Selling, General & Admin $920.0K $940.0K $700.0K
YoY Change 31.43%
% of Gross Profit 2035.35% 746.15%
Research & Development $615.6K $350.0K $290.7K
YoY Change 111.78% -29.94%
% of Gross Profit 1362.02% 309.87%
Depreciation & Amortization $60.00K $30.00K $20.00K
YoY Change 200.0%
% of Gross Profit 132.74% 21.32%
Operating Expenses $1.535M $1.290M $989.8K
YoY Change 55.09% -12.34%
Operating Profit -$1.490M -$1.320M -$896.0K
YoY Change 66.28% -20.64%
Interest Expense $80.65K -$150.0K $74.78K
YoY Change 7.85% 33.45%
% of Operating Profit
Other Income/Expense, Net -$133.9K -$20.00K -$204.4K
YoY Change -34.49% 17.49%
Pretax Income -$1.620M -$1.480M -$1.100M
YoY Change 47.27%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.624M -$1.480M -$1.100M
YoY Change 47.56% -15.55%
Net Earnings / Revenue -1689.35% -1850.0% -688.08%
Basic Earnings Per Share
Diluted Earnings Per Share -$572.4K -$925.0K -$814.8K
COMMON SHARES
Basic Shares Outstanding 2.826M shares 31.46M shares 26.80M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q3 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00K $90.00K $370.0K
YoY Change -97.3%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $370.0K $20.00K $30.00K
YoY Change 1133.33%
Inventory $2.492K $1.945K $17.39K
Prepaid Expenses
Receivables $0.00 $0.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $385.0K $114.3K $421.5K
YoY Change -8.66% -52.33%
LONG-TERM ASSETS
Property, Plant & Equipment $662.5K $493.9K $73.58K
YoY Change 800.44% 1288.48%
Goodwill
YoY Change
Intangibles $1.057M $1.038M $1.055M
YoY Change 0.22% -6.3%
Long-Term Investments
YoY Change
Other Assets $50.00K $50.00K $50.00K
YoY Change 0.0%
Total Long-Term Assets $1.766M $1.577M $1.175M
YoY Change 50.33% 38.0%
TOTAL ASSETS
Total Short-Term Assets $385.0K $114.3K $421.5K
Total Long-Term Assets $1.766M $1.577M $1.175M
Total Assets $2.151M $1.692M $1.596M
YoY Change 34.75% 22.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.110M $1.112M $774.1K
YoY Change 172.62% -12.45%
Accrued Expenses $1.969M $1.467M $1.220M
YoY Change 61.38% 24.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.240M $5.690M $5.170M
YoY Change -76.02%
Total Short-Term Liabilities $5.465M $8.525M $7.428M
YoY Change -26.42% 13.63%
LONG-TERM LIABILITIES
Long-Term Debt $420.0K $50.00K $620.0K
YoY Change -32.26%
Other Long-Term Liabilities $40.00K $10.00K $0.00
YoY Change
Total Long-Term Liabilities $460.0K $60.00K $620.0K
YoY Change -25.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.465M $8.525M $7.428M
Total Long-Term Liabilities $460.0K $60.00K $620.0K
Total Liabilities $5.927M $8.580M $8.054M
YoY Change -26.41% 6.35%
SHAREHOLDERS EQUITY
Retained Earnings -$30.20M -$25.40M
YoY Change 28.2%
Common Stock $2.882K $1.726K $31.58K
YoY Change -90.87% -91.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $32.00K $32.00K $32.00K
YoY Change 0.0% 0.0%
Treasury Stock Shares 27.93K shares 27.93K shares 558.6K shares
Shareholders Equity -$3.776M -$6.888M -$6.458M
YoY Change
Total Liabilities & Shareholders Equity $2.151M $1.692M $1.596M
YoY Change 34.75% 22.34%

Cashflow Statement

Concept 2015 Q3 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$1.624M -$1.480M -$1.100M
YoY Change 47.56% -15.55%
Depreciation, Depletion And Amortization $60.00K $30.00K $20.00K
YoY Change 200.0%
Cash From Operating Activities -$590.0K -$640.0K -$830.0K
YoY Change -28.92%
INVESTING ACTIVITIES
Capital Expenditures -$210.0K -$170.0K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$210.0K -$170.0K $0.00
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 790.0K 520.0K 1.150M
YoY Change -31.3%
NET CHANGE
Cash From Operating Activities -590.0K -640.0K -830.0K
Cash From Investing Activities -210.0K -170.0K 0.000
Cash From Financing Activities 790.0K 520.0K 1.150M
Net Change In Cash -10.00K -290.0K 320.0K
YoY Change -103.12%
FREE CASH FLOW
Cash From Operating Activities -$590.0K -$640.0K -$830.0K
Capital Expenditures -$210.0K -$170.0K $0.00
Free Cash Flow -$380.0K -$470.0K -$830.0K
YoY Change -54.22%

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CY2014Q4 us-gaap Notes Payable
NotesPayable
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CY2015Q3 us-gaap Notes Payable
NotesPayable
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brtx Note Payable Principal Issued
NotePayablePrincipalIssued
1103018 USD
us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
5000 USD
brtx Exchanges For Equity
ExchangesForEquity
5020478 USD
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
188333 USD
brtx Recognition Of Debt Discount
RecognitionOfDebtDiscount
186635 USD
CY2015Q1 brtx Class Of Warrant Or Rightst Expiration Date
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2015-12-31
CY2015Q3 us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
0 USD
CY2015Q3 us-gaap Operating Leases Rent Expense Net
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CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.16
us-gaap Share Based Goods And Nonemployee Services Transaction Quantity Of Securities Issued
ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
27698 shares
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
141647 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
97000 USD
CY2014Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17000 USD
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q2 brtx Class Of Warrant Or Righst Expiration Date
ClassOfWarrantOrRighstExpirationDate
2017-12-31
CY2015Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5000 shares
CY2015Q3 brtx Warrant Or Right Expense Or Revenue Recognized
WarrantOrRightExpenseOrRevenueRecognized
6215 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.52
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.60
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.40
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.80
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
779200 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
66000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
35000 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
810200 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
476160 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.18
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.94
brtx Share Based Compensation Arrangements By Share Based Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y3M18D
CY2015Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.80
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.34
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 brtx Debt Instrument Unamortized Debt Discount Current Portion
DebtInstrumentUnamortizedDebtDiscountCurrentPortion
66501 USD
CY2014Q4 brtx Debt Instrument Unamortized Debt Discount Current Portion
DebtInstrumentUnamortizedDebtDiscountCurrentPortion
113257 USD
CY2015Q3 brtx Debt Instrument Unamortized Debt Discount Noncurrent Portion
DebtInstrumentUnamortizedDebtDiscountNoncurrentPortion
7818 USD
CY2014Q4 brtx Debt Instrument Unamortized Debt Discount Noncurrent Portion
DebtInstrumentUnamortizedDebtDiscountNoncurrentPortion
0 USD
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2882200 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1725596 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2854268 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1697664 shares
CY2015Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
27932 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
27932 shares
brtx Share Rounding Dueto Reverse Stock Value Split
ShareRoundingDuetoReverseStockValueSplit
0 USD
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
0 USD
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
45900 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Use of Estimates</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the periods. The Company&#8217;s significant estimates and assumptions include the recoverability and useful lives of long-lived assets, the fair value of the Company&#8217;s stock, stock-based compensation, warrants issued in connection with notes payable and the valuation allowance related to the Company&#8217;s deferred tax assets. Certain of the Company&#8217;s estimates, including the carrying amount of the intangible assets, could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company&#8217;s estimates and could cause actual results to differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Concentrations and Credit Risk</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Two pharmaceutical clients comprised substantially all of the Company&#8217;s revenue during the three and nine months ended September 30, 2015. See Revenue Recognition &#150; Research and Development Agreements below.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013Q4 us-gaap Loss Contingency Allegations
LossContingencyAllegations
The action was associated with an alleged $5,000 loan made in 2009 and an alleged consulting/employment agreement entered into with the Company effective in 2009.
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
65000 USD
CY2015Q3 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
75000 USD
us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2015-10-30
us-gaap Debt Instrument Convertible Terms Of Conversion Feature
DebtInstrumentConvertibleTermsOfConversionFeature
July 2015 and March 2016
CY2015Q3 brtx Share Based Compensation Exercise Price Range Number Of Outstanding Warrants
ShareBasedCompensationExercisePriceRangeNumberOfOutstandingWarrants
792334 shares
CY2015Q3 brtx Share Based Compensation Exercise Price Range Number Of Exercisable Warrants
ShareBasedCompensationExercisePriceRangeNumberOfExercisableWarrants
757334 shares
brtx Share Based Compensations Exercise Price Range Exercisable Warrant Weighted Average Remaining Contractual Term
ShareBasedCompensationsExercisePriceRangeExercisableWarrantWeightedAverageRemainingContractualTerm
P3Y8M12D
CY2015Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
810200 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P7Y3M18D
CY2015Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
476160 shares
brtx Warrant Or Right Expense Or Revenue Recognized
WarrantOrRightExpenseOrRevenueRecognized
16215 USD
us-gaap Interest Paid
InterestPaid
59603 USD
us-gaap Interest Paid
InterestPaid
76060 USD
brtx Conversion Of Notes Payable And Accruedinterest In To Common Stock
ConversionOfNotesPayableAndAccruedinterestInToCommonStock
201801 USD
brtx Conversion Of Notes Payable And Accruedinterest In To Common Stock
ConversionOfNotesPayableAndAccruedinterestInToCommonStock
327946 USD
brtx Reclassification Of Accrued Interest In Connection With Note Payable Issuance
ReclassificationOfAccruedInterestInConnectionWithNotePayableIssuance
0 USD
brtx Reclassification Of Accrued Interest In Connection With Note Payable Issuance
ReclassificationOfAccruedInterestInConnectionWithNotePayableIssuance
73058 USD
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
86563 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
333117 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
brtx Accrued Purchases Of Property And Equipment
AccruedPurchasesOfPropertyAndEquipment
96441 USD
brtx Accrued Purchases Of Property And Equipment
AccruedPurchasesOfPropertyAndEquipment
0 USD
brtx Indebtedness Satisfied Via Legal Settlement
IndebtednessSatisfiedViaLegalSettlement
0 USD
brtx Indebtedness Satisfied Via Legal Settlement
IndebtednessSatisfiedViaLegalSettlement
5000 USD
brtx Conversion Of Debt Amount Converted
ConversionOfDebtAmountConverted
65000 USD
CY2015Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the Company, the Company implemented a 1-for-20 reverse split
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
74923 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-19650 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
3919 USD
brtx Warrants To Purchase Of Common Stock
WarrantsToPurchaseOfCommonStock
24500 shares
CY2015Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
10.00
CY2015Q3 brtx Options To Purchase Of Common Stock
OptionsToPurchaseOfCommonStock
505250 shares

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