$CELZ
CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC.
Stock
$celz
2017 Q2 Form 10-Q Financial Statement
#000114420417025926 Filed on May 10, 2017
Income Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | $0.00 | $0.00 | |
YoY Change | |||
Gross Profit | $0.00 | $0.00 | |
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $370.0K | $180.0K | $140.0K |
YoY Change | 94.74% | 28.57% | 1300.0% |
% of Gross Profit | |||
Research & Development | $25.19K | $59.83K | $4.364K |
YoY Change | 39.72% | 1271.01% | |
% of Gross Profit | |||
Depreciation & Amortization | $10.00K | $0.00 | $0.00 |
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $396.0K | $240.8K | $147.1K |
YoY Change | 90.29% | 63.7% | 1371.29% |
Operating Profit | -$396.0K | -$240.8K | -$147.8K |
YoY Change | 89.25% | 62.9% | |
Interest Expense | $63.24K | $2.505K | $0.00 |
YoY Change | 5399.13% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$490.4K | -$2.505K | |
YoY Change | 42540.43% | ||
Pretax Income | -$886.4K | -$243.4K | -$150.0K |
YoY Change | 322.07% | 62.23% | 1400.0% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$886.4K | -$243.4K | -$147.8K |
YoY Change | 323.59% | 64.6% | 1378.45% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$6.255K | -$1.736K | -$1.500K |
COMMON SHARES | |||
Basic Shares Outstanding | 106.3M shares | 105.0M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $100.0K | $100.0K | $0.00 |
YoY Change | 233.33% | ||
Cash & Equivalents | $104.4K | $98.12K | $15.14K |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $100.0K | $98.12K | $0.00 |
YoY Change | 233.33% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $199.6K | $98.01K | $0.00 |
YoY Change | 117.73% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $100.0K | $98.12K | $0.00 |
Total Long-Term Assets | $199.6K | $98.01K | $0.00 |
Total Assets | $299.6K | $196.1K | $0.00 |
YoY Change | 146.23% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $53.20K | $96.88K | $20.00K |
YoY Change | 107.8% | 384.4% | 100.0% |
Accrued Expenses | $9.869K | $6.891K | |
YoY Change | 260.71% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $270.0K | $100.0K | $150.0K |
YoY Change | 285.71% | -33.33% | 0.0% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.314M | $468.9K | $170.0K |
YoY Change | 332.17% | 175.81% | 6.25% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $10.00K | $30.00K | $20.00K |
YoY Change | -85.71% | 50.0% | |
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
Total Long-Term Liabilities | $10.00K | $30.00K | $20.00K |
YoY Change | -85.71% | 50.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.314M | $468.9K | $170.0K |
Total Long-Term Liabilities | $10.00K | $30.00K | $20.00K |
Total Liabilities | $1.322M | $495.8K | $190.0K |
YoY Change | 254.42% | 160.95% | 18.75% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.896M | -$1.010M | |
YoY Change | 430.29% | ||
Common Stock | $873.7K | $710.2K | $100.0K |
YoY Change | 722.57% | 610.25% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.020M | -$300.0K | -$190.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $299.6K | $196.1K | $0.00 |
YoY Change | 146.23% |
Cashflow Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$886.4K | -$243.4K | -$147.8K |
YoY Change | 323.59% | 64.6% | 1378.45% |
Depreciation, Depletion And Amortization | $10.00K | $0.00 | $0.00 |
YoY Change | |||
Cash From Operating Activities | -$270.0K | -$223.7K | -$40.00K |
YoY Change | 170.0% | 459.37% | 300.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $100.0K | $0.00 | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$100.0K | $0.00 | $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 | 380.0K | $100.0K | 50.00K |
YoY Change | 245.45% | 100.0% | 400.0% |
NET CHANGE | |||
Cash From Operating Activities | -270.0K | -$223.7K | -40.00K |
Cash From Investing Activities | -100.0K | 0.000 | 0.000 |
Cash From Financing Activities | 380.0K | $100.0K | 50.00K |
Net Change In Cash | 10.00K | -$123.7K | 10.00K |
YoY Change | 0.0% | -1337.49% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$270.0K | -$223.7K | -$40.00K |
Capital Expenditures | $100.0K | $0.00 | $0.00 |
Free Cash Flow | -$370.0K | -$223.7K | -$40.00K |
YoY Change | 459.37% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q1 | us-gaap |
Assets
Assets
|
196126 | USD |
CY2016Q4 | us-gaap |
Assets
Assets
|
322512 | USD |
CY2017Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
96879 | USD |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
66385 | USD |
CY2017Q1 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
100000 | USD |
CY2016Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
100000 | USD |
CY2017Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
6891 | USD |
CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4879 | USD |
CY2017Q1 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
262500 | USD |
CY2016Q4 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
280000 | USD |
CY2017Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
106014 | USD |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
105014 | USD |
CY2017Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
604233 | USD |
CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
503767 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1009923 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-766572 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-299676 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-157791 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
196126 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
468870 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
453864 | USD |
CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
495802 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
480303 | USD |
CY2017Q1 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
25000 | USD |
CY2016Q4 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
25000 | USD |
CY2017Q1 | us-gaap |
Assets Current
AssetsCurrent
|
98119 | USD |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
221868 | USD |
CY2017Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
2600 | USD |
CY2016Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
2600 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
322512 | USD |
CY2017Q1 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
1932 | USD |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
1439 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
98007 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
100644 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
59831 | USD |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
178378 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
240846 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-243351 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-243351 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
105102639 | shares |
CY2017Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2017Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2637 | USD |
CY2016Q1 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4364 | USD |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
141176 | USD |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
147129 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-147845 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-147845 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
73906815 | shares |
CY2017Q1 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
2505 | USD |
CY2016Q1 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
716 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1466 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
30494 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2505 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-17500 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-223749 | USD |
CY2017Q1 | celz |
Proceeds From Subscription Receivable
ProceedsFromSubscriptionReceivable
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
100000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-123749 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
221868 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
98119 | USD |
CY2017Q1 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3780 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1800 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
105000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-35676 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
50716 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
15040 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
100 | USD |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
15140 | USD |
CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
0 | USD |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
105013750 | shares |
CY2016Q1 | us-gaap |
Stock Issued1
StockIssued1
|
100000 | USD |
CY2017Q1 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
CY2017Q1 | celz |
Stock Issued For Purchase Of Technology License
StockIssuedForPurchaseOfTechnologyLicense
|
0 | USD |
CY2016Q1 | celz |
Stock Issued For Purchase Of Technology License
StockIssuedForPurchaseOfTechnologyLicense
|
1000 | USD |
CY2016Q2 | celz |
Amount Of Debt Payable At Closing
AmountOfDebtPayableAtClosing
|
20000 | USD |
CY2016Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD |
CY2016Q1 | celz |
Proceeds From Subscription Receivable
ProceedsFromSubscriptionReceivable
|
49500 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | USD |
CY2016Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
1216 | USD |
CY2017Q1 | celz |
Fair Value Of Warrants Issued In Private Placement
FairValueOfWarrantsIssuedInPrivatePlacement
|
5546 | USD |
CY2016Q1 | celz |
Fair Value Of Warrants Issued In Private Placement
FairValueOfWarrantsIssuedInPrivatePlacement
|
0 | USD |
CY2017Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
29427 | USD |
CY2017Q1 | celz |
Employee Service Sharebased Compensation Nonvested Awards Expiration Period
EmployeeServiceSharebasedCompensationNonvestedAwardsExpirationPeriod
|
2021 | |
CY2017Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2017Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2017Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-03-31 | |
CY2017Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2017Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC. | |
CY2017Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001187953 | |
CY2017Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2017Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2017Q1 | dei |
Trading Symbol
TradingSymbol
|
CELZ | |
CY2017Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
106263750 | shares |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | shares |
CY2017Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
106013750 | shares |
CY2017Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
106013750 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
105013750 | shares |
CY2017Q1 | celz |
Working Capital Deficit
WorkingCapitalDeficit
|
370751 | USD |
CY2017Q1 | celz |
Class Of Warrant Or Right Conversion Ratio
ClassOfWarrantOrRightConversionRatio
|
one warrant to purchase another share of common stock at $0.10 per share for each ten shares purchased in the offering. | |
CY2017Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
0 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
0 | USD |
CY2017Q1 | 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; size: 8.5in 11.0in"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><strong><i>Use of Estimates</i></strong> - The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America 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 balance sheet and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2017Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
7500 | USD |
CY2017Q1 | celz |
Success Feepercentage
SuccessFeepercentage
|
0.06 | pure |
CY2017Q1 | celz |
Success Feedescription
SuccessFeedescription
|
Pay a success fee of 10% for equity and/or convertible preferred or debt for the first $5.0 million; 8% for capital raised between $5.0 and $25.0 million and 6% for all amounts raised above $25.0. Upon any financing the agreement will be extended for an additional 24 months at $7,500 per month. | |
CY2017Q1 | celz |
Business Combination Step Acquisition Payment Percentage
BusinessCombinationStepAcquisitionPaymentPercentage
|
0.05 | pure |
CY2016Q2 | celz |
Common Stock Percentage Represents Fully Diluted Amount
CommonStockPercentageRepresentsFullyDilutedAmount
|
0.005 | pure |
CY2016Q2 | celz |
Percentage Increase In Fully Diluted Amount Upon Funding
PercentageIncreaseInFullyDilutedAmountUponFunding
|
0.005 | pure |