Balance Sheet

v3.24.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 65,222 $ 68,615
Accounts receivable, net 740 35,378
Grant receivable 76,266 130,152
Prepaid expenses 44,891 82,765
Total current assets 187,119 316,910
Property and equipment, net 50,943 76,572
Right to use assets 97,278 270,406
Other assets:    
Patents, net 9,027 10,206
Software development costs 0 47,980
Deposits, long term 44,520 44,520
Total other assets 53,547 102,706
Total assets 388,887 766,594
Current liabilities:    
Accounts payable and accrued expenses, including related party payables of $1,683,453 and $1,077,088, respectively 4,649,179 3,907,954
Deferred revenue, short term 0 33,256
Lease liability, short term 122,732 134,343
Derivative liability 53,460 0
Notes payable, net of debt discount of $354,730 and $23,878, respectively 606,750 297,602
Notes payable, related parties, net of debt discount of $77,295 and $49,473, respectively 999,088 990,637
Total current liabilities 6,431,209 5,363,792
Long term liabilities:    
Economic Injury Disaster loan, long term 72,466 73,850
Royalty obligation - net of discount of $4,899,354 and $5,376,790, related parties 3,822,746 3,345,310
Lease liability, long term 10,945 181,328
Deferred revenue, long term 4,045 4,045
Total liabilities 10,341,411 8,968,325
Deficit:    
Common stock, $0.001 par value; 750,000,000 shares authorized, 8,674,029 and 7,718,636 shares issued and outstanding as of December 31, 2023 and 2022, respectively 8,674 7,719
Common stock subscribed 100,009 100,000
Additional paid in capital 68,149,029 66,130,296
Accumulated deficit (78,103,018) (74,336,105)
Total deficit attributable to BioCorRx, Inc. (9,823,690) (8,076,474)
Non-controlling interest (128,834) (125,257)
Total deficit (9,952,524) (8,201,731)
Total liabilities and deficit 388,887 766,594
Series A Convertible Preferred Stock [Member]    
Deficit:    
Preferred stock, value 16,000 16,000
Convertible Series B Preferred Stock [Member]    
Deficit:    
Preferred stock, value $ 5,616 $ 5,616

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