POS AM Filing

Niagen Bioscience, Inc. CIK: 1386570 FY 2011

Filing Information

Form Type	POS AM
Accession Number	`0001415889-12-000614`
Period End Date	20111231
Filing Date	20120430
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	cdxc-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 26 Cash Flow Statement 58 Stockholders Equity 14

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Accounts payable	`AccountsPayableCurrent`	$514.60K	USD	Point-in-time
Trade receivables, less allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.25M	USD	Point-in-time
Trade receivables, less allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.00K	USD	Point-in-time
Intangible assets, less accumulated amortization	`IntangibleAssetsLessAccumulatedAmortization`	$990.42K	USD	Point-in-time
Intangible assets, less accumulated amortization	`IntangibleAssetsLessAccumulatedAmortization`	$834.17K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$371.02K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$755.97K	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current maturities of capital lease obligations	`CapitalLeaseObligationsCurrent`	$77.36K	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Current maturities of capital lease obligations	`CapitalLeaseObligationsCurrent`	$78.58K	USD	Point-in-time
Customer deposits and other	`CustomerAdvancesAndDeposits`	$199.69K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Customer deposits and other	`CustomerAdvancesAndDeposits`	$112.43K	USD	Point-in-time
Deferred rent, current	`DeferredRentCreditCurrent`	$59.74K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	60.88M	shares	Point-in-time
Deferred rent, current	`DeferredRentCreditCurrent`	$62.66K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	72.94M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	72.94M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	60.88M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.34M	USD	Point-in-time
Capital lease obligations, less current maturities	`CapitalLeaseObligationsNoncurrent`	$198.07K	USD	Point-in-time
Capital lease obligations, less current maturities	`CapitalLeaseObligationsNoncurrent`	$164.73K	USD	Point-in-time
Deferred rent, less current	`DeferredRentCreditNoncurrent`	$233.82K	USD	Point-in-time
Deferred rent, less current	`DeferredRentCreditNoncurrent`	$200.89K	USD	Point-in-time
Common stock, $.001 par value; authorized 150,000,000 shares; issued and outstanding 2011 72,939,996 and 2010 60,875,325 shares	`CommonStockValue`	$72.94K	USD	Point-in-time
Common stock, $.001 par value; authorized 150,000,000 shares; issued and outstanding 2011 72,939,996 and 2010 60,875,325 shares	`CommonStockValue`	$60.88K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$15.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$20.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-10.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.51M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.27M	USD	Point-in-time
Cash	`Cash`	$2.23M	USD	Point-in-time
Cash	`Cash`	$471.38K	USD	Point-in-time
Cash	`Cash`	$420.15K	USD	Point-in-time
Trade receivables, less allowance for doubtful accounts 2011 $9,000; 2010 $18,000	`AccountsReceivableNetCurrent`	$1.00M	USD	Point-in-time
Trade receivables, less allowance for doubtful accounts 2011 $9,000; 2010 $18,000	`AccountsReceivableNetCurrent`	$723.67K	USD	Point-in-time
Inventories	`InventoryNet`	$1.42M	USD	Point-in-time
Inventories	`InventoryNet`	$2.91M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$243.97K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$903.93K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.90M	USD	Point-in-time
Leasehold Improvements and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.17M	USD	Point-in-time
Leasehold Improvements and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.30M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$44.16K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$31.41K	USD	Point-in-time
Intangible assets, less accumulated amortization 2011 $834,169; 2010 $990,420	`IntangibleAssetsNetExcludingGoodwill`	$100.11K	USD	Point-in-time
Intangible assets, less accumulated amortization 2011 $834,169; 2010 $990,420	`IntangibleAssetsNetExcludingGoodwill`	$277.86K	USD	Point-in-time
Total deposits and other noncurrent assets	`OtherAssetsNoncurrent`	$309.27K	USD	Point-in-time
Total deposits and other noncurrent assets	`OtherAssetsNoncurrent`	$144.26K	USD	Point-in-time
Total assets	`Assets`	$6.51M	USD	Point-in-time
Total assets	`Assets`	$6.27M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Interest income	`InvestmentIncomeInterest`	$1.40K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.54K	USD	Annual
Interest expense	`InterestExpense`	$36.07K	USD	Annual
Interest expense	`InterestExpense`	$32.14K	USD	Annual
Nonoperating expenses	`NonoperatingIncomeExpense`	$-34.52K	USD	Annual
Nonoperating expenses	`NonoperatingIncomeExpense`	$-30.75K	USD	Annual
Net loss	`NetIncomeLoss`	$-2.05M	USD	Annual
Net loss	`NetIncomeLoss`	$-7.89M	USD	Annual
Basic and Diluted loss per common share	`EarningsPerShareDiluted`	$-0.12	USD	Annual
Basic and Diluted loss per common share	`EarningsPerShareDiluted`	$-0.04	USD	Annual
Basic and Diluted average common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.25M	shares	Annual
Basic and Diluted average common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.31M	shares	Annual
Sales	`SalesRevenueGoodsNet`	$8.11M	USD	Annual
Sales	`SalesRevenueGoodsNet`	$7.57M	USD	Annual
Cost of sales	`CostOfRevenue`	$4.62M	USD	Annual
Cost of sales	`CostOfRevenue`	$5.64M	USD	Annual
Gross profit	`GrossProfit`	$2.47M	USD	Annual
Gross profit	`GrossProfit`	$2.94M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$2.54M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$1.09M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$3.88M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$7.80M	USD	Annual
Operating expenses	`OperatingExpenses`	$10.34M	USD	Annual
Operating expenses	`OperatingExpenses`	$4.96M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-7.86M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-2.02M	USD	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.05M	USD	Annual
Net loss	`NetIncomeLoss`	$-7.89M	USD	Annual
Capital lease obligation incurred for the purchase of equipment	`CapitalLeaseObligationsIncurred`	$264.96K	USD	Annual
Capital lease obligation incurred for the purchase of equipment	`CapitalLeaseObligationsIncurred`	$47.15K	USD	Annual
Purchases of leasehold improvements and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$150.66K	USD	Annual
Purchases of leasehold improvements and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$169.14K	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$26.00K	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$30.00K	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-199.14K	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-176.66K	USD	Annual
Depreciation of leasehold improvements and equipment	`Depreciation`	$313.78K	USD	Annual
Depreciation of leasehold improvements and equipment	`Depreciation`	$328.63K	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$70.25K	USD	Annual
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$73.64K	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$1.26M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$2.97M	USD	Annual
Loss from impairment of intangibles	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Loss from impairment of intangibles	`GoodwillAndIntangibleAssetImpairment`	$133.50K	USD	Annual
Loss from disposal of equipment	`LossFromDisposalOfEquipment`	$20.64K	USD	Annual
Loss from disposal of equipment	`LossFromDisposalOfEquipment`	-	USD	Annual
Cash payments for interest	`InterestPaid`	$36.07K	USD	Annual
Cash payments for interest	`InterestPaid`	$32.14K	USD	Annual
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$3.49M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$26.40K	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$2.52M	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$1.19M	USD	Annual
Principal payments on capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$62.61K	USD	Annual
Principal payments on capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$81.71K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.47M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.62M	USD	Annual
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.81M	USD	Annual
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.76M	USD	Annual
Cash Beginning of Year	`Cash`	$2.23M	USD	Point-in-time
Cash Beginning of Year	`Cash`	$471.38K	USD	Point-in-time
Cash Beginning of Year	`Cash`	$420.15K	USD	Point-in-time
Cash Ending of Year	`Cash`	$2.23M	USD	Point-in-time
Cash Ending of Year	`Cash`	$471.38K	USD	Point-in-time
Cash Ending of Year	`Cash`	$420.15K	USD	Point-in-time
Trade receivables	`IncreaseDecreaseInReceivables`	$-503.63K	USD	Annual
Trade receivables	`IncreaseDecreaseInReceivables`	$277.90K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.48M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-500.27K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-672.71K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-127.36K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.74M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-33.71K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$100.77K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$384.95K	USD	Annual
Customer deposits and other	`IncreaseDecreaseInCustomerDeposits`	$87.27K	USD	Annual
Customer deposits and other	`IncreaseDecreaseInCustomerDeposits`	$-14.09K	USD	Annual
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-35.85K	USD	Annual
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-23.49K	USD	Annual
Due to officers	`IncreaseDecreaseInDueToOfficersAndStockholders`	-	USD	Annual
Due to officers	`IncreaseDecreaseInDueToOfficersAndStockholders`	$-1.18M	USD	Annual
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.66M	USD	Annual
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.10M	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$2.56M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$4.94M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$1.05M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$2.56M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$4.94M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$1.05M	USD	Point-in-time
Issuance of common stock, Amount	`StockIssuedDuringPeriodValueNewIssues`	$3.49M	USD	Annual
Exercise of warrants, Amount	`StockIssuedDuringPeriodValueOther`	$1.19M	USD	Annual
Exercise of warrants, Amount	`StockIssuedDuringPeriodValueOther`	$2.52M	USD	Annual
Share-based compensation	`SharebasedCompensation1`	$2.97M	USD	Annual
Share-based compensation	`SharebasedCompensation1`	$1.26M	USD	Annual
Exercise of stock options, Amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$26.40K	USD	Annual
Net loss	`NetIncomeLoss`	$-2.05M	USD	Annual
Net loss	`NetIncomeLoss`	$-7.89M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.