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BioSig Technologies Inc

For the period ended Mar 31, 2024. Filed May 20, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 20, 2024

STEX$0.34+4.1%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31,2024

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number:001-38659

(Exact name of registrant as specified in its charter)

Delaware26-4333375
(State or other jurisdiction of incorporation or organization)(IRS Employer Identification No.)
55 Greens Farms Road, 1st Floor Westport, CT06880
(Address of principal executive office)(Zip Code)

(203) 409-5444

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.001 per shareBSGMThe NASDAQ Capital Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

As of May 17, 2024, there were 12,476,413 shares of registrant’s common stock outstanding.

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION
ITEM 1. · Financial Statements
Condensed consolidated balance sheets as of March 31, 2024 (unaudited) and December 31, 20233
Condensed consolidated statements of operations for the three months ended March 31, 2024 and 2023 (unaudited)4
Condensed consolidated statement of changes in deficit for the three months ended March 31, 2024 (unaudited)5
Condensed consolidated statement of changes in equity for the three months ended March 31, 2023 (unaudited)6
Condensed consolidated statements of cash flows for the three months ended March 31, 2024 and 2023 (unaudited)7
Notes to condensed consolidated financial statements (unaudited)8-28
ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations29-36
ITEM 3.Quantitative and Qualitative Disclosures about Market Risk36
ITEM 4.Controls and Procedures36
PART II. OTHER INFORMATION
ITEM 1.Legal Proceedings39
ITEM 1A.Risk Factors40
ITEM 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities41
ITEM 3.Defaults Upon Senior Securities42
ITEM 4.Mine Safety Disclosures42
ITEM 5.Other Information42
ITEM 6.Exhibits42
SIGNATURES46
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.