Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Adjustments to reconcile net loss to cash flows provided by (used in) operating activities:    
Depreciation and amortization $ 135,491us-gaap_DepreciationAmortizationAndAccretionNet $ 135,514us-gaap_DepreciationAmortizationAndAccretionNet
Provision for doubtful accounts 274,698us-gaap_ProvisionForDoubtfulAccounts 720,805us-gaap_ProvisionForDoubtfulAccounts
Amortization of debt discount 212,399us-gaap_AmortizationOfDebtDiscountPremium 134,607us-gaap_AmortizationOfDebtDiscountPremium
Gain on settlement of debt    (25,100)BICX_GainsLossOnExtinguishmentOfDebt
Stock Based Compensation 1,989,191us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation 897,400us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation
Change in fair value of derivative liabilities (277,594)us-gaap_IncreaseDecreaseInDerivativeLiabilities 1,051,254us-gaap_IncreaseDecreaseInDerivativeLiabilities
Changes in operating assets and liabilities:    
Accounts receivable 5,381us-gaap_IncreaseDecreaseInAccountsReceivable 50,168us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other current assets 576us-gaap_IncreaseDecreaseInPrepaidExpense (3,315)us-gaap_IncreaseDecreaseInPrepaidExpense
Accounts payable and accrued expenses 208,326us-gaap_IncreaseDecreaseInAccountsPayable 505,582us-gaap_IncreaseDecreaseInAccountsPayable
Income taxes payable    (1,600)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Settlement payable 220,000BICX_SettlementPayable   
Due to factor    (154,990)BICX_DueToFactor
Deferred revenue 526,981us-gaap_DeferredRevenueAdditions 631,655us-gaap_DeferredRevenueAdditions
Net cash provided by operating activities 167,669us-gaap_NetCashProvidedByUsedInOperatingActivities 103,458us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payment of acquisition deposit (32,404)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions (25,000)us-gaap_PaymentsForDepositsOnRealEstateAcquisitions
Payment of long term deposits    (3,056)us-gaap_PaymentsForDeposits
Purchase of equipment (487)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (6,665)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (32,891)us-gaap_NetCashProvidedByUsedInInvestingActivities (34,721)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable 76,750us-gaap_ProceedsFromNotesPayable 328,480us-gaap_ProceedsFromNotesPayable
Proceeds from exercise of options 5,000us-gaap_ProceedsFromStockOptionsExercised   
Repayments of convertible notes payable    (58,000)us-gaap_RepaymentsOfConvertibleDebt
Repayments of notes payable (45,079)us-gaap_RepaymentsOfNotesPayable (174,999)us-gaap_RepaymentsOfNotesPayable
Repayments of advances from lenders (95,599)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (4,401)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Net Repayments of notes payable, related party (131,296)us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt (57,253)us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt
Net cash (used in) provided by financing activities (190,224)us-gaap_NetCashProvidedByUsedInFinancingActivities 33,827us-gaap_NetCashProvidedByUsedInFinancingActivities
Net (decrease) increase in cash (55,446)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 102,564us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash, beginning of the period 108,566us-gaap_CashAndCashEquivalentsAtCarryingValue 6,002us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash, end of period 53,120us-gaap_CashAndCashEquivalentsAtCarryingValue 108,566us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:    
Interest paid 21,493us-gaap_InterestPaid 119,648us-gaap_InterestPaid
Taxes paid    1,600us-gaap_IncomeTaxesPaid
Non-cash financing activities:    
Common stock issued for exercise of options paid by amounts due to the option holders 172,500BICX_CommonStockIssuedInInSettlementOfOutstandingAccountsPayable 135,000BICX_CommonStockIssuedInInSettlementOfOutstandingAccountsPayable
Common stock issued in settlement of outstanding accounts payable    3,000BICX_CommonStockIssuedInSettlementOfOutstandingAccountsPayable
Fair value of warrants issued for licensing fees 24,558BICX_FairValueOfWarrantsIssuedForLicensingFees   
Common stock issued for licensing fees 89,500BICX_CommonStockIssuedForLicensingFees   
Convertible notes payable and accrued interest exchanged for licensing rights 609,368BICX_ConvertibleNotesPayableAndAccruedInterestExchangedForLicensingRights   
Reclassify fair value of debt derivative at payoff of note payable $ 800,987BICX_ReclassifyFairValueOfDebtDerivativeAtPayoffOfNotePayable