Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash $ 53,120us-gaap_Cash $ 108,566us-gaap_Cash
Accounts receivable, net 78,500us-gaap_AccountsReceivableNet 299,220us-gaap_AccountsReceivableNet
Accounts receivable, other    15,000us-gaap_AccountsAndOtherReceivablesNetCurrent
Prepaid expenses 81,745us-gaap_PrepaidExpenseCurrent 52,610us-gaap_PrepaidExpenseCurrent
Total current assets 213,365us-gaap_AssetsCurrent 475,396us-gaap_AssetsCurrent
Property and equipment, net 6,194us-gaap_PropertyPlantAndEquipmentNet 8,845us-gaap_PropertyPlantAndEquipmentNet
Other assets:    
Prepaid expenses, long term 95,054us-gaap_PrepaidExpenseNoncurrent 28,707us-gaap_PrepaidExpenseNoncurrent
Accounts receivable, long term    44,359us-gaap_LongTermInvestmentsAndReceivablesNet
Licensing agreement, net 3,705,870us-gaap_OtherAssetsCurrent 3,838,223us-gaap_OtherAssetsCurrent
Deposits, long term 62,738us-gaap_LongTermInvestments 30,334us-gaap_LongTermInvestments
Total other assets 3,863,662us-gaap_OtherAssets 3,941,623us-gaap_OtherAssets
Total assets 4,083,221us-gaap_Assets 4,425,864us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses, including related party payables of $403,357 and $509,528, respectively 776,253us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 957,786us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Deferred revenue, short term 729,860us-gaap_DeferredRevenueCurrent 192,870us-gaap_DeferredRevenueCurrent
Settlement payable 220,000us-gaap_SettlementLiabilitiesCurrent   
Advances from lenders    95,599BICX_AdvancesFromLenders
Notes payable, short term portion 74,823us-gaap_NotesPayableCurrent   
Notes payable, net of debt discount, related party 137,065us-gaap_NotesPayable 116,042us-gaap_NotesPayable
Total current liabilities 1,938,001us-gaap_LiabilitiesCurrent 1,362,297us-gaap_LiabilitiesCurrent
Long term debt:    
Deferred revenue, long term 1,187,166us-gaap_DeferredRevenueNoncurrent 741,723us-gaap_DeferredRevenueNoncurrent
Convertible notes payable, net of debt discount    601,328us-gaap_ConvertibleLongTermNotesPayable
Notes payable, long term portion 449,256us-gaap_LongTermNotesPayable   
Notes payable, net of debt discount, related party 103,795us-gaap_OtherLongTermNotesPayable 190,888us-gaap_OtherLongTermNotesPayable
Warrant liability 98,702us-gaap_ProductWarrantyAccrualClassifiedCurrent 287,731us-gaap_ProductWarrantyAccrualClassifiedCurrent
Derivative liability    1,019,103us-gaap_DerivativeLiabilities
Total long term debt 1,838,919us-gaap_LiabilitiesOtherThanLongtermDebtNoncurrent 2,840,773us-gaap_LiabilitiesOtherThanLongtermDebtNoncurrent
Total liabilities 3,776,920us-gaap_Liabilities 4,203,070us-gaap_Liabilities
Stockholders' equity:    
Preferred stock, no par value; 80,000 designated; 80,000 and -0- shares issued and outstanding as of December 31, 2014 and 2013, respectively 16,000us-gaap_PreferredStockValue   
Common stock, $0.001 par value; 200,000,000 shares authorized, 146,134,501 and 127,343,501 shares issued and outstanding as of December 31, 2014 and 2013, respectively 146,135us-gaap_CommonStockValue 127,344us-gaap_CommonStockValue
Common stock subscribed 100,000us-gaap_CommonStockSharesSubscriptions 100,000us-gaap_CommonStockSharesSubscriptions
Additional Paid in Capital 8,609,059us-gaap_AdditionalPaidInCapital 5,432,563us-gaap_AdditionalPaidInCapital
Accumulated deficit (8,564,893)us-gaap_RetainedEarningsAccumulatedDeficit (5,437,113)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 306,301us-gaap_StockholdersEquity 222,794us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 4,083,221us-gaap_LiabilitiesAndStockholdersEquity $ 4,425,864us-gaap_LiabilitiesAndStockholdersEquity