v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2017
Sep. 30, 2016
CURRENT ASSETS:    
Cash $ 5,449,000 $ 318,200
Accounts receivable (net of allowance for doubtful accounts of $1,000 and $1,200 as of September 30, 2017, and September 30, 2016, respectively) 6,500 5,100
Prepaid insurance 57,200 59,800
Note Receivable -Plotkin 159,500
Prepaid other assets 22,000 18,800
Total current assets 5,694,200 401,900
Property and equipment, net 120,700 9,500
Intangible assets, net 60,200 87,100
Investment in Arcadian 195,900
Other assets 25,100 13,600
TOTAL ASSETS 6,096,100 512,100
CURRENT LIABILITIES:    
Accounts payable (including $36,200 and $10,000 to related parties as of September 30, 2017, and September 30, 2016, respectively) 736,900 426,600
Accrued liabilities 55,200 61,000
Accrued compensation 466,000 587,200
Accrued compensation - related parties 204,600 358,400
Accrued interest 3,900 3,900
Deferred revenue - grant funds 45,900 45,900
Current portion of note payable 31,500 56,300
Current portion of capital lease 1,300 1,200
Total current liabilities 1,545,300 1,540,500
LONG-TERM LIABILITIES    
Long term portion of note payable 31,400
Long term portion of capital lease 3,400 4,700
Total long-term liabilities 3,400 36,100
TOTAL LIABILITIES 1,548,700 1,576,600
STOCKHOLDERS' EQUITY (DEFICIT):    
Preferred stock, $0.001 par value; authorized 15,000,000 shares, 0 shares issued and outstanding as of September 30, 2017 and September 30, 2016, respectively
Common stock, $0.001 par value; authorized 500,000,000 shares and 500,000,000 shares as of September 30, 2017 and September 30, 2016, respectively; Issued and outstanding 4,299,311 shares and 1,941,061 shares as of September 30, 2017 and September 30, 2016, respectively 4,300 1,900
Additional paid-in capital 80,189,700 67,467,400
Accumulated deficit (75,646,600) (68,533,800)
Total stockholders' equity (deficit) 4,547,400 (1,064,500)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 6,096,100 $ 512,100

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