Registration of securities issued in business combination transactions

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

v3.19.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Sep. 30, 2018
Sep. 30, 2017
CURRENT ASSETS:      
Cash and cash equivalents $ 1,203,200 $ 3,254,700 $ 5,449,000
Accounts receivable, net 154,400 63,300 6,500
Prepaid insurance 9,700 57,900 57,200
Note receivable - related party   159,500
Prepaid expenses and other current assets 181,200 134,700 22,000
Total current assets 1,548,500 3,510,600 5,694,200
Property and equipment, net 87,700 110,800 120,700
Intangible assets, net 88,400 116,500 60,200
Investment in Arcadian   195,900
Goodwill 1,386,800 1,386,800
Other assets 29,600 27,100 25,100
TOTAL ASSETS 3,141,000 5,151,800 6,096,100
CURRENT LIABILITIES:      
Accounts payable (including $36,400 and $30,350 to related parties as of March 31, 2019 and September 30, 2018, respectively) 970,700 346,900 736,900
Accrued liabilities 204,700 268,900 55,200
Accrued compensation 244,900 175,400 466,000
Accrued compensation - related parties 322,800 209,300 204,600
Accrued interest and other liabilities 3,900 3,900 3,900
Deferred revenue 152,100 159,700 45,900
Current portion of note payable   31,500
Current portion of leases 1,400 1,300 1,300
Total current liabilities 1,900,500 1,165,400 1,545,300
LONG-TERM LIABILITIES      
Long-term borrowing, net 606,500 587,700
Accrued interest on long-term borrowing 120,500 110,100
Long-term portion of capital lease 1,400 2,100 3,400
Total long-term liabilities 728,400 699,900 3,400
TOTAL LIABILITIES 2,628,900 1,865,300 1,548,700
STOCKHOLDERS' EQUITY:      
Preferred stock value 1,100 1,100
Common stock value 8,900 7,400 4,300
Additional paid-in capital 91,895,900 89,257,700 80,189,700
Accumulated deficit (89,881,400) (85,245,300) (75,646,600)
Total controlling interests 2,024,500 4,020,900 4,547,400
Non-controlling interest (1,512,400) (734,400)
Total stockholders' equity 512,100 3,286,500 4,547,400
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,141,000 $ 5,151,800 $ 6,096,100