Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash $ 430,800 $ 432,100
Accounts receivable (net of allowance for doubtful accounts of $1,200 and $1,200 as of June 30, 2016, and September 30, 2015, respectively) 3,200 11,800
Prepaid insurance 94,800 57,400
Prepaid other assets 78,000 46,900
Total current assets 606,800 548,200
Furniture and equipment, net 8,800 1,700
Intangible assets 77,200 13,100
Other assets 13,600 4,100
TOTAL ASSETS 706,400 567,100
CURRENT LIABILITIES:    
Accounts payable (including $15,000 and $10,000 to related parties as of June 30, 2016, and September 30, 2015, respectively) 736,400 852,000
Accrued liabilities 387,700 156,300
Accrued compensation 509,500 418,500
Accrued compensation - related parties 186,200 226,100
Deferred revenue - grant funds 45,900 45,900
Current portion of capital lease 1,200 2,400
Total current liabilities 1,866,900 1,701,200
LONG-TERM LIABILITIES    
Secured convertible debt - related parties (net of discounts $494,300 and $209,900 as of June 30, 2016 and September 30, 2015, respectively) 3,755,700 2,240,100
Secured convertible debt - other (net of discounts $81,300 and $28,900 as of June 30, 2016, and September 30, 2015, respectively) 768,700 525,700
Accrued interest 257,000 103,600
Derivative liability 1,473,600 833,000
Long term legal settlement note accrual 50,000
Long term portion of capital lease 5,000
Total long-term liabilities 6,310,000 3,702,400
TOTAL LIABILITIES 8,176,900 5,403,600
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; authorized 500,000,000 shares and issued and outstanding 107,467,409 shares and 102,417,409 shares as of June 30, 2016 and September 30, 2015, respectively 107,500 102,400
Additional paid-in capital 59,963,300 57,654,000
Accumulated deficit (67,541,300) (62,592,900)
Total stockholders' deficit (7,470,500) (4,836,500)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 706,400 $ 567,100