Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash $ 318,200 $ 432,100
Accounts receivable (net of allowance for doubtful accounts of $1,200 and $1,200 as of September 30, 2016, and September 30, 2015, respectively) 5,100 11,800
Prepaid insurance 59,800 57,400
Prepaid common stock 808,000 39,000
Prepaid other assets 18,800 7,900
Total current assets 1,209,900 548,200
Furniture and equipment, net 9,500 1,700
Intangible assets 87,100 13,100
Other assets 13,600 4,100
TOTAL ASSETS 1,320,100 567,100
CURRENT LIABILITIES:    
Accounts payable (including $10,000 and $10,000 to related parties as of September 30, 2016, and September 30, 2015, respectively) 426,600 852,000
Accrued liabilities 61,000 156,300
Accrued compensation 509,400 418,500
Accrued compensation - related parties 436,200 226,100
Accrued interest 3,900 103,600
Deferred revenue - grant funds 45,900 45,900
Current portion of note payable 56,300
Current portion of capital lease 1,200 2,400
Total current liabilities 1,540,500 1,804,800
LONG-TERM LIABILITIES    
Secured convertible debt - related parties (net of discounts $0.00 and $209,900 as of September 30, 2016 and September 30, 2015, respectively) 2,240,100
Secured convertible debt - other (net of discounts $0.00 and $24,300 as of September 30, 2016, and September 30, 2015, respectively) 525,700
Derivative liability 833,000
Long term portion of note payable 31,400
Long term portion of capital lease 4,700
Total long-term liabilities 36,100 3,598,800
TOTAL LIABILITIES 1,576,600 5,403,600
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; authorized 500,000,000 shares and issued and outstanding 1,941,061 shares and 512,405 shares as of September 30, 2016 and September 30, 2015, respectively 1,900 500
Additional paid-in capital 68,275,400 57,755,900
Accumulated deficit (68,533,800) (62,592,900)
Total stockholders' deficit (256,500) (4,836,500)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,320,100 $ 567,100