Emmaus Life Sciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CONVERTIBLE DEBT AND EQUITY FINANCINGS (Details Narrative)

CONVERTIBLE DEBT AND EQUITY FINANCINGS (Details Narrative)				12 Months Ended
	Sep. 19, 2016 USD ($)	Dec. 23, 2015 USD ($) Number $ / shares shares	Apr. 14, 2015 USD ($)	Sep. 30, 2016 USD ($) Number shares	Jun. 30, 2016 USD ($) Number	Sep. 30, 2015 USD ($)	Sep. 24, 2015 USD ($) Number	Sep. 15, 2015 USD ($)	Sep. 14, 2015 $ / shares	Jun. 02, 2015 USD ($)	Mar. 18, 2015 USD ($)	Sep. 22, 2014 USD ($)
Purchase of convertible note				$ 6,000,000		$ 3,000,000
Accrued Interest				$ 317,000
Shares issued on Conversion \| shares				1,263,406
Seven Accredited Investor [Member] \| Note Warrant [Member]
Number of accredited investors \| Number					7
Number of secured notes issued \| Number					8
Number of purchasers \| Number					5
Face amount					$ 1,100,000
5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member] \| John Pappajohn [Member]
Accrued Interest				$ 10,400
Shares issued on Conversion \| shares				42,084
Amendment Note Purchase Agreement [Member] \| 5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member]
Face amount			$ 3,000,000
Issuance of debt			$ 500,000
Conversion price (in dollars per share) \| $ / shares									$ 10.00
Description of conversion terms				Conversion price of all notes at $10.00 per share (as adjusted for stock splits, stock dividends, combinations or the like affecting the Common Stock) (the "Fixed Conversion Price") (i) automatically, in the event of a qualified financing of not less than $5 million, or (ii) voluntarily, within 15 days prior to the maturity date of the note. The Omnibus Amendment also amended the form of note attached to the Note Purchase Agreement to reflect the Fixed Conversion Price.
Amendment Note Purchase Agreement [Member] \| Secured Convertible Promissory Notes (September 2015 Notes) [Member] \| Six Accredited Investors [Member]
Number of accredited investors \| Number							6
Face amount							$ 710,000
Amendment Note Purchase Agreement [Member] \| Secured Convertible Promissory Notes (September 2015 Notes) [Member] \| John Pappajohn [Member]
Purchase of convertible note								$ 100,000
Original Note Purchase Agreement [Member] \| 5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member]
Face amount												$ 2,500,000
Purchase of convertible note		$ 3,121,900				$ 3,000,000
Accrued Interest		$ 121,900
Original Note Purchase Agreement [Member] \| 5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member] \| RSJ Private Equity (Michal Votruba) [Member]
Purchase of convertible note				$ 750,000
Original Note Purchase Agreement [Member] \| 5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member] \| RSJ Private Equity & Nine Accredited Investors [Member]
Number of accredited investors \| Number				9
Number of secured notes issued \| Number				15
Face amount				$ 6,000,000
Original Note Purchase Agreement [Member] \| 5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member] \| John Pappajohn [Member]
Purchase of convertible note								$ 100,000		$ 100,000	$ 100,000	$ 200,000
Second Amended Note & Warrant Agreement [Member] \| Note Warrant [Member]
Conversion price (in dollars per share) \| $ / shares		$ 50.00
Number of shares called \| shares		3,000,000
Second Amended Note & Warrant Agreement [Member] \| Sixteen Accredited Investors [Member]
Number of accredited investors \| Number		16
Number of secured notes issued \| Number		16
Purchase of convertible note		$ 6,000,000
Maturity date of the notes		Dec. 31, 2017
Second Amended Note & Warrant Agreement [Member] \| Secured Convertible Promissory Notes ( December 2015 Notes) [Member]
Face amount		$ 1,000,000
Conversion price (in dollars per share) \| $ / shares		$ 5.00
Description of collateral				Secured by a security interest in the Company's intellectual property, as detailed in the amended and restated security agreement.
Description of repayment priority				Upon a change of control of the Company (as described in the Notes), the holder of a Note will have the option to have the Note repaid with a premium equal to 50% of the outstanding principal.
Accrued Interest		$ 317,000
Second Omnibus Amendment [Member] \| 5% Senior Secured Notes Convertible (the "September 2014 Notes") [Member]
Face amount	$ 6,000,000
Accrued Interest	$ 316,965
Second Omnibus Amendment [Member] \| Secured Convertible Promissory Notes [Member]
Description of conversion terms	Pursuant to the Second Omnibus Amendment, the Company had the option, exercisable at any time after September 1, 2016, to mandatorily convert all Notes into shares of the Company's common stock at $5.00 per share (the "Mandatory Conversion").