Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended 9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Neurometric Services $ 25,900 $ 32,800 $ 83,300 $ 90,000
OPERATING EXPENSES        
Cost of neurometric services revenues 38,800 35,500 105,800 110,700
Research 53,100 66,300 156,400 203,400
Product development 376,800 200,900 705,400 476,200
Sales and marketing 83,400 223,200 254,900 813,600
General and administrative 653,200 660,300 1,863,700 2,257,300
Total operating expenses 1,205,300 1,186,200 3,086,200 3,861,200
OPERATING LOSS (1,179,400) (1,153,400) (3,002,900) (3,771,200)
OTHER INCOME (EXPENSE):        
Interest expense, net (183,300) (767,400) (1,213,600) (3,385,000)
Gain on extinguishment of debt 0 0 556,300 0
Financing fees 30,500 0 (62,200) (151,500)
Offering costs 0 (781,400) (2,500) (789,100)
Gain (Loss) on derivative liabilities 0 6,419,700 (97,600) 918,000
Total other income (expense) (152,800) 4,870,900 (819,600) (3,407,600)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES (1,332,200) 3,717,500 (3,822,500) (7,178,800)
Provision for income taxes 0 1,100 800 2,000
INCOME (LOSS) BEFORE OTHER COMPRESHENSIVE INCOME (1,332,200) 3,716,400 (3,823,300) (7,180,800)
Other comprehensive income (loss) 0 0 0 0
INCOME (LOSS) FROM CONTINUING OPERATIONS (1,332,200) 3,716,400 (3,823,300) (7,180,800)
Loss from discontinued operations (1,800) (101,200) (15,200) (329,500)
NET Income (Loss) $ (1,334,000) $ 3,615,200 $ (3,838,500) $ (7,510,300)
NET INCOME (LOSS) PER SHARE:        
From continuing operations (in dollars per share) $ (0.03) $ 1.98 $ (0.17) $ (3.83)
From discontinued operations (in dollars per share) $ 0.00 $ (0.05) $ 0.00 $ (0.18)
Combined Net Income (Loss) (in dollars per share) $ (0.03) $ 1.93 $ (0.17) $ (4.01)
DILUTED NET INCOME (LOSS) PER SHARE:        
From continuing operations (in dollars per share) $ (0.03) $ 0.52 $ (0.17) $ (3.83)
From discontinued operations (in dollars per share) $ 0.00 $ (0.01) $ 0.00 $ (0.18)
Combined Net Income (Loss) from operations (in dollars per share) $ (0.03) $ 0.51 $ (0.17) $ (4.01)
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic (in shares) 42,691,256 1,874,175 22,336,772 1,873,902
Diluted (in shares) 42,691,256 7,100,407 22,336,772 1,873,902