Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2014
Sep. 30, 2014
CURRENT ASSETS:    
Cash $ 445,700us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,240,600us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable (net of allowance for doubtful accounts of $1,200 and $1,200 as of December 31, 2014 and September 30, 2014 respectively) 9,000us-gaap_AccountsReceivableNetCurrent 9,300us-gaap_AccountsReceivableNetCurrent
Prepaids and other assets 26,600us-gaap_PrepaidExpenseAndOtherAssetsCurrent 58,200us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 481,300us-gaap_AssetsCurrent 1,308,100us-gaap_AssetsCurrent
Furniture and equipment, net 7,000us-gaap_PropertyPlantAndEquipmentNet 8,700us-gaap_PropertyPlantAndEquipmentNet
Other assets 18,800us-gaap_OtherAssetsNoncurrent 19,300us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 507,100us-gaap_Assets 1,336,100us-gaap_Assets
CURRENT LIABILITIES:    
Accounts payable (including $41,200 and $41,300 to related parties as of December 31, 2014 and September 30, 2014 respectively) 774,100us-gaap_AccountsPayableCurrent 868,900us-gaap_AccountsPayableCurrent
Accrued liabilities 2,900us-gaap_OtherAccruedLiabilitiesCurrent 26,200us-gaap_OtherAccruedLiabilitiesCurrent
Accrued compensation (including $73,500 and $71,700 to related parties as of December 31, 2014 and September 30, 2014 respectively) 341,900us-gaap_DeferredCompensationLiabilityCurrent 342,000us-gaap_DeferredCompensationLiabilityCurrent
Deferred revenue - grant funds 45,900us-gaap_DeferredRevenue 45,900us-gaap_DeferredRevenue
Derivative liability 193,000us-gaap_DerivativeLiabilitiesCurrent 153,100us-gaap_DerivativeLiabilitiesCurrent
Current portion of capital lease 3,300us-gaap_LongTermDebtCurrent 3,500us-gaap_LongTermDebtCurrent
Liabilities of discontinued operation 167,600us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 177,200us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 1,528,700us-gaap_LiabilitiesCurrent 1,616,800us-gaap_LiabilitiesCurrent
LONG-TERM LIABILITIES    
Secured convertible debt (net of discounts $144,300 and $174,200 as of December 31, 2014 and September 30, 2014 respectively) 1,505,700us-gaap_ConvertibleDebtNoncurrent 1,475,800us-gaap_ConvertibleDebtNoncurrent
Accrued interest 23,300us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent 2,600us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent
Capital lease 1,500us-gaap_CapitalLeaseObligationsNoncurrent 2,500us-gaap_CapitalLeaseObligationsNoncurrent
Total long-term liabilities 1,530,500us-gaap_LiabilitiesNoncurrent 1,480,900us-gaap_LiabilitiesNoncurrent
TOTAL LIABILITIES 3,059,200us-gaap_Liabilities 3,097,700us-gaap_Liabilities
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; authorized 180,000,000 shares and issued and outstanding 101,667,409 shares as of December 31, 2014 and September 30, 2014. 101,700us-gaap_CommonStockValue 101,700us-gaap_CommonStockValue
Additional paid-in capital 57,434,300us-gaap_AdditionalPaidInCapital 57,350,200us-gaap_AdditionalPaidInCapital
Accumulated deficit (60,088,100)us-gaap_RetainedEarningsAccumulatedDeficit (59,213,500)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' deficit (2,552,100)us-gaap_StockholdersEquity (1,761,600)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 507,100us-gaap_LiabilitiesAndStockholdersEquity $ 1,336,100us-gaap_LiabilitiesAndStockholdersEquity