Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
OPERATING ACTIVITIES:    
Net income (loss) $ (874,600)us-gaap_NetIncomeLoss $ 135,100us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Net loss from discontinued operations 900us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 3,600us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Depreciation and amortization 2,200us-gaap_OtherDepreciationAndAmortization 2,800us-gaap_OtherDepreciationAndAmortization
Amortization of discount on bridge notes issued 29,900us-gaap_AmortizationOfDebtDiscountPremium 0us-gaap_AmortizationOfDebtDiscountPremium
Loss on derivative liability valuation 39,900us-gaap_DerivativeGainLossOnDerivativeNet 0us-gaap_DerivativeGainLossOnDerivativeNet
Stock-based compensation 62,500us-gaap_ShareBasedCompensation 364,000us-gaap_ShareBasedCompensation
Gain on extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (1,105,200)us-gaap_GainsLossesOnExtinguishmentOfDebt
Non-cash interest expense 20,700us-gaap_PaidInKindInterest 0us-gaap_PaidInKindInterest
Valuation of warrants - investor relations 21,600us-gaap_FairValueAdjustmentOfWarrants 0us-gaap_FairValueAdjustmentOfWarrants
Changes in operating assets and liabilities    
Accounts receivable 300us-gaap_IncreaseDecreaseInAccountsReceivable 8,200us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaids and other 31,600us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 31,000us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued liabilities (118,100)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (244,200)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Deferred compensation (100)us-gaap_IncreaseDecreaseInDeferredCompensation (251,500)us-gaap_IncreaseDecreaseInDeferredCompensation
Net cash used in operating activities (783,200)us-gaap_NetCashProvidedByUsedInOperatingActivities (1,056,200)us-gaap_NetCashProvidedByUsedInOperatingActivities
FINANCING ACTIVITIES:    
Repayment of a capital lease (1,200)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (1,700)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Net proceeds from purchase of common stock 0us-gaap_ProceedsFromIssuanceOfCommonStock 466,000us-gaap_ProceedsFromIssuanceOfCommonStock
Net cash (used in) provided by financing activities (1,200)us-gaap_NetCashProvidedByUsedInFinancingActivities 464,300us-gaap_NetCashProvidedByUsedInFinancingActivities
Net cash used in continuing operations (784,400)us-gaap_NetCashProvidedByUsedInContinuingOperations (591,900)us-gaap_NetCashProvidedByUsedInContinuingOperations
DISCONTINUED OPERATIONS    
Net Cash used in discontinued operations (10,500)us-gaap_NetCashProvidedByUsedInDiscontinuedOperations (18,700)us-gaap_NetCashProvidedByUsedInDiscontinuedOperations
NET DECREASE IN CASH (794,900)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (610,600)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash - beginning of period 1,240,600us-gaap_CashAndCashEquivalentsAtCarryingValue 1,273,600us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash - end of period 445,700us-gaap_CashAndCashEquivalentsAtCarryingValue 663,000us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for: Interest 900us-gaap_InterestPaidNet 1,000us-gaap_InterestPaidNet
Cash paid during the period for: Income taxes 3,200us-gaap_IncomeTaxesPaid 1,600us-gaap_IncomeTaxesPaid
Non-cash financing activities:    
Shares issued for accounts payable $ 0us-gaap_StockIssued1 $ 361,600us-gaap_StockIssued1