Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2015
Sep. 30, 2014
CURRENT ASSETS:    
Cash $ 310,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,240,600us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable (net of allowance for doubtful accounts of $1,200 and $1,200 as of March 31, 2015 and September 30, 2014 respectively) 5,400us-gaap_AccountsReceivableNetCurrent 9,300us-gaap_AccountsReceivableNetCurrent
Prepaids and other assets 114,700us-gaap_PrepaidExpenseAndOtherAssetsCurrent 58,200us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 430,100us-gaap_AssetsCurrent 1,308,100us-gaap_AssetsCurrent
Furniture and equipment, net 5,300us-gaap_PropertyPlantAndEquipmentNet 8,700us-gaap_PropertyPlantAndEquipmentNet
Other assets 18,300us-gaap_OtherAssetsNoncurrent 19,300us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 453,700us-gaap_Assets 1,336,100us-gaap_Assets
CURRENT LIABILITIES:    
Accounts payable (including $51,400 and $41,300 to related parties as March 31, 2015 and September 30, 2014 respectively) 841,500us-gaap_AccountsPayableCurrent 868,900us-gaap_AccountsPayableCurrent
Accrued liabilities 85,400us-gaap_OtherAccruedLiabilitiesCurrent 26,200us-gaap_OtherAccruedLiabilitiesCurrent
Accrued compensation (including $249,000 and $71,700 to related parties as of March 31, 2015 and September 30, 2014 respectively) 415,900us-gaap_DeferredCompensationLiabilityCurrent 342,000us-gaap_DeferredCompensationLiabilityCurrent
Deferred revenue - grant funds 45,900us-gaap_DeferredRevenue 45,900us-gaap_DeferredRevenue
Secured convertible debt (net of discounts $144,300 and $174,200 as of March 31, 2015 and September 30, 2014 respectively) 1,920,700us-gaap_ConvertibleDebtNoncurrent 1,475,800us-gaap_ConvertibleDebtNoncurrent
Accrued interest 45,400us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent 2,600us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent
Derivative liability 85,800us-gaap_DerivativeLiabilitiesCurrent 153,100us-gaap_DerivativeLiabilitiesCurrent
Current portion of capital lease 3,400us-gaap_LongTermDebtCurrent 3,500us-gaap_LongTermDebtCurrent
Liabilities of discontinued operation 157,700us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 177,200us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 3,601,700us-gaap_LiabilitiesCurrent 3,095,200us-gaap_LiabilitiesCurrent
LONG-TERM LIABILITIES    
Capital lease 700us-gaap_CapitalLeaseObligationsNoncurrent 2,500us-gaap_CapitalLeaseObligationsNoncurrent
Total long-term liabilities 700us-gaap_LiabilitiesNoncurrent 2,500us-gaap_LiabilitiesNoncurrent
TOTAL LIABILITIES 3,602,400us-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 March 31, 2015 and September 30, 2014. 101,700us-gaap_CommonStockValue 101,700us-gaap_CommonStockValue
Additional paid-in capital 57,534,000us-gaap_AdditionalPaidInCapital 57,350,200us-gaap_AdditionalPaidInCapital
Accumulated deficit (60,784,400)us-gaap_RetainedEarningsAccumulatedDeficit (59,213,500)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' deficit (3,148,700)us-gaap_StockholdersEquity (1,761,600)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 453,700us-gaap_LiabilitiesAndStockholdersEquity $ 1,336,100us-gaap_LiabilitiesAndStockholdersEquity