Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.4.0.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash $ 440,200 $ 432,100
Accounts receivable (net of allowance for doubtful accounts of $1,200 and $1,200 as of March 31, 2016, and September 30, 2015, respectively) 6,800 11,800
Prepaid insurance 111,700 57,400
Prepaid other assets 58,900 46,900
Total current assets 617,600 548,200
Furniture and equipment, net 7,700 $ 1,700
Intangible assets 9,000
Other assets 25,600 $ 17,200
TOTAL ASSETS 659,900 567,100
CURRENT LIABILITIES:    
Accounts payable (including $10,000 and $10,000 to related parties as of March 31, 2016, and September 30, 2015, respectively) 744,200 852,000
Accrued liabilities 182,600 156,300
Accrued compensation 433,000 418,500
Accrued compensation - related parties 259,700 226,100
Deferred revenue - grant funds 45,900 45,900
Current portion of capital lease 1,700 2,400
Total current liabilities 1,667,100 1,701,200
LONG-TERM LIABILITIES    
Secured convertible debt - related parties (net of discounts $363,100 and $209,900 as of March 31, 2016 and September 30, 2015, respectively) 3,346,900 2,240,100
Secured convertible debt - other (net of discounts $30,700 and $28,900 as of March 31, 2016, and September 30, 2015, respectively) 619,300 525,700
Accrued interest 192,400 103,600
Derivative liability 1,441,700 $ 833,000
Long term portion of capital lease 5,400
Total long-term liabilities 5,605,700 $ 3,702,400
TOTAL LIABILITIES 7,272,800 5,403,600
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; authorized 500,000,000 shares and issued and outstanding 102,717,409 shares and 102,417,409 shares as of March 31, 2016 and September 30, 2015, respectively 102,700 102,400
Additional paid-in capital 59,471,300 57,654,000
Accumulated deficit (66,186,900) (62,592,900)
Total stockholders' deficit (6,612,900) (4,836,500)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 659,900 $ 567,100