Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2016
Sep. 30, 2016
CURRENT ASSETS:    
Cash $ 1,048,400 $ 318,200
Accounts receivable (net of allowance for doubtful accounts of $1,200 and $1,200 as of December 31, 2016, and September 30, 2016, respectively) 3,200 5,100
Prepaid insurance 24,800 59,800
Prepaid common stock 1,272,500 808,000
Prepaid other assets 17,400 18,800
Total current assets 2,366,300 1,209,900
Furniture and equipment, net 10,400 9,500
Intangible assets 81,900 87,100
Other assets 13,600 13,600
TOTAL ASSETS 2,472,200 1,320,100
CURRENT LIABILITIES:    
Accounts payable (including $15,000 and $10,000 to related parties as of December 31, 2016, and September 30, 2016, respectively) 521,600 426,600
Accrued liabilities 71,900 64,900
Accrued compensation 530,900 509,400
Accrued compensation - related parties 453,500 436,200
Deferred revenue - grant funds 45,900 45,900
Current portion of note payable 57,100 56,300
Current portion of capital lease 1,200 1,200
Total current liabilities 1,682,100 1,540,500
LONG-TERM LIABILITIES    
Long term portion of note payable 16,900 31,400
Long term portion of capital lease 4,400 4,700
Total long-term liabilities 21,300 36,100
TOTAL LIABILITIES 1,703,400 1,576,600
STOCKHOLDERS' EQUITY:    
Common stock, $0.001 par value; authorized 500,000,000 shares and issued and outstanding 2,261,061 shares and 1,941,061 shares as of December 31, 2016 and September 30, 2016, respectively 2,300 1,900
Additional paid-in capital 70,764,100 68,275,400
Accumulated deficit (69,997,600) (68,533,800)
Total stockholders' equity (deficit) 768,800 (256,500)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,472,200 $ 1,320,100