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Consolidated Statements of Operations (USD $)
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
REVENUE:      
GRANT INCOME AND OTHER $ 956,154 $ 153,300 $ 80,093
OPERATING EXPENSES:      
Research and development (excluding R&D depreciation of $438,738, $434,030 and $329,866 respectively, included below) 11,745,629 11,911,626 6,011,750
Depreciation and amortization 531,316 516,117 417,205
General and administrative 6,664,883 6,285,810 5,671,595
Total operating expenses 18,941,828 18,713,553 12,100,550
LOSS FROM OPERATIONS (17,985,674) (18,560,253) (12,020,457)
OTHER EXPENSES (12,000,000) 0 0
GAIN (LOSS) ON DERIVATIVE INSTRUMENTS 4,432,148 28,843,772 (28,491,650)
INTEREST INCOME 164,163 362,236 0
INTEREST EXPENSE (322,980) (162,326) (397,923)
NET (LOSS) INCOME (25,712,343) 10,483,429 (40,910,030)
MODIFICATION OF WARRANTS (1,068,369) (1,532,456) (490,728)
NET (LOSS) INCOME AVAILABLE TO COMMON SHAREHOLDERS $ (26,780,712) $ 8,950,973 $ (41,400,758)
NET (LOSS) INCOME PER COMMON SHARE-BASIC $ (0.13) $ 0.04 $ (0.31)
NET LOSS PER COMMON SHARE-DILUTED $ (0.15) $ (0.06) $ (0.31)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC 208,488,987 202,102,859 133,535,050
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-DILUTED 208,488,987 202,102,859 133,535,050