XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
BALANCE SHEETS (UNAUDITED) (USD $)
Mar. 31, 2013
Sep. 30, 2012
ASSETS    
Cash and cash equivalents $ 6,985,737 $ 3,941,042
Receivables 39,559 158,614
Prepaid expenses 1,267,990 1,306,041
Inventory used for R&D and manufacturing 1,286,776 1,384,484
Deferred rent - current portion 625,307 651,768
Total current assets 10,205,369 7,441,949
RESEARCH AND OFFICE EQUIPMENT AND LEASEHOLD IMPROVEMENTS-- less accumulated depreciation and amortization of $2,867,192 and $2,711,792 578,930 630,948
PATENT COSTS--less accumulated amortization of $1,121,773 and $1,313,046 344,212 384,278
DEFERRED RENT - net of current portion 5,691,250 5,939,358
DEPOSITS 1,670,917 1,670,917
TOTAL ASSETS 18,490,678 16,067,450
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 465,818 592,867
Accrued expenses 231,298 191,214
Due to employees 62,880 20,178
Deferred rent - current portion 7,059 4,195
Lease obligations - current portion 7,583 0
Related party loan 1,104,057 1,104,057
Total current liabilities 1,878,695 1,912,511
Derivative instruments 4,899,228 6,983,690
Deferred revenue 126,545 126,500
Deferred rent-net of current portion 10,117 12,317
Lease obligations - net of current portion 25,195 0
Deposits held 5,000 5,000
Total liabilities 6,944,780 9,040,018
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value - authorized 200,000 shares, issued and outstanding, -0- 0 0
Common stock, $.01 par value - authorized 600,000,000 shares; issued and outstanding, 309,234,293 and 273,113,332 shares at March 31, 2013 and September 30, 2012, respectively 3,092,343 2,731,133
Additional paid-in capital 214,466,793 207,285,920
Accumulated deficit (206,013,238) (202,989,621)
Total stockholders' equity 11,545,898 7,027,432
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 18,490,678 $ 16,067,450