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BALANCE SHEETS - USD ($)
Sep. 30, 2015
Sep. 30, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 5,726,682 $ 8,513,620
Receivables 87,214 81,820
Prepaid expenses 979,655 907,526
Deposits - current portion 150,000 150,000
Inventory used for R&D and manufacturing 1,401,839 1,452,020
Deferred rent - current portion 487,793 544,074
Total current assets 8,833,183 11,649,060
RESEARCH AND OFFICE EQUIPMENT, net 307,466 403,004
PATENT COSTS, net 291,564 323,588
DEFERRED RENT - net of current portion 4,044,473 4,733,865
DEPOSITS 1,970,917 2,120,917
TOTAL ASSETS 15,447,603 19,230,434
CURRENT LIABILITIES:    
Accounts payable 5,128,682 1,160,783
Accrued expenses 88,575 547,208
Due to employees 365,131 307,961
Related party loan 1,249,181 1,104,057
Deferred rent - current portion 9,997 6,375
Lease obligation - current portion 9,028 8,495
Derivative instruments - current portion 0 18,105
Total current liabilities 6,850,594 3,152,984
Derivative instruments - net of current portion 13,686,587 5,487,141
Deferred revenue 126,639 126,591
Deferred rent - net of current portion 9,026 6,290
Lease obligation - net of current portion 0 9,028
Deposits held 5,000 5,000
Total liabilities 20,677,846 $ 8,787,034
COMMITMENTS AND CONTINGENCIES  
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value-200,000 shares authorized; -0- shares issued and outstanding 0 $ 0
Common stock, $.01 par value - 600,000,000 shares authorized; 112,360,568 and 81,902,471 shares issued and outstanding at September 30, 2015 and 2014, respectively 1,123,606 819,025
Additional paid-in capital 267,847,630 249,151,208
Accumulated deficit (274,201,479) (239,526,833)
Total stockholders' (deficit) equity (5,230,243) 10,443,400
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 15,447,603 $ 19,230,434