6. INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2015

Income Tax Disclosure [Abstract]

Net deferred tax asset

		2015			2014
Net operating loss carryforwards	$	61,363,080		$	55,229,799
R&D credit		1,221,487			1,221,487
Stock-based compensation		5,854,794			4,054,450
Fixed assets and intangibles		41,018			26,329
Capitalized R&D		15,081,545			9,897,041
Vacation and other		114,625			108,891
Loan modification		56,779			-
Total deferred tax assets		83,733,328			70,537,997
Valuation allowance		(83,733,328	)		(70,537,9977	)
Net deferred tax asset	$	-		$	-

Reconciliation of effective tax rate

	2015		2014		2013
Federal Rate	34.00	%	34.00	%	34.00	%
State tax rate, net of federal benefit	5.12		5.15		4.97
State tax rate change	(0.15	)	0.93		(3.77	)
Other adjustments	(0.21	)	0.00		0.00
Expired tax attributes	0.00		0.00		(87.87	)
Adjustment to deferreds	0.00		19.13		14.30
Permanent differences	(0.71	)	(0.43	)	(1.59	)
Change in valuation allowance	(38.05	)	(58.78	)	39.96
Effective tax rate	0.00	%	0.00	%	0.00	%