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STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 2,341,813 $ (7,845,318)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 41,741 56,613
Issuance of common stock and options for services 329,195 189,144
Equity based compensation 427,910 3,059,791
Common stock contributed to 401(k) plan 40,995 40,341
Loss on retired equipment 115 313
Gain on derivative instruments (8,122,960) (2,162,970)
(Increase)/decrease in assets:    
Receivables 75,206 (74,118)
Deferred rent 176,825 189,277
Prepaid expenses 51,628 133,152
Inventory used for R&D and manufacturing 58,798 216,992
Deposits 150,000 150,000
Increase/(decrease) in liabilities:    
Accounts payable (1,666,792) 457,735
Accrued expenses 280,032 123,001
Due to employees (25,056) 28,389
Deferred rent liability 4,245 (1,494)
Deferred revenue (1,639) 0
Net cash used in operating activities (5,837,944) (5,439,152)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment (14,831) (17,100)
Net cash used in investing activities (14,831) (17,100)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock and warrants 10,550,538 6,405,932
Payments on obligations under capital lease (2,194) (2,065)
Net cash provided by financing activities 10,548,344 6,403,867
NET INCREASE IN CASH AND CASH EQUIVALENTS 4,695,569 947,615
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 5,726,682 8,513,620
CASH AND CASH EQUIVALENTS, END OF PERIOD 10,422,251 9,461,235
ACCOUNTS PAYABLE    
Increase in receivables 366,267 0
Increase in research and office equipment 6,814 23,715
Decrease in capital lease obligation 11 10
Increase in direct financing costs 21,000 0
(Increase) in accounts payable (394,092) (23,725)
Total 0 0
ADDITIONAL PAID IN CAPITAL    
(Increase) in derivative liabilities (5,060,771) (460,737)
Increase in prepaid services 8,177 6,389
Decrease in additional paid in capital 5,052,594 454,348
Total 0 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid for interest expense $ 33,260 $ 41,670