XML 12 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
BALANCE SHEETS - USD ($)
Mar. 31, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 6,052,090 $ 5,726,682
Receivables 654,827 87,214
Prepaid expenses 822,988 979,655
Deposits - current portion 150,000 150,000
Inventory used for R&D and manufacturing 1,295,308 1,401,839
Deferred rent - current portion 458,877 487,793
Total current assets 9,434,090 8,833,183
RESEARCH AND OFFICE EQUIPMENT, net 266,586 307,466
PATENT COSTS, net 273,189 291,564
DEFERRED RENT - net of current portion 3,724,054 4,044,473
DEPOSITS 1,820,917 1,970,917
TOTAL ASSETS 15,518,836 15,447,603
CURRENT LIABILITIES:    
Accounts payable 3,769,912 5,128,682
Accrued expenses 979,519 88,575
Due to employees 330,549 365,131
Related party loan 0 1,104,057
Deferred rent - current portion 5,923 9,997
Lease obligation - current portion 4,583 9,028
Total current liabilities 5,090,486 6,705,470
Derivative instruments - net of current portion 13,218,128 13,686,587
Deferred revenue 126,501 126,639
Deferred rent - net of current portion 17,276 9,026
Deposits held 5,000 5,000
Total liabilities $ 18,457,391 $ 20,532,722
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' DEFICIT    
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, 134,876,033 shares and 112,360,568 shares issued and outstanding at March 31, 2016 and September 30, 2015, respectively 1,348,760 1,123,606
Additional paid-in capital 276,417,206 267,992,754
Accumulated deficit (280,704,521) (274,201,479)
Total stockholders' deficit (2,938,555) (5,085,119)
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT $ 15,518,836 $ 15,447,603