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STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,503,042) $ (20,401,554)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 80,784 112,518
Issuance of common stock and options for services 472,061 300,129
Equity based compensation 845,100 3,951,854
Common stock contributed to 401(k) plan 82,146 80,647
Loss on retired equipment 115 313
(Gain) loss on derivative instruments (5,529,230) 2,619,826
(Increase)/decrease in assets:    
Receivables 62,080 44,388
Deferred rent 349,335 374,364
Prepaid expenses 211,360 120,986
Inventory used for R&D and manufacturing 106,531 (115,485)
Deposits 150,000 150,000
Increase/(decrease) in liabilities:    
Accounts payable (1,659,395) 542,834
Accrued expenses 559,944 (48,006)
Due to employees (34,582) 27,897
Deferred rent liability 4,176 (3,316)
Deferred revenue (138) 48
Net cash used in operating activities (10,802,755) (12,242,557)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment (21,644) (56,616)
Expenditures for patent costs 0 (1,858)
Net cash used in investing activities (21,644) (58,474)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock and warrants 12,258,287 6,405,932
Payments on related party loan (1,104,057) 0
Payments on obligations under capital lease (4,423) (4,162)
Net cash provided by financing activities 11,149,807 6,401,770
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 325,408 (5,899,261)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 5,726,682 8,513,620
CASH AND CASH EQUIVALENTS, END OF PERIOD 6,052,090 2,614,359
ACCOUNTS PAYABLE    
Increase in receivables 298,693 0
(Decrease) in research and office equipment 0 (2,345)
Increase in patent costs 0 2,257
Decrease in capital lease obligation 22 21
Increase in direct financing costs 1,910 0
(Increase) decrease in accounts payable (300,625) 67
Total 0 0
ACCRUED EXPENSES    
Increase in receivables 331,000 0
(Increase) in accrued expenses (331,000) 0
Total 0 0
ADDITIONAL PAID IN CAPITAL    
(Increase) in derivative liabilities (5,060,771) (460,737)
Decrease in common stock 0 1,000
Increase in prepaid services 54,693 23,385
Decrease in additional paid in capital 5,006,078 436,352
Total 0 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid for interest expense $ 43,576 $ 83,308