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BALANCE SHEETS - USD ($)
Sep. 30, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 2,917,996 $ 5,726,682
Receivables 394,515 87,214
Prepaid expenses 981,677 979,655
Deposits - current portion 154,995 150,000
Inventory used for R&D and manufacturing 1,008,642 1,401,839
Deferred rent - current portion 429,821 487,793
Total current assets 5,887,646 8,833,183
RESEARCH AND OFFICE EQUIPMENT, net 226,216 307,466
PATENT COSTS, net 256,547 291,564
DEFERRED RENT - net of current portion 3,406,921 4,044,473
DEPOSITS - net of current portion 1,820,917 1,970,917
TOTAL ASSETS 11,598,247 15,447,603
CURRENT LIABILITIES:    
Accounts payable 3,091,512 5,128,682
Accrued expenses 378,672 88,575
Due to employees 538,278 365,131
Related party loan 0 1,104,057
Deferred rent - current portion 3,310 9,997
Lease obligation - current portion 0 9,028
Total current liabilities 4,011,772 6,705,470
Derivative instruments - net of current portion 8,394,934 13,686,587
Deferred revenue 125,000 126,639
Deferred rent - net of current portion 17,609 9,026
Deposits held 5,000 5,000
Total liabilities 12,554,315 20,532,722
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; 155,962,079 and 112,360,568 shares issued and outstanding 1,559,621 1,123,606
Additional paid-in capital 283,152,288 267,992,754
Accumulated deficit (285,667,977) (274,201,479)
Total stockholders' deficit (956,068) (5,085,119)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 11,598,247 $ 15,447,603