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BALANCE SHEETS - USD ($)
Dec. 31, 2016
Sep. 30, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 2,386,673 $ 2,917,996
Receivables 4,128 394,515
Prepaid expenses 866,987 981,677
Deposits - current portion 154,995 154,995
Inventory used for R&D and manufacturing 694,504 1,008,642
Deferred rent - current portion 415,003 429,821
Total current assets 4,522,290 5,887,646
RESEARCH AND OFFICE EQUIPMENT, net 229,676 226,216
PATENT COSTS, net 247,267 256,547
DEFERRED RENT - net of current portion 3,257,739 3,406,921
DEPOSITS 1,670,917 1,820,917
TOTAL ASSETS 9,927,889 11,598,247
CURRENT LIABILITIES:    
Accounts payable 2,741,353 3,091,512
Accrued expenses 319,476 378,672
Due to employees 476,413 538,278
Derivative instruments, current portion 249,157 0
Other current liabilities 7,203 3,310
Total current liabilities 3,793,602 4,011,772
Derivative instruments - net of current portion 1,533,549 8,394,934
Deferred revenue 125,000 125,000
Other Liabilities 42,447 22,609
Total liabilities 5,494,598 12,554,315
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY (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, 190,931,286 and 155,962,079 shares issued and outstanding at December 31, 2016 and September 30, 2016, respectively 1,909,313 1,559,621
Additional paid-in capital 284,655,153 283,152,288
Accumulated deficit (282,131,175) (285,667,977)
Total stockholders' equity (deficit) 4,433,291 (956,068)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 9,927,889 $ 11,598,247