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BALANCE SHEETS - USD ($)
Mar. 31, 2017
Sep. 30, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 1,529,802 $ 2,917,996
Receivables 4,252 394,515
Prepaid expenses 720,466 981,677
Deposits - current portion 150,000 154,995
Inventory used for R&D and manufacturing 678,664 1,008,642
Total current assets 3,083,184 5,457,825
PROPERTY AND EQUIPMENT, net 17,087,085 17,350,836
PATENT COSTS, net 239,214 256,547
DEPOSITS 1,670,917 1,820,917
TOTAL ASSETS 22,080,400 24,886,125
CURRENT LIABILITIES:    
Accounts payable 7,074,898 3,091,512
Accrued expenses 509,841 378,672
Due to employees 607,289 538,278
Derivative instruments, current portion 208,493 0
Other current liabilities 7,792 3,310
Total current liabilities 8,408,313 4,011,772
Derivative instruments - net of current portion 3,228,252 8,394,934
Lease liability 13,110,357 13,011,023
Deferred revenue 125,000 125,000
Other liabilities 40,478 22,609
Total liabilities 24,912,400 25,565,338
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; 8,655,685and 6,235,035 shares issued and outstanding at March 31, 2017 and September 30, 2016, respectively 86,557 62,350
Additional paid-in capital 287,377,903 284,649,559
Accumulated deficit (290,296,460) (285,391,122)
Total stockholders' deficit (2,832,000) (679,213)
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT $ 22,080,400 $ 24,886,125