XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
BALANCE SHEETS - USD ($)
Jun. 30, 2016
Sep. 30, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 5,218,960 $ 5,726,682
Receivables 790,658 87,214
Prepaid expenses 713,549 979,655
Deposits - current portion 150,000 150,000
Inventory used for R&D and manufacturing 1,259,458 1,401,839
Deferred rent - current portion 444,349 487,793
Total current assets 8,576,974 8,833,183
RESEARCH AND OFFICE EQUIPMENT, net 250,552 307,466
PATENT COSTS, net 266,493 291,564
DEFERRED RENT - net of current portion 3,565,684 4,044,473
DEPOSITS 1,820,917 1,970,917
TOTAL ASSETS 14,480,620 15,447,603
CURRENT LIABILITIES:    
Accounts payable 4,437,389 5,128,682
Accrued expenses 520,973 88,575
Due to employees 316,804 365,131
Related party loan 0 1,104,057
Deferred rent - current portion 4,037 9,997
Lease obligation - current portion 2,309 9,028
Total current liabilities 5,281,512 6,705,470
Derivative instruments 12,823,052 13,686,587
Deferred revenue 126,501 126,639
Deferred rent - net of current portion 18,378 9,026
Deposits held 5,000 5,000
Total liabilities 18,254,443 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, 145,146,097 shares and 112,360,568 shares issued and outstanding at June 30, 2016 and September 30, 2015, respectively 1,451,461 1,123,606
Additional paid-in capital 279,328,561 267,992,754
Accumulated deficit (284,553,845) (274,201,479)
Total stockholders' deficit (3,773,823) (5,085,119)
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT $ 14,480,620 $ 15,447,603