v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Jun. 30, 2012
Sep. 30, 2012
Series E Convertible Preferred Stock [Member]
Jun. 30, 2012
Series E Convertible Preferred Stock [Member]
Sep. 30, 2012
Series F Convertible Preferred Stock [Member]
Sep. 10, 2012
Series F Convertible Preferred Stock [Member]
Sep. 07, 2012
Series F Convertible Preferred Stock [Member]
Jun. 30, 2012
Series F Convertible Preferred Stock [Member]
Sep. 30, 2012
Series G Convertible Preferred Stock [Member]
Jun. 30, 2012
Series G Convertible Preferred Stock [Member]
ASSETS                    
Cash and cash equivalents ($- and $8,916) $ 7,807 $ 16,404                
Restricted cash 638,304 638,304                
Accounts receivable, net of allowances of $- and $- at September 30, 2012 and June 30, 2012, respectively 180,426 40,942                
Prepaid expenses and other current assets ($2,000 and $2,000) 4,788 2,000                
Total Current Assets 831,325 697,650                
Property and Equipment Net of accumulated depreciation of $10,395 and $5,673 at September 30, 2012 and June 30, 2012, respectively 245,721 65,475                
Other Assets                    
Customer contracts, less accumulated amortization of $21,042 at September 30, 2012 2,503,955 0                
Total Other Assets 2,503,955 0                
Total Assets 3,581,001 763,125                
LIABILITIES AND STOCKHOLDERS DEFICIT                    
Accounts payable ($158,313 and $158,313) 1,291,679 1,271,890                
Accrued expenses and other current liabilities ($30,848 and $30,848) 365,344 216,544                
Accrued compensation 172,388 166,348                
Current portion of notes payable, net of discounts of $79,998 and $1,810 at September 30, 2012 and June 30, 2012, respectively 546,654 133,240                
Current portion of obligation under capital lease 44,945                  
Liabilities related to discontinued operations 638,308 638,308                
Total Current Liabilities 3,059,318 2,426,330                
Long-term portion of notes payable, net of discounts of $7,232 and $31,835 at September 30, 2012 and June 30, 2012, respectively 950,935 118,165                
Long-term portion of obligation under capital lease 74,826 0                
Total Liabilities 4,085,079 2,544,495                
Commitments and Contingencies                              
Stockholders Deficit                    
Preferred stock     100,000 200,000 90,000 90,000 1,000 0 1,250,000 0
Common stock - par value $.001 per share; 495,000,000 shares authorized; 135,354,346 and 123,578,320 shares issued and outstanding at September 30, 2012 and June 30, 2012, respectively 135,354 123,578                        
Additional paid-in capital 3,912,966 3,573,094                
Accumulated deficit (5,104,603) (5,493,440)                
Total stockholders deficit of AccelPath, Inc. (303,783) (1,596,768)                
Non-controlling interest (200,295) (184,602)                
Total Stockholders Deficit (504,078) (1,781,370)                
Total Liabilities and Stockholders Deficit $ 3,581,001 $ 763,125