Consolidated Statements of Cash Flows (USD $)
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6 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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Cash flows from operating activities: | ||
Net Loss | $ (454,821)us-gaap_NetIncomeLoss | $ (9,188,596)us-gaap_NetIncomeLoss |
Adjustments to reconcile net loss to cash used in operating activities: | ||
Stock-based compensation | 609,272us-gaap_ShareBasedCompensation | 503,355us-gaap_ShareBasedCompensation |
Noncash interest expense on notes payable | 78,320arth_NoncashInterestExpenseOnNotesPayable | 55,530arth_NoncashInterestExpenseOnNotesPayable |
Issuance of common stock for services | 8,625us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims | 51,750us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims |
Gain on exercise of warrants | (224,000)arth_GainOnExerciseOfWarrants | 0arth_GainOnExerciseOfWarrants |
Loss on warrant derivative modification | 1,924,186arth_ChangeToGainOrLossOnWarrantModification | 0arth_ChangeToGainOrLossOnWarrantModification |
Adjustment to fair value of derivative | (3,849,448)us-gaap_IncreaseDecreaseInDerivativeLiabilities | (484,875)us-gaap_IncreaseDecreaseInDerivativeLiabilities |
Non cash expense for issuance of warrants | 0arth_NonCashExpenseForIssuanceOfWarrants | 7,541,693arth_NonCashExpenseForIssuanceOfWarrants |
Other noncash adjustments | 0us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities | 92,500us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities |
(Increase) decrease in: | ||
Prepaid expenses and other current assets | 11,029us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (11,288)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
Increase (decrease) in: | ||
Accounts payable | 28,267us-gaap_IncreaseDecreaseInAccountsPayable | (210,614)us-gaap_IncreaseDecreaseInAccountsPayable |
Accrued expenses and other liabilities | 58,650us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities | 9,108us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities |
Net cash used in operating activities | (1,809,920)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (1,641,437)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
Cash flows from financing activities: | ||
Proceeds from exercise of warrants | 800,000us-gaap_ProceedsFromWarrantExercises | 0us-gaap_ProceedsFromWarrantExercises |
Proceeds from issuance of common stock and warrants | 0arth_ProceedsFromIssuanceOfCommonStockAndWarrants | 2,715,403arth_ProceedsFromIssuanceOfCommonStockAndWarrants |
Proceeds from issuance of convertible notes | 750,000us-gaap_ProceedsFromConvertibleDebt | 0us-gaap_ProceedsFromConvertibleDebt |
Proceeds from issuance of notes payable | 0us-gaap_ProceedsFromNotesPayable | 1,000,000us-gaap_ProceedsFromNotesPayable |
Net cash provided by financing activities | 1,550,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 3,715,403us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
Net (decrease) increase in cash and cash equivalents | (259,920)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 2,073,966us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
Cash and cash equivalents, beginning of period | 833,520us-gaap_CashAndCashEquivalentsAtCarryingValue | 557,319us-gaap_CashAndCashEquivalentsAtCarryingValue |
Cash and cash equivalents, end of period | $ 573,600us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 2,631,285us-gaap_CashAndCashEquivalentsAtCarryingValue |
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- Definition
Gain on warrant derivative modification. No definition available.
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- Definition
Gain on exercise of warrants. No definition available.
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- Definition
Non cash expense for issuance of warrants during the period. No definition available.
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- Definition
Noncash interest expense on notes payable. No definition available.
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X | ||||||||||
- Definition
The cash inflow from the issuance of common stock and warrants No definition available.
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X | ||||||||||
- Definition
The aggregate amount of adjustments to net income or loss necessary to remove the effects of all items whose cash effects are investing or financing cash flows. The aggregate amount also includes all noncash expenses and income items which reduce or increase net income and are thus added back or deducted when calculating cash provided by or used in operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of accrued expenses and other operating obligations not separately disclosed in the statement of cash flows. No definition available.
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X | ||||||||||
- Definition
The increase (decrease) during the period in the carrying value of derivative instruments reported as liabilities that are due to be disposed of within one year (or the normal operating cycle, if longer). No definition available.
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- Details
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- Details
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value of share-based compensation granted to nonemployees as payment for services rendered or acknowledged claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from holders exercising their stock warrants. No definition available.
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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