Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Sep. 30, 2019
Current assets:    
Cash $ 3,023,388 $ 2,180,329
Inventory, net 200,355 346,647
Prepaid expenses and other current assets 329,511 362,705
Total current assets 3,553,254 2,889,681
Long-term assets:    
Property and equipment, net 9,542 9,023
Other assets 3,500 3,500
Total long-term assets 13,042 12,523
Total assets 3,566,296 2,902,204
Current liabilities:    
Accounts payable 401,548 533,555
Accrued expenses and other liabilities 229,708 180,256
Total current liabilities 631,256 713,811
Long-term liabilities:    
Long-term derivative liability 3,035,877 2,995,690
Total long-term liabilities 3,035,877 2,995,690
Total liabilities 3,667,133 3,709,501
Commitments and contingencies
Stockholders' equity (deficit):    
Common stock, $0.001 par value, 300,000,000 shares authorized, 187,862,947 and 173,577,233 shares issued and outstanding as of December 31, 2019 and September 30, 2019, respectively 186,898 172,612
Additional paid-in capital 40,237,079 37,885,151
Accumulated deficit (40,524,814) (38,865,060)
Total stockholders' equity (deficit) (100,837) (807,297)
Total liabilities and stockholders' equity (deficit) $ 3,566,296 $ 2,902,204