Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Sep. 30, 2019
Current assets:    
Cash $ 1,788,929 $ 2,180,329
Inventory, net 953,955 346,647
Prepaid expenses and other current assets 140,691 362,705
Total current assets 2,883,575 2,889,681
Long-term assets:    
Property and equipment, net 7,777 9,023
Other assets 3,500 3,500
Total long-term assets 11,277 12,523
Total assets 2,894,852 2,902,204
Current liabilities:    
Accounts payable 724,307 533,555
Accrued expenses and other liabilities 92,871 180,256
Total current liabilities 817,178 713,811
Long-term liabilities:    
Long-term derivative liability 2,613,192 2,995,690
Total long-term liabilities 2,613,192 2,995,690
Total liabilities 3,430,370 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 March 31, 2020 and September 30, 2019, respectively 186,898 172,612
Additional paid-in capital 40,534,282 37,885,151
Accumulated deficit (41,256,698) (38,865,060)
Total stockholders' equity (deficit) (535,518) (807,297)
Total liabilities and stockholders' equity (deficit) $ 2,894,852 $ 2,902,204