Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Sep. 30, 2018
Current assets:    
Cash $ 2,180,329 $ 4,667,410
Inventory 346,647 0
Prepaid expenses and other current assets 362,705 151,794
Total current assets 2,889,681 4,819,204
Long-term assets:    
Property and equipment, net 9,023 17,261
Other assets 3,500 3,500
Total long-term assets 12,523 20,761
Total assets 2,902,204 4,839,965
Current liabilities:    
Accounts payable 533,555 160,946
Accrued expenses and other liabilities 180,256 127,439
Total current liabilities 713,811 288,385
Long-term liabilities:    
Long-term derivative liability 2,995,690 3,191,752
Total long-term liabilities 2,995,690 3,191,752
Total liabilities 3,709,501 3,480,137
Commitments and contingencies
Stockholders' equity (deficit):    
Common stock, $0.001 par value, 300,000,000 shares authorized, 173,577,233 and 164,397,013 shares issued and outstanding as of September 30, 2019 and September 30, 2018, respectively 172,612 159,815
Additional paid-in capital 37,885,151 35,517,491
Accumulated deficit (38,865,060) (34,317,478)
Total stockholders' equity (deficit) (807,297) 1,359,828
Total liabilities and stockholders' equity (deficit) $ 2,902,204 $ 4,839,965