Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Sep. 30, 2015
Current assets:    
Cash $ 5,745,047 $ 3,960,100
Prepaid expenses and other current assets 157,989 42,919
Total current assets 5,903,036 4,003,019
Total assets 5,903,036 4,003,019
Current liabilities:    
Accounts payable 492,948 231,761
Accrued expenses and other liabilities 189,275 245,478
Convertible notes, net of unamortized discount 0 473,747
Current derivative liabilities 0 335,092
Total current liabilities 682,223 1,286,078
Long-term liabilities:    
Note payable, net of unamortized discount 975,118 966,824
Accrued interest, net of current portion 300,750 210,000
Total long-term liabilities 1,275,868 1,176,824
Total liabilities 1,958,091 2,462,902
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value, 300,000,000 shares authorized, 133,024,279 and 107,592,205 shares issued and outstanding as of June 30, 2016 and September 30, 2015, respectively 131,024 107,392
Additional paid-in capital 23,711,632 17,154,945
Accumulated deficit (19,897,711) (15,722,220)
Total stockholders’ equity 3,944,945 1,540,117
Total liabilities and stockholders' equity $ 5,903,036 $ 4,003,019