Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Sep. 30, 2018
Current assets:    
Cash $ 3,377,653 $ 4,667,410
Prepaid expenses and other current assets 240,012 151,794
Total current assets 3,617,665 4,819,204
Long-term assets:    
Property and equipment, net 15,480 17,261
Other assets 3,500 3,500
Total long-term assets 18,980 20,761
Total assets 3,636,645 4,839,965
Current liabilities:    
Accounts payable 130,632 160,946
Accrued expenses and other liabilities 145,920 127,439
Total current liabilities 276,552 288,385
Long-term liabilities:    
Long-term derivative liability 4,024,165 3,191,752
Total long-term liabilities 4,024,165 3,191,752
Total liabilities 4,300,717 3,480,137
Commitments and contingencies
Stockholders' equity (deficit):    
Common stock, $0.001 par value, 300,000,000 shares authorized, 164,961,849 and 164,297,013 shares issued and outstanding as of December 31, 2018 and September 30, 2018, respectively 162,197 159,815
Additional paid-in capital 36,091,446 35,517,491
Accumulated deficit (36,917,715) (34,317,478)
Total stockholders' equity (deficit) (664,072) 1,359,828
Total liabilities and stockholders' equity (deficit) $ 3,636,645 $ 4,839,965