Balance Sheet

v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2017
Sep. 30, 2016
Current Assets    
Cash and cash equivalents $ 61,110 $ 294,351
Prepaid expenses 282,136 598,484
Total Current Assets 343,246 892,835
Property and Equipment, Net of Accumulated Depreciation of $6,123 and $4,780 2,399 3,742
Other Assets    
Deposits 2,167 2,167
Deferred offering costs 64,801
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 20,988,963 21,053,764
Total Assets 21,334,608 21,950,341
Current liabilities:    
Accounts payable 1,862,940 909,156
Accrued expenses 1,856,372 958,101
Accrued compensation 1,082,365 903,250
Accrued interest 63,950 30,871
Notes payable - related parties 2,022,970 672,970
Derivative warrant liability 426,264 1,681,973
Due to related party 27,637 27,637
Total Current Liabilities 7,342,498 5,183,958
Commitments and contingencies
Stockholders' Equity    
Preferred stock - $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock – $0.001 par value; 200,000,000 shares authorized; 75,504,242 and 73,138,060 shares issued and outstanding at March 31, 2017 and September 30, 2016, respectively 75,504 73,138
Additional paid-in capital 36,172,114 34,029,492
Accumulated deficit (22,255,508) (17,336,247)
Total Stockholders' Equity 13,992,110 16,766,383
Total Liabilities and Stockholders' Equity $ 21,334,608 $ 21,950,341

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