Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.10.0.1
Income Taxes (Tables)
12 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of U.S. federal income tax rate

    2018     2017     2016  
Computed “expected” tax benefit     (24.5 %)     (35.0 %)     (35.0 %)
Increase (decrease) in income taxes resulting from:                        
State taxes, net of federal benefit     (6.0 %)     (5.2 %)     (5.2 %)
Permanent differences     0.0 %     1.3 %     4.2 %
Increase in the valuation reserve     30.5 %     38.9 %     36.0 %
      0.0 %     0.0 %     0.0 %

Schedule of deferred income taxes

    September 30,
2018
    September 30,
2017
 
Deferred tax assets:                
Net operating loss carryforward   $ 8,962,000     $ 7,123,000  
Stock-based compensation     1,350,000       1,425,000  
Valuation allowance     (10,312,000 )     (8,548,000 )
Deferred tax assets   $     $