Balance Sheet

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2019
Sep. 30, 2019
Current Assets:    
Cash and cash equivalents $ 2,779,650 $ 7,893,804
Prepaid expenses 55,747 48,111
Total Current Assets 2,835,397 7,941,915
Property and equipment, net 413 590
Operating lease right-of-use asset, net 1,103,155
Other Assets:    
Deposits 57,093 57,093
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 21,043,889 21,043,889
Total Assets 24,982,854 28,986,394
Current Liabilities:    
Accounts payable 1,547,261 2,713,542
Accrued expenses 209,118 246,225
Accrued compensation 1,475,983 1,400,688
Accrued interest - related parties 78,288 74,297
Notes payable - related parties 172,970 172,970
Operating lease liability 146,244
Total Current Liabilities 3,629,864 4,607,722
Operating lease liability - non current 976,198
Total Liabilities 4,606,062 4,607,722
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; 30,177,674 and 28,930,493 shares issued and outstanding at December 31, 2019 and September 30, 2019, respectively 30,178 28,930
Additional paid-in capital 80,488,966 80,169,724
Accumulated deficit (60,142,352) (55,819,982)
Total Stockholders' Equity 20,376,792 24,378,672
Total Liabilities and Stockholders' Equity $ 24,982,854 $ 28,986,394

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