Balance Sheet

v3.10.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2018
Sep. 30, 2018
Current Assets:    
Cash and cash equivalents $ 7,041,473 $ 9,184,003
Other receivables 818,343
Prepaid expenses 46,623 57,732
Total Current Assets 7,088,096 10,060,078
Property and Equipment, Net 1,248 1,483
Other Assets:    
Deposits 2,167 2,167
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 20,988,963 20,988,963
Total Assets 28,078,307 31,050,524
Current Liabilities:    
Accounts payable 2,083,432 1,573,444
Accrued expenses 200,430 181,657
Accrued compensation 1,381,415 1,198,915
Accrued interest - related parties 61,857 57,854
Notes payable - related parties 172,970 172,970
Total Current Liabilities 3,900,104 3,184,840
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; 17,798,791 and 16,198,791 shares issued and outstanding at December 31, 2018 and September 30, 2018, respectively 17,799 16,199
Additional paid-in capital 68,292,972 68,107,323
Accumulated deficit (44,132,568) (40,257,838)
Total Stockholders' Equity 24,178,203 27,865,684
Total Liabilities and Stockholders' Equity $ 28,078,307 $ 31,050,524

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