Balance Sheet

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Sep. 30, 2016
Current Assets:    
Cash and cash equivalents $ 3,204,108 $ 294,351
Prepaid expenses 220,246 598,484
Total Current Assets 3,424,354 892,835
Property and equipment, net 3,236 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 24,416,553 21,950,341
Current Liabilities:    
Accounts payable 602,431 909,156
Accrued expenses 560,918 958,101
Accrued compensation 1,063,000 903,250
Accrued interest 42,209 30,871
Notes payable - related parties 172,970 672,970
Derivative warrant liability 1,681,973
Due to related party 27,637 27,637
Total Current Liabilities 2,469,165 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; 8,345,844 and 4,875,871 shares issued and outstanding at September 30, 2017 and 2016, respectively 8,346 4,876
Additional paid-in capital 49,660,242 34,097,754
Accumulated deficit (27,721,200) (17,336,247)
Total Stockholders' Equity 21,947,388 16,766,383
Total Liabilities and Stockholders' Equity $ 24,416,553 $ 21,950,341

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