Balance Sheet

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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Sep. 30, 2018
Current Assets:    
Cash and cash equivalents $ 7,893,804 $ 9,184,003
Other receivables 818,343
Prepaid expenses 48,111 57,732
Total Current Assets 7,941,915 10,060,078
Property and equipment, net 590 1,483
Other Assets:    
Deposits 57,093 2,167
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 21,043,889 20,988,963
Total Assets 28,986,394 31,050,524
Current Liabilities:    
Accounts payable 2,713,542 1,573,444
Accrued expenses 246,225 181,657
Accrued compensation 1,400,688 1,198,915
Accrued interest 74,297 57,854
Notes payable – related parties 172,970 172,970
Due to related party
Total Current Liabilities 4,607,722 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; 28,930,493 and 16,198,791 shares issued and outstanding at September 30, 2019 and 2018, respectively 28,930 16,199
Additional paid-in capital 80,169,724 68,107,323
Accumulated deficit (55,819,982) (40,257,838)
Total Stockholders' Equity 24,378,672 27,865,684
Total Liabilities and Stockholders' Equity $ 28,986,394 $ 31,050,524

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