Balance Sheet

v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2019
Sep. 30, 2018
Current Assets:    
Cash and cash equivalents $ 4,510,751 $ 9,184,003
Other receivables 818,343
Prepaid expenses 46,623 57,732
Total Current Assets 4,557,374 10,060,078
Property and Equipment, Net 777 1,483
Other Assets:    
Deposits 2,167
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 20,986,796 20,988,963
Total Assets 25,544,947 31,050,524
Current Liabilities:    
Accounts payable 2,430,863 1,573,444
Accrued expenses 158,223 181,657
Accrued compensation 1,205,686 1,198,915
Accrued interest - related parties 70,100 57,854
Notes payable - related parties 172,970 172,970
Total Current Liabilities 4,037,842 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; 22,075,781 and 16,198,791 shares issued and outstanding at June 30, 2019 and September 30, 2018, respectively 22,076 16,199
Additional paid-in capital 73,655,109 68,107,323
Accumulated deficit (52,170,080) (40,257,838)
Total Stockholders' Equity 21,507,105 27,865,684
Total Liabilities and Stockholders' Equity $ 25,544,947 $ 31,050,524

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