v3.19.3.a.u2
Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2019
Sep. 30, 2019
Current assets    
Cash $ 5,677,539 $ 7,839,472
Prepaid expenses 64,730 121,371
Total current assets 5,742,269 14,056,346
Other assets 7,566 7,566
Operating lease ROU asset 209,419
Fixed assets, net 48,619 40,182
Total assets 6,007,873 8,008,591
Current liabilities    
Accounts payable and accrued liabilities 662,857 650,681
Accrued compensation 142,293
Operating lease liability 102,251
Deferred revenue 9,650 28,400
Total current liabilities 774,758 821,374
Operating long-term lease liability 102,413
Total liabilities 817,732 821,374
Commitments and contingencies (Note 5)
Series A convertible preferred stock, $0.01 par value, 1,000,000 shares authorized; 1,000,000 issued and outstanding as of December 31, 2019 and September 30, 2019 10,000 10,000
Common stock, $0.01 par value, 681,000,000 shares authorized; 40,792,510 and 40,792,510 issued and outstanding as of December 31, 2019 and September 30, 2019, respectively 407,925 407,925
Additional paid-in capital 68,277,399 68,225,828
Accumulated deficit (63,564,622) (61,456,536)
Total stockholders' equity 5,130,702 7,187,217
Total liabilities and stockholders' equity $ 6,007,873 $ 8,008,591
v3.19.3.a.u2
Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Revenues $ 18,570
Cost of revenues
Gross profit 18,750
Operating expenses    
General and administrative 1,304,780 532,974
Sales and marketing 256,044 213,975
Research and development 566,015 345,895
Total operating expenses 2,067,400 1,092,844
Operating loss (2,108,089) (1,092,844)
Other income (expenses)    
Interest income (expense), net 897
Net loss $ (2,108,089) $ (1,091,947)
Net loss per common share - basic and diluted $ (0.05) $ (0.03)
Weighted average common shares outstanding - basic and diluted 40,792,510 40,762,159
v3.19.3.a.u2
Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total
Balance at Sep. 30, 2018 $ 10,000 $ 407,438 $ 68,169,157 $ (54,622,513) $ 13,964,082
Balance, shares at Sep. 30, 2018 1,000,000 40,743,917      
Common stock issued for services $ 200 39,800 40,000
Common stock issued for services, shares 20,000      
Net loss (1,091,947) (1,091,947)
Balance at Dec. 31, 2018 $ 10,000 $ 407,638 68,208,957 (55,714,460) 12,912,135
Balance, shares at Dec. 31, 2018 1,000,000 40,763,917      
Balance at Sep. 30, 2019 $ 10,000 $ 407,925 68,225,825 (61,456,533) 7,187,217
Balance, shares at Sep. 30, 2019 1,000,000 40,792,510      
Stock option expense issued to directors, officers and employees 51,574 51,574
Net loss (2,108,089) (2,108,089)
Balance at Dec. 31, 2019 $ 10,000 $ 407,925 $ 68,277,399 $ (63,564,622) $ 5,130,702
Balance, shares at Dec. 31, 2019 1,000,000 40,792,510