Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Sep. 30, 2011
Assets    
Cash and cash equivalents $ 2,177,605 $ 244,470
Accounts receivable, net 556,350 654,856
Prepaid expenses and other current assets 73,023 113,323
Total current assets 2,806,978 1,012,649
Accounts receivable, long term portion, net 382,365 371,438
Property and equipment, net 131,111 171,201
Deposits and other assets 29,007 31,007
Intangible assets, net 1,193,145 1,222,334
Total assets 4,542,606 2,808,629
Liabilities:    
Accounts payable 620,938 600,908
Accrued liabilities 398,533 424,595
Notes payable 900,000 1,000,000
Current portion of capital lease obligation 21,224 36,992
Total current liabilities 1,940,695 2,062,495
Long term portion of capital lease obligation    
Total liabilities 1,940,695 2,062,495
Commitments and contingencies    
Stockholders' equity:    
Series E convertible preferred stock, including related paid in capital, $0.001 par value, 200,000 shares authorized, 127,840 issued and outstanding, liquidation preference $38,202 10,866 10,866
Common stock, $0.001 par value, 10,000,000 shares authorized, 2,338,377 and 698,491 shares issued, 2,338,377 and 694,239 shares outstanding at December 31, 2011 and September 30, 2011, respectively 2,338 698
Treasury stock (4,252 shares carried at cost)   (70,923)
Paid in capital 22,788,413 20,813,082
Accumulated deficit (20,199,706) (20,007,589)
Total stockholders' equity 2,601,911 746,134
Total liabilities and stockholders' equity $ 4,542,606 $ 2,808,629