Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Mar. 31, 2015
Sep. 30, 2014
Assets    
Cash and cash equivalents $ 7,189,182us-gaap_CashAndCashEquivalentsAtCarryingValue $ 8,114,682us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 869,740us-gaap_AccountsReceivableNetCurrent 854,583us-gaap_AccountsReceivableNetCurrent
Inventory 2,827,672us-gaap_InventoryNet 4,277,145us-gaap_InventoryNet
Prepaid expenses and other current assets 363,023us-gaap_PrepaidExpenseAndOtherAssetsCurrent 583,647us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 11,249,617us-gaap_AssetsCurrent 13,830,057us-gaap_AssetsCurrent
Property and equipment, net 153,547us-gaap_PropertyPlantAndEquipmentNet 153,114us-gaap_PropertyPlantAndEquipmentNet
Deposits and other assets 64,800us-gaap_OtherAssets 65,161us-gaap_OtherAssets
Intangible assets, net 4,308,834us-gaap_IntangibleAssetsNetExcludingGoodwill 3,071,210us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 1,169,904us-gaap_Goodwill 1,169,904us-gaap_Goodwill
Total assets 16,946,702us-gaap_Assets 18,289,446us-gaap_Assets
Liabilities and Stockholders' Equity    
Accounts payable 1,170,159us-gaap_AccountsPayableCurrent 2,282,887us-gaap_AccountsPayableCurrent
Accrued liabilities 2,530,880us-gaap_AccruedLiabilitiesCurrent 1,046,030us-gaap_AccruedLiabilitiesCurrent
Derivative liability 0us-gaap_DerivativeLiabilities 83,580us-gaap_DerivativeLiabilities
Note payable, net of debt discount 480,962us-gaap_DebtCurrent 920,360us-gaap_DebtCurrent
Total current liabilities 4,182,001us-gaap_LiabilitiesCurrent 4,332,857us-gaap_LiabilitiesCurrent
Long-term loans 229,299us-gaap_LongTermDebt 638,969us-gaap_LongTermDebt
Commitments and contingencies 242,500us-gaap_CommitmentsAndContingencies 251,000us-gaap_CommitmentsAndContingencies
Total Liabilities 4,653,800us-gaap_Liabilities 5,222,826us-gaap_Liabilities
Stockholders' equity:    
Series E convertible preferred stock, $0.001 par value, 200,000 shares authorized, 127,840 shares issued and outstanding at March 31, 2015 and September 30, 2014, liquidation preference $38,203 10,866us-gaap_PreferredStockValue 10,866us-gaap_PreferredStockValue
Common stock, $0.001 par value, 30,000,000 shares authorized, 16,141,805 and 14,525,248 shares issued and outstanding at March 31, 2015 and September 30, 2014, respectively 16,147us-gaap_CommonStockValue 14,531us-gaap_CommonStockValue
Paid in capital 50,306,458us-gaap_AdditionalPaidInCapital 45,038,176us-gaap_AdditionalPaidInCapital
Accumulated deficit (38,040,569)us-gaap_RetainedEarningsAccumulatedDeficit (31,996,953)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 12,292,902us-gaap_StockholdersEquity 13,066,620us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 16,946,702us-gaap_LiabilitiesAndStockholdersEquity $ 18,289,446us-gaap_LiabilitiesAndStockholdersEquity