SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)
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1 Months Ended | 12 Months Ended | 72 Months Ended | ||
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Mar. 31, 2013
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2010
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Sep. 30, 2013
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Summary Of Significant Accounting Policies Details Narrative | |||||
Federally insured amount | $ 250,000 | $ 250,000 | |||
Cash balance in excess of FDIC limits | 4,872,895 | 2,382,413 | 4,872,895 | ||
Depreciable life for equipment | 5 years | ||||
Exercise of warrants for cash, warrants | 24,000 | ||||
Exercise of cashless warrants, warrants | 816,000 | ||||
Exercise of cashless warrants, value | 1,886,338 | 1,886,338 | |||
Proceeds from warrants exercised for cash | 55,481 | 5,251,755 | 2,902,560 | 9,159,315 | |
Research and development | $ 2,610,120 | $ 1,625,695 | $ 5,036,335 | ||
Potentially anti-dilutive securities excluded from earnings per share computation | 6,994,269 | 11,470,030 |
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- Details
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- Definition
The number of warrants exercised during the period in a cashless exercise. No definition available.
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- Definition
The exercise of cashless warrents value. No definition available.
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- Definition
The number of warrants exercised during the period. No definition available.
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- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition
The amount of cash as of the balance sheet date that is not insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition
The cash inflow associated with the amount received from holders exercising their stock warrants. No definition available.
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- Definition
Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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