Annual report pursuant to Section 13 and 15(d)

4. Prepaid Expenses and Other Current Assets

v3.6.0.2
4. Prepaid Expenses and Other Current Assets
12 Months Ended
Sep. 30, 2016
Notes  
4. Prepaid Expenses and Other Current Assets

4.                   Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following as of September 30:

 

 

2016

 

 

2015

 

Prepaid legal and professional fees

$

333,741

 

$

2,500

 

Other

 

112,117

 

 

8,661

 

Research and development

 

96,346

 

 

-

 

Prepaid information technology services

 

57,073

 

 

9,810

 

Line of credit acquisition fees

 

30,978

 

 

-

 

Prepaid insurance

 

14,602

 

 

5,942

 

Prepaid consulting services

 

-

 

 

291,648

 

Prepaid employee services

 

-

 

 

205,000

 

 

 

 

 

 

Total prepaid expenses and other current assets

$

644,857

 

$

523,561