Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Sep. 30, 2011
Assets    
Cash and cash equivalents $ 1,735,335 $ 244,470
Accounts receivable, net 521,245 654,856
Prepaid expenses and other current assets 87,176 113,323
Total current assets 2,343,756 1,012,649
Accounts receivable, long term portion, net 356,394 371,438
Property and equipment, net 63,712 171,201
Deposits and other assets 33,207 31,007
Intangible assets, net 1,347,955 1,222,334
Total assets 4,145,024 2,808,629
Liabilities and Stockholders' Equity    
Accounts payable 832,276 600,908
Accrued liabilities 530,045 424,595
Notes payable 129,944 1,000,000
Current portion of capital lease obligation   36,992
Total current liabilities 1,492,265 2,062,495
Total liabilities 1,492,265 2,062,495
Stockholders' equity:    
Series E convertible preferred stock, $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, 2,433,442 and 698,491 shares issued, 2,433,442 and 694,239 shares outstanding at June 30, 2012 and September 30, 2011, respectively 2,433 698
Treasury stock (0 and 4,252 shares, respectively, carried at cost)   (70,923)
Paid in capital 23,380,882 20,813,082
Accumulated deficit (20,741,422) (20,007,589)
Total stockholders' equity 2,652,759 746,134
Total liabilities and stockholders' equity $ 4,145,024 $ 2,808,629