SIONIX CORP

CIK:0000764667|SEC Filings

Condensed Consolidated Statement of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Statement Of Operations [Abstract]
Net Revenue	$ 22,500		$ 50,000
Cost of revenues			4,558
Gross profit	22,500		45,442
Operating expenses
General and administrative	208,457	796,135	1,407,277	2,168,923
Sales and marketing	5,112	62,020	58,924	210,327
Research and development	198,626	285,056	1,336,015	599,929
Depreciation	6,472	8,607	23,849	16,055
Total operating expenses	418,667	1,151,818	2,826,065	2,995,234
Loss from operations	(396,167)	(1,151,818)	(2,780,622)	(2,995,234)
Other income (expense)
Interest expense and financing costs	(489,671)	(251,831)	(1,198,216)	(714,456)
Gain (loss) on change in fair value of derivative liability	(241,520)	36,911	(272,097)	35,538
Other income (expense)		6,908		6,908
Change in fair value of unregistered shares shortfall	1,783,000		266,941
Loss on asset disposition	(4,326)		(8,854)
Loss on Legal settlements	(15,000)		(15,000)
Loss on settlement of debt			527,521	(548,501)
Total other income (expense)	690,264	(559,620)	(1,849,291)	(1,220,511)
Income (loss) before income taxes	294,097	(1,711,438)	(4,629,919)	(4,215,745)
Income taxes
Net Income (loss)	294,097	(1,711,438)	(4,629,919)	(4,215,745)
Less: Net income attributable to the noncontrolling interest		122,566		125,153
Net Income (loss) attributable to Sionix Corporation	$ 294,097	$ (1,588,872)	$ (4,629,919)	$ (4,090,592)
Amounts attributable to Sionix Corporation:
Basic income (loss) per share	$ 0.00	$ (0.01)	$ (0.01)	$ (0.01)
Diluted income (loss) per share	$ 0.00	$ (0.01)	$ (0.01)	$ (0.01)
Basic weighted average number of shares of common stock outstanding	440,415,881	339,671,367	419,966,351	322,945,023
Diluted weighted average number of shares of common stock outstanding	499,475,366	339,671,367	419,966,351	322,945,023

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities
Net loss	$ (4,629,919)	$ (4,215,745)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation	23,849	16,055
Amortization of debt discounts	1,359,226	366,985
Share based payments	(53,513)	203,766
Common stock issued for services	355,175	1,220,341
(Gain) loss on change in fair value of derivative liability	272,097	(35,538)
Loss on sale of property and equipment	(21,103)
(Gain) loss on change in fair value of unregistered shares shortfall	(266,941)
(Gain) Loss on settlement of debt	(527,521)	548,501
Changes in operating assets and liabilities:
Other Receivables	27,854
Inventory	521,349	(149,627)
Other current assets	(132,230)	(322,809)
Accounts payable	99,767	(59,565)
Accrued expenses	602,737	380,399
Deferred revenue	(10,000)
Net cash used by operating activities	(1,861,769)	(2,047,237)
Cash flows from investing activities:
Proceeds from sale of property and equipment, net	81,127
Purchase of property and equipment	(5,748)	(124,434)
Net cash provided (used) by investing activities	75,379	(124,434)
Cash flows from financing activities:
Borrowings, net	944,000	975,000
Common stock issued for cash	195,000	400,200
Noncontrolling interests in subsidiary issued for cash	(569,647)	1,600,000
Note payments for cash	(30,070)
Net cash (used) provided by financing activities	539,283	2,975,200
Net increase (decrease) in cash and cash equivalents	(1,247,107)	803,529
Cash and cash equivalents, beginning of period	1,348,069	685
Cash and cash equivalents, end of period	100,962	804,214
SUPPLEMENTARY CASH FLOW INFORMATION:
Income taxes paid		599
SUPPLEMENTARY DISCLOSURE OF NONCASH FINANCING ACTIVITIES:
Debt issued for WBI	450,000
Notes & accrued interest converted	1,485,526
Shares to be issued	$ 1,125,000

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2013	Sep. 30, 2012
Current assets:
Cash and cash equivalents	$ 100,962	$ 1,348,069
Other receivable		27,854
Inventory	790,000	1,311,349
Other current assets	103,550	91,529
Total current assets	994,512	2,778,801
Non-current assets:
Property and equipment, net	49,994	128,119
Total assets	1,044,506	2,906,920
Current liabilities:
Accounts payable	342,896	155,547
Accrued Expenses	1,310,972	907,728
Notes payable - related parties	45,000	25,000
Convertible notes, net of debt discount	1,184,136	1,444,737
Secured promissory notes		225,681
Deferred Revenue		10,000
Derivative liability	668,226	396,129
Unregistered shares shortfall	1,913,279	2,180,220
Shares to be issued	1,125,000	165,880
Total current liabilities	6,589,509	5,510,921
Long-Term Debt, net of discount	1,039,207
Total Liabilities	7,628,715	5,510,921
Stockholders' Deficit Attributable to Sionix Corporation:
Preferred stock, $0.001 par value, 10,000,000 shares authorized at June 30, 2013 and September 30, 2012
Common stock, $0.001 par value (600,000,000 shares authorized; 473,834,579 shares issued and outstanding at June 30, 2013; 387,968,434 shares issued and outstanding at September 30, 2012)	473,835	387,968
Additional paid-in capital	34,889,826	33,078,094
Accumulated deficit	(41,947,870)	(37,317,951)
Total stockholders' deficit attributable to Sionix Corporation	(6,584,209)	(3,851,889)
Deficit attributable to noncontrolling interest		1,247,888
Total stockholders' deficit	(6,584,209)	(2,604,001)
Total liabilities and stockholders' deficit	$ 1,044,506	$ 2,906,920