Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 1,418,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 855,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Prepaid expenses 2,000us-gaap_PrepaidExpenseCurrent 27,000us-gaap_PrepaidExpenseCurrent
Total Current Assets 1,420,000us-gaap_AssetsCurrent 882,000us-gaap_AssetsCurrent
Fixed Assets, net 5,000us-gaap_PropertyPlantAndEquipmentNet 6,000us-gaap_PropertyPlantAndEquipmentNet
Total Other Assets 5,000us-gaap_AssetsNoncurrent 6,000us-gaap_AssetsNoncurrent
TOTAL ASSETS 1,425,000us-gaap_Assets 888,000us-gaap_Assets
Current Liabilities:    
Accounts payable 256,000us-gaap_AccountsPayableCurrent 412,000us-gaap_AccountsPayableCurrent
Accrued interest 2,184,000us-gaap_InterestPayableCurrent 2,025,000us-gaap_InterestPayableCurrent
Accrued expenses 5,458,000us-gaap_AccruedLiabilitiesCurrent 3,085,000us-gaap_AccruedLiabilitiesCurrent
Line of credit 28,000us-gaap_LineOfCredit 28,000us-gaap_LineOfCredit
Warrant liability 39,702,000us-gaap_ProductWarrantyAccrualClassifiedCurrent 21,581,000us-gaap_ProductWarrantyAccrualClassifiedCurrent
Settlement note payable 691,000OXIS_SettlementNotePayable 691,000OXIS_SettlementNotePayable
Demand notes payable 252,000OXIS_DemandNotesPayableNetOfDiscountOf54000And0 252,000OXIS_DemandNotesPayableNetOfDiscountOf54000And0
Convertible debentures, current portion, net of discount of $38,000 and $-0- 1,391,000OXIS_ConvertibleDebenturesNetOfDiscountOf0And0CurrentPortion 1,207,000OXIS_ConvertibleDebenturesNetOfDiscountOf0And0CurrentPortion
Convertible debentures 547,000us-gaap_ConvertibleDebtCurrent 547,000us-gaap_ConvertibleDebtCurrent
Total Current Liabilities 50,509,000us-gaap_LiabilitiesCurrent 29,828,000us-gaap_LiabilitiesCurrent
Long term liabilities:    
Convertible debt, net of discount of $4,240,000 and $2,302,000 849,000us-gaap_ConvertibleDebtNoncurrent 634,000us-gaap_ConvertibleDebtNoncurrent
Total long term liabilities 849,000us-gaap_LiabilitiesNoncurrent 634,000us-gaap_LiabilitiesNoncurrent
Total liabilities 51,358,000us-gaap_Liabilities 30,462,000us-gaap_Liabilities
Stockholders' Deficit:    
Convertible preferred stock - $0.001 par value; 15,000,000 shares authorized: Series C - 96,230 and 96,230 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively 1,000OXIS_ConvertiblePreferredStockSeriesC 1,000OXIS_ConvertiblePreferredStockSeriesC
Series H - 25,000 and 25,000 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively 0OXIS_ConvertiblePreferredStockSeriesH 0OXIS_ConvertiblePreferredStockSeriesH
Series I - 1,666,667 and 1,666,667 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively 2,000OXIS_ConvertiblePreferredStockSeriesI 2,000OXIS_ConvertiblePreferredStockSeriesI
Common stock - $0.001 par value; 600,000,000 shares authorized; 595,714,484 and 591,714,484 shares issued and outstanding at March 31, 2015 and December 31, 2014 596,000us-gaap_CommonStockValue 592,000us-gaap_CommonStockValue
Additional paid-in capital 83,109,000us-gaap_AdditionalPaidInCapital 82,956,000us-gaap_AdditionalPaidInCapital
Accumulated deficit (133,472,000)us-gaap_RetainedEarningsAccumulatedDeficit (112,956,000)us-gaap_RetainedEarningsAccumulatedDeficit
Noncontrolling interest (169,000)us-gaap_MinorityInterest (169,000)us-gaap_MinorityInterest
Total Stockholders' Deficit (49,933,000)us-gaap_StockholdersEquity (29,574,000)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,425,000us-gaap_LiabilitiesAndStockholdersEquity $ 888,000us-gaap_LiabilitiesAndStockholdersEquity