Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 855,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 43,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable 0us-gaap_AccountsReceivableNetCurrent 40,000us-gaap_AccountsReceivableNetCurrent
Inventories 0us-gaap_InventoryNet 42,000us-gaap_InventoryNet
Prepaid expenses 27,000us-gaap_PrepaidExpenseCurrent 0us-gaap_PrepaidExpenseCurrent
Total Current Assets 882,000us-gaap_AssetsCurrent 125,000us-gaap_AssetsCurrent
Fixed assets, net 6,000us-gaap_PropertyPlantAndEquipmentNet 0us-gaap_PropertyPlantAndEquipmentNet
Patents, net 0us-gaap_FiniteLivedIntangibleAssetsNet 22,000us-gaap_FiniteLivedIntangibleAssetsNet
Total Other Assets 6,000us-gaap_AssetsNoncurrent 22,000us-gaap_AssetsNoncurrent
TOTAL ASSETS 888,000us-gaap_Assets 147,000us-gaap_Assets
Current Liabilities:    
Accounts payable 412,000us-gaap_AccountsPayableCurrent 940,000us-gaap_AccountsPayableCurrent
Accrued interest 2,025,000us-gaap_InterestPayableCurrent 1,619,000us-gaap_InterestPayableCurrent
Accrued expenses 3,085,000us-gaap_AccruedLiabilitiesCurrent 1,225,000us-gaap_AccruedLiabilitiesCurrent
Line of credit 28,000us-gaap_LineOfCredit 28,000us-gaap_LineOfCredit
Warrant liability 21,581,000us-gaap_ProductWarrantyAccrualClassifiedCurrent 109,000us-gaap_ProductWarrantyAccrualClassifiedCurrent
Settlement note payable 691,000OXIS_SettlementNotePayable 695,000OXIS_SettlementNotePayable
Demand notes payable, net of discount of $-0- and $90,000 252,000OXIS_DemandNotesPayableNetOfDiscount 154,000OXIS_DemandNotesPayableNetOfDiscount
Convertible debentures, net of discount of $-0- and $142,000, current portion 1,207,000OXIS_ConvertibleDebenturesNetOfDiscountCurrentPortion 1,067,000OXIS_ConvertibleDebenturesNetOfDiscountCurrentPortion
Convertible debentures 547,000us-gaap_ConvertibleDebtCurrent 547,000us-gaap_ConvertibleDebtCurrent
Total Current Liabilities 29,828,000us-gaap_LiabilitiesCurrent 6,384,000us-gaap_LiabilitiesCurrent
Long term liabilities:    
Convertible debentures, net of discount of $2,302,000 and $75,000 634,000us-gaap_ConvertibleDebtNoncurrent 97,000us-gaap_ConvertibleDebtNoncurrent
Total long term liabilities 634,000us-gaap_LiabilitiesNoncurrent 97,000us-gaap_LiabilitiesNoncurrent
Total liabilities 30,462,000us-gaap_Liabilities 6,481,000us-gaap_Liabilities
Convertible preferred stock - $0.001 par value; 15,000,000 shares authorized:    
Series C - 96,230 and 96,230 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively 1,000OXIS_ConvertiblePreferredStockSeriesC 1,000OXIS_ConvertiblePreferredStockSeriesC
Series H - 25,000 and 25,000 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively 0OXIS_ConvertiblePreferredStockSeriesH 0OXIS_ConvertiblePreferredStockSeriesH
Series I - 1,666,667 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively 2,000OXIS_ConvertiblePreferredStockSeriesI 2,000OXIS_ConvertiblePreferredStockSeriesI
Common stock - $0.001 par value; 600,000,000 shares authorized; and 591,714,484 and 573,051,524 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively 592,000us-gaap_CommonStockValue 574,000us-gaap_CommonStockValue
Additional paid-in capital 82,956,000us-gaap_AdditionalPaidInCapital 82,709,000us-gaap_AdditionalPaidInCapital
Accumulated deficit (112,956,000)us-gaap_RetainedEarningsAccumulatedDeficit (89,467,000)us-gaap_RetainedEarningsAccumulatedDeficit
Noncontrolling interest (169,000)us-gaap_MinorityInterest (153,000)us-gaap_MinorityInterest
Total Stockholders' Deficit (29,574,000)us-gaap_StockholdersEquity (6,334,000)us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 888,000us-gaap_LiabilitiesAndStockholdersEquity $ 147,000us-gaap_LiabilitiesAndStockholdersEquity