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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2019
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 5,451,348 $ 8,019,152
Short-term investments 100,576
Accounts receivable, net 15,836 258,375
Prepaid expenses and other current assets 819,358 575,267
Digital assets 1,392 93,413
Total current assets 6,388,510 8,946,207
Non-current assets:    
Intangibles, net 1,773,312 173,806
Property and equipment, net 1,077
Security deposits 1,548,396 40,392
Total non-current assets 3,322,785 214,198
Total assets 9,711,295 9,160,405
Current liabilities:    
Accounts payable 821,612 374,241
Accrued liabilities 1,385,095 1,190,377
Deferred revenue 237,111 256,000
AirToken obligation 15,402,277
Deferred revenue - AirToken Project, current portion 5,011,926
AirToken refund liability 3,241,948
Deferred gain on issuance of AirTokens for services, current portion 158,713 702,864
Total current liabilities 10,856,405 17,925,759
Long-term liabilities:    
Simple agreement for future equity 239,899 239,899
Convertible note payable - long-term portion 10,000,000
Deferred gain on issuance of AirTokens for services, net of current portion 238,077 351,443
Deferred revenue - AirToken Project, net of current portion 7,517,898
Total liabilities 28,852,279 18,517,101
Commitments and contingencies (Note 14)
Stockholders' deficit:    
Common stock; par value $0.00001; 70,000,000 shares authorized; 7,728,821 shares issued and 6,813,928 shares outstanding as of September 30, 2019; 7,660,488 shares issued and 6,745,595 shares outstanding as of September 30, 2018 78 76
Treasury stock, at cost, 914,893 as of September 30, 2019, and September 30, 2018 (240,005) (240,005)
Additional paid in capital 2,014,658 1,884,566
Accumulated deficit (21,025,864) (11,001,067)
Accumulated other comprehensive income (loss) 110,363 (302)
Total stockholders' deficit attributable to CarrierEQ, Inc. stockholders (19,140,732) (9,356,694)
Non-controlling interest in subsidiary (252) (2)
Total stockholders' deficit (19,140,984) (9,356,696)
Total liabilities and stockholders' deficit 9,711,295 9,160,405
Convertible Preferred Stock Series One [Member]    
Stockholders' deficit:    
Convertible Preferred stock 27 27
Convertible Preferred Stock Series One A [Member]    
Stockholders' deficit:    
Convertible Preferred stock $ 11 $ 11