v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Sep. 30, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 7,730,654 $ 10,313,966
Prepaid insurance 339,449 449,583
Other prepaid expenses and current assets 462,700 265,686
Total Current Assets 8,532,803 11,029,235
EQUIPMENT, net 471,419 430,995
OTHER ASSETS    
Intangible assets, net 20,833 145,833
Investment 561,909 586,418
Long-term prepaid insurance 290,499 338,916
Total Other Assets 873,241 1,071,167
TOTAL ASSETS 9,877,463 12,531,397
CURRENT LIABILITIES    
Accounts payable 1,366,511 1,477,152
Accrued expenses 242,922 405,599
Warrant liabilities 1,190,477 496,343
Insurance note payable 49,493 122,919
LONG-TERM LIABILITIES    
TOTAL LIABILITIES 2,849,403 2,502,013
COMMITMENTS AND CONTINGENCIES
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of December 31, 2019 and September 30, 2019; no shares issued and outstanding as of December 31, 2019 and September 30, 2019 0 0
Common stock, $0.0001 par value; 250,000,000 shares authorized as of December 31, 2019 and September 30, 2019, respectively; 17,077,873 shares issued and outstanding as of December 31, 2019 and September 30, 2019 1,708 1,708
Additional paid-in capital 38,532,101 37,027,875
Accumulated deficit (31,505,749) (27,000,199)
Total stockholders' equity 7,028,060 10,029,384
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,877,463 $ 12,531,397

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