Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.21.4
Consolidated Statements of Operations - USD ($)
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING EXPENSES    
General and administrative $ 12,202,217 $ 10,123,298
Research and development 11,475,201 6,946,008
Research and development, Vera acquisition 2,888,029  
TOTAL OPERATING EXPENSES 26,565,447 17,069,306
LOSS FROM OPERATIONS (26,565,447) (17,069,306)
OTHER INCOME (EXPENSE)    
Interest expense (32,330) (7,686)
Interest income 12,550  
Change in fair value of warrant liabilities 950,151 (453,808)
Equity in losses on equity method investment (224,534) (262,861)
Other income, net 450,309 409,141
Total other income (expense), net 1,156,146 (315,214)
NET LOSS $ (25,409,301) $ (17,384,520)
BASIC LOSS PER SHARE (in dollars per share) $ (0.93) $ (0.89)
DILUTED LOSS PER SHARE (in dollars per share) $ (0.93) $ (0.89)
WEIGHTED AVERAGE SHARES OUTSTANDING:    
BASIC 27,306,043 19,620,291
DILUTED 27,306,043 19,620,291