Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Sep. 30, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 47,326,060 $ 52,893,387
Prepaid insurance 313,577 499,061
Other prepaid expenses and current assets 844,404 1,536,186
Total current assets 48,484,041 54,928,634
EQUIPMENT, net 2,464,643 2,463,882
OTHER ASSETS    
Investment 0 415,744
Right-of-use asset, operating lease asset 5,841,696 5,945,295
Security deposit 253,615 253,615
Other long-term assets 0 160,423
Total other assets 6,095,311 6,775,077
TOTAL ASSETS 57,043,995 64,167,593
CURRENT LIABILITIES    
Accounts payable 1,193,713 1,807,885
Accrued expenses and other current liabilities 2,412,880 1,747,746
Insurance note payable 0 148,385
Operating lease liabilities 429,507 382,576
Finance lease liabilities 111,513 107,632
Total current liabilities 4,147,613 4,194,224
Long-term operating lease liability 5,683,192 5,794,096
Long-term finance lease liability 78,987 109,500
TOTAL LIABILITIES 9,909,792 10,097,820
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2021 and September 30, 2021 0 0
Common stock, $0.0001 par value; 250,000,000 shares authorized; 32,768,184 and 32,721,493 shares issued and outstanding as of December 31, 2021 and September 30, 2021, respectively 3,276 3,272
Additional paid-in capital 123,827,646 123,034,404
Accumulated deficit (76,696,719) (68,967,903)
Total stockholders' equity 47,134,203 54,069,773
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 57,043,995 $ 64,167,593