Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Sep. 30, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 38,958,116 $ 52,893,387
Prepaid insurance 109,762 499,061
Other prepaid expenses and current assets 1,151,979 1,536,186
Total current assets 40,219,857 54,928,634
EQUIPMENT, net 2,429,732 2,463,882
OTHER ASSETS    
Investment 0 415,744
Right-of-use asset, operating lease asset 5,883,956 5,945,295
Security deposit 273,215 253,615
Other long-term assets 0 160,423
Total other assets 6,157,171 6,775,077
TOTAL ASSETS 48,806,760 64,167,593
CURRENT LIABILITIES    
Accounts payable 1,621,243 1,807,885
Accrued expenses and other current liabilities 2,702,387 1,747,746
Insurance note payable 0 148,385
Operating lease liabilities 548,011 382,576
Finance lease liabilities 113,564 107,632
Total current liabilities 4,985,205 4,194,224
Long-term operating lease liability 5,608,737 5,794,096
Long-term finance lease liability 49,816 109,500
TOTAL LIABILITIES 10,643,758 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 March 31, 2022 and September 30, 2021 0 0
Common stock, $0.0001 par value; 250,000,000 shares authorized; 32,258,657 and 32,721,493 shares issued and outstanding as of March 31, 2022 and September 30, 2021, respectively 3,225 3,272
Additional paid-in capital 124,780,525 123,034,404
Accumulated deficit (86,620,748) (68,967,903)
Total stockholders' equity 38,163,002 54,069,773
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 48,806,760 $ 64,167,593