Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Sep. 30, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 23,152,663 $ 52,893,387
Prepaid insurance 319,699 499,061
Other prepaid expenses and current assets 1,176,303 1,536,186
Total current assets 24,648,665 54,928,634
EQUIPMENT, net 2,156,851 2,463,882
OTHER ASSETS    
Investment 0 415,744
Right-of-use asset, operating lease asset 5,614,698 5,945,295
Security deposit 273,215 253,615
Other long-term assets 0 160,423
Total other assets 5,887,913 6,775,077
TOTAL ASSETS 32,693,429 64,167,593
CURRENT LIABILITIES    
Accounts payable 1,843,027 1,807,885
Accrued expenses and other current liabilities 1,662,660 1,747,746
Insurance note payable 0 148,385
Operating lease liabilities 553,066 382,576
Finance lease liabilities 107,632 107,632
Total current liabilities 4,166,385 4,194,224
Long-term operating lease liability 5,335,164 5,794,096
Long-term finance lease liability 0 109,500
TOTAL LIABILITIES 9,501,549 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 September 30, 2022 and 2021 0 0
Common stock, $0.0001 par value; 250,000,000 shares authorized; 33,008,657 and 32,721,493 shares issued and outstanding as of September 30, 2022 and 2021, respectively 3,300 3,272
Additional paid-in capital 125,932,933 123,034,404
Accumulated deficit (102,744,353) (68,967,903)
Total stockholders' equity 23,191,880 54,069,773
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 32,693,429 $ 64,167,593