Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.4
Consolidated Statements of Operations - USD ($)
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
OPERATING EXPENSES    
General and administrative $ 11,869,747 $ 12,202,217
Research and development 21,448,592 11,475,201
Research and development, Vera acquisition 0 2,888,029
TOTAL OPERATING EXPENSES 33,318,339 26,565,447
LOSS FROM OPERATIONS (33,318,339) (26,565,447)
OTHER INCOME (EXPENSE)    
Interest expense (24,047) (32,330)
Interest income 148,556 12,550
Change in fair value of warrant liabilities 0 950,151
Equity in losses on equity method investment (415,747) (224,534)
Other (expense) income, net (166,873) 450,309
Total other (expense) income, net (458,111) 1,156,146
NET LOSS $ (33,776,450) $ (25,409,301)
BASIC LOSS PER SHARE (in dollars per share) $ (1.04) $ (0.93)
DILUTED LOSS PER SHARE (in dollars per share) $ (1.04) $ (0.93)
WEIGHTED AVERAGE SHARES OUTSTANDING:    
BASIC 32,487,244 27,306,043
DILUTED 32,487,244 27,306,043