Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.21.4
Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Sep. 30, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 52,893,387 $ 31,992,283
Prepaid insurance 499,061 521,617
Other prepaid expenses and current assets 1,536,186 294,640
Total current assets 54,928,634 32,808,540
EQUIPMENT, net 2,463,882 1,166,934
OTHER ASSETS    
Investment 415,744 323,557
Long-term prepaid insurance 0 145,250
Right-of-use asset, operating lease asset 5,945,295 0
Security deposit 253,615 0
Other long-term assets 160,423 0
Total other assets 6,775,077 468,807
TOTAL ASSETS 64,167,593 34,444,281
CURRENT LIABILITIES    
Accounts payable 1,807,885 1,505,042
Accrued expenses and other current liabilities 1,747,746 555,883
Warrant liabilities 0 950,151
Insurance note payable 148,385 138,557
Operating lease liabilities 382,576 0
Finance lease liabilities 107,632 0
Total current liabilities 4,194,224 3,149,633
Long-term operating lease liability 5,794,096 0
Long-term finance lease liability 109,500 0
TOTAL LIABILITIES 10,097,820 3,149,633
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, 2021 and 2020 0 0
Common stock, $0.0001 par value; 250,000,000 shares authorized; 32,721,493 and 23,154,084 shares issued and outstanding as of September 30, 2021 and 2020, respectively 3,272 2,315
Additional paid-in capital 123,034,404 74,850,935
Accumulated deficit (68,967,903) (43,558,602)
Total stockholders' equity 54,069,773 31,294,648
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 64,167,593 $ 34,444,281