Annual report pursuant to Section 13 and 15(d)

QUARTERLY FINANCIAL DATA UNAUDITED (Tables)

v2.4.1.9
QUARTERLY FINANCIAL DATA UNAUDITED (Tables)
12 Months Ended
Sep. 30, 2014
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial data
    First   Second   Third   Fourth   Total
2014                    
Total revenue   $ —       $ —       $ —       $ —       $ —    
Operating loss     (2,021,493 )     (1,968,383 )     (2,056,416 )     (3,076,632 )     (9,122,924 )
Net loss     (2,021,925 )     (1,968,251 )     (2,052,089 )     (3,088,399 )     (9,130,664 )
Net loss per basic and diluted share   $ (0.10 )   $ (0.10 )   $ (0.09 )   $ (0.12 )   $ (0.41 )

 

  First   Second   Third   Fourth   Total
2013                    
Total revenue   $ —       $ —       $ —       $ —       $ —    
Operating loss     (814,751 )     (668,143 )     1,335,575     (1,802,447 )     4,620,916
Net loss     (2,218,352 )     (292,258 )     (1,338,431 )     (1,803,447 )     (5,652,488 )
Net loss per basic and diluted share   $ (0.14 )   $ (0.02 )   $ (0.07 )   $ (0.07 )   $ (0.30 )