Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Sep. 30, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 17,386,326 $ 23,152,663
Prepaid insurance 188,266 319,699
Other prepaid expenses and current assets 391,655 1,176,303
Total current assets 17,966,247 24,648,665
EQUIPMENT, net 1,934,100 2,156,851
OTHER ASSETS    
Right-of-use asset, operating lease asset 5,409,574 5,614,698
Security deposit 273,215 273,215
Total other assets 5,682,789 5,887,913
TOTAL ASSETS 25,583,136 32,693,429
CURRENT LIABILITIES    
Accounts payable 369,505 1,843,027
Accrued expenses and other current liabilities 1,227,656 1,662,660
Operating lease liabilities 469,118 553,066
Finance lease liabilities 78,987 107,632
Total current liabilities 2,145,266 4,166,385
Long-term operating lease liability 5,214,074 5,335,164
TOTAL LIABILITIES 7,359,340 9,501,549
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2022 and September 30, 2022
Common stock, $0.0001 par value; 250,000,000 shares authorized; 33,155,356 and 33,008,657 shares issued and outstanding as of December 31, 2022 and September 30, 2022, respectively 3,315 3,300
Additional paid-in capital 125,333,873 125,932,933
Accumulated deficit (107,113,392) (102,744,353)
TOTAL STOCKHOLDERS' EQUITY 18,223,796 23,191,880
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 25,583,136 $ 32,693,429