Quarterly report pursuant to Section 13 or 15(d)

Common Stock, Stock Options and Warrants (Details Textual)

v3.20.1
Common Stock, Stock Options and Warrants (Details Textual) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Feb. 10, 2020
Oct. 08, 2019
Apr. 03, 2019
Feb. 14, 2020
Jan. 31, 2020
Dec. 31, 2019
Nov. 04, 2019
Oct. 28, 2019
Sep. 27, 2019
Sep. 16, 2019
Feb. 13, 2019
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Sep. 30, 2019
Feb. 07, 2018
Common Stock, Stock Options and Warrants (Textual)                                  
Proceeds from common stock warrant exercises                           $ 6,027,137 $ 23,216    
Common stock, shares issued                       38,078,062   38,078,062   28,930,493  
Stock option purchase grants                           3,110,000      
Stock-based compensation expense                       $ 158,833 $ 203,695 $ 379,217 $ 374,944    
Unrecognized total compensation cost related to unvested awards                       $ 937,912   $ 937,912      
Board of Directors [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Shares per unit price   $ 0.67           $ 0.55                  
Stock options to purchase exercised   705,799           25,000                  
Stock option purchase grants   125,000                              
Shares to directors   125,000                              
Options vest over terms, description               All of these options vest over terms of 12 to 36 months and have a term of 10 years                  
Common Stock [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Common stock, par value                 $ 0.0001                
Shares per unit price                 $ 0.77                
Warrants to purchase common stock                 547,486                
Estimated fair value of the warrant granted to the placement agent                 $ 323,414                
Sale of stock price                 $ 0.8951                
Warrants sold and issued to investors                 $ 6,290,335                
Exercise price of warrants                 $ 1.118875                
Common stock issued for services 150,000           186,566     94,097 125,000            
Common stock issued for services fair value $ 306,020           $ 100,000     $ 94,097 $ 117,500            
Description of warrants                 The estimated fair value of the 1,060,615 pre-funded warrants was $809,145, and the estimated fair value of the 7,821,230 warrants included in the units and the pre-funded units issued to the investors was $4,845,341.                
Offering, Description                 (i) 6,760,615 units, each unit consisting of one share of common stock and one immediately exercisable five-year warrant to purchase one share at $0.77 per share, and (ii) 1,060,615 pre-funded units, each pre-funded unit consisting of one pre-funded warrant to purchase one share and one immediately exercisable five-year warrant to purchase one share at $0.77 per share.                
Common Stock [Member] | General Advisory Services [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Common stock issued for services 150,000                                
Common stock issued for services fair value $ 306,020                                
Common Stock [Member] | Business Development Advisory Services [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Common stock issued for services 150,000                                
Common stock issued for services fair value $ 306,020                                
Retained Earnings [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Recognized over weighted average period                           3 years 9 months 14 days      
Warrant [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Warrants sold and issued to investors         $ 1,315,715                        
Exercise price of warrants         $ 0.77                        
Stock options to purchase exercised         1,013,101                        
Description of warrants       The Company entered into a warrant exercise agreement for an aggregate of 3,712,218 shares of common stock having an existing exercise price of $0.77 and 2,586,455 shares of common stock at a reduced exercise price of $1.02. In consideration for the exercise of the warrants for cash, the exercising holders received new unregistered warrants to purchase 6,298,673 shares of common stock at an exercise price of $1.02 per share, exercisable six months after issuance and which have a term of exercise equal to five years. The offering closed on February 19, 2020 and net proceeds were $5,013,930 after placement agent fees and offering expenses. The Company also issued warrants to purchase 440,907 shares to the placement agent. The placement agent warrants have identical terms to the investor warrant except that the exercise price is $1.275 per share. The estimated fair value of the 6,298,673 warrants issued to the investors was $5,360,465 and the estimated fair value of the 440,907 warrants issued to the placement agent was $367,022.                          
Recognized over weighted average period                           1 year 8 months 12 days      
2018 Public Offering [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Common stock exercise price per share           $ 0.0001             $ 0.01   $ 0.01    
Number of units sold           1,060,615                 2,321,569    
Number of units sold for gross proceeds           $ 106                 $ 23,216    
Registered Direct and Private Placement Offerings [Member] | Investor [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Other cash expenses related to placements     $ 85,000                            
Sale of common stock     3,430,421                            
Warrants sold and issued to investors     $ 2,709,467                            
Proceeds from common stock warrant exercises     4,834,001                            
Other expense     $ 10,000                            
Registered Direct and Private Placement Offerings [Member] | Placement Agent [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Sale of common stock     3,430,421                            
Sale of stock price     $ 1.545                            
Warrants sold and issued to investors     $ 169,854                            
Warrants issued     240,130                            
Description of warrants     The Company paid the placement agent for the offering a fee of 7% of the gross proceeds totaling $371,000 and issued the placement agent 240,130 immediately exercisable two-year warrants with an exercise price of $1.93125 per share.                            
Registered Direct and Private Placement Offerings [Member] | Accredited Investors [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Sale of stock price     $ 1.42                            
Warrants sold and issued to investors     $ 5,300,001                            
Stock Options [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Warrants to purchase common stock                           861,838      
Weighted average period                           10 years      
Common stock, shares issued                       866,667   866,667      
Common stock outstanding                       2,751,838   2,751,838   1,771,039  
Stock options to purchase exercised                                
Stock option purchase grants                                
Financial advisor warrants were exercised                       4,829   4,829      
Aggregate intrinsic value for the warrants outstanding                       $ 38,842   $ 38,842      
Omnibus Stock Incentive Plan [Member]                                  
Common Stock, Stock Options and Warrants (Textual)                                  
Common stock, shares issued                                 2,000,000
Common stock outstanding                       1,890,000   1,890,000      
Stock option purchase grants                           3,110,000