Cash Flow

v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities:    
Net loss $ (7,667,816) $ (4,919,261)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss (gain) on revaluation of derivative warrant liability (442,390)
Gain on extinguishment of liability (450,000)
Stock-based compensation expense 504,687 541,544
Issuance of common stock for services and release agreement 346,200 298,774
Depreciation 1,283 1,343
Changes in operating assets and liabilities:    
Prepaid expenses 155,452 316,348
Accounts payable 798,042 953,784
Accrued expenses 32,027 898,271
Accrued compensation (267,625) 179,115
Accrued interest, related parties 7,897 33,079
Due to related party (27,637)
Net Cash Used In Operating Activities (6,567,490) (2,139,393)
Cash Flows From Financing Activities:    
Proceeds from notes payable - related parties 1,350,000
Proceeds from common stock warrant exercises 1,125,148
Net proceeds from registered direct offering 7,246,099
Net proceeds from private placements 556,152
Net Cash Provided By Financing Activities 8,371,247 1,906,152
Net Change in Cash and Cash Equivalents 1,803,757 (233,241)
Cash and Cash Equivalents - Beginning of Period 3,204,108 294,351
Cash and Cash Equivalents - End of Period 5,007,865 61,110
Supplemental Disclosures Of Cash Flow Information and Non-cash Transactions:    
Interest paid 193
Reclassification of derivative warrant liability to additional paid-in capital 813,319
Par value of common stock issued upon cashless exercise of warrants $ 17

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