Cash Flow

v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows From Operating Activities:    
Net loss $ (3,874,730) $ (3,246,166)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 171,249 290,021
Issuance of common stock for release agreement 257,400
Depreciation 235 642
Changes in operating assets and liabilities:    
Other receivables 818,343
Prepaid expenses 11,109 109,429
Accounts payable 509,988 (41,271)
Accrued expenses 18,773 55,295
Accrued compensation 182,500 140,376
Accrued interest - related parties 4,003 3,192
Due to related party (10,000)
Net Cash Used In Operating Activities (2,158,530) (2,441,082)
Cash Flows From Financing Activities:    
Proceeds from common stock warrant exercises 16,000 1,125,148
Net proceeds from registered direct offering 5,482,523
Net Cash Provided By Financing Activities 16,000 6,607,671
Net Change in Cash and Cash Equivalents (2,142,530) 4,166,589
Cash and Cash Equivalents - Beginning of Period 9,184,003 3,204,108
Cash and Cash Equivalents - End of Period 7,041,473 7,370,697
Supplemental Disclosures Of Cash Flow Information and Non-cash Transactions:    
Interest paid 192
Par value of common stock issued upon cashless exercise of warrants $ 17

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