Income Statement

v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]        
Revenues
Operating Expenses        
Research and development 1,699,876 3,439,853 3,812,977 4,046,374
General and administrative 1,738,397 1,212,425 3,326,521 3,558,665
Stock-based compensation - general and administrative 203,695 214,666 374,944 504,687
Total Operating Expenses 3,641,968 4,866,944 7,514,442 8,109,726
Operating Loss (3,641,968) (4,866,944) (7,514,442) (8,109,726)
Other Income (Expense)        
Gain on extinguishment of liability 450,000 450,000
Interest income 14,144 15,891
Interest expense (4,105) (4,706) (8,108) (8,090)
Total Other Income, Net 10,039 445,294 7,783 441,910
Net Loss $ (3,631,929) $ (4,421,650) $ (7,506,659) $ (7,667,816)
Net Loss Per Share - Basic and Diluted $ (0.20) $ (0.44) $ (0.41) $ (0.82)
Weighted Average Common Shares Outstanding        
Basic and diluted 18,481,411 9,966,030 18,118,768 9,300,252

Source