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Consolidated Statements of Operations (unaudited) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Mar. 31, 2016
Income Statement [Abstract] |  |  |  |
REVENUE | $ 8,985,930 | $ 43,750 | $ 13,351,426 | $ 87,500
OPERATING EXPENSES |  |  |  |
Research and development | 6,976,825 | 10,020,826 | 16,503,876 | 20,359,659
Salaries and payroll-related costs | 3,583,999 | 4,248,693 | 7,860,105 | 8,168,579
General and administrative expenses | 1,622,873 | 3,818,335 | 3,477,048 | 5,769,944
Stock-based compensation | 1,744,231 | 2,416,839 | 4,168,673 | 4,797,182
Depreciation and amortization | 1,187,644 | 803,912 | 2,373,255 | 1,598,261
TOTAL OPERATING EXPENSES | 15,115,572 | 21,308,605 | 34,382,957 | 40,693,625
OPERATING LOSS | (6,129,642) | (21,264,855) | (21,031,531) | (40,606,125)
OTHER INCOME (EXPENSE) |  |  |  |
Interest income (expense), net | 108,744 | 79,060 | 133,892 | 179,440
Change in value of derivatives | (27,383) | 369,935 | 1,456,448 | 346,411
Other income (expense) | 5,724 |  | 1,312,524 |
TOTAL OTHER INCOME (EXPENSE) | 87,085 | 448,995 | 2,902,864 | 525,851
LOSS BEFORE INCOME TAXES | (6,042,557) | (20,815,860) | (18,128,667) | (40,080,274)
NET LOSS | $ (6,042,557) | $ (20,815,860) | $ (18,128,667) | $ (40,080,274)
NET LOSS PER SHARE - BASIC & DILUTED | $ (0.08) | $ (0.35) | $ (0.25) | $ (0.67)
Weighted average shares outstanding - basic and diluted | 74,629,855 | 59,779,128 | 73,019,726 | 59,663,270
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX: |  |  |  |
Foreign Currency Translation Adjustments | $ 154,464 | $ 150,520 | $ (38,144) | $ 196,338
COMPREHENSIVE LOSS | $ (5,888,093) | $ (20,665,340) | $ (18,166,811) | $ (39,883,936)

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