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Consolidated Statements of Operations (unaudited) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016
Income Statement [Abstract] |  |  |  |
REVENUE | $ 9,342,498 | $ 39,583 | $ 22,693,923 | $ 127,083
OPERATING EXPENSES |  |  |  |
Research and development | 6,906,016 | 9,423,195 | 23,409,892 | 29,782,854
Salaries and payroll-related costs | 3,421,089 | 4,113,262 | 11,281,194 | 12,281,841
General and administrative expenses | 1,853,669 | 2,275,628 | 5,330,717 | 8,045,571
Stock-based compensation | 1,713,228 | 2,750,785 | 5,881,901 | 7,547,967
Depreciation and amortization | 1,162,660 | 818,200 | 3,535,915 | 2,416,461
TOTAL OPERATING EXPENSES | 15,056,662 | 19,381,070 | 49,439,619 | 60,074,694
OPERATING LOSS | (5,714,164) | (19,341,487) | (26,745,696) | (59,947,611)
OTHER INCOME (EXPENSE) |  |  |  |
Interest income (expense), net | 131,358 | 34,103 | 265,250 | 213,543
Change in value of derivatives | 63,065 | (113,359) | 1,519,513 | 233,052
Other income (expense) |  |  | 1,312,524 |
TOTAL OTHER INCOME (EXPENSE) | 194,423 | (79,256) | 3,097,287 | 446,595
LOSS BEFORE INCOME TAXES | (5,519,741) | (19,420,743) | (23,648,409) | (59,501,016)
NET LOSS | $ (5,519,741) | $ (19,420,743) | $ (23,648,409) | $ (59,501,016)
NET LOSS PER SHARE - BASIC & DILUTED | $ (0.07) | $ (0.32) | $ (0.32) | $ (1.00)
Weighted average shares outstanding - basic and diluted | 74,772,103 | 59,966,955 | 73,603,852 | 59,764,129
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX: |  |  |  |
Foreign Currency Translation Adjustments | $ 12,309 | $ (90,625) | $ (25,835) | $ 105,713
COMPREHENSIVE LOSS | $ (5,507,432) | $ (19,511,368) | $ (23,674,244) | $ (59,395,303)

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