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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Revenues, net        
Sale of goods revenues $ 3,352,098 $ 373,568 $ 4,277,494 $ 373,568
Service, software and related revenues 306,185 350,331 357,613 613,238
Total revenues, net 3,658,283 723,899 4,635,107 986,806
Cost of revenues        
Cost of goods sold 2,921,548 330,882 3,706,122 330,882
Cost of services 32,698 261,136 130,845 484,462
Total cost of revenues 2,954,246 592,018 3,836,967 815,344
Gross profit 704,037 131,881 798,140 171,462
Operating expenses        
Professional fees 1,005,991 1,406,269 2,522,578 2,422,276
Payroll expenses 984,380 313,170 1,695,919 473,521
Product development 341,081 689,741
General and administrative expenses 311,131 159,408 541,792 256,397
Depreciation and amortization 674,587 499,636 1,301,364 657,119
Total operating expenses 2,976,089 2,719,564 6,061,653 4,499,054
Loss from operations (2,272,052) (2,587,683) (5,263,513) (4,327,592)
Other income (expense)        
Gain/(Loss) on settlement of debt 6,800 (19,425)
Unrealized gain/(loss) on equity securities (210,000) 158,868
Gain/(loss) on derivative asset (1,441,763) 824,891
Interest expense (net) (1,891,283) (5,183,657) (3,451,598) (5,701,074)
Total other income (expense) (3,543,046) (5,176,857) (2,467,839) (5,720,499)
Net loss $ (5,815,098) $ (7,764,540) $ (7,731,352) $ (10,048,091)
Loss per common share - basic and diluted $ (1.13) $ (1.88) $ (1.56) $ (2.59)
Weighted average common shares outstanding - basic and diluted 5,135,802 4,121,963 4,957,491 3,884,818