XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2019
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The Company’s U.S. and foreign loss before income taxes are set forth below:
|  | 2019 |  |  | 2018 |
United States |  |  | (18,031,016 | ) |  |  | (14,681,272 | )
Foreign |  |  | (8,181,782 | ) |  |  | (2,498,718 | )
Total |  |  | (26,212,798 | ) |  |  | (17,179,990 | )
Schedule of deferred tax assets and liabilities | The components of net deferred income tax assets as of September 30, 2019 and 2018 are as follows:
|  | 2019 |  |  | 2018 |
Net operating loss carryforwards |  | $ | 18,704,000 |  |  | $ | 13,556,000 |
Research and development tax credit carryforwards |  |  | 1,162,000 |  |  |  | 1,605,000 |
Stock-based compensation |  |  | 6,570,000 |  |  |  | 4,677,000 |
Unpaid charges |  |  | 69,000 |  |  |  | 91,000 |
Intangible asset costs |  |  | 30,000 |  |  |  | 35,000 |
Foreign exchange and other |  |  | 15,000 |  |  |  | 16,000 |
Valuation allowance deferred tax assets |  |  | (26,551,000 | ) |  |  | (19,981,000 | )
Net deferred tax assets |  | $ | - |  |  | $ | - |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of income tax expense at the statutory federal income tax rate and income taxes as reflected in the financial statements for the years ended September 30, 2019 and 2018 is as follows:
|  | 2019 |  |  | 2018 |
Income benefit at statutory federal rate |  | $ | (5,505,000 | ) |  | $ | (4,215,000 | )
Foreign income taxed at other rates |  |  | (825,000 | ) |  |  | (173,000 | )
Other permanent differences |  |  | 140,000 |  |  |  | 131,000 |
Research and development credit benefit |  |  | 914,000 |  |  |  | (102,000 | )
Adjustment and true up to prior years' tax provision |  |  | 194,000 |  |  |  | (82,000 | )
Effect of changes in tax rates |  |  | - |  |  |  | 6,832,000 |
State minimum and excise taxes |  |  | 82,181 |  |  |  | 72,746 |
Change in federal valuation allowance |  |  | 5,082,000 |  |  |  | (2,391,000 | )
Income tax expense |  | $ | 82,181 |  |  | $ | 72,746 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration