Six months ended March 31,

Three months ended March 31,

2018

2017

2018

2017

Loss per share - basic

Net loss available to common shareholders - basic

$

(10,895,965

)

$

(4,905,338

)

$

(4,708,135

)

$

(8,426,491

)

Weighted average shares outstanding - basic

13,403,878

6,649,814

15,210,296

7,319,761

Basic loss per common share

$

(0.81

)

$

(0.74

)

$

(0.31

)

$

(1.15

)

Loss per share - diluted

Net loss available to common shareholders - basic

$

(10,895,965

)

$

(4,905,338

)

$

(4,708,135

)

$

(8,426,491

)

Gain on derivatives

-

(330,124

)

-

Net loss available to common shareholders - diluted

$

(10,895,965

)

$

(5,235,462

)

$

(4,708,135

)

$

(8,426,491

)

Weighted average shares outstanding - basic

13,403,878

6,649,814

15,210,296

7,319,761

Incremental shares underlying dilutive "in the money" warrants (1)

-

32,778

-

Weighted average shares outstanding - diluted

13,403,878

6,682,592

15,210,296

7,319,761

Diluted loss per common share

$

(0.81

)

$

(0.78

)

$

(0.31

)

$

(1.15

)

(1) Includes series FF, GG, HH, II and JJ for the six months ended March 31, 2017