Nine months ended June 30,

Three months ended June 30,

2018

2017

2018

2017

Loss per share - basic

Net loss available to common shareholders - basic

$

(16,910,533

)

$

(9,369,401

)

$

(6,014,568

)

$

(4,464,063

)

Weighted average shares outstanding - basic

14,486,351

7,235,140

16,651,297

8,405,790

Basic loss per common share

$

(1.17

)

$

(1.29

)

$

(0.36

)

$

(0.53

)

Loss per share - diluted

Net loss available to common shareholders - basic

$

(16,910,533

)

$

(9,369,401

)

$

(6,014,568

)

$

(4,464,063

)

Gain on derivatives (1)

-

(413,651

)

-

Net loss available to common shareholders - diluted

$

(16,910,533

)

$

(9,783,052

)

$

(6,014,568

)

$

(4,464,063

)

Weighted average shares outstanding - basic

14,486,351

7,235,140

16,651,297

8,405,790

Incremental shares underlying dilutive "in the money" warrants

-

57,575

-

Weighted average shares outstanding - diluted

14,486,351

7,292,715

16,651,297

8,405,790

Diluted loss per common share

$

(1.17

)

$

(1.34

)

$

(0.36

)

$

(0.53

)