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BALANCE SHEETS - USD ($)
Dec. 31, 2019
Sep. 30, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 9,383,378 $ 8,444,774
Receivables 91,043 62,765
Prepaid expenses 367,093 524,953
Supplies used for R&D and manufacturing 905,875 782,363
Total current assets 10,747,389 9,814,855
Finance lease right of use assets 13,120,256 0
Operating lease right of use assets 945,991 0
Plant, property and equipment, net 2,712,577 15,825,636
Patent costs, net 310,703 311,586
Deposits 1,670,917 1,670,917
Total Assets 29,507,833 27,622,994
CURRENT LIABILITIES:    
Accounts payable 1,438,685 1,586,478
Accrued expenses 210,580 34,432
Due to employees 785,962 709,442
Derivative instruments, current portion 1,161,544 674,442
Lease liabilities, current portion 964,088 0
Other current liabilities 5,000 14,956
Total current liabilities 4,565,859 3,019,750
Derivative instruments - net of current portion 4,560,257 5,813,868
Finance lease obligations, net of current portion 12,453,708 13,508,156
Operating lease obligations, net of current portion 834,695 0
Other liabilities 125,000 147,553
Total liabilities 22,539,519 22,489,327
COMMITMENTS AND CONTINGENCIES 0 0
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value-200,000 shares authorized; -0- shares issued and outstanding 0 0
Common stock, $.01 par value - 600,000,000 shares authorized; 35,995,089 and 35,231,776 shares issued and outstanding at December 31, 2019 and September 30, 2019, respectively 359,951 352,318
Additional paid-in capital 365,705,533 358,507,603
Accumulated deficit (359,097,170) (353,726,254)
Total stockholders' equity 6,968,314 5,133,667
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 29,507,833 $ 27,622,994