XML 30 R13.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

LOSS PER COMMON SHARE | 9 Months Ended
--- | ---
Jun. 30, 2024
LOSS PER COMMON SHARE |
LOSS PER COMMON SHARE | H. LOSS PER COMMON SHARE Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. The Company’s potentially dilutive shares, which include outstanding common stock options, common stock warrants and unvested restricted stock are not included in the computation of diluted net loss per share if their effect would be anti-dilutive. The following table provides a reconciliation of the numerators and denominators of the basic and diluted loss per-share computations:
|  | Nine Months Ended |  |  | Three Months Ended |
|  | June 30, |  |  | June 30, |
Loss per share – basic and diluted |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net loss available to common – basic and diluted |  | $ | (21,470,429 | ) |  | $ | (24,735,151 | ) |  | $ | (7,516,014 | ) |  | $ | (8,367,281 | )
Weighted average shares outstanding – basic and diluted |  |  | 51,479,454 |  |  |  | 43,761,395 |  |  |  | 53,994,384 |  |  |  | 44,254,363 |
Basic and diluted loss per common share |  | $ | (0.42 | ) |  | $ | (0.57 | ) |  | $ | (0.14 | ) |  | $ | (0.19 | )
In accordance with the contingently issuable shares guidance of ASC 260, Earnings Per Share, the calculation of diluted net earnings (loss) per share excludes the following securities because their inclusion would have been anti-dilutive as of June 30 :
|  | 2024 |  |  | 2023 |
Options and Warrants |  |  | 17,497,453 |  |  |  | 13,824,365 |
Unvested Restricted Stock |  |  | 147,250 |  |  |  | 147,250 |
Total |  |  | 17,644,703 |  |  |  | 13,971,615 |

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

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration