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STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (26,920,465) $ (32,194,303)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,969,183 3,958,334
Non-cash lease expense 4,873 15,292
Share-based payments for services 858,498 655,740
Equity based compensation 4,270,180 6,286,231
Common stock contributed to 401(k) plan 218,717 207,593
(Increase)/decrease in assets:    
Prepaid expenses 72,674 151,935
Supplies used for R&D and manufacturing (172,608) (156,727)
Deposits 745 (2,323,346)
Increase/(decrease) in liabilities:    
Accounts payable (460,576) 257,845
Accrued expenses (458,489) 207,089
Due to employees (193,938) 85,756
Net cash used in operating activities (18,811,206) (22,848,561)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (94,875) (361,892)
Expenditures for patent costs (13,211) (10,370)
Net cash used in investing activities (108,086) (372,262)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock and pre-funded warrants 23,575,000 6,552,497
Payments of stock issuance costs (2,370,513) (744,913)
Proceeds from the purchase of stock by officers and directors 80,620 0
Proceeds from the exercise of warrants 0 447,291
Payments on obligations under finance leases (1,773,377) (1,560,455)
Proceeds from related party loans 450,000 0
Payments of related party loans (450,000) 0
Net cash provided by financing activities 19,511,730 4,694,420
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 592,438 (18,526,403)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 4,145,735 22,672,138
CASH AND CASH EQUIVALENTS, END OF YEAR 4,738,173 4,145,735
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Property and equipment purchases included in current liabilities 32,954 51,650
Capitalized patent costs included in current liabilities 0 13,211
Assets purchased under finance leases 20,797 0
Finance lease obligation included in accounts payable 1,320 1,451
Consulting services paid with issuance of common stock 759,901 565,980
Financing costs included in current liabilities 38,950 77,703
Accrued consulting services to be paid with common stock 0 55,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS:    
Cash paid for interest $ 923,807 $ 1,062,564