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Stock-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Schedule of share-based compensation expense

		2019				2018
General and administrative		$	357,318			$	480,653
Research and development			134,431				5,467
Total stock-based compensation expense		$	491,749			$	486,120

Schedule of stock option plan activity

										Weighted-
						Weighted				Average
						Average				Remaining				Aggregate
		Number of				Exercise				Contractual				Intrinsic
		Options				Price				Term (years)				Value(1)
Outstanding at December 31, 2017			365,716			$	0.03				9.3			$	908,920
Granted			2,500			$	5.34				—
Exercised			—			$	—				—
Forfeited/Cancelled			—			$	—				—
Outstanding at September 30, 2018			368,216			$	0.07				8.6			$	820,862
Granted			675,667			$	2.32				—
Exercised			(198,043	)		$	0.27				—
Forfeited/Cancelled			—				—				—
Outstanding at September 30, 2019			845,840			$	1.82				9.0			$	343,406
Vested and exercisable at September 30, 2019			458,311			$	1.42				8.7			$	343,406

(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the estimated fair value of our common stock as of September 30, 2019 and 2018 of $1.87 and $2.30 per share, respectively. As of September 30, 2019, 658,730 and 271,201 outstanding and vested options, respectively, have no intrinsic value.

Schedule of weighted-average assumptions used Black-Scholes option-pricing model

		2019				2018
Expected stock price volatility			50.4	%			49.8	%
Expected life of options (years)			5.6				5.0
Expected dividend yield			0	%			0	%
Risk free interest rate			2.4	%			2.8	%

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
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