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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Schedule of fair value of financial instruments measured on a recurring basis

As of March 31, 2019

Description

Total

Level 1

Level 2

Level 3

Liabilities:

Warrant liability

$

—

$

—

$

—

$

—

Premium conversion derivatives

—

—

—

—

Total liabilities at fair value

$

—

$

—

$

—

$

—

		As of September 30, 2018
Description		Total				Level 1				Level 2				Level 3
Liabilities:
Warrant liability		$	817,155			$	—			$	—			$	817,155
Premium conversion derivatives			308,395				—				—				308,395
Total liabilities at fair value		$	1,125,550			$	—			$	—			$	1,125,550

Schedule of warrant liability and premium debt conversion derivatives measured at fair value on a recurring basis

		2019				2018
Warrant liability
Balance as of beginning of period – October 1		$	817,155			$	774,172
Value assigned to warrants in connection with convertible promissory notes			—				713,157
Change in fair value of warrant liability			18,568				146,730
Reclassification to equity upon conversion of convertible promissory notes			(835,723	)			—
Balance as of end of period – March 31		$	—			$	1,634,059

		2019				2018
Premium debt conversion derivatives
Balance as of beginning of period – October 1		$	308,395			$	441,823
Value assigned to the underlying derivatives in connection with convertible promissory notes			—				269,493
Change in fair value of premium debt conversion derivatives			111,195				(104,143	)
Reclassification to equity upon conversion of convertible promissory notes			(419,590	)			—
Balance as of end of period – March 31		$	—			$	607,173

Schedule of computation of diluted net loss per share

		2019				2018
Warrants			6,448,613				189,750	(1)
Stock options			600,209				365,716

(1) As of March 31, 2018, there were additional potential warrants to be included which would be known, if and when a qualified financing event greater than $3 million or a change of control transaction occurs in the future.

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Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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-Name Accounting Standards Codification
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Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

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