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Stock-Based Compensation (Tables)
6 Months Ended 9 Months Ended
Mar. 31, 2019
Sep. 30, 2018
Offsetting Assets [Line Items]    
Schedule of stock-based services expense
   Three Months Ended   Six Months Ended 
   March 31,   March 31, 
   2019   2018   2019   2018 
General and administrative  $26,105   $252,000   $141,105   $252,000 
Research and development   44,112    2,437    48,092    2,437 
Total share-based compensation  $70,217   $254,437   $189,197   $254,437 
   2018   2017 
         
General and administrative  $480,653   $2,065 
Research and development   5,467    74,729 
Total stock-based services expense  $486,120   $76,794 
Schedule of weighted-average assumptions used Black-Scholes option-pricing model  
   2018   2017 
         
Expected stock price volatility   49.8%   47.8%
Expected life of options (years)   5.0    5.0 
Expected dividend yield   0%   0%
Risk free interest rate   2.8%   1.9%
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, 2016                
Granted   365,716   $0.03         
Exercised                
Forfeited/Cancelled                
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 
Vested and exercisable at September 30, 2018   368,216   $0.07    8.6   $820,862 

 

 

(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, 2018 and December 31, 2017 of $2.30 and $2.52 per share, respectively.
Stock Options [Member]    
Offsetting Assets [Line Items]    
Schedule of weighted-average assumptions used Black-Scholes option-pricing model
  

Three

Months

  

Six

Months

 
   Ended   Ended 
         
Expected stock price volatility   50.7%   50.2%
Expected life of options (years)   6.0    5.9 
Expected dividend yield   0%   0%
Risk free interest rate   2.6%   2.7%
   2018 
     
Expected stock price volatility   49.8%
Expected life of options (years)   5.0 
Expected dividend yield   0%
Risk free interest rate   2.9%
Stock- option liability [Member]    
Offsetting Assets [Line Items]    
Schedule of weighted-average assumptions used Black-Scholes option-pricing model
   2018 
     
Expected stock price volatility   50.7%
Expected life of options (years)   5 
Expected dividend yield   0%
Risk free interest rate   2.2%