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Stock-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of stock-based compensation expense

		2020				2019
General and administrative		$	1,623,629			$	357,318
Research and development			212,341				134,431
Total stock-based compensation expense		$	1,835,970			$	491,749

Schedule of stock option plan activity

		Number of Options				Weighted Average Exercise Price				Weighted- Average Remaining Contractual Term (years)				Aggregate Intrinsic Value(1)
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
Granted			1,004,175			$	2.06				—
Exercised			(76,545	)		$	0.04				—
Forfeited/Cancelled			(294,985	)		$	1.97				—
Outstanding at September 30, 2020			1,478,485			$	2.04				8.8			$	96,088
Vested and exercisable at September 30, 2020			761,998			$	1.99				8.6			$	96,088

(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, 2020 and 2019 of $1.29 and $1.87 per share, respectively. As of September 30, 2020, 1,401,940 and 685,453 outstanding and vested options, respectively, have no intrinsic value.

Schedule of weighted-average assumptions used black-scholes option-pricing model

		2020				2019
Expected stock price volatility			53.1	%			50.4	%
Expected life of options (years)			5.6				5.6
Expected dividend yield			0	%			0	%
Risk free interest rate			1.4	%			2.4	%

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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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Tabular disclosure of employee stock purchase plan activity.

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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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