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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Sep. 30, 2014
Sep. 30, 2016
Sep. 30, 2015
Consolidated Statements Of Operations              
Revenues
Operating Expenses              
Research and development 859,915 (200,300) 2,271,074 628,856 574 2,933,199 1,797,045
General and administrative 1,383,771 756,297 2,515,954 1,050,518 183,044 3,783,941 946,613
Stock-based compensation - general and administrative 300,030 115,614 541,544 236,913 470,185 732,151 486,271
Total Operating Expenses 2,543,716 671,611 5,328,572 1,916,287 653,803 7,449,291 3,229,929
Operating Loss (2,543,716) (671,611) (5,328,572) (1,916,287) (653,803) (7,449,291) (3,229,929)
Other Income (Expense), Net:              
Interest income 3 18 555 806 3,066
Gain (loss) on revaluation of derivative warrant liability (179,796) (197,846) 442,390 (173,906) 8,588 (838,219) 332,095
Interest expense (19,851) (33,079) (93,067) (8,994) (7,500)
Total Other Income (Expense), Net (199,647) (197,843) 409,311 (173,888) (83,924) (846,407) 327,661
Loss before Income Taxes (2,743,363) (869,454) (4,919,261) (2,090,175) (737,727) (8,295,698) (2,902,268)
Income tax benefit
Net Loss $ (2,743,363) $ (869,454) $ (4,919,261) $ (2,090,175) $ (737,727) $ (8,295,698) $ (2,902,268)
Net Loss Per Share - Basic and Diluted $ (0.55) $ (0.35) $ (0.99) $ (0.88) $ (0.57) $ (2.29) $ (1.37)
Weighted Average Common Shares Outstanding Basic and diluted 4,993,454 2,482,895 4,947,945 2,388,098 1,288,147 3,623,208 2,122,363