XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.22.4

Liquidity and Management’s Plan | 12 Months Ended
--- | ---
Sep. 30, 2022
Liquidity and Managements Plan [Abstract] |
LIQUIDITY AND MANAGEMENT’S PLAN | 2. LIQUIDITY AND MANAGEMENT’S PLAN The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company experienced negative cash flows from operations of $28,361,256 and $24,250,414, for the years ended September 30, 2022 and 2021, respectively. The Company had working capital of approximately $40 million at September 30, 2022. The Company estimates that its available cash resources will be sufficient to fund its operations through December 2023. The Company has generated no operating revenue to date and has principally raised capital through the issuance of debt and equity instruments to finance its operations. However, the Company’s continued operations beyond December 2023, including its development plans for E7777, Mino-Lok, Mino-Wrap, Halo-Lido and NoveCite, will depend on its ability to obtain regulatory approval to market E7777 and/or Mino-Lok and generate substantial revenue from the sale of E7777 and/or Mino-Lok and on its ability to raise additional capital through various potential sources, such as equity and/or debt financings, strategic relationships, or out-licensing of its product candidates. However, the Company can provide no assurances on regulatory approval, commercialization, or future sales of E7777 and/or Mino-Lok or that financing or strategic relationships will be available on acceptable terms, or at all. If the Company is unable to raise sufficient capital, find strategic partners or generate substantial revenue from the sale of Mino-Lok, there would be a material adverse effect on its business. Further, the Company expects in the future to incur additional expenses as it continues to develop its product candidates, including seeking regulatory approval, and protecting its intellectual property.

X
- Definition The entire disclosure for Liquidity and Management’s Plan. + References No definition available. + Details
Name: | ctxr_LiquidityAndManagementsPlanTextBlock
Namespace Prefix: | ctxr_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ctxr_LiquidityandManagementsPlanLineItems
Namespace Prefix: | ctxr_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration