XML 37 R24.htm IDEA: XBRL DOCUMENT v3.23.4

Income Taxes (Tables)

12 Months Ended

Sep. 30, 2023

Income Taxes [Abstract]

Schedule of Income Tax Expense (Benefit) Differs from the Amount of Income Tax

The income tax expense (benefit) differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income for the years ended September 30, 2023 and 2022 due to the following:

		2023				2022
Computed “expected” tax benefit			(21.0	)%			(21.0	)%
Increase (decrease) in income taxes resulting from:
State taxes, net of federal benefit			(6.3	)			(6.3	)
Permanent differences			3.7				1.8
Increase in the valuation reserve			25.4				27.2
			1.8	%			1.7	%

Schedule of Deferred Income Taxes Reflect the Net Tax Effects of Temporary Differences

Significant components of the Company’s deferred tax assets and liabilities are as follows:

		September 30, 2023				September 30, 2022
Deferred tax assets:
Net operating loss carryforward		$	34,980,000			$	34,673,000
Stock-based compensation			2,191,000				1,569,000
Capitalized research and development			3,644,000
Other			4,100,000				3,689,000
Valuation allowance on deferred tax assets			(44,915,000	)			(39,931,000	)
Total deferred tax assets			—				—
Deferred tax liabilities:
In-process research and development			(6,137,800	)			(5,561,800	)
Total deferred tax liability			(6,137,800	)			(5,561,800	)
Net deferred tax liability		$	(6,137,800	)		$	(5,561,800	)

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxesPaidNetAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration