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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities:    
Net loss $ (32,542,912) $ (33,640,646)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 6,616,705 3,905,954
Issuance of common stock for services 102,000 378,204
Amortization of operating lease right-of-use asset 191,648 176,754
Depreciation 2,668 2,923
Deferred income tax expense 576,000 576,000
Changes in operating assets and liabilities:    
Prepaid expenses (5,036,926) (111,176)
Accounts payable 1,761,956 (111,717)
Accrued expenses (929,094) 783,434
Accrued compensation 394,732 (143,749)
Operating lease liability (196,989) (177,237)
Net Cash Used In Operating Activities (29,060,212) (28,361,256)
Cash Flows From Financing Activities:    
Proceeds from common stock option exercises 31,267
Net proceeds from registered direct offerings 13,798,183
Net Cash Provided By Financing Activities 13,829,450
Net Change in Cash and Cash Equivalents (15,230,762) (28,361,256)
Cash and Cash Equivalents – Beginning of Year 41,711,690 70,072,946
Cash and Cash Equivalents – End of Year $ 26,480,928 $ 41,711,690