XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows From Operating Activities:    
Net loss $ (10,281,246) $ (9,231,185)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 2,524,824 3,058,185
Issuance of common stock for services 76,146
Amortization of operating lease right-of-use asset 54,835 50,430
Depreciation 578
Deferred income tax expense 264,240 144,000
Changes in operating assets and liabilities:    
Inventory (6,112,603)
Prepaid expenses (145,739) 25,010
Accounts payable 2,436,909 (280,083)
Accrued expenses 6,225,151 (199,403)
Accrued compensation 366,073 273,688
Operating lease liability (58,296) (52,676)
Net Cash Used In Operating Activities (4,725,852) (6,135,310)
Cash Flows From Financing Activities:    
Net proceeds from registered direct offering 2,574,051
Net Cash Provided By Financing Activities 2,574,051
Net Change in Cash and Cash Equivalents (2,151,801) (6,135,310)
Cash and Cash Equivalents - Beginning of Period 3,251,880 26,480,928
Cash and Cash Equivalents - End of Period $ 1,100,079 $ 20,345,618