XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.21.2

DERIVATIVE LIABILITIES (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2021
DERIVATIVE LIABILITIES |
Fair Value Measurement Inputs and Valuation Techniques | The Company uses the Black-Scholes option pricing model to estimate fair value. The following weighted average assumptions were used to estimate the fair value of the derivative warrant liabilities on June 30, 2021 and 2020: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​
​ | ​ | June 30, | ​ | ​ | June 30, | ​
​ | ​ | 2021 |  | ​ | 2020 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Risk-free interest rate |  | 0.36 | % | ​ | 0.23 | %
Expected life |  | 1.54 | years | ​ | 2.54 | years
Expected annualized volatility |  | 70.8 | % | ​ | 86.9 | %
Dividend |  | — |  | ​ | — | ​
Liquidity discount |  | 20 | % | ​ | 20 | %
Schedule of Changes to Derivative Liabilities | The following table is a continuity schedule of changes to the Company’s derivative liabilities: ​
​ | ​ | ​ | ​
​ |  | Total
​ | ​ | ​ | ​
Balance, September 30, 2019 |  | $ | 16,520
Change in fair value |  | ​ | 110,856
​ | ​ | ​ | ​
Balance, September 30, 2020 |  | $ | 127,376
Change in fair value |  | ​ | 470,132
​ | ​ | ​ | ​
Balance, June 30, 2021 |  | $ | 597,508
​ | ​ | ​ | ​
Derivatives with expected life of less than one year |  | $ | —
Derivatives with expected life greater than one year |  | $ | 597,508

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

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative liabilities at fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDerivativeLiabilitiesAtFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration