Series 1 Nonconvertible Preferred Stock |
9 Months Ended | ||
---|---|---|---|
Jun. 30, 2020 | |||
Debt Disclosure [Abstract] | |||
Series 1 Nonconvertible Preferred Stock |
As of June 30, 2020, 1,931 shares of Series 1 nonconvertible preferred stock were issued and outstanding. Since these shares qualify as a derivative, the outstanding shares are carried at fair value as a liability on the Company’s consolidated balance sheet. |