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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows From Operating Activities:    
Net loss $ (33,640,646) $ (23,054,434)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 3,905,954 1,454,979
Issuance of common stock for services 378,204 68,000
Amortization of operating lease right-of-use asset 176,754 163,376
Depreciation 2,923 1,492
Deferred income tax expense 576,000
Gain from forgiveness of notes payable – paycheck protection program and accrued interest (166,557)
Changes in operating assets and liabilities:    
Prepaid expenses (111,176) (2,619,167)
Deposits 19,031
Accounts payable (111,717) (579,140)
Accrued expenses 783,434 457,920
Accrued compensation (143,749) 251,081
Accrued interest (87,996)
Operating lease liability (177,237) (158,999)
Net Cash Used In Operating Activities (28,361,256) (24,250,414)
Cash Flows From Investing Activities:    
Purchase of property and equipment (6,938)
Purchase of in-process research and development (40,000,000)
Net Cash Used In Investing Activities (40,006,938)
Cash Flows From Financing Activities:    
Principal paid on notes payable – related parties (172,970)
Proceeds from sale of NoveCite, Inc. common stock 500
Proceeds from common stock warrant exercises 31,130,134
Proceeds from common stock option exercises 82,634
Net proceeds from private placement 18,450,410
Net proceeds from registered direct offerings 70,979,842
Net Cash Provided By Financing Activities 120,470,550
Net Change in Cash and Cash Equivalents (28,361,256) 56,213,198
Cash and Cash Equivalents – Beginning of Year 70,072,946 13,859,748
Cash and Cash Equivalents – End of Year $ 41,711,690 $ 70,072,946