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I. RESTATEMENT (Details 1) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Research and development expenses $ 6,578,618 $ 4,151,983 $ 10,126,875 $ 8,844,891
Total operating expenses 7,923,732 5,829,779 12,878,998 11,157,288
Operating loss (7,906,557) (5,797,004) (12,844,565) (11,103,537)
Interest income (expense), net (471,234) (464,796) (940,385) (948,489)
Net Loss $ (8,426,491) $ (8,855,530) $ (4,905,338) $ (6,522,796)
Net income per share - basic     $ (0.74) $ (1.43)
Net income per share - diluted     $ (0.78) (1.43)
Net income per share - basic and diluted $ (1.15) $ (1.87)   $ (1.43)
Previously Reported        
Research and development expenses $ 7,055,217 $ 4,628,582 $ 11,080,073 $ 9,798,089
Total operating expenses 8,400,331 6,306,378 13,832,196 12,110,486
Operating loss (8,383,156) (6,273,603) (13,797,763) (12,056,735)
Interest income (expense), net 22,367 22,478 45,464 24,463
Net Loss $ (8,409,489) $ (8,844,855) $ (4,872,687) $ (6,503,042)
Net income per share - basic     $ (0.73) $ (1.43)
Net income per share - diluted     $ (0.78) $ (1.43)
Net income per share - basic and diluted $ (1.15) $ (1.87)    
Adjustment        
Research and development expenses $ (476,599) $ (476,599) $ (953,198) $ (953,198)
Total operating expenses (476,599) (476,599) (953,198) (953,198)
Operating loss 476,599 476,599 953,198 953,198
Interest income (expense), net (493,601) (487,274) (985,849) (972,952)
Net Loss $ (17,002) $ (10,675) $ (32,651) $ (19,754)