Six months ended March 31,

Three months ended March 31,

2019

2018

2019

2018

Loss per share - basic

Net loss available to common shareholders - basic

$

(5,201,779

)

$

(10,895,965

)

$

(6,447,681

)

$

(4,708,135

)

Weighted average shares outstanding - basic

28,543,417

13,403,878

29,113,910

15,210,296

Basic loss per common share

$

(0.18

)

$

(0.81

)

$

(0.22

)

$

( 0.31

)

Loss per share - diluted

Net loss available to common shareholders - basic

$

(5,201,779

)

$

(10,895,965

)

$

(6,447,681

)

$

(4,708,135

)

Gain on derivatives (1)

(335,560

)

-

Net loss available to common shareholders - diluted

$

(5,537,339

)

$

(10,895,965

)

$

(6,447,681

)

$

(4,708,135

)

Weighted average shares outstanding - basic

28,543,417

13,403,878

29,113,910

15,210,296

Incremental shares underlying dilutive "in the money" warrants (1)

5,401

-

Weighted average shares outstanding - diluted

28,548,818

13,403,878

29,113,910

15,210,296

Diluted loss per common share

$

(0.19

)

$

(0.81

)

$

(0.22

)

$

(0.31

)