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BALANCE SHEETS - USD ($)
Mar. 31, 2020
Sep. 30, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 14,329,870 $ 8,444,774
Receivables 62,289 62,765
Prepaid expenses 565,246 524,953
Supplies used for R&D and manufacturing 849,548 782,363
Total current assets 15,806,953 9,814,855
Finance lease right of use assets 14,670,746 0
Operating lease right of use assets 899,508 0
Plant, property and equipment, net 3,286,273 15,825,636
Patent costs, net 312,380 311,586
Deposits 1,670,917 1,670,917
Total assets 36,646,777 27,622,994
CURRENT LIABILITIES:    
Accounts payable 1,139,914 1,586,478
Accrued expenses 316,866 34,432
Due to employees 675,408 709,442
Derivative instruments, current portion 2,156,857 674,442
Lease liabilities, current portion 977,264 0
Other current liabilities 5,000 14,956
Total current liabilities 5,271,309 3,019,750
Derivative instruments - net of current portion 4,067,436 5,813,868
Finance lease obligations, net of current portion 12,232,493 13,508,156
Operating lease obligations, net of current portion 812,479 0
Other liabilities 125,000 147,553
Total liabilities 22,508,717 22,489,327
Commitments and contingencies 0 0
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value - 200,000 shares authorized; -0- shares issued and outstanding 0 0
Common stock, $.01 par value - 600,000,000 shares authorized; 37,336,411 and 35,231,776 shares issued and outstanding at March 31, 2020 and September 30, 2019, respectively 373,365 352,318
Additional paid-in capital 379,943,932 358,507,603
Accumulated deficit (366,179,237) (353,726,254)
Total stockholders' equity 14,138,060 5,133,667
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 36,646,777 $ 27,622,994