XML 13 R4.htm IDEA: XBRL DOCUMENT v3.20.4
STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Grant income $ 298,726 $ 150,769 $ 334,232 $ 277,183
Operating Expenses:        
Research and development 4,458,547 2,832,546 8,711,360 6,304,260
General & administrative 2,558,522 1,624,823 5,197,418 3,313,985
Total operating expenses 7,017,069 4,457,369 13,908,778 9,618,245
Operating loss (6,718,343) (4,306,600) (13,574,546) (9,341,062)
Other income 18,448 18,216 36,896 36,127
(Loss)/gain on derivative instruments (3,049,027) (967,171) (2,282,518) 4,589,135
Other non-operating gain 934,511 (730,823) 1,725,180 421,353
Interest expense, net (253,407) (461,303) (504,190) (907,332)
Net loss (9,067,818) (6,447,681) (14,599,178) (5,201,779)
Modification of warrants (21,734) 0 (21,734) 0
Net loss available to common shareholders $ (9,089,552) $ (6,447,681) $ (14,620,912) $ (5,201,779)
Net loss per common share        
Basic $ (0.25) $ (0.22) $ (0.41) $ (0.18)
Diluted $ (0.25) $ (0.22) $ (0.41) $ (0.19)
Weighted average common shares outstanding        
Basic 36,165,050 29,113,910 35,621,711 28,543,417
Diluted 36,165,050 29,113,910 35,621,711 28,548,818