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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Jun. 30, 2020
FAIR VALUE MEASUREMENTS  
Measured at fair value on a recurring basis

 

 

Quoted Prices in Active Markets for Identical Assets or Liabilities

 (Level 1)

 

 

Significant Other Observable Inputs

 (Level 2)

 

 

Significant Unobservable Inputs

 (Level 3)

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative instruments

 

$-

 

 

$-

 

 

$7,018,332

 

 

$7,018,332

 

 

 

Quoted Prices in Active Markets for Identical Assets or Liabilities

(Level 1)

 

 

Significant Other Observable Inputs

(Level 2)

 

 

Significant Unobservable Inputs

(Level 3)

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative instruments

 

$-

 

 

$-

 

 

$6,488,310

 

 

$6,488,310

 

Reconciliation of beginning and ending balances related to fair value measurements using significant unobservable inputs (Level 3)

 

 

Nine months ended

 

 

Twelve months ended

 

 

 

June 30,

2020

 

 

September 30, 2019

 

 

 

 

 

 

 

 

Beginning balance

 

$6,488,310

 

 

$9,317,031

 

Issuances

 

 

-

 

 

 

-

 

Exercises

 

 

(3,035,325)

 

 

(3,589,357)

Realized and unrealized losses

 

 

3,565,347

 

 

 

760,636

 

Ending balance

 

$7,018,332

 

 

$6,488,310