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CONDENSED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Sep. 30, 2020
Current Assets:    
Cash and cash equivalents $ 21,860,482 $ 15,508,909
Receivables 54,922 54,922
Prepaid expenses 629,894 1,313,432
Supplies used for R&D and manufacturing 1,152,837 820,052
Total current assets 23,698,135 17,697,315
Finance lease right of use assets 13,382,401 13,811,849
Operating lease right of use assets 1,160,305 1,198,958
Property and equipment, net 9,401,891 5,843,993
Patent costs, net 300,356 313,422
Deposits 1,670,917 1,670,917
Total Assets 49,614,005 40,536,454
Current Liabilities:    
Accounts payable 3,092,856 2,023,067
Accrued expenses 616,163 510,515
Due to employees 458,740 448,022
Derivative instruments, current portion 2,040,773 213,787
Lease liabilities, current portion 1,125,337 1,070,123
Total current liabilities 7,333,869 4,265,514
Derivative instruments, net of current portion 750,154 3,551,826
Finance lease obligations, net of current portion 11,495,840 11,753,100
Operating lease obligations, net of current portion 1,073,470 1,114,340
Other liabilities 125,000 125,000
Total liabilities 20,778,333 20,809,780
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; 39,767,058 and 38,730,150 shares issued and outstanding at December 31, 2020 and September 30, 2020, respectively 397,671 387,302
Additional paid-in capital 418,210,168 401,174,675
Accumulated deficit (389,772,167) (381,835,303)
Total stockholders' equity 28,835,672 19,726,674
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 49,614,005 $ 40,536,454