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CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED)        
Grant income $ 0 $ 195,874 $ 0 $ 530,106
Operating Expenses:        
Research and development 7,182,099 3,969,070 17,818,373 12,680,430
General and administrative 3,274,480 3,192,403 9,902,120 8,389,821
Total operating expenses 10,456,579 7,161,473 27,720,493 21,070,251
Operating loss (10,456,579) (6,965,599) (27,720,493) (20,540,145)
Other (expense) income (8,213) (1,845) (8,213) (38,741)
Loss on derivative instruments 1,116,619 (1,282,829) (991,562) (3,565,347)
Warrant inducement expense 0 (805,753) 0 805,753
Other non-operating gains 761,237 (950,935) 1,436,473 774,245
Interest expense, net (351,332) (273,708) (872,457) (777,898)
Net loss (8,938,268) (10,276,979) (28,156,252) (24,876,157)
Modification of warrants (265,082) 0 (350,861) (21,734)
Net loss available to common shareholders $ (9,203,350) $ (10,276,979) $ (28,507,113) $ (24,897,891)
Net loss per common share - basic $ (0.22) $ (0.27) $ (0.71) $ (0.69)
Weighted average common shares outstanding - basic 41,020,485 37,453,539 39,907,624 36,230,992
Net loss per common share - diluted $ (0.25) $ (0.27) $ (0.74) $ (0.69)
Weighted average common shares outstanding - diluted 41,231,082 37,453,539 40,158,321 36,230,092