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NET LOSS PER COMMON SHARE (Tables)
12 Months Ended
Sep. 30, 2022
NET LOSS PER COMMON SHARE  
Schedule of reconciliation of the numerators and denominators of the basic and diluted per-share computations

 

 

Year ended September 30,

 

 

 

2022

 

 

2021

 

Loss per share – basic

 

 

 

 

 

 

Net loss available to common shareholders - basic

 

$(37,629,803)

 

$(36,711,970)

Weighted average shares outstanding - basic

 

 

43,148,888

 

 

 

40,662,137

 

Basic loss per common share

 

$(0.87)

 

$(0.90)

 

 

 

 

 

 

 

 

 

Loss per share – diluted

 

 

 

 

 

 

 

 

Net loss available to common shareholders - basic

 

$(37,629,803)

 

$(36,711,970)

Unrealized gain on derivatives (1)

 

 

-

 

 

 

(1,085,540)

Net loss available to common shareholders - diluted

 

$(37,629,803)

 

$(37,797,510)

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

 

43,148,888

 

 

 

40,662,137

 

Incremental shares underlying dilutive warrants (1)

 

 

-

 

 

 

32,111

 

Weighted average shares outstanding - diluted

 

 

43,148,888

 

 

 

40,694,248

 

Diluted loss per common share

 

$(0.87)

 

$(0.93)
Schedule of anti-dilutive securities

 

 

2022

 

 

2021

 

Options and Warrants

 

 

14,274,836

 

 

 

10,604,850

 

Unvested Restricted Stock

 

 

151,250

 

 

 

151,250

 

Total

 

 

14,426,086

 

 

 

10,756,100