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CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Operating expenses:        
Research and development $ 6,083,488 $ 6,523,817 $ 11,476,034 $ 12,606,984
General and administrative 2,092,758 3,028,042 4,350,761 5,788,250
Total operating expenses 8,176,246 9,551,859 15,826,795 18,395,234
Operating loss (8,176,246) (9,551,859) (15,826,795) (18,395,234)
Gain on derivative instruments 0 2,195 0 366,791
Other non-operating losses     0 (30,793)
Interest expense, net (159,063) (273,828) (311,852) (546,862)
Other expense (7,500) 0 (57,671)  
Net loss (8,342,809) (9,823,492) (16,196,318) (18,606,098)
Modification of warrants     (171,552) 0
Net loss available to common shareholders $ (8,342,809) $ (9,823,492) $ (16,367,870) $ (18,606,098)
Net loss per common share - basic and diluted $ (0.19) $ (0.23) $ (0.38) $ (0.43)
Weighted average common shares outstanding - basic and diluted 43,588,381 43,122,671 43,513,571 43,100,070