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CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses:        
Research and development $ 5,727,789 $ 6,286,873 $ 17,203,823 $ 18,893,857
General and administrative 2,453,968 2,432,518 6,804,729 8,220,768
Total operating expenses 8,181,757 8,719,391 24,008,552 27,114,625
Operating loss (8,181,757) (8,719,391) (24,008,552) (27,114,625)
Gain on derivative instruments     0 366,791
Other non-operating losses     0 (30,793)
Interest expense, net (181,670) (913,193) (493,522) (1,460,055)
Other expense (3,854) 0 (61,525) 0
Net loss (8,367,281) (9,632,584) (24,563,599) (28,238,682)
Modification of Warrants 0 (294,409) (171,552) (294,409)
Net loss available to common shareholders $ (8,367,281) $ (9,926,993) $ (24,735,151) $ (28,533,091)
Net loss per common share - basic and diluted $ (0.19) $ (0.23) $ (0.57) $ (0.66)
Weighted average common shares outstanding - basic and diluted 44,254,363 43,174,775 43,761,395 43,124,972