Income Taxes (Tables)

3 Months Ended

Dec. 31, 2019

Income Taxes [Abstract]

Reconciliation of Income Tax Expense (Benefit)

	Three Months Ended
	December 31,
	2019		2018
Income tax benefit at U.S. federal statutory rates	$	(710,188)	$	(431,823)
State income tax benefit, net of federal benefits		(55,000)		(102,342)
Effect of foreign income tax rates		42,554		(8,357)
Effect of deemed dividend and repatriation tax		50,451		31,309
Change in valuation allowance		592,710		623,130
Other, net		2,730		(19,419)
Income tax (benefit) expense	$	(76,743)	$	92,498

Significant Components of Deferred Tax Assets and Liabilities

	December 31,		September 30,
	2019		2019
Deferred tax assets:
Federal net operating loss carryforwards	$	9,178,717	$	8,971,569
State net operating loss carryforwards		1,708,787		1,689,536
Foreign net operating loss carryforwards – U.K.		10,576,169		10,486,476
Foreign capital allowance – U.K.		103,400		103,400
Share-based compensation		928,679		804,378
Interest expense		259,917		—
Other, net – U.K.		50,780		50,781
Other, net – U.S.		461,879		434,764
Gross deferred tax assets		23,268,328		22,540,904
Valuation allowance for deferred tax assets		(10,422,919)		(9,830,209)
Net deferred tax assets		12,845,409		12,710,695
Deferred tax liabilities:
In-process research and development		(4,072,740)		(4,072,740)
Developed technology		(410,802)		(424,657)
Covenant not-to-compete		(61,953)		(65,993)
Other, net – Malaysia		(3,865)		(3,865)
Other, net – U.S.		(6,375)		(6,376)
Net deferred tax liabilities		(4,555,735)		(4,573,631)
Net deferred tax asset	$	8,289,674	$	8,137,064

Schedule of Deferred Tax Amounts Classified in Balance Sheets

	December 31,		September 30,
	2019		2019
Deferred tax asset – U.K.	$	8,586,279	$	8,433,669
Total deferred tax asset	$	8,586,279	$	8,433,669
Deferred tax liability – U.S.		(292,740)		(292,740)
Deferred tax liability – Malaysia		(3,865)		(3,865)
Total deferred tax liability	$	(296,605)	$	(296,605)