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Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Sep. 30, 2023
Assets    
Cash and cash equivalents $ 24,916,285 $ 9,625,494
Accounts receivable, net 3,960,305 4,506,508
Inventories, net 4,144,179 6,697,117
Prepaid research and development costs 419,371 1,006,252
Prepaid expenses and other current assets 1,783,084 1,097,851
Total current assets 35,223,224 22,933,222
Plant and equipment, net 1,284,654 1,652,732
Operating lease right-of-use asset 3,561,773 4,332,473
Deferred income taxes 12,340,237 12,707,419
Intangible assets, net 0 5,952
Goodwill 6,878,932 6,878,932
Other assets 1,129,952 1,512,361
Total assets 60,418,772 50,023,091
Liabilities and Stockholders' Equity    
Accounts payable 3,036,841 12,931,172
Accrued compensation 4,679,696 990,609
Accrued expenses and other current liabilities 2,060,097 1,987,738
Residual royalty agreement, short-term portion (Note 9) 1,025,837 864,623
Operating lease liability, short-term portion 1,065,497 1,036,590
Total current liabilities 11,867,968 17,810,732
Residual royalty agreement, long-term portion (Note 9) 8,850,792 8,870,136
Operating lease liability, long-term portion 2,921,380 3,634,114
Other liabilities 4,461,920 29,948
Total liabilities 28,102,060 30,344,930
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, no shares issued and outstanding at September 30, 2024 and 2023, respectively 0 0
Common stock, par value $0.01 per share; 308,000,000 shares authorized, 148,567,624 and 93,966,402 shares issued and 146,383,920 and 91,782,698 shares outstanding at September 30, 2024 and 2023, respectively 1,485,676 939,664
Additional paid-in-capital 333,788,795 283,894,830
Accumulated other comprehensive loss (581,519) (581,519)
Accumulated deficit (294,569,635) (256,768,209)
Treasury stock, 2,183,704 shares, at cost (7,806,605) (7,806,605)
Total stockholders' equity 32,316,712 19,678,161
Total liabilities and stockholders' equity $ 60,418,772 $ 50,023,091