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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (84,553,226) $ 67,974,849 $ (54,450,478)
Change in value of derivatives     (432,141)
Stock-based compensation 43,382,988 12,393,323 8,454,607
Depreciation and amortization 5,942,264 4,439,144 4,699,275
Amortization/(accretion) of note premiums 525,305 1,069,070 383,075
Changes in operating assets and liabilities:      
Accounts receivable (184,312) (333,986) (259,578)
Prepaid expenses and other current assets (387,464) (3,710,515) 319,166
Deferred revenue (63,513,696) 82,804,171 (5,269,140)
Accounts payable (821,012) 4,843,825 (1,270,416)
Accrued expenses 1,989,496 2,450,079 1,016,506
Other 2,228,087 1,104,963 (414,293)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (95,391,570) 173,034,923 (47,223,417)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (11,951,712) (12,001,225) (1,421,252)
Purchases of investments (278,964,290) (90,266,001) (52,083,131)
Proceeds from sale of investments 50,138,238 54,521,219 46,069,420
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (240,777,764) (47,746,007) (7,434,963)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Principal payments on notes payable   (2,415,150) (208,506)
Payment of taxes for net share settled restricted stock unit issuances     (54,667)
Proceeds from the exercises of stock options 7,468,899 8,275,410 3,631,164
Proceeds from the issuance of common stock 250,478,974 60,521,739 56,585,035
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 257,947,873 66,381,999 59,953,026
NET INCREASE (DECREASE) IN CASH (78,221,461) 191,670,915 5,294,646
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 221,804,128 30,133,213 24,838,567
CASH AND CASH EQUIVALENTS AT END OF PERIOD 143,582,667 221,804,128 30,133,213
Supplementary disclosures:      
Interest paid   (27,437) (173,381)
Income Taxes (Paid) Refunded $ 103,437 $ (302,400) $ (2,400)