XML 47 R2.htm IDEA: XBRL DOCUMENT v3.21.4
Balance Sheets - USD ($)
Sep. 30, 2021
Sep. 30, 2020
Current assets    
Cash $ 5,783,994 $ 1,079,839
Deferred costs 180.0000
Prepaid expenses 279,832 258,424
Total current assets 6,243,826 1,338,263
Other assets 200,000
Operating lease ROU asset 291,140
Deferred costs 510,000
Total assets 6,753,826 1,829,403
Current liabilities    
Accounts payable and accrued liabilities 1,462,732 840,234
Accrued compensation 25,000 10,000
Operating lease liability – current portion 132,608
Paycheck protection program loan – current portion 216,902
Deferred revenue 15,417
Total current liabilities 1,487,732 1,215,161
Paycheck protection program loan – long term 148,528
Operating lease liability – long-term portion 603,676
Total liabilities 1,487,732 1,967,365
Series A convertible preferred stock, $0.01 par value, 10,000,000 shares authorized; nil and 1,000,000 shares issued and outstanding as of September 30, 2021 and September 30, 2020, respectively 10,000
Common stock, $0.01 par value, 681,000,000 shares authorized; 82,927,311 and 27,505,196 shares outstanding; and 96,342,125 and 40,792,510 issued as of September 30, 2021 and September 30, 2020, respectively 963,421 407,925
Treasury stock, at cost, 13,414,814 and 13,287,314 shares as of September 30, 2021 and September 30, 2020, respectively (590,000) (550,000)
Additional paid-in capital 76,423,564 68,420,721
Accumulated deficit (71,530,891) (68,426,608)
Total stockholders’ equity (deficit) 5,266,094 (137,962)
Total liabilities and stockholders’ equity (deficit) $ 6,753,826 $ 1,829,403