Fair Value Measurements (Tables)

6 Months Ended

Mar. 31, 2020

Fair Value Measurements

Schedule of assets and liabilities measured at fair value on a recurring basis

	March 31, 2020
	(Level 1)		(Level 2)		(Level 3)
Liabilities
Redemption feature	$	—	$	—	$	6,467,469
Warrant liability		—		—		53,592
	$	—	$	—	$	6,521,061
	September 30, 2019
	(Level 1)		(Level 2)		(Level 3)
Liabilities
Redemption feature	$	—	$	—	$	—
Warrant liability		—		—		255,734
	$	—	$	—	$	255,734

Schedule of changes in the fair value of Level 3 valuation for the warrant liability

			Redemption
	Warrants		Feature
Balance at October 1, 2019	$	255,734	$	—
Addition of feature on December 20, 2019		—		8,264,451
Change in fair value		(202,142)		(1,796,982)
Balance at March 31, 2020	$	53,592	$	6,467,469

Schedule of fair value of the warrant liability

	March 31, 2020			September 30, 2019
Risk-free interest rate		0.37	%		1.56	%
Remaining contractual life of warrant		4.88	years		5.38	years
Expected volatility		90.2	%		89.0	%
Annual dividend yield		0	%		0	%
Fair value of common stock	$	0.60	pershare	$	1.49	pershare