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Stock-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2022
Share-based Compensation  
Schedule of stock-based compensation expense

Year ended September 30, 

    

2022

    

2021

Research and development

$

2,691,330

$

953,328

General and administrative

5,019,474

3,933,959

$

7,710,804

$

4,887,287

Schedule of performance-based stock units activity

Weighted

Average

Number

Base

Remaining

of

Price

Contractual

Aggregate

    

PSUs

    

Per PSU

    

Term (Years)

    

Intrinsic Value

Balance at October 1, 2020

2,470

$

49.97

Forfeitures

Balance at September 30, 2021

2,470

$

49.97

Forfeitures

Balance at September 30, 2022

2,470

$

49.97

2.0

$

Vested and exercisable at September 30, 2022

2,470

$

49.97

2.0

$

Vested and expected to vest at September 30, 2022

2,470

$

49.97

2.0

$

Stock options  
Share-based Compensation  
Schedule of stock option activity

Weighted

Average

Weighted

Remaining

Number of

Average

Contractual

Aggregate

    

Shares

    

Exercise Price

    

Term (Years)

    

Intrinsic Value

Balance at October 1, 2020

3,762,143

$

2.01

Granted

12,461,645

1.29

Forfeited or expired

(113,773)

0.76

Balance at September 30, 2021

16,110,015

1.46

Granted

4,039,566

1.60

Exercised

(25,000)

0.71

$

38,960

Balance at September 30, 2022

20,124,581

$

1.49

8.3

$

4,521,960

Exercisable

8,353,802

$

1.53

7.9

$

2,067,210

Vested and expected to vest at September 30, 2022

20,124,581

$

1.49

8.3

$

4,521,960

Schedule of option assumptions

Year ended September 30, 

2022

    

2021

Risk-free interest rate

    

1.77

%  

0.58

%

Expected term (years)

6.0

6.0

Expected volatility

95.3

%  

94.5

%

Expected dividend yield

Performance-based stock options  
Share-based Compensation  
Schedule of stock option activity

Weighted

Average

Weighted

Remaining

Number of

Average

Contractual

Aggregate

    

Shares

    

Exercise Price

    

Term (Years)

    

Intrinsic Value

Balance at October 1, 2020

$

Granted

1,000,000

2.42

Balance at September 30, 2021

1,000,000

2.42

Granted

1,900,000

1.44

Forfeited or expired

(2,200,000)

1.89

Balance at September 30, 2022

700,000

$

1.44

9.2

$

Exercisable

700,000

$

1.44

9.2

$

Vested and expected to vest at September 30, 2022

700,000

$

1.44

9.2

$

Schedule of option assumptions

Year ended September 30, 

2022

    

2021

Risk-free interest rate

1.26

%  

0.88

%

Expected term (years)

5.2

5.4

Expected volatility

91.5

%  

93.1

%

Expected dividend yield