Interest and Finance Costs (Tables)

12 Months Ended

Dec. 31, 2020

Interest and Finance Costs [Abstract]

Interest and Finance Costs

The amounts in the consolidated balance sheets are analyzed as follows:

	Year ended September 30, 2018		Three months ended December 31, 2018		Year ended December 31, 2019		Year ended December 31, 2020
Interest on long-term debt	$	-	$	-	$	47,585	$	668,152
Interest on long-term debt – related party (Note 3 (c))		-		-		162,500		305,000
Interest on convertible debt – non cash (Note 6)		-		-		-		57,773
Amortization and write-off of deferred finance charges		-		-		6,628		599,087
Amortization and write-off of convertible notes beneficial conversion features		-		-		-		532,437
Other finance charges		3,393		519		5,450		27,128
Total	$	3,393	$	519	$	222,163	$	2,189,577