Income Taxes (Tables)

12 Months Ended

Sep. 30, 2019

Income Tax Disclosure [Abstract]

Income (loss) before provision for income taxes

For financial reporting purposes, income (loss) before provision for income taxes, includes the following components:

	Year Ended September 30, 2019			Year Ended September 30, 2018
Domestic	$	(7,812,655	)	$	(8,322,690	)
Foreign		(2,499,323	)		(22,368	)
Loss before income taxes	$	(10,311,978	)	$	(8,345,058	)

Reconciliation of the federal income tax rate

A reconciliation of the statutory U.S. federal rate to the Company’s effective tax rate consist of the following:

	September 30,
	2019			2018
Tax computed at statutory federal income tax rate		21	%		24.5	%
At statutory rate	$	(4,223,929	)	$	(2,047,012	)
State taxes		(1,439,551	)		(503,329	)
State valuation allowance		1,492,914			504,277
Federal valuation allowance		3,601,825			1,435,765
Tax credits		(440,798	)		(57,748	)
Foreign valuation allowance		563,698			5,368
Stock based compensation		(15,798	)		6,784
Capitalized software development costs		466,426			—
Revenue recognition temporary difference		(292,704	)		—
Tax law changes		—			567,832
Other		986			89,319
Income tax (Benefit) expense	$	(286,931	)	$	1,256

Deferred tax assets

The tax effects of the temporary differences and carry forwards that give rise to deferred tax assets consist of the following:

	September 30,
	2019			2018
Deferred tax assets:
Net operating loss carryovers	$	5,664,736		$	2,803,511
Other		837,917			250,006
Total deferred tax assets	$	6,502,653		$	3,053,517
Less valuation allowance		(6,214,466	)		(3,053,517	)
Deferred tax asset, net of valuation allowance	$	288,187		$	—