XML 20 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development $ 3,739,948 $ 4,703,160 $ 12,184,276 $ 13,684,204
General and administrative 1,748,935 1,967,075 6,592,128 6,547,866
Total operating expenses 5,488,883 6,670,235 18,776,404 20,232,070
Operating loss (5,488,883) (6,670,235) (18,776,404) (20,232,070)
Interest expense, net (172,050) (190,705) (520,439) (571,102)
Other expense (3,771) 4,382 (13,312) (7,801)
Net loss (5,664,704) (6,856,558) (19,310,155) (20,810,973)
Modification of warrants 0 (659,456) 0 (659,456)
Net loss available to common shareholders $ (5,664,704) $ (7,516,014) $ (19,310,155) $ (21,470,429)
Net loss per common share - basic and diluted $ (1.36) $ (4.18) $ (6.34) $ (12.51)
Weighted average common shares outstanding - basic and diluted 4,150,702 1,799,813 3,046,400 1,715,982