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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 67,974,849 $ (54,450,478) $ (34,380,295)
Change in value of derivatives   (432,141) (890,362)
Stock-based compensation 12,393,323 8,454,607 7,891,595
Depreciation and amortization 4,439,144 4,699,275 4,690,440
Amortization/(accretion) of note premiums 1,069,070 383,075 (43,519)
Changes in operating assets and liabilities:      
Accounts receivable (333,986) (259,578) 7,203
Prepaid expenses and other current assets (3,710,515) 319,166 2,814,509
Deferred revenue 82,804,171 (5,269,140) 157,981
Accounts payable 4,843,825 (1,270,416) (3,509,995)
Accrued expenses 2,450,079 1,016,506 (401,777)
Other 1,104,963 (414,293) (274,752)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 173,034,923 (47,223,417) (23,938,972)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property and equipment (12,001,225) (1,421,252) (7,918,198)
Purchases of marketable securities (90,266,001) (52,083,131) (44,974,736)
Proceeds from sale of marketable securities 54,521,219 46,069,420 4,248,716
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (47,746,007) (7,434,963) (48,644,218)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Principal payments on notes payable (2,415,150) (208,506) (197,790)
Payments of taxes for net share settled restricted stock unit issuances   (54,667) (438,838)
Proceeds from the exercises of warrants and stock options 8,275,410 3,631,164 272,818
Proceeds from the issuance of common stock 60,521,739 56,585,035 12,419,119
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 66,381,999 59,953,026 12,055,309
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 191,670,915 5,294,646 (60,527,881)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 30,133,213 24,838,567 85,366,448
CASH AND CASH EQUIVALENTS AT END OF PERIOD 221,804,128 30,133,213 24,838,567
Supplementary disclosures:      
Interest Paid (27,437) (173,381) (187,647)
Income Tax Credits Refunded     3,635,016
Income Tax Paid $ (302,400) $ (2,400) $ (2,400)