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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (2,673,728) $ 12,037,253
Stock-based compensation 4,491,752 2,717,534
Depreciation and amortization 1,259,884 1,177,352
Amortization/(accretion) of note premiums 177,448 (156,637)
Changes in operating assets and liabilities:    
Accounts receivable (683,937) (2,841,204)
Prepaid expenses and other current assets 1,377,660 (120,912)
Deferred revenue (28,770,642) 158,096,440
Accounts payable 4,551,611 1,130,491
Accrued expenses (4,213,695) (3,489,712)
Other 953,189 (265,842)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (23,530,458) 168,284,763
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (4,319,714) (737,487)
Purchases of marketable securities   (69,271,001)
Proceeds from sale of marketable securities 13,600,000 2,252,219
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 9,280,286 (67,756,269)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on notes payable   (2,415,149)
Proceeds from the exercises of stock options 3,001,554 1,004,694
Proceeds from the issuance of common stock 250,476,739 60,521,729
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 253,478,293 59,111,274
NET INCREASE (DECREASE) IN CASH 239,228,121 159,639,768
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 221,804,128 30,133,213
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 461,032,249 189,772,981
Supplementary disclosures:    
Interest paid   $ (27,437)