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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (22,509,298) $ 35,934,235
Stock-based compensation 17,463,455 5,318,882
Depreciation and amortization 2,631,472 2,353,319
Amortization/(accretion) of note premiums 419,212 330,229
Changes in operating assets and liabilities:    
Accounts receivable (604,410) (13,094,965)
Prepaid expenses and other current assets 46,520 (1,440,287)
Deferred revenue (49,630,006) 120,622,138
Accounts payable 5,767,770 1,256,092
Accrued expenses (5,424,591) (2,340,651)
Other 725,481 (240,737)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (51,114,395) 148,698,255
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (7,929,100) (946,788)
Purchases of marketable securities (180,523,424) (90,266,001)
Proceeds from sale of marketable securities 19,602,967 12,239,219
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (168,849,557) (78,973,570)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on notes payable   (2,415,150)
Proceeds from the exercises of stock options 4,331,577 3,674,731
Proceeds from the issuance of common stock 250,478,974 60,521,729
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 254,810,551 61,781,310
NET INCREASE (DECREASE) IN CASH 34,846,599 131,505,995
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 221,804,128 30,133,213
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 256,650,727 161,639,208
Supplementary disclosures:    
Interest paid   (27,437)
Income Taxes Paid   $ (2,400)