Fair Value Measurements (Tables)

9 Months Ended

Jun. 30, 2020

Fair Value Measurements for Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes fair value measurements at June 30, 2020 and September 30, 2019 for assets and liabilities measured at fair value on a recurring basis:

June 30, 2020:

	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	219,322,617	$	—	$	—	$	219,322,617
Short-term investments	$	68,897,679	$	—	$	—	$	68,897,679
Long-term investments	$	183,360,225	$	—	$	—	$	183,360,225
Contingent consideration	$	—	$	—	$	—	$	—

September 30, 2019:

	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	221,804,128	$	—	$	—	$	221,804,128
Short-term investments	$	37,122,478	$	—	$	—	$	37,122,478
Long-term investments	$	45,051,251	$	—	$	—	$	45,051,251
Contingent consideration	$	—	$	—	$	—	$	—