Relief Acquisition - Schedule of Assets and Liability Acquired (Details) |
12 Months Ended |
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Sep. 30, 2020
USD ($)
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Relief Acquisition | |
Fair value of common stock issued: | $ 6,700,128 |
Cash | 16,194 |
Prepaid expenses and other current assets | 29,311 |
In-process research and development | 6,826,495 |
Total assets acquired | 6,872,000 |
Accounts payable | 45,757 |
Accrued expenses | 126,115 |
Total liabilities assumed | 171,872 |
Total net assets acquired | $ 6,700,128 |
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- Definition Business combination, recognized identifiable assets acquired and liabilities assumed, assets, In-process research and development (IPR and D). No definition available.
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- Definition Business combination, recognized identifiable assets acquired and liabilities assumed, liabilities, accrued expenses. No definition available.
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- References No definition available.
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value of stock issued pursuant to acquisitions during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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