Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.22.1
Share-Based Compensation (Tables)
 6 Months Ended
Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense

The Company recorded share-based compensation expense associated with the RSUs in its accompanying interim consolidated statements of operations as follows:

    Three Months Ended    

Six Months

Ended

     Three Months Ended    

Six Months

Ended

  
    March 31, 2022     March 31, 2022     March 31, 2021     March 31, 2021  
Research and development   $ 160,907     $ 330,083     $ 105,695     $ 211,389  
General and administrative     189,984       352,883       264,360       528,721  
Share-based compensation    $ 350,891     $ 682,966     $ 370,055     $ 740,110  
Schedule of Restricted Stock Units Activity

The following table summarizes RSU activity under the Plan:

    RSU    

Weighted Average

Grant Date Fair

Value

  
Unvested balance at October 1, 2021     363,268     $ 3.47  
Granted     650,685     $ 0.50  
Vested     (23,500 )   $ 2.38  
Forfeited     (2,500 )   $ 3.63  
Unvested balance at March 31, 2022     987,953     $ 1.54