Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Sep. 30, 2022
Current assets:    
Cash $ 7,021,071 $ 3,052,879
Incentive tax receivable 749,169 717,305
Prepaid expenses and other current assets 1,862,683 1,643,743
Total current assets 9,632,923 5,413,927
Property and equipment, net 36,577 46,211
Operating lease right-of-use asset 209,944 256,594
Deferred offering costs 113,280
Other assets 155,366
Total assets 10,034,810 5,830,012
Current liabilities:    
Accounts payable 3,024,441 4,752,340
Accrued expenses and other current liabilities 3,315,404 3,193,972
Operating lease liability 70,446 51,328
Deferred income 55,882 166,431
Total current liabilities 6,466,173 8,164,819
Operating lease liability 150,185 203,912
Total liabilities 6,616,358 8,368,731
Commitments and contingencies (Note 4)
Stockholders’ equity (deficit):    
Preferred stock; $0.0001 par value: 5,000,000 shares authorized. No shares issued or outstanding
Common stock; $0.0001 par value: 125,000,000 shares authorized; 38,389,648 and 5,544,528 issued and outstanding at June 30, 2023 and September 30, 2022 3,839 554
Additional paid-in capital 109,981,627 88,871,786
Accumulated deficit (106,567,014) (91,411,059)
Total stockholders’ equity (deficit) 3,418,452 (2,538,719)
Total liabilities and stockholders’ equity (deficit) 10,034,810 5,830,012
Related Party [Member]    
Current liabilities:    
Related-party notes payable $ 748