Share-Based Compensation (Tables)
|
9 Months Ended |
12 Months Ended |
Jun. 30, 2024 |
Sep. 30, 2023 |
| Share-Based Payment Arrangement [Abstract] |
|
|
| Schedule of Share-based Compensation Expense |
The
Company recorded share-based compensation expense associated with the RSUs and RSAs in its accompanying unaudited interim consolidated
statements of operations as follows:
Schedule
of Share-based Compensation Expense
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| |
|
Three Months Ended June 30, |
|
|
Nine Months Ended June 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Research and development |
|
$ |
28,268 |
|
|
$ |
24,554 |
|
|
$ |
81,089 |
|
|
$ |
102,807 |
|
| General and administrative |
|
|
32,127 |
|
|
|
25,451 |
|
|
|
89,706 |
|
|
|
95,813 |
|
| Share Based Compensation |
|
$ |
60,395 |
|
|
$ |
50,005 |
|
|
$ |
170,795 |
|
|
$ |
198,620 |
|
|
The
Company recorded share-based compensation expense associated with the RSUs and RSAs in its accompanying consolidated statements of operations
as follows:
Schedule
of Share-based Compensation Expense
| |
|
2023 |
|
|
2022 |
|
| |
|
Years
ended September 30, |
|
| |
|
2023 |
|
|
2022 |
|
| Research
and development |
|
$ |
121,265 |
|
|
$ |
437,921 |
|
| General
and administrative |
|
|
127,361 |
|
|
|
438,447 |
|
| Share
Based Compensation |
|
$ |
248,626 |
|
|
$ |
876,368 |
|
|
| Schedule of Restricted Stock Units Activity |
The
following table summarizes RSU activity under the Plan:
Schedule
of Restricted Stock Units Activity
| |
|
|
|
|
Weighted |
|
| |
|
|
|
|
Average Grant |
|
| |
|
RSU |
|
|
Date Fair Value |
|
| Unvested balance at October 1, 2023 |
|
|
2,326 |
|
|
$ |
21.78 |
|
| Granted |
|
|
73,440 |
|
|
$ |
1.76 |
|
| Vested |
|
|
(2,326 |
) |
|
$ |
21.78 |
|
| Unvested balance at June 30, 2024 |
|
|
73,440 |
|
|
$ |
1.76 |
|
|
The
following table summarizes RSU activity under the Plan:
Schedule
of Restricted Stock Units Activity
| |
|
|
|
|
Weighted |
|
| |
|
|
|
|
Average
Grant |
|
| |
|
RSU |
|
|
Date
Fair Value |
|
| Unvested
balance at October 1, 2021 |
|
|
1,179 |
|
|
$ |
1,068.32 |
|
| Granted |
|
|
2,103 |
|
|
$ |
155.54 |
|
| Vested |
|
|
(1,096 |
) |
|
$ |
1,091.20 |
|
| Forfeited |
|
|
(24 |
) |
|
$ |
1,118.04 |
|
| Unvested
balance at October 1, 2022 |
|
|
2,162 |
|
|
$ |
175.56 |
|
| Granted |
|
|
7,840 |
|
|
$ |
21.47 |
|
| Vested |
|
|
(2,162 |
) |
|
$ |
12.55 |
|
| Forfeited |
|
|
(5,514 |
) |
|
$ |
21.34 |
|
| Unvested
balance at September 30, 2023 |
|
|
2,326 |
|
|
$ |
21.78 |
|
|
| Schedule of Restricted Stock Awards Activity |
The
following table summarizes RSA activity under the Plan:
Schedule
of Restricted Stock Awards Activity
| |
|
|
|
|
Weighted |
|
| |
|
|
|
|
Average Grant |
|
| |
|
RSA |
|
|
Date Fair Value |
|
| Unvested balance at October 1, 2023 |
|
|
5,514 |
|
|
$ |
28.27 |
|
| Granted |
|
|
63,819 |
|
|
$ |
1.76 |
|
| Vested |
|
|
(5,514 |
) |
|
$ |
28.27 |
|
| Unvested balance at June 30, 2024 |
|
|
63,819 |
|
|
$ |
1.76 |
|
|
The
following table summarizes RSA activity under the Plan:
Schedule
of Restricted Stock Awards Activity
| |
|
|
|
|
Weighted |
|
| |
|
|
|
|
Average
Grant |
|
| |
|
RSA |
|
|
Date
Fair Value |
|
| Unvested
balance at October 1, 2022 |
|
|
— |
|
|
|
— |
|
| Granted |
|
|
5,514 |
|
|
$ |
28.27 |
|
| Unvested
balance at September 30, 2023 |
|
|
5,514 |
|
|
$ |
28.27 |
|
|