Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

v3.24.4
Share-Based Compensation (Tables)
 12 Months Ended
Sep. 30, 2024
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 consolidated statements of operations as follows:

  

    2024     2023  
    Years ended September 30,  
    2024     2023  
Research and development   $ 109,356     $ 121,265  
General and administrative     121,834       127,361  
Share-based compensation   $ 231,190     $ 248,626  
Schedule of Restricted Stock Units Activity

The following table summarizes RSU activity under the Plan:

  

          Weighted  
          Average Grant  
    RSU     Date Fair Value  
Unvested balance at October 1, 2022     266     $ 1,507.76  
Granted     976     $ 171.77  
Vested     (266 )   $ 1,507.76  
Forfeited     (688 )   $ 170.72  
Unvested balance at September 30, 2023     288     $ 174.26  
Granted     9,175     $ 14.08  
Vested     (288 )   $ 174.26  
Forfeited     —     $ —  
Unvested balance at September 30, 2024     9,175     $ 14.08  
Schedule of Restricted Stock Awards Activity

The following table summarizes RSA activity under the Plan:

  

          Weighted  
          Average Grant  
    RSA     Date Fair Value  
Unvested balance at October 1, 2022     —     $ —  
Granted     688     $ 226.16  
Unvested balance at September 30, 2023     688     $ 226.16  
Granted     7,977     $ 14.08  
Vested     (688 )   $ 226.16  
Unvested balance at September 30, 2024     7,977     $ 14.08