v3.22.4
Statements of Cash Flows - USD ($)
 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (12,741,962) $ (5,471,649)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation on property and equipment and finance ROU assets 190,780 185,730
Non-cash lease cost 28,451 1,596
Accretion of stock option expense 6,015,622
Amortization of debt discount 738,521 64,981
Bad debt 39,426
Gain on debt extinguishment (227,294)
Unrealized loss on exchange rate 22,686
Unrealized loss on marketable securities 7,300 100
Gain on dissolution of subsidiary (9,916)
Gain on disposal of subsidiary (1,000)
Gain on modification of operating lease (8,229)
Change in operating assets and liabilities:    
Accounts receivable (35,957)
Prepaid expenses and other current assets (8,559) (37,732)
Laboratory supplies 71,062 273
Accounts payable (191,125) 415,190
Accrued liabilities and other liabilities 483,575 140,955
Contract liabilities 21,400 135,150
NET CASH USED IN OPERATING ACTIVITIES (5,389,695) (4,780,930)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Adjustment related to Series A preferred prior period redemption payment 500
Proceeds from disposal of a subsidiary 1,000
Purchase of property and equipment (131,611) (135,702)
NET CASH USED IN INVESTING ACTIVITIES (131,611) (134,202)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of preferred stock 1,000,000
Proceeds from sale of common stock 1,350,000
Proceeds from convertible debt - related party 3,150,000 1,000,000
Proceeds from convertible debt 2,475,000
Proceeds of notes payable - related party 400,000 100,000
Repayment of notes payable - related party (150,000)
Repayment of financed lease (47,730)
Deferred offering costs (27,270)
Payments for preferred stock dividends (199,385)
NET CASH PROVIDED BY FINANCING ACTIVITIES 5,600,615 3,450,000
NET CHANGE IN CASH 79,309 (1,465,132)
CASH, beginning of the year 314,151 1,779,283
CASH, end of the year 393,460 314,151
Cash paid during the period for:    
Interest 117,301
Income taxes
Non-cash investing and financing activities:    
Series E preferred stock dividend 160,000 159,890
Series F preferred stock dividend 80,000 6,728
Initial amount of operating ROU asset and related liability 1,212,708
Relative fair value of warrant issued in connection with convertible notes - related party recorded as debt discount 1,266,471 984,200
Relative fair value of warrant issued in connection with convertible notes recorded as debt discount 2,330,458
Relative fair value of additional warrants issued in connection with modification of convertible notes - related party recorded as debt discount 34,620 15,800
Relative fair value of additional warrants issued in connection with modification of convertible notes recorded as debt discount 44,858
Beneficial conversion feature related to a convertible note - related party recorded as debt discount
Beneficial conversion feature related to issuance of Series F preferred stock 42,808
Relative fair value of warrant issued in connection with the sale Series F preferred stock $ 957,192