Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

v3.22.2.2
Share-Based Compensation (Tables)
 12 Months Ended
Sep. 30, 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 consolidated statements of operations.

 

                 
    Year Ended September 30,  
    2022     2021  
Research and development   $ 437,921     $ 422,813  
General and administrative     438,447       952,610  
Share Based Compensation   $ 876,368     $ 1,375,423  
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, 2020     46,703     $ 50.82  
Granted     3,357     $ 33.32  
Vested     (23,351 )   $ 50.82  
Forfeited     (761 )   $ 50.82  
Unvested balance at September 30, 2021     25,948     $ 48.56  
Granted     46,478     $ 7.07  
Vested     (24,091 )   $ 49.60  
Forfeited     (537 )   $ 50.82  
Unvested balance at September 30, 2022     47,798     $ 7.98