Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies and Estimates (Tables)

v3.20.4
Significant Accounting Policies and Estimates (Tables)
12 Months Ended
Sep. 30, 2020
Property and Equipment  
Schedule of Earnings and Loss per Share

 

September 30,

2020

 

 

September 30,

2019

 

Basic net income (loss) per share computation:

 

 

 

 

 

 

Net loss

 

$

(14,347

)

 

$

(17,763

)

Add: gain on redeemed preferred stock

 

 

24,475

 

 

 

-

 

Net income (loss) attributable to common stockholders

 

 

10,128

 

 

 

(17,763

)

Weighted-average common shares outstanding

 

 

15,214

 

 

 

11,840

 

Basic net income (loss) per share

 

$

0.67

 

 

$

(1.50

)

 

 

 

 

 

 

 

 

 

Diluted net income per share computation:

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

 

10,128

 

 

 

(17,763

)

Less: gain on redeemed preferred stock

 

 

(24,475

)

 

 

-

 

Less: gain on extinguishment of convertible debt

 

 

(11,405

)

 

 

-

 

Add: interest expense on convertible note

 

 

1,204

 

 

 

-

 

Diluted loss attributable to common stockholders

 

$

(24,548

)

 

$

(17,763

)

Weighted average common shares outstanding

 

 

15,214

 

 

 

11,840

 

Incremental shares attributable to the assumed conversion of preferred stock, convertible debt and exercise of outstanding stock options and warrants

 

 

6,356

 

 

 

-

 

Total adjusted weighted-average shares

 

 

21,570

 

 

 

11,840

 

Diluted net loss per share

 

$

(1.14

)

 

$

(1.50

)