| Income Tax Disclosure [Abstract] | Period [Axis] |
|---|
2015-10-01 - 2016-09-30 |
|---|
Income Tax Disclosure [Abstract] | |
Schedule of income tax provision (benefit) |
| |
|
2016 |
|
|
2015
|
|
| Federal: |
|
|
|
|
|
|
|
|
| Current |
|
$ |
- |
|
|
|
- |
|
| Deferred |
|
|
(3,780,000 |
) |
|
|
13,924,000 |
|
| |
|
|
(3,780,000
|
) |
|
|
13,924,000 |
|
| State and local: |
|
|
|
|
|
|
|
|
| Current |
|
|
- |
|
|
|
- |
|
| Deferred |
|
|
(1,302,000 |
) |
|
|
(70,000 |
) |
| |
|
|
(1,302,000 |
) |
|
|
(70,000 |
) |
| |
|
|
|
|
|
|
|
|
| Change in valuation allowance |
|
|
5,082,000 |
|
|
|
(13,854,000 |
) |
| |
|
|
|
|
|
|
|
|
| Income tax provision (benefit) |
|
$ |
- |
|
|
|
- |
|
|
Schedule of effective income tax rate reconciliation |
| |
|
2016 |
|
|
2015
|
|
| |
|
|
|
|
|
|
| Statutory federal income tax rate |
|
|
34.00 |
% |
|
|
34.00 |
% |
| Statutory state and local income tax rate (1%, as of September 30, 2016 and 2015), net of federal benefit |
|
|
7.72 |
% |
|
|
0.59 |
% |
| Stock based compensation |
|
|
(2.33 |
%) |
|
|
(8.34 |
%) |
| Other permanent differences |
|
|
0.72 |
% |
|
|
(4.94 |
%) |
| Effect of change in deferred tax rate |
|
|
2.01 |
% |
|
|
4.15 |
% |
| Warrant liability |
|
|
- |
|
|
|
(33.78 |
%) |
| Adjustment to state tax credits |
|
|
0.41 |
% |
|
|
- |
|
| Adjustment to depreciation and amortization |
|
|
1.09 |
% |
|
|
(16.28 |
%) |
| Adjustment to stock based compensation |
|
|
(2.43 |
%) |
|
|
(30,73 |
%) |
| Adjustment of prior years’ NOLs |
|
|
0.55 |
% |
|
|
(61.28 |
%) |
| Change in valuation allowance |
|
|
(41.74 |
%) |
|
|
116.61 |
% |
| Effective tax rate |
|
|
0.00 |
% |
|
|
0.00 |
% |
|
Schedule of components of deferred tax assets |
| |
|
September 30, |
|
| |
|
2016 |
|
|
2015
|
|
| Deferred tax assets (liabilities): |
|
|
|
|
|
|
|
|
| Stock based compensation |
|
$ |
2,025,000 |
|
|
$ |
1,961,000 |
|
| Depreciation and amortization |
|
|
351,000 |
|
|
|
35,000 |
|
| Amortization of debt discount |
|
|
16,269,000 |
|
|
|
16,055,000 |
|
| Net operating loss carry forward |
|
|
12,713,000 |
|
|
|
8,199,000 |
|
| Tax credits |
|
|
221,000 |
|
|
|
86,000 |
|
| Other |
|
|
105,000 |
|
|
|
266,000 |
|
| Less: valuation allowance |
|
|
(31,684,000 |
) |
|
|
(26,602,000 |
) |
| Net deferred tax asset |
|
$ |
- |
|
|
$ |
- |
|
|
