v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Sep. 30, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 1,032,329 $ 3,110,755
Total current assets 1,032,329 3,110,755
PROPERTY AND EQUIPMENT, NET 56,913 66,796
OTHER ASSETS    
Other assets 149,174 149,174
Operating lease right-of-use asset 309,011 337,703
TOTAL ASSETS 1,547,427 3,664,428
CURRENT LIABILITIES:    
Accounts payable - trade 889,009 552,680
Accrued expenses 92,086 101,582
Accrued expenses - related parties 103,473 84,573
Current portion of convertible notes payable, net 2,128,687 2,855,058
Current portion of convertible notes payable - related parties 1,876,073 1,460,926
Current portion of operating lease right-of-use liability 109,960 108,560
Total current liabilities 5,199,288 5,163,379
NON-CURRENT LIABILITIES:    
Operating lease liability, net of current portion 218,196 249,728
Non-current portion of convertible notes payable, net 44,843 407,522
Total liabilities 5,462,327 5,820,629
Preferred stock - $0.001 par value, 5,000,000 shares authorized, Series C and D shares issued and outstanding as follows:    
Common stock - $0.001 par value, 300,000,000 shares authorized, 111,166,117 and 108,097,936 shares issued and outstanding at 12/31/2024 and 9/30/2024, respectively 111,089 108,021
Additional paid in capital 139,405,148 136,468,855
Accumulated deficit (143,433,942) (138,735,882)
Total stockholders' deficit (3,914,900) (2,156,201)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 1,547,427 3,664,428
Series C Convertible Preferred Shares [Member]    
Preferred stock - $0.001 par value, 5,000,000 shares authorized, Series C and D shares issued and outstanding as follows:    
Series C Convertible Preferred stock $0.001 par value, 30,000 shares authorized, 17,858 shares issued and outstanding at 12/31/2024 and 9/30/2024, respectively 1,790 1,790
Series D Convertible Preferred Shares [Member]    
Preferred stock - $0.001 par value, 5,000,000 shares authorized, Series C and D shares issued and outstanding as follows:    
Series C Convertible Preferred stock $0.001 par value, 30,000 shares authorized, 17,858 shares issued and outstanding at 12/31/2024 and 9/30/2024, respectively $ 1,015 $ 1,015

Source

10-Q PDF
XBRL