v3.24.3
CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Sep. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 3,110,755 $ 8,023,716
Total current assets 3,110,755 8,023,716
PROPERTY AND EQUIPMENT, NET 66,796 81,325
OTHER ASSETS    
Other assets 149,174 15,766
Operating lease right-of-use asset 337,703 145,090
TOTAL ASSETS 3,664,428 8,265,897
CURRENT LIABILITIES:    
Accounts payable - trade 552,680 1,292,861
Accrued expenses 101,582 94,062
Accrued expenses - related parties 84,573 218,334
Current portion of convertible notes payable, net 2,855,058 1,301,005
Current portion of convertible notes payable - related parties 1,460,926 1,460,926
Current portion of operating lease right-of-use liability 108,560 154,797
Total current liabilities 5,163,379 4,521,985
NON-CURRENT LIABILITIES:    
Operating lease liability, net of current portion 249,728 0
Non-current portion of convertible notes payable, net 407,522 0
Total liabilities 5,820,629 4,521,985
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, 200,000,000 shares authorized, 108,097,936 and 80,358,463 shares issued and outstanding at 9/30/2024 and 9/30/2023, respectively 108,021 80,358
Additional paid in capital 136,468,855 125,501,537
Accumulated deficit (138,735,882) (121,840,788)
Total stockholders' (deficit) equity (2,156,201) 3,743,912
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY 3,664,428 8,265,897
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 9/30/2024 and 9/30/2023, 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 9/30/2024 and 9/30/2023, respectively $ 1,015 $ 1,015

Source

10-K PDF
XBRL