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4. ACQUISITIONS (Tables) | 12 Months Ended
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Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of WAHA and SPRE Consideration | The Company determined the fair value of the consideration given to the Sellers in connection with the transaction and the allocation of the purchase price in accordance with ASC 820 were as follows:
Consideration: |  | Fair Value |
Cash |  | $ | 19,771,610 |
Financing provided by Seller |  |  | 1,961,747 |
Mortgage assumed |  |  | 2,158,253 |
Total Consideration |  | $ | 23,891,610 |
Schedule of WAHA and SPRE Purchase Price Allocation |
Purchase Price Allocation |  | Preliminary Allocation at Acquisition Date |
Land |  | $ | 100,000 |
Building/Improvements |  |  | 14,700,000 |
Miners |  |  | 9,091,610 |
Total |  | $ | 23,891,610 |
Schedule of SWS Consideration | The Company determined the fair value of the consideration given to the sellers of SWS in connection with the transaction in accordance with ASC 820 was as follows:
Consideration: |  | Fair Value |
Cash |  | $ | 1,350,000 |
Contingent consideration |  |  | 155,000 |
310,018 shares of common stock as contingent equity consideration |  |  | 533,002 |
167,685 shares of common stock |  |  | 4,649,905 |
Total Consideration |  | $ | 6,687,907 |
Schedule of SWS Purchase Price Allocation |
|  | Preliminary Allocation at Acquisition Date |  |  | Adjustments to Fair Value |  |  | Final Allocation at Acquisition Date |
Customer List |  | $ | 5,122,733 |  |  | $ | (4,932,733 | ) |  | $ | 190,000 |
Goodwill |  |  | 1,642,409 |  |  |  | 5,178,126 |  |  |  | 6,820,535 |
Other Assets and Liabilities assumed, net |  |  | (77,235 | ) |  |  | (245,393 | ) |  |  | (322,628 | )
Total |  | $ | 6,687,907 |  |  | $ | — |  |  | $ | 6,687,907 |
Schedule of ATL Consideration | The Company determined the fair value of the consideration given to the sellers of ATL in connection with the transaction in accordance with ASC 820 was as follows:
Consideration |  | Preliminary Allocation at Acquisition Date |  |  | Adjustments to Fair Value |  |  | Final Allocation at Acquisition Date |
642,309 shares of common stock |  | $ | 8,407,826 |  |  |  | — |  |  | $ | 8,407,826 |
975,976 shares of common stock – held in escrow |  |  | 12,775,525 |  |  |  | — |  |  |  | 12,775,525 |
Total Consideration |  | $ | 21,183,351 |  |  |  | — |  |  | $ | 21,183,351 |
Schedule of ATL Purchase Price Allocation |
Purchase Price Allocation |  | Preliminary Allocation at Acquisition Date |  |  | Adjustments to Fair Value |  |  | Final Allocation at Acquisition Date |
Strategic Contract |  | $ | 7,457,970 |  |  | $ | 2,342,000 |  |  | $ | 9,799,970 |
Goodwill |  |  | 14,205,245 |  |  |  | (1,264,167 | ) |  |  | 12,941,078 |
Other Assets and Liabilities assumed, net |  |  | (479,864 | ) |  |  | (1,077,833 | ) |  |  | (1,557,697 | )
Total |  | $ | 21,183,351 |  |  | $ | — |  |  | $ | 21,183,351 |
Schedule Unaudited Pro Forma Information Assuming Acquisitions | The following is the unaudited pro forma information for continuing operations assuming the acquisition of WAHA & SPRE occurred on October 1, 2020:
|  | For the Year Ended |
|  | September 30, 2022 |  |  | September 30, 2021 |
Net sales from continuing operations |  | $ | 161,090,831 |  |  | $ | 55,571,697 |
Loss from continuing operations |  | $ | (34,488,387 | ) |  | $ | (5,457,907 | )
Loss from continuing operations per common share - basic |  | $ | (0.81 | ) |  | $ | (0.19 | )
Weighted average common shares outstanding – basic |  |  | 42,614,197 |  |  |  | 29,441,364 |
Loss from continuing operations per common share - diluted |  | $ | (0.81 | ) |  | $ | (0.19 | )
Weighted average common shares outstanding – diluted |  |  | 42,614,197 |  |  |  | 29,441,364 |

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