XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.21.2

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2021
Income Tax Disclosure [Abstract] |
Schedule of income tax provision |
Schedule of income tax provision |  |  |  |  |  |  |  |
|  | Fiscal 2021 |  |  | Fiscal 2020 |
Current: |  |  |  |  |  |  |  |
Federal |  | $ | – |  |  | $ | (4,000 | )
State |  |  | – |  |  |  | 13,000 |
Foreign |  |  | – |  |  |  | – |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | (506,000 | ) |  |  | 414,000 |
State |  |  | (47,000 | ) |  |  | 82,000 |
Foreign |  |  | (146,000 | ) |  |  | 283,000 |
Total deferred income tax expense |  |  | (699,000 | ) |  |  | 788,000 |
Change in valuation allowance |  |  | 699,000 |  |  |  | (779,000 | )
Income tax provision/(benefit) |  | $ | – |  |  | $ | 9,000 |
Schedule of deferred income taxes |
Schedule of deferred income taxes |  |  |  |  |  |  |  |
|  | September 30, |
|  | 2021 |  |  | 2020 |
Deferred tax assets |  |  |  |  |  |  |  |
Net operating losses |  | $ | 2,093,000 |  |  | $ | 1,812,000 |
Share-based compensation |  |  | 175,000 |  |  |  | 180,000 |
Excess tax over book basis in inventory |  |  | 43,000 |  |  |  | 20,000 |
Reserves and other allowances |  |  | 569,000 |  |  |  | 155,000 |
Accrued compensation |  |  | 15,000 |  |  |  | 70,000 |
Depreciation |  |  | – |  |  |  | 31,000 |
Interest expense limitation |  |  | 40,000 |  |  |  | – |
Other items |  |  | 16,000 |  |  |  | 21,000 |
Total deferred tax assets |  |  | 2,951,000 |  |  |  | 2,289,000 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Depreciation |  |  | (18,000 | ) |  |  | – |
Prepaid expenses |  |  | (131,000 | ) |  |  | (58,000 | )
Intangible assets |  |  | (216,000 | ) |  |  | (245,000 | )
481 Election (IPS) |  |  | – |  |  |  | (99,000 | )
Total deferred tax liabilities |  |  | (365,000 | ) |  |  | (402,000 | )
Valuation allowance |  |  | (2,586,000 | ) |  |  | (1,887,000 | )
Net deferred tax assets |  | $ | – |  |  | $ | – |
Reconciliation of effective tax rate |
Reconciliation of effective tax rate |  |  |  |  |  |  |  |
|  | Fiscal 2021 |  |  | Fiscal 2020 |
U.S. federal statutory rate |  |  | 21.0% |  |  |  | 21.0% |
State tax rate, net of federal benefit |  |  | (8.3% | ) |  |  | (1.9% | )
Foreign rate differential |  |  | (2.6% | ) |  |  | (14.9% | )
Tax return to provision adjustments |  |  | (78.8% | ) |  |  | (12.7% | )
Effect of state tax rate change |  |  | (7.8% | ) |  |  | 1.5% |
Change in valuation allowance |  |  | 129.9% |  |  |  | 41.1% |
State income taxes |  |  | 0.0% |  |  |  | (0.7% | )
Permanent differences |  |  | (53.4% | ) |  |  | (33.9% | )
Effective tax rate |  |  | 0.0% |  |  |  | (0.5% | )

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration