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Loans Payable – Related Parties (Tables)
12 Months Ended
Sep. 30, 2024
Loans Payable – Related Parties [Abstract]  
Schedule of Loans Payable – Related Parties The Company’s loans payable – related parties consisted of the following:
   September 30,   September 30, 
   2024   2023 
July 2023 Loan  $
-
   $75,619 
August 2023 Loan   26,442    75,000 
September 2023 Loan   
-
    270,000 
Shareholder 2024 Loans   1,353,639    
-
 
March 2024 Loan   291,305    
-
 
March 2024 Facility   429,131    
-
 
July 2024 Loan   1,213,348    
-
 
Total   3,313,865   $420,619 
Less: loans payable – related parties, current portion   (2,347,809)   
-
 
Loans payable – related parties, net of current portion  $966,056   $420,619 
Schedule of Promissory Notes During the year ended September 30, 2024, the Company issued promissory notes in the aggregate principal of $1,105,639 and $248,000 to a shareholder and to an entity managed by that shareholder, respectively, (collectively, the “Shareholder 2024 Loans”), in consideration of cash proceeds in the same amount in the following tranches:
October 2023  $199,000 
December 2023   424,000 
January 2024   25,000 
February 2024   188,000 
March 2024   80,000 
April 2024   31,000 
May 2024   100,000 
June 2024   120,500 
July 2024   59,000 
August 2024   58,000 
September 2024   69,139 
Total  $1,353,639 

 

Schedule of Loans Payable - Related Parties Mature The loans payable – related parties mature as follows:
For the Year Ending September 30:    
2025  $2,347,809 
2026   966,056 
   $3,313,865