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STOCK OPTIONS AND WARRANTS | 9 Months Ended
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Jun. 30, 2025
Share-Based Payment Arrangement [Abstract] |
STOCK OPTIONS AND WARRANTS | 9. STOCK OPTIONS AND WARRANTS Options During the nine months ended June 30, 2025, the Company granted no new stock options. During the nine months ended June 30, 2025, 20,430 stock options were forfeited or expired because of termination of employment, expiration of options and performance conditions not met. The following table summarizes stock option activity for the nine months ended June 30, 2025. SCHEDULE OF STOCK OPTION ACTIVITY
|  | Number of Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (years) |  |  | Aggregate Intrinsic Value |
Outstanding on September 30, 2024 |  |  | 20,430 |  |  | $ | 177.44 |  |  |  | 0.02 |  |  | $ | - |
Granted |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Exercised |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Expired |  |  | (20,430 | ) |  |  | 177.44 |  |  |  | 0.02 |  |  |  | - |
Forfeited |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Outstanding on June 30, 2025 |  |  | - |  |  |  | - |  |  |  | - |  |  | $ | - |
Exercisable on June 30, 2025 |  |  | - |  |  | $ | - |  |  |  | - |  |  | $ | - |
The Company is expensing these stock option awards on a straight-line basis over the requisite service period. The Company recognized stock option expense of $0 and $10,823 for nine months ended June 30 2025, and 2024, respectively. Unamortized option expense as of June 30, 2025, for all outstanding options amounted to $0. These costs are expected to be recognized over a weighted-average period of 0 year. Warrants On October 18, 2024, the holders of warrants issued by the Company exercised its cashless option to purchase an aggregate of 55,973 shares of the Company’s common stock pursuant to warrants issued by the Company. Such warrants were previously issued pursuant to the convertible note and warrant purchase agreement dated April 27, 2024, as disclosed in the current report of the Company on Form 8-K filed with the SEC on May 2, 2024. In connection with such cashless exercise, the Company will not receive any cash proceeds. The shares of common stock issuable upon exercise of such warrants were registered under the Form S-1 effective on July 1, 2024. On January 16, 2025, the Company issued the 13,679,486 warrants to purchase common stock at an exercise price of $0.39 a share. These warrants are expired on January 16, 2027. On January 17, 2025, the Company issued the 11,961,537 warrants to purchase common stock at an exercise price of $0.39 a share. These warrants are expired on January 17, 2027. The following table summarizes warrant activity for nine months ended June 30, 2025: SCHEDULE OF WARRANT ACTIVITY
|  | Number of Shares Issuable Upon Exercise of Warrants |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (years) |  |  | Aggregate Intrinsic Value |
Outstanding on September 30, 2024 |  |  | 214,850 |  |  | $ | 112.67 |  |  |  | 2.42 |  |  | $ | - |
Issued |  |  | 25,641,023 |  |  |  | 0.39 |  |  |  | - |  |  |  | - |
Exercised |  |  | 55,973 |  |  |  | 1.32 |  |  |  | - |  |  |  | - |
Expired |  |  | 1,150 |  |  |  | - |  |  |  | - |  |  |  | - |
Outstanding on June 30, 2025 |  |  | 25,798,750 |  |  | $ | 1.31 |  |  |  | 1.55 |  |  |  | - |
Exercisable on June 30, 2025 |  |  | 25,798,750 |  |  | $ | 1.31 |  |  |  | 1.55 |  |  | $ | - |

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