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Accrued Expenses
 12 Months Ended
Sep. 30, 2022
Accrued Expenses and Other Liabilities [Abstract]  
Accrued Expenses

NOTE 6 - Accrued Expenses

 

Accrued expenses consisted of the following:

 

   As of
September 30,		 
   2022   2021 
Accrued payroll  $521,368   $376,236 
Operating lease liability, short term   83,339    112,778 
Royalty Fees   111,132    72,083 
Other   —    83,152 
Total  $715,839   $644,249 

 

The “other” category is primarily comprised of board fees.

 

Paycheck Protection Program

 

The CARES Act, signed into law in March 2020, established the Paycheck Protection Program (“PPP”). The PPP authorizes over $600 billion in forgivable loans to small businesses. Loan amounts may be forgiven to the extent proceeds are used to cover documented payroll, mortgage interest, rent, and utility costs over a 24-week measurement period following loan funding. Loans have a maturity of 2 years and an interest rate of 1%. Prepayments may be made without penalty. In April 2020, the Company received loan funding of $83,333 under the PPP and was recorded as a long-term liability. The PPP loan was forgiven on June 9, 2021 by the U.S. Small Business Administration and was reflected as other income in the accompanying statements of operations. Interest was nominal during the year ended September 30, 2021.