XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.22.4

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2022
Income Tax Disclosure [Abstract] |
SCHEDULE OF (LOSS) INCOME BEFORE PROVISION FOR TAX | The following is a geographical breakdown of loss before the provision for income taxes: SCHEDULE OF (LOSS) INCOME BEFORE PROVISION FOR TAX
|  | Year ended September 30, |
|  | 2022 |  |  | 2021 |
Domestic |  | $ | (12,103,393 | ) |  | $ | 30,957 |
Foreign |  |  | (1,397,394 | ) |  |  | 738,255 |
Loss before provision for income taxes |  | $ | (13,500,787 | ) |  | $ | 769,212 |
SCHEDULE OF PROVISION FOR INCOME TAXES | The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES
|  | September 30, 2022 |  |  | September 30, 2021 |
Current (benefit)/provision |  |  |  |  |  |  |  |
Federal |  | $ | - |  |  | $ | - |
State |  |  | (208,545 | ) |  |  | 375,434 |
Foreign |  |  | - |  |  |  | - |
Total current (benefit)/provision |  |  | (208,545 | ) |  |  | 375,434 |
Deferred provision |  |  |  |  |  |  |  |
Federal |  |  | - |  |  |  | - |
State |  |  | - |  |  |  | - |
Foreign |  |  | - |  |  |  | - |
Total deferred provision |  | $ | - |  |  | $ | - |
Total (benefit)/provision for income taxes |  | $ | (208,545 | ) |  | $ | 375,434 |
Effective Income tax rate |  |  | 1.54 | % |  |  | 48.81 | %
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION | The following is a reconciliation of the effective income tax rate to the federal and state statutory rates: SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION
|  | For the Fiscal Year |  |  | For the Fiscal Year |
|  | Ended |  |  | Ended |
|  | September 30, 2022 |  |  | September 30, 2021 |
U.S. statutory rate |  |  | 21.00 | % |  |  | 21.00 | %
State taxes, net of federal |  |  | 1.22 | % |  |  | 6.50 | %
Foreign tax rate differential |  |  | -1.04 | % |  |  | 0.00 | %
Change in valuation allowance |  |  | -13.73 | % |  |  | 0.00 | %
Return to provision |  |  | 1.33 | % |  |  | 0.00 | %
Goodwill impairment |  |  | -5.16 | % |  |  | 0.00 | %
SEC settlement payment |  |  | -3.42 | % |  |  | 0.00 | %
PPP loan forgiveness |  |  | 1.51 | % |  |  | 0.00 | %
Permanent differences |  |  | -0.17 | % |  |  | 21.31 | %
Effective rate |  |  | 1.54 | % |  |  | 48.81 | %
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES | The components of our deferred tax assets and liabilities are summarized as follows: SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES
|  | September 30, 2022 |  |  | September 30, 2021 |
Deferred Tax Assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 18,563,887 |  |  | $ | 8,702,738 |
Inventory |  |  | 1,330,547 |  |  |  | 1,405,057 |
Allowance for bad debt |  |  | 8,304 |  |  |  | 35,345 |
Warrants (interest expense) |  |  | 2,975,593 |  |  |  | 1,155,642 |
Accruals |  |  | 289,426 |  |  |  | 280,447 |
Warranty Reserve |  |  | 27,764 |  |  |  | 28,002 |
Other |  |  | 5,847 |  |  |  | 4,358 |
Total gross deferred taxes |  |  | 23,201,368 |  |  |  | 11,611,589 |
Valuation allowance |  |  | (20,895,094 | ) |  |  | (9,491,650 | )
Net deferred tax assets |  |  | 2,306,274 |  |  |  | 2,119,939 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |
Inventory and other Reserves |  |  | (490,967 | ) |  |  | (638,230 | )
Prepaid expenses |  |  | (124,399 | ) |  |  | (87,934 | )
Goodwill amortization |  |  | (525,898 | ) |  |  | (557,074 | )
Depreciation |  |  | (1,165,010 | ) |  |  | (836,701 | )
Other |  |  | - |  |  |  | - |
Total deferred tax liabilities |  |  | (2,306,274 | ) |  |  | (2,119,939 | )
Total deferred tax assets (liabilities) |  | $ | - |  |  | $ | - |

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 https://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 https://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 https://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

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration