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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
SCHEDULE OF PROPERTY PLANT AND EQUIPMENT

 

    Estimated Useful Life
    (Years)
Building   30
Furniture and office equipment   3-5
Computer software   7-10
Machinery and equipment   7
SCHEDULE OF DISAGGREGATION OF THE COMPANY REVENUE RECOGNITION

 

   For the years ended 
   September 30, 2024   September 30, 2023 
Over time   57%   48%
Point-in-time   43%   52%
SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER COMMON SHARE AS ANTI-DILUTIVE EFFECT

 

   For the years ended 
   September 30, 
   2024   2023 
         
Options   18    18 
Warrants   13,529,410    - 
SCHEDULE OF LOSS PER SHARE BASIC AND DILUTED FOR CONTINUING OPERATIONS

For the years ended September 30, 2024, and 2023 loss per share basic and diluted for continuing operations are calculated as follows.

 

   2024   2023 
   For the years ended 
   September 30, 
   2024   2023 
Loss from Continuing operations  $(7,678,629)  $(6,395,385)
Less (loss)/gain in noncontrolling interest   (406,014)   (36,563)
Preferred stock dividends   67,788    166,084 
Net loss applicable to common shareholders   (7,340,403)   (6,524,906)
Weighted Average Number of Shares-Basic & Diluted   408,602    414 
Loss per share - Basic & Diluted - Continuing Operations  $(17.96)  $(15,760.64)
SCHEDULE OF FOREIGN CURRENCY EXCHANGE RATE

As of and for the year ended September 30, 2024, and 2023, the Company used the following exchange rates.

 

       Approximate weighted       Approximate weighted 
       average exchange rate       average exchange rate 
   Exchange rate at   For the three months ended   Exchange rate at   For the year ended 
Currency  September 30, 2024   September 30, 2024   September 30, 2023   September 30, 2023 
Indian Rupee   0.012    0.012    0.012    0.012 
Great Britain Pound   1.339    1.268    1.220    1.226 
SCHEDULE OF RECLASSIFICATIONS

 

   September 30, 2023 
CONSOLIDATED BALANCE SHEETS  As previously reported   Reclassification   As revised 
Short-term investments  $13,663   $(13,663)  $- 
Prepaid expenses and other current assets  $2,098,359   $13,663   $2,112,022 

 

   For the year ended September 30, 2023 
CONSOLIDATED STATEMENTS OF CASH FLOWS  As previously reported   Reclassification   As revised 
Gain/(loss) on marketible securities  $58   $(58)  $- 
Prepaid expenses and other current assets  $(458,534)  $58   $(458,476)
Payments on bank loans  $(488,689)  $488,689   $- 
Payments on debt  $(1,044,370)  $(488,689)  $(1,533,059)
SCHEDULE OF ERROR CORRECTIONS AND PRIOR PERIOD ADJUSTMENTS

The effects of the correction to the individual effected line items in our Consolidated Statement of Cash Flows are as follows.

 

   For the year ended September 30, 2023 
   As previously reported   Corrections   As corrected 
             
Non-cash royalty income  $-   $(44,272)  $(44,272)
Trade receivables - related party  $(1,143,342)  $44,272   $(1,099,070)
Shares issued to pay for services  $-   $215,800   $215,800 
Accounts payable  $3,361,269   $(215,800)  $3,145,469 
SCHEDULE OF EFFECT IMPLEMENTATION ON CONDENSED CONSOLIDATED BALANCE SHEET

The following table illustrates the effect of implementation of Update 2016-13 on the current expected credit losses for the following line items on the consolidated balance sheet.

 

Assets: 

October 1, 2023 As reported under

ASC 326

   September 30, 2023 Pre-ASC 326 Adoption   Impact of ASC 326 Adoption 
Trade receivables, net  $234,924   $234,924   $- 
Contract assets, net  $8,696   $-   $8,696 
Royalties receivable, net - related party  $10,000   $-   $10,000 
Note receivable, net - related party  $44,761   $44,761   $- 
SCHEDULE OF EXPECTED CREDIT LOSSES ACTIVITY

The following table illustrates the current expected credit losses activity for the nine months ended September 30, 2024.

 

   October 1, 2023   September 30, 2024   September 30, 2024 
   As of   For the year ended   As of 
   October 1, 2023   September 30, 2024   September 30, 2024 
Assets:               
Trade receivables, net  $234,924   $(79,006)  $155,918 
Trade receivables, net - related party  $-   $-   $- 
Contract assets, net  $8,696   $7,289   $15,985 
Royalties receivable, net - related party  $10,000   $-   $10,000 
Note receivable, net - related party  $44,761   $(44,761)  $-