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LOSS PER COMMON SHARE | 9 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
LOSS PER COMMON SHARE | NOTE 5 – LOSS PER COMMON SHARE Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income per common share is computed by dividing net income by the weighted average number of shares of common stock and potentially dilutive outstanding shares of common stock during the period to reflect the potential dilution that could occur from common shares issuable through contingent share arrangements, stock options and warrants. For the three and nine months ended June 30, 2024, and 2023, the following items were excluded from the computation of diluted net loss per common share as their effect is anti-dilutive: SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER COMMON SHARE AS ANTI-DILUTIVE EFFECT
|  | For the three months ended |  |  | For the six months ended |
|  | June 30, |  |  | June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Options |  |  | 28,796 |  |  |  | 28,796 |  |  |  | 28,796 |  |  |  | 28,796 |
Warrants |  |  | 13,529,410 |  |  |  | - |  |  |  | 13,529,410 |  |  |  | - |
Anti-dilutive shares |  |  | 13,529,410 |  |  |  | - |  |  |  | 13,529,410 |  |  |  | - |
For the three and nine months ended June 30, 2024 and 2023, loss per share basic and diluted for continuing operations are calculated as follows: SCHEDULE OF LOSS PER SHARE BASIC AND DILUTED FOR CONTINUING OPERATIONS
|  | For the three months |  |  | For the nine months |
|  | June 30, |  |  | June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Loss from Continuing operations |  | $ | (9,149,303 | ) |  | $ | (1,185,400 | ) |  | $ | (12,043,882 | ) |  | $ | (4,835,914 | )
Less (loss)/gain in noncontrolling interest |  |  | (158,293 | ) |  |  | (25,595 | ) |  |  | (351,212 | ) |  |  | (29,493 | )
Preferred stock dividends |  |  | 52,515 |  |  |  | 58,720 |  |  |  | 52,515 |  |  |  | 58,720 |
Net loss applicable to common shareholders |  |  | (9,043,525 | ) |  |  | (1,218,525 | ) |  |  | (11,745,185 | ) |  |  | (4,865,141 | )
Weighted Average Number of Shares-Basic & Diluted |  |  | 31,346,628 |  |  |  | 897,897 |  |  |  | 11,044,569 |  |  |  | 824,689 |
Loss per share - Basic & Diluted - Continuing Operations |  | $ | (0.29 | ) |  | $ | (1.36 | ) |  | $ | (1.06 | ) |  | $ | (5.90 | )
In accordance with ASC 260-45-13, the common shares underlying the Series A Warrants under the alternative cashless exercise have been included in the calculation of the weighted average shares.

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