XML 62 R37.htm IDEA: XBRL DOCUMENT v3.21.4

INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2021

INCOME TAXES.

Summary of income tax NOL carryforwards

​

​	​	​	​
NOL Carryforward			​
​		2021
Federal		​
2034-2037	​	$	29,838,716
Indefinite	​	$	162,818,819
​	​	​	​
Total Federal	​	$	192,657,535
​	​	​	​
California	​
2034-2040	​	$	191,722,566
​	​	​	​
Total California	​	$	191,722,566

Summary of reconciliation of our effective tax rate to statutory federal tax rate

​

​	​	​	​	​	​	​
​		2021 - $			2021 - %	​
​	​	​	​	​	​	​
Income tax benefit at statutory rate	​	$	(9,247,200)		21.00	%
State income taxes	​		800		0.00	%
Permanent Differences	​		158,166		(0.36)	%
Valuation Allowance	​		9,091,163		(20.65)	%
Other	​		(2,129)		0.00	%
Total (benefit) provision for income taxes	​	$	800		0.00	%

Summary of significant component of net deferred tax assets

​

​	​	​	​	​	​	​
​		2021			2020
Deferred tax assets:		​			​
Net Operating loss carryforwards		​	38,676,405		​	31,413,378
Charitable Contributions		​	894		​	1,176
Accrued Expenses		​	315,555		​	104,164
Impairment Other		​	—		​	83,845
Other Assets		​	364,419		​	261,842
163(j) Limitation		​	14,491,332		​	4,178,291
​	​	​	​	​	​	​
Total gross deferred tax assets		​	53,848,604		​	36,042,696
​	​	​	​	​	​	​
Less valuation allowance		​	(53,416,875)		​	(35,747,087)
​	​	​	​	​	​	​
Total net deferred tax assets		​	431,729		​	295,609
​	​	​	​	​	​	​
Deferred tax liabilities:		​			​
​	​	​	​	​	​	​
Intangibles		​	(146,639)		​	(157,641)
Fixed Assets		​	(284,922)		​	(137,632)
Other		​	(168)		​	(336)
​	​	​	​	​	​	​
Total deferred tax liabilities		​	(431,729)		​	(295,609)
​	​	​	​	​	​	​
Net deferred tax assets	​	$	0	​	$	—

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 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 http://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 http://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 pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32559-109319

+ Details

Name:	us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration