DERIVATIVE LIABILITIES (Tables)

9 Months Ended

Jun. 30, 2021


Fair Value Measurements Using Significant Unobservable Inputs - June 30, 2021
(Level 3)	Series F		Series G		Series H
Beginning balance at September 30, 2020	$	1,000,000	$	748,275	$	568,144

Issuances		—		—		—

Adjustments to estimated fair value		—		—		(108,944)

Ending balance at June 30, 2021	$	1,000,000	$	748,275	$	459,200


Fair Value Measurements Using Significant Unobservable Inputs - September 30, 2020
(Level 3)	Series F		Series G		Series H
Beginning balance at September 30, 2019	$	1,000,000	$	748,275	$	1,247,415

Issuances		—		—		—

Adjustments to estimated fair value		—		—		(679,271)

Ending balance at September 30, 2020	$	1,000,000	$	748,275	$	568,144

The derivative liabilities were valued as of June 30, 2021 using the Black Scholes Model with the following assumptions:


	Series F			Series G			Series H
Closing price per share of common stock	$	0.095		$	0.095		$	0.095
Exercise price per share	$	0.75		$	0.70		$	0.40
Expected volatility		75.98	%		82.22	%		77.58	%
Risk-free interest rate		0.06	%		0.25	%		0.46	%
Dividend yield		—			—			—
Remaining expected term of underlying securities (years)		0.59			1.96			2.84

The derivative liabilities were valued as of September 30, 2020 using the Black Scholes Model with the following assumptions:


	Series F			Series G			Series H
Closing price per share of common stock	$	0.17		$	0.17		$	0.17
Exercise price per share	$	0.75		$	0.70		$	0.40
Expected volatility		84.17	%		83.31	%		82.24	%
Risk-free interest rate		0.13	%		0.15	%		0.22	%
Dividend yield		—			—			—
Remaining expected term of underlying securities (years)		1.35			2.71			3.60