Consolidated Statements of Cash Flows (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|---|
Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
Sep. 30, 2021 |
Sep. 30, 2020 |
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| Cash flows from operating activities: | ||||||
| Net loss | $ (1,046,830) | $ (1,529,905) | $ (3,387,295) | $ (4,475,305) | $ (6,240,482) | $ (4,691,377) |
| Adjustments to reconcile net loss to cash used in operating activities: | ||||||
| Depreciation | 799 | 799 | 2,397 | 1,788 | 2,587 | 6,926 |
| Stock-based compensation | 397,470 | 372,196 | 496,066 | 898,293 | ||
| Decrease to fair value of derivative liability | 0 | 0 | (1,000,000) | (108,944) | ||
| Inventory obsolescence charge | 248,073 | 181,988 | 181,988 | 60,385 | ||
| Gain on forgiveness of loan | 0 | (178,229) | (178,229) | 0 | ||
| Changes in operating assets and liabilities: | ||||||
| Inventory | (582,572) | (42,215) | (307,760) | (681,731) | ||
| Prepaid expenses and other current assets | 223,854 | (163,135) | (91,668) | 147,032 | ||
| Accounts payable | 1,288,130 | (64,853) | 66,033 | (191,505) | ||
| Accrued interest | 119,671 | 110,956 | 151,285 | 0 | ||
| Accrued expenses and other liabilities | (96,370) | (80,324) | 70,496 | 86,493 | ||
| Net cash used in operating activities | (2,786,642) | (4,446,077) | (5,958,628) | (5,044,755) | ||
| Cash flows from investing activities: | ||||||
| Purchases of property and equipment | 0 | (3,275) | (3,275) | (2,455) | ||
| Net cash used in investing activities | 0 | (3,275) | (3,275) | (2,455) | ||
| Cash flows from financing activities: | ||||||
| Proceeds received from advances from investors | 575,000 | 0 | ||||
| Proceeds received from series 2 convertible notes | 0 | 1,050,000 | 1,050,000 | 550,000 | ||
| Proceeds from issuance common stock and warrants, net of financing costs | 0 | 6,219,233 | 6,219,233 | 2,167,162 | ||
| Net cash provided by financing activities | 575,000 | 7,269,233 | 7,269,233 | 3,826,190 | ||
| Net increase (decrease) in cash | (2,211,642) | 2,819,881 | ||||
| Cash, beginning of period | 2,266,639 | 959,309 | 959,309 | |||
| Cash, end of period | $ 54,977 | $ 3,779,190 | 54,977 | 3,779,190 | 2,266,639 | 959,309 |
| Non-cash financing activities: | ||||||
| Issuance of restricted stock for services | $ 29,831 | $ 103,750 | $ 103,750 | $ 93,500 | ||
| X | ||||||||||
- Definition Amount of gain (loss) on forgiveness of debt. No definition available.
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| X | ||||||||||
- Definition Represents issuance of restricted stock for services. No definition available.
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| X | ||||||||||
- Definition The cash inflow from issuance of common stock and warrants. No definition available.
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| X | ||||||||||
- Definition Amount of cash inflow for advances from investors. No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of increase (decrease) in accrued expenses, and obligations classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of increase (decrease) in prepaid expenses, and assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of loss from reductions in inventory due to subsequent measurement adjustments, including, but not limited to, physical deterioration, obsolescence, or changes in price levels. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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