General form of registration statement for all companies including face-amount certificate companies

Note 7 - Derivative Liabilities (Tables)

v3.22.2.2
Note 7 - Derivative Liabilities (Tables)
12 Months Ended
Sep. 30, 2021
Notes Tables  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

 

   

   

 

Fair Value Measurements Using Significant Unobservable Inputs - September 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 September 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  
Schedule Of Assumptions Used To Value Derivative Liability [Table Text Block]
   

 

Series F

   

 

Series G

   

 

Series H

 

Closing price per share of Common Stock

  $ 0.12     $ 0.12     $ 0.12  

Exercise price per share

  $ 0.75     $ 0.7     $ 0.4  

Expected volatility

    90.28

%

    87.4

%

    86.59

%

Risk-free interest rate

    0.04

%

    0.19

%

    0.41

%

Dividend yield

                 

Remaining expected term of underlying securities (years)

    0.34       1.7       2.58  
   

 

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     $ 0.7     $ 0.4  

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       3.6