Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Current Period Unaudited)

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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2023
Sep. 30, 2022
Current assets:    
Cash $ 29,495 $ 746,940
Inventory 1,402,384 1,414,848
Prepaid expenses and other current assets 156,349 436,407
Total current assets 1,588,228 2,598,195
Long-term assets:    
Property and equipment, net 1,001 2,044
Other assets 3,500 3,500
Total long-term assets 4,501 5,544
Total assets 1,592,729 2,603,739
Current liabilities:    
Accounts payable 2,425,894 1,328,000
Shareholder advances 230,000 0
Accrued expenses and other liabilities 205,792 318,505
Current Portion of Accrued Interest 645,712 127,781
Current portion of derivative liability 0 748,275
Total current liabilities 7,978,817 3,320,494
Long-term liabilities:    
Accrued interest 0 204,575
Derivative liability 0 459,200
Total long-term liabilities 0 3,476,048
Total liabilities 7,978,817 6,796,542
Commitments and Contingencies  
Stockholders’ deficit:    
Common stock, $0.001 par value, 12,000,000 and 4,000,000 shares authorized as of March 31, 2023 and September 30, 2022, 1,274,605 and 1,252,665 shares issued as of March 31, 2023 and September 30, 2022 and 1,274,605 and 1,249,432 shares outstanding as of March 31, 2023 and September 30, 2022 1,275 1,252
Additional paid-in capital 51,387,943 50,878,718
Accumulated deficit (57,775,306) (55,072,773)
Total stockholders’ deficit (6,386,088) (4,192,803)
Total liabilities and stockholders’ deficit 1,592,729 2,603,739
Insurance Premium Financing [Member]    
Current liabilities:    
Insurance premium financing 35,419 247,933
Convertible Notes Payable Series One [Member]    
Current liabilities:    
Current Portion of Series 2 convertible note 550,000 550,000
Convertible Notes Payable Series Two [Member]    
Current liabilities:    
Current Portion of Series 2 convertible note 450,000  
Long-term liabilities:    
Series 2 convertible notes 0 450,000
Unsecured Convertible Notes [Member]    
Current liabilities:    
Current Portion of Series 2 convertible note 981,317 0
Long-term liabilities:    
Unsecured convertible notes 0 699,781
Senior Secured Convertible Notes [Member]    
Current liabilities:    
Current Portion of Series 2 convertible note 2,454,683 0
Long-term liabilities:    
Unsecured convertible notes $ 0 $ 1,662,492