Annual report pursuant to Section 13 and 15(d)

Note 5 - Derivative Liabilities (Tables)

v3.24.0.1
Note 5 - Derivative Liabilities (Tables)
12 Months Ended
Sep. 30, 2023
Notes Tables  
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
   

Series G

   

Series H

    Total  

Beginning balance at September 30, 2022

  $ 748,275     $ 459,200     $ 1,207,475  

Exchange of warrants into common stock

    (13,947

)

    (35,330 )     (49,277 )

Extinguishment of derivative liabilities

    (734,328

)

    (423,870 )     (1,158,197 )

Ending balance at September 30, 2023

  $     $     $  
   

Series F

   

Series G

   

Series H

 

Beginning balance at September 30, 2021

  $ 1,000,000     $ 748,275     $ 459,200  

Expiration of derivative liability

    (1,000,000

)

         

 

Ending balance at September 30, 2022

  $     $ 748,275     $ 459,200  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   

Series G

   

Series H

   

Series G

   

Series H

 

Date of valuation

 

March 10, 2023

   

September 30, 2022

 

Closing price per share of Common Stock

  $ 4.10     $ 4.10     $ 3.84     $ 3.84  

Exercise price per share

  $ 140.00     $ 80.00     $ 140.00     $ 80.00  

Expected volatility

    179.41 %     141.03 %     132.97 %     122.50 %

Risk-free interest rate

    4.91 %     4.75 %     4.05 %     4.14 %

Dividend yield

                       

Remaining expected term of underlying securities (years)

    0.24       1.31       0.69       1.57