v3.25.3
INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of tax provision
          
   Fiscal 2025   Fiscal 2024 
Current:          
Federal  $–   $– 
State   20,000    23,000 
Foreign   –    – 
           
Deferred:          
Federal   (34,854,000)   (141,000)
State   (6,819,000)   (71,000)
Foreign   337,000    (16,000)
Deferred income tax expense (benefit)   (41,316,000)   (205,000)
Change in valuation allowance   41,336,000    228,000 
Income tax provision  $20,000   $23,000 
Schedule of deferred tax assets and liabilities
          
   September 30, 
   2025   2024 
Deferred tax assets          
Net operating losses  $4,026,000   $3,586,000 
Share-based compensation   976,000    269,000 
Reserves and other allowances   386,000    388,000 
Lease liability   638,000    702,000 
Accrued compensation   61,000    32,000 
Intangible assets   117,000    – 
Accrued related party interest   –    5,000 
Unrealized gains/losses   40,092,000    – 
Charitable contributions   1,000    1,000 
Interest expense limitation   66,000    82,000 
Total deferred tax assets   46,363,000    5,065,000 
           
Deferred tax liabilities          
Depreciation   (5,000)   (11,000)
Prepaid expenses   (137,000)   (41,000)
Intangible assets   –    (64,000)
Operating lease right-of-use assets   (578,000)   (642,000)
Total deferred tax liabilities   (720,000)   (758,000)
Valuation allowance   (45,643,000)   (4,307,000)
Net deferred tax assets  $–   $– 
Schedule of reconciliation of effective tax rate
          
   Fiscal 2025   Fiscal 2024 
U.S. federal statutory rate   21.0%    21.0% 
State tax rate, net of federal benefit   4.0%    2.1% 
Foreign rate differential   0.0%    0.7% 
Tax return to provision adjustments   (0.1%)   (14.3%)
Effect of state tax rate change   0.1%    1.9% 
Change in valuation allowance   (24.8%)   (12.6%)
Permanent differences   (0.2%)   (0.1%)
           
Effective tax rate   0.0%    (1.3%)