v3.25.4
WARRANTS (Tables)
 12 Months Ended
Sep. 30, 2024
Warrant [Member]  
WARRANTS (Tables) [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] The difference between the fair value of the warrants immediately prior to modification of terms and immediately after the adjustment was calculated as $44,241, using a Black Scholes model based on the following significant inputs: On February 9, 2023
Common stock price   $0.165
Risk free interest rate   Between 3.8% and 3.7%
Stock volatility factor   Between 156% and 159%
Years to Maturity   Between 3.2 and 4.1 years
Expected dividend yield   None

The Company valued the impact of the two-year extension of the term on all of the above warrants using the Black-Scholes model based on the following significant inputs and recorded an expense of $29,000.

 

    5 Year   7 Year
Common stock price   $0.02   $0.02
Risk free interest rate   Between 3.8% and 4.0%   Between 3.8% and 3.9%
Stock volatility factor   Between 147% and 158%   Between 143% and 152%
Years to Maturity   Between 2.6 and 4.6 years   Between 4.6 and 6.6 years
Expected dividend yield   None   None
The fair value of this warrant was recorded as warrant expense of $64,665, based on a Black Scholes model based on the following significant inputs:
Common stock price   $0.0065
Risk free interest rate   4.3%
Stock volatility factor   157%
Years to Maturity   5 years
Expected dividend yield   None
Common stock price   $0.01
Risk free interest rate   3.6%
Stock volatility factor   264%
Years to Maturity   7 years
Expected dividend yield   None
Risk free interest rate   Between 3.6% and 3.7%
Stock volatility factor   Between 153% and 170%
Years to Maturity   Between 3.9 and 7.0 years
Expected dividend yield   None