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BALANCE SHEET DETAILS - Schedule of Accounts Payable and Accrued Liabilities (Details) - USD ($)
Sep. 30, 2024
Sep. 30, 2023
Schedule Of Accounts Payable And Accrued Liabilities Abstract    
Accrued liabilities $ 34,477 $ 11,154
Interest payable 650,303 289,101
Provision for guaranteed commitment fees [1] 1,301,553 1,042,500
Accrued payroll 202,710 3,875
Deferred compensation 765,231 571,763
License Fees Payable 40,402 40,402
Insurance finance liability 26,332 23,772
Stock payable liability [2] 3,291 0
Accrued expenses and accrued other current liabilities $ 3,024,299 $ 1,982,567
[1] Under the terms of the August 2021 Note, the February 2022 Note, the May 2022 Note, the February 2023 Letter Agreement and the June 19, 2023, Letter Agreement, the Company issued a total of 2,825,000 shares of common stock or pre-funded warrants as commitment fees. If the lender is unable to sell the shares for at least $1,325,000, it may make a one-time claim for each note to be reimbursed for the difference between their sale proceeds and $1,325,000. The difference between the fair value of the 2,825,000 shares as on September 30, 2024, and the guaranteed sale amount was recorded as a provision for guaranteed commitment fees and included in the table above. The change in the in the provision for guaranteed commitment fees for the year ended September 30, 2024 of $259,053 was recorded in other income/(expenses) as commitment fee guarantee.
[2] The Company had earned common stock shares that had not been issued as of September 30, 2024, due to reserved shares of debt holders that reached total authorized shares. The unissued shares are remeasured at mark-to-market at the end of the period.