v3.25.4
Common Stock Options (Tables)
12 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Common Stock Options Outstanding

The following is a summary of information about the stock options outstanding at September 30, 2025.

 

Shares Underlying   Shares Underlying 
Options Outstanding   Options Exercisable 
        Weighted            
    Shares   Average  Weighted   Shares   Weighted 
Range of   Underlying   Remaining  Average   Underlying   Average 
Exercise   Options   Contractual  Exercise   Options   Exercise 
Prices   Outstanding   Life  Price   Exercisable   Price 
$0.0056 – $0.13    13,920,000   2.08 years  $0.062    9,920,000   $0.047 
Schedule of Weighted-Average Assumptions Used for Grants

The fair value of each option grant is estimated on the date of grant using the Black-Scholes Option Pricing Model with the following weighted-average assumptions used for grants under the fixed option plan:

 

   September 30,   September 30, 
   2025   2024 
         
Average risk-free interest rates   4.33%   -%
Average expected life (in years)   1    - 
Volatility   187.28%   -%
Schedule of Activity of Outstanding Common Stock Options

The following is a summary of activity of outstanding common stock options: 

 

   Number   Weighted Average 
   of Shares   Exercise Price 
Balance, September 30, 2023   8,120,000   $0.052 
Options issued   -    - 
Options repurchased/expired   -    - 
           
Balance, September 30, 2024   8,120,000   $0.052 
Options issued   6,000,000    0.077 
Options forfeited   (200,000)   0.10 
           
Balance, September 30, 2025   13,920,000   $0.062 
           
Exercisable, September 30, 2025   9,920,000   $0.047