XML 81 R33.htm IDEA: XBRL DOCUMENT v3.25.3
INCOME TAXES (Tables)
12 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
SCHEDULE OF PROVISION FOR INCOME TAXES FROM CONTINUED OPERATIONS

The provision for income taxes from continued operations for the years ended September 30, 2025 and 2024 consist of the following:

 

(In thousands)  2025   2024 
   September 30, 
(In thousands)  2025   2024 
Current:          
Federal  $   $ 
State   14    5 
Total  $14   $5 
           
Deferred:          
Federal  $   $ 
State        
Total        
           
Provision for income taxes, net  $14   $5 
SCHEDULE OF FEDERAL STATUTORY CORPORATE TAX RATE AND ACTUAL INCOME TAX EXPENSE

The difference between income tax expense computed by applying the federal statutory corporate tax rate and actual income tax expense is as follows:

 

   September 30, 
   2025   2024 
Statutory federal income tax rate   21.00%   21.00%
Non-deductible meals & entertainment   (0.75)   (0.27)
Non-deductible contingent consideration        
Prior year adjustment   (0.16)   (12.88)
State tax   0.02   (26.91)
Loss of NOL due to statute   (13.22)   (36.65)
Change in valuation allowance   (8.57)   55.71 
           
Effective tax rate   (1.68)%   0.00%
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

 

Federal

 

   2025   2024 
   September 30, 
   2025   2024 
Net operating loss carry forward  $7,184   $7,190 
Intangible asset – not deductible for tax        
AIPR&D capitalization   247    188 
Other   39    34 
Deferred compensation   168    124 
Valuation allowance   (7,638)   (7,536)
Deferred income tax asset  $   $ 

 

State

 

   2025   2024 
   September 30, 
   2025   2024 
Net operating loss carry forward  $228   $230 
Intangible asset – not deductible for tax        
Other   105    90 
Valuation allowance   (333)   (320)
Deferred income tax asset  $   $