EQUITY (Tables)

6 Months Ended

Mar. 31, 2025

EQUITY

Schedule of extension of warrants

Warrant No./Class	Issue Date	No. Warrant Shares	Exercise Price	Current Expiration Date	Amended Expiration Date
Clayton A. Struve Warrant	08-14-2017	36,000	$9.60	08-13-2025	08-13-2030
Clayton A. Struve Warrant	12-12-2017	30,000	$9.60	12-11-2025	12-11-2030
Clayton A. Struve Warrant	08-04-2016	44,643	$9.60	08-04-2025	08-04-2030
Clayton A. Struve Warrant	02-28-2018	33,600	$9.60	02-28-2025	02-28-2030

Schedule of Warrant activity

				Weighted
				Average
				Exercise
	Shares			Price
Outstanding October 1, 2024		1,233,547		$	26.58
Issued		34,688			9.60
Exercised		-			-
Forfeited		(1,188	)		(87.98	)
Expired		-			-
Outstanding at end of period		1,267,047		$	23.35

Schedule of Warrants outstanding and exercisable

 

	March 31, 2025
			Weighted		Weighted				Weighted
			Average		Average				Average
Range of	Number of		Remaining Life		Exercise Price		Shares		Exercise Price
Exercise Prices	Warrants		( In Years)		Outstanding		Exercisable		Exercisable
$9.60-11.60		989,561		4.25	$	10.10		989,561	$	10.10
$48.00-74.00		160,368		0.73		52.50		160,368		52.50
$80.00-120.00		117,118		1.08		95.38		117,118		95.38
		1,267,047		2.05	$	23.35		1,267,047	$	23.35

Schedule of weighted average assumptions

Assumptions
Dividend yield		0	%
Stock price	$	10.00
Exercise price	$	9.60
Expected life	3 years
Expected volatility		107	%
Risk free interest rate		4.26	%