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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUE        
Total Revenue $ 1,347,172 $ 1,676,659 $ 4,518,407 $ 5,066,332
Affiliate expense (158,291) 0 (237,857) 0
GROSS PROFIT 1,188,881 1,676,659 4,280,550 5,066,332
OPERATING EXPENSES        
Cost of services 9,533 29,166 302,981 87,396
Professional services 108,468 123,077 328,852 352,881
Depreciation and amortization 21,724 21,594 65,171 89,098
General and administrative 122,081 342,024 389,200 896,439
Marketing 23,188 23,249 91,029 56,029
Compensation 1,195,671 1,535,930 3,865,677 4,271,396
TOTAL OPERATING EXPENSES 1,480,665 2,075,040 5,042,910 5,753,239
LOSS FROM OPERATIONS (291,784) (398,381) (762,360) (686,907)
OTHER INCOME (EXPENSE)        
Forgiveness of PPP Loan 339,070 661,045 339,070 661,045
Loss on impairment of Goodwill 0 (7,380,603) 0 (7,380,603)
Interest expense (290) (1,538) (2,450) (3,808)
TOTAL OTHER INCOME (EXPENSE), NET 338,780 (6,721,096) 336,620 (6,723,366)
INCOME (LOSS) BEFORE INCOME TAXES 46,996 (7,119,477) (425,740) (7,410,273)
PROVISION FOR INCOME TAXES 7,634 4,033
NET INCOME (LOSS) $ 46,996 $ (7,111,843) $ (425,740) $ (7,406,240)
BASIC NET INCOME (LOSS) PER SHARE $ 0.00 $ 0.00 $ 0.00 $ 0.00
Broker Dealer Income [Member]        
REVENUE        
Total Revenue $ 5,500 $ 244,470 $ 98,544 $ 767,284
Investment Mgmt Fees [Member]        
REVENUE        
Total Revenue 715,365 1,068,885 2,307,980 2,901,543
Service Income [Member]        
REVENUE        
Total Revenue $ 626,307 $ 363,304 $ 2,111,883 $ 1,397,505