Nature of Business and Significant Accounting Policies (Tables)

6 Months Ended

Mar. 31, 2024

Accounting Policies [Abstract]

Schedule of Entities Under Common Control and Ownership

The accompanying consolidated financial statements include the accounts of the following entities, all of which were under common control and ownership at March 31, 2024:

	Jurisdiction of
Name of Entity	Incorporation	Relationship
Hypha Labs, Inc.(formerly Digipath, Inc.)(1)	Nevada	Parent
Digipath Labs, Inc.	Nevada	Subsidiary
Digipath Labs CA, Inc. (2)	California	Subsidiary
Digipath Labs S.A.S.(3)	Colombia	Subsidiary
VSSL Enterprises, Ltd.(4)	Canada	Subsidiary

(1)	Holding company, which owns each of the wholly-owned subsidiaries. All subsidiaries shown above are wholly-owned by Hypha Labs, Inc., the parent company.
(2)	Formed during the second fiscal quarter of 2021, but has not yet commenced significant operations.
(3)	Formed during the first fiscal quarter of 2019, but has not yet commenced significant operations.
(4)	Acquired on March 11, 2020.

Schedule of Effect of Potential Dilutive Issuances

The following table presents the effect of potential dilutive issuances for the three and six months ended March 31, 2024 and 2023:

	Three Months Ended						Six Months Ended
	March 31, 2024			March 31, 2023			March 31, 2024			March 31, 2023
Net income (loss) attributable to common stockholders	$	(56,708	)	$	(121,821	)	$	(197,689	)	$	(360,694	)
Interest expense associated with convertible debt		-			-			-			-
Net income (loss) for dilutive calculation	$	(56,708	)	$	(121,821	)		(197,689	)		(360,694	)
Weighted average shares outstanding		92,083,084			82,296,820			89,576,328			82,257,534
Dilutive effect of preferred stock		-			-			-			-
Dilutive effect of convertible debt		-			-			-			-
Dilutive effect of common stock warrants		-			-			-			-
Weighted average shares outstanding for diluted net income (loss) per share		92,083,084			82,296,820			89,576,328			82,257,534