Fair Value of Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Summary of Financial Instruments at Fair Value on Recurring Basis

The Company has certain financial instruments that must be measured under the new fair value standard. The following schedule summarizes the valuation of financial instruments at fair value on a recurring basis in the balance sheets as of March 31, 2024 and September 30, 2023, respectively:

	Fair Value Measurements at March 31, 2024
	Level 1		Level 2		Level 3
Assets
Cash	$	1,063,401	$	-	$	-
Liabilities
Convertible notes payable, net of discounts of $0		-		-		1,078,235

	Fair Value Measurements at September 30, 2023
	Level 1		Level 2		Level 3
Assets
Cash	$	271,006	$	-	$	-
Liabilities
Notes payable		-		565,000		-
Convertible notes payable, net of discounts of $43,051		-		-		1,725,184