LOSS PER SHARE

6 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

LOSS PER SHARE

10. LOSS PER SHARE

The calculation of basic and diluted loss per share for the three and six-month periods ended March 31, 2025 and 2024 was based on the net losses attributable to common shareholders. The following table sets forth the computation of basic and diluted loss per share:

	Three Months Ended March 31, 2025			Three Months Ended March 31, 2024			Six Months Ended March 31, 2025			Six Months Ended March 31, 2024
Net loss	$	(1,313,137	)	$	(415,355	)	$	(3,141,858	)	$	(1,167,236	)
Weighted average common shares outstanding		551,503			551,503			551,503			551,503
Basic and diluted loss per share	$	(2.38	)	$	(0.75	)	$	(5.70	)	$	(2.12	)

For the three and six months ended March 31, 2025, 69,167 stock options and 2,511,904 warrants were excluded from the diluted weighted average number of common shares calculation as their effect would have been anti-dilutive. For the three and six months ended March 31, 2024, 16,980 stock options and 275,353 warrants were excluded from the diluted weighted average number of common shares calculation as their effect would have been anti-dilutive.