LOSS/EARNINGS PER SHARE

12 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

LOSS/EARNINGS PER SHARE

NOTE 11        LOSS/EARNINGS PER SHARE

Basic loss/earnings per share data for each period presented is computed using the weighted average number of shares of common stock outstanding during each such period and includes Pre-Funded Warrants (see Note 8) from their date of issuance. Diluted loss/earnings per share data is computed using the weighted average number of common and dilutive common equivalent shares outstanding during each period. Dilutive common equivalent shares consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method.

A reconciliation of basic and diluted earnings/loss per share is as follows: 

	For the Fiscal Years Ended
	September 30,
	2025			2024
Numerator:
Loss from continuing operations	$	(169,088,979	)	$	(2,166,179	)
Less deemed dividend on Series B Convertible Preferred Stock		(29,444	)		–
Loss from continuing operations attributable to common shareholders		(169,118,423	)		(2,166,179	)
Income from discontinued operations, net of tax		2,114,639			215,592
Net loss attributable to common shareholders	$	(167,003,784	)	$	(1,950,587	)
Denominator:
Weighted average common shares outstanding		6,791,173			1,101,069
Dilutive common share equivalents		–			–
Weighted average dilutive shares outstanding		6,791,173			1,101,069
Basic loss per share :
Basic loss per share from continuing operations	$	(24.90	)	$	(1.97	)
Basic earnings per share from discontinued operations		0.31			0.20
Basic loss per share attributable to common shareholders	$	(24.59	)	$	(1.77	)
Diluted loss per share:
Diluted loss per share from continuing operations	$	(24.90	)	$	(1.97	)
Diluted earnings per share from discontinued operations		0.31			0.20
Diluted loss per share attributable to common shareholders	$	(24.59	)	$	(1.77	)

The following options and warrants were excluded from the calculation of diluted earnings per share in Fiscal 2025 and Fiscal 2024 because their inclusion would have been anti-dilutive: 

	For the Fiscal Years Ended
	September 30,
	2025		2024
Options		326,600		81,400
Warrants		13,495,000		7,500
Total potentially dilutive shares		13,821,600		88,900