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SEGMENTS AND CONCENTRATIONS (Tables)
12 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of segment performance
          
   Design Segment 
   Fiscal 2025   Fiscal 2024 
Revenues  $13,606,000   $19,991,000 
Cost of revenues   12,708,000    14,691,000 
Depreciation expense (a)   119,000    116,000 
Gross profit   779,000    5,184,000 
Sales and marketing personnel costs   356,000    541,000 
Sales promotion and marketing expenses   139,000    218,000 
General and administrative personnel costs   1,872,000    2,627,000 
Occupancy costs   668,000    662,000 
Amortization expense (a)   213,000    213,000 
Impairment of goodwill and intangible assets   2,026,000    200,000 
Interest income   (37,000)   (79,000)
Other segment expenses (b)   701,000    698,000 
(Loss)/income from continuing operations before income taxes  $(5,159,000)  $104,000 

 

 

           
   Digital Assets Segment 
   Fiscal 2025   Fiscal 2024 
Revenues  $4,582,000   $ 
Cost of revenues   170,000     
Gross profit   4,412,000     
Asset management fees (a)   539,000     
Loss on change in fair value of digital assets   160,035,000     
Loss from continuing operations before income taxes  $(156,162,000)  $ 

 

(a) Depreciation expense, amortization expense and asset management fees are not regularly provided to the CODM, however they are components of loss from continuing operations before income taxes and identified as a "specific profit or loss" item and therefore disclosed separately in accordance with the related accounting guidance.
(b) Other segment expenses include insurance expense, bad debt expense, bank and payroll processing fees, and various other general and administrative expenses.

Schedule of reconciliation of segment loss
          
   Fiscal 2025   Fiscal 2024 
Design segment loss from continuing operations before income taxes  $(5,159,000)  $104,000 
Digital assets segment loss from continuing operations before income taxes   (156,162,000)    
Corporate and other non-segment expenses   (7,748,000)   (2,247,000)
Consolidated loss from continuing operations before income taxes  $(169,069,000)  $(2,143,000)
Schedule of segment assets
          
   Segment Assets at September 30, 
   2025   2024 
Design segment  $3,380,000   $5,820,000 
Digital assets segment   1,430,486,000     
Total segment assets   1,433,866,000    5,820,000 
General corporate assets   41,076,000    6,040,000 
Discontinued assets held for sale       2,908,000 
Total assets  $1,474,942,000   $14,768,000