v3.25.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net loss from continuing operations $ (1,981,463) $ (197,689)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 3,247
Gain on sale of subsidiary net assets   (1,596,505)
Loss on debt extinguishment 956,494
Stock-based compensation 1,424,419 349,484
Amortization of debt discounts 43,050
Amortization of right-of-use asset 12,092
Decrease (increase) in assets:    
Other current assets 245,586 (3,030)
Increase (decrease) in liabilities:    
Accounts payable 244,227 (14,530)
Accrued expenses 35,311 20,080
Accrued expenses – related parties (7,500) 7,610
Lease liability (17,530)
Net cash used in operating activities from continuing operations (41,611) (435,036)
Net cash provided by operating activities from discontinued operations 373,913
Net cash used in operating activities (41,611) (61,123)
Cash flows from investing activities    
Purchase of fixed assets (1,730)
Cash received from sale of subsidiary net assets 2,126,934
Net cash provided by (used in) investing activities from continuing operations (1,730) 2,126,934
Net cash used in investing activities from discontinued operations (11,667)
Net cash provided by (used in) investing activities (1,730) 2,115,267
Cash flows from financing activities    
Proceeds from notes payable 65,600
Repayments of notes payable (595,965)
Repayments of convertible notes payable (650,000)
Proceeds from sale of Series C Preferred shares 100
Payment of deferred offering costs (92,432)
Net cash used in financing activities from continuing operations (26,732) (1,245,965)
Net cash used in financing activities from discontinued operations (15,784)
Net cash used in financing activities (26,732) (1,261,749)
Net increase (decrease) in cash (70,073) 792,395
Cash – beginning 91,166 271,006
Cash – ending 21,093 1,063,401
Supplemental disclosures:    
Interest paid 126,533
Income taxes paid
Non-cash investing and financing activities:    
Accounts payable and accrued interest added to note principal balance 39,965
Common stock issued for conversion of note payable $ 40,000