v3.25.2
SUBSEQUENT EVENTS
9 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 24 – SUBSEQUENT EVENTS

 

On Various dates in July and August 2025, 2,018,577 shares of common stock were issued in exchange for 2,018,577 Series B warrants. These exercises generated $1,802,590 in gross proceeds and generated a $532,844 gain on the fair value of the common shares issued for the exercised warrants, which represents the difference between the fair value of the shares issued and the value of the warrants exercised.

 

In July 2025, the Company acquired approximately 5,500 units of Solana (SOL) as part of its broader cryptocurrency strategy. This investment is intended to diversify the Company’s treasury holdings and provide potential exposure to blockchain-based technologies relevant to its long-term strategic initiatives.

 

On August 1, 2025, the Company issued 150,000 shares to settle $166,050 of debt due to Streeterville Capital, LLC. $2,814 was applied to accrued interest and $163,236 was applied to the principal on the note that matures on February 22, 2026.