STOCKHOLDERS’ EQUITY (Details Narrative)
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3 Months Ended |
9 Months Ended |
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Jun. 02, 2025
USD ($)
$ / shares
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May 28, 2025
USD ($)
$ / shares
shares
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Nov. 26, 2024
USD ($)
$ / shares
shares
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Oct. 02, 2024
USD ($)
$ / shares
shares
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May 03, 2024
USD ($)
$ / shares
shares
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May 01, 2024
shares
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Jun. 30, 2025
USD ($)
$ / shares
shares
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Mar. 31, 2025
shares
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Jun. 30, 2024
USD ($)
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Jun. 30, 2025
USD ($)
$ / shares
shares
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Jun. 30, 2024
USD ($)
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May 29, 2025
USD ($)
$ / shares
shares
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Dec. 02, 2024
$ / shares
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Oct. 07, 2024
$ / shares
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Sep. 30, 2024
$ / shares
shares
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Jun. 14, 2024
$ / shares
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Class of Stock [Line Items] |
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Preferred stock cancelled shares |
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3,778
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Reverse stock split |
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35 for 1
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60 for 1
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Shares issued for rounding |
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6
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Share price | $ / shares |
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$ 0.277
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Fair value | $ |
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$ 3,093,960
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$ 3,615,437
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$ (2,807,890)
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$ 8,928,275
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$ (2,807,890)
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Strike price | $ / shares |
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$ 0.001
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Issuance of warrants | $ |
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$ 17,279,611
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Gross proceeds received | $ |
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10,024,083
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Loss on excess fair value | $ |
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$ 7,255,528
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Warrants outstanding |
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8,255,215
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8,255,215
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5,199,436
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Exercise price | $ / shares |
$ 0.893
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$ 3.1488
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$ 0.7488
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Gain/(loss) on exercise of warrant liabilities | $ |
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$ 74,008
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(7,255,528)
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$ (15,722,097)
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(7,255,528)
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Gain/(loss) on exercise of warrant liabilities | $ |
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(74,008)
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7,255,528
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15,722,097
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7,255,528
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Loss changes in fair value of warrant liability | $ |
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$ 3,615,437
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$ 8,928,275
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Gain changes in fair value of warrant liability | $ |
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$ 2,807,890
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$ 2,807,890
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Common stock, par value | $ / shares |
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$ 0.001
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$ 0.001
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$ 0.001
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Other expenses | $ |
$ 15,000
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Gross proceeds | $ |
$ 187,500
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Series A Warrant [Member] |
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Class of Stock [Line Items] |
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Adjusted number of warrants outstanding |
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284,225
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13,766,999
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875,034
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Warrants outstanding |
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1,201,932
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12,059,879
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248,166
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Aggregate value | $ |
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$ 894,954
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$ 10,250,897
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$ 260,467
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Series B Warrant [Member] |
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Class of Stock [Line Items] |
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Adjusted number of warrants outstanding |
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3,652,206
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15,444,550
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11,701,477
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Warrants outstanding |
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15,444,550
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13,529,410
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3,318,556
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Exercise price | $ / shares |
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$ 0.7488
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$ 0.85
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$ 3.1488
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Aggregate value | $ |
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$ 11,499,999
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$ 11,499,999
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$ 10,449,401
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Underwriting Agreement [Member] |
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Class of Stock [Line Items] |
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Stock issuance description |
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(i) 554,705 units (the “Common Units”), each
consisting of one share of common stock of the Company (“Common Stock”), a warrant to purchase one share of common stock
at an exercise price of $0.85 per share, which warrant will expire on the two-and-a-half year anniversary of the original issuance date
(the “Series A Warrants”), and a warrant to purchase one share of common stock at an exercise price of $0.85 per share, which
warrant will expire on the five-year anniversary of the original issuance date (the “Series B Warrants”); and (ii) 11,210,000
pre-funded units (the “Pre-funded Units”), each consisting of one pre-funded warrant to purchase one share of common stock
(the “Pre-funded Warrants”), a Series A Warrant and a Series B Warrant. The purchase price of each Unit was $0.85, and the
purchase price of each Pre-Funded Unit was $0.849. The Pre-Funded Warrants are immediately exercisable and may be exercised at any time
until all of the Pre-Funded Warrants are exercised in full.
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Number of shares sold |
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11,764,705
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Proceeds from common stock | $ |
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$ 10,035,293
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Payments for underwriting expense | $ |
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$ 1,133,166
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Gross proceeds of offerings | $ |
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$ 1,250,000
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Underwriting Agreement [Member] | Related Party [Member] |
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Class of Stock [Line Items] |
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Other expenses | $ |
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$ 191,050
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Underwriting Agreement [Member] | Maximum [Member] |
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Class of Stock [Line Items] |
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Shares issued, granted |
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187,500
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Common Stock [Member] |
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Class of Stock [Line Items] |
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Reverse stock split |
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35:1
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60:1
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Issuance of shares |
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6
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Share price | $ / shares |
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$ 1.00
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Common Stock [Member] | Underwriting Agreement [Member] |
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Class of Stock [Line Items] |
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Issuance of shares |
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1,250,000
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Common stock, par value | $ / shares |
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$ 0.001
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Shares issued price per share | $ / shares |
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$ 1.00
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Common Stock [Member] | Underwriting Agreement [Member] | Over-Allotment Option [Member] |
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Class of Stock [Line Items] |
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Shares issued, granted |
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1,764,705
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Percentage for number of common stock and pre-funded warrants sold in offering |
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15.00%
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Series A Warrant [Member] | Underwriting Agreement [Member] | Over-Allotment Option [Member] |
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Class of Stock [Line Items] |
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Adjusted number of warrants outstanding |
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1,764,705
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1,764,705
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Percentage for warrants sold in offering |
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15.00%
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Series B Warrant [Member] |
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Class of Stock [Line Items] |
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Issuance of warrants | $ |
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$ 1,307,354
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Series B Warrant [Member] | Underwriting Agreement [Member] | Over-Allotment Option [Member] |
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Class of Stock [Line Items] |
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Adjusted number of warrants outstanding |
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1,764,705
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1,764,705
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Percentage for warrants sold in offering |
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15.00%
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Prefunded Units [Member] | Underwriting Agreement [Member] |
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Class of Stock [Line Items] |
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Issuance of shares |
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11,210,000
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Prefunded Warrant [Member] | Underwriting Agreement [Member] |
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Class of Stock [Line Items] |
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Adjusted number of warrants outstanding |
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11,210,000
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Series 1 Preferred Stock [Member] |
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Class of Stock [Line Items] |
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Preferred stock dividends shares |
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252,278
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Preferred stock cancelled shares |
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3,778
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Preferred stock, shares issued |
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2,705,327
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2,705,327
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2,456,827
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Preferred stock, shares outstanding |
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2,641,227
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2,641,227
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2,392,727
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Series A Warrants [Member] |
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Class of Stock [Line Items] |
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Common stock issued for exercise |
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1,436,749
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Issuance of shares |
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40,588,230
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3,946,790
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Share price | $ / shares |
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$ 0.277
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Fair value | $ |
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$ 11,242,940
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Series B Warrants [Member] |
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Class of Stock [Line Items] |
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Common stock issued for exercise |
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621,175
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Issuance of shares |
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621,175
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Common stock issued for exercise value | $ |
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$ 1,307,355
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Share price | $ / shares |
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$ 0.277
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Fair value | $ |
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$ 2,942,711
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Warrants term |
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5 years
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Series B Warrants [Member] | Measurement Input, Exercise Price [Member] |
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Class of Stock [Line Items] |
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Dividend rate |
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0.85
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Series B Warrants [Member] | Measurement Input, Price Volatility [Member] |
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Class of Stock [Line Items] |
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Dividend rate |
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132
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Series B Warrants [Member] | Measurement Input, Risk Free Interest Rate [Member] |
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Class of Stock [Line Items] |
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Dividend rate |
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4.5
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Series B Warrants [Member] | Measurement Input, Expected Dividend Rate [Member] |
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Class of Stock [Line Items] |
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Dividend rate |
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0
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