v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2025
Sep. 30, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 454,658 $ 10,321,827
Restricted cash 397,067 426,851
Inventory 28,148,500 37,503,112
Prepaid expenses and other current assets 13,386,759 14,798,553
Accounts receivable 0 124,295
TOTAL CURRENT ASSETS 42,386,984 63,174,638
Property, plant, and equipment, net 30,187,343 82,180,266
Intangible assets, net 12,505,550 27,056,030
Right-of-use assets 2,481,312 3,041,485
Other noncurrent assets 1,667,917 3,178,870
TOTAL ASSETS 89,229,106 178,631,289
CURRENT LIABILITIES    
Accounts payable 42,396,488 41,335,509
Accrued expenses and other current liabilities 14,855,109 51,612,166
Derivative liabilities 101,060,811 79,742,180
Liability to issue shares 1,458,863 1,771,025
Lease liabilities, current portion 2,237,694 2,893,967
Notes payable, current portion 24,070,440 5,399,777
Refundable deposits 404,072 417,674
TOTAL CURRENT LIABILITIES 186,483,477 183,172,298
Liability to issue shares, net of current portion 66,674 356,206
Lease liabilities, net of current portion 9,733,098 11,648,662
TOTAL LIABILITIES 196,283,249 195,177,166
Contingencies and claims (Note 19)
STOCKHOLDERS' EQUITY (DEFICIT)    
Common stock; $0.001 par value; 5,000,000,000 shares authorized at June 30, 2025 and September 30, 2024; 99,568 and 1 shares issued and outstanding at June 30, 2025 and September 30, 2024 respectively (*) [1] 100 0
Additional paid-in capital (*) [1],[2] 2,503,004,697 2,290,664,548
Accumulated deficit (2,610,910,202) (2,319,220,938)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS (107,905,041) (28,556,026)
Noncontrolling interest 850,898 12,010,149
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (107,054,143) (16,545,877) [1]
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 89,229,106 178,631,289
Series D Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, value 363 363
Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, value 0 0
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, value $ 1 $ 1
[1] Adjusted retroactively for reverse stock splits, see Note 1 - Description of Business and Basis of Presentation
[2] Adjusted retroactively for reverse stock splits, see Note 1 - Description of business and basis of presentation.