v3.25.2
Warrant Derivative (Tables)
6 Months Ended
Mar. 31, 2025
Warrant Derivative [Abstract]  
Schedule of Warrant Activity

Following is a summary of the warrant activity for the six months ended March 31, 2025, and for the years ended September 30, 2024 and 2023:

 

           Weighted 
           Average 
           Remaining 
       Average   Contractual 
   Number of
Warrants
   Exercise
Price
   Term in
Years
 
             
Outstanding at September 30, 2023      $     
Granted   1,458,333    0.72    5.38 
Exercised            
Surrendered            
Expired            
Outstanding at September 30, 2024   1,458,333    0.72    5.38 
Granted   12,681,818    0.68    5.14 
Exercised   (9,640,151)   1.65     
Surrendered            
Expired            
Outstanding at March 31, 2025   4,500,000    0.72    5.14 
Schedule of Fair Value of the Warrants

The fair value of the warrants was calculated using the Binomial Model with the following assumptions as follows:

 

   Oct 14,   Nov 5,   Nov 12, 
Warrants  2024   2024   2024 
Market price per share (USD/share)  $0.77   $0.84   $1.13 
Exercise price (USD/share)   0.61-0.72    0.72    0.72 
Risk free rate   3.89%   4.17%   4.33%
Dividend yield   %        
Expected term/Contractual life (years)   5.25    5.50    5.50