Convertible
notes and related accrued interest at March 31, 2026 and September 30, 2025 consisted of the following:
| | |
Convertible Notes | |
| | |
March 31,
2026 | | |
September 30,
2025 | |
| Convertible notes – current | |
| | |
| |
| Convertible notes – current, interest at 3% per annum payable on March 20, 2026 and 2027, mature 24-month from March 21, 2025, convertible to common stock at $0.33 per share | |
$ | 40,000 | | |
$ | 40,000 | |
| Convertible notes – noncurrent | |
| | | |
| | |
| Convertible notes – non-current, interest at 3% per annum payable on May 1, 2026 and 2027, mature 24-month from May 1, 2025, convertible to common stock at $0.33 per share | |
| 30,000 | | |
| 30,000 | |
| Total outstanding balance | |
$ | 70,000 | | |
$ | 70,000 | |
| Accrued interest | |
| 2,056 | | |
| 1,005 | |
|