v3.26.1
INCOME/(LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
SCHEDULE OF COMPUTATION OF DILUTED NET LOSS PER COMMON SHARE AS ANTI-DILUTIVE EFFECT

 

   March 31, 2026   March 31, 2025   March 31, 2026   March 31, 2025 
   For the three months ended   For the six months ended 
   March 31, 2026   March 31, 2025   March 31, 2026   March 31, 2025 
                 
Options   7    7    7    7 
Warrants   1,068,339    3,318,556    1,068,339    3,318,556 
SCHEDULE OF LOSS PER SHARE BASIC AND DILUTED FOR CONTINUING OPERATIONS

For the three and six months ended March 31, 2026, and 2025, loss per share basic and diluted for continuing operations are calculated as follows:

 

   2026   2025   2026   2025 
   For the three months ended   For the six months ended 
   March 31,   March 31, 
   2026   2025   2026   2025 
Net income/(loss)  $907,048   $8,637,479   $(19,649,099)  $(20,297,040)
Less(loss)/income from discontinued operations, net of tax   (314,767)   26,969    (282,776)   (240,319)
Less net loss in noncontrolling interest   -    -    -    (180,152)
Preferred stock dividends   46,918    21,949    46,918    21,949 
Net income/(loss) applicable to common shareholders   1,174,983    8,588,561    (19,413,241)   (19,898,158)

Weighted Average Number of Shares-Basic

   9,946,752    118,972    6,247,421    92,450 

Weighted Average Number of Shares-Diluted

   10,237,983    440,146    6,538,652    413,624 

Loss per share - Basic - Continuing Operations

  $0.12   $72.19   $(3.11)  $(215.24)

Loss per share - Diluted - Continuing Operations

  $0.11   $19.51   $(2.97)  $(48.11)
Loss per share - Basic - Discontinued Operations  $

(0.03

)  $0.23   $(0.05)  $(2.60)
Loss per share - Diluted - Discontinued Operations  $

(0.03

)  $

0.06

   $

(0.04

)  $

(0.58

)

 

In accordance with ASC 260-45-13, the common shares underlying the Series A Warrants under the alternative cashless exercise have been included in the calculation of the weighted average shares.