v3.26.1
Common Stock Warrants
 9 Months Ended
Jun. 30, 2026
Common Stock Warrants  
Common Stock Warrants

Note 12 – Common Stock Warrants

 

Warrants to purchase a total of 18,087,363 shares of common stock were outstanding as of June 30, 2026.

 

The following is a summary of information about our warrants to purchase common stock outstanding at June 30, 2026 (including those issued to both investors and service providers).

 

    Shares Underlying 
Shares Underlying Warrants Outstanding   Warrants Exercisable 
        Weighted             
    Shares   Average   Weighted   Shares   Weighted 
Range of   Underlying   Remaining   Average   Underlying   Average 
Exercise   Warrants   Contractual   Exercise   Warrants   Exercise 
Prices   Outstanding   Life   Price   Exercisable   Price 
$0.0074 -0.30    18,087,363    5.96 years   $0.028    17,387,050   $0.017 

 

 

The following is a summary of activity of outstanding common stock warrants:

 

       Weighted 
       Average 
   Number   Exercise 
   of Shares   Price 
Balance, September 30, 2025   17,777,300   $0.023 
Warrants granted   310,063    0.30 
Warrants expired   -    - 
           
Balance, June 30, 2026   18,087,363   $0.028 
           
Exercisable, June 30, 2026   17,387,050   $0.017 

 

As of June 30, 2026, these warrants in the aggregate had $77,767 of intrinsic value as the per share market price of $0.013 of the Company’s common stock as of such date was greater than the exercise price of certain warrants.