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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
REVENUE- DIGITAL ASSET SALES $ 0 $ 0 $ 4,360,087 $ 0
OPERATING EXPENSES-        
RESEARCH AND DEVELOPMENT EXPENSES 1,272,537 868,584 3,406,996 3,094,123
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 1,588,823 994,221 4,253,997 4,934,085
SELLING AND TRANSACTIONAL COSTS FOR DIGITAL ASSETS 164,093 0 3,436,955 0
Total operating expenses 3,025,453 1,862,805 11,097,948 8,028,208
OPERATING LOSS (3,025,453) (1,862,805) (6,737,861) (8,028,208)
OTHER INCOME (EXPENSE):        
Interest expense (239,760) (5,228,058) (8,024,709) (9,735,604)
Other income 261,927 0 261,927 0
Total other (expense), net 22,167 (5,228,058) (7,762,782) (9,735,604)
LOSS BEFORE INCOME TAXES (3,003,286) (7,090,863) (14,500,643) (17,763,812)
Income tax expense 0 0 0 0
NET LOSS $ (3,003,286) $ (7,090,863) $ (14,500,643) $ (17,763,812)
Basic and diluted loss per share $ (0.07) $ (0.23) $ (0.37) $ (0.64)
Weighted average shares of common stock outstanding- basic and diluted 43,760,904 31,052,229 39,032,860 27,651,679