SUBSEQUENT EVENTS	9 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	7. SUBSEQUENT EVENTS Private Placement – Convertible Notes On July 24, 2024, the Company entered into a convertible note purchase agreement with certain investors to issue and sell convertible notes in the aggregate principal amount of approximately $300,000. The closing of the private placement took place on July 26, 2024. The notes are convertible any time after issuance date by the holder into a number of shares of common stock equal to the outstanding principal amount plus accrued but unpaid interest divided by $0.52, the conversion price. On July 26, 2024, the investors exercised their option to convert the notes to common stock. NASDAQ Compliance As previously disclosed, the Company received a letter from NASDAQ on January 23, 2024 indicating that the Company was not in compliance with NASDAQ Listing Rule 5550(b)(1), the Stockholders’ Equity Requirement. NASDAQ stated that the Company failed to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. On July 23, 2024, the Company received a letter from NASDAQ stating that based on the Form 8-K filed with the Commission on July 19, 2024, NASDAQ has determined that the Company has complied with Listing Rule 5550(b)(1). However, in the future, if the Company fails to evidence compliance upon filing its next periodic report, it may be subject to a delisting determination. Any such determination may be appealed to a Hearings Panel. Private Placement On July 11, 2024 the Company entered into a Securities Purchase Agreement (“SPA”) with certain investors providing for the sale of 2,040,814 shares of the Company’s common stock for an aggregate purchase price of approximately $3,000,000. In connection therewith, the Company entered into a Registration Rights Agreement providing, among other things, that the Company will as soon as reasonably practicable, and no later than September 30, 2024, file with the SEC a registration statement registering the resale of the shares of common stock. The transaction closed on July 18, 2024.

SUBSEQUENT EVENTS

9 Months Ended

Jun. 30, 2024

7. SUBSEQUENT EVENTS

Private Placement – Convertible Notes

On July 24, 2024, the Company entered into a convertible note purchase agreement with certain investors to issue and sell convertible notes in the aggregate principal amount of approximately $300,000. The closing of the private placement took place on July 26, 2024. The notes are convertible any time after issuance date by the holder into a number of shares of common stock equal to the outstanding principal amount plus accrued but unpaid interest divided by $0.52, the conversion price.

On July 26, 2024, the investors exercised their option to convert the notes to common stock.

NASDAQ Compliance

As previously disclosed, the Company received a letter from NASDAQ on January 23, 2024 indicating that the Company was not in compliance with NASDAQ Listing Rule 5550(b)(1), the Stockholders’ Equity Requirement. NASDAQ stated that the Company failed to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing.

On July 23, 2024, the Company received a letter from NASDAQ stating that based on the Form 8-K filed with the Commission on July 19, 2024, NASDAQ has determined that the Company has complied with Listing Rule 5550(b)(1). However, in the future, if the Company fails to evidence compliance upon filing its next periodic report, it may be subject to a delisting determination. Any such determination may be appealed to a Hearings Panel.

Private Placement

On July 11, 2024 the Company entered into a Securities Purchase Agreement (“SPA”) with certain investors providing for the sale of 2,040,814 shares of the Company’s common stock for an aggregate purchase price of approximately $3,000,000. In connection therewith, the Company entered into a Registration Rights Agreement providing, among other things, that the Company will as soon as reasonably practicable, and no later than September 30, 2024, file with the SEC a registration statement registering the resale of the shares of common stock.

The transaction closed on July 18, 2024.