INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2022

INCOME TAXES

Schedule of components of the Company's deferred tax assets

	2022			2021
NOL carryforwards	$	25,346,000		$	19,789,000
Capitalized R&D		15,042,000			15,040,000
Stock-based compensation		10,442,000			7,785,000
Lease liabilities		3,872,000			4,101,000
R&D credit		1,221,000			1,221,000
Vacation and other		307,000			126,000
Total deferred tax assets		56,230,000			48,062,000
Right of use assets		(3,244,000	)		(3,786,000	)
Fixed assets and intangibles		(44,000	)		(172,000	)
Total deferred tax liability		(3,288,000	)		(3,958,000	)
Net deferred tax asset		52,942,000			44,104,000
Valuation allowance		(52,942,000	)		(44,104,000	)
Ending balance	$	-		$	-

Schedule of federal or state current or deferred tax expense or benefit

	2022			2021
Federal rate		21.00	%		21.00	%
State tax rate change		(1.67	)		(1.37	)
State tax rate, net of federal benefit		4.34			4.72
Other adjustments		(0.28	)		(0.79	)
Permanent differences		0.21			0.23
Change in valuation allowance		(23.61	)		(23.79	)
Effective tax rate		0.00	%		0.00	%