INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2023

INCOME TAXES

Schedule of components of the Company's deferred tax assets

	2023			2022
NOL carryforwards	$	30,829,000		$	25,346,000
Capitalized R&D		15,196,000			15,042,000
Stock-based compensation		11,579,000			10,442,000
Lease liabilities		3,400,000			3,872,000
R&D credit		1,221,000			1,221,000
Vacation and other		298,000			307,000
Fixed assets and intangibles		168,000			-
Total deferred tax assets		62,691,000			56,230,000
Right of use assets		(2,713,000	)		(3,244,000	)
Fixed assets and intangibles		-			(44,000	)
Total deferred tax liabilities		(2,713,000	)		(3,288,000	)
Net deferred tax asset		59,978,000			52,942,000
Valuation allowance		(59,978,000	)		(52,942,000	)
Ending balance	$	-		$	-

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

	2023			2022
Federal rate		21.00	%		21.00	%
State rate change		(1.58	)		(1.67	)
State tax rate, net of federal benefit		4.05			4.34
Other adjustments		(1.62	)		(0.28	)
Permanent differences		0.00			0.21
Change in valuation allowance		(21.85	)		(23.61	)
Effective tax rate		0.00	%		0.00	%