COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Mar. 31, 2023

COMMITMENTS AND CONTINGENCIES

Schedule of components of lease expense

	Three-month		Six-month
	period ended		period ended
Lease Cost	March 31, 2023		March 31, 2023
Finance lease cost:
Amortization of right-of-use assets	$	—	$	—
Interest on lease liabilities		—		—
Operating lease cost		97,722		97,722
Short-term lease cost		68,149		216,975
Variable lease cost		—		—
Total lease cost	$	165,871	$	314,697

Schedule of other information

Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	97,722
Right-of-use assets obtained in exchange for new operating lease liabilities		1,545,916
Weighted-average remaining lease term — operating leases		2.8 years
Weighted-average discount rate — operating leases		9.1	%

Schedule of maturities of operating lease liabilities

	Six-month
	period ended
Maturity of Lease Liabilities	March 31, 2023
	Operating Leases
2023 (excluding the six months ended March 31, 2023)	$	293,167
2024		586,334
2025		586,334
2026		195,445
2027		—
Thereafter		—
Total lease payments		1,661,280
Less: interest		(190,667)
Present value of lease liabilities	$	1,470,613