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WARRANTS
9 Months Ended
Jun. 30, 2024
WARRANTS  
WARRANTS

NOTE F —WARRANTS

Warrants

The following table summarizes the changes in warrants outstanding. These warrants were granted as part of financing transactions, as well as in lieu of cash compensation for services performed or as financing expenses in connection with the sales of the Company’s common stock.

Weighted

Average

Exercise

Number of

Price Per

    

Shares

    

Share

Balance at October 1, 2023

261,030

$

72.00

Granted

28,305,629

 

1.64

Exercised

(8,626,796)

 

0.00

Cancelled or expired

(191,720)

 

57.00

Balance at June 30, 2024

19,748,143

$

2.78

The 19,748,143 warrants outstanding at June 30, 2024 includes 18,461,538 May 2024 Series Warrants whose exercise is subject to stockholder approval, as more fully discussed above in Note E.