14. INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Components of Provision for Income Tax Expense

The component of the provision for income taxes in the years ended September 30, 2022, 2021, and 2020 were as follows:

	September 30, 2022		September 30, 2021
Current:
Federal	$	-	$	-
State		-		-
Deferred:
Federal	$	-	$	-
State		-		-
Provision for income taxes	$	-	$	-

Schedule of Income (Loss) before Income Taxes

For the years ended September 30, 2022 and 2021 the Company's income (loss) from continuing operations before provision for income taxes were as follows:

	September 30, 2022			September 30, 2021
Domestic	$	(40,089,393	)	$	(8,229,162	)
Foreign		-			-
Loss before income taxes	$	(40,089,393	)	$	(8,229,162	)

Statutory U.S federal income tax rate

Income tax benefit attributable to loss from continuing operations differed from the amounts computed by applying the statutory U.S federal income tax rate of 21% to pretax loss from continuing operations as a result of the following:

	September 30, 2022			September 30, 2021
Tax Benefit at Federal statutory rate	$	(8,417,258	)	$	(1,728,117	)
Tax Benefit at State rate		(303,448	)		(62,300	)
Meals and Entertainment		30,339			114
Stock Based Compensation		2,060,702			-
Non deductible Payroll expense		-			(231,134	)
ISO - Disqualifying Dispositions		(58,493	)
Penalties		-			375
True Ups		4,407,634			323,497
R&D Credits		(200,000	)		(200,457	)
Discontinued Operations		(3,750,257	)		(2,955,236	)
Other		(1,569	)		(1,172	)
Change in Valuation Allowance		6,232,350			4,854,430
	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities

The significant components of the Company's deferred tax assets and liabilities as of September 30, 2022 and 2021 were as follows:

	September 30, 2022			September 30, 2021
Deferred Tax Assets:
Right of Use - Lease Liability	$	268,771		$	-
Charitable Contributions		7,034			507
Section 1231 Loss Carryforwards		1,183,440			2,995,030
Tax Credits		400,457			200,457
Stock Based Compensation		3,740,106			135,366
Interest Expense Carryforwards		193,804			-
Net Operating Loss carryforwards		93,052,447			42,880,598
Gross Deferred Tax Assets	$	98,846,059		$	46,211,958
Valuation Allowance		(28,756,392	)		(22,524,043	)
Total deferred tax assets, net of valuation allowance	$	70,089,667		$	23,687,915
Deferred Tax Liabilities
Right of Use - Lease Asset	$	(264,566	)	$	-
Prepaid Expenses		(222,566	)		(187,790	)
Unrealized Gain on Derivative Asset		(85,415	)		(857,243	)
Unrealized Gain on Equity Security		(62,859	)		(63,261	)
Gain/Loss on Sale of Assets not on TR		(25,732	)		(602	)
Fixed Assets & Intangible Assets		(69,428,529	)		(22,579,019	)
Net Deferred Tax Assets	$	-		$	-