Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.23.3
Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2023
Fair Value Measurements [Abstract]  
Reconciliation of the Beginning and Ending Liability Balance

Nine Months Ended

June 30,

2023

2022

Beginning balance

$

4,294,000

$

7,851,000

Change in fair value of derivative liabilities

(2,319,000)

557,000

Ending balance

$

1,975,000

$

8,408,000

Schedule of Qualitative Information

Valuation Methodology

Significant Unobservable Input

June 30, 2023

September 30, 2022

Scenario-Based

Estimated change of control dates

September 2023 to June 2025

September 2023 to September 2025

Discount rate

11.0% to 11.3%

13.6% to 14.2%

Probability of change of control

50% to 90%

20% to 90%