Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.24.1
Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2023
Fair Value Measurements [Abstract]  
Reconciliation of the Beginning and Ending Liability Balance

2023

2022

Beginning balance

$

4,294,000

$

7,851,000

Change in fair value of derivative liabilities

(2,963,000)

(3,557,000)

Ending balance

$

1,331,000

$

4,294,000

Schedule of Qualitative Information

Valuation Methodology

Significant Unobservable Input

2023

2022

Scenario-Based

Estimated change of control dates

December 2024 to December 2026

September 2023 to September 2025

Discount rate

14.1% to 15.1%

13.6% to 14.2%

Probability of change of control

20% to 90%

20% to 90%