Annual report [Section 13 and 15(d), not S-K Item 405]

Note 4 - Fair Value Measurements (Tables)

v3.25.3
Note 4 - Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2025
Notes Tables  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
   

2025

   

2024

 
                 

Beginning balance

  $ 1,570,000     $ 1,331,000  

Change in fair value of derivative liabilities

    3,138,316       239,000  

Extinguishments

    (4,708,316 )      

Ending balance

  $     $ 1,570,000  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Valuation Methodology

 

Significant Unobservable Input

 

December 30, 2024

 

September 30, 2024

             

Scenario-Based

 

Estimated change of control dates

 

December 2024

 

March 2025 to March 2027

   

Discount rate

 

N/A

 

12.1% to 12.3%

   

Probability of change of control

 

100%

 

60% to 90%

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

Significant Unobservable Input

 

September 22, 2025

   

September 30, 2025

 

Series D Preferred Stock

               

Simulation Term (Years)

    1.5       1.5  

Expected Volatility

    72.5 %     72.5 %

Discount Rate

    25.0 %     25.0 %

Calibration Discount

    48.6 %     48.6 %

ONCO Warrant

               

Simulation Term (Years)

    3.0       3.0  

Equity Volatility

    68.6 %     68.6 %

Calibration Discount

    48.6 %     48.6 %
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
   

2025

 

Series D Preferred Stock

       

Beginning balance

  $  

Additions

    1,758,003  

Change in fair value of equity securities

    6,315  

Ending balance

  $ 1,764,318  

ONCO Warrant

       

Beginning balance

  $  

Additions

    741,997  

Change in fair value of equity securities

    18,990  

Ending balance

  $ 760,987