Quarterly report [Sections 13 or 15(d)]

Note 3 - Discontinued Operations (Tables)

v3.26.1
Note 3 - Discontinued Operations (Tables)
6 Months Ended
Mar. 31, 2026
Notes Tables  
Disposal Groups, Including Discontinued Operations [Table Text Block]
   

Three Months Ended

   

Six Months Ended

 
   

March 31,

   

March 31,

 
   

2026

   

2025

   

2026

   

2025

 
                                 

Net revenues

  $     $     $     $ 4,484,591  
                                 

Cost of sales

                      2,900,514  
                                 

Gross profit

                      1,584,077  
                                 

Operating expenses

          9,410             1,111,397  
                                 

Gain (loss) on sale of FC2 business

    351,418       (39,816 )     351,418       (4,244,251 )
                                 

Operating income (loss)

    351,418       (49,226 )     351,418       (3,771,571 )
                                 

Non-operating expenses:

                               

Interest expense

                      (164,270 )

Change in fair value of derivative liabilities

                      (3,138,316 )

Other expense, net

                      (31,960 )

Total non-operating expenses

                      (3,334,546 )
                                 

Income (loss) before income taxes

    351,418       (49,226 )     351,418       (7,106,117 )
                                 

Income tax expense

                      78,553  
                                 

Net income (loss) from discontinued operations, net of taxes

  $ 351,418     $ (49,226 )   $ 351,418     $ (7,184,670 )
Schedule of Disposal Groups, Including Discontinued Operations, Cash Flow Information [Table Text Block]
   

Six Months Ended

 
   

March 31,

 
   

2026

   

2025

 
                 

Total net cash used in operating activities from discontinued operations

  $     $ (334,864 )

Total net cash provided by investing activities from discontinued operations

  $ 351,418     $ 16,330,432