SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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12 Months Ended |
Sep. 30, 2022 |
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| Accounting Policies [Abstract] |
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| Schedule of disaggregated revenue |
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For the years ended
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September 30, 2022
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September 30, 2021
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| |
|
|
|
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Licensing of ReadyOp Software
|
|
$ 1,818,035 |
$ 1,581,080 |
|
Hardware Sales and Consulting
|
|
199,528 |
70,217 |
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Total
|
|
$ 2,017,563 |
$ 1,651,297 |
| |
|
|
|
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| Schedule of deferred revenue |
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For the year
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For the year
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|
year
|
|
year
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ended
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ended
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September 30, 2022
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September 30, 2021
|
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|
|
|
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Beginning balance
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|
$ 1,131,796
|
|
$ 728,120
|
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Additions to contract liabilities (1)
|
|
2,011,278
|
|
2,054,973
|
|
Deductions to contract liabilities (2)
|
|
(2,017,563)
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(1,651,297)
|
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Ending balance
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$ 1,125,511
|
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$ 1,131,796
|
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|
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(1) Customer billings for services not yet rendered
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(2) Revenue recognized in the current year related to the beginning liability
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| Schedule of earning per share |
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For the
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For the
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| |
|
year
|
year
|
| |
|
ended
|
ended
|
|
|
|
September 30, 2022
|
September 30, 2021
|
|
Net income attributable to common stockholders for the period
|
$
|
359,858 |
$
|
320,171 |
|
|
|
|
|
|
|
Weighted average number of shares outstanding
|
|
228,239,979 |
|
226,520,440 |
|
|
|
|
|
|
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Basic earnings per share
|
$
|
0.00 |
$
|
0.00 |
| |
|
For the
|
For the
|
| |
|
year
|
year
|
| |
|
ended
|
ended
|
|
|
|
September 30, 2022
|
September 30, 2021
|
|
Net income attributable to common stockholders for the period
|
$
|
359,858 |
$
|
320,171 |
|
Add: Preferred stock dividends
|
|
41,073 |
|
40,929 |
|
|
|
|
|
|
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Adjusted net income
|
$ |
400,895 |
$ |
361,098 |
|
|
|
|
|
|
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Weighted average number of shares outstanding
|
|
228,239,979 |
|
226,520,440 |
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Add: Shares issued upon conversion of preferred stock
|
|
371,361,635 |
|
371,361,635 |
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Weighted average number of common and common equivalent shares
|
|
599,601,614 |
|
597,882,075 |
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|
|
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Diluted earnings per share
|
$
|
0.00 |
$
|
0.00 |
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