Mastermind (MMND) 10-Q 23 May 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Mar. 31, 2022	May 23, 2022
Cover [Abstract]
Entity Registrant Name	MASTERMIND, INC.
Entity Central Index Key	0001088638
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Mar. 31, 2022
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Entity Common Stock Shares Outstanding		34,505,520
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-26533
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	82-3807447
Entity Interactive Data Current	Yes
Entity Address Address Line 1	1450 W. Peachtree St. NW
Entity Address City Or Town	Atlanta
Entity Address State Or Province	GA
Entity Address Postal Zip Code	30309
City Area Code	678
Local Phone Number	420-4000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2022	Sep. 30, 2021
Current assets:
Cash and cash equivalents	$ 1,504,822	$ 1,075,188
Accounts receivable	666,697	1,261,183
Unbilled receivables	15,026	0
Prepaid expenses and other current assets	124,907	31,266
Income tax receivable	104,737	77,477
Total current assets	2,416,189	2,445,114
Right-of-use asset, net	208,699	262,097
Property and equipment, net	50,222	59,495
Total assets	2,675,110	2,766,706
Current liabilities:
Accounts payable and accrued expenses	68,222	157,994
Accounts payable and accrued expenses, related party	0	100,000
Unearned revenues	54,985	59,326
Lease obligation, current	111,293	108,281
Total current liabilities	234,500	425,601
Lease obligation, net of current portion	97,406	153,816
Deferred tax liabilities	199,409	168,174
Total liabilities	531,315	747,591
Stockholders' Equity:
Preferred stock, $0.001 par value; 1,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.001 par value, 125,000,000 shares authorized, 34,505,520 shares issued and outstanding	34,506	34,506
Common stock to be issued; 225,000 and 135,000 shares as of March 31, 2022, and September 30, 2021, respectively	225	135
Additional paid in capital	85,140	76,230
Retained earnings	2,023,924	1,908,244
Total stockholders' equity	2,143,795	2,019,115
Total liabilities and stockholders' equity	$ 2,675,110	$ 2,766,706

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2022	Sep. 30, 2021
Consolidated Balance Sheets
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	125,000,000	125,000,000
Common stock, shares issued (in shares)	34,505,520	34,505,520
Common stock, shares outstanding (in shares)	34,505,520	34,505,520
Common stock to be issue, shares (in shares)	225,000	135,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Consolidated Balance Sheets
Revenues	$ 1,077,918	$ 932,753	$ 1,935,032	$ 2,009,912
Cost of revenues	401,038	303,900	724,695	869,202
Gross Profit	676,880	628,853	1,210,337	1,140,710
Operating Expenses:
General and administrative	620,745	579,937	1,091,991	1,085,295
Total operating expenses	620,745	579,937	1,091,991	1,085,295
Income (loss) from operations	56,135	48,916	118,346	55,415
Other Income:
Interest income	702	195	1,309	588
Total other income	702	195	1,309	588
Net income before provision for income taxes	56,837	49,111	119,655	56,003
Provision (benefit) for income taxes	(12,408)	12,988	3,975	15,141
Net Income	$ 69,245	$ 36,123	$ 115,680	$ 40,862
Net income per common share:
Basic	$ 0	$ 0	$ 0	$ 0
Diluted	$ 0	$ 0	$ 0	$ 0
Weighted average common shares outstanding:
Basic	34,505,520	34,477,298	34,505,520	34,170,575
Diluted	34,505,520	33,477,298	34,505,520	34,170,575

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Total	Common Stock [Member]	Common Stock To Be Issued	Additional Paid-In Capital	Retained Earnings
Balance, shares at Sep. 30, 2020		33,870,520
Balance, amount at Sep. 30, 2020	$ 1,174,847	$ 33,871	$ 0	$ 0	$ 1,140,976
Net income	4,739	$ 0	0	0	4,739
Balance, shares at Dec. 31, 2020		33,870,520
Balance, amount at Dec. 31, 2020	1,179,586	$ 33,871	0	0	1,145,715
Balance, shares at Sep. 30, 2020		33,870,520
Balance, amount at Sep. 30, 2020	1,174,847	$ 33,871	$ 0	0	1,140,976
Net income	40,862
Balance, shares at Mar. 31, 2021		34,505,520	45,000
Balance, amount at Mar. 31, 2021	1,283,709	$ 34,506	$ 45	67,320	1,181,838
Balance, shares at Dec. 31, 2020		33,870,520
Balance, amount at Dec. 31, 2020	1,179,586	$ 33,871	0	0	1,145,715
Net income	36,123	$ 0	$ 0	0	36,123
Shares of common stock issued and to be issued for services, shares		635,000	45,000
Shares of common stock issued and to be issued for services, amount	68,000	$ 635	$ 45	67,320	0
Balance, shares at Mar. 31, 2021		34,505,520	45,000
Balance, amount at Mar. 31, 2021	1,283,709	$ 34,506	$ 45	67,320	1,181,838
Balance, shares at Sep. 30, 2021		34,505,520	135,000
Balance, amount at Sep. 30, 2021	2,019,115	$ 34,506	$ 135	76,230	1,908,244
Net income	46,435	0	$ 0	0	46,435
Common stock to be issued for services, shares			45,000
Common stock to be issued for services, amount	4,500	$ 0	$ 45	4,455	0
Balance, shares at Dec. 31, 2021		34,505,520	180,000
Balance, amount at Dec. 31, 2021	2,070,050	$ 34,506	$ 180	80,685	1,954,679
Balance, shares at Sep. 30, 2021		34,505,520	135,000
Balance, amount at Sep. 30, 2021	2,019,115	$ 34,506	$ 135	76,230	1,908,244
Net income	115,680
Balance, shares at Mar. 31, 2022		34,505,520	225,000
Balance, amount at Mar. 31, 2022	2,143,795	$ 34,506	$ 225	85,140	2,023,924
Balance, shares at Dec. 31, 2021		34,505,520	180,000
Balance, amount at Dec. 31, 2021	2,070,050	$ 34,506	$ 180	80,685	1,954,679
Net income	69,245	0	$ 0	0	69,245
Common stock to be issued for services, shares			45,000
Common stock to be issued for services, amount	4,500	$ 0	$ 45	4,455	0
Balance, shares at Mar. 31, 2022		34,505,520	225,000
Balance, amount at Mar. 31, 2022	$ 2,143,795	$ 34,506	$ 225	$ 85,140	$ 2,023,924

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 115,680	$ 40,862
Adjustments to reconcile net income to net cash flows from operating activities:
Stock compensation expense	9,000	65,500
Depreciation	11,037	11,057
Deferred tax	31,235	15,141
Changes in operating assets and liabilities:
Accounts receivable	594,486	267,615
Unbilled receivables	(15,026)	(637,878)
Income tax receivable	(27,260)	0
Prepaid expenses and other current assets	(93,641)	26,061
Accounts payable and accrued expenses	(89,772)	(35,120)
Accounts payable and accrued expenses, related party	(100,000)	0
Unearned revenues	(4,341)	(82,450)
Net cash flows provided by (used in) operating activities	431,398	(329,212)
Cash flows from investing activities:
Purchases of property and equipment	(1,764)	(7,166)
Net cash flows used in investing activities	(1,764)	(7,166)
Net change in cash and cash equivalents	429,634	(336,378)
Cash and cash equivalents at beginning of period	1,075,188	807,262
Cash and cash equivalents at end of period	1,504,822	470,884
Supplemental disclosure of cash flow information:
Income taxes paid	0	0
Interest paid	$ 0	$ 0

Business

Business	6 Months Ended
	Mar. 31, 2022
Business
Business	1. Business Mastermind, Inc. (the “Company”, “we”, “us”, or the “organization”) is an involvement marketing service agency that designs, creates and develops branding and marketing campaigns, primarily for large corporate clients with well-known brands. We specialize in customer conversion initiatives that we believe facilitate the involvement of more of the “right customers” with the brands of our clients. We focus on converting prospects to customers. Our programs can take on various forms, including creating and managing content marketing, influencer marketing, social marketing/community management, digital issues management promotions, Augmented Reality Marketing, and UX Analytics & Digital Intelligence.

Interim Financial Statements an

Interim Financial Statements and Basis of Presentation	6 Months Ended
	Mar. 31, 2022
Interim Financial Statements and Basis of Presentation
Interim Financial Statements and Basis of Presentation	2. Interim Financial Statements and Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information pursuant to Rule 8-03 of Regulation S-X. Accordingly, these unaudited consolidated financial statements do not include all of the information and disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments (consisting only of normal recurring adjustments), which we consider necessary, for a fair presentation of those financial statements. The results of operations for the three and six months ended March 31, 2022 and cash flows for the six months ended March 31, 2022, may not necessarily be indicative of results that may be expected for any succeeding period or for the entire fiscal year. These consolidated financial statements should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K as of and for the fiscal years ended September 30, 2021 and 2020 as filed with the Securities and Exchange Commission. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments, which are evaluated on an ongoing basis, and that affect the amounts reported in our unaudited financial statements and accompanying notes. Management bases its estimates on historical experience and on various other assumptions that it believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the amounts of revenues and expenses that are not readily apparent from other sources. Actual results could differ from those estimates and judgments. In particular, significant estimates and judgments include those related to revenue recognition, allowance for doubtful accounts, useful lives and valuation of property and equipment. There have been no material changes in the Company’s significant accounting policies during the three and six months ended March 31, 2022, as compared to the significant accounting policies described in the Company’s Annual Report on Form 10-K for the year ended September 30, 2021. The pandemic related to the coronavirus (COVID-19) could adversely impact our future results, especially if our customers are negatively impacted by the decrease in economic activity caused by the virus. If our customers fail to reach budgeted revenue projections and reduce their expenditures proportionally, we could experience lower than expected growth in revenue or lower overall revenue. We could also experience delays or declines in revenue and new business and or implementations of marketing campaigns if customers or potential customers delay or cancel their plans due to the economic slowdown caused by the virus. Additionally, our operations could be impacted, and we could experience higher costs if, despite our mitigation and prevention efforts, the virus spread prevents affected employees from performing key duties.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Mar. 31, 2022
Related Party Transactions
Related Party Transactions	3. Related Party Transactions On January 3, 2012, we entered into a perpetual license agreement (the “Perpetual License”) with Mastermind Marketing, Inc. (the “Licensor”), which provides for licenses of trademarks, internet domains, and certain intellectual property as defined in the Perpetual License. The Licensor is one of our members and its chief executive officer is also our chief executive officer. The Perpetual License, which may be terminated at any time by either party, is effective January 3, 2012 and provides for aggregate payments of $2,100,000 over the calendar years from 2019 through 2039 with no further payments required after December 31, 2039. The Company has recorded expenses related to the license of $15,000 and $30,000 for the three and six months ended March 31, 2022, respectively, and $15,000 and 30,000 for the three and six months ended March 31, 2021, respectively. On January 3, 2014, we entered into a commercial lease agreement (the “Lease”) with 1450 West Peachtree, LLC, a Georgia limited liability company (the “Landlord”), for the lease of our corporate facility in Atlanta, Georgia. The manager of the Landlord is also our chief executive officer. The term of the lease is 10 years from the date of the agreement and provides for monthly rent and payment of operating expenses on a triple-net basis. The monthly rent terms of the lease have been altered by the landlord due to another tenant occupying space the Company verbally agreed to allow the landlord to remove from the space available to the Company. During the three and six months ended March 31, 2022, we made lease payments of $30,000 and $60,000, respectively, and $30,000 and $60,000 for the three and six months ended March 31, 2021, respectively, in satisfaction of our obligation pursuant to the Lease. During the three and six months ended March 31, 2022, and 2021, we made payments to our three members pursuant to the terms of our operating agreement, as amended, for services rendered to us. The Company recorded expenses to our three

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment
Property, Plant and Equipment	4. Property and Equipment Property and equipment consist of the following: March 31, September 30, 2022 2021 Furniture, fixtures and office equipment $ 147,751 $ 145,987 Leasehold improvements 73,795 73,795 Property and equipment, gross 221,546 219,782 Less: accumulated depreciation (171,324 ) (160,287 ) Property and equipment, net $ 50,222 $ 59,495 Depreciation expense for the three and six months ended March 31, 2022 was $5,519 and $11,037, respectively, and was $5,190 and $11,057 for the three and six months ended March 31, 2021, respectively.

Licensing Agreements

Licensing Agreements	6 Months Ended
	Mar. 31, 2022
Licensing Agreements
Licensing Agreement Commitments	5. Licensing Agreements On January 3, 2012, we entered into a perpetual license agreement (the “Perpetual License”) with Mastermind Marketing, Inc. (the “Licensor”), which provides for licenses of trademarks, internet domains, and certain intellectual property as defined in the Perpetual License. The Licensor is one of our members and its chief executive officer is also our chief executive officer. The Perpetual License, which may be terminated at any time by either party, is effective January 3, 2012 and provides for aggregate payments of $2,100,000 over the calendar years from 2019 through 2039 with no further payments required after December 31, 2039. The Company has recorded expenses of $15,000 and $15,000 for the three months ended March 31, 2022, and 2021, respectively, and $30,000 and $30,000 for the six months ended March 31, 2022 and 2021, respectively. In consideration for the Perpetual License, we agreed to pay the following fees through fiscal year 2040 (calendar year 2039): Fiscal Years Ending September 30, Amount 2022 $ 60,000 2023 60,000 2024 60,000 2025 60,000 2026 120,000 Thereafter 1,560,000 $ 1,920,000

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Mar. 31, 2022
Commitments and Contingencies
Commitments and Contingencies	6. Commitments and Contingencies On January 3, 2014, we entered into a commercial lease agreement (the “Lease”) with 1450 West Peachtree, LLC, a Georgia limited liability company (the “Landlord”), for the lease of our corporate facility in Atlanta, Georgia. The manager of the Landlord is also our chief executive officer. The term of the lease is 10 years from the date of the agreement and provides for monthly rent and payment of operating expenses on a triple-net basis. The monthly rent terms of the lease have been altered by the landlord due to another tenant occupying space the Company verbally agreed to allow the landlord to remove from the space available to the Company. During the three and six months ended March 31, 2022, we made lease payments of $30,000 and $60,000, respectively, and $30,000 and $60,000 for the three and six months ended March 31, 2021, respectively, in satisfaction of our obligation pursuant to the Lease. The Lease provides for the following total lease commitments pursuant to the Lease and we have also provided our expected portion of the lease commitments based on the updated verbal agreement with the landlord: Fiscal Years Ending September 30, Total Lease Commitment Expected Lease Commitment 2022 $ 183,000 $ 60,000 2023 384,000 120,000 2024 97,500 30,000 $ 664,500 $ 210,000 On February 11, 2022, a Complaint and Demand for Jury Trial (the “Complaint”) was filed by a plaintiff (the “Plaintiff”) in the United States District Court for the Eastern District of Pennsylvania. The Complaint named Mastermind, Inc. (“the Company”) and Daniel Dodson, the Company’s Chief Executive Officer, (the “CEO”). The Company and the CEO are collectively referred to herein as “Defendants”. The Complaint includes alleged breach of contract and alleged breach of implied contract by the Defendants related to the Plaintiff’s allegations that he was entitled to 3,000,000 shares of common stock of the Company from the reverse merger transaction completed on February 14, 2018. The Defendants will contest the complaint and believe they will prevail. Other than the above we are not a party to any legal proceedings, other than ordinary routine litigation incidental to our business, which we believe will not have a material effect on our financial position or results of operations.

Income Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2022
Income Taxes
Income Tax	7. Income Taxes Prior to February 14, 2018, the effective date of the Business Combination, no provision for income taxes was made since we were treated as a partnership for income tax purposes and the income or loss was passed through to our members. We are required to file federal and state income tax returns in the United States. The preparation of these tax returns requires us to interpret the applicable tax laws and regulations in effect in such jurisdictions, which could affect the amount of tax paid by us. In consultation with our tax advisors, we base our tax returns on interpretations that are believed to be reasonable under the circumstances. The tax returns, however, are subject to routine reviews by the various federal and state taxing authorities in the jurisdictions in which we file tax returns. As part of these reviews, a taxing authority may disagree with respect to the income tax positions taken by us (“uncertain tax positions”) and, therefore, may require us to pay additional taxes. As required under applicable accounting rules, we accrue an amount for our estimate of additional income tax liability, including interest and penalties, which we could incur as a result of the ultimate or effective resolution of the uncertain tax positions. We account for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences and carry-forwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is established when necessary to reduce deferred tax assets to amounts expected to be realized. There were no unrecognized material tax benefits at March 31, 2022, and September 30, 2021. Our policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. There were no accrued interest or penalties associated with any unrecognized tax benefits, nor was any interest expense recognized during the periods presented. We have determined we have no uncertain tax positions. Tax returns are subject to examination by the federal and state taxing authorities for generally three years after filed. There are no income tax examinations currently in process. The Company files it’s income tax returns on the cash basis of accounting utilizing a December 31 tax year end. Deferred tax assets relating to current liabilities result from accounts payable and accrued expenses which are not currently deductible for tax purposes. Deferred tax liabilities relating to current assets result from accounts receivables and prepaid expenses which are not currently recognized as income for tax reporting purposes. As of March 31, 2022, the Company has approximately $23,000 of net operating loss carryforwards that are available to offset future taxable income. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) was signed into law making significant changes to the Internal Revenue Code. Changes include, but are not limited to, a federal corporate tax rate decrease from 35% to 21% for tax years beginning after December 31, 2017, the transition of U.S international taxation from a worldwide tax system to a territorial system, and a one-time transition tax on the mandatory deemed repatriation of foreign earnings. We have estimated our provision for income taxes in accordance with the Tax Act and guidance available as of the date of this filing.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Mar. 31, 2022
Stockholders' Equity
Stockholders' Equity	8. Stockholders Equity Preferred Stock As of March 31, 2022, and September 30, 2021, we were authorized to issue a total 1,000,000 shares of preferred stock. There were no shares of Preferred Stock issued or outstanding as of March 31, 2022 and September 30, 2021. Common Stock As of March 31, 2022, and September 30, 2021, we were authorized to issue a total of 125,000,000 shares of common stock. As of March 31, 2022, and September 30, 2021, there were 34,505,520 shares of common stock issued and outstanding, respectively. Dividends During the three and six months ended March 31, 2022 and 2021, there were no dividends declared or paid. Common Stock Options As of March 31, 2022, and September 30, 2021, there were fully-vested, non-qualified stock options exercisable by our former chief executive officer and sole director into 525,667 shares of our common stock at an exercise price of $0.15 per share. There were no stock options exercised or issued during the three and six months ended March 31, 2022 and 2021. A 2018 Equity Incentive Plan consisting of four million (4,000,000) shares of Common Stock was also adopted by written consent of holders of 85% of the voting securities. No options or shares have been issued under this plan as of March 31, 2022 and September 30, 2021.

Concentration of Credit Risk an

Concentration of Credit Risk and Major Customers	6 Months Ended
	Mar. 31, 2022
Concentration of Credit Risk and Major Customers
Concentration of Credit Risk and Major Customers	9. Concentration of Credit Risk and Major Customers For the three months ended March 31, 2022, three clients represented approximately 34%, 28% and 11%, respectively, of our total revenues. For the six months ended March 31, 2022, five customers represented approximately 19%, 19% 14%, 12% and 11%, respectively, of our total revenues. As of March 31, 2022, two customers represented approximately 62% and 29%, respectively of our outstanding accounts receivable. For the three months ended March 31, 2021, six clients represented approximately 17%, 17%, 15%, 15%, 11% and 11%, respectively, of our total revenues. For the six months ended March 31, 2021, three customers represented approximately 23%, 14% and 11%, respectively, of our total revenues.

Subsequent Events

Subsequent Events	6 Months Ended
	Mar. 31, 2022
Subsequent Events
Subsequent Events	10. Subsequent Events The Company has evaluated subsequent events through the date the financial statements were issued. The Company has determined that there are no such events that warrant disclosure or recognition in the consolidated financial statements presented herein.

Property Plant and Equipment (T

Property Plant and Equipment (Tables)	6 Months Ended
	Mar. 31, 2022
Property Plant and Equipment (Tables)
Property, Plant and Equipment	March 31, September 30, 2022 2021 Furniture, fixtures and office equipment $ 147,751 $ 145,987 Leasehold improvements 73,795 73,795 Property and equipment, gross 221,546 219,782 Less: accumulated depreciation (171,324 ) (160,287 ) Property and equipment, net $ 50,222 $ 59,495

Licensing Agreements (Tables)

Licensing Agreements (Tables)	6 Months Ended
	Mar. 31, 2022
Licensing Agreements (Tables)
Schedule of Fees Committed to Pay in Consideration for Perpetual License	Fiscal Years Ending September 30, Amount 2022 $ 60,000 2023 60,000 2024 60,000 2025 60,000 2026 120,000 Thereafter 1,560,000 $ 1,920,000

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Mar. 31, 2022
Commitments and Contingencies (Tables)
Schedule of Lease Commitment	Fiscal Years Ending September 30, Total Lease Commitment Expected Lease Commitment 2022 $ 183,000 $ 60,000 2023 384,000 120,000 2024 97,500 30,000 $ 664,500 $ 210,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Jan. 03, 2014	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021	Jan. 03, 2012
Related Party Transaction, Amounts of Transaction				$ 100,000
Related Party Transaction, Expenses from Transactions with Related Party		$ 251,725	$ 150,225	401,950	$ 300,450
Finite-Lived License Agreements, Gross		2,100,000		2,100,000
Landlord [Member]
Lessee, operating lease, term of contract	10 years
Operating Lease, Expense		30,000	30,000	60,000	60,000
Majority Shareholder [Member]
Due to Related Parties, Total						$ 100,000
Licensor [Member]
Operating Lease, Expense		$ 15,000	$ 15,000	$ 30,000	$ 30,000
Finite-Lived License Agreements, Gross							$ 2,100,000

Property and Equipment Schedule

Property and Equipment Schedule of Property and Equipment (Details) - USD ($)	Mar. 31, 2022	Sep. 30, 2021
Consolidated Balance Sheets
Furniture, fixtures and office equipment	$ 147,751	$ 145,987
Leasehold improvements	73,795	73,795
Property and equipment, gross	221,546	219,782
Less: accumulated depreciation	(171,324)	(160,287)
Property and equipment, net	$ 50,222	$ 59,495

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Consolidated Balance Sheets
Depreciation, Total	$ 5,519	$ 5,190	$ 11,037	$ 11,057

Licensing Agreements Perpetual

Licensing Agreements Perpetual Lease (Details) - License Agreement [Member] - Licensor [Member]	Mar. 31, 2022USD ($)
2022	$ 60,000
2023	60,000
2024	60,000
2025	60,000
2026	120,000
Thereafter	1,560,000
Total	$ 1,920,000

Licensing Agreements (Details N

Licensing Agreements (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Consolidated Balance Sheets
Finite-Lived License Agreements, Gross	$ 2,100,000		$ 2,100,000
Prepaid expenses	$ 15,000	$ 15,000	$ 30,000	$ 30,000

Commitments and Contingencies L

Commitments and Contingencies Lease Commitments (Details)	Mar. 31, 2022USD ($)
The Lease [Member]
Lessee, Operating Lease, Liability, to be Paid, Total	$ 664,500
Fiscal year ending September 30, 2022	183,000
Fiscal year ending September 30, 2024	97,500
Fiscal year ending September 30, 2023	384,000
Expected Lease [Member]
Lessee, Operating Lease, Liability, to be Paid, Total	210,000
Fiscal year ending September 30, 2022	60,000
Fiscal year ending September 30, 2024	30,000
Fiscal year ending September 30, 2023	$ 120,000

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative) - USD ($)	Jan. 03, 2014	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Feb. 11, 2022
Loss contingency, damages sought, shares of common stock						3,000,000
Landlord [Member]
Lessee, operating lease, term of contract	10 years
Operating Lease, Expense		$ 30,000	$ 30,000	$ 60,000	$ 60,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	Mar. 31, 2022USD ($)
Consolidated Balance Sheets
Operating Loss Carryforwards, Total	$ 23,000

Stockholders Equity (Details Na

Stockholders Equity (Details Narrative) - $ / shares	Mar. 31, 2022	Sep. 30, 2021
Common Stock, Shares Authorized (in shares)	125,000,000	125,000,000
Common Stock, Shares, Issued, Total (in shares)	34,505,520	34,505,520
Common Stock, Shares, Outstanding, Ending Balance (in shares)	34,505,520	34,505,520
Preferred Stock, Shares Authorized (in shares)	1,000,000	1,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)	525,667	525,667
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance (in dollars per share)	$ 0.15	$ 0.15
The 2018 Equity Incentive Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance (in shares)	4,000,000
Percentage of voting securities	85.00%

Concentration of Credit Risk _2

Concentration of Credit Risk and Major Customers (Details Narrative) - Customer Concentration Risk [Member] - integer	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Revenue from Contract with Customer Benchmark [Member]
Number of Major Customers	2	6	5	3
Revenue from Contract with Customer Benchmark [Member] | Customer 1 [Member]
Concentration Risk, Percentage	28.00%	17.00%	19.00%	23.00%
Revenue from Contract with Customer Benchmark [Member] | Customer 2 [Member]
Concentration Risk, Percentage	11.00%	17.00%	14.00%	14.00%
Revenue from Contract with Customer Benchmark [Member] | Customer 3 [Member]
Concentration Risk, Percentage	34.00%	15.00%	12.00%	11.00%
Revenue from Contract with Customer Benchmark [Member] | Customer 4 [Member]
Concentration Risk, Percentage		15.00%	11.00%
Revenue from Contract with Customer Benchmark [Member] | Customer 5 [Member]
Concentration Risk, Percentage		11.00%	19.00%
Revenue from Contract with Customer Benchmark [Member] | Customer 6 [Member]
Concentration Risk, Percentage		11.00%
Accounts Receivable [Member]
Number of Major Customers	2
Accounts Receivable [Member] | Customer 1 [Member]
Concentration Risk, Percentage	62.00%
Accounts Receivable [Member] | Customer 2 [Member]
Concentration Risk, Percentage	29.00%