Virtual Interactive Technologies (VRVR) 10-K 16 Apr 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Sep. 30, 2023	Apr. 12, 2024	Mar. 31, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--09-30
Entity Registrant Name	Virtual Interactive Technologies Corp.
Entity Central Index Key	0001536089
Entity Tax Identification Number	36-4752858
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	600 17th Street
Entity Address, Address Line Two	Suite 2800 South
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80202
City Area Code	(303)
Local Phone Number	228-7120
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 5,790,160
Entity Common Stock, Shares Outstanding		8,251,276
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	6117
Auditor Name	Pinnacle Accountancy Group of Utah, a DBA of Heaton & Co., PLLC
Auditor Location	Farmington, UT

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2023	Sep. 30, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 40,829	$ 36,378
Royalties receivable	87,614	105,856
Interest receivable		4,586
Prepaid expenses		1,956,215
Note receivable		25,000
Total current assets	128,443	2,128,035
TOTAL ASSETS	128,443	2,128,035
CURRENT LIABILITIES:
Total current liabilities	1,657,558	1,296,376
LONG-TERM LIABILITIES:
Note payable, net of current portion and discounts	10,000	10,000
Interest payable	2,721	2,121
Total long-term liabilities	12,721	12,121
Total liabilities	1,670,279	1,308,497
STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock, $ 0.001 par value; 90,000,000 shares authorized, 8,942,526 issued and 8,251,276 shares outstanding September 30, 2023; 8,100,284 issued and 8,059,034 shares outstanding as of September 30, 2022	8,251	8,059
Additional paid-in-capital	8,094,820	7,595,246
Treasury stock (691,250 shares and 41,250 shares at September 30, 2023 and 2022 respectively, $45,000 and $0 cost at September 30, 2023 and 2022, respectively)	(45,000)
Accumulated deficit	(9,604,313)	(6,786,973)
Total stockholders’ equity (deficit)	(1,541,836)	819,538
Total liabilities and stockholders’ equity (deficit)	128,443	2,128,035
Series A Preferred Stock [Member]
STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred stock value	500	500
Series B Convertible Preferred Stock [Member]
STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred stock value	2,706	2,706
Series C Convertible Preferred Stock [Member]
STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred stock value	1,200
Nonrelated Party [Member]
CURRENT LIABILITIES:
Accounts payable and accrued liabilities	55,386	34,591
Notes payable, current portion net of discounts	1,211,030	262,686
Interest payable	379,142	34,129
Related Party [Member]
CURRENT LIABILITIES:
Accounts payable and accrued liabilities	12,000
Notes payable, current portion net of discounts		741,030
Interest payable		$ 223,940

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	90,000,000	90,000,000
Common stock, shares issued	8,942,526	8,100,284
Common stock, shares outstanding	8,251,276	8,059,034
Treasury stock, shares	691,250	41,250
Treasury stock, cumulative cost	$ 45,000	$ 0
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	50,000	50,000
Preferred stock, shares outstanding	50,000	50,000
Series B Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	270,612	270,612
Preferred stock, shares outstanding	270,612	270,612
Series C Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	1,200,480	0
Preferred stock, shares outstanding	1,200,480	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Revenue – royalties	$ 130,400	$ 144,716
Operating expenses:
Professional fees	2,420,484	854,548
Marketing and advertising	91,155	335,916
Travel, meals and entertainment	33,909	39,897
General and administrative	7,428	18,253
Research and development		16,539
Total operating expenses	2,552,976	1,265,153
Loss from operations	(2,422,576)	(1,120,437)
Other income (expense)
Other income	1,500	1,500
Bad debt expense	(31,086)	(7,754)
Amortization of debt discount	(207,314)	(423,061)
Loss from foreign currency transactions	(1,193)	(996)
Total other expense, net	(394,764)	(535,582)
Net loss	$ (2,817,340)	$ (1,656,019)
Loss per share, fully basic	$ (0.34)	$ (0.23)
Loss per share, fully diluted	$ (0.34)	$ (0.23)
Weighted average number of shares outstanding, basic	8,363,431	7,270,761
Weighted average number of shares outstanding, fully diluted	8,363,431	7,270,761
Previously Reported [Member]
Revenue – royalties		$ 130,626
Operating expenses:
Loss from operations		(1,134,527)
Other income (expense)
Net loss		$ (1,670,109)
Loss per share, fully basic		$ (0.23)
Loss per share, fully diluted		$ (0.23)
Revision of Prior Period, Reclassification, Adjustment [Member]
Revenue – royalties		$ 14,090
Operating expenses:
Loss from operations		14,090
Other income (expense)
Net loss		$ 14,090
Loss per share, fully basic		$ 0
Loss per share, fully diluted		$ 0
Related Party [Member]
Other income (expense)
Interest expense, related party	$ (57,621)	$ (56,343)
Nonrelated Party [Member]
Other income (expense)
Interest expense	$ (99,050)	$ (48,928)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)	Preferred Stock [Member] Series A Preferred Stock [Member]	Preferred Stock [Member] Series B Convertible Preferred Stock [Member]	Preferred Stock [Member] Series C Convertible Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	Series B Convertible Preferred Stock [Member]	Total
Balance, September 30, 2021 (Restated) at Sep. 30, 2021	$ 500	$ 5,956		$ 6,900	$ 4,518,347		$ (5,130,954)		$ (599,251)
Beginning balance, shares at Sep. 30, 2021	50,000	595,612		6,900,284
Stock issued for services				$ 670	1,325,330				1,326,000
Common stock issued for services, shares				670,000
Warrants issued for services					1,286,308				1,286,308
Net loss (Restated)							(1,656,019)		(1,656,019)
Stock issued for cash				$ 40	49,960				50,000
Stock issued for cash, shares				40,000
Stock issued for commitment fee debt discount on notes payable				$ 165	412,335				412,500
Stock issued for commitment fee debt discount on notes payable, shares				165,000
Redemption of previously issued commitment shares				$ (41)	41
Redemption of previously issued commitment shares, shares				(41,250)		41,250
Conversion of preferred B stock to common stock		$ (3,250)		$ 325	2,925
Conversion of preferred B stock to common stock, shares		(325,000)		325,000				325,000
Balance, September 30, 2022 (Restated) at Sep. 30, 2022	$ 500	$ 2,706		$ 8,059	7,595,246		(6,786,973)		819,538
Ending balance, shares at Sep. 30, 2022	50,000	270,612		8,059,034		41,250
Stock issued for services				$ 642	93,733				94,375
Common stock issued for services, shares				642,242
Common stock issued for prepaid services				$ 200	297,800				298,000
Common stock issued for prepaid services, shares				200,000
Cancellation of stock issued for prepaid services				$ (650)	(217,375)	$ (45,000)			(263,025)
Redemption of stock issued for prepaid services, shares				(650,000)		650,000
Cancellation of warrants issued for prepaid services					(283,056)				(283,056)
Warrants issued for services					363,210				363,210
Options issued for services					46,462				46,462
Preferred Series C stock issued for cash			$ 1,200		198,800				200,000
Preferred Series C stock issued for cash, shares			1,200,480
Net loss (Restated)							(2,817,340)		(2,817,340)
Balance, September 30, 2022 (Restated) at Sep. 30, 2023	$ 500	$ 2,706	$ 1,200	$ 8,251	$ 8,094,820	$ (45,000)	$ (9,604,313)		$ (1,541,836)
Ending balance, shares at Sep. 30, 2023	50,000	270,612	1,200,480	8,251,276		691,250

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (2,817,340)	$ (1,656,019)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock issued for services	94,375	497,507
Options issued for services	46,462
Debt discount amortization	207,314	423,061
Bad debt expense	31,086	7,754
Warrants issued for services		158,586
Changes in operating assets and liabilities:
Prepaid expense	2,071,344
Interest receivable	(1,500)	(1,500)
Royalty receivable	18,242	18,096
Accounts payable and accrued liabilities	20,795	(2,423)
Accounts payable and accrued liabilities, related party	12,000
Accrued interest payable, related party	(223,940)	56,343
Accrued interest payable	345,613	34,159
Net cash used in operating activities	(195,549)	(464,436)
CASH FLOWS FROM INVESTING ACTIVITIES:
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from notes payable		434,750
Proceeds from sale of preferred stock	200,000
Proceeds from sale of common stock		50,000
Payment on notes payable, related parties		(235,000)
Net cash provided by financing activities	200,000	249,750
Net change in cash and cash equivalents	4,451	(214,686)
Cash and cash equivalents, beginning of year	36,378	251,064
Cash and cash equivalents, end of year	40,829	36,378
Supplemental disclosure of cash flow information:
Interest paid	35,000	14,769
Income taxes paid
Non-cash Investing and Financing Activities:
Original issue debt discount on notes payable		35,250
Common stock issued for commitment fee debt discount on note payable		412,500
Cancellation of shares issued for prepaid services	218,025
Cancellation of warrants issued for prepaid services	283,056
Purchase of common stock from cancellation of services	45,000
Warrants issued for prepaid expenses	363,210	1,286,308
Common stock issued for prepaid expenses	$ 298,000	$ 945,000

Nature of Business

Nature of Business	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Nature of Business	Note 1 – Nature of Business Nature of Business Virtual Interactive Technologies Corp. (OTCPINK: VRVR) (“VIT”) or (“the Company”) is a next generation game and metaverse developer that creates immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company’s newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, “global Prosperity space” (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The result would be a metaverse game for the glamourous world of Wall Street, High-Speed trading involving community building, quantified self, and NFTs – a pure adrenal rush! In addition, the Company continues to build on its successful catalog that includes Carmageddon Max Damage, Carmageddon Crashers, Interplanetary: Enhanced Edition, Catch & Release, and Worbitol. The Company also entered into a joint development partnership with Duane Lee “Dog” Chapman, of the “Dog The Bounty Hunter” fame, to develop and promote multiple games across several platforms. For more information, please visit www.vrvrcorp.com. Going Concern The accompanying consolidated financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“US GAAP”), which contemplates the Company’s continuation as a going concern. The Company has not established profitable operations and has incurred significant losses since its inception. The Company’s plan is to grow significantly over the next few years through strategic game development partnerships, through internal game development and through the acquisition of independent game development companies globally. The Company has taken much of the cash flow from its first royalty agreement and has invested in royalty agreements for the development of several other video games. By continuing to reinvest these royalties into agreements to develop new games, along with actively managing corporate overhead, management’s plan is to substantially increase its video game royalty portfolio and cash flow over the next several years. The Company intends to continue to grow its game portfolio over the next several years, focusing on console games, virtual reality games and mobile games. There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or debt financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or debt financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail or cease its operations. Due to uncertainties related to these matters, there exists a substantial doubt about the ability of the Company to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern. The COVID-19 pandemic could have an impact on our ability to obtain financing to fund the operations. The Company is unable to predict the ultimate impact at this time.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Basis of Presentation and Consolidation The accompanying consolidated financial statements herein contain the operations of VRVR and its wholly-owned subsidiaries AIG Inc and AIG Ltd (collectively, the “Company”) as of and for the years ended September 30, 2023 and 2022. The financial statements include all adjustments and intercompany eliminations which are, in the opinion of management, necessary to present fairly the consolidated financial position, results of operations and cash flows for the periods presented in accordance with the accounting principles generally accepted in the United States of America US GAAP. In the opinion of management, all adjustments considered necessary for a fair presentation of the consolidated results of operations and financial position have been included and all such adjustments are of a normal recurring nature. The Company’s headquarters are located in Denver, Colorado and substantially all of its customers are outside the United States. Fair Value of Financial Instruments The Company accounts for fair value measurements in accordance with Accounting Standards Codification (“ASC”) ASC 820-10-50, “ Fair Value Measurements.” - Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. - Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. - Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement. The Company’s financial instruments consist of cash, royalties receivable, prepaid expenses, note receivable, interest receivable, accounts payable and accrued expenses, and notes payable. The carrying value of these financial instruments approximates fair value due to the stated face values and short-term nature of the instruments. Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with original maturities of three months or less to be cash equivalents. The Company had no Royalty Contracts and Research and Development Costs The Company enters into agreements with third-party developers that require us to make payments for game development and production services. In exchange for our payments, we receive the exclusive publishing and distribution rights to the finished game titles as well as, in some cases, the underlying intellectual property rights. Such agreements typically allow us to fully recover these payments, plus a profit, to the developers at an agreed-upon royalty rate earned on the subsequent sales of such software, net of any agreed-upon costs. Prior to establishing technological feasibility of a product, we record any costs incurred by third-party developers as research and development expenses. Subsequent to establishing technological feasibility of a product, we capitalize all development and production service payments to third-party developers as royalty contracts. The Company had no Long-Lived Assets The Company evaluates the recoverability of long-lived assets whenever events or changes in circumstances indicate that an asset’s carrying amount may not be recoverable. Such circumstances could include, but are not limited to, (1) a significant decrease in the market value of an asset, (2) a significant adverse change in the extent or manner in which an asset is used, or (3) an accumulation of costs significantly in excess of the amount originally expected for the acquisition of an asset. The Company compares the carrying amount of the asset against the estimated undiscounted future cash flows associated with it. Should the sum of the expected future net cash flows be less than the carrying value of the asset being evaluated, an impairment loss would be recognized. The impairment loss would be calculated as the amount by which the carrying value of the asset exceeds its estimated fair value. There was no Revenue Recognition The Company follows the guidance contained in ASC 606, “Revenue Recognition Revenue - Royalties The Company enters into agreements with third-party developers that require us to make payments for game development and production services. In exchange for our payments, we receive the exclusive publishing and distribution rights to the finished game titles as well as, in some cases, the underlying intellectual property rights. The Company has several contracts with video game developers that entitle us to royalty streams as a percentage of revenues generated by the game sales, which vary from contract to contract. As of September 30, 2023, the Company has four royalty contracts with three developers that are generating royalty revenue. Once a game has been developed and has met the terms of the underlying royalty agreement, the game is released for commercial sales. Per each contract, the Company will receive reports on a regular basis from the game developers’ sales platforms that identify the amount of game sales, from which consideration expected to be collected from the commercial customers is computed based on the applicable royalty percentages. Royalty revenue is based on a percentage of net receipts as defined in each customer agreement and is recognized in accordance with the sale-based royalty provisions of ASC 606, which requires revenue recognition after the subsequent sales occur. The Company’s performance obligation under each royalty contract as an investor in the game is complete once funds are advanced to the gaming developer. Subsequent consideration is then received by the Company from the developers in the amount of the Company’s percentage fee of royalty income (net receipts) received by the customer. Net receipts include all gross revenues received by the customer as a result of sales of the games or related exploitation less certain taxes, refunds, manufacturing costs, freight, and other items specified in the underlying contract. During the years ended September 30, 2023 and 2022, the Company recognized revenue from royalties of $ 130,400 144,716 Royalties Receivable The Company provides an allowance for doubtful accounts equal to the estimated uncollectible royalties. The Company’s estimate is based on historical collection experience and a review of the current status of royalties receivable. It is reasonably possible that the Company’s estimate of the allowance for doubtful accounts will change and that losses ultimately incurred could differ materially from the amounts estimated in determining the allowance. The Company had royalties receivable of $ 87,614 105,856 Foreign Currency The Company’s functional currency is the US dollar. With the exception of stockholders’ equity (deficit), all transactions that are originally denominated in foreign currency are translated to US dollars by our international customers, on a monthly basis, when recognized by them and prior to paying royalties to the Company. All royalty revenues that are received and recognized by the Company are recorded in US dollars. The Company has a Euro currency bank account located in Bermuda. This account is used for payments to vendors that bill the Company in a currency other than US dollars and for funds received from shareholders located outside the United States. As of September 30, 2023 and 2022, the Euro account had a balance of $ 250 20,495 Foreign currency translation gains/losses are recorded in accumulated other comprehensive income (“AOCI”) based on exchange rates prevalent on reporting dates for balance sheet items, and at weighted average exchange rates during the reporting period for the consolidated statements of operations. Foreign currency transaction gains/losses are recorded as other income (expense) in the period of settlement. No AOCI items were present during the years ended September 30, 2023 and 2022, as all consolidated financial statement items were denominated in the US dollar. Minimal gain (loss) from foreign currency transactions during the years ended September 30, 2023 and 2022 totaled $ (1,193) (996) Use of Estimates The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as revenues and expenses reported for the period presented. The most significant estimates relate to the useful life and impairment of intangible assets and allowance for doubtful accounts. The Company regularly will assess these estimates and, while actual results may differ, management believes that the estimates are reasonable. Concentration of Credit Risk Some of our US dollar balances are held in a Bermuda bank that is not insured. As of September 30, 2023 and 2022, uninsured deposits in the Bermuda bank totaled $ 250 20,495 250,000 Income Taxes The Company did not accrue corporate income taxes for AIG Ltd, as it is incorporated in the country of Bermuda where there is no corporate income tax. The Company has been subject to US Federal and state income taxes commencing during the year ended September 30, 2020, due to its business combinations with two US companies. Deferred taxes for the VRVR (Nevada) and AIG Inc (Colorado) are provided on a liability method in accordance with ASC 740, “Income Taxes,” Net Income (Loss) Per Share In accordance with ASC 260 “Earnings per Share,” 325,000 325,000 270,612 1,200,481 0.1666 1,200,481 900,000 900,000 0 1,000,000 1.25 376,000 0.15 0.15 3,133,333 Schedule of Anti-dilutive Securities from Computation of Shares September 30, 2023 September 30, 2022 Basic weighted average shares outstanding 8,363,431 7,270,761 If-converted shares, Series B preferred shares 270,612 270,612 If-converted shares, Series C preferred shares 1,200,481 - If-converted shares, Warrants - 900,000 If-converted shares, Options 1,000,000 - If-converted shares, Convertible Notes 3,133,333 376,000 Diluted weighted average common shares outstanding 13,967,857 8,817,373 Stock-Based Compensation The Company accounts for equity awards issued to employees and non-employees for services rendered in accordance with the provisions of ASC 718, “Compensation - Stock Compensation.” Recent Account Pronouncements The Company has evaluated all recently issued or enacted accounting pronouncements, and has determined that all such pronouncements either do not apply or their impact is insignificant to the financial statements.

Restatement

Restatement	12 Months Ended
	Sep. 30, 2023
Accounting Changes and Error Corrections [Abstract]
Restatement	Note 3 - Restatement Restatement Effect on Previously-Issued Financial Statements In connection with the preparation of the September 30, 2023 consolidated financial statements, the Company determined that there was an error with respect to recognizing 2021 and 2022 revenue in the correct fiscal period. The 2021 revenue adjustment was posted directly to retained earnings. Accordingly, the Company has restated the consolidated financial statements for the year ended September 30, 2022 as shown in the tables below. Schedule of Restatement Effect on Previously Issued Financial Statements As Reported Adjustment Restated As of September 30, 2022 Consolidated Balance Sheet As Reported Adjustment Restated Royalties receivable $ 83,644 $ 22,212 $ 105,856 Total current assets 2,105,823 22,212 2,128,035 Total assets 2,105,823 22,212 2,128,035 Accumulated deficit (6,809,185 ) 22,212 (6,786,973 ) Total stockholders’ equity 797,326 22,212 819,538 Total liabilities and stockholders’ equity 2,105,823 22,212 2,128,035 As Reported Adjustment Restated For the Year Ended September 30, 2022 Consolidated Statement of Operations As Reported Adjustment Restated Revenue - royalties $ 130,626 $ 14,090 $ 144,716 Loss from operations (1,134,527 ) 14,090 (1,120,437 ) Net loss (1,670,109 ) 14,090 (1,656,019 ) Loss per share, basic and fully diluted (0.23 ) 0.00 (0.23 ) Reported Adjustment Restated For the Year Ended September 30, 2022 Consolidated Statement of Cash Flows Reported Adjustment Restated Net loss $ (1,670,109 ) $ 14,090 $ (1,656,019 ) Adjustments to reconcile net loss to net cash provided by operating activities: Royalties receivable 32,186 (14,090 ) 18,096

Royalty Contracts (Restated)

Royalty Contracts (Restated)	12 Months Ended
	Sep. 30, 2023
Royalty Contracts
Royalty Contracts (Restated)	Note 4 - Royalty Contracts (Restated) The Company has valued their acquired royalty contracts with customers using the “lower of cost or net realizable value” method. Ultimately the market value of the contracts is equal to the present value of the anticipated future cash flow. Royalty contracts are amortized over the life of the contact (generally three-to-five years). Management assesses the value of each royalty contract asset on an annual basis and should it be apparent that the market value of the royalty contract becomes less than the carrying value, the Company would then recognize an impairment of the asset at that time. The Company’s royalty contracts had been fully amortized by September 30, 2019. As such, no The Company has three major royalty agreements (Customer A, Customer B and Customer C). Customer A represented approximately 20 % and 77 %, Customer B represented approximately 10 % and 9 %, and Customer C represented approximately 70% and 14 % of royalty receivable and revenues, respectively, as of and for the year ended September 30, 2023. Customer A represented approximately 21 % and 54 %, Customer B represented approximately 5 25 74 21

Stockholders_ Equity (Deficit)

Stockholders’ Equity (Deficit)	12 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Stockholders’ Equity (Deficit)	Note 5. Stockholders’ Equity (Deficit) The Company’s common stock is quoted under the symbol “VRVR” on the OTC Pink tier operated by OTC Markets Group, Inc. To date, an active trading market for the Company’s common stock has not developed. Treasury Stock The Company accounts for treasury stock using the cost method. During the year ended September 30, 2022, the Company acquired 41,250 0 41,250 0 During the three months ended June 30, 2023, the Company acquired 200,000 0 200,000 450,000 45,000 450,000 At September 30, 2023 and 2022, the Company held 691,250 41,250 45,000 0 Common Stock The Company is authorized to issue 90,000,000 0.001 8,942,526 8,251,276 691,250 8,100,284 8,059,034 41,250 On August 16, 2022, the Company entered into a one-year agreement with two groups to assist the Company with creating interactive gaming and entertainment experiences, including metaverse, utilizing blockchain and Non-Fungible Tokens, as well as assisting the Company with investor and public relations. As part of the agreement, each group received 225,000 2.10 945,000 450,000 45,000 430,050 On October 26, 2022, the Company entered into a one-year agreement with a group to assist the Company with creating a customized positive investment image and communicate that image to the investment community. As part of the agreement, they received 200,000 1.49 298,000 200,000 201,660 96,340 On November 28, 2022, the Company entered into a four-month agreement with a group to assist the Company with a product awareness program and to conduct customer lead generation activities. Under the agreement the Company agreed to issue the group 12,500 12,500 1.19 14,875 On June 5, 2023, the Company’s Board of Directors approved the grant of 530,000 0.15 79,500 Preferred Stock The Company is authorized to issue 10,000,000 0.01 0.01 0.001 50,000 At September 30, 2022, the Company converted 325,000 shares of Series B convertible preferred stock to 325,000 shares of common stock On July 14, 2023 the Company sold 1,200,481 shares of its Series C Preferred Stock to a private investor for $ 0.1666 per share, raising an aggregate amount of $ 200,000 . Warrants In connection with the August 16, 2022 agreements under “Common Stock” above, the Company issued an one-year warrant to purchase 225,000 1.00 225,000 1.00 1 2 109.88 3.28 1,286,308 900,000 962,088 165,634 In connection with the October 26, 2022 agreement under “Common Stock” above, the Company issued a one-year warrant to purchase 200,000 1.00 200,000 1.00 363,210 1 2 111.16 4.75 400,000 245,789 117,421 The following table reflects a summary of common stock warrants outstanding and warrant activity during the year ended September 30, 2023: Schedule of Common Stock Warrants Outstanding and Warrant Activity Underlying Shares Weighted Average Exercise Price Weighted Average Warrants outstanding at September 30, 2022 900,000 1.00 1.38 Granted 400,000 1.00 1.07 Exercised - - - Forfeited (1,300,000 ) 1.00 - Warrants outstanding and exercisable at September 30, 2023 - $ 1.00 - The intrinsic value of warrants outstanding as of September 30, 2023 was approximately $ 0 Options In connection with a consulting agreement with the Company’s new Director dated June 5, 2023, the Company issued a ten-year option to purchase 1,000,000 0.15 250,000 250,000 148,679 10 163.36 3.66 46,462 Schedule of Option Activity Underlying Shares Weighted Average Exercise Price Weighted Average Options outstanding at September 30, 2022 - - - Granted 1,000,000 .15 9.69 Exercised - - - Forfeited - - - Options outstanding and exercisable at September 30, 2023 1,000,000 $ .15 9.69 Options exercisable at September 30, 2023 250,000 .15 9.69 The intrinsic value of options outstanding as of September 30, 2023 was $ 360,000

Notes Payable

Notes Payable	12 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Notes Payable	Note 6. Notes Payable On March 29, 2018, the Company issued a $ 750,000 6 December 31, 2022 741,030 281,561 On March 20, 2019, an unrelated individual loaned VRVR $ 10,000 6 March 20, 2024 10,000 2,721 2,121 On September 23, 2021, an unrelated third party loaned VRVR $ 235,000 217,375 17,625 12.5 March 23, 2022 82,500 2.00 165,000 41,250 235,000 571 235,000 1,958 236,958 12,811 14,769 0 41,250 0 On March 15, 2022, an unrelated third party loaned VRVR $ 235,000 217,375 17,625 15 March 15, 2023 235,000 54,468 1.25 0.15 0.15 17,500 October 31, 2023 5,000 March 31, 2024 On March 21, 2022, an unrelated third party, loaned VRVR $ 235,000 217,375 17,625 12 March 21, 2023 235,000 43,111 1.25 0.15 0.15 17,500 October 31, 2023 5,000 March 31, 2024 Debt discount amortization on the above notes totaled $ 207,314 423,061 0 207,314

Related Party Transactions

Related Party Transactions	12 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 7. Related Party Transactions Note Payable, Related Party On March 29, 2018, the Company issued a $ 750,000 , unsecured promissory note to the Company’s CEO for a potential acquisition and working capital. The note carries an interest rate of 6 % per annum, compounding annually, and matures on December 31, 2022 . All principal and interest are due at maturity and there is no prepayment penalty for early repayment of the note. In July 2023, this promissory note was purchased by a non-related entity. As of September 30, 2023 and 2022, total balance on the debt was $ 0 741,030 and accrued interest totaled $ 223,940 . On September 30, 2023, the Company owed its Chief Financial Officer $12,000 Stock-Based Compensation The Company issued common stock for services to officers and directors during the years ended September 30, 2023 and 2022 as disclosed in Note 4.

Note Receivable

Note Receivable	12 Months Ended
	Sep. 30, 2023
Note Receivable
Note Receivable	Note 8. Note Receivable On December 11, 2019, the Company issued a $ 25,000 , unsecured promissory note receivable to a non-related entity. The note carries an interest rate of 6 % per annum and is due on demand. There is no prepayment penalty for early repayment of the note. As of September 30, 2023 and 2022, accrued interest was $ 6,086 and $ 4,586 , respectively; however, as of September 30, 2023, the Company recorded a bad debt reserve against the note receivable and interest receivable in the amount of $ 31,086 .

Convertible Note Receivable

Convertible Note Receivable	12 Months Ended
	Sep. 30, 2023
Convertible Note Receivable
Convertible Note Receivable	Note 9. Convertible Note Receivable On November 20, 2020, the Company invested $ 7,500 November 20, 2022 4 1.25 7,500 254

Federal Income Tax

Federal Income Tax	12 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Federal Income Tax	Note 10. Federal Income Tax The Company accounts for income taxes under ASC 740-10, which provides for an asset and liability approach of accounting for income taxes. Under this approach, deferred tax assets and liabilities are recognized based on anticipated future tax consequences, using currently enacted tax laws, attributed to temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts are calculated for income tax purposes. The provision (benefit) for income taxes for the years ended September 30, 2023, and 2022, assumes a statutory 21 Schedule of Effective Income Tax Rate 2023 2022 Federal tax statutory rate 21 % 21 % Temporary differences 0 % 0 % Permanent differences (3 )% (39 )% Valuation Allowance (18 )% 18 % Effective income tax rate 0 % 0 % The Company had deferred income tax assets as of September 30, 2023 and 2022, as follows: Schedule of Deferred Income Tax Assets 2023 2022 Deferred Tax Assets Net operating loss carryforwards $ 967,000 $ 375,000 Temporary differences - - Permanent differences (695,000 ) (622,000 ) Valuation allowance (272,000 ) 247,000 Net deferred tax assets $ - $ - The Company provides for a valuation allowance when it is more likely than not that it will not realize a portion of the deferred tax assets. The Company has established a valuation allowance against the net deferred tax asset due to the uncertainty that enough taxable income will be generated in those taxing jurisdictions to utilize the assets. Therefore, the Company has not reflected any benefit of such deferred tax assets in the accompanying financial statements. The Company’s net deferred tax asset and valuation allowance decreased by $ 519,000 290,000 in the fiscal year ended September 30, 2022. At September 30, 2023, the Company had approximately $ 4,602,205 in federal net operating loss carryforwards. These carry forwards are allowed to be carried forward indefinitely and are to be limited to 80 % of the taxable income. The remaining amount can be carried forward for 20 years with no income limitation. Pursuant to Internal Revenue Code Section 382, the future utilization of the Company’s net operating loss carryforwards to offset future taxable income may be subject to an annual limitation as a result of ownership changes that may have occurred previously or that could occur in the future. As of September 30, 2023, the Company had no uncertain tax positions, or interest and penalties, that qualify for either recognition or disclosure in the financial statements. The company is subject to U.S. federal, state, and local income tax examinations by tax authorities for years 2020 through 2022. The tax return for the fiscal year ended September 30, 2023, has not yet been filed.

Subsequent Events

Subsequent Events	12 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 11. Subsequent Events The Company has evaluated events occurring subsequent to September 30, 2023 through the date these financial statements were issued and noted no additional events requiring disclosure.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The accompanying consolidated financial statements herein contain the operations of VRVR and its wholly-owned subsidiaries AIG Inc and AIG Ltd (collectively, the “Company”) as of and for the years ended September 30, 2023 and 2022. The financial statements include all adjustments and intercompany eliminations which are, in the opinion of management, necessary to present fairly the consolidated financial position, results of operations and cash flows for the periods presented in accordance with the accounting principles generally accepted in the United States of America US GAAP. In the opinion of management, all adjustments considered necessary for a fair presentation of the consolidated results of operations and financial position have been included and all such adjustments are of a normal recurring nature. The Company’s headquarters are located in Denver, Colorado and substantially all of its customers are outside the United States.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company accounts for fair value measurements in accordance with Accounting Standards Codification (“ASC”) ASC 820-10-50, “ Fair Value Measurements.” - Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. - Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. - Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement. The Company’s financial instruments consist of cash, royalties receivable, prepaid expenses, note receivable, interest receivable, accounts payable and accrued expenses, and notes payable. The carrying value of these financial instruments approximates fair value due to the stated face values and short-term nature of the instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with original maturities of three months or less to be cash equivalents. The Company had no
Royalty Contracts and Research and Development Costs	Royalty Contracts and Research and Development Costs The Company enters into agreements with third-party developers that require us to make payments for game development and production services. In exchange for our payments, we receive the exclusive publishing and distribution rights to the finished game titles as well as, in some cases, the underlying intellectual property rights. Such agreements typically allow us to fully recover these payments, plus a profit, to the developers at an agreed-upon royalty rate earned on the subsequent sales of such software, net of any agreed-upon costs. Prior to establishing technological feasibility of a product, we record any costs incurred by third-party developers as research and development expenses. Subsequent to establishing technological feasibility of a product, we capitalize all development and production service payments to third-party developers as royalty contracts. The Company had no
Long-Lived Assets	Long-Lived Assets The Company evaluates the recoverability of long-lived assets whenever events or changes in circumstances indicate that an asset’s carrying amount may not be recoverable. Such circumstances could include, but are not limited to, (1) a significant decrease in the market value of an asset, (2) a significant adverse change in the extent or manner in which an asset is used, or (3) an accumulation of costs significantly in excess of the amount originally expected for the acquisition of an asset. The Company compares the carrying amount of the asset against the estimated undiscounted future cash flows associated with it. Should the sum of the expected future net cash flows be less than the carrying value of the asset being evaluated, an impairment loss would be recognized. The impairment loss would be calculated as the amount by which the carrying value of the asset exceeds its estimated fair value. There was no
Revenue Recognition	Revenue Recognition The Company follows the guidance contained in ASC 606, “Revenue Recognition Revenue - Royalties The Company enters into agreements with third-party developers that require us to make payments for game development and production services. In exchange for our payments, we receive the exclusive publishing and distribution rights to the finished game titles as well as, in some cases, the underlying intellectual property rights. The Company has several contracts with video game developers that entitle us to royalty streams as a percentage of revenues generated by the game sales, which vary from contract to contract. As of September 30, 2023, the Company has four royalty contracts with three developers that are generating royalty revenue. Once a game has been developed and has met the terms of the underlying royalty agreement, the game is released for commercial sales. Per each contract, the Company will receive reports on a regular basis from the game developers’ sales platforms that identify the amount of game sales, from which consideration expected to be collected from the commercial customers is computed based on the applicable royalty percentages. Royalty revenue is based on a percentage of net receipts as defined in each customer agreement and is recognized in accordance with the sale-based royalty provisions of ASC 606, which requires revenue recognition after the subsequent sales occur. The Company’s performance obligation under each royalty contract as an investor in the game is complete once funds are advanced to the gaming developer. Subsequent consideration is then received by the Company from the developers in the amount of the Company’s percentage fee of royalty income (net receipts) received by the customer. Net receipts include all gross revenues received by the customer as a result of sales of the games or related exploitation less certain taxes, refunds, manufacturing costs, freight, and other items specified in the underlying contract. During the years ended September 30, 2023 and 2022, the Company recognized revenue from royalties of $ 130,400 144,716 Royalties Receivable The Company provides an allowance for doubtful accounts equal to the estimated uncollectible royalties. The Company’s estimate is based on historical collection experience and a review of the current status of royalties receivable. It is reasonably possible that the Company’s estimate of the allowance for doubtful accounts will change and that losses ultimately incurred could differ materially from the amounts estimated in determining the allowance. The Company had royalties receivable of $ 87,614 105,856
Foreign Currency	Foreign Currency The Company’s functional currency is the US dollar. With the exception of stockholders’ equity (deficit), all transactions that are originally denominated in foreign currency are translated to US dollars by our international customers, on a monthly basis, when recognized by them and prior to paying royalties to the Company. All royalty revenues that are received and recognized by the Company are recorded in US dollars. The Company has a Euro currency bank account located in Bermuda. This account is used for payments to vendors that bill the Company in a currency other than US dollars and for funds received from shareholders located outside the United States. As of September 30, 2023 and 2022, the Euro account had a balance of $ 250 20,495 Foreign currency translation gains/losses are recorded in accumulated other comprehensive income (“AOCI”) based on exchange rates prevalent on reporting dates for balance sheet items, and at weighted average exchange rates during the reporting period for the consolidated statements of operations. Foreign currency transaction gains/losses are recorded as other income (expense) in the period of settlement. No AOCI items were present during the years ended September 30, 2023 and 2022, as all consolidated financial statement items were denominated in the US dollar. Minimal gain (loss) from foreign currency transactions during the years ended September 30, 2023 and 2022 totaled $ (1,193) (996)
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as revenues and expenses reported for the period presented. The most significant estimates relate to the useful life and impairment of intangible assets and allowance for doubtful accounts. The Company regularly will assess these estimates and, while actual results may differ, management believes that the estimates are reasonable.
Concentration of Credit Risk	Concentration of Credit Risk Some of our US dollar balances are held in a Bermuda bank that is not insured. As of September 30, 2023 and 2022, uninsured deposits in the Bermuda bank totaled $ 250 20,495 250,000
Income Taxes	Income Taxes The Company did not accrue corporate income taxes for AIG Ltd, as it is incorporated in the country of Bermuda where there is no corporate income tax. The Company has been subject to US Federal and state income taxes commencing during the year ended September 30, 2020, due to its business combinations with two US companies. Deferred taxes for the VRVR (Nevada) and AIG Inc (Colorado) are provided on a liability method in accordance with ASC 740, “Income Taxes,”
Net Income (Loss) Per Share	Net Income (Loss) Per Share In accordance with ASC 260 “Earnings per Share,” 325,000 325,000 270,612 1,200,481 0.1666 1,200,481 900,000 900,000 0 1,000,000 1.25 376,000 0.15 0.15 3,133,333 Schedule of Anti-dilutive Securities from Computation of Shares September 30, 2023 September 30, 2022 Basic weighted average shares outstanding 8,363,431 7,270,761 If-converted shares, Series B preferred shares 270,612 270,612 If-converted shares, Series C preferred shares 1,200,481 - If-converted shares, Warrants - 900,000 If-converted shares, Options 1,000,000 - If-converted shares, Convertible Notes 3,133,333 376,000 Diluted weighted average common shares outstanding 13,967,857 8,817,373
Stock-Based Compensation	Stock-Based Compensation The Company accounts for equity awards issued to employees and non-employees for services rendered in accordance with the provisions of ASC 718, “Compensation - Stock Compensation.”
Recent Account Pronouncements	Recent Account Pronouncements The Company has evaluated all recently issued or enacted accounting pronouncements, and has determined that all such pronouncements either do not apply or their impact is insignificant to the financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Schedule of Anti-dilutive Securities from Computation of Shares	Schedule of Anti-dilutive Securities from Computation of Shares September 30, 2023 September 30, 2022 Basic weighted average shares outstanding 8,363,431 7,270,761 If-converted shares, Series B preferred shares 270,612 270,612 If-converted shares, Series C preferred shares 1,200,481 - If-converted shares, Warrants - 900,000 If-converted shares, Options 1,000,000 - If-converted shares, Convertible Notes 3,133,333 376,000 Diluted weighted average common shares outstanding 13,967,857 8,817,373

Restatement (Tables)

Restatement (Tables)	12 Months Ended
	Sep. 30, 2023
Accounting Changes and Error Corrections [Abstract]
Schedule of Restatement Effect on Previously Issued Financial Statements	Schedule of Restatement Effect on Previously Issued Financial Statements As Reported Adjustment Restated As of September 30, 2022 Consolidated Balance Sheet As Reported Adjustment Restated Royalties receivable $ 83,644 $ 22,212 $ 105,856 Total current assets 2,105,823 22,212 2,128,035 Total assets 2,105,823 22,212 2,128,035 Accumulated deficit (6,809,185 ) 22,212 (6,786,973 ) Total stockholders’ equity 797,326 22,212 819,538 Total liabilities and stockholders’ equity 2,105,823 22,212 2,128,035 As Reported Adjustment Restated For the Year Ended September 30, 2022 Consolidated Statement of Operations As Reported Adjustment Restated Revenue - royalties $ 130,626 $ 14,090 $ 144,716 Loss from operations (1,134,527 ) 14,090 (1,120,437 ) Net loss (1,670,109 ) 14,090 (1,656,019 ) Loss per share, basic and fully diluted (0.23 ) 0.00 (0.23 ) Reported Adjustment Restated For the Year Ended September 30, 2022 Consolidated Statement of Cash Flows Reported Adjustment Restated Net loss $ (1,670,109 ) $ 14,090 $ (1,656,019 ) Adjustments to reconcile net loss to net cash provided by operating activities: Royalties receivable 32,186 (14,090 ) 18,096

Stockholders_ Equity (Deficit)

Stockholders’ Equity (Deficit) (Tables)	12 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Schedule of Common Stock Warrants Outstanding and Warrant Activity	The following table reflects a summary of common stock warrants outstanding and warrant activity during the year ended September 30, 2023: Schedule of Common Stock Warrants Outstanding and Warrant Activity Underlying Shares Weighted Average Exercise Price Weighted Average Warrants outstanding at September 30, 2022 900,000 1.00 1.38 Granted 400,000 1.00 1.07 Exercised - - - Forfeited (1,300,000 ) 1.00 - Warrants outstanding and exercisable at September 30, 2023 - $ 1.00 -
Schedule of Option Activity	Schedule of Option Activity Underlying Shares Weighted Average Exercise Price Weighted Average Options outstanding at September 30, 2022 - - - Granted 1,000,000 .15 9.69 Exercised - - - Forfeited - - - Options outstanding and exercisable at September 30, 2023 1,000,000 $ .15 9.69 Options exercisable at September 30, 2023 250,000 .15 9.69

Federal Income Tax (Tables)

Federal Income Tax (Tables)	12 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate	Schedule of Effective Income Tax Rate 2023 2022 Federal tax statutory rate 21 % 21 % Temporary differences 0 % 0 % Permanent differences (3 )% (39 )% Valuation Allowance (18 )% 18 % Effective income tax rate 0 % 0 %
Schedule of Deferred Income Tax Assets	The Company had deferred income tax assets as of September 30, 2023 and 2022, as follows: Schedule of Deferred Income Tax Assets 2023 2022 Deferred Tax Assets Net operating loss carryforwards $ 967,000 $ 375,000 Temporary differences - - Permanent differences (695,000 ) (622,000 ) Valuation allowance (272,000 ) 247,000 Net deferred tax assets $ - $ -

Schedule of Anti-dilutive Secur

Schedule of Anti-dilutive Securities from Computation of Shares (Details) - shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Accounting Policies [Abstract]
Basic weighted average shares outstanding	8,363,431	7,270,761
If-converted shares, Series B preferred shares	270,612	270,612
If-converted shares, Series C preferred shares	1,200,481
If-converted shares, Warrants		900,000
If-converted shares, Options	1,000,000
If-converted shares, Convertible Notes	3,133,333	376,000
Diluted weighted average common shares outstanding	13,967,857	8,817,373

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)			12 Months Ended
	Jul. 14, 2023	Jun. 05, 2023	Sep. 30, 2023	Sep. 30, 2022	Mar. 31, 2022
Property, Plant and Equipment [Line Items]
Cash equivalents			$ 0	$ 0
Capitalizable research and development costs			0	0
Impairment loss			0	0
Revenue from royalties			130,400	144,716
Royalties receivable			87,614	105,856
Cash			250	20,495
Gain (loss) from foreign currency transactions			$ (1,193)	$ (996)
Share price		$ 0.15			$ 1.25
Warrants, issued			900,000	0
Warrants, outstanding			900,000	0
Conversion rate per share		$ 0.15
Convertible Notes [Member]
Property, Plant and Equipment [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			3,133,333	376,000
Common Stock [Member]
Property, Plant and Equipment [Line Items]
Conversion of preferred B stock to common stock, shares				325,000
Warrants to purchase common stock				900,000
Option to purchase common stock		1,000,000
Series B Convertible Preferred Stock [Member]
Property, Plant and Equipment [Line Items]
Conversion of preferred B stock to common stock, shares				325,000
Preferred stock, shares issued			270,612	270,612
Preferred stock, shares outstanding			270,612	270,612
Series C Preferred Stock [Member]
Property, Plant and Equipment [Line Items]
Preferred stock, shares issued			1,200,481
Preferred stock, shares outstanding			1,200,481
Number of shares sold	1,200,481
Share price	$ 0.1666
Maximum [Member]
Property, Plant and Equipment [Line Items]
Cash, FDIC insured amount			$ 250,000
Bermuda Bank [Member]
Property, Plant and Equipment [Line Items]
Cash, uninsured deposits			$ 250	$ 20,495

Schedule of Restatement Effect

Schedule of Restatement Effect on Previously Issued Financial Statements (Details) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Royalties receivable	$ 87,614	$ 105,856
Total current assets	128,443	2,128,035
Total assets	128,443	2,128,035
Accumulated deficit	(9,604,313)	(6,786,973)
Total stockholders’ equity	(1,541,836)	819,538	$ (599,251)
Total liabilities and stockholders’ equity	128,443	2,128,035
Revenue - royalties	130,400	144,716
Loss from operations	(2,422,576)	(1,120,437)
Net loss	(2,817,340)	(1,656,019)
Adjustments to reconcile net loss to net cash provided by operating activities:
Royalties receivable	$ 18,242	18,096
Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Royalties receivable		83,644
Total current assets		2,105,823
Total assets		2,105,823
Accumulated deficit		(6,809,185)
Total stockholders’ equity		797,326
Total liabilities and stockholders’ equity		2,105,823
Revenue - royalties		130,626
Loss from operations		(1,134,527)
Net loss		(1,670,109)
Adjustments to reconcile net loss to net cash provided by operating activities:
Royalties receivable		32,186
Revision of Prior Period, Reclassification, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Royalties receivable		22,212
Total current assets		22,212
Total assets		22,212
Accumulated deficit		22,212
Total stockholders’ equity		22,212
Total liabilities and stockholders’ equity		22,212
Revenue - royalties		14,090
Loss from operations		14,090
Net loss		14,090
Adjustments to reconcile net loss to net cash provided by operating activities:
Royalties receivable		$ (14,090)

Royalty Contracts (Restated) (D

Royalty Contracts (Restated) (Details Narrative) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Product Information [Line Items]
Amortization on royalty contracts	$ 0	$ 0
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Product Information [Line Items]
Concentration Risk, Percentage	20%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Customer A [Member] | Three Major Royalty Agreements [Member]
Product Information [Line Items]
Concentration Risk, Percentage		21%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Product Information [Line Items]
Concentration Risk, Percentage	10%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Customer B [Member] | Three Major Royalty Agreements [Member]
Product Information [Line Items]
Concentration Risk, Percentage		5%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Product Information [Line Items]
Concentration Risk, Percentage	70%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member] | Customer C [Member] | Three Major Royalty Agreements [Member]
Product Information [Line Items]
Concentration Risk, Percentage		74%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Product Information [Line Items]
Concentration Risk, Percentage	77%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer A [Member] | Three Major Royalty Agreements [Member]
Product Information [Line Items]
Concentration Risk, Percentage		54%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer B [Member]
Product Information [Line Items]
Concentration Risk, Percentage	9%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer B [Member] | Three Major Royalty Agreements [Member]
Product Information [Line Items]
Concentration Risk, Percentage		25%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer C [Member]
Product Information [Line Items]
Concentration Risk, Percentage	14%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer C [Member] | Three Major Royalty Agreements [Member]
Product Information [Line Items]
Concentration Risk, Percentage		21%

Schedule of Common Stock Warran

Schedule of Common Stock Warrants Outstanding and Warrant Activity (Details) - Warrant [Member]	12 Months Ended
	Sep. 30, 2023 $ / shares shares
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants outstanding, Underlying Shares Beginning | shares	900,000
Weighted Average Exercise Price, Beginning balance | $ / shares	$ 1
Weighted Average Remaining Contractual Term (Years), Granted	1 year 4 months 17 days
Warrants outstanding, Underlying Shares Granted | shares	400,000
Weighted Average Exercise Price, Granted | $ / shares	$ 1
Weighted Average Remaining Contractual Term (Years), Granted	1 year 25 days
Warrants outstanding, Underlying Shares Exercised | shares
Weighted Average Exercise Price, Exercised | $ / shares
Warrants outstanding, Underlying Shares Forfeited | shares	(1,300,000)
Weighted Average Exercise Price, Forfeited | $ / shares	$ 1
Warrants outstanding, Underlying Shares Ending | shares
Weighted Average Exercise Price, Ending balance | $ / shares	$ 1

Schedule of Option Activity (De

Schedule of Option Activity (Details) - Equity Option [Member]	12 Months Ended
	Sep. 30, 2023 $ / shares shares
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Options outstanding, Underlying Shares Beginning | shares
Weighted Average Exercise Price, Beginning balance | $ / shares
Options outstanding, Underlying Shares Granted | shares	1,000,000
Weighted Average Exercise Price, Granted | $ / shares	$ 0.15
Weighted Average Remaining Contractual Term (Years), Granted	9 years 8 months 8 days
Options outstanding, Underlying Shares Exercised | shares
Weighted Average Exercise Price, Exercised | $ / shares
Options outstanding, Underlying Shares Forfeited | shares
Weighted Average Exercise Price, Forfeited | $ / shares
Options outstanding, Underlying Shares Ending | shares	1,000,000
Weighted Average Exercise Price, Ending balance | $ / shares	$ 0.15
Weighted Average Remaining Contractual Term (Years), Outstanding ending balance	9 years 8 months 8 days
Options exercisable, Underlying Shares | shares	250,000
Weighted Average Exercise Price, exercisable | $ / shares	$ 0.15
Weighted Average Remaining Contractual Term (Years), exercisable	9 years 8 months 8 days

Stockholders_ Equity (Deficit_2

Stockholders’ Equity (Deficit) (Details Narrative)

1 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Jul. 14, 2023 USD ($) $ / shares shares

Jul. 05, 2023 USD ($) shares

Jun. 30, 2023 USD ($) shares

Jun. 05, 2023 $ / shares shares

May 17, 2023 USD ($) shares

Nov. 28, 2022 shares

Oct. 26, 2022 USD ($) $ / shares shares

Aug. 16, 2022 USD ($) $ / shares shares

Jun. 30, 2023 USD ($) shares

Oct. 26, 2022 USD ($) $ / shares shares

Jun. 30, 2023 USD ($) shares

Dec. 31, 2022 USD ($) $ / shares shares

Jun. 30, 2023 USD ($) shares

Jun. 30, 2023 USD ($)

Sep. 30, 2023 USD ($) $ / shares shares

Sep. 30, 2022 USD ($) $ / shares shares

Mar. 31, 2022 $ / shares

Accumulated Other Comprehensive Income (Loss) [Line Items]

Treasury stock, shares acquired

200,000

41,250

Treasury stock shares acquired, cost | $

$ 0

$ 0

Treasury stock, common shares

691,250

41,250

Treasury stock, cumulative cost | $

$ 45,000

$ 0

Common stock, shares authorized

90,000,000

90,000,000

Common stock, par value | $ / shares

$ 0.001

$ 0.001

Common stock, shares issued

8,942,526

8,100,284

Common stock, shares outstanding

8,251,276

8,059,034

Total expense | $

$ 50,000

Prepaid Expense, Current | $

1,956,215

Share price | $ / shares

$ 0.15

$ 1.25

Stock issued for services, value | $

94,375

$ 1,326,000

Equity Option [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Intrinsic value of options outstanding | $

$ 360,000

Granted option

1,000,000

Series A Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Preferred stock, shares authorized

10,000,000

10,000,000

Preferred stock, par value | $ / shares

$ 0.01

$ 0.01

Preferred stock, shares outstanding

50,000

50,000

Series B Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Preferred stock, shares authorized

10,000,000

Preferred stock, par value | $ / shares

$ 0.01

Series C Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 0.1666

Preferred stock, shares authorized

10,000,000

Preferred stock, par value | $ / shares

$ 0.001

Preferred stock, shares outstanding

1,200,481

Sale of Stock, Number of Shares Issued in Transaction

1,200,481

Sale of Stock, Consideration Received on Transaction | $

$ 200,000

Series B Convertible Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Preferred stock, shares authorized

10,000,000

10,000,000

Preferred stock, par value | $ / shares

$ 0.01

$ 0.01

Preferred stock, shares outstanding

270,612

270,612

Stock Issued During Period, Shares, Conversion of Convertible Securities

325,000

Board of Directors Chairman [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued for services, shares

530,000

Share price | $ / shares

$ 0.15

Stock issued for services, value | $

$ 79,500

Common Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock, shares authorized

90,000,000

Common stock, par value | $ / shares

$ 0.001

Common stock, shares issued

8,942,526

8,100,284

Common stock, shares outstanding

8,251,276

8,059,034

Stock issued during period, shares

40,000

Total expense | $

$ 40

Stock issued for services, shares

642,242

670,000

Stock issued for services, value | $

$ 642

$ 670

Stock Issued During Period, Shares, Conversion of Convertible Securities

325,000

Warrants to purchase common stock

900,000

Option to purchase common stock

1,000,000

Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants cancelled

(1,300,000)

Intrinsic value of options outstanding | $

$ 0

Termination Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Treasury stock, shares acquired

450,000

Treasury stock shares acquired, cost | $

$ 45,000

Treasury stock shares retired

200,000

450,000

Warrants cancelled

900,000

Expenses | $

$ 962,088

Remaining value recognized in additional paid-in capital | $

$ 165,634

Termination Agreement [Member] | Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants cancelled

400,000

Expenses | $

245,789

Remaining value recognized in additional paid-in capital | $

117,421

One Year Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Treasury stock shares acquired, cost | $

$ 45,000

Treasury stock shares retired

450,000

Stock issued during period, shares

225,000

Shares issued, price per share | $ / shares

$ 1.49

$ 2.10

$ 1.49

Total expense | $

$ 945,000

Unamortized expense | $

$ 430,050

$ 430,050

$ 430,050

$ 430,050

$ 430,050

One Year Agreement [Member] | Group [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, shares

200,000

Total expense | $

$ 201,660

$ 298,000

October 26, 2022 Agreements [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Prepaid Expense, Current | $

$ 96,340

Warrants and Rights Outstanding | $

$ 363,210

$ 363,210

October 26, 2022 Agreements [Member] | Measurement Input, Option Volatility [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants measurement input

111.16

111.16

October 26, 2022 Agreements [Member] | Measurement Input, Risk Free Interest Rate [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants measurement input

4.75

4.75

October 26, 2022 Agreements [Member] | Minimum [Member] | Measurement Input, Expected Term [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants and Rights Outstanding, Term

1 year

1 year

October 26, 2022 Agreements [Member] | Maximum [Member] | Measurement Input, Expected Term [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants and Rights Outstanding, Term

2 years

2 years

October 26, 2022 Agreements [Member] | One-year Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Shares issued, price per share | $ / shares

$ 1

$ 1

Warrants to purchase common stock

200,000

October 26, 2022 Agreements [Member] | Two-year Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Shares issued, price per share | $ / shares

$ 1

$ 1

Warrants to purchase common stock

200,000

Four Month Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, shares

12,500

12,500

Shares issued, price per share | $ / shares

$ 1.19

Total expense | $

$ 14,875

August 16 2022 Agreements [Member] | Measurement Input, Option Volatility [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants measurement input

109.88

August 16 2022 Agreements [Member] | Measurement Input, Risk Free Interest Rate [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants measurement input

3.28

August 16 2022 Agreements [Member] | Minimum [Member] | Measurement Input, Expected Term [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants and Rights Outstanding, Term

1 year

August 16 2022 Agreements [Member] | Maximum [Member] | Measurement Input, Expected Term [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants and Rights Outstanding, Term

2 years

August 16 2022 Agreements [Member] | One-year Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Shares issued, price per share | $ / shares

$ 1

Warrants to purchase common stock

225,000

August 16 2022 Agreements [Member] | Two-year Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Shares issued, price per share | $ / shares

$ 1

Warrants to purchase common stock

225,000

August 16 2022 Agreements [Member] | Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Total expense | $

$ 1,286,308

Consulting Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Expected life term

10 years

Expected volatility rate

163.36%

Risk free interest rate

3.66%

Consulting Agreement [Member] | Equity Option [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Total expense | $

$ 46,462

Consulting Agreement [Member] | Ten-Year Option [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Shares issued, price per share | $ / shares

$ 0.15

Option to purchase common stock

1,000,000

Option to purchase vested shares

250,000

Option to purchase additional vested shares

250,000

Granted option

148,679

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)								6 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 23, 2022	Mar. 21, 2022	Mar. 15, 2022	Sep. 23, 2021	Mar. 20, 2019	Mar. 29, 2018	Mar. 23, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 05, 2023	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Unsecured debt							$ 750,000
Interest rate							6%
Maturity date extend							Dec. 31, 2022
Debt instrument face amount	$ 741,030								$ 741,030	$ 741,030
Accrued interest	$ 281,561								$ 281,561
Treasury shares	691,250								691,250	41,250
Additional payment of debt	$ 5,000
Debt instrument additional maturity date	Mar. 31, 2024
Amortization of debt discount									$ 207,314	$ 423,061
Unrelated Individuals [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate						6%
Maturity date extend						Mar. 20, 2024
Notes Payable	$ 10,000					$ 10,000			10,000	10,000
Accrued interest	$ 2,721								$ 2,721	2,121
Unrelated Third Party One [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate					12.50%
Maturity date extend					Mar. 23, 2022
Notes Payable		$ 235,000			$ 235,000			$ 235,000				$ 235,000
Accrued interest		1,958						1,958		0		$ 571
Cash received					217,375
Unamortized debt discount					$ 17,625
Number of commitment shares					82,500
Share price					$ 2
Additional discount					$ 165,000
Right to redeem shares					41,250
Repayments of notes payable		$ 236,958
Payment for interest								$ 12,811		14,769
Treasury shares	41,250								41,250
Treasury stock value
Unrelated Third Party Two [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate				15%
Maturity date extend	Oct. 31, 2023			Mar. 15, 2023
Notes Payable	$ 235,000			$ 235,000					235,000
Accrued interest	$ 54,468								$ 54,468
Cash received				217,375
Unamortized debt discount				$ 17,625
Share price											$ 0.15
Conversion price	$ 1.25								$ 1.25
Payment of debt	$ 17,500
Unrelated Third Party Three [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate			12%
Maturity date extend	Oct. 31, 2023		Mar. 21, 2023
Notes Payable	$ 235,000		$ 235,000						$ 235,000
Accrued interest	43,111								43,111
Cash received			217,375
Unamortized debt discount	$ 0		$ 17,625						$ 0	207,314
Share price											$ 0.15
Conversion price	$ 1.25								$ 1.25
Payment of debt	$ 17,500
Amortization of debt discount									$ 207,314	$ 423,061

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Mar. 29, 2018	Mar. 29, 2018	Sep. 30, 2023	Sep. 30, 2022	Dec. 11, 2019
Related Party Transaction [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6%	6%
Debt Instrument, Maturity Date	Dec. 31, 2022
Debt Instrument, Face Amount			$ 741,030	$ 741,030
Chief Financial Officer [Member]
Related Party Transaction [Line Items]
Other Liabilities, Current			12,000
Unsecured Promissory Note [Member]
Related Party Transaction [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6%	6%			6%
Debt Instrument, Maturity Date		Dec. 31, 2022
Notes Payable [Member]
Related Party Transaction [Line Items]
Debt Instrument, Face Amount			$ 0	0
Interest Payable				$ 223,940
Chief Executive Officer [Member] | Unsecured Promissory Note [Member]
Related Party Transaction [Line Items]
Unsecured Debt, Current	$ 750,000	$ 750,000

Note Receivable (Details Narrat

Note Receivable (Details Narrative) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 11, 2019	Mar. 29, 2018
Short-Term Debt [Line Items]
Financing Receivable, after Allowance for Credit Loss, Current		$ 25,000
Debt Instrument, Interest Rate, Stated Percentage				6%
Interest Receivable, Current		4,586
Accounts Receivable, Credit Loss Expense (Reversal)	31,086	7,754
Unsecured Promissory Note [Member]
Short-Term Debt [Line Items]
Financing Receivable, after Allowance for Credit Loss, Current			$ 25,000
Debt Instrument, Interest Rate, Stated Percentage			6%	6%
Interest Receivable, Current	$ 6,086	$ 4,586

Convertible Note Receivable (De

Convertible Note Receivable (Details Narrative) - USD ($)	Nov. 20, 2020	Mar. 29, 2018	Sep. 30, 2022
Short-Term Debt [Line Items]
Debt instrument, maturity date		Dec. 31, 2022
Interest rate		6%
Convertible Debt [Member]
Short-Term Debt [Line Items]
Convertible note receivable	$ 7,500
Debt instrument, maturity date	Nov. 20, 2022
Interest rate	4%
Convertible interest rate	1.25%
Principle balance			$ 7,500
Interest receivable			$ 254

Schedule of Effective Income Ta

Schedule of Effective Income Tax Rate (Details)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Federal tax statutory rate	21%	21%
Temporary differences	0%	0%
Permanent differences	(3.00%)	(39.00%)
Valuation Allowance	(18.00%)	18%
Effective income tax rate	0%	0%

Schedule of Deferred Income Tax

Schedule of Deferred Income Tax Assets (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Deferred Tax Assets
Net operating loss carryforwards	$ 967,000	$ 375,000
Temporary differences
Permanent differences	(695,000)	(622,000)
Valuation allowance	(272,000)	247,000
Net deferred tax assets

Federal Income Tax (Details Nar

Federal Income Tax (Details Narrative) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Federal tax statutory rate	21%	21%
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 519,000	$ 290,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$ 4,602,205
[custom:OperatingLossCarryForwardsTaxableIncomePercentage-0]	80%
Operating Loss Carryforwards, Limitations on Use	The remaining amount can be carried forward for 20 years with no income limitation.