$FUNI

DigiPath,Inc.

CIK:0001502966|SEC Filings

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues
Cost of sales
Gross profit
Operating expenses:
General and administrative	66,419	81,683	366,684	1,172,261
Professional fees	29,534	454,344	624,682	1,338,192
Total operating expenses	95,953	536,027	991,366	2,510,453
Operating loss	(95,953)	(536,027)	(991,366)	(2,510,453)
Other income (expense):
Interest expense	(154,509)	(25,996)	(301,848)	(71,030)
Change in fair value of derivative liabilities	(54,295)		(54,295)
Recovery of previously written off receivables				50,000
Interest income				8,000
Other expense				(20,003)
Total other income (expense), net	(208,804)	(25,996)	(356,143)	(33,033)
Net loss before income taxes	(304,757)	(562,023)	(1,347,509)	(2,543,486)
Provision for income taxes
Net loss	$ (304,757)	$ (562,023)	$ (1,347,509)	$ (2,543,486)
Weighted average number of common shares outstanding – basic	163,895,977	136,951,495	158,325,184	130,817,429
Weighted average number of common shares outstanding – fully diluted	163,895,977	136,951,495	158,325,184	130,817,429
Net loss per share from continuing operations – basic	$ (0.00)	$ (0.00)	$ (0.01)	$ (0.02)
Net loss per share from discontinued operations – diluted	$ (0.00)	$ (0.00)	$ (0.01)	$ (0.02)

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities
Net loss from continuing operations	$ (1,347,509)	$ (2,543,486)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	218,131	1,737,478
Amortization of debt discounts	63,171
Default penalties on notes payable charged to interest expense	39,765
Derivative liability charged to interest expense upon note default	100,640
Change in fair value of derivative liabilities	54,295
Deferred offering costs charged to expense	253,556
Depreciation expense	9,460	7,583
Amortization of right-of-use asset	26,180	21,366
Decrease in assets:
Prepaids and other current assets	16,390	248,868
Increase (decrease) in liabilities:
Accounts payable	149,033	399,715
Accrued expenses	96,260	56,307
Accrued expenses – related parties	94,474	33,978
Lease liability	(26,838)	(26,721)
Net cash used in operating activities	(252,992)	(64,912)
Cash flows from investing activities
Purchase of fixed assets		(1,730)
Net cash used in investing activities		(1,730)
Cash flows from financing activities
Proceeds from sale of Series C Preferred shares		100
Proceeds from sale of Series D Preferred shares and warrants, net of fees	57,484
Proceeds from convertible notes payable	155,000	130,000
Proceeds from notes payable	152,500	115,600
Repayments on notes payable	(145,000)
Payment of deferred offering costs		(123,032)
Net cash provided by financing activities	219,984	122,668
Net increase (decrease) in cash	(33,008)	56,026
Cash – beginning	38,118	91,166
Cash – ending	5,110	147,192
Supplemental disclosures:
Interest paid
Income taxes paid
Non-cash investing and financing activities:
Amortization of deferred offering costs	2,297
Note payable issued for fixed assets and accounts payable		$ 160,133

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Sep. 30, 2025
Current assets:
Cash	$ 5,110	$ 38,118
Note receivable, net
Prepaids and other current assets	10,170	26,560
Deferred offering costs		255,853
Total current assets	15,280	320,531
Fixed assets, net	53,047	62,507
Right-of-use asset, net		26,180
Total non-current assets	53,047	88,687
Total Assets	68,327	409,218
Current liabilities:
Accounts payable	621,583	472,551
Current maturities of notes payable, net of discounts	231,889	226,078
Derivative liabilities	154,935
Lease liabilities - current		26,838
Total current liabilities	1,592,630	1,118,955
Notes payable, net of current	173,100	89,600
Convertible notes payable, net discounts	1,389,957	1,303,832
Total Liabilities	3,155,687	2,512,387
Mezzanine Equity
Series B convertible preferred stock, $0.001 par value, 1,500,000 shares authorized; 333,600 shares issued and outstanding as of June 30, 2026 and September 30, 2025	333,600	333,600
Stockholders’ Deficit:
Common stock, $0.001 par value, 880,000,000 shares authorized; 163,895,977 and 147,121,825 shares issued and outstanding as of June 30, 2026 and September 30, 2025, respectively	163,895	147,121
Additional paid-in capital	21,410,232	21,063,998
Accumulated deficit	(24,996,836)	(23,649,327)
Total Stockholders’ Deficit	(3,420,960)	(2,436,769)
Total Liabilities and Stockholders’ Deficit	68,327	409,218
Series A Convertible Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock, value	1,048	1,048
Series D Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock, value	700	390
Series C Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock, value	1	1
Nonrelated Party [Member]
Current liabilities:
Accrued expenses	359,287	263,026
Related Party [Member]
Current liabilities:
Accrued expenses	$ 224,936	$ 130,462