AmeriCrew (ACRU) 10-Q16 May 232023 Q2 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	6 Months Ended
Cover - shares	Mar. 31, 2023	May 12, 2023
Cover [Abstract]
Entity Registrant Name	AMERICREW, INC.
Entity Central Index Key	0001407573
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	true
Entity Current Reporting Status	Yes
Document Period End Date	Mar. 31, 2023
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		15,784,424
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-56176
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	86-2551989
Entity Interactive Data Current	Yes
Entity Address Address Line 1	21 Omaha Street
Entity Address City Or Town	Dumont
Entity Address State Or Province	NJ
Entity Address Postal Zip Code	07628
City Area Code	201
Local Phone Number	387-7700

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Current assets:
Cash	$ 80,150	$ 380,845
Accounts receivable - net of allowance for doubtful accounts	2,551,621	1,815,003
Prepaid and other current assets	191,902	659,726
Total current assets	2,823,673	2,855,574
Fixed assets, net	240,297	160,088
Operating leases right of use assets	581,550	694,734
Finance leases right of use assets	421,452	259,253
Total assets	4,066,972	3,969,649
Current liabilities:
Accounts payable and accrued liabilities	1,071,846	1,721,985
Loans payable - insurance	125,065	380,799
Loans payable - equipment - current	10,993	0
Loans payable - equipment, related party - current	30,750	24,600
Notes payable - related party, net of debt discount of $206,834 at March 31, 2023	367,888	0
Convertible notes payable, net of debt discount of $900,179 at March 31, 2023 and $1,030,041 at September 30, 2022	2,422,821	1,699,959
Convertible note payable - accrued interest	123,118	143,555
Operating lease liability	138,607	140,516
Finance lease liability	158,788	44,219
Total current liabilities	4,449,876	4,155,633
Long-term liabilities:
Notes payable - related party, net of debt discount of $192,000 at September 30, 2022	0	370,429
Operating lease liability - non-current	486,227	560,068
Finance lease liability - non-current	262,664	209,182
Loans payable - equipment	26,566	0
Loans payable - stockholder	464,078	464,078
Loans payable - equipment, related party	12,300	24,600
Total liabilities	5,701,711	5,783,990
Stockholders' deficit:
Preferred stock, $0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding as of March 31, 2023 and September 30, 2022	0	0
Common stock, $0.001 par value, 75,000,000 shares authorized, 15,784,424 and 15,764,424 shares issued and outstanding as of March 31, 2023 and September 30, 2022, respectively	15,784	15,764
Additional paid-in capital	2,655,858	1,983,201
Accumulated deficit	(4,306,381)	(3,813,306)
Total stockholders' deficit	(1,634,739)	(1,814,341)
Total liabilities and stockholders' deficit	$ 4,066,972	$ 3,969,649

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
CONDENSED CONSOLIDATED BALANCE SHEETS
Notes payable - related party, net of debt discount	$ 206,834
Notes payable - related party		$ 192,000
Convertible notes payable, net of debt discount	$ 900,179	$ 1,030,041
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	15,784,424	15,764,424
Common stock, shares outstanding	15,784,424	15,764,424

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
Revenues	$ 3,775,347	$ 1,943,778	$ 7,554,054	$ 3,713,263
Cost of revenues, exclusive of depreciation	2,333,061	1,446,364	4,752,956	2,807,779
Operating expenses:
General and administrative expenses	1,033,596	613,278	2,240,500	2,398,067
Depreciation	16,449	8,315	25,610	16,631
Total operating expenses	1,050,045	621,593	2,266,110	2,414,698
Operating income (loss)	392,241	(124,179)	534,988	(1,509,214)
Interest expense	443,239	248,754	1,028,063	326,880
Recapitalization expenses	0	0	0	239,721
Net loss	$ (50,998)	$ (372,933)	$ (493,075)	$ (2,075,815)
Loss per common share (Note 4):
Basic	$ 0	$ (0.02)	$ (0.03)	$ (0.24)
Diluted	$ 0	$ (0.02)	$ (0.03)	$ (0.24)
Weighted-average number of common shares outstanding:
Basic	15,777,757	15,764,424	15,771,017	8,792,584
Diluted	15,777,757	15,764,424	15,771,017	8,792,584

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (UNAUDITED) - USD ($)	Total	Common Stock	Preferred Stock	Additional Paid-In Capital	Retained Earnings (Accumulated Deficit)
Balance, shares at Sep. 30, 2021		290,340	3,094,000
Balance, amount at Sep. 30, 2021	$ (787,610)	$ 290	$ 3,094	$ 88,336	$ (879,330)
Capital stock of deconsolidated company	(10,100)	0	0	(10,100)	0
Conversion of Phone Brazil international equity	(17,550)	$ 0	$ 0	(17,550)	0
Conversion of preferred stock, shares		15,474,084	(3,094,000)
Conversion of preferred stock, amount	0	$ 15,474	$ (3,094)	(12,380)	0
Issuance of equity warrants	1,768,354	0	0	1,768,354	0
Net loss for the three months ended December 31, 2021	(1,702,882)	$ 0	0	0	(1,702,882)
Balance, shares at Dec. 31, 2021		15,764,424
Balance, amount at Dec. 31, 2021	(749,788)	$ 15,764	$ 0	1,816,660	(2,582,212)
Balance, shares at Sep. 30, 2021		290,340	3,094,000
Balance, amount at Sep. 30, 2021	(787,610)	$ 290	$ 3,094	88,336	(879,330)
Net loss for the three months ended December 31, 2021	(2,075,815)
Balance, shares at Mar. 31, 2022		15,764,424
Balance, amount at Mar. 31, 2022	(1,122,721)	$ 15,764	0	1,816,660	(2,955,145)
Balance, shares at Dec. 31, 2021		15,764,424
Balance, amount at Dec. 31, 2021	(749,788)	$ 15,764	0	1,816,660	(2,582,212)
Net loss for the three months ended December 31, 2021	(372,933)	$ 0	0	0	(372,933)
Balance, shares at Mar. 31, 2022		15,764,424
Balance, amount at Mar. 31, 2022	(1,122,721)	$ 15,764	0	1,816,660	(2,955,145)
Balance, shares at Sep. 30, 2022		15,764,424
Balance, amount at Sep. 30, 2022	(1,814,341)	$ 15,764	0	1,983,201	(3,813,306)
Issuance of equity warrants	616,059	0	0	616,059	0
Net loss for the three months ended December 31, 2021	(442,077)	0	0	0	(442,077)
Imputed interest - equity contribution	5,827	$ 0	0	5,827	0
Balance, shares at Dec. 31, 2022		15,764,424
Balance, amount at Dec. 31, 2022	(1,634,532)	$ 15,764	0	2,605,087	(4,255,383)
Balance, shares at Sep. 30, 2022		15,764,424
Balance, amount at Sep. 30, 2022	(1,814,341)	$ 15,764	0	1,983,201	(3,813,306)
Net loss for the three months ended December 31, 2021	(493,075)
Balance, shares at Mar. 31, 2023		15,784,424
Balance, amount at Mar. 31, 2023	(1,634,739)	$ 15,784	0	2,655,858	(4,306,381)
Balance, shares at Dec. 31, 2022		15,764,424
Balance, amount at Dec. 31, 2022	(1,634,532)	$ 15,764	0	2,605,087	(4,255,383)
Net loss for the three months ended December 31, 2021	(50,998)	0	0	0	(50,998)
Imputed interest - equity contribution	5,791	$ 0	0	5,791	0
Stock-based compensation, shares		20,000
Stock-based compensation, amount	45,000	$ 20	0	44,980	0
Balance, shares at Mar. 31, 2023		15,784,424
Balance, amount at Mar. 31, 2023	$ (1,634,739)	$ 15,784	$ 0	$ 2,655,858	$ (4,306,381)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net loss	$ 493,075	$ 2,075,815
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	25,610	16,631
Amortization of operating right of use assets	113,184	0
Amortization of finance right of use assets	78,004	0
Non-cash interest associated with amortization of debt discounts	731,087	326,016
Stock-based compensation	45,000	0
Changes in operating assets and liabilities:
Accounts receivable	(736,618)	(426,404)
Prepaid expenses and other current assets	467,824	301,691
Accounts payable and accrued liabilities	(650,139)	(553,675)
Other current liabilities	(20,437)	638,210
Operating lease liabilities	(75,750)	0
Financing lease liabilities	(72,152)	0
Net cash used in operating activities	(587,462)	(1,773,346)
Cash flows from investing activities:
Acquisition of fixed assets	(105,819)	0
Net cash used in investing activities	(105,819)	0
Cash flows from financing activities:
Repayment of loans payable	(218,534)	(345,093)
Proceeds from related party loan	18,120	7,559
Proceeds from convertible notes	593,000	2,485,000
Premiums paid for stockholders' life insurance	0	23,435
Net cash provided by financing activities	392,586	2,124,031
Net increase / (decrease) in cash	(300,695)	350,685
Cash at beginning of period	380,845	55,025
Cash at end of period	80,150	405,710
Supplemental disclosures:
Interest paid	158,749	13,046
Income taxes paid	0	1,875
Right of use assets obtained in exchange for new finance lease liabilities	$ 240,203	$ 0

Change in Fiscal Year

Change in Fiscal Year	6 Months Ended
Change in Fiscal Year	Mar. 31, 2023
Change in Fiscal Year
Change in Fiscal Year	NOTE 1 – Change in Fiscal Year We changed our fiscal year-end from December 31 to September 30, effective September 30, 2022. Our results of operations, cash flows, and all transactions impacting shareholders deficit presented in this Form 10-Q are for the three and six months ended March 31, 2023 and 2022, unless otherwise noted.

Business Basis of Presentation

Business Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Mar. 31, 2023
Business Basis of Presentation and Significant Accounting Policies
Business, Basis of Presentation and Significant Accounting Policies	NOTE 2 – Business, Basis of Presentation and Significant Accounting Policies Business Americrew, Inc. (the “Company”, or “PhoneBrasil”) was organized in New Jersey as Donald Utz Engineering, Inc. in 1991. The Company later changed its name to PhoneBrasil International, Inc. and further filed a Registration of Alternate Name in the State of New Jersey for the use of the name PhoneBrasil International, Inc. (“we” or the “Company”). The Company subsequently became inactive and ceased operations. On February 14, 2020, the Superior Court of New Jersey Equity Division appointed Custodian Ventures, LLC as the custodian for PhoneBrasil International, Inc., f/k/a Utz Technologies, Inc., Civil Action No. C-2-20, finding that Custodian Ventures, LLC had exhausted all reasonable means of serving the Summons and Complaint in the action to the officers and directors of PhoneBrasil International, Inc., f/k/a Utz Technologies, Inc., and thereby deemed to have served the Summons and Complaint pursuant to Rule 4:4-4(b)(3) and the officers and directors failed to answer or respond in the time allotted by Rule 1:20-6.2. There was no opposition. On September 15, 2020, the Company issued 18,000,000 shares of $0.00001 par value common stock to Custodian Ventures, LLC in return for a reduction of $5,000 of the interest-free demand loans issued to the Company by Custodian Ventures, LLC. On September 30, 2020, the Company filed a Restated Certificate of Incorporation which increased the authorized shares to 300,000,000 shares of common stock and 10,000,000 shares of preferred stock each with a par value of $0.000001 per share. The preferred shares are convertible to common shares at a ratio of 30 to 1. The increase in the shares the Company is authorized to issue was made because Management believed that it would better position the Company in its efforts to make acquisitions of viable business entities on a stock for stock basis. The Board of Directors further believed it would benefit the shareholders to have a substantial number of unreserved shares available for issuance so that adequate shares may be available for the possible business combination or acquisition. On October 5, 2020, the Company issued 10,000,000 shares of Series A Preferred Stock to Custodian Ventures, LLC in return for a reduction of $10,000 of related party debt that had been extended to the Company. Effective December 9, 2020, DR Shell LLC, a Delaware limited liability company (the “Buyer”) purchased from Custodian Ventures LLC (the "Seller"), 18,000,000 shares of the common stock of the Company, representing approximately 62% of the outstanding Common Stock of the Company, and (ii) 10,000,000 shares of Series A Convertible Preferred Stock of the Company, for a total purchase price of $245,000, paid in cash. The funds were provided by the Buyer’s members. The shares were acquired pursuant to a Stock Purchase Agreement, dated December 9, 2020 (the “SPA”), by and among the Seller, the Buyer, and David Lazar, then Chief Executive Officer of the Company and managing director of Custodian Ventures, LLC. Additionally, under the terms of the SPA, Mr. Lazar forgave $41,229 in related-party loans. As a result of the transaction, Mr. Ross DiMaggio, the manager of the Buyer, acquired control of the Company. Under the terms of the SPA, effective December 9, 2020, Mr. Lazar resigned as the Chief Executive Officer, Treasurer, and Secretary of the Company, and Mr. DiMaggio was appointed as the sole director, Chief Executive Officer, Treasurer, and Secretary of the Company. On August 12, 2021, the Company executed a Share Exchange Agreement with Mikab Corporation ("Mikab"). The Company exchanged 94.2% of the outstanding PhoneBrasil Common Stock for the capital stock of Mikab. On September 13, 2021, the Company increased the authorized common stock to 1,650,000,000 shares. On November 16, 2021, the Company filed a Second Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Amendment”) with the New Jersey Secretary of State pursuant to the New Jersey Business Corporation Act (the “NJBCA”). The Amendment made the following changes: 1. Changed the name of the company to Americrew, Inc. 2. The total number of shares of stock of the Company was changed to 85,000,000 shares consisting of (i) 75,000,000 shares of common stock, par value $0.001, and (ii) 10,000,000 shares of preferred stock, par value $0.001. 3. The Company effected a reverse stock split wherein each 100 shares of common stock issued and outstanding or held by the Company in treasury stock immediately prior to the effective time were combined and converted into one share of common stock. Following the Mikab acquisition (the "Acquisition"), in 2021 the Company changed its domicile from New Jersey to Delaware. Under guidance of Accounting Standards Codification ("ASC") 805-10-55-11 through 15, Mikab has been identified as the acquirer for accounting purposes. AmeriCrew and Mikab (together, the "Company") are each service companies engaged in the business of building a national infrastructure involving the installation of rural wireless telecommunication cables, upgrading wireless communications towers and other above-ground infrastructure and, going forward, providing planning, installation, maintenance and upgrade services with respect to electronic vehicle (EV) charging stations. The Company provides specialty infrastructure contracting services to market participants in the telecommunications and clean energy industries throughout the United States. A proportion of the Company’s workforce is staffed through a unique in-house program through which the Company hires and trains military veterans to provide construction and maintenance services to customers. The Company’s operations are predominantly focused on its telecommunications infrastructure services business and clean energy industries in the geographic area of New Jersey and Indiana. The Company’s chief operating decision maker has been identified as the Chief Operating Officer, who reviews consolidated results when making decisions about allocating resources and assessing the performance of the Company. The Chief Operating Officer determined the Company operates under one reportable segment with four business units: Wireless, Fiber Clean Energy and Workforce Development. Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in accordance with the Financial Accounting Standards Board (“FASB”) “FASB Accounting Standard Codification™” (the “Codification”) which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States. From an accounting perspective, the condensed consolidated financial statements of the combined entity represent a continuation of the financial statements of the accounting acquirer/legal acquiree. As such, the historical cost bases of assets and liabilities of the acquiring entity (the accounting acquirer/legal acquiree) are maintained in the consolidated financial statements of the merged company and the assets and liabilities (if any) of the acquired entity (the legal acquirer) are accounted for under the acquisition method. Results of operations of the acquired entity (the legal acquirer) are included in the financial statements of the combined company only from the acquisition date. Going Concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date these financial statements are issued. Because the Company does not expect that existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Historically, the Company has raised capital through private placements of convertible debt and warrants and obtaining short-term loans from related parties, to finance working capital needs, and may attempt to raise capital through the sale of common stock or other securities and obtaining additional loans from related parties. There can be no assurance that the Company will be successful in raising future capital. The Company had $67,226 in cash on hand as of May 12, 2023. The Company will need to raise additional capital to fund its operations for the next twelve months and to repay its short-term debt and the convertible promissory notes. A total of $2,485,000 of the senior secured promissory notes mature between October 4, 2023, and December 30, 2023 and a total of $838,000 of the senior secured promissory notes mature between September 30, 2024 and December 29, 2024. In addition, the Company owes $464,078 to the estate of a family member of its Chief Operating Officer which is due January 1, 2025. Our liquidity is primarily derived from financing transactions and revenue from our contracts with customers, although management anticipates a larger proportion of our capital resources to be derived from financing transactions in future periods, particularly as we seek growth capital to fund our acquisition efforts in the next twelve months. The Company is reliant upon completing one or more securities offerings in the future to continue its operations as planned and to meet its financial obligations as they become due. Because the Company was only able to raise $2,485,000 of the up to $15,000,000 sought in its prior private placement offerings which closed as of December 31, 2021, the Company launched a second offering of $7 million of convertible notes and warrants in August 2022, of which $838,000 was raised in 2022; this second offering expired on March 31, 2023. We will therefore require additional capital in order to execute our business plan. We believe substantial doubt exists about the Company’s ability to continue as a going concern for twelve months from the date of issuance of our financial statements. The accompanying condensed consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of this uncertainty. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities as of the reporting date of these condensed consolidated financial statements. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these condensed consolidated financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. Principles of Consolidation These condensed consolidated financial statements include the accounts of AmeriCrew, Mikab Corporation and AmeriCrew CE Services, LLC. These companies are the operating units of AmeriCrew and generate all of the revenues for AmeriCrew. AmeriCrew CE Services, LLC was formed on March 29, 2021, as a subsidiary of Mikab. All intercompany transactions are eliminated in consolidation. Management’s Representation of Interim Condensed Consolidated Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual consolidated financial statements. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed, consolidated, or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to fairly present the financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the period ended September 30, 2022, as presented in the Company’s Transition Annual Report on Form 10-KT for the nine month transition period ended September 30, 2022 filed with the SEC on January 30, 2023 as amended. Significant Accounting Policies The following is a summary of significant accounting policies followed in the preparation of the accompanying condensed consolidated financial statements. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are stated at their full collectible value less an allowance for doubtful accounts for any receivables over six months old or which was deemed doubtful of collection. Accounts receivable balances that are still outstanding after the Company has used reasonable collection efforts are written off as uncollectible. From time to time, the Company uses its non-recourse factor arrangement to receive advances on approved invoices. March 31, 2023 September 30, 2022 Accounts Receivable – Total $ 2,616,621 $ 1,880,003 Less: Allowance for Doubtful Accounts (65,000 ) (65,000 ) Accounts Receivable – Net $ 2,551,621 $ 1,815,003 On January 28, 2022, Mikab entered into a non-recourse Factoring and Security Agreement (the “Factoring Agreement”) with Tower Cap LLC (the “Purchaser”), under which the Purchaser agreed to purchase selected Mikab accounts receivable (subject to a required reserve). The Purchaser retains the right to purchase such accounts as it deems appropriate. Under the Factoring Agreement, the amount advanced to Mikab varies by account debtor. The fees include interest ranging from 1.95% per month for accounts due in 30 days to 1.75% for accounts due in 90 days in addition to other fees which Mikab will be charged in the ordinary course of the relationship. The Purchaser also has a security interest (subject to that of the holders of the 2021 Notes described in Note 13) in all accounts receivable and other assets of Mikab. Revenue Recognition The Company adopted Accounting Standards Codification (“ASC”) 606 — Revenue from Contracts with Customers (“ASC 606”) as of January 1, 2019, using the modified retrospective method. This method allows the Company to apply ASC 606 to new contracts entered into after January 1, 2019, and to its existing contracts for which revenue earned through December 31, 2018, has been recognized under the guidance in effect prior to the effective date of ASC 606. The revenue recognition processes the Company applied prior to the adoption of ASC 606 aligned with the recognition and measurement guidance of the new standard, therefore adoption of ASC 606 did not require a cumulative adjustment to opening equity in 2019. Under ASC 606, a performance obligation is a promise within a contract to transfer a distinct good or service, or a series of distinct goods and services, to a customer. Revenue is recognized when performance obligations are satisfied, and the customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for goods or services. Under the standard, a contract’s transaction price is allocated to each distinct performance obligation. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the Company performs the following five steps: (i) identifies the contracts with a customer; (ii) identifies the performance obligations within the contract; (iii) determines the transaction price; (iv) allocates the transaction price to the performance obligations in the contract; and (v) recognizes revenue when, or as, the Company satisfies each performance obligation. Customers are billed as work is completed and accepted. Extended contracts are billed in segments as completed. The amount of unbilled work in process at the end of a period is immaterial to the financial statements taken as a whole. If a contract has been completed and accepted but not billed at the end of the year, the contract price is accrued as sales in the period completed. Fixed assets, net Fixed assets are carried at cost. Depreciation of the fixed assets is calculated on the straight-line method over estimated useful lives of five to fifteen years. Trucks and automobiles have estimated useful lives of seven to fifteen years, equipment has estimated useful lives of five to fifteen years and improvements have estimated useful lives of five to ten years. March 31, 2023 September 30, 2022 Trucks and automobiles $ 581,377 $ 867,388 Equipment 213,447 293,543 Improvements 381,300 381,300 Total fixed assets 1,176,123 1,542,231 Less: accumulated depreciation (935,827 ) (1,382,143 ) Fixed assets, net $ 240,297 $ 160,088 Depreciation expense related to fixed assets amounted to approximately $25,600 and $16,600 for the six months ended March 31, 2023 and 2022, respectively. The Company reviews its long-lived assets, consisting of fixed assets, for impairment whenever events or circumstances exist that indicate the carrying amount of an asset or asset group may not be recoverable. The recoverability of long-lived assets is measured by a comparison of the carrying amount of the asset or asset group to the future undiscounted cash flows expected to be generated by that asset group. If the asset or asset group is considered to be unrecoverable, an impairment loss is recorded to adjust the carrying amounts to the estimated fair value. No impairment expenses were recorded for the three or six months ended March 31, 2023 and March 31, 2022. Recapitalization Expenses For the six months ended March 31, 2022, the Company recognized non-recurring costs, associated with the merger transaction described above, of approximately $240,000. Income (Loss) per Share We compute basic income (loss) per common share by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. We compute diluted income (loss) per common share by dividing net income (loss) available to common shareholders by the sum of (1) the weighted-average number of shares of common stock outstanding during the period, (2) the dilutive effect of the assumed exercise of warrants, and (3) the dilutive effect of other potentially dilutive securities. We exclude the potential dilutive effect of warrants and convertible instruments from the determination of diluted income (loss) per common share if the effect of including them would be antidilutive. Income Tax As a result of the stock transactions on August 12, 2021, the Company Subchapter S election has been terminated. As of that date forward the Company is be treated as a taxable C corporation. Separate short year tax returns for S and C Corporations were required to be filed for 2021. The Company is a C Corporation for federal income tax purposes. Income taxes include U.S. federal, state, and local taxes, and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. These differences are primarily related to the allowance for doubtful accounts, prepaid expenses, and various accruals. Deferred tax assets and liabilities are determined based on the difference between the consolidated financial statement balances and the tax bases of assets and liabilities using enacted tax rates in effect for the years in which the differences are expected to reverse. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the years that include the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to amounts expected to be realized. Deferred tax assets and liabilities are aggregated and shown as a net non-current amount on the accompanying consolidated balance sheet. An uncertain tax position in a tax return is recognized in the consolidated financial statements when it is more likely than not that the position would be sustained upon examination by taxing authorities. A recognized tax position is then measured at the largest amount of benefit that has greater than a 50% likelihood of being realized upon ultimate settlement. Accounting provisions also require that a change in judgment that results in subsequent recognition, derecognition, or change in a measurement of a tax position taken in a prior annual period (including any related interest and penalties) be recognized as a discrete item in the period in which the change occurs. The Company regularly evaluates the likelihood of recognizing the benefit from income tax positions taken in various federal and state filings by considering all relevant facts, circumstances, and information available. The Company evaluates all significant tax positions. As of March 31, 2023, the Company does not believe that it has any significant tax positions that would result in additional tax liability, nor does it believe that there are any tax benefits that would increase or decrease within the next twelve months. The Company’s policy is to include interest and penalties, if any, within the provision for taxes in the consolidated statement of operations. To date, there have been no interest or penalties charged in relation to unrecognized tax benefits. The Company’s income tax returns are subject to examination by appropriate taxing authorities. As of March 31, 2023, the Company’s federal and state income tax returns for 2021 remain open. New Accounting Standards In February 2016, the FASB issued new lease accounting guidance in ASU No. 2016-02, Leases-Topic 842, which has been codified in ASC 842, Leases. Under this new guidance, lessees are required to recognize for all leases (with the exception of short-term leases): 1) a lease liability equal to the lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis and 2) a right-of-use asset which will represent the lessee’s right to use, or control the use of, a specified asset for the lease term. This standard was effective for AmeriCrew in the annual reporting period beginning after December 31, 2021. The new standard was adopted as of January 1, 2022, using the modified retrospective approach. As of March 31, 2023, a right of use operating lease asset of $581,550, a right of use finance lease asset of $421,452, an operating lease liability of $624,834 and a finance lease liability of $421,452 are recorded on the Company’s consolidated financial statements. Recently Issued Accounting Standards Not Yet Adopted In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which changes the impairment model for most financial assets and certain other instruments. For receivables, loans and other instruments, entities will be required to use a new forward-looking “expected loss” model that generally will result in the earlier recognition of allowance for losses. For available-for-sale debt securities with unrealized losses, entities will measure credit losses in a manner similar to current practice, except the losses will be recognized as allowances instead of reductions in the amortized cost of the securities. In addition, an entity will have to disclose significantly more information about allowances, credit quality indicators and past due securities. The new standard is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, and will be applied as a cumulative-effect adjustment to retained earnings. The Company is currently evaluating the impact of the pending adoption of the new standard on its consolidated financial statements and intends to adopt the standard on October 1, 2023.

Restatement

Restatement	6 Months Ended
Restatement	Mar. 31, 2023
Restatement
Restatement	NOTE 3 - Restatement As result of errors identified in our previously filed consolidated financial statements for the year ended December 31, 2021, and our previously filed interim condensed consolidated financial statements for the three month period ended March 31, 2021, we have restated our prior condensed consolidated financial statements. Those errors and restatements are as follows. We corrected interest expense for the three months ended March 31, 2022, related to the valuation of warrants issued with notes payable and convertible debt. We also corrected certain clerical errors and presentation items in our condensed consolidated statement or operations and statement of changes in equity, for the three months ended March 31, 2022. Those are summarized as follows: As Reported Restatement Adjustment As Restated Condensed Consolidated Statement of Operations For the Three Months Ended March 31, 2022 Interest Expense $ — $ 248,754 $ 248,754 Net Loss (134,180 ) (238,753 ) (372,933 ) Loss Per Share $ (0.01 ) $ (0.01 ) $ (0.02 ) Condensed Consolidated Statement of Stockholder's Deficit As of December 31, 2021 Additional Paid in Capital (139,966 ) 1,956,626 1,816,660 Accumulated Deficit (2,257,020 ) (325,192 ) (2,582,212 ) Total Deficit (2,381,222 ) 1,631,434 (749,788 ) For the Three Months Ended March 31, 2022 Net Loss (134,180 ) (238,753 ) (372,933 ) As of March 31, 2022 Additional Paid in Capital (139,966 ) 1,956,626 1,816,660 Accumulated Deficit (2,391,200 ) (563,945 ) (2,955,145 ) Total Deficit (2,515,402 ) 1,392,681 (1,122,721 )

Loss per share

Loss per share	6 Months Ended
Loss per share	Mar. 31, 2023
Loss per common share (Note 4):
(Loss) earnings per share	NOTE 4 - LOSS PER SHARE The following table set forth the computation of the Company’s basic and dilutive loss per common share: Three Months Ended March 31, Six Months Ended March 31, 2023 2022 2023 2022 Numerator: Net loss $ (50,998 ) $ (372,933 ) $ (493,075 ) $ (2,075,815 ) Net loss attributable to common shareholders (50,998 ) (372,933 ) (493,075 ) (2,075,815 ) Denominator: Basic weighted average common shares outstanding 15,777,757 15,764,424 15,771,017 8,792,584 Basic loss per common share $ 0.00 $ (0.02 ) $ (0.03 ) $ (0.24 ) Diluted: Weighted average common shares outstanding 15,777,757 15,764,424 15,771,017 8,792,584 Effect of potentially dilutive common stock equivalents — — — — Diluted weighted-average common shares outstanding 15,777,757 15,764,424 15,771,017 8,792,584 Diluted loss per common share $ 0.00 $ (0.02 ) $ (0.03 ) $ (0.24 ) Securities that were excluded from loss per share as their effect would be anti-dilutive due to the net loss position that could potentially be dilutive in future periods are as follows: Three Months Ended March 31, Six Months Ended March 31, 2023 2022 2023 2022 Convertible senior debt 1,968,989 1,305,696 1,968,989 1,305,696 Outstanding warrants on common stock 2,624,451 1,626,358 2,624,451 1,626,358 Total 4,593,440 2,932,054 4,593,440 2,932,054

Related Party Transactions

Related Party Transactions	6 Months Ended
Related Party Transactions	Mar. 31, 2023
Related Party Transactions
Related Party Transactions	NOTE 5 – RELATED PARTY TRANSACTIONS Brian Weis, the Company’s Chief Operating Officer and his family members own entities which lease premises to AmeriCrew. Amounts paid for related party transactions for the six months ended March 31, 2023 and 2022 are as follows: Entity Product Six Months Ended March 31, 2023 Six Months Ended March 31, 2022 29 Aladdin Avenue Realty LLC Premises Lease $ 29,024 $ 18,879 75 Second Street Realty LLC Premises Lease $ 11,235 $ 7,308 Mikab Realty LLC Premises Lease $ 11,235 $ 7,308 Mikab Properties LLC Premises Lease $ 58,500 $ 26,993 RR Power Leasing LLC Equipment $ 10,908 $ 60,000 Entity Product Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 29 Aladdin Avenue Realty LLC Premises Lease $ 19,445 $ 9,300 75 Second Street Realty LLC Premises Lease $ 7,527 $ 3,600 Mikab Realty LLC Premises Lease $ 7,527 $ 3,600 Mikab Properties LLC Premises Lease $ 39,000 $ 26,993 RR Power Leasing LLC Equipment $ 7,308 $ 60,000 On September 30, 2022, the Company received a loan on equipment from Mr. Weis in the amount of $49,200. The Company has agreed to repay this loan over 24 months with 0% interest. The Company has recorded imputed interest expense at the current Applicable Federal Rates ("AFR").

Accounts Payable and Accrued Li

Accounts Payable and Accrued Liabilities	6 Months Ended
Accounts Payable and Accrued Liabilities	Mar. 31, 2023
Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities	NOTE 6 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities consisted of the following at the dates indicated: March 31, 2023 September 30, 2022 Accounts payable and accrued liabilities: Accounts payable $ 842,557 $ 1,332,297 Accrued expenses — 320,185 Interest payable 99,991 — Payroll accrual 129,298 57,379 Sales tax payable — 12,124 Total accounts payable and accrued liabilities $ 1,071,846 $ 1,721,985

Leasing Arrangements

Leasing Arrangements	6 Months Ended
Leasing Arrangements	Mar. 31, 2023
Leasing Arrangements
Leasing Arrangements	NOTE 7 – LEASING ARRANGEMENTS Mikab leases a commercial building, from Mikab Properties (a related party as described in Note 5), under a 20-year lease beginning October 1, 2009 and ending September 30, 2029, payable in monthly installments of $6,500. Mikab is required to carry insurance and pay for all needed repairs, maintenance and real estate taxes. There are three other premises Mikab leases that are under five-year lease agreements payable in monthly installments of approximately $3,300 to 29 Aladdin Avenue Realty LLC, approximately $1,300 to 75 Second Street Realty LLC and approximately $1,300 to Mikab Realty LLC. Each has a 3% annual increase for the term of the leases. The Company has determined that its finance and operating lease right of use assets are valued at $421,452 and $581,550, respectively, as of March 31, 2023. The finance lease liability consists of $158,788 in current obligations and $262,664 non-current. The operating lease liability consists of $138,607 in current obligations and $486,227 non-current. The future minimum lease commitments are as follows as of March 31, 2023: Operating Finance Remainder of 2023 $ 133,358 $ 130,232 2024 149,203 156,502 2025 151,338 79,352 2026 78,000 55,107 2027 78,000 37,862 Thereafter 136,500 1,380 Total 726,399 460,435 Less: imputed interest 101,565 38,983 Present value of remaining lease payments $ 624,834 $ 421,452 The following table summarizes supplemental information related to leases for the three and six months ended March 31, 2023 and 2022: Cash paid for amounts included in the measurements of lease liabilities: Three Months Ended March 31, 2023 Six Months Ended March 31, 2023 Operating cash flow from operating leases $ 97,637 $ 146,147 Operating cash flow from finance leases $ 80,325 $ 121,338 Right-of-use assets obtained in exchange for lease obligations: Finance leases $ — $ 240,203 Cash paid for amounts included in the measurements of lease liabilities: Three Months Ended March 31, 2022 Six Months Ended March 31, 2022 Operating cash flow from operating leases $ 48,345 $ 73,095 Operating cash flow from finance leases $ 9,624 $ 14,489 The following summarizes other supplemental information about the Company’s leases as of March 31, 2023: Weighted-average remaining lease term – operating leases 4.37 years Weighted-average remaining lease term – finance leases 3.82 years Weighted-average discount rate – operating leases 5.49 % Weighted-average discount rate – finance leases 5.57 %

Concentration of Credit Risk

Concentration of Credit Risk	6 Months Ended
Concentration of Credit Risk	Mar. 31, 2023
Concentration of Credit Risk
Concentration of Credit Risk	NOTE 8 – CONCENTRATION OF CREDIT RISK The Company maintains cash balances in several financial institutions. Such balances are insured by the Federal Deposit Insurance Corporation (“FDIC”) for up to $250,000 per institution. From time to time, the Company’s balances may exceed these limits. The Company had four major customers, which accounted for 84% of all sales, with the customer with the most sales accounting for 29% of all sales, for the six months ended March 31, 2023. Accounts receivable due from those four customers accounted for 74% of accounts receivable, with the highest concentrated accounting for 22% of accounts receivable, as of March 31, 2023. For the six months ended March 31, 2022, two major customers accounted for 69% of all sales. Accounts receivable due from those two customers accounted for 44% of accounts receivable, with the highest concentrated accounting for 30% of accounts receivable, as of March 31, 2022. The Company had four major customers, which accounted for 84% of all sales, with the customer with the most sales accounting for 29% of all sales, for the three months ended March 31, 2023. Accounts receivable due from those four customers accounted for 74% of accounts receivable, with the highest concentrated accounting for 22% of accounts receivable, as of March 31, 2023. For the three months ended March 31, 2022, three major customers accounted for 76% of all sales. Accounts receivable due from those three customers accounted for 60% of accounts receivable, with the highest concentrated accounting for 30% of accounts receivable, as of March 31, 2022.

Fair Value

Fair Value	6 Months Ended
Fair Value	Mar. 31, 2023
Fair Value
FAIR VALUE	NOTE 9 – FAIR VALUE The Company is required to disclose, in the condensed consolidated financial statements, the methods used to determine the fair value of financial assets and liabilities based on a hierarchy of three levels of input. Fair value measurements discussed herein are based upon certain market assumptions and pertinent information available to the Company as of and during the period. The three levels of the fair value hierarchy under FASB ASC Topic 820, Fair Value Measurement, are described as follows: Level 1 - Valuations based on quoted prices for identical assets and liabilities in active markets. Level 2 - Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 - Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment. Because of their short-term nature, the amounts reported in the condensed consolidated financial statements for cash, accounts receivable, prepaid expenses, accounts payable and accrued liabilities, and loans and notes payable approximated their respective fair values at March 31, 2023 and September 30, 2022.

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Mar. 31, 2023
Income Taxes
Income Taxes	NOTE 10 - INCOME TAXES The income tax expense for the three and six months ended March 31, 2023 and 2022, respectively is $0. The effective tax rate differs from the statutory Federal rate of 21% primarily because of the change in valuation allowance and the uncertainty of realizing a tax benefit from the Company’s Net Operating Losses (NOLs). The primary components of the Company's net deferred tax assets and liabilities are as follows: March 31, 2023 September 30, 2022 Total Deferred Tax Assets $ 743,000 $ 650,000 Less: Valuation Allowance $ (743,000 ) $ (650,000 ) Net deferred tax asset / (liability) — $ — As of March 31, 2023 and September 30, 2022, the Company had approximately $3.5 million and $3.1 million, respectively, of federal NOL carryforwards available to offset future taxable income. Full valuation allowances have been established for Federal, state and local jurisdictions that reduce the Company’s net deferred tax assets to an amount that will, more likely than not, be realized. The uncertainty that may affect the realization of these assets is the ability of the Company to generate sufficient taxable income from its operations.

Notes and Loans Payable- Relate

Notes and Loans Payable- Related party	6 Months Ended
Notes and Loans Payable- Related party	Mar. 31, 2023
Notes and Loans Payable- Related party
NOTES AND LOANS PAYABLE - RELATED PARTY	NOTE 11 – NOTES AND LOANS PAYABLE - RELATED PARTY Notes Payable - Related Party As of March 31, 2023 and September 30, 2022, the balances of notes payable related party were $367,888 and $370,429, respectively, inclusive of bridge loans and short term loans. Bridge loans bear an annualized interest rate of 12%. On December 31, 2022 all notes payable with related parties were amended to grant additional warrants and extend the maturity date to December 31, 2023. The notes payable to related parties are presented net of unamortized discount of approximately $207,000 and $192,000 as of March 31, 2023 and September 30, 2022, respectively. Individual/Entity Amount of Note Due Dates Number of Warrants David Unger $ 83,790 December 31, 2023 45,750 Earl Scott(1) $ 125,548 December 31, 2023 68,550 Brian Weis(2) $ 24,450 December 31, 2023 13,350 Lender $ 40,934 December 31, 2023 22,350 New Jersey Tower, Inc.(3) $ 150,000 December 31, 2023 92,400 RR Power Leasing, LLC(4) $ 150,000 December 31, 2023 92,400 (1) Former Chief People Officer and director. (2) Chief Operating Officer and a director. (3) Brian Weis owns 20% of this entity. (4) Brian Weis is the managing member of this entity and owns a 2% interest. A trust of which Mr. Weis is one of two trustees. Warrants issued on December 31, 2021 to holders of the notes were valued at $1.73 - $1.93. The fair value of each warrant is estimated on the date of issuance using the Black Scholes model based on the following inputs: Stock price $ 1.75 - 1.95 Exercise (strike) price $ 1.90 Time to maturity (in years) 5 Annual risk free rate 1.27 % Annualized volatility 230 % Additional warrants issued on December 31, 2022 to holders of the notes were valued at $1.57. The fair value of each warrant is estimated on the date of issuance using the Black Scholes model based on the following inputs: Stock price $ 1.59 Exercise (strike) price $ 1.90 Time to maturity (in years) 5 Annual risk free rate 3.94 % Annualized volatility 230 % The additional warrants had a calculated fair value of approximately $527,000 at issuance, as of December 31, 2022. Using the relative fair value method, the Company recognized the resultant debt discount and equity classified warrant in the amount of approximately $276,000 in connection with the notes payable to related parties. Amortization of the discount in connection with the related party notes was $68,945 for the three months ended March 31, 2023. As of March 31, 2023, the remaining unamortized discount associated with the notes was $206,834. Loans Payable - Equipment, Related Party As of March 31, 2023 and September 30, 2022, the balances of equipment loans payable with a related party were $43,050 and $49,200, respectively, of which $30,750 and $24,600 was classified as a current liability as of March 31, 2023 and September 30, 2022, respectively. The Company has agreed to repay this loan over 24 months with 0% interest, maturing in September 2024. The Company has recorded imputed interest expense at the current AFR of approximately $500 and $1,100 for the three and six months ended March 31, 2023, respectively. During the six months ended March 31, 2023 and 2022, the Company received proceeds from related party loans of approximately $18,100 and $7,600, respectively.

Loans Payable

Loans Payable	6 Months Ended
Loans Payable	Mar. 31, 2023
Loans Payable
LOANS PAYABLE	NOTE 12 – LOANS PAYABLE Loans Payable - Stockholder As of both March 31, 2023 and September 30, 2022, the balance of loans payable to stockholder were $464,078. The loans bear no interest until maturity on January 1, 2025. Interest after maturity is 10% per annum until fully repaid. The Company recognized imputed interest for the three months ended March 31, 2023 and 2022 of approximately $5,300 and $1,100, respectively, based on the then current AFR. The Company recognized imputed interest for the six months ended March 31, 2023 and 2022 of approximately $10,600 and $2,300, respectively. Loans Payable - Insurance As of March 31, 2023 and September 30, 2022, the balance of loans payable insurance was $125,065 and $380,799, respectively, all of which is classified as a current liability. The total balance is comprised of two loans, maturing in July and August of 2023, respectively. The loans have an effective interest rate of 6.1% and 5.6%, respectively. Loans Payable - Equipment On February 16, 2023, the Company financed an equipment purchase of $38,475 with NREF, a non-related party. As of March 31, 2023, the balance of the loans payable equipment was $26,566. The loans payable equipment has payments of approximately $1,300 due monthly until maturity in July 2026, with an effective interest rate of approximately 13%. During the six months ended March 31, 2023 and 2022, the Company made repayments of loans payable of approximately $219,000 and $345,000, respectively.

Convertible Debt and Warrants

Convertible Debt and Warrants	6 Months Ended
Convertible Debt and Warrants	Mar. 31, 2023
Convertible Debt and Warrants
Convertible Debt and Warrants	NOTE 13 – CONVERTIBLE DEBT AND WARRANTS During the fourth quarter of 2021, the Company sold $2,485,000 of senior secured convertible notes (the “Notes”) and five-year Class A Warrants to purchase 1,195,354 shares of the Company’s common stock at an exercise price of $1.9032 per share. It also issued 110,342 Placement Agent Warrants to a Placement Agent which contain similar terms to the Class A Warrants except they are exercisable at $2.0935 per share. Each Note is due two years from the date of issuance. The Notes bear interest at 8% per annum payable quarterly, subject to an increase in case of an event of default as provided for therein, and interest is payable in cash or common stock at the option of each investor. The Notes are convertible into shares of common stock at any time following the date of issuance at the holder’s option at a conversion price of $1.9032 per share, subject to certain adjustments. The conversion price will also be subject to adjustment upon any issuance by the Company of common stock or securities convertible or exercisable into common stock at a price per share that is lower than the conversion price (a “Dilutive Price”), subject to certain exempt issuances, whereupon the conversion price will be adjusted to 80% of the Dilutive Price. Furthermore, at any time after December 31, 2022, we may, after written notice to the noteholders, redeem all of the then outstanding principal amount of the Notes for cash in an amount equal to the sum of 110% of the then outstanding principal amount of the Notes, accrued but unpaid interest and all other amounts due in respect of the Notes (if any). The Notes also contain certain negative covenants including the general inability to borrow funds whether to prepay the Notes or otherwise. The Class A Warrants are exercisable for five years from the respective dates of issuance at an exercise price of $1.9032 per share, subject to certain adjustments, including adjustment upon any issuance by the Company of common stock or securities convertible or exercisable into common stock at a Dilutive Price in which event the exercise price will be adjusted to 80% of the Dilutive Price, subject to certain exempt issuances. If at any time after the six-month anniversary of the issuance of the Class A Warrants, there is no effective Registration Statement registering, or no current Prospectus available for, the resale of the shares underlying the Class A Warrants, the holders may exercise the Class A Warrants on a net exercise or cashless basis. Our obligations under the Notes are secured by a first priority lien on all of our assets and those of our wholly owned subsidiaries pursuant to a Security Agreement, dated October 5, 2021 by and among the Company, our wholly owned subsidiaries, Mikab and Americrew Holdings, LLC, the noteholders, and Westpark Capital, Inc. (“West Park”), as agent for the secured parties. Our obligations under the Notes are also guaranteed by our subsidiaries. The Company and our wholly owned subsidiaries, entered into a Guaranty Agreement, dated October 5, 2021. The Notes also contain customary negative covenants prohibiting the Company from certain actions while the Notes remain outstanding. Each of the Notes and the Class A Warrants contain a 4.99% beneficial ownership limitation pursuant to which neither may be converted or exercised, as applicable, if and to the extent that following such conversion or exercise the holder would beneficially own more than 4.99% of the Company’s outstanding common stock, subject to increase to 9.99% upon 61 days’ prior written notice by the holder. In addition, pursuant to the Securities Purchase Agreement, we entered into Registration Rights Agreements with the purchasers, in which we agreed to file a Registration Statement on Form S-1 with the SEC, covering the resale of the shares of common stock issuable upon conversion of the Notes and exercise of the Class A Warrants and to have such Registration Statement declared effective within 90 days thereafter. The Registration Statement was filed with the SEC during February 2022, and withdrawn in September 2022. The Class A Warrants are equity classified. On the date of issuance, the Class A Warrants had a fair value of approximately $3,900,000 and relative fair value of $1,500,000. Amortization of debt discount over the notes related two-year term has been recorded in interest expense the accompanying condensed consolidated statement of operations. Interest expense with respect to the debt discount amortization was approximately $189,000 and $189,000 for the three months ended March 31, 2023 and 2022, respectively. Interest expense with respect to the debt discount amortization was approximately $378,000 and $249,000 for the six months ended March 31, 2023 and 2022, respectively. The unamortized debt discount associated with these Class A Warrants was approximately $503,000 and $881,000 as of March 31, 2023 and September 30, 2022, respectively. The Class A Warrants issued with the December 2021 senior secured convertible notes were valued at $1.73 to $4.92 on the date of issuance. The fair value of each Class A Warrant was estimated on the date of issuance using the Black Scholes model based on the following inputs: Stock price $ 1.75 - 4.97 Exercise (strike) price $ 1.90 Time to maturity (in years) 5 Annual risk free rate 0.95 - 1.29 % Annualized volatility 197 - 230 % On September 30, 2022, the Company raised $245,000 of capital in the form of senior secured convertible notes and accompanying Class A and Class B Warrants. The notes pay interest at the rate of 8% and are payable two years after issuance, with due dates ranging from September 2024 to December 2024. The lenders can convert the investment at a rate of $1.9032 per share. The lenders also received Class A or Class B Warrants (together, the "Warrants") to buy common stock of the Company at $1.9032 and $2.50, respectively. These Warrants expire five years from issuance, with expiration dates ranging from September 2027 to December 2027. The Class B Warrants are exercisable for five years from the respective dates of issuance at an exercise price of $2.50 per share, subject to certain adjustments, including adjustment upon any issuance by the Company of common stock or securities convertible or exercisable into common stock at a Dilutive Price in which event the exercise price will be adjusted to 80% of the Dilutive Price, subject to certain exempt issuances. If at any time after the six-month anniversary of the issuance of the Class B Warrants, there is no effective Registration Statement registering, or no current Prospectus available for, the resale of the shares underlying the Class B Warrants, the holders may exercise the Class B Warrants on a net exercise or cashless basis. The Warrants issued with the September 2022 senior secured convertible notes were valued at $1.97. The fair value of each Warrant was estimated on the date of issuance using the Black Scholes model based on the following inputs: Stock price $ 2.00 Exercise (strike) price $ 1.90 - 2.50 Time to maturity (in years) 5 Annual risk free rate 4.06 % Annualized volatility 214 % The Warrants issued with the September 2022 senior secured convertible notes had a calculated fair value of approximately $381,000. Using the relative fair value method, the Company recognized the resultant debt discount and equity classified Warrant in the amount of approximately $149,000. The debt discount will be accreted to interest expense over the two-year term of the related convertible notes. Interest expense with respect to the debt discount amortization for the three months ended March 31, 2023 was approximately $19,000. Interest expense with respect to the debt discount amortization for the six months ended March 31, 2023 was approximately $37,000. There was no interest accretion in the nine months ended September 30, 2022. During October 2022 and December 2022, the Company raised $593,000 of capital in the form of senior secured convertible notes and accompanying Class A and Class B Warrants. The notes pay interest at the rate of 8% and are payable two years after issuance, with due dates ranging from October 2024 to December 2024. The lenders can convert the investment at a rate of $1.9032 per share. The lenders also received Class A or Class B Warrants to buy common stock of the Company at $1.9032 and $2.50, respectively. These Warrants expire five years from issuance, with expiration dates ranging from October 2027 to December 2027. The Warrants issued with the October 2022 and December 2022 senior secured convertible notes were valued at $1.57 to $1.88 on the date of issuance. The fair value of each Warrant was estimated on the date of issuance using the Black Scholes model based on the following inputs: Stock price $ 1.59 - 1.90 Exercise (strike) price $ 1.90 - 2.50 Time to maturity (in years) 5 Annual risk free rate 3.94 - 4.19 % Annualized volatility 230 % The Warrants issued with the October 2022 and December 2022 senior secured convertible notes had a calculated fair value of approximately $802,000. Using the relative fair value method, the Company recognized the resultant debt discount and equity classified Warrant in the amount of approximately $340,000. The debt discount will be accreted to interest expense over the two-year term of the related convertible notes. Interest expense with respect to the debt discount amortization for the three months ended March 31, 2023 was approximately $43,000. Interest expense with respect to the debt discount amortization for the six months ended March 31, 2023 was approximately $55,000. The following table presents the Company's convertible note maturities: Maturities of convertible notes payable Year ending September 30, 2023 $ — 2024 2,730,000 2025 593,000 2026 — 2027 — Thereafter — Total principal due 3,323,000 Total convertible notes and accrued interest balance due 3,323,000 Less: debt discount (900,179 ) Total convertible notes balance $ 2,422,821 The following table presents the Company's warrant activity from September 31, 2021 to March 31, 2023: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Outstanding as of September 30, 2021 — $ — — Issued 1,626,364 1.89 — Expired — — — Exercised — — — Outstanding as of December 31, 2021 1,626,364 1.89 4.92 Issued — — — Expired — — — Exercised — — — Outstanding as of March 31, 2022 1,626,364 1.89 4.67 Issued 193,160 2.10 — Expired — — — Exercised — — — Outstanding as of September 30, 2022 1,819,524 1.91 4.26 Issued 804,927 2.02 — Expired — — — Exercised — — — Outstanding as of March 31, 2023 2,624,451 1.95 4.05 Warrants exercisable as of March 31, 2023 2,624,451 $ 1.95 4.05

Contingencies

Contingencies	6 Months Ended
Contingencies	Mar. 31, 2023
Contingencies
Contingencies	NOTE 14 – CONTINGENCIES The Company may from time to time be involved in various legal proceedings and litigation arising in the ordinary course of business. In the opinion of management, the outcome of such proceedings and litigation will not have a material adverse effect on the Company’s condensed consolidated financial statements.

Business Basis of Presentatio_2

Business Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Mar. 31, 2023
Business Basis of Presentation and Significant Accounting Policies
Business	Americrew, Inc. (the “Company”, or “PhoneBrasil”) was organized in New Jersey as Donald Utz Engineering, Inc. in 1991. The Company later changed its name to PhoneBrasil International, Inc. and further filed a Registration of Alternate Name in the State of New Jersey for the use of the name PhoneBrasil International, Inc. (“we” or the “Company”). The Company subsequently became inactive and ceased operations. On February 14, 2020, the Superior Court of New Jersey Equity Division appointed Custodian Ventures, LLC as the custodian for PhoneBrasil International, Inc., f/k/a Utz Technologies, Inc., Civil Action No. C-2-20, finding that Custodian Ventures, LLC had exhausted all reasonable means of serving the Summons and Complaint in the action to the officers and directors of PhoneBrasil International, Inc., f/k/a Utz Technologies, Inc., and thereby deemed to have served the Summons and Complaint pursuant to Rule 4:4-4(b)(3) and the officers and directors failed to answer or respond in the time allotted by Rule 1:20-6.2. There was no opposition. On September 15, 2020, the Company issued 18,000,000 shares of $0.00001 par value common stock to Custodian Ventures, LLC in return for a reduction of $5,000 of the interest-free demand loans issued to the Company by Custodian Ventures, LLC. On September 30, 2020, the Company filed a Restated Certificate of Incorporation which increased the authorized shares to 300,000,000 shares of common stock and 10,000,000 shares of preferred stock each with a par value of $0.000001 per share. The preferred shares are convertible to common shares at a ratio of 30 to 1. The increase in the shares the Company is authorized to issue was made because Management believed that it would better position the Company in its efforts to make acquisitions of viable business entities on a stock for stock basis. The Board of Directors further believed it would benefit the shareholders to have a substantial number of unreserved shares available for issuance so that adequate shares may be available for the possible business combination or acquisition. On October 5, 2020, the Company issued 10,000,000 shares of Series A Preferred Stock to Custodian Ventures, LLC in return for a reduction of $10,000 of related party debt that had been extended to the Company. Effective December 9, 2020, DR Shell LLC, a Delaware limited liability company (the “Buyer”) purchased from Custodian Ventures LLC (the "Seller"), 18,000,000 shares of the common stock of the Company, representing approximately 62% of the outstanding Common Stock of the Company, and (ii) 10,000,000 shares of Series A Convertible Preferred Stock of the Company, for a total purchase price of $245,000, paid in cash. The funds were provided by the Buyer’s members. The shares were acquired pursuant to a Stock Purchase Agreement, dated December 9, 2020 (the “SPA”), by and among the Seller, the Buyer, and David Lazar, then Chief Executive Officer of the Company and managing director of Custodian Ventures, LLC. Additionally, under the terms of the SPA, Mr. Lazar forgave $41,229 in related-party loans. As a result of the transaction, Mr. Ross DiMaggio, the manager of the Buyer, acquired control of the Company. Under the terms of the SPA, effective December 9, 2020, Mr. Lazar resigned as the Chief Executive Officer, Treasurer, and Secretary of the Company, and Mr. DiMaggio was appointed as the sole director, Chief Executive Officer, Treasurer, and Secretary of the Company. On August 12, 2021, the Company executed a Share Exchange Agreement with Mikab Corporation ("Mikab"). The Company exchanged 94.2% of the outstanding PhoneBrasil Common Stock for the capital stock of Mikab. On September 13, 2021, the Company increased the authorized common stock to 1,650,000,000 shares. On November 16, 2021, the Company filed a Second Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Amendment”) with the New Jersey Secretary of State pursuant to the New Jersey Business Corporation Act (the “NJBCA”). The Amendment made the following changes: 1. Changed the name of the company to Americrew, Inc. 2. The total number of shares of stock of the Company was changed to 85,000,000 shares consisting of (i) 75,000,000 shares of common stock, par value $0.001, and (ii) 10,000,000 shares of preferred stock, par value $0.001. 3. The Company effected a reverse stock split wherein each 100 shares of common stock issued and outstanding or held by the Company in treasury stock immediately prior to the effective time were combined and converted into one share of common stock. Following the Mikab acquisition (the "Acquisition"), in 2021 the Company changed its domicile from New Jersey to Delaware. Under guidance of Accounting Standards Codification ("ASC") 805-10-55-11 through 15, Mikab has been identified as the acquirer for accounting purposes. AmeriCrew and Mikab (together, the "Company") are each service companies engaged in the business of building a national infrastructure involving the installation of rural wireless telecommunication cables, upgrading wireless communications towers and other above-ground infrastructure and, going forward, providing planning, installation, maintenance and upgrade services with respect to electronic vehicle (EV) charging stations. The Company provides specialty infrastructure contracting services to market participants in the telecommunications and clean energy industries throughout the United States. A proportion of the Company’s workforce is staffed through a unique in-house program through which the Company hires and trains military veterans to provide construction and maintenance services to customers. The Company’s operations are predominantly focused on its telecommunications infrastructure services business and clean energy industries in the geographic area of New Jersey and Indiana. The Company’s chief operating decision maker has been identified as the Chief Operating Officer, who reviews consolidated results when making decisions about allocating resources and assessing the performance of the Company. The Chief Operating Officer determined the Company operates under one reportable segment with four business units: Wireless, Fiber Clean Energy and Workforce Development.
Basis of Presentation	The accompanying condensed consolidated financial statements have been prepared in accordance with the Financial Accounting Standards Board (“FASB”) “FASB Accounting Standard Codification™” (the “Codification”) which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States. From an accounting perspective, the condensed consolidated financial statements of the combined entity represent a continuation of the financial statements of the accounting acquirer/legal acquiree. As such, the historical cost bases of assets and liabilities of the acquiring entity (the accounting acquirer/legal acquiree) are maintained in the consolidated financial statements of the merged company and the assets and liabilities (if any) of the acquired entity (the legal acquirer) are accounted for under the acquisition method. Results of operations of the acquired entity (the legal acquirer) are included in the financial statements of the combined company only from the acquisition date.
Going concern	The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date these financial statements are issued. Because the Company does not expect that existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Historically, the Company has raised capital through private placements of convertible debt and warrants and obtaining short-term loans from related parties, to finance working capital needs, and may attempt to raise capital through the sale of common stock or other securities and obtaining additional loans from related parties. There can be no assurance that the Company will be successful in raising future capital. The Company had $67,226 in cash on hand as of May 12, 2023. The Company will need to raise additional capital to fund its operations for the next twelve months and to repay its short-term debt and the convertible promissory notes. A total of $2,485,000 of the senior secured promissory notes mature between October 4, 2023, and December 30, 2023 and a total of $838,000 of the senior secured promissory notes mature between September 30, 2024 and December 29, 2024. In addition, the Company owes $464,078 to the estate of a family member of its Chief Operating Officer which is due January 1, 2025. Our liquidity is primarily derived from financing transactions and revenue from our contracts with customers, although management anticipates a larger proportion of our capital resources to be derived from financing transactions in future periods, particularly as we seek growth capital to fund our acquisition efforts in the next twelve months. The Company is reliant upon completing one or more securities offerings in the future to continue its operations as planned and to meet its financial obligations as they become due. Because the Company was only able to raise $2,485,000 of the up to $15,000,000 sought in its prior private placement offerings which closed as of December 31, 2021, the Company launched a second offering of $7 million of convertible notes and warrants in August 2022, of which $838,000 was raised in 2022; this second offering expired on March 31, 2023. We will therefore require additional capital in order to execute our business plan. We believe substantial doubt exists about the Company’s ability to continue as a going concern for twelve months from the date of issuance of our financial statements. The accompanying condensed consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of this uncertainty.
Use of Estimates	The preparation of the condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities as of the reporting date of these condensed consolidated financial statements. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these condensed consolidated financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.
Principles of Consolidation	These condensed consolidated financial statements include the accounts of AmeriCrew, Mikab Corporation and AmeriCrew CE Services, LLC. These companies are the operating units of AmeriCrew and generate all of the revenues for AmeriCrew. AmeriCrew CE Services, LLC was formed on March 29, 2021, as a subsidiary of Mikab. All intercompany transactions are eliminated in consolidation.
Management's Representation of Interim Condensed Consolidated Financial Statements	The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual consolidated financial statements. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed, consolidated, or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to fairly present the financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of and for the period ended September 30, 2022, as presented in the Company’s Transition Annual Report on Form 10-KT for the nine month transition period ended September 30, 2022 filed with the SEC on January 30, 2023 as amended.
Significant Accounting Policies	The following is a summary of significant accounting policies followed in the preparation of the accompanying condensed consolidated financial statements.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts receivable are stated at their full collectible value less an allowance for doubtful accounts for any receivables over six months old or which was deemed doubtful of collection. Accounts receivable balances that are still outstanding after the Company has used reasonable collection efforts are written off as uncollectible. From time to time, the Company uses its non-recourse factor arrangement to receive advances on approved invoices. March 31, 2023 September 30, 2022 Accounts Receivable – Total $ 2,616,621 $ 1,880,003 Less: Allowance for Doubtful Accounts (65,000 ) (65,000 ) Accounts Receivable – Net $ 2,551,621 $ 1,815,003 On January 28, 2022, Mikab entered into a non-recourse Factoring and Security Agreement (the “Factoring Agreement”) with Tower Cap LLC (the “Purchaser”), under which the Purchaser agreed to purchase selected Mikab accounts receivable (subject to a required reserve). The Purchaser retains the right to purchase such accounts as it deems appropriate. Under the Factoring Agreement, the amount advanced to Mikab varies by account debtor. The fees include interest ranging from 1.95% per month for accounts due in 30 days to 1.75% for accounts due in 90 days in addition to other fees which Mikab will be charged in the ordinary course of the relationship. The Purchaser also has a security interest (subject to that of the holders of the 2021 Notes described in Note 13) in all accounts receivable and other assets of Mikab.
Revenue Recognition	The Company adopted Accounting Standards Codification (“ASC”) 606 — Revenue from Contracts with Customers (“ASC 606”) as of January 1, 2019, using the modified retrospective method. This method allows the Company to apply ASC 606 to new contracts entered into after January 1, 2019, and to its existing contracts for which revenue earned through December 31, 2018, has been recognized under the guidance in effect prior to the effective date of ASC 606. The revenue recognition processes the Company applied prior to the adoption of ASC 606 aligned with the recognition and measurement guidance of the new standard, therefore adoption of ASC 606 did not require a cumulative adjustment to opening equity in 2019. Under ASC 606, a performance obligation is a promise within a contract to transfer a distinct good or service, or a series of distinct goods and services, to a customer. Revenue is recognized when performance obligations are satisfied, and the customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for goods or services. Under the standard, a contract’s transaction price is allocated to each distinct performance obligation. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the Company performs the following five steps: (i) identifies the contracts with a customer; (ii) identifies the performance obligations within the contract; (iii) determines the transaction price; (iv) allocates the transaction price to the performance obligations in the contract; and (v) recognizes revenue when, or as, the Company satisfies each performance obligation. Customers are billed as work is completed and accepted. Extended contracts are billed in segments as completed. The amount of unbilled work in process at the end of a period is immaterial to the financial statements taken as a whole. If a contract has been completed and accepted but not billed at the end of the year, the contract price is accrued as sales in the period completed.
Fixed assets, net	Fixed assets are carried at cost. Depreciation of the fixed assets is calculated on the straight-line method over estimated useful lives of five to fifteen years. Trucks and automobiles have estimated useful lives of seven to fifteen years, equipment has estimated useful lives of five to fifteen years and improvements have estimated useful lives of five to ten years. March 31, 2023 September 30, 2022 Trucks and automobiles $ 581,377 $ 867,388 Equipment 213,447 293,543 Improvements 381,300 381,300 Total fixed assets 1,176,123 1,542,231 Less: accumulated depreciation (935,827 ) (1,382,143 ) Fixed assets, net $ 240,297 $ 160,088 Depreciation expense related to fixed assets amounted to approximately $25,600 and $16,600 for the six months ended March 31, 2023 and 2022, respectively. The Company reviews its long-lived assets, consisting of fixed assets, for impairment whenever events or circumstances exist that indicate the carrying amount of an asset or asset group may not be recoverable. The recoverability of long-lived assets is measured by a comparison of the carrying amount of the asset or asset group to the future undiscounted cash flows expected to be generated by that asset group. If the asset or asset group is considered to be unrecoverable, an impairment loss is recorded to adjust the carrying amounts to the estimated fair value. No impairment expenses were recorded for the three or six months ended March 31, 2023 and March 31, 2022.
Recapitalization Expenses	For the six months ended March 31, 2022, the Company recognized non-recurring costs, associated with the merger transaction described above, of approximately $240,000.
Income (Loss) per Share	We compute basic income (loss) per common share by dividing net income (loss) available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. We compute diluted income (loss) per common share by dividing net income (loss) available to common shareholders by the sum of (1) the weighted-average number of shares of common stock outstanding during the period, (2) the dilutive effect of the assumed exercise of warrants, and (3) the dilutive effect of other potentially dilutive securities. We exclude the potential dilutive effect of warrants and convertible instruments from the determination of diluted income (loss) per common share if the effect of including them would be antidilutive.
Income Tax	As a result of the stock transactions on August 12, 2021, the Company Subchapter S election has been terminated. As of that date forward the Company is be treated as a taxable C corporation. Separate short year tax returns for S and C Corporations were required to be filed for 2021. The Company is a C Corporation for federal income tax purposes. Income taxes include U.S. federal, state, and local taxes, and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. These differences are primarily related to the allowance for doubtful accounts, prepaid expenses, and various accruals. Deferred tax assets and liabilities are determined based on the difference between the consolidated financial statement balances and the tax bases of assets and liabilities using enacted tax rates in effect for the years in which the differences are expected to reverse. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the years that include the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to amounts expected to be realized. Deferred tax assets and liabilities are aggregated and shown as a net non-current amount on the accompanying consolidated balance sheet. An uncertain tax position in a tax return is recognized in the consolidated financial statements when it is more likely than not that the position would be sustained upon examination by taxing authorities. A recognized tax position is then measured at the largest amount of benefit that has greater than a 50% likelihood of being realized upon ultimate settlement. Accounting provisions also require that a change in judgment that results in subsequent recognition, derecognition, or change in a measurement of a tax position taken in a prior annual period (including any related interest and penalties) be recognized as a discrete item in the period in which the change occurs. The Company regularly evaluates the likelihood of recognizing the benefit from income tax positions taken in various federal and state filings by considering all relevant facts, circumstances, and information available. The Company evaluates all significant tax positions. As of March 31, 2023, the Company does not believe that it has any significant tax positions that would result in additional tax liability, nor does it believe that there are any tax benefits that would increase or decrease within the next twelve months. The Company’s policy is to include interest and penalties, if any, within the provision for taxes in the consolidated statement of operations. To date, there have been no interest or penalties charged in relation to unrecognized tax benefits. The Company’s income tax returns are subject to examination by appropriate taxing authorities. As of March 31, 2023, the Company’s federal and state income tax returns for 2021 remain open.
New Accounting Standards	In February 2016, the FASB issued new lease accounting guidance in ASU No. 2016-02, Leases-Topic 842, which has been codified in ASC 842, Leases. Under this new guidance, lessees are required to recognize for all leases (with the exception of short-term leases): 1) a lease liability equal to the lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis and 2) a right-of-use asset which will represent the lessee’s right to use, or control the use of, a specified asset for the lease term. This standard was effective for AmeriCrew in the annual reporting period beginning after December 31, 2021. The new standard was adopted as of January 1, 2022, using the modified retrospective approach. As of March 31, 2023, a right of use operating lease asset of $581,550, a right of use finance lease asset of $421,452, an operating lease liability of $624,834 and a finance lease liability of $421,452 are recorded on the Company’s consolidated financial statements.
Recently Issued Accounting Standards Not Yet Adopted	In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which changes the impairment model for most financial assets and certain other instruments. For receivables, loans and other instruments, entities will be required to use a new forward-looking “expected loss” model that generally will result in the earlier recognition of allowance for losses. For available-for-sale debt securities with unrealized losses, entities will measure credit losses in a manner similar to current practice, except the losses will be recognized as allowances instead of reductions in the amortized cost of the securities. In addition, an entity will have to disclose significantly more information about allowances, credit quality indicators and past due securities. The new standard is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, and will be applied as a cumulative-effect adjustment to retained earnings. The Company is currently evaluating the impact of the pending adoption of the new standard on its consolidated financial statements and intends to adopt the standard on October 1, 2023.

Business Basis of Presentatio_3

Business Basis of Presentation and Significant Accounting Policies (Tables)	6 Months Ended
	Mar. 31, 2023
Business Basis of Presentation and Significant Accounting Policies
Schedule of accounts receivables net	March 31, 2023 September 30, 2022 Accounts Receivable – Total $ 2,616,621 $ 1,880,003 Less: Allowance for Doubtful Accounts (65,000 ) (65,000 ) Accounts Receivable – Net $ 2,551,621 $ 1,815,003
Schedule Of Fixed Asset,Net of Depreciation	March 31, 2023 September 30, 2022 Trucks and automobiles $ 581,377 $ 867,388 Equipment 213,447 293,543 Improvements 381,300 381,300 Total fixed assets 1,176,123 1,542,231 Less: accumulated depreciation (935,827 ) (1,382,143 ) Fixed assets, net $ 240,297 $ 160,088

Restatement (Tables)

Restatement (Tables)	6 Months Ended
Restatement (Tables)	Mar. 31, 2023
Restatement
Schedule of consolidated statement or operations and statement	As Reported Restatement Adjustment As Restated Condensed Consolidated Statement of Operations For the Three Months Ended March 31, 2022 Interest Expense $ — $ 248,754 $ 248,754 Net Loss (134,180 ) (238,753 ) (372,933 ) Loss Per Share $ (0.01 ) $ (0.01 ) $ (0.02 ) Condensed Consolidated Statement of Stockholder's Deficit As of December 31, 2021 Additional Paid in Capital (139,966 ) 1,956,626 1,816,660 Accumulated Deficit (2,257,020 ) (325,192 ) (2,582,212 ) Total Deficit (2,381,222 ) 1,631,434 (749,788 ) For the Three Months Ended March 31, 2022 Net Loss (134,180 ) (238,753 ) (372,933 ) As of March 31, 2022 Additional Paid in Capital (139,966 ) 1,956,626 1,816,660 Accumulated Deficit (2,391,200 ) (563,945 ) (2,955,145 ) Total Deficit (2,515,402 ) 1,392,681 (1,122,721 )

Loss per share (Tables)

Loss per share (Tables)	6 Months Ended
Loss per share (Tables)	Mar. 31, 2023
Loss per common share (Note 4):
Schedule of basic and dilutive earnings (loss) per common share	Three Months Ended March 31, Six Months Ended March 31, 2023 2022 2023 2022 Numerator: Net loss $ (50,998 ) $ (372,933 ) $ (493,075 ) $ (2,075,815 ) Net loss attributable to common shareholders (50,998 ) (372,933 ) (493,075 ) (2,075,815 ) Denominator: Basic weighted average common shares outstanding 15,777,757 15,764,424 15,771,017 8,792,584 Basic loss per common share $ 0.00 $ (0.02 ) $ (0.03 ) $ (0.24 ) Diluted: Weighted average common shares outstanding 15,777,757 15,764,424 15,771,017 8,792,584 Effect of potentially dilutive common stock equivalents — — — — Diluted weighted-average common shares outstanding 15,777,757 15,764,424 15,771,017 8,792,584 Diluted loss per common share $ 0.00 $ (0.02 ) $ (0.03 ) $ (0.24 )
Schedule of basic and dilutive earnings (loss) per common share	Three Months Ended March 31, Six Months Ended March 31, 2023 2022 2023 2022 Convertible senior debt 1,968,989 1,305,696 1,968,989 1,305,696 Outstanding warrants on common stock 2,624,451 1,626,358 2,624,451 1,626,358 Total 4,593,440 2,932,054 4,593,440 2,932,054

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
Related Party Transactions (Tables)	Mar. 31, 2023
Related Party Transactions
Schedule of Related Party Transaction	Entity Product Six Months Ended March 31, 2023 Six Months Ended March 31, 2022 29 Aladdin Avenue Realty LLC Premises Lease $ 29,024 $ 18,879 75 Second Street Realty LLC Premises Lease $ 11,235 $ 7,308 Mikab Realty LLC Premises Lease $ 11,235 $ 7,308 Mikab Properties LLC Premises Lease $ 58,500 $ 26,993 RR Power Leasing LLC Equipment $ 10,908 $ 60,000 Entity Product Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 29 Aladdin Avenue Realty LLC Premises Lease $ 19,445 $ 9,300 75 Second Street Realty LLC Premises Lease $ 7,527 $ 3,600 Mikab Realty LLC Premises Lease $ 7,527 $ 3,600 Mikab Properties LLC Premises Lease $ 39,000 $ 26,993 RR Power Leasing LLC Equipment $ 7,308 $ 60,000

Accounts Payable and Accrued _2

Accounts Payable and Accrued Liabilities (Tables)	6 Months Ended
Accounts Payable and Accrued Liabilities (Tables)	Mar. 31, 2023
Accounts Payable and Accrued Liabilities
Schedule of Accounts payable and accrued liabilities	March 31, 2023 September 30, 2022 Accounts payable and accrued liabilities: Accounts payable $ 842,557 $ 1,332,297 Accrued expenses — 320,185 Interest payable 99,991 — Payroll accrual 129,298 57,379 Sales tax payable — 12,124 Total accounts payable and accrued liabilities $ 1,071,846 $ 1,721,985

Leasing Arrangements (Tables)

Leasing Arrangements (Tables)	6 Months Ended
Leasing Arrangements (Tables)	Mar. 31, 2023
Leasing Arrangements
The future minimum lease commitments	Operating Finance Remainder of 2023 $ 133,358 $ 130,232 2024 149,203 156,502 2025 151,338 79,352 2026 78,000 55,107 2027 78,000 37,862 Thereafter 136,500 1,380 Total 726,399 460,435 Less: imputed interest 101,565 38,983 Present value of remaining lease payments $ 624,834 $ 421,452
Schedule supplemental information related to leases	Cash paid for amounts included in the measurements of lease liabilities: Three Months Ended March 31, 2023 Six Months Ended March 31, 2023 Operating cash flow from operating leases $ 97,637 $ 146,147 Operating cash flow from finance leases $ 80,325 $ 121,338 Right-of-use assets obtained in exchange for lease obligations: Finance leases $ — $ 240,203 Cash paid for amounts included in the measurements of lease liabilities: Three Months Ended March 31, 2022 Six Months Ended March 31, 2022 Operating cash flow from operating leases $ 48,345 $ 73,095 Operating cash flow from finance leases $ 9,624 $ 14,489
Summary of other supplemental information about leases	Weighted-average remaining lease term – operating leases 4.37 years Weighted-average remaining lease term – finance leases 3.82 years Weighted-average discount rate – operating leases 5.49 % Weighted-average discount rate – finance leases 5.57 %

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
Income Taxes (Tables)	Mar. 31, 2023
Income Taxes
Schedule future taxable income for federal tax returns	March 31, 2023 September 30, 2022 Total Deferred Tax Assets $ 743,000 $ 650,000 Less: Valuation Allowance $ (743,000 ) $ (650,000 ) Net deferred tax asset / (liability) — $ —

Notes and Loans Payable- Rela_2

Notes and Loans Payable- Related party (Tables)	6 Months Ended
Notes and Loans Payable- Related party (Tables)	Mar. 31, 2023
Notes and Loans Payable- Related party
Schedule of notes payable to related parties	Individual/Entity Amount of Note Due Dates Number of Warrants David Unger $ 83,790 December 31, 2023 45,750 Earl Scott(1) $ 125,548 December 31, 2023 68,550 Brian Weis(2) $ 24,450 December 31, 2023 13,350 Lender $ 40,934 December 31, 2023 22,350 New Jersey Tower, Inc.(3) $ 150,000 December 31, 2023 92,400 RR Power Leasing, LLC(4) $ 150,000 December 31, 2023 92,400
Schedule of fair value of each warrant is estimated on the date of issuance	Stock price $ 1.75 - 1.95 Exercise (strike) price $ 1.90 Time to maturity (in years) 5 Annual risk free rate 1.27 % Annualized volatility 230 % Stock price $ 1.59 Exercise (strike) price $ 1.90 Time to maturity (in years) 5 Annual risk free rate 3.94 % Annualized volatility 230 %

Convertible Debt and Warrants (

Convertible Debt and Warrants (Tables)	6 Months Ended
Convertible Debt and Warrants (Tables)	Mar. 31, 2023
Convertible Debt and Warrants
Schedule of notes payable and convertible debt and associated interest expense	Stock price $ 1.75 - 4.97 Exercise (strike) price $ 1.90 Time to maturity (in years) 5 Annual risk free rate 0.95 - 1.29 % Annualized volatility 197 - 230 % Stock price $ 2.00 Exercise (strike) price $ 1.90 - 2.50 Time to maturity (in years) 5 Annual risk free rate 4.06 % Annualized volatility 214 % Stock price $ 1.59 - 1.90 Exercise (strike) price $ 1.90 - 2.50 Time to maturity (in years) 5 Annual risk free rate 3.94 - 4.19 % Annualized volatility 230 %
Schedule Of maturities of convertible notes payable	Maturities of convertible notes payable Year ending September 30, 2023 $ — 2024 2,730,000 2025 593,000 2026 — 2027 — Thereafter — Total principal due 3,323,000 Total convertible notes and accrued interest balance due 3,323,000 Less: debt discount (900,179 ) Total convertible notes balance $ 2,422,821
Schedule Of Company's warrant activity	Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Outstanding as of September 30, 2021 — $ — — Issued 1,626,364 1.89 — Expired — — — Exercised — — — Outstanding as of December 31, 2021 1,626,364 1.89 4.92 Issued — — — Expired — — — Exercised — — — Outstanding as of March 31, 2022 1,626,364 1.89 4.67 Issued 193,160 2.10 — Expired — — — Exercised — — — Outstanding as of September 30, 2022 1,819,524 1.91 4.26 Issued 804,927 2.02 — Expired — — — Exercised — — — Outstanding as of March 31, 2023 2,624,451 1.95 4.05 Warrants exercisable as of March 31, 2023 2,624,451 $ 1.95 4.05

Business Basis of Presentatio_4

Business Basis of Presentation and Significant Accounting Policies (Details) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Business Basis of Presentation and Significant Accounting Policies
Accounts Receivable - Total	$ 2,616,621	$ 1,880,003
Less: Allowance for Doubtful Accounts	(65,000)	(65,000)
Accounts Receivable - Net	$ 2,551,621	$ 1,815,003

Business Basis of Presentatio_5

Business Basis of Presentation and Significant Accounting Policies (Details 1) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Total fixed assets	$ 1,176,123	$ 1,542,231
Less: Accumulated Depreciation	(935,827)	(1,382,143)
Fixed Assets - Net	240,297	160,088
Trucks and Automobiles [Member]
Total fixed assets	581,377	867,388
Equipment [Member]
Total fixed assets	213,447	293,543
Improvements [Member]
Total fixed assets	$ 381,300	$ 381,300

Business Basis of Presentatio_6

Business Basis of Presentation and Significant Accounting Policies (Details Narrative) - USD ($)		6 Months Ended		9 Months Ended
	Dec. 09, 2020	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2020	May 12, 2023	Sep. 30, 2022	Aug. 31, 2022	Dec. 31, 2021	Sep. 13, 2021	Oct. 05, 2020	Sep. 15, 2020
Depreciation and amortization expense		$ 25,600	$ 16,600
Operating lease asset		581,550				$ 694,734
Finance lease asset		421,452				$ 259,253
Operating lease liability		624,834
Finance lease liability		$ 421,452
Common stock, shares authorized	18,000,000	75,000,000				75,000,000			1,650,000,000
Preferred stock, par value (in Dollars per share)		$ 0.001				$ 0.001					$ 0.00001
Related-party loans	$ 41,229
Total purchase price	$ 245,000
Convertible Preferred Stock	10,000,000
Related party debt										$ 10,000
Description of restated corporation				increased the authorized shares to 300,000,000 shares of common stock and 10,000,000 shares of preferred stock each with a par value of $0.000001 per share. The preferred shares are convertible to common shares at a ratio of 30 to 1
Equity percentage		94.20%
Common stock, par value (in Dollars per share)		$ 0.001
Preferred stock, shares authorized		10,000,000				10,000,000				10,000,000	18,000,000
Owes to estate of a family due on January 1, 2025		$ 464,078
Amount of estimated need		838,000					$ 838,000	$ 7,000,000
Non-recurring costs			$ 240,000
Maximum [Member]
Private placement offerings		$ 15,000,000
Estimated useful lives		fifteen
Maximum [Member] \| Trucks and Automobiles [Member]
Estimated useful lives		fifteen
Maximum [Member] \| Equipment [Member]
Estimated useful lives		fifteen
Maximum [Member] \| Improvements [Member]
Estimated useful lives		ten
Minimum [Member]
Private placement offerings		$ 2,485,000
Estimated useful lives		five
Minimum [Member] \| Trucks and Automobiles [Member]
Estimated useful lives		seven
Minimum [Member] \| Equipment [Member]
Estimated useful lives		five
Minimum [Member] \| Improvements [Member]
Estimated useful lives		five
Senior Secured Promissory Notes [Member]
Senior secured debt mature on October-December 30, 2023								$ 2,485,000
Subsequent Event [Member]
Cash on hand					$ 67,226

Restatement (Details)

Restatement (Details) - USD ($)	3 Months Ended					6 Months Ended
Restatement (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022	Sep. 30, 2021
Interest Expense	$ 443,239		$ 248,754			$ 1,028,063	$ 326,880
Net Income (Loss)	$ (50,998)	$ (442,077)	$ (372,933)	$ (1,702,882)		$ (493,075)	$ (2,075,815)
Loss Per Share	$ 0		$ (0.02)			$ (0.03)	$ (0.24)
Additional Paid in Capital	$ 2,655,858					$ 2,655,858		$ 1,983,201
Accumulated Deficit	(4,306,381)					(4,306,381)		(3,813,306)
Total Deficit	$ (1,634,739)	$ (1,634,532)	$ (1,122,721)	(749,788)		$ (1,634,739)	$ (1,122,721)	$ (1,814,341)	$ (787,610)
As Reported
Interest Expense			0
Net Income (Loss)			$ (134,180)		$ (134,180)
Loss Per Share			$ (0.01)
Additional Paid in Capital			$ (139,966)	(139,966)			(139,966)
Accumulated Deficit			(2,391,200)	(2,257,020)			(2,391,200)
Total Deficit			(2,515,402)	(2,381,222)			(2,515,402)
Restatement Adjustement
Interest Expense			248,754
Net Income (Loss)			$ (238,753)		(238,753)
Loss Per Share			$ (0.01)
Additional Paid in Capital			$ 1,956,626	1,956,626			1,956,626
Accumulated Deficit			(563,945)	(325,192)			(563,945)
Total Deficit			1,392,681	1,631,434			1,392,681
As Restated
Interest Expense			248,754
Net Income (Loss)			$ (372,933)		$ (372,933)
Loss Per Share			$ (0.02)
Additional Paid in Capital			$ 1,816,660	1,816,660			1,816,660
Accumulated Deficit			(2,955,145)	(2,582,212)			(2,955,145)
Total Deficit			$ (1,122,721)	$ (749,788)			$ (1,122,721)

Loss Per Share (Details)

Loss Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
Loss Per Share (Details) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Numerator:
Net income (loss)	$ (50,998)	$ (372,933)	$ (493,075)	$ (2,075,815)
Net (loss) income attributable to common shareholders	(50,998)	(372,933)	(493,075)	(2,075,815)
Denominator:
Basic weighted average common shares outstanding	$ 15,777,757	$ 15,764,424	$ 15,771,017	$ 8,792,584
Basic loss per common share	$ 0	$ (0.02)	$ (0.03)	$ (0.24)
Diluted:
Weighted average common shares outstanding	15,777,757	15,764,424	15,771,017	8,792,584
Effect of potentially dilutive common stock equivalents	0	0	0	0
Diluted weighted-average common shares outstanding	15,777,757	15,764,424	15,771,017	8,792,584
Diluted loss per common share	$ 0	$ (0.02)	$ (0.03)	$ (0.24)

Loss Per Share (Details 1)

Loss Per Share (Details 1) - USD ($)	3 Months Ended		6 Months Ended
Loss Per Share (Details 1) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Total	$ (50,998)	$ (372,933)	$ (493,075)	$ (2,075,815)
Anti-dilutive securities [Member]
Convertible senior debt	1,968,989	1,305,696	1,968,989	1,305,696
Outstanding warrants on common stock	2,624,451	1,626,358	2,624,451	1,626,358
Total	$ 4,593,440	$ 2,932,054	$ 4,593,440	$ 2,932,054

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended		6 Months Ended
Related Party Transactions (Details) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
RR Power Leasing, LLC [Member]
Equipment	$ 7,308	$ 60,000	$ 10,908	$ 60,000
29 Aladdin Avenue Realty LLC [Member]
Premises Lease	19,445	9,300	29,024	18,879
75 Second Street Realty LLC [Member]
Premises Lease	7,527	3,600	11,235	7,308
Mikab Realty LLC [Member]
Premises Lease	7,527	3,600	11,235	7,308
Mikab Properties LLC [Member]
Premises Lease	$ 39,000	$ 26,993	$ 58,500	$ 26,993

Related Party Transactions (D_2

Related Party Transactions (Details Narrative) - Mr. Weis [Member	1 Months Ended
	Sep. 30, 2022 USD ($)
Loan receive	$ 49,200
Tenure of loan	24 months
Loan interest rate	0%

Accounts Payable and Accrued _3

Accounts Payable and Accrued Liabilities (Details) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Accounts Payable and Accrued Liabilities
Accounts payable	$ 842,557	$ 1,332,297
Accrued expenses	0	320,185
Interest payable	99,991	0
Payroll accrual	129,298	57,379
Sales tax payable	0	12,124
Total accounts payable and accrued liabilities	$ 1,071,846	$ 1,721,985

Leasing Arrangements (Details)

Leasing Arrangements (Details) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Total	$ 581,550	$ 694,734
Total	421,452	$ 259,253
Operating [Member]
Remainder of 2023	133,358
2024	149,203
2025	151,338
2026	78,000
2027	78,000
Thereafter	136,500
Total	726,399
Less: Imputed Interest	101,565
Present Value of Remaining Lease Payments	624,834
Finance [Member]
Remainder of 2023	130,232
2024	156,502
2025	79,352
2026	55,107
2027	37,862
Thereafter	1,380
Less: Imputed Interest	38,983
Present Value of Remaining Lease Payments	421,452
Total	$ 460,435

Leasing Arrangements (Details 1

Leasing Arrangements (Details 1) - USD ($)	3 Months Ended		6 Months Ended
Leasing Arrangements (Details 1) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Cash paid for amounts included in the measurements of lease liabilities:
Operating cash flow from operating leases	$ 97,637	$ 48,345	$ 146,147	$ 73,095
Operating cash flow from finance leases	80,325	$ 9,624	121,338	$ 14,489
Right-of-use assets obtained in exchange for new finance lease liabilities	$ 0		$ 240,203

Leasing Arrangements (Details 2

Leasing Arrangements (Details 2)	6 Months Ended
Leasing Arrangements (Details 2)	Mar. 31, 2023
Leasing Arrangements
Weighted average remaining lease term - operating leases	4 months 11 days
Weighted average remaining lease term - finance leases	3 months 24 days
Weighted average discount rate - operating leases	5.49%
Weighted-average discount rate - finance leases	5.57%

Leasing Arrangements (Details N

Leasing Arrangements (Details Narrative) - USD ($)	6 Months Ended
Leasing Arrangements (Details Narrative) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Leasing Arrangements
Leasing arrangements description	Mikab leases a commercial building, from Mikab Properties (a related party as described in Note 5), under a 20-year lease beginning October 1, 2009 and ending September 30, 2029, payable in monthly installments of $6,500. Mikab is required to carry insurance and pay for all needed repairs, maintenance and real estate taxes
Description of leasing arrangements payable in monthly installments	There are three other premises Mikab leases that are under five-year lease agreements payable in monthly installments of approximately $3,300 to 29 Aladdin Avenue Realty LLC, approximately $1,300 to 75 Second Street Realty LLC and approximately $1,300 to Mikab Realty LLC. Each has a 3% annual increase for the term of the leases
Total	$ 581,550	$ 694,734
Total	421,452	259,253
Finance lease liability in current obligations	158,788	44,219
Finance lease liability in non-current obligations	262,664	209,182
Operating lease liability in current obligations	138,607	140,516
Operating lease liability in non-current obligations	$ 486,227	$ 560,068

Concentration of Credit Risk (D

Concentration of Credit Risk (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
Concentration of Credit Risk (Details Narrative) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
FDIC insured limit			$ 250,000
Concentration risk	29%		29%	44%
Amount receivables due from customers, percent	22%	30%	22%	30%
Customers Four [Member]
Concentration risk	84%		84%
Amount receivables due from customers, percent	74%		74%
Customers Three [Member]
Concentration risk		76%
Amount receivables due from customers, percent	74%	60%	74%	60%
Customers Two [Member]
Concentration risk				69%
Amount receivables due from customers, percent	22%	30%	22%	30%

Income Taxes (Details)

Income Taxes (Details) - USD ($)	Mar. 31, 2023	Sep. 30, 2022
Income Taxes
Total deferred tax assets	$ 743,000	$ 650,000
Total deferred tax liabilities	(743,000)	(650,000)
Net deferred tax asset / (liability)	$ 0	$ 0

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	6 Months Ended
Income Taxes (Details Narrative) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022
Income Taxes
Net operating loss	$ 350,000		$ 310,000
Income tax expense	$ 0	$ 0
Current corporate tax rate	21%

Notes and Loans Payable- Rela_3

Notes and Loans Payable- Related party (Details)	6 Months Ended
Notes and Loans Payable- Related party (Details)	Mar. 31, 2023 USD ($)
David Unger [Member]
Amount of Note	$ 83,790
Due Dates	Dec. 31, 2023
Number of Warrants	$ 45,750
Earl Scott [Member]
Amount of Note	$ 125,548
Due Dates	Dec. 31, 2023
Number of Warrants	$ 68,550
Brian Weis [Member]
Amount of Note	$ 24,450
Due Dates	Dec. 31, 2023
Number of Warrants	$ 13,350
Lender [Member]
Amount of Note	$ 40,934
Due Dates	Dec. 31, 2023
Number of Warrants	$ 22,350
New Jersey Tower Inc [Member]
Amount of Note	$ 150,000
Due Dates	Dec. 31, 2023
Number of Warrants	$ 92,400
RR Power Leasing, LLC [Member]
Amount of Note	$ 150,000
Due Dates	Dec. 31, 2023
Number of Warrants	$ 92,400

Notes and Loans Payable- Rela_4

Notes and Loans Payable- Related party (Details 1) - $ / shares	3 Months Ended	6 Months Ended		12 Months Ended
	Dec. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Exercise (strike) price	$ 1.90	$ 1.90	$ 1.90			$ 1.90
Time to maturity (in years)	5 years	5 months	5 months	5 months	5 months	5 months
Annual Risk Free Rate	1.27%	3.94%	1.27%		4.06%
Annualized volatility	2.30%	230%	230%	230%	214%
Stock price				$ 1.59	$ 2
Maximum [Member]
Stock price	$ 1.95					$ 1.95
Minimum [Member]
Stock price	$ 1.75					$ 1.75

Notes and Loans Payable- Rela_5

Notes and Loans Payable- Related party (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Notes payable related party	$ 367,888		$ 367,888			$ 370,429
Bridge loans, description			Bridge loans bear an annualized interest rate of 12%
Net of unamortized discount	207,000		$ 207,000			192,000
Brian Weis owns entity			20%
Brian Weis owns interest			2%
Long-Term Debt, Fair Value					$ 527,000
Debt discount and equity					$ 276,000
Warrants issued (in Dollars per share)					$ 1.57
Amortization discount	189,000	$ 189,000	$ 378,000	$ 249,000
Unamortization discount	206,834		206,834
Loan payable related party	26,566		26,566			0
Liabilities Current	4,449,876		4,449,876			4,155,633
Proceeds from related party loans			$ 18,120	7,559
Loans Payable - Equipment, Related Party
Tenure of loan			24 months
Loan interest rate			0%
Maturity of loan			maturing in September 2024
Interest expenses	500		$ 1,100
Amortization discount	68,945
Loan payable related party	43,050		43,050			49,200
Liabilities Current	$ 30,750		30,750			$ 24,600
Proceeds from related party loans			$ 18,100	$ 7,600
Maximum [Member]
Warrants issued (in Dollars per share)							$ 1.93
Minimum [Member]
Warrants issued (in Dollars per share)							$ 1.73

Loans Payable (Details Narrativ

Loans Payable (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
Loans Payable (Details Narrative) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022
Loan bears no interest until maturity description			The loans bear no interest until maturity on January 1, 2025. Interest after maturity is 10% per annum until fully repaid
Imputed interest	$ 5,300	$ 1,100	$ 10,600	$ 2,300
Effective interest rate	6.10%		6.10%		5.60%
Loans payable to stockholder	$ 464,078		$ 464,078		$ 464,078
Loans payable insurance	125,065		125,065		380,799
Repayments of loans payable			219,000	$ 345,000
Loans payable equipment	$ 26,566		$ 26,566		$ 0
On February 16, 2023
Effective interest rate	13%		13%		0%
Equipment purchase	$ 38,475		$ 38,475
Loans payable equipment	26,566		26,566
Monthly payment of equipment due	$ 1,300		$ 1,300
Loan payable maturity			July 2026

Convertible Debt and Warrants_2

Convertible Debt and Warrants (Details) - $ / shares	3 Months Ended	6 Months Ended		12 Months Ended
Convertible Debt and Warrants (Details) - $ / shares	Dec. 31, 2021	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Stock price				$ 1.59	$ 2
Exercise (strike) price	$ 1.90	$ 1.90	$ 1.90			$ 1.90
Annual Risk Free Rate	1.27%	3.94%	1.27%		4.06%
Annualized volatility	2.30%	230%	230%	230%	214%
Time to maturity (in years)	5 years	5 months	5 months	5 months	5 months	5 months
Minimum [Member]
Stock price	$ 1.75					$ 1.75
Minimum [Member] \| Class A Warrant [Member]
Stock price	1.75					$ 1.75
Annual Risk Free Rate						0.95%
Annualized volatility						197%
Minimum [Member] \| Black Scholes model [Member]
Stock price					$ 1.59
Exercise (strike) price				$ 1.90	1.90
Annual Risk Free Rate				3.94%
Maximum [Member]
Stock price	1.95					$ 1.95
Maximum [Member] \| Class A Warrant [Member]
Stock price	$ 4.97					$ 4.97
Annual Risk Free Rate						1.29%
Annualized volatility						230%
Maximum [Member] \| Black Scholes model [Member]
Stock price					1.90
Exercise (strike) price				$ 2.50	$ 2.50
Annual Risk Free Rate				4.19%

Convertible Debt and Warrants_3

Convertible Debt and Warrants (Details 1)	Sep. 30, 2022 USD ($)
Convertible Debt and Warrants
2023	$ 0
2024	2,730,000
2025	593,000
2026	0
2027	0
Thereafter	0
Total principal due	3,323,000
Total convertible notes and accrued interest balance due	3,323,000
Less: debt discount	(900,179)
Total convertible notes and accrued interest balance	$ 2,422,821

Convertible Debt and Warrants_4

Convertible Debt and Warrants (Details 2) - $ / shares	3 Months Ended		6 Months Ended
Convertible Debt and Warrants (Details 2) - $ / shares	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2023	Sep. 30, 2022
Convertible Debt and Warrants
Number of Options Issued	0	1,626,364	804,927	193,160
Number of Options Exercised	0	0	0	0
Number of Options Expired	0	0	0	0
Number of Options Outstanding, Ending	1,626,364	1,626,364	2,624,451	1,819,524
Number of Options Exercisable			2,624,451
Weighted Average Exercise Price Outstanding, Beginning	$ 1.89	$ 0	$ 1.91	$ 1.89
Number of Options Outstanding, Beginning	1,626,364	0	1,819,524	1,626,364
Weighted Average Exercise Price Issued	$ 0	$ 1.89	$ 2.02	$ 2.10
Weighted Average Exercise Price Exercised	0	0	0	0
Weighted Average Exercise Price Expired	0	0	0	0
Weighted Average Exercise Price Outstanding, Ending	$ 1.89	$ 1.89	1.95	$ 1.91
Weighted Average Exercise Price Exercisable			$ 1.95
Weighted Average Remaining Term in Years Options outstanding at beginning of year	4 years 8 months 1 day		4 years 3 months 3 days	4 years 8 months 1 day
Weighted Average Remaining Term in Years Options outstanding at end of year	4 years 8 months 1 day	4 years 11 months 1 day	4 years 18 days	4 years 3 months 4 days
Weighted Average Remaining Term in Years Options exercisable at end of year			4 years 18 days

Convertible Debt and Warrants_5

Convertible Debt and Warrants (Details Narrative) - USD ($)	3 Months Ended			6 Months Ended		12 Months Ended
Convertible Debt and Warrants (Details Narrative) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Oct. 31, 2022
Exercise price per share (in Dollars per share)				$ 1.9032
Issued placement agent warrants							110,342
Shares Issued, Price Per Share	$ 0.001			$ 0.001
Bear interest percentage							8%
Conversion price percentage				80%
Outstanding principal amount percentage				110%
Beneficial ownership percentage							4.99%
Interest expense	$ 443,239		$ 248,754	$ 1,028,063	$ 326,880
Debt discount amortized	189,000		$ 189,000	378,000	$ 249,000
Senior Secured Convertible Notes [Member]
Debt discount unamortized		$ 340,000				$ 149,000
Fair value		802,000				381,000
Interest expense	19,000			$ 37,000
Sale of convertible notes							$ 2,485,000
Capital raised		$ 593,000				$ 245,000
Interest rate		8%				8%
Investment rate per share		$ 2.50				$ 1.9032		$ 1.9032
warrants expire				5 years
Senior Secured Convertible Notes [Member] \| October 2022 and December 2022 [Member]
Interest expense	$ 43,000			$ 55,000
Investment rate per share		$ 1.88						$ 1.57
Class A Warrant [Member]
Conversion price percentage				80%
Exercise price per share	$ 1.9032			$ 1.9032			$ 2.0935
Debt discount unamortized	$ 503,000			$ 503,000		$ 881,000
Fair value							$ 3,900,000
Relative fair value							$ 1,500,000
Shares purchased (in Shares)							1,195,354
Class B Warrant [Member]
Conversion price percentage				80%
Exercise price per share	$ 2.50			$ 2.50
Class Common stock [Member]
Exercise price per share							$ 1.9032
Minimum [Member] \| Class A Warrant [Member] \| Senior Secured Convertible Notes [Member]
Shares Issued, Price Per Share							1.73
Maximum [Member] \| Class A Warrant [Member] \| Senior Secured Convertible Notes [Member]
Shares Issued, Price Per Share							$ 4.92