Commitments and Contingencies (Tables)
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6 Months Ended |
Mar. 31, 2025 |
Commitments and Contingencies Disclosure [Abstract] |
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Schedule of operating lease costs |
Schedule of operating lease costs |
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Three months ended March 31, |
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Six months ended March 31, |
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2025 |
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2024 |
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2025 |
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2024 |
Operating lease costs |
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$ |
33 |
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$ |
31 |
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$ |
66 |
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$ |
61 |
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Schedule of contributions under the plan |
Schedule of contributions under the plan |
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Three Months Ended March 31, |
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Six Months ended March 31 |
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2025 |
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2024 |
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2025 |
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2024 |
Contributions to 401(k) plan |
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$ |
67 |
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$ |
94 |
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$ |
115 |
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$ |
167 |
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Schedule of stock option activity |
Schedule of stock option activity |
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Number of Options |
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Weighted Average Exercise Price ($) |
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Weighted Average Grant Date Fair Value ($) |
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Aggregate intrinsic value ($) |
Outstanding, September 30, 2024 |
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15,037,754 |
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6.80 |
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5.12 |
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15,825,791 |
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Granted |
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1,483,500 |
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8.58 |
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6.22 |
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— |
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Exercised |
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(820,632 |
) |
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2.46 |
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1.89 |
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6,785,518 |
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Outstanding, March 31, 2025 |
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15,700,622 |
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7.19 |
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5.39 |
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38,630,198 |
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Exercisable, March 31, 2025 |
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10,346,086 |
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6.03 |
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4.68 |
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34,276,704 |
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Schedule of summarizes information about stock options |
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Schedule of summarizes information about stock options |
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Range of exercises prices |
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Number of outstanding |
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Weighted average remaining contractual life (in |
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Weighted average exercise |
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Number of vested |
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Weighted average exercise |
From |
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To |
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options |
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years) |
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price |
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options |
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price |
$ |
0.92 |
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$ |
3.00 |
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2,400,150 |
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3.92 |
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$ |
2.69 |
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2,400,150 |
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$ |
2.69 |
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$ |
3.01 |
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$ |
5.00 |
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2,197,500 |
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3.44 |
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$ |
3.41 |
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2,027,916 |
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$ |
3.31 |
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$ |
5.01 |
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$ |
9.00 |
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8,028,972 |
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6.36 |
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$ |
6.95 |
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4,297,519 |
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$ |
6.39 |
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$ |
9.01 |
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$ |
13.00 |
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1,609,000 |
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6.81 |
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$ |
10.29 |
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998,834 |
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$ |
10.42 |
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$ |
13.01 |
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$ |
25.00 |
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1,465,000 |
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5.97 |
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$ |
18.18 |
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621,667 |
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$ |
18.34 |
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15,700,622 |
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5.59 |
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$ |
7.19 |
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10,346,086 |
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$ |
6.03 |
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Schedule of general and administrative expenses and research and development expenses |
Schedule of general and administrative expenses and research and development expenses |
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Three months ended March 31, |
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Six months ended March 31, |
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2025 |
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2024 |
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2025 |
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2024 |
General and administrative |
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$ |
605 |
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$ |
979 |
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$ |
1,407 |
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$ |
1,905 |
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Research and development |
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844 |
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1,673 |
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2,097 |
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3,033 |
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Total share-based compensation |
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$ |
1,449 |
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$ |
2,652 |
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$ |
3,504 |
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$ |
4,938 |
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Schedule of weighted average assumptions for fair value of each option award |
Schedule of weighted average assumptions for fair value of each option award |
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2025 |
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2024 |
Risk-free interest rate |
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3.98 |
% |
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4.28 |
% |
Expected life of options (years) |
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5.56 |
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5.74 |
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Annualized volatility |
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86.49 |
% |
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84.84 |
% |
Dividend rate |
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0.00 |
% |
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0.00 |
% |
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