v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Sep. 30, 2024
Sep. 30, 2023
Cash Flows From Operating Activities:        
Net loss $ (14,394,757) $ (9,562,949) $ (21,148,747) $ (12,697,241)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Stock-based compensation expense 3,897,050 3,874,000 7,498,817 1,965,500
Deferred income tax expense 528,480 288,000 576,000 576,000
Changes in operating assets and liabilities:        
Inventory (7,070,487)   (2,133,871)
Prepaid expenses   (1,171,920) (1,100,000) (5,044,713)
Accounts payable 3,964,688 (785,132) 2,422,577 1,196,734
Accrued expenses 8,722,168 (259,071) (259,071) (801,754)
Due to related party 4,352,858 7,617,072 14,270,648 14,805,474
Net Cash Provided By Operating Activities 126,353
Cash Flows From Investing Activities:        
License payment     (5,000,000)
Net Cash Used In Investing Activities     (5,000,000)
Cash Flows From Financing Activities:        
Cash contributed by parent     3,827,944
Merger, net     (2,754,296)
Proceeds from issuance of note payable to related party     3,800,111
Net Cash Provided By Financing Activities     4,873,759
Net Change in Cash and Cash Equivalents 112
Cash and Cash Equivalents – Beginning of Period 112
Cash and Cash Equivalents – End of Period $ 112 112
Supplemental Disclosures of Cash Flow Information and Non-cash Activities:        
IPR&D Milestones included in License Payable     28,400,000
Capital Contribution of due to related party by parent     33,180,961
Prepaid Manufacturing transferred to Inventory     $ 6,134,895