v3.25.2
EQUITY (Tables)
9 Months Ended
Jun. 30, 2025
Equity [Abstract]  
SCHEDULE OF CUMULATIVE OPTION ACTIVITY

A summary of cumulative option activity under the 2023 Stock Option Plans and the 2025 Equity Plan is as follows:

 

  SCHEDULE OF CUMULATIVE OPTION ACTIVITY

   Options outstanding 
  

Number of

shares

  

Weighted- average

exercise price

per share

  

Weighted- average

contractual term

(in years)

  

Aggregate

intrinsic value

(in thousands)

 
                 
Outstanding – September 30, 2023   4,007,000   $2.23    2.54   $2,050 
Options granted   125,000    3.00    2.71     
Options exercised   (593,000)   1.76         
Outstanding – September 30, 2024   3,539,000   $2.34    1.59   $42,720 
Options granted   1,184,300    28.02    9.74     
Options forfeited   (5,300)   28.32         
Options exercised   (904,000)   2.53         
Outstanding – June 30, 2025   3,814,000   $10.23    3.47   $92,525 
Vested during the period   -   $-    -   $- 
Vested at end of period   -   $-    -   $- 
Exercisable at the end of period   3,470,000   $8.57    2.87   $89,952 
SCHEDULE OF CUMULATIVE WARRANT ACTIVITY

A summary of cumulative warrant activity is as follows:

 

  SCHEDULE OF CUMULATIVE WARRANT ACTIVITY

   Warrant Shares outstanding 
       Weighted- average   Weighted- average contractual 
   Number of   exercise price   term 
   shares   per share   (in years) 
             
Outstanding – September 30, 2023   -   $-    - 
Warrants issued   881,639    17.48    5.00 
Warrants exercised   (63,775)   20.00    - 
Outstanding – September 30, 2024   817,864   $17.28    4.79 
Warrants issued   3,717,648    23.05    5.00 
Warrants exercised   (1,248,158)  $16.83    - 
Outstanding – June 30, 2025   3,287,354   $24.07    4.37 
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY

A summary of cumulative restricted stock unit activity under the 2025 Equity Plan is as follows:

 

   RSUs outstanding 
  

Number of

shares

  

Weighted- average

grant date

fair value per share

  

Weighted- average

contractual term

(in years)

  

Aggregate

fair value

(in thousands)

 
                 
Outstanding – September 30, 2023 and September 30, 2024      $       $ 
RSUs granted   350,748    29.18    1.46    10,235 
Outstanding – June 30, 2025   350,748   $29.18    1.46   $10,235 
Vested during the period   -   $-    -   $- 
Vested at end of period   -   $-    -   $-