Stockholder’s Equity (Deficit) (Tables)
|
6 Months Ended |
Mar. 31, 2026 |
|---|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of stock option grant activity |
| Schedule
of stock option grant activity | | |
| | | |
| | | |
| | |
| | |
Number | |
Weighted Average Exercise Price | |
Weighted Average Remaining Life |
| Outstanding at September 30, 2025 | | |
| — | | |
$ | — | | |
| — | |
| Granted | | |
| 6,850,000 | | |
| 7.42 | | |
| 5.23 | |
| Expired | | |
| — | | |
| — | | |
| — | |
| Exercised | | |
| — | | |
| — | | |
| — | |
| Outstanding at December 31, 2025 | | |
| 6,850,000 | | |
| 7.42 | | |
| 5.23 | |
| Granted | | |
| 1,000,000 | | |
| 8.37 | | |
| 5.00 | |
| Expired | | |
| — | | |
| — | | |
| — | |
| Forfeited | | |
| (3,600,000 | ) | |
| (8.04 | ) | |
| (4.38 | ) |
| Outstanding at March 31, 2026 | | |
| 4,250,000 | | |
| 7.75 | | |
| 5.85 | |
|
| Schedule of Black-Scholes model |
| Schedule
of Black-Scholes model |
|
|
|
|
|
|
|
|
| |
|
January 2, 2026 - March 12, 2026 |
|
August 6, 2025 - September 2, 2025 |
| Exercise price |
|
|
$ 9.26 - 7.47 |
|
|
|
$ 3.27 - 9.09 |
|
| Risk-free interest rate |
|
|
3.74 - 3.84 |
% |
|
|
3.58 -3.91 |
% |
| Volatility |
|
|
73.0 - 86.3 |
% |
|
|
101.4 - 114.4 |
% |
| Expected life (years) |
|
|
4 - 4.5 |
|
|
|
3.19 - 5.00 |
|
| Dividend yield |
|
|
0 |
% |
|
|
0 |
% |
|
| Schedule of recognize the remaining total stock-based compensation |
| Schedule
of recognize the remaining total stock-based compensation |
|
|
|
|
|
| Year |
|
Amount |
| 2026 |
|
|
$ |
2,450,154 |
|
| 2027 |
|
|
|
4,900,308 |
|
| 2028 |
|
|
|
4,900,308 |
|
| 2029 |
|
|
|
3,703,652 |
|
| 2030 |
|
|
|
265,026 |
|
| Total |
|
|
$ |
16,219,448 |
|
|
| Schedule of RSU issuance and related stock-based expense |
| Schedule of RSU issuance and related stock-based expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Quarter ended |
|
RSU issued |
|
Value of RSUs issued |
|
Stock based compensation |
| September 30, 2025 |
|
|
|
15,735 |
|
|
$ |
180,000 |
|
|
$ |
30,000 |
|
| December 31, 2025 |
|
|
|
— |
|
|
|
— |
|
|
|
45,000 |
|
| March 31, 2026 |
|
|
|
14,961 |
|
|
|
295,000 |
|
|
|
143,221 |
|
| |
|
|
|
30,696 |
|
|
$ |
475,000 |
|
|
$ |
218,221 |
|
|
| Warrants [Member] |
|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of stock option grant activity |
| Schedule
of stock option grant activity | |
Number | |
Weighted Average Exercise Price | |
Weighted Average Remaining Life |
| Outstanding at September 30, 2025 | |
| 7,304,992 | | |
$ | 11.50 | | |
| 4.79 | |
| Granted | |
| 300,000 | | |
| 0.01 | | |
| — | |
| Expired | |
| — | | |
| — | | |
| — | |
| Exercised | |
| (495,509 | ) | |
| (11.50 | ) | |
| (4.79 | ) |
| Outstanding at December 31, 2025 | |
| 7,109,483 | | |
| 11.02 | | |
| 4.56 | |
| Granted | |
| 1,333,333 | | |
| 9.00 | | |
| 5.00 | |
| Expired | |
| — | | |
| — | | |
| — | |
| Exercised | |
| (46,747 | ) | |
| (11.50 | ) | |
| (4.56 | ) |
| Outstanding at March 31, 2026 | |
| 8,396,069 | | |
$ | 10.69 | | |
| 4.41 | |
At March 31, 2026 and September 30, 2025, the intrinsic value of the warrants
was $1,419,000 and $0, respectively.
The assumptions used in Monte Carlo Simulation model related to the February
26, 2026 1,333,333 warrants issuance are set forth in the table immediately below:
| | |
February
26, 2026 |
| Stock
Price | |
$ | 7.96 | |
| Exercise
Price | |
$ | 9.00 | |
| Volatility | |
| 73.0 | % |
| Risk
free rate of return | |
| 3.54 | % |
| Term
to maturity (years) | |
| 5.00 | |
| Term
to financing (years) | |
| 2.50 | |
|