v3.26.1
Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders’ Deficit (Unaudited) - USD ($)
Common Stock
Common Stock Non-Voting
Common Stock
Los Altos Ventures Corp.
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Los Altos Ventures Corp.
Accumulated Deficit
Preferred Stock
Redeemable Convertible Preferred Stock
Redeemable Convertible Preferred Stock
Los Altos Ventures Corp.
Total
Balances at Sep. 30, 2023     $ 552 $ 3,116,972   $ (86,763,885) $ 83,320,617     $ (83,646,361)
Balances (in Shares) at Sep. 30, 2023     5,521,098       16,710,948      
Net loss       (12,897,199)     (12,897,199)
Stock-based compensation expense     1,104,446       1,104,446
Balances at Sep. 30, 2024   $ 552 4,221,418   (99,661,084) $ 83,320,617     (95,439,114)
Balances (in Shares) at Sep. 30, 2024   5,521,098       16,710,948      
Net loss     (4,600,734)       (4,600,734)
Forgiveness on convertible preferred stocks   5,000,000   $ (5,000,000)     5,000,000
Forgiveness on convertible preferred stocks (in Shares)             1,902,086      
Stock-based compensation expense   361,759       361,759
Balances at Mar. 31, 2025   $ 552 9,583,177   (104,261,818) $ 78,320,617     (94,678,089)
Balances (in Shares) at Mar. 31, 2025   5,521,098       18,613,034      
Balances at Sep. 30, 2024   $ 552 4,221,418   (99,661,084) $ 83,320,617     (95,439,114)
Balances (in Shares) at Sep. 30, 2024   5,521,098       16,710,948      
Net loss       (30,986,591)     (30,986,591)
Forgiveness on convertible preferred stocks     5,000,000   $ (5,000,000)     5,000,000
Forgiveness on convertible preferred stocks (in Shares)             (1,902,086)      
Issuance of preferred stock in connection with Series B-3 offering (cash)       $ 1,339,364    
Issuance of preferred stock in connection with Series B-3 offering (cash) (in Shares)             214,757      
Options exercised     8,916       8,916
Options exercised (in Shares)     5,050              
Warrants exercised for shares     $ 80 (80)      
Warrants exercised for shares (in Shares)     796,106              
Issuance of preferred stock upon conversion of convertible notes       $ 36,051,824    
Issuance of preferred stock upon conversion of convertible notes (in Shares)             3,971,333      
Warrant liability extinguished     839,573       839,573
Stock-based compensation expense     662,448       662,448
Balances at Sep. 30, 2025   $ 632 10,732,275   (130,647,675) $ 115,711,805     (119,914,768)
Balances (in Shares) at Sep. 30, 2025   6,322,254       18,994,952      
Balances at Jun. 01, 2025              
Balances (in Shares) at Jun. 01, 2025                  
Net loss       (33,623)       (33,623)  
Issuance of common stock   $ 1,000           1,000  
Issuance of common stock (in Shares)   10,000,000                
Balances at Dec. 31, 2025   $ 1,000     (33,623)       (32,623)  
Balances (in Shares) at Dec. 31, 2025   10,000,000                
Balances at Sep. 30, 2025   $ 632 10,732,275   (130,647,675) $ 115,711,805     (119,914,768)
Balances (in Shares) at Sep. 30, 2025   6,322,254       18,994,952      
Net loss     (7,168,030)     (7,168,030)
Issuance of preferred stock in connection with Series B-3 offering (cash)     $ 3,899,698    
Issuance of preferred stock in connection with Series B-3 offering (cash) (in Shares)             701,349      
Options exercised        
Options exercised (in Shares)     25              
Warrants exercised for shares        
Warrants exercised for shares (in Shares) 2,836                  
Conversion of preferred stock to common stock $ 74   52,732,326   $ (52,732,795)     52,732,400
Conversion of preferred stock to common stock (in Shares) 733,811           (11,007,471)      
Stock-based compensation expense   449,372       449,372
Balances at Mar. 31, 2026 $ 74 $ 1,000 $ 632 63,913,973 (40,267) (137,815,705) $ 66,878,708   (39,267) (73,901,026)
Balances (in Shares) at Mar. 31, 2026 736,647 10,000,000 6,322,279       8,688,830      
Balances at Dec. 31, 2025   $ 1,000     (33,623)       (32,623)  
Balances (in Shares) at Dec. 31, 2025   10,000,000                
Net loss       (6,644)       (6,644)  
Balances at Mar. 31, 2026 $ 74 $ 1,000 $ 632 $ 63,913,973 $ (40,267) $ (137,815,705) $ 66,878,708   $ (39,267) $ (73,901,026)
Balances (in Shares) at Mar. 31, 2026 736,647 10,000,000 6,322,279       8,688,830