v3.26.1
Intangible Asset, net
 12 Months Ended
Sep. 30, 2025
Intangible Asset, Net [Abstract]  
Intangible Asset, net

NOTE 6: Intangible Asset, net

 

The Company’s intangible assets consist of multiple systems purchased for our robotic product. These assets are amortized using the straight-line method over their estimated useful life of 10 years.

 

Intangible Asset, as of September 30, 2025 and September 30, 2024 are as follows: 

 

    Years Ended
September 30,		  
    2025     2024  
Intangible assets   $ 11,978     $ 7,688  
Accumulated amortization     (1,263 )     (68 )
Intangible assets, net   $ 10,715     $ 7,620  

 

Amortization expense was $2,150 and $67 for the years ended September 30, 2025 and 2024, respectively. The increase was primarily attributable to additional intangible assets acquired during the current fiscal year and to intangible assets that were acquired in the prior fiscal year and incurred their first full year of amortization in the current fiscal year.

 

Estimated amortization expense related to existing finite-lived intangible assets for each of the next five years is as follows:

 

Fiscal Year   Estimated
Amortization
Expense		  
FY2026   $ 1,194  
FY2027   $ 1,194  
FY2028   $ 1,194  
FY2029   $ 1,194  
FY2030   $ 1,194  
Total   $ 5,970  

 

The Company performs an impairment assessment on an annual basis. For the fiscal year ended September 30, 2025, the Company’s assessment concluded that no impairment indicators were identified, and no impairment loss was recognized.