v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 185,574 $ 14,566
Short term investment 66,363 15,940
Accounts receivable, (net of allowance for doubtful accounts) 1,780 1,359
Inventory 1,124 1,028
Prepaid expenses and other current assets 429 33
Total current assets 255,270 32,926
Property and equipment, net 5,794 842
Notes receivable 523
Operating lease right-of-use-assets 731 506
Intangible assets, net 10,715 7,620
Other assets, non-current 640 740
Total assets 273,673 42,634
Current liabilities:    
Accounts payable 397 150
Deferred revenue 248
Accrued expenses and other payables 1,376 97
Short-term loan 53
Tax payables 55 5
Operating lease liabilities, current 301 150
Warrant liabilities 19,285 6,940
Total current liabilities 21,662 7,395
Deferred income taxes 108
Long-term payables 118 102
Operating lease liabilities, non-current 429 356
Total liabilities 22,209 7,961
Commitments and contingencies (Note 14)
Mezzanine equity 634 786
Stockholders’ equity:    
Additional Paid-in Capital 300,701 35,044
Accumulated other comprehensive income 393
Accumulated deficit (50,241) (1,167)
Total controlling stockholders’ equity 250,873 33,887
Non-controlling interests (43)
Total stockholder’s equity 250,830 33,887
Total liabilities, mezzanine equity and stockholder’s equity 273,673 42,634
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 4 4
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 16 $ 6