v3.26.1
Intangible Asset
 6 Months Ended
Mar. 31, 2026
Intangible Asset [Abstract]  
Intangible Asset

NOTE 7: Intangible Asset

 

Intangible Asset, as of March 31, 2026 and September 30, 2025 are as follows: 

 

    March 31,     September 30,  
    2026     2025  
Intangible Asset   $ 11,938     $ 11,977  
Accumulated Amortization     (1,831 )     (1,262 )
Intangible Asset, net   $ 10,107     $ 10,715  

 

Amortization expenses for the six months ended March 31, 2026 and March 31, 2025 were $569 and $452, respectively. Amortization expenses for the three months ended March 31, 2026 and March 31, 2025 were $298 and $192, respectively. 

 

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		  
Remainder of 2026 (April 1, 2026 – September 30, 2026)   $ 597  
FY2027   $ 1,194  
FY2028   $ 1,194  
FY2029   $ 1,194  
FY2030   $ 1,194  
Total   $ 5,373  

 

For the three and the six months ended March 31, 2026, we concluded that no impairment loss was recognized. As the Company’s business evolves, we continue to evaluate the utilization of the intangible assets. Refer to Note 14 for further details.