v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash $ 10,965,165 $ 38,166,973
Marketable equity securities, at fair value 2,317,500 0
Accounts receivable, net of allowances for credit losses of $97,964 and $92,358 as of June 30, 2026 and September 30, 2025, respectively 1,916,677 1,635,171
Contract assets 476,175 1,064,264
Digital assets receivable - related party 134,729 0
Derivative assets 4,925,557 0
Prepaid expenses and other current assets 1,383,828 355,548
Total current assets 22,119,631 41,221,956
Digital assets 335,848,635 1,430,486,289
Digital assets - restricted 1,217,050 0
Digital assets pledged as collateral with related party 239,518,295 0
Investment 1,900,943 0
Property and equipment, net 57,955 124,331
Operating lease right-of-use assets, net 814,027 2,303,776
Other assets 1,058,128 806,137
Total assets 602,534,664 1,474,942,489
Current liabilities:    
Loans payable - related party 105,000,000 0
Loans payable - digital assets 12,519,409 0
Accounts payable 283,510 433,044
Accounts payable - related party 553,787 923,513
Deferred income 504,879 292,525
Derivative liabilities 7,344,162 0
Current portion of operating lease liability 437,725 450,949
Accrued expenses and other current liabilities 1,130,726 623,512
Total current liabilities 127,774,198 2,723,543
Other liabilities:    
Operating lease liability, less current portion 549,254 2,094,079
Total liabilities 128,323,452 4,817,622
Commitments and contingencies (See Notes 4, 10 and 11)
Shareholders’ equity:    
Common stock, $0.01 par value; 300,000,000 shares authorized; 87,163,107 and 73,846,883 shares issued and outstanding, respectively, at June 30, 2026; 86,145,514 shares issued and outstanding at September 30, 2025 871,631 861,455
Treasury Stock, at cost, 13,316,224 and 0 shares at June 30, 2026 and September 30, 2025, respectively (69,862,786) 0
Additional paid-in capital 1,667,506,242 1,655,874,892
Accumulated deficit (1,124,303,875) (186,611,480)
Total shareholders’ equity 474,211,212 1,470,124,867
Total liabilities and shareholders’ equity $ 602,534,664 $ 1,474,942,489