v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities:    
Net loss $ (937,692,395) $ (3,009,698)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 3,944,716 85,794
Depreciation and amortization 69,740 249,515
Credit loss expense 5,606 29,073
Loss on digital assets 811,671,684 0
Impairment of digital assets 133,359,324 0
Non-cash digital asset revenue, net (31,106,976) 0
Loss on derivatives, net 4,291,848 0
Goodwill impairment 0 225,000
Gain on change in fair value of marketable equity securities (17,336) 0
Gain on change in fair value of warrant liability 0 (160,223)
Gain on sale of OEM segment 0 (1,405,972)
Changes in operating assets and liabilities:    
Accounts receivable (287,112) 1,085,858
Contract assets 588,089 548,088
Prepaid expenses and other current assets (1,028,280) (704)
Other assets (9,462) 0
Accounts payable (149,534) 105,230
Accounts payable-related party (369,726) 0
Deferred income 212,354 (89,463)
Net changes in operating lease liabilities (68,300) 2,674
Accrued expenses and other current liabilities 507,214 (260,655)
Net cash used in operating activities-continuing operations (16,078,546) (2,595,483)
Net cash provided by operating activities-discontinued operations 0 396,153
Net cash used in operating activities (16,078,546) (2,199,330)
Investing Activities:    
Purchases of property and equipment (3,364) (25,777)
Purchases of digital assets (386,292,183) 0
Sales of digital assets 337,989,840 0
Purchase of marketable equity securities (2,300,164) 0
Purchase of investment (1,900,943) 0
Premiums paid on derivatives (9,481,156) 0
Premiums received on derivatives 8,273,213 0
Cash paid for sale of OEM segment 0 (200,000)
Net cash used in investing activities (53,714,757) (225,777)
Financing Activities:    
Proceeds from loans payable-related party 112,500,000 0
Payments of loans payable-related party (7,500,000) 0
Fees associated with Securities Purchase Agreement (229,699) 0
Proceeds from ATM, net 7,881,743 0
Proceeds from stock options exercised 44,760 0
Treasury stock purchases (69,862,786) 0
Exercise of pre-funded warrants 6 0
Deferred financing costs associated with ATM (242,529) 0
Proceeds from issuance of preferred stock and warrants, net of related issuance costs 0 970,946
Deferred financing costs associated with equity line of credit 0 (59,802)
Net cash provided by financing activities 42,591,495 911,144
Net decrease in cash (27,201,808) (1,513,963)
Cash at beginning of period 38,166,973 2,777,125
Cash at end of period 10,965,165 1,263,162
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 372,639 35,901
Cash paid for taxes 136,775 15,950
Supplemental Disclosures of Non-Cash Investing and Financing Activities:    
Operating lease assets obtained in exchange for operating lease liabilities 653,310 157,424
Digital assets pledged as collateral 264,757,655 0
Conversion of accounts payable to convertible preferred stock 0 2,725,000
Digital assets received in exchange for loan payable 12,519,409 0
Fair value of commitment shares issued for equity line of credit $ 0 $ 175,000