v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 1,493,788 $ 7,105,197
Cost of revenues (491,843) (1,609,929)
Gross Profit 1,001,945 5,495,268
Operating Expenses        
Research and development 218,496 938,277 2,316,202 5,342,198
Amortization of in-process research and development 1,720,312 4,014,062
General and administrative 4,219,163 1,881,447 30,704,141 7,446,753
Stock-based compensation – general and administrative 3,560,791 2,125,237 11,043,551 6,022,287
Total Operating Expenses 9,718,762 4,944,961 48,077,956 18,811,238
Operating Loss (8,716,817) (4,944,961) (42,582,688) (18,811,238)
Other Income (Expense)        
Interest income 96,848 168,857
Gain on sale of New Jersey net operating losses 1,762,000
Amortization of deferred financing costs (179,492) (179,492)
Interest expense (231,732) (160,755) (310,604) (160,755)
Total Other Income (Expense), Net (314,376) (160,755) 1,440,761 (160,755)
Loss before Income Taxes (9,031,193) (5,105,716) (41,141,927) (18,971,993)
Income tax expense (benefit) (107,347) 264,240 (74,317) 792,720
Net Loss $ (8,923,846) $ (5,369,956) $ (41,067,610) $ (19,764,713)
Net Loss Per Share - Basic (in Dollars per share) $ (0.08) $ (0.08) $ (0.42) $ (0.28)
Net Loss Per Share – Diluted (in Dollars per share) $ (0.08) $ (0.08) $ (0.42) $ (0.28)
Weighted Average Common Shares Outstanding        
Weighted Average Common Shares Outstanding – Basic (in Shares) 107,890,452 71,552,402 98,413,989 71,552,402
Weighted Average Common Shares Outstanding – Diluted (in Shares) 107,890,452 71,552,402 98,413,989 71,552,402