v3.26.1
Condensed Consolidated Statements of Operations And Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Revenues $ 9,085,336 $ 9,091,442 $ 27,146,959 $ 26,112,091
Cost of revenue:        
Monitoring, products and other related services 3,917,964 3,765,700 11,704,905 10,789,484
Depreciation & amortization included in cost of revenue 931,653 734,301 2,447,493 2,192,857
Total cost of revenue 4,849,617 4,500,001 14,152,398 12,982,341
Gross profit 4,235,719 4,591,441 12,994,561 13,129,750
Operating expense:        
General & administrative 2,232,515 2,078,417 6,706,694 6,636,680
Selling & marketing 870,500 858,789 2,739,434 2,724,721
Research & development 651,205 675,861 2,044,659 2,095,901
Depreciation & amortization 231,650 227,568 687,723 682,506
Total operating expense 3,985,870 3,840,635 11,548,038 12,206,291
Operating income (loss) 249,849 750,806 1,446,523 923,459
Interest income 0 0 1,077 0
Interest expense (786,003) (568,536) (2,026,740) (1,703,339)
Currency exchange rate gain (loss) (656,128) 1,253,726 (742,055) (210,708)
Gain on troubled debt restructuring 23,464,004 0 23,464,004 0
Warrant liability issuance costs 22,539 (0) 22,539 (0)
Revaluation of warrant liability (205,031) (0) (205,031) (0)
Total other income (expense) 22,204,365 685,190 20,878,778 (1,914,047)
Income (loss) before income taxes 22,454,214 1,435,996 22,325,301 (990,588)
Income tax expense (benefit) 11,193 1,716 79,009 103,097
Net income (loss) attributable to common shareholders 22,443,021 1,434,280 22,246,292 (1,093,685)
Foreign currency translation adjustments 480,720 (526,580) 582,821 159,480
Comprehensive income (loss) $ 22,923,741 $ 907,700 $ 22,246,230 $ 1,028,226
Net income (loss) per share (in dollars per share) $ 0.69 $ 0.12 $ 1.19 $ (0.09)
Weighted average shares outstanding (in shares) 32,342,689 11,863,758 18,690,068 11,863,758
Net income (loss) per share (in dollars per share) $ 0.68 $ 0.12 $ 1.18 $ (0.09)
Weighted average shares outstanding (in shares) 32,845,437 11,863,758 18,857,650 11,863,758
Track Group Chile [Member]        
Operating expense:        
Loss on sale of subsidiary $ 0 $ 0 $ (630,472) $ 66,483
Release of cumulative translation adjustment for sale of subsidiary (0) (0) 582,883 (1,390,913)
Equity adjustment for sale of subsidiary 0 0 0 571,518
Monitoring and Other Related Services [Member]        
Revenue:        
Revenues 8,507,111 8,071,416 25,581,618 24,380,699
Product Sales and Other [Member]        
Revenue:        
Revenues $ 578,225 $ 1,020,026 $ 1,565,341 $ 1,731,392