v3.26.1
Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2026
Fair Value Measurements [Abstract]  
Schedule of Fair Value Hierarchy Levels Measured at Recurring Basis

The following table sets forth the Company’s financial liabilities measured at fair value on a recurring basis, by level within the fair value hierarchy, at June 30, 2026 and September 30, 2025:

 

Warrant liabilities   June 30,
2026
    September 30,
2025
 
Level 1   $     $  
Level 2            
Level 3     212,364        
Total   $ 212,364     $             
Schedule of Company's Liabilities Measured at Significant Unobservable Inputs

The following table presents a reconciliation of the Company’s liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended June 30, 2026:

 

Level 3 warrant liability   Amount  
Balance at September 30, 2025   $  
Warrants issued     198,612  
Change in fair value recognized in earnings     13,752  
Balance at June 30, 2026   $ 212,364  
Schedule of Warrant Liabilities Measured at Significant Unobservable Inputs

The fair value of the warrant liabilities are estimated using the Black-Scholes option-pricing model. The significant unobservable inputs used in the measurement of the warrant liabilities at June 30, 2026 were as follows:

 

Significant unobservable input   June 30,
2026
 
Expected volatility     93.41 %
Underlying common stock price   $ 0.4079  
Remaining contractual term     4.79 – 4.96 years  
Risk-free interest rate     4.14 %
Expected dividend yield     0.00 %