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 1,053,869 1,621,325 4,287,106 7,514,888
Amortization of in-process research and development 1,720,312 4,014,062
General and administrative 6,149,173 4,447,008 38,261,001 14,626,882
Stock-based compensation – general and administrative 3,810,665 2,719,674 11,879,167 7,946,529
Total Operating Expenses 12,734,019 8,788,007 58,441,336 30,088,299
Operating Loss (11,732,074) (8,788,007) (52,946,068) (30,088,299)
Other Income (Expense)        
Interest income 116,691 20,637 215,372 56,658
Gain on sale of New Jersey net operating losses 3,833,277
Amortization of deferred financing costs (179,492) (179,492)
Interest expense (231,732) (172,262) (420,301) (172,262)
Total Other Income (Expense), Net (294,533) (151,625) 3,448,856 (115,604)
Loss before Income Taxes (12,026,607) (8,939,632) (49,497,212) (30,203,903)
Income tax expense (benefit) (107,347) 264,240 (74,317) 792,720
Net Loss (11,919,260) (9,203,872) (49,422,895) (30,996,623)
Net loss attributable to non-controlling interest 3,056,417 414,000 11,108,127 1,522,000
Net loss applicable to common stockholders $ (8,862,843) $ (8,789,872) $ (38,314,768) $ (29,474,623)
Net Loss Per Share - Basic (in Dollars per share) $ (0.34) $ (0.8) $ (1.64) $ (3.27)
Net Loss Per Share - Diluted (in Dollars per share) $ (0.34) $ (0.8) $ (1.64) $ (3.27)
Weighted Average Common Shares Outstanding        
Basic (includes pre-funded warrants) (in Shares) 26,169,589 11,006,896 23,343,869 9,020,356
Diluted (includes pre-funded warrants) (in Shares) 26,169,589 11,006,896 23,343,869 9,020,356