v3.26.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash and cash equivalents $ 11,242,068 $ 8,083,085
Accounts receivable 1,644,291 1,490,931
Inventory 5,043,530 3,338,404
Prepaid expenses and other current assets 5,238,312 4,476,549
Total current assets 23,168,201 17,388,969
Operating lease right-of-use assets, net 185,183 225,508
Equity method investment 2,527,418 552,183
Other assets 304,048 417,523
Total assets 26,184,850 18,584,183
Current liabilities:    
Current portion of unsecured convertible promissory note   29,947,000
Current portion of unsecured promissory note 18,227,000  
Current portion of operating lease liabilities 64,016 58,897
Accounts payable 6,807,296 10,192,388
Accrued expenses 3,278,739 5,314,320
Income taxes payable 302,000 302,000
Total current liabilities 28,679,051 45,814,605
Operating lease liabilities 140,128 188,801
Warrant liability 7,758,238 4,768,438
Total liabilities 36,577,417 50,771,844
Commitments and contingencies (Note 8)
Stockholders' deficit:    
Preferred stock, par value $0.01 per share: 10,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.01 per share; 260,000,000 shares authorized; 187,096,998 and 53,887,233 shares issued and outstanding at June 30, 2026 and September 30, 2025, respectively 1,870,971 538,873
Additional paid-in capital 641,276,712 572,983,229
Accumulated deficit (653,540,250) (605,709,763)
Total stockholders' deficit (10,392,567) (32,187,661)
Total liabilities and stockholders' deficit $ 26,184,850 $ 18,584,183