v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Sep. 30, 2025
Sep. 30, 2024
Net revenue:            
Total net revenue $ 789 $ 2,350 $ 3,634 $ 8,030 $ 9,912 $ 6,442
Cost of revenue:            
Total cost of revenue 687 1,001 2,767 3,974 4,905 3,890
Gross profit 102 1,349 867 4,056 5,007 2,552
Operating expenses:            
Research and development 411 486 1,281 1,816 2,419 5,779
Selling, general and administrative 7,045 8,208 21,864 32,043 39,556 41,835
Impairment of long-lived assets 725 725 725 1,333
Loss from operations (7,354) (8,070) (22,278) (30,528) (37,693) (46,395)
Interest expense 868 547 3,637 1,032 2,325 1,582
Change in fair value of earnout liability (210) (960) (490) (440) (31,879)
Change in fair value of warrants (108) (612) 320 (1,237) (804) (1,415)
Change in fair value of PIPE make-whole liability         (830)
Merger-related transaction costs expensed         4,009
Change in fair value of notes payable 27 27    
Loss on issuance of preferred shares and liability-classified warrants 3,707 3,707    
Financing costs expensed 600 443 600 443 7,266 2,894
Loss on extinguishment of notes payable 3,791 17 4,218 300    
Other non-operating (gains) losses, net 553 19 (1,036) (165) 84 1,707
Loss before income taxes (16,792) (8,274) (32,791) (30,411) (46,124) (22,463)
Income tax provision (benefit) 3 (2) (18) (9) 7 (2,429)
Net loss and comprehensive loss $ (16,795) $ (8,272) $ (32,773) $ (30,402) (46,131) (20,034)
Deemed dividend from warrant price adjustment         661
Net loss available to common stockholders         $ (46,131) $ (20,695)
Net loss per share of Class A and Class B Common Stock:            
Basic $ (1.33) $ (1.70) $ (3.39) $ (7.16) $ (10.15) $ (7.28)
Diluted $ (1.33) $ (1.70) $ (3.39) $ (7.16) $ (10.15) $ (7.53)
Weighted-average common shares outstanding:            
Basic 12,640,059 4,878,530 9,683,935 4,247,441 4,546,509 2,841,958
Diluted 12,640,059 4,878,530 9,683,935 4,247,441 4,546,509 2,948,302
Product [Member]            
Net revenue:            
Total net revenue $ 529 $ 1,503 $ 2,533 $ 4,911 $ 5,996 $ 5,890
Cost of revenue:            
Total cost of revenue 528 655 1,933 2,912 3,563 3,752
Service [Member]            
Net revenue:            
Total net revenue 260 847 1,101 3,119 3,916 552
Cost of revenue:            
Total cost of revenue $ 159 $ 346 $ 834 $ 1,062 $ 1,342 $ 138