v3.25.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Cash Flows From Operating Activities:        
Net loss $ (5,534,069) $ (6,659,205) $ (24,761,369) $ (21,148,747)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:        
Stock-based compensation expense 3,956,050 1,808,478 8,320,419 7,498,817
Amortization of in-process research and development 573,438    
Deferred income tax expense 264,240 264,240 1,056,960 576,000
Changes in operating assets and liabilities:        
Accounts receivable, net of allowances (4,049,111)    
Inventory (352,649) (6,112,603) (12,649,207) (2,133,871)
Prepaid expenses (1,831,660) (1,100,000)
Accounts payable (2,787,784) 2,162,955 9,523,062 2,422,577
Accrued expenses 425,792 6,228,612 4,093,124 (259,071)
Due to related party 1,980,807 2,307,523 8,924,965 14,270,648
Net Cash (Used In) Provided By Operating Activities (7,354,946) (5,492,046) 126,353
Cash Flows From Investing Activities:        
License payments (4,400,000) (5,750,000) (5,000,000)
Net Cash Used In Investing Activities (4,400,000) (5,750,000) (5,000,000)
Cash Flows From Financing Activities:        
Net proceeds from issuance of common stock 15,125,489 15,166,842
Cash contributed by parent     3,827,944
Merger, net     (2,754,296)
Proceeds from issuance of note payable to related party     3,800,111
Net Cash Provided by Financing Activities 15,125,489 15,166,842 4,873,759
Net Change in Cash and Cash Equivalents 3,370,543 3,924,796 112
Cash and Cash Equivalents – Beginning of Period 3,924,908 112 112
Cash and Cash Equivalents – End of Period 7,295,451 112 3,924,908 112
Supplemental Disclosures of Cash Flow Information and Non-cash Activities:        
IPR&D Milestones included in License Payable     28,400,000
Capital Contribution of due to related party by parent     33,180,961
Net Prepaid Manufacturing transferred to Inventory     1,368,720 6,134,895
Interest Paid $ 14,460 $ 187,389