v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]        
Revenues $ 1,667,298 $ 5,611,409
Cost of revenues (328,878) (1,118,086)
Gross Profit 1,338,420 4,493,323
Operating Expenses        
Research and development 1,079,354 3,139,413 2,097,706 4,403,921
Amortization of in-process research and development 1,720,312 2,293,750
General and administrative 23,625,639 2,243,327 26,484,978 5,565,306
Stock-based compensation – general and administrative 3,526,710 2,088,572 7,482,760 3,897,050
Total Operating Expenses 29,952,015 7,471,312 38,359,194 13,866,277
Operating Loss (28,613,595) (7,471,312) (33,865,871) (13,866,277)
Other Income (Expense)        
Interest income 43,721 72,009
Gain on sale of New Jersey net operating losses 1,762,000 1,762,000
Interest expense (33,031) (78,872)
Total Other Income, Net 1,772,690 1,755,137
Loss before Income Taxes (26,840,905) (7,471,312) (32,110,734) (13,866,277)
Income tax expense (benefit) (231,210) 264,240 33,030 528,480
Net Loss $ (26,609,695) $ (7,735,552) $ (32,143,764) $ (14,394,757)
Net Loss Per Share - Basic (in Dollars per share) $ (0.27) $ (0.11) $ (0.34) $ (0.2)
Net Loss Per Share – Diluted (in Dollars per share) $ (0.27) $ (0.11) $ (0.34) $ (0.2)
Weighted Average Common Shares Outstanding        
Weighted Average Common Shares Outstanding – Basic (in Shares) 100,027,204 71,552,402 93,657,757 71,552,402
Weighted Average Common Shares Outstanding – Diluted (in Shares) 100,027,204 71,552,402 93,657,757 71,552,402