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Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 8,083,085 $ 14,927,538
Accounts receivable 1,490,931  
Inventory 3,338,404  
Prepaid expenses and other current assets 4,476,549 12,488,498
Total current assets 17,388,969 27,416,036
Operating lease right-of-use assets, net 225,508 274,645
Equity method investment 552,183 693,190
Other assets 417,523 439,283
Total assets 18,584,183 28,823,154
Current liabilities:    
Current portion of unsecured convertible promissory note 29,947,000 29,440,000
Current portion of operating lease liabilities 58,897 50,907
Accounts payable 10,192,388 7,968,725
Accrued expenses 5,314,320 3,237,468
Income taxes payable 302,000 1,856,629
Total current liabilities 45,814,605 42,553,729
Operating lease liabilities 188,801 246,922
Warrant liability 4,768,438 59,099,013
Total liabilities 50,771,844 101,899,664
Commitments and contingencies (Note 9)
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; 53,887,233 and 23,905,635 shares issued and outstanding at September 30, 2025 and September 30, 2024, respectively 538,873 239,057
Additional paid-in capital 572,983,229 469,969,333
Accumulated deficit (605,709,763) (543,284,900)
Total stockholders' deficit (32,187,661) (73,076,510)
Total liabilities and stockholders' deficit $ 18,584,183 $ 28,823,154