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Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets And Liabilities Measured On Recurring Basis

Liabilities measured at fair value on a recurring basis as of September 30, 2025 are as follows:

 

   Level 1   Level 2   Level 3   Total 
                 
Earnout liability  $—   $—   $1,240   $1,240 
Liability-classified warrants   —    —    6,859    6,859 
Total  $—   $—   $8,099   $8,099 
Schedule of Fair Value Measured On Recurring Basis Unobservable Input Reconciliation

The following table provides a reconciliation of the balance of financial instruments measured at fair value on a recurring basis using Level 3 inputs:

 

   Earnout
Liability
   Liability Classified
Warrants
   PIPE
Make-Whole
Liability
   SAFEs 
Balance, September 30, 2023  $—   $—   $—   $1,512 
Liabilities recognized in the Merger   33,559    150    2,071    — 
Sale of warrants in the July 2024 Private Placement   —    6,397    —    — 
Other warrants issued   —    732    —    — 
Conversion to Class A Common Stock in the Merger   —    —    —    (1,522)
Exercise of warrants   —    (3,393)   —      
Settlement of liability   —    (332)   (1,241)   — 
Change in fair value included in net loss   (31,879)   (1,415)   (830)   10 
Balance, September 30, 2024  $1,680   $2,139   $—   $— 
Sale of warrants in the April 2025 Offering   —    2,853    -    - 
Issuance of inducement warrants   —    5,699    -    - 
Modification of warrants   —    1,214    -    - 
Exercise of warrants   —    (4,242)   -    - 
Change in fair value included in net loss   (440)   (804)   -    - 
Balance, September 30, 2025  $1,240   $6,859    -    - 
Schedule of Fair Value of Liability-Classified Warrants

 

   September 30, 
   2025   2024 
         
Stock price  $0.81   $1.06 
Expected volatility   79.0%   55.7%
Risk-free rate   3.7%   3.5 – 3.9%
Contractual term   4.3 – 4.9 years    1.1 – 5.1 years 
   September 30, 
   2025   2024 
         
Stock price  $0.81   $1.06 
Expected volatility   80%   70%
Risk-free rate   3.8%   3.6%
Contractual term   6.2 years    7.2 years