Goodwill and Other Intangible Assets

9 Months Ended

Jun. 30, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Note 11 — Goodwill and Other Intangible Assets

Goodwill

As of June 30, 2026, the carrying amount of goodwill was $592,000 (See Note 11). There was no impairment of goodwill for the three and nine months ended June 30, 2026.

Other Intangible Assets

As noted in Notes 10, on December 15, 2025 and January 5, 2026, the Company acquired intellectual property from the acquisition of Solar Drone and QuantumSpeed, respectively. Solar Drone is a drone-based industrial technology platform providing automated cleaning and inspection solutions for utility-scale solar installations and high-voltage electrical infrastructure. The core asset is a proprietary, field-proven drone system that replaces manual, ground-based, and helicopter-based maintenance with autonomous drone operations, improving energy output, safety, and operational reliability while reducing costs and downtime.

QuantumSpeed is currently in a proof-of-concept and system architecture phase, where core mathematical, algorithmic, and architectural principles have been defined and validated at a prototype level.

The Company also acquired intellectual property xClibre from Dream America (See Note 10).  

At acquisition dates, the fair value of intellectual property are as follows: 

Intellectual Property	Acquisition date fair value
SolarDrone	$	14,029,591
QuantumSpeed		105,700,000
xClibre		53,600,000
	$	173,329,591

The following table summarized intangible assets of the Company:

	Estimated Useful Life (years)		June 30, 2026			September 30, 2025
Intellectual property		5	$	173,329,591		$	—
Customer relationship		5		90,000			—
				173,419,591			—
Accumulated amortization				(14,154,373	)		—
Net book value			$	159,265,218		$	—

Amortization of the intangible asset during the three and nine months ended June 30, 2026 was $8,340,569 and $14,154,373, respectively, and there were no amortization charges during the three and nine months ended June 30, 2025.

The future amortization of the intangible asset is as follows:

Fiscal Year	Amount
Remainder of 2026	$	8,670,980
2027		34,683,918
2028		34,683,918
2029		34,683,918
2030		34,683,918
Thereafter		11,858,566
Total unamortized intangible assets	$	159,265,218