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CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2025
Sep. 30, 2024
CONDENSED BALANCE SHEETS    
Cash and cash equivalents $ 1,792,856 $ 4,738,173
Prepaid expenses 304,133 294,097
Supplies used for R&D and manufacturing 518,040 1,019,908
Deposit 7,500 3,500
Total current assets 2,622,529 6,055,678
Finance lease right-of-use assets 5,998,731 7,350,364
Operating lease right-of-use assets 1,332,096 1,495,937
Property and equipment, net 6,578,679 8,129,753
Patent costs, net 130,585 165,492
Deposits 2,319,101 2,319,101
Supplies used for R&D and manufacturing, Noncurrent 1,354,478 1,475,441
Total assets 20,336,199 26,991,766
Current Liabilities:    
Accounts payable 1,577,215 1,448,467
Accrued expenses 475,602 566,042
Due to employees 1,169,520 363,306
Finance lease liabilities, current portion 2,205,972 2,010,995
Operating lease liabilities, current portion 187,739 226,969
Total current liabilities 5,616,048 4,615,779
Finance lease liabilities, net of current portion 6,271,813 7,957,925
Operating lease liabilities, net of current portion 1,298,398 1,425,979
Other liabilities 125,000 125,000
Total liabilities 13,311,259 14,124,683
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 par value; 200,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, $0.01 par value; 600,000,000 shares authorized; 5,321,341 and 2,126,237 shares issued and outstanding at June 30, 2025 and September 30, 2024, respectively 53,214 21,266
Additional paid-in capital 540,293,742 526,857,678
Accumulated deficit (533,322,016) (514,011,861)
Total stockholders' equity 7,024,940 12,867,083
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 20,336,199 $ 26,991,766