Quarterly report [Sections 13 or 15(d)]

Unaudited Condensed Consolidated Balance Sheets

v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash, cash equivalents, and restricted cash $ 23,880,142 $ 15,794,562
Investments in equity securities 1,911,386 2,525,305
Prepaid expenses and other current assets 1,436,799 595,251
Total current assets 27,228,327 18,915,118
Property and equipment, net 280,227 364,808
Operating lease right-of-use assets 2,342,186 2,746,014
Goodwill 6,878,932 6,878,932
Other assets 297,998 930,847
Total assets 37,027,670 29,835,719
Liabilities and Stockholders' Equity    
Accounts payable 1,709,689 3,121,448
Accrued compensation 2,721,934 3,510,237
Accrued expenses and other current liabilities 949,092 394,529
Operating lease liability, short-term portion 775,157 758,946
Total current liabilities 6,155,872 7,785,160
Operating lease liability, long-term portion 1,907,735 2,358,018
Other liabilities 587,823 1,359,871
Total liabilities 8,651,430 11,503,049
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock; no shares issued and outstanding at June 30, 2026 and September 30, 2025 0 0
Common stock, par value $0.01 per share; 308,000,000 shares authorized, 17,268,690 and 14,868,690 shares issued and 17,050,320 and 14,650,320 shares outstanding at June 30, 2026 and September 30, 2025, respectively 172,687 148,687
Additional paid-in-capital 368,368,133 343,286,502
Accumulated other comprehensive loss 0 0
Accumulated deficit (332,357,975) (317,295,914)
Treasury stock, 218,370 shares, at cost (7,806,605) (7,806,605)
Total stockholders' equity 28,376,240 18,332,670
Total liabilities and stockholders' equity $ 37,027,670 $ 29,835,719