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Share-Based Compensation (Tables) | 12 Months Ended
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Oct. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Shares Reserved for Future Issuance Under the Plan | As of October 31, 2025, and 2024, the Company has reserved the following Common Shares for the exercise of Common Share warrants, share options, and remaining shares reserved for future issuance under the 2023 Plan and options granted outside of the 2023 Plan as part of the inducement grants:
|  | October 31, |  |  | October 31, |
|  | 2025 |  |  | 2024 |
Warrants to purchase common shares |  |  | 8,511,968 |  |  |  | 8,511,968 |
Incentive options to purchase common shares awarded pursuant to the 2023 Plan |  |  | 5,717,948 |  |  |  | 4,391,512 |
Inducement grant stock options awarded outside of the 2023 Plan |  |  | 3,315,350 |  |  |  | 1,643,000 |
Remaining shares reserved for future issuance under the 2023 Plan |  |  | 2,933,304 |  |  |  | 2,752,889 |
Remaining shares reserved for future issuance under ESPP |  |  | 2,000,000 |  |  |  | — |
Total |  |  | 22,478,570 |  |  |  | 17,299,369 |
Schedule of Assumptions Used to Determine Grant-Date Fair Value of Stock Options | The assumptions that the Company used to determine the grant-date fair value of stock options during the years ended October 31, 2025 and 2024, were as follows:
| Year ended October 31, |  |
| 2025 |  |  | 2024 |  |
Expected term (in years) |  | 5.5-6.08 |  |  | 5.51 - 6.08 |  |
Expected volatility |  | 78.78-83.53% |  |  | 78.24 - 82.33% |  |
Risk-free interest rate |  | 3.84-4.49% |  |  | 1.78 - 4.66% |  |
Expected dividend yield |  |  | — |  |  |  | — |  |
Fair value of common shares and exercise price of options (USD) | $ | 3.31-7.39 |  | $ | 4.73 - 12.60 |  |
Summary of Stock Option Activity | The following table summarizes the Company’s stock option activity:
|  | Number of Shares |  |  | Weighted- Average Exercise Price (USD) |  |  | Weighted- Average Remaining Contractual Term (in years) |  |  | Aggregate Intrinsic Value |
Outstanding as of October 31, 2024 |  |  | 6,034,512 |  |  | $ | 6.88 |  |  |  | 7.4 |  |  | $ | 17,809 |
Granted |  |  | 4,926,875 |  |  |  | 6.41 |  |  |  |  |  |  |
Exercised |  |  | (1,041,982 | ) |  |  | 2.13 |  |  |  |  |  |  |
Forfeited or expired |  |  | (886,107 | ) |  |  | 9.86 |  |  |  |  |  |  |
Outstanding as of October 31, 2025 |  |  | 9,033,298 |  |  | $ | 6.93 |  |  |  | 8.5 |  |  | $ | 10,979 |
Options vested and exercisable as of October 31, 2025 |  |  | 2,935,183 |  |  | $ | 6.07 |  |  |  | 7.0 |  |  | $ | 6,497 |
Options unvested as of October 31, 2025 |  |  | 6,098,115 |  |  | $ | 7.35 |  |  | $ | 9.2 |  |  | $ | 4,482 |
Summary of Share-based Compensation Expense | Share-based compensation expense included in the Company’s consolidated statements of operations and comprehensive loss was as follows:
|  | Year Ended October 31, |
|  | 2025 |  |  | 2024 |
Research and development |  | $ | 3,282 |  |  | $ | 1,794 |
General and administrative |  |  | 6,364 |  |  |  | 3,530 |
Total share-based compensation expense |  | $ | 9,646 |  |  | $ | 5,324 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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