XML 23 R13.htm IDEA: XBRL DOCUMENT v3.25.2
Related Party Transactions
9 Months Ended
Jun. 30, 2025
Related Party Transactions  
Related Party Transactions

7. Related Party Transactions

In recent years, the Company has had sales to AML Global Eclipse, LLC (“Eclipse”), whose principal shareholder is also a principal shareholder in the Company. Prior balances are disclosed below for comparability.

Sales to Eclipse amounted to approximately $55,317 and $110,000 for the three months ended June 30, 2025 and 2024, respectively.

Sales to Eclipse amounted to approximately $72,197 and $203,000 for the nine months ended June 30, 2025 and 2024, respectively.

On October 18, 2024, the Company entered into a consulting agreement with Peduzzi Associated, ltd. (“PAL”), an entity in which board member Maj. General Dean serves as President. PAL will provide consulting services in support of the Company’s business development growth into the DoD. The term of the agreement is for one year and in consideration for services the Company will pay PAL a retainer of $9,500 per month. For the three and nine months ended June 30, 2025, the Company paid PAL $28,500 and $85,500, respectively.