v3.25.4
In-Process Research and Development, Net
3 Months Ended
Dec. 31, 2025
In-Process Research and Development, Net [Abstract]  
IN-PROCESS RESEARCH AND DEVELOPMENT, NET

6. IN-PROCESS RESEARCH AND DEVELOPMENT, NET

 

In process research and development consists of a beginning carrying value for LYMPHIR of $73,400,000 and a net balance of $72,826,563 at December 31, 2025. Amortization of in-process research and development commenced upon revenue generation in December 2025. For the three months ended December 31, 2025 and December 31, 2024 amortization was $573,438 and $0, respectively. In-process research and development is being amortized as follows on a straight-line basis over the remaining FDA product exclusivity period which ends in August 2036. A summary of the amortization for in-process research and development is as follows:

 

 

Year Ended September 30,  Amount 
2026  $5,160,938 
2027   6,881,250 
2028   6,881,250 
2029   6,881,250 
2030   6,881,250 
2031   6,881,250 
Thereafter   33,259,375 
Total  $72,826,523