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v3.26.1

Leases | 6 Months Ended
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Mar. 31, 2026
Leases |
Leases | Note 8 — Leases The Company has entered into operating leases for office space. The leases have remaining terms ranging from eight months to 1.3 years and expire at various dates through July 2027. The leases do not contain residual value guarantees or restrictive covenants. The following lease costs are included in the condensed consolidated statements of operations and comprehensive loss: Schedule of Lease Costs
|  | 2026 |  |  | 2025 |
|  | Six months ended March 31, |
|  | 2026 |  |  | 2025 |
Operating lease cost |  | $ | 171 |  |  | $ | 316 |
Short-term lease cost |  |  | 15 |  |  |  | 24 |
Total lease cost |  | $ | 186 |  |  | $ | 340 |
Cash paid for amounts included in the measurement of operating lease liabilities for the six months ended March 31, 2026 and 2025 was $171 and $378, respectively. As of March 31, 2026, the weighted-average remaining lease term was 1.2 years, and the weighted-average discount rate was 15.6%. There are no other leases that had not yet commenced as of March 31, 2026 that will create significant additional rights and obligations for the Company. The following table reconciles the undiscounted cash flows to the operating lease liabilities recorded on the condensed consolidated balance sheet as of March 31, 2026: Schedule of Operating Lease Liability Maturity
Years ending September 30, |  |  |
2026 (remaining six months) |  | $ | 136 |
2027 |  |  | 99 |
Total minimum lease payments |  |  | 235 |
Less: imputed interest |  |  | (14 | )
Present value of future minimum lease payments |  |  | 221 |
Less: current obligations under leases |  |  | (208 | )
Long-term lease obligations |  | $ | 13 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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