XML 51 R32.htm IDEA: XBRL DOCUMENT
v3.24.4

Income Taxes (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2024
Income Taxes [Abstract] |
Schedule of Federal Income Tax Rate to Provision (Benefit) for Income Taxes | A reconciliation of income tax computed at the statutory federal income tax rate to the provision (benefit) for income taxes included in the accompanying statements of operations for the years ended September 30 is as follows:
|  | 2024 |  |  | 2023 |
Income tax benefit at federal statutory rate |  |  | (21.0 | )% |  |  | (21.0 | )%
State income tax, net of federal benefit |  |  | (7.7 | ) |  |  | (7.7 | )
Research credits |  |  | (2.4 | ) |  |  | (1.7 | )
Stock-based compensation and other |  |  | 1.9 |  |  |  | 0.8 |
Valuation allowance |  |  | 29.2 |  |  |  | 29.6 |
Effective tax rate |  |  | — | % |  |  | — | %
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax assets and liabilities are summarized in the tables below as of September 30:
|  | 2024 |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |
Federal and state operating loss carryforwards |  | $ | 13,789,594 |  |  | $ | 11,657,158 |
Acquired intangibles |  |  | 30,258 |  |  |  | 28,352 |
Accruals and other |  |  | 97,803 |  |  |  | 63,301 |
Research and development capitalization |  |  | 2,650,371 |  |  |  | 1,780,649 |
Research and development credit carryforwards |  |  | 1,609,718 |  |  |  | 1,314,487 |
Stock-based compensation |  |  | 986,952 |  |  |  | 788,790 |
Total deferred tax assets |  |  | 19,164,696 |  |  |  | 15,632,737 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Fixed assets and other |  |  | (136,659 | ) |  |  | (204,829 | )
Total deferred tax liabilities |  |  | (136,659 | ) |  |  | (204,829 | )
Valuation allowance |  |  | (19,028,037 | ) |  |  | (15,427,908 | )
Net deferred tax assets |  | $ | — |  |  | $ | — |
Schedule of Unrecognized Tax Positions | A reconciliation of the beginning and ending amounts of unrecognized tax positions for the years ended September 30 is as follows:
|  | 2024 |  |  | 2023 |
Unrecognized tax positions, beginning of year |  | $ | 231,968 |  |  | $ | — |
Gross increase, current period tax positions |  |  | 52,100 |  |  |  | 231,968 |
Unrecognized tax positions, end of year |  | $ | 284,068 |  |  | $ | 231,968 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration