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Stock-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2025
Stock-Based Compensation [Abstract]  
Schedule of Stock-Based Compensation Expense

During the years ended September 30, 2025 and 2024, stock-based compensation expense related to the stock options and restricted stock units was included in selling, general and administrative and research and development costs as follows in the accompanying statements of operations:

 

   2025   2024 
Selling, general and administrative  $990,586   $1,064,819 
Research and development   274,022    279,657 
Total stock-based compensation expense  $1,264,608   $1,344,476 
Schedule of Warrant Activity The following table summarizes the Company’s stock option plan activity for the years ended September 30, 2025 and 2024:
   Number of
Options
   Weighted
Average
Exercise
Price
   Weighted-
Average
Remaining
Contractual
Term (years)
   Aggregate
Intrinsic
Value(1)
 
Outstanding at September 30, 2023   1,708,427   $4.34    7.7   $20,064 
Granted   1,225,669   $1.26         
Exercised   
   $
         
Forfeited/Cancelled   (120,000)  $1.33         
Outstanding at September 30, 2024   2,814,096   $3.13    7.7   $22,685 
Granted   3,336,571   $0.60         
Exercised   
   $
         
Forfeited/Cancelled   (67,500)  $1.82         
Outstanding at September 30, 2025   6,083,167   $1.76    8.3    999,882 
Vested and expected to vest at September 30, 2025   6,083,167   $1.76    8.3   $999,882 
Vested and exercisable at September 30, 2025   2,172,035   $3.62    6.4   $44,288 

 

(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the fair value of our common stock as of September 30, 2025 and 2024 of $0.89 and $0.99 per share, respectively. As of September 30, 2025 and 2024, 2,772,156 and 2,780,581 outstanding options, respectively, had no intrinsic value.
Schedule of Weighted-Average Assumptions in Black-Scholes Option-pricing Model

The weighted-average assumptions used in the Black-Scholes option-pricing model are as follows for the stock options granted during the years ended September 30: 

 

   2025   2024 
Expected stock price volatility   110.0%   111.9%
Expected life of options (years)   6.0    6.1 
Expected dividend yield   0%   0%
Risk free interest rate   4.0%   4.6%
Schedule of Summary of Restricted Stock Unit

A summary of restricted stock unit (“RSU”) activity is as follows for the years ended September 30, 2025 and 2024:

 

   Number of 
   Shares 
Non-vested at September 30, 2023   393,370 
Granted   1,006,725 
Vested   (270,333)
Non-vested at September 30, 2024   1,129,762 
Granted   83,334 
Forfeitures   (2,500)
Vested   (397,900)
Non-vested at September 30, 2025   812,696