Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Operations (Unaudited)

v3.25.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]        
Collaboration revenue $ 1,000,000 $ 18,626
Operating expenses:        
Research and development 1,884,907 2,167,288 3,770,983 2,811,330
General and administrative 2,344,513 1,701,273 4,307,859 2,354,728
Total operating expenses 4,229,420 3,868,561 8,078,842 5,166,058
Loss from operations (4,229,420) (3,868,561) (7,078,842) (5,147,432)
Other income 720,102 4,327,946 720,102 4,327,946
Foreign exchange gain (loss) 18,196 (93,960) (134,688) 16,402
(Loss) income before provision for income taxes (3,491,122) 365,425 (6,493,428) (803,084)
Provision for income taxes (158,400)
Net (loss) income $ (3,491,122) $ 365,425 $ (6,651,828) $ (803,084)
Net (loss) income per share, basic $ (0.89) $ 0.63 $ (2.25) $ (1.53)
Weighted average shares outstanding, basic 3,921,641 577,374 2,961,796 525,756
Net (loss) income per share, diluted $ (0.89) $ 0.60 $ (2.25) $ (1.53)
Weighted average shares outstanding, diluted 3,921,641 610,891 2,961,796 525,756