v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Sep. 30, 2024
Current assets    
Cash and cash equivalent $ 4,385,289 $ 1,077,138
Accounts receivable, net
Inventories 2,058,800
Prepayments and other current assets 1,387,476 65,797
Current assets from discontinued operations 1,145,673
Total current assets 7,831,565 2,288,608
Non-current assets    
Goodwill, net
Equity investment 1,000,000
Non-current assets from discontinued operations 1,880,729
Total non-current assets 1,000,000 1,880,729
Total assets 8,831,565 4,169,337
Current liabilities    
Other payables and accrued liabilities 830,702 138,700
Short-term loan payable 50,000 50,000
Current liabilities from discontinued operations 1,124,153
Total current liabilities 880,702 1,312,853
Non-current liabilities    
Non-current liabilities from discontinued operations 58,948
Total non-current liabilities 58,948
Total liabilities 880,702 1,371,801
Commitments and contingency
Stockholders’ Equity    
Common stock, no par value; 100,000,000 shares authorized; 7,748,482 and 2,279,960 shares issued and outstanding on June 30, 2025 and September 30, 2024 [1]
Additional paid in capital 21,753,739 10,748,534
Subscription receivable (293,750)  
Accumulated deficit (13,509,126) (7,738,644)
Non-controlling interest (212,354)
Total equity 7,950,863 2,797,536
Total liabilities and equity $ 8,831,565 $ 4,169,337
[1] On October 9, 2024, the Company completed a 1-for-10 reverse stock split of its issued and outstanding common stock, no par value, (the “Reverse Stock Split”). As a result of the Reverse Stock Split, each share of common stock issued and outstanding immediately prior to October 9, 2024 were automatically converted into one-tenth (1/10) of a share of common stock. The Reverse Stock Split did not reduce the number of authorized shares of Common Stock and did not change the par value of the Common Stock. The Reverse Stock Split affected all stockholders uniformly. Except to the extent that the Reverse Stock Split resulted in the stockholders’ fractional shares being rounded up, no other effects affect stockholder’s ownership percentage of the Company’s shares of Common Stock. 199,787 fractional shares were issued in connection with the Reverse Stock Split. All references to number of shares, and to per share information in the consolidated financial statements have been retroactively adjusted.