v3.25.2
Segment Information
 9 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information

Note 14 — Segment Information

 

Reportable Segments

 

The Company operates as a single reportable segment, which is consistent with how the Chief Operating Decision Maker (“CODM”), the Chief Executive Officer, allocates resources and assesses performance. The Company’s operations are centralized and integrated, with financial results reviewed and managed on a consolidated basis. Accordingly, management has determined that the Company has one reportable segment under ASC Topic 280, Segment Reporting.

 

Measure of Segment Profit or Loss

 

The CODM reviews financial information on a consolidated basis, using Net Income as the primary measure of segment performance to monitor budget versus actual results and decide where to allocate and invest additional resources to achieve continued growth. Net Income is defined as revenue less cost of goods sold and operating expenses, and other segment items (including interest income, interest expense, other income and other expenses), and income taxes.

 

Significant Segment Expense Categories Provided to the CODM

 

The CODM regularly receives and reviews the following expense categories, which are included in the segment’s measure of profit or loss.

 

Schedule of Segment Information 

   2025   2024   2025   2024 
  

For the Three Months Ended

 June 30, 

  

For the Nine Months Ended

 June 30, 

 
   2025   2024   2025   2024 
Revenues  $1,086,250   $-   $1,760,350   $- 
Cost of revenues   1,102,300    -    1,718,900    - 
                     
Sales and marketing expenses                    
– Marketing service expenses   

60,000

    

-

    

80,000

    

20,925

 
                     
General and administrative expenses                    
– Payroll and stock-based compensation expenses   1,186,200    20,833    2,307,751    83,333 
– Professional service expenses   263,065    85,516    894,916    317,116 
– Office related expenses   18,325    82,318    113,818    239,723 
– Lease expenses   17,000    -    29,500    - 
– Travel expenses   -    -    -    3,568 
                     
Other segment expenses (income), net   (14,352)   (19,059)   2,120,634    (230,091)
                     
Income tax expense   -    -    -    800 
                     
Net loss from continuing operations  $(1,546,288)  $(169,608)  $(5,505,169)  $(435,374)
                     
Net loss from discontinued operations   -    (881,273)   (195,796)   (2,526,698)

 

The following table presents revenues by geographic area based on the sales location of our products:

 

   2025   2024   2025   2024 
  

For the Three Months Ended

June 30,

  

For the Nine Months Ended

June 30,

 
   2025   2024   2025   2024 
Hong Kong  $1,086,250   $-   $1,760,350   $- 
Total revenue   1,086,250    -    1,760,350    -