v3.25.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Sep. 30, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 137,076 $ 737,020
Accounts receivable, net 145,593 50,765
Inventories 59,330 78,535
Acquisition deposit 5,335,916 5,517,719
Prepayments and other current assets 10,622,174 2,376,081
Current assets of discontinued operations 2,236,794 1,592,955
TOTAL CURRENT ASSETS 18,536,883 10,353,075
NON-CURRENT ASSETS:    
Property, equipment and intangible assets, net 111,177 129,396
Long-term investments 4,591,426 4,617,863
Operating lease right-of-use assets, net 365,320 414,665
Prepayments and other non-current assets 36,248 64,451
Non-current assets of discontinued operations 1,217,768 1,504,019
TOTAL NON-CURRENT ASSETS 6,321,939 6,730,394
TOTAL ASSETS 24,858,822 17,083,469
CURRENT LIABILITIES:    
Short term bank loan 294,900
Long-term bank loans - current portion 1,896,179 1,567,487
Accounts payable 1,596,480 284,105
Deferred revenue 4,170,793 2,707,069
Refund liabilities 46,983 88,502
Operating lease liabilities-current 98,975 114,217
Taxes payable 1,284,668 1,423,924
Convertible notes 5,860,000
Accrued expenses and liabilities 485,969 649,767
Current liabilities of discontinued operations 5,970,388 6,737,792
TOTAL CURRENT LIABILITIES 21,705,335 13,572,863
NON-CURRENT LIABILITIES:    
Operating lease liabilities-non-current 234,211 261,512
Long-term bank loans 964,626 1,766,986
Warrants liabilities 3,495,765
Non-current liabilities of discontinued operations 1,561,305 708,187
TOTAL NON-CURRENT LIABILITIES 7,419,264 3,099,235
TOTAL LIABILITIES 29,124,599 16,672,098
COMMITMENTS AND CONTINGENCIES (NOTE 14)
EQUITY:    
Ordinary shares, value
Additional paid in capital 19,450,741 19,450,741
Statutory reserves 1,007,027 1,007,027
Accumulated deficit (23,336,428) (18,541,751)
Accumulated other comprehensive loss (1,042,446) (1,208,386)
TOTAL SHAREHOLDERS’ (DEFICIT) EQUITY (3,911,201) 717,536
Non-controlling interests (354,576) (306,165)
TOTAL (DEFICIT) EQUITY (4,265,777) 411,371
TOTAL LIABILITIES AND (DEFICIT) EQUITY 24,858,822 17,083,469
Class A Ordinary Shares    
EQUITY:    
Ordinary shares, value 7,890 7,890
Class B Ordinary Shares    
EQUITY:    
Ordinary shares, value 2,015 2,015
Related Party    
NON-CURRENT LIABILITIES:    
Due to a related party $ 1,163,357 $ 362,550