v3.25.4
Segment Information
 3 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Information

Note 15 — 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.

 

         
  

For the Three Months Ended

December 31,

 
   2025   2024 
Revenues  $1,456,481   $196,000 
Cost of revenues   1,382,346    180,000 
           
Sales and marketing expenses          
– Marketing service expenses   40,000    - 
           
General and administrative expenses          
– Payroll and stock-based compensation expenses   67,201    29,500 
– Professional service expenses   398,474    357,964 
– Office related expenses   18,272    83,128 
– Lease expenses   36,000      
– Other expenses   56      
           
Other segment expenses (income), net   (457,250)   3,148 
           
Income tax expense   -    - 
           
Net loss from continuing operations  $(28,618)  $(457,740)
           
Net loss from discontinued operations   -    (147,669)

 

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

         
  

For the Three Months Ended

December 31,

 
   2025   2024 
Hong Kong  $1,456,481   $196,000 
Total revenue  $1,456,481   $196,000