v3.26.1
Segment Information
 6 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information

Note 17 — 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.

 

   2026   2025   2026   2025 
  

For the Three Months Ended

March 31,

  

For the Six Months Ended

March 31,

 
   2026   2025   2026   2025 
Revenues  $931,911   $478,100   $2,388,392   $674,100 
Cost of revenues   910,064    436,600    2,292,410    616,600 
                     
Sales and marketing expenses                    
– Marketing service expenses   60,000    20,000    100,000    20,000 
                     
General and administrative expenses                    
– Payroll and stock-based compensation expenses   114,182    1,092,051    181,383    1,121,551 
– Professional service expenses   581,782    274,284    980,256    632,248 
– Office related expenses   21,739    16,970    40,066    95,098 
– Lease expenses   36,000    7,500    72,000    12,500 
                     
Other segment expenses (income), net   (284,565)   (2,131,836)   172,684    (2,127,956)
                     
Income tax expense   -    -    -    - 
                     
Net loss from continuing operations  $(1,076,421)  $(3,501,141)  $(1,105,039)  $(3,958,881)
                     
Net loss from discontinued operations   -    (119,356)   -    (265,313)

 

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

 

   2026   2025   2026   2025 
  

For the Three Months Ended

March 31,

  

For the Six Months Ended

March 31,

 
   2026   2025   2026   2025 
Hong Kong  $931,911   $478,100   $2,388,392   $674,100 
Total revenue  $931,911   $478,100   $2,388,392   $674,100