v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Sep. 30, 2025
Current Assets    
Cash and cash equivalents $ 306,941 $ 4,754,522
Restricted cash 338,712 338,712
Accounts receivable, net of credit loss allowance of $nil and $nil 133,415 492,897
Other receivable 1,701,385 2,131,402
Prepaid expenses 1,517,070 590,443
Other prepaid for events 7,200,023 7,500,023
Inventory 43,248 46,381
Income tax receivable 450,000 450,000
Total current assets 11,690,794 16,304,380
Non-current assets    
Property and equipment, net 357,910 433,677
Intangible assets 4,130,211 4,243,423
Right-of-use assets 2,087,637 2,141,754
Goodwill 2,652,772 2,652,772
Total assets 20,919,324 25,776,006
Current liabilities    
Accounts payable and other liabilities 3,014,128 1,952,161
Loan payable 59,956  
Income tax payable 4,074 4,074
Lease liabilities – current 629,693 752,429
Deferred revenue 2,257,873 6,042,639
Total current liabilities 6,105,724 8,891,303
Non-current liabilities    
Loan payable 409,956
Lease liabilities – non current 1,698,150 1,582,108
Deferred income tax liabilities 584,524 472,942
Total liabilities 8,388,398 11,356,309
Shareholders’ equity    
Common shares, US$0.0256 par value, 60,625,000 ordinary shares and 625,000 preferred shares authorized, 1,496,623 and 1,462,271 Ordinary shares issued and outstanding as of March 31, 2026 and September 30, 2025, respectively [1] 38,010 37,137
Additional paid-in capital 27,466,043 26,207,879
Accumulated Deficit (20,217,930) (17,387,799)
Accumulated other comprehensive loss (36,275) (49,545)
Total shareholders’ equity 7,249,848 8,807,672
Non-controlling interests 5,281,078 5,612,025
Total equity 12,530,926 14,419,697
Total liabilities and equity 20,919,324 25,776,006
Related party    
Current liabilities    
Due to related party $ 140,000 $ 140,000
[1] All share and per share information presented herein has been retroactively adjusted to give effect to the reverse stock split effected on February 17, 2026.