| Schedule of Prepayments and Other Current Assets, Net |
Prepayments and other current assets, net consist
of the following:
| | |
As of
March 31,
2026 | | |
As of
September 30,
2025 | |
| Tax refunds(1) | |
$ | 86,042 | | |
$ | 109,401 | |
| Deposits | |
| 30,657 | | |
| 32,068 | |
| Advance to suppliers(2) | |
| 1,295,177 | | |
| 1,110,819 | |
| Prepaid expenses(3) | |
| 4,429,741 | | |
| 2,254,030 | |
| Convertible Note, Current—Subscription Receivable(4) | |
| — | | |
| 412,000 | |
| Others | |
| 3,582 | | |
| 10,603 | |
| Prepayments and other current assets, net | |
$ | 5,845,199 | | |
| 3,928,921 | |
| (1) | Tax
refunds consist of consumption tax and VAT refund for export business. The Group is eligible for consumption tax and VAT refund for cross-border
products sales in Japan and China. |
| (2) | Due
to the company’s plan to launch a TikTok business in Japan, it signed a procurement agreement with a Hong Kong trading company
and made an advance payment of $1 million for the purchase of 3C electronic products such as headphones. |
| (3) | To
expand its e-commerce business in overseas markets, the Company entered into one-year cooperation agreements with serval advertising
and marketing firms. These firms are responsible for the product traffic acquisition of the Company on overseas platforms such as Facebook
and TikTok. The total advertising input amounted to $6,208,564, which is amortized into sales expenses on a quarterly basis in accordance
with the settlement documents. |
| (4) | The
Company issued convertible notes in July 2025, of which $450,000 remained uncollected. The amount after deducting related fees was $412,000,
which was received in December 2025. |
|