v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,559,187) $ (10,635,248)
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,601,182 2,308,313
Loss (Gain) on write off/disposal of property, plant and equipment 2,528 (2,571)
Gain resulted from early termination of right of use assets (140,000)
Interest income (1,500,000)
Impairment Loss 2,931,273
Share-based payments 4,687,500 9,350,000
Changes in operating assets and liabilities    
Lease receivable (460,772) (109,127)
Other receivables (122,487)
Advances to suppliers and other current assets 84,787 17,018,980
Right of use assets and lease liabilities 280,085 (630,293)
Advances from customers (1,284,359)
Accrued expenses and other payables (213,635) (477,007)
Net cash operating activities 713,761 15,416,201
CASH FLOWS FROM INVESTING ACTIVITIES    
Advance proceeds from pending divestiture 32,000,000
Proceeds from disposal of equipment 201,740
Net cash provided by investing activities 32,000,000 201,740
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances to related parties, net (578,182) (83,878)
Proceeds from the issuance of common stock, net of issuance costs 37,500,000 32,684,400
Net cash provided by financing activities 36,921,818 32,600,522
Effect of change in exchange rate 275,072 (279,538)
Less: Net change in cash balances classified as assets held for sales (28,329)
NET INCREASE IN CASH AND CASH EQUIVALENTS 69,882,322 47,938,925
Cash and cash equivalents, beginning of period 86,002,274 47,938,925
Cash and cash equivalents, end of period 155,884,596 67,769,053
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING ACTIVITIES    
Property and equipment acquired through payable 24,553,909
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest expense 191 8,338
Cash paid for income tax $ 730,269 $ 558,403