v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Sep. 30, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 7,146,898 $ 7,505,388
Accounts receivable, net of credit loss allowance of $23,067 and $19,388 1,237,818 1,004,203
Other receivable, net of credit loss allowance of $Nil and $Nil 378,076 362,974
Amount due from a director 33,094 33,094
Deposits and prepayment 109,040 42,646
Taxes recoverable 53,424 84,352
Deferred costs 374,286 374,286
Contract assets, net of credit loss allowance of $5,839 and $8,530 739,613 553,218
Total current assets 10,072,249 9,960,161
NON-CURRENT ASSETS    
Property, plant, equipment, net 96,695 53,549
Right-of-use assets, operating lease 60,914 28,741
Deposits and prepayment 255,641 273,974
Deposits – related party 897,436 897,436
Total non-current assets 1,310,686 1,253,700
TOTAL ASSETS 11,382,935 11,213,861
Current Liabilities    
Accounts payable 583,030 745,032
Accounts payable – related party 199,565
Other payables and accrued liabilities 184,627 391,868
Contract liabilities 9,479
Operating lease liabilities - current 45,298 30,818
Total current liabilities 1,012,520 1,177,197
TOTAL LIABILITIES 1,012,520 1,177,197
Commitments
EQUITY    
Ordinary shares, $0.2 par value, 500,000,000 shares authorized, 1,526,113 and 2,415,472 shares issued and outstanding as of September 30, 2025 and March 31, 2026, respectively* [1] 483,100 305,228
Management shares, $0.2 par value, designated and authorized pursuant to the Management Shares Board Resolution, 100 and 100 shares issued and outstanding as of September 30, 2025 and March 31, 2026, respectively 20 20
Subscription receivable (14,125) (14,125)
Additional paid-in capital 7,533,853 7,349,249
Accumulated other comprehensive income 2,493 331
Retained earnings 2,365,074 2,395,961
Total shareholders’ equity 10,370,415 10,036,664
TOTAL LIABILITIES AND EQUITY $ 11,382,935 $ 11,213,861
[1] Retrospectively applied for effect of reverse stock split on July 21, 2025