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

NOTE 12 — SEGMENT REPORTING

 

The Company operates in a single operating segment and has one reportable segment, which includes all activities related to activities consist of virtual technology service, digital asset development and others and sales of digital asset.   The determination of a single segment is consistent with the consolidated financial information regularly provided to the Company’s chief operating decision maker (“CODM”). The CODM uses consolidated net income for purpose of assessing performance, making operating decisions and allocating resources. The measurement of segment assets is reported on the balance sheet as total consolidated assets.

 

The table below provides information about the Company’s segment

 

    For the Six months Ended
March 31,		  
    2026     2025  
Revenue            
-Virtual technology service   $ 27,102,442     $ 15,036,110  
-Digital asset development and others     7,932,537       11,692,944  
-Sales of digital asset     4,897,350       —  
                 
Cost of revenue     31,423,088       14,926,118  
                 
Operating expenses:                
General and administrative     5,597,888       4,229,947  
Selling & Distribution expense     735,970       78,369  
Research and development expenses     14,444,400       5,808,899  
Impairment loss of intangible assets     38,438,830       —  
Total operating expenses     59,217,088       10,117,215  
                 
Income before income taxes     (50,590,568 )     5,323,820  
Income tax expense     69,168       284,284  
Net (loss) income   $ (50,659,736 )   $ 5,039,536