v3.26.1
Accounts Receivable, Net
6 Months Ended
Mar. 31, 2026
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 4 — ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consist of the following:

 

   March 31,
2026
   September 30,
2025
 
Accounts receivable  $5,654,239   $5,960,583 
Less: allowance for credit losses   (175,803)   (153,197)
Accounts receivable, net  $5,478,436   $5,807,386 

 

The Company’s accounts receivable primarily includes balances due from customers when the Company’s wheelchair and living aids products have been sold and delivered to customers, the Company’s contracted performance obligations have been satisfied, amount billed and the Company has an unconditional right to payment, which has not been collected as of the balance sheet dates.

 

For accounts receivable, approximately 36.3%, or $2.0 million of the March 31, 2026 balance have been subsequently collected as of the date of this report.

Allowance for credit losses movement is as follows:

 

   March 31,
2026
   September 30,
2025
 
Beginning balance  $153,197   $81,734 
Additions   17,547    71,791 
Foreign currency translation adjustments   5,059    (328)
Ending balance  $175,803   $153,197