v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities:    
Net loss $ (45,356,876) $ (2,990,047)
Adjustments to reconcile net loss to net cash used in operating activities:    
Fair value variation 41,286,525
Gain on disposal of subsidiary (14,505)
Depreciation and amortization 3,561 23,095
Noncash lease expense 36,538 93,351
Loss on acquisition 20,210
Bad debt losses 1,891
Equity Incentive 1,532,576 641,880
Change in operating assets and liabilities:    
Accounts receivable 53,367 (62,032)
Inventories 11,893,318 (7,278,644)
Prepaid expenses and other current assets 3,259,153 (860,895)
Other receivables - related party (82,981)
Digital assets (24,456,951)
Accounts payable 88,430 (691,619)
Other payables-related party 2,005,049
Accrued Interest 49,776
Lease liability - operating lease 27,377 (97,486)
Accrued expenses and other current liabilities (676,610) (31,506)
Net cash used in operating activities (10,350,362) (11,233,693)
Investing activities:    
Proceeds from disposal of equipment 10,736
Cash received from the acquisition of subsidiaries 8,956
Cash decrease from disposal of subsidiary (267)
Net cash used in investing activities (267) 19,692
Financing activities:    
Repayment from loans (1,486,996)
Proceeds from private placement 2,451,628
Proceeds from issuance of Common Stock and exercise from warrants 10,293,075 10,000,000
Net cash provided by financing activities 10,293,075 10,964,632
Effect of foreign exchange on cash (74,336) (178,895)
Net change in cash (131,890) (428,264)
Cash, beginning of period 137,287 464,222
Cash, end of period 5,397 35,958
Supplemental disclosure of cash flow information:    
Cash paid for interest
Cash paid for taxes
Subscription receivable $ 616,474