| Schedule of Accrued Expenses and Other Liabilities |
Accrued
expenses and other liabilities consisted of the following:
| |
|
As
of
March 31,
2026 |
|
|
As
of
September 30,
2025 |
|
| |
|
(Unaudited) |
|
|
|
|
| Other
taxes payable |
|
$ |
2,061,258 |
|
|
$ |
1,975,064 |
|
| Property
Purchase Payables(1) |
|
|
2,218,382 |
|
|
|
- |
|
| Payroll
payable |
|
|
473,977 |
|
|
|
513,578 |
|
| Payable
equity purchase consideration(2) |
|
|
1,414,530 |
|
|
|
- |
|
| Other
payable |
|
|
383,226 |
|
|
|
443,524 |
|
| Total
accrued expenses and other liabilities |
|
$ |
6,551,373 |
|
|
$ |
2,932,166 |
|
| (1) | In February 2026, Work Hangzhou entered into a property purchase agreement
with a third party, to purchase a building at a price of RMB 40.30 million ($5.84 million). The balance represented unpaid purchase price
as of March 31, 2026, and approximately RMB 12.90 million ($1.88 million) has been paid subsequently. |
| (2) | In February 2026, Work Hangzhou acquired 13.33% shares of Shanghai Saitumofei owned by Huangshan Fund at a consideration of RMB 22.2 million ($3.22 million). The balance represented unpaid purchase price as of March 31, 2026, which has been fully paid as of the date of this unaudited condensed consolidated financial statements. |
|