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

5. ACCOUNTS RECEIVABLE, NET

 

As of September 30, 2025 and March 31, 2026, accounts receivable and allowance for credit losses consisted of the following:

 

   As of
September 30,
2025		   As of
March 31,
2026		 
       (Unaudited) 
Accounts receivable  $11,742,416   $7,520,968 
Less: allowance for credit losses   (280,407)   (1,089,575)
Accounts receivable, net  $11,462,009   $6,431,393 

 

Accounts receivable are considered overdue after 180 days, the general credit term the Group offers to customers. As of September 30, 2025 and March 31, 2026, the overdue accounts receivable, net of allowance for credit losses, ageing between 180 days and one year were $377,748 and $1,971,305, respectively.

 

The movement is the allowance for credit losses for the six months ended March 31, 2025 and 2026:

 

   Six months ended
March 31,		 
   2025   2026 
   (Unaudited)   (Unaudited) 
Balance at beginning of period  $107,598   $280,407 
Changes in credit losses   30,926    787,837 
Foreign currency translation adjustment   (3,656)   21,331 
Balance at the end of period  $134,868   $1,089,575 

 

For the six months ended March 31, 2025 and 2026, the Group recorded credit losses of $30,926 and $787,837 from continuing operations and $1,590 and nil from discontinued operation.