v3.26.1
OTHER ASSETS
9 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS

NOTE 13 – OTHER ASSETS

 

On various dates between November 2020, and November 2024, the Company invested $1,300,000, via a simple agreement for future equity (“SAFE”) in MasterpieceVR. The SAFE provides that the Company will automatically receive shares of the entity based on the conversion rate of future equity rounds up to a valuation cap, as defined. MasterpieceVR is a software company that is developing software for content creation using virtual reality. The investment is included in other assets in the accompanying unaudited condensed consolidated balance sheet and the Company accounts for this investment and records it at cost. No impairment has been recorded for the nine months ended June 30, 2026, and 2025.

 

Other assets consisted of the following:

 

  

June 30,

2026

  

September 30,

2025

 
Rental deposits  $259,448   $262,201 
Investment in Masterpiece VR   1,300,000    1,300,000 
Other deposits   51,815    63,930 
Demonstration equipment supplied to resellers   -    441,624 
Other assets total  $1,611,263   $2,067,755