v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:      
Net (loss) income $ (777,940) $ 789,391 $ (157,825)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation 737 737 733
Amortization of intangible assets 245,365 192,882
Amortization of operating lease ROU assets and interest of lease liabilities 32,714 34,664 40,996
(Reversal of) allowance for expected credit loss (996) (8,516) 346
Deferred tax expense (benefit) 632 (1,563) 11
Change in operating assets and liabilities:      
Receivables from customers 12,793 1,148,846 (486,311)
Prepaid expenses (309,198) (302) 642
Deposits and other assets (321,549) 4,085 (1,930)
Operating lease liabilities (34,285) (29,736) (41,087)
Accounts payable (154,109) 165,607
Accrued expenses and other liabilities 21,139 (1,077,563) 75,401
Income tax payable (11,090) (104,851) 8,875
Net cash (used in) provided by operating activities (1,141,678) 793,965 (394,542)
Cash flows from investing activities:      
Purchases of intangible assets (565,927)
Advances to related party (740,941)
Net cash used in investing activities (565,927) (740,941)
Cash flows from financing activities:      
Proceeds from issuance of ordinary shares pursuant to over-allotment option, net of issuance cost 823,225
Payments of offering costs related to over-allotment option or IPO (2,500) (191,336) (83,041)
Financing obtained from related party 3,505 300,284
Net cash provided by (used in) financing activities 824,230 (191,336) 217,243
Effect of exchange rate changes on cash 444 (313) 559
Net decrease in cash (882,931) (138,625) (176,740)
Cash, beginning of period 1,042,230 327,111 524,383
Cash, end of period 159,299 188,486 347,643
Taxes paid:      
Current tax - Macau 9,610
Current tax - PRC 104,169 187,547
Total income tax paid 104,169 197,157
Listing fee paid 191,336 83,041
Non-cash investing and financing activities:      
Acquisition of intangible assets settled by deposits and other assets 141,482  
Issuance cost charged to additional paid-in capital 79,500
Operating lease ROU assets obtained in exchange for operating lease liabilities 127,980
Settlement of subscription receivables with amounts due to a related party 201,563
Settlement of issuance of ordinary shares with amounts due to a related party $ 63,909