v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Sep. 30, 2025
CURRENT ASSETS:    
Cash $ 4,699,793 $ 2,913,019
Restricted cash 134,822 198,413
Accounts receivable, net 1,010,993 2,703,806
Inventories 11,227 214,989
Contract assets, net 1,860,487 1,698,439
Advance to suppliers 1,474,357 1,033,044
Loans and interests receivable from third parties 456,404 640,257
Prepayment and other receivables, net 190,871 222,344
Deferred offering costs 52,960
TOTAL CURRENT ASSETS 9,838,954 9,677,271
Property and equipment, net 711,640 718,495
Right-of-use assets – operating leases 231,176 287,540
Restricted cash – non-current 300,000 300,000
Contract assets, net – non-current 1,213,016 1,944,014
Prepayments for acquisition 1,615,031 688,299
Software, net 72,373 83,154
TOTAL NON-CURRENT ASSETS 4,143,236 4,021,502
TOTAL ASSETS 13,982,190 13,698,773
CURRENT LIABILITIES:    
Short-term bank loans 2,458,684 2,254,530
Current portion of long-term loans 290,975 802,681
Operating lease liabilities – current 230,251 180,792
Contract liabilities 98,667 163
Accounts payable 1,254,196 2,069,321
Other payables and accrued liabilities 1,609,248 1,473,367
Due to shareholders 11,172 70,846
Taxes payable 1,582,238 1,863,597
TOTAL CURRENT LIABILITIES 7,535,431 8,715,297
NON-CURRENT LIABILITIES    
Long-term loans 439,396 60,201
Operating lease liabilities – non-current 115,193 163,120
TOTAL NON-CURRENT LIABILITIES 554,589 223,321
TOTAL LIABILITIES 8,090,020 8,938,618
SHAREHOLDERS’ EQUITY:    
Ordinary shares, $0.00001 par value, 4,900,000,000 shares authorized, 1,024,834 and 690,000 shares issued and outstanding as of March 31, 2026 and September 30, 2025, respectively* 10 7
Preference shares, $0.00001 par value, 100,000,000 shares authorized, no shares issued and outstanding as of March 31, 2026 and September 30, 2025, respectively*
Additional paid in capital 10,192,926 6,566,686
Statutory reserves 186,225 186,225
Accumulated deficits (4,251,259) (1,768,370)
Accumulated other comprehensive loss (235,732) (224,393)
TOTAL SHAREHOLDERS’ EQUITY 5,892,170 4,760,155
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 13,982,190 $ 13,698,773