v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (3,692,268) $ (4,853,385)
Less: Net income from discontinued operations 1,035,355
Net loss from continuing operations (3,692,268) (5,888,740)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 101,081 20,424
Written off of credit losses 94,632 6,101
Gain on disposition of property and equipment (466)
Share based compensations 1,885,000
Investment loss 8,355
Deferred tax (benefits)/expenses (10,977)
Amortization of operating lease right-of-use assets 37,971 51,315
Change in fair value of convertible notes 2,747,451
Change in fair value of warrants liabilities 1,608,314
Changes in operating assets and liabilities:    
Accounts receivable 1,538,899 (96,846)
Accounts receivable-related parties (3,649)
Inventories 38,282 16,677
Prepayments and other assets 5,393,882 (8,326,723)
Contract assets (63,017)
Accounts payable (2,363,062) 1,326,354
Accrued expenses and other liabilities 590,393 (142,953)
Deferred revenue (3,583,694) 1,552,381
Refund liabilities (52,560) (38,742)
Operating lease liabilities (35,889) (286,786)
Taxes payable 40,217 (92,671)
Net cash used in operating activities-continuing operation (85,225) (7,536,089)
Net cash used in operating activities-discontinued operation (982,001)
Net cash used in operating activities (85,225) (8,518,090)
Cash flows from investing activities:    
Proceeds from disposition of long-term investments 21,553
Cash paid for long-term investments (33,191)
Proceeds from disposition of property and equipment 1,427
Purchase of property and equipment (6,874) (6,418)
Net cash provided by (used in) investing activities-continuing operation 16,106 (39,609)
Net cash used in investing activities-discontinued operation
Net cash provided by (used in) investing activities 16,106 (39,609)
Cash flows from financing activities:    
Proceeds from convertible notes 5,000,000
Net proceeds from third party loans 15,677
Repayment of long-term bank loans (71,366) (69,149)
(Repayment to) proceeds from related parties (341,798) 1,053,573
Net cash (used in) provided by financing activities-continuing operation (397,487) 5,984,424
Net cash provided by financing activities-discontinued operation 1,876,288
Net cash (used in) provided by financing activities (397,487) 7,860,712
Effect of exchange-rates changes on cash and cash equivalents 146,302 150,743
Net decrease in cash and cash equivalents (320,304) (546,244)
Cash and cash equivalents, beginning of period 775,334 839,622
Cash and cash equivalents, end of period 455,030 293,378
Supplemental cash flow disclosures:    
Cash paid for income tax 1,012 1,964
Cash paid for interest 151,121 167,676
Non-cash operating, investing and financing activities    
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 13,111 15,504
Other payable offset by proceeds from disposition of property and equipment 428
Reconciliation to amounts on unaudited condensed consolidated balance sheets:    
Cash and cash equivalents 455,030 137,076
Cash and cash equivalents included in current assets of discontinued operations 156,302
Total cash and cash equivalents shown in the statement of cash flows $ 455,030 $ 293,378