v3.26.1
LEASE
6 Months Ended
Mar. 31, 2026
Lease  
LEASE

Note 14 - LEASE

 

The Company has operating leases for office and employee accommodation.

  

Assets/Liabilities 

March 31,

2026

  

September 30,

2025

 
   (Unaudited)     
Assets          
Operating lease right-of-use assets  $149,120   $78,862 
           
Liabilities          
Operating lease liability - current  $103,299   $46,190 
Operating lease liability - non-current   44,421    35,306 
Total  $147,720   $81,496 

 

The operating lease expenses were as follows:

  

Lease Expense  Classification      
      Six months ended March 31, 
Lease Expense  Classification  2026   2025 
      (Unaudited)   (Unaudited) 
Operating lease expense  Cost of Revenue  $31,308   $8,500 
Operating lease expense  General and administrative expense   12,548    2,713 
Operating lease expense  Research and development expense   10,678    11,104 
Operating lease expense  Selling expense   2,967    1,568 
Total     $57,501   $23,885 

 

Maturities of operating lease liabilities as of March 31, 2026 were as follows:

  

Maturity of Lease Liabilities  Operating Leases 
Within one year  $108,729 
One to two years   45,017 
Total lease payments   153,746 
Less: interest   (6,026)
Present value of lease payments  $147,720 

 

 

Other information related to our operating leases was as follows:

  

Lease Term and Discount Rate 

March 31,

2026

  

September 30,

2025

 
   (Unaudited)      
Weighted-average remaining lease term (years)          
Operating leases   1.43    1.83 
           
Weighted-average discount rate (%)          
Operating leases   5.56%   3.85%

 

For the six months ended March 31, 2026, cash payments for operating leases were $57,070 and short-term lease expense was $54,320. For the six months ended March 31, 2025, cash payments for operating leases were $19,543 and short-term lease expense was $11,367.