v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)      
Revenues $ 35,573,432 $ 50,957,974 $ 57,899,096
Cost of revenues (34,925,865) (51,139,085) (57,110,446)
Gross profit (loss) 647,567 (181,111) 788,650
Operating expenses:      
Allowance for credit losses (8,902,927) (8,976,860) (195,355)
Selling expenses 0 0 (53,008)
General and administrative expenses (2,718,792) (3,195,488) (5,730,147)
Research and development expenses (1,279) (135,146) (988,559)
Total operating expenses (11,622,998) (12,307,494) (6,967,069)
Loss from operations (10,975,431) (12,488,605) (6,178,419)
Other income (expenses):      
Interest expense (168,183) (335,957) (712,490)
Amortization of debt issuance costs (540,528) 0 0
Government subsidy income 0 81,896 925,983
Interest income 2,567 388 489
Gain (loss) on disposal of subsidiaries 815,671 (1,290,201) 0
Share of net loss from equity investee (308,681) 0 0
Other income (expenses) 32,956 (17,215) 116,575
Total other (expenses) income, net (166,198) (1,561,089) 330,557
Loss before income taxes (11,141,629) (14,049,694) (5,847,862)
Income tax (expenses) benefits (378) 8,925 222,122
Net loss (11,142,007) (14,040,769) (5,625,740)
Net loss (11,142,007) (14,040,769) (5,625,740)
Other comprehensive income (loss) :      
Foreign currency translation (loss) gain (3,729,742) 4,826,918 (2,238,556)
Comprehensive loss. $ (14,871,749) $ (9,213,851) $ (7,864,296)
Loss per share.      
Basic $ (21.46) $ (103.27) $ (78.01)
Diluted $ (21.46) $ (103.27) $ (78.01)
Weighted average shares outstanding      
Basic 519,262 135,959 72,118
Diluted 1,950,054 274,481 90,683