Condensed financial information of the parent company (Tables)
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12 Months Ended |
Sep. 30, 2025 |
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| Condensed financial information of the parent company |
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| Schedule of parent company's balance sheet |
| | As of | | | As of | | | | September 30, | | | September 30, | | | | 2025 | | | 2024 | | Assets | | | | | | | Current assets | | | | | | | Cash | | $ | 463 | | | $ | 463 | | Acquisition reversal receivable | | | 33,151,699 | | | | - | | Prepaid expenses and other current assets | | | 119,096 | | | | 128,998 | | Non-current assets | | | | | | | | | Long-term investments | | | 40,913,370 | | | | - | | Investment in subsidiaries | | | 32,628,501 | | | | 97,308,651 | | Total assets | | $ | 106,813,129 | | | $ | 97,438,112 | | | | | | | | | | | Liabilities and Shareholders’ Equity | | | | | | | | | | | | | | | | | | Current liabilities | | | | | | | | | Convertible notes | | | 3,432,353 | | | | - | | Due to related parties | | | 300,177 | | | | 300,177 | | Remaining acquisition consideration payable | | | 715,348 | | | | - | | Accrued expenses and other current liabilities | | | 392,945 | | | | 225,518 | | Total liabilities | | $ | 4,840,823 | | | $ | 525,695 | | | | | | | | | | | Commitments and contingencies | | | | | | | | | | | | | | | | | | Shareholders’ equity | | | | | | | | | Class A ordinary share, no par value, unlimited number of shares authorized; 4,988,337 and 272,490 shares issued and outstanding as of September 30, 2025 and 2024, respectively | | | 122,966,148 | | | | 104,486,710 | | Class B ordinary share, no par value, unlimited number of shares authorized; 635,419 and 4,028 shares issued and outstanding as of September 30, 2025 and 2024, respectively | | | 5,683,255 | | | | 4,231,055 | | Additional paid-in capital | | | 8,865,199 | | | | 8,865,199 | | Statutory reserves | | | 11,404 | | | | 14,990 | | (Accumulated deficits) | | | (27,879,848 | ) | | | (16,741,427 | ) | Accumulated other comprehensive loss | | | (7,673,852 | ) | | | (3,944,110 | ) | Total shareholders’ equity | | | 101,972,306 | | | | 96,912,417 | | | | | | | | | | | Total liabilities and shareholders’ equity | | $ | 106,813,129 | | | $ | 97,438,112 | |
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| Schedule of parent company's statements of income and comprehensive income |
| | For the Years Ended September 30, | | | | 2025 | | | 2024 | | | 2023 | | | | | | | | | | | | General and administrative expenses | | $ | (1,306,824 | ) | | $ | (8,006,889 | ) | | $ | (3,202,589 | ) | Gain on disposal of subsidiaries | | | 7,957,124 | | | | - | | | | - | | Equity in loss of subsidiaries | | | (17,792,307 | ) | | | (6,033,880 | ) | | | (2,423,151 | ) | Net loss | | $ | (11,142,007 | ) | | $ | (14,040,769 | ) | | $ | (5,625,740 | ) | | | | | | | | | | | | | | Net loss | | | (11,142,007 | ) | | | (14,040,769 | ) | | | (5,625,740 | ) | 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 | ) |
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| Schedule of parent company's statements of cash flows |
| | For the Years Ended September 30, | | | | 2025 | | | 2024 | | | 2023 | | CASH FLOWS FROM OPERATING ACTIVITIES: | | | | | | | | | | Net loss | | $ | (11,142,007 | ) | | $ | (14,040,769 | ) | | $ | (5,625,740 | ) | Adjustments to reconcile net income to net cash used in operating activities: | | | | | | | | | | | | | Allowance for prepaid expenses and other current assets | | | 83,626 | | | | 32,249 | | | | - | | Gain on disposal of subsidiaries | | | (7,957,124 | ) | | | - | | | | - | | Amortization of debts issuance costs | | | 540,528 | | | | - | | | | - | | Issuance of ordinary shares for commitment fee | | | 201,278 | | | | - | | | | - | | Interest expenses | | | 168,183 | | | | 233,873 | | | | - | | Amortization of debts issuance costs | | | - | | | | - | | | | 277,500 | | Issuance of ordinary shares for services | | | - | | | | - | | | | 1,100,000 | | Equity in earnings of subsidiaries | | | 17,792,307 | | | | 6,033,880 | | | | 2,423,151 | | Prepaid expenses and other current assets | | | (187,149 | ) | | | - | | | | - | | Accrued expenses and other current liabilities | | | 54,132 | | | | 104,799 | | | | 278,521 | | Net cash used in operating activities | | | (446,226 | ) | | | (7,635,968 | ) | | | (1,546,568 | ) | | | | | | | | | | | | | | CASH FLOWS FROM INVESTING ACTIVITIES: | | | | | | | | | | | | | Other receivables | | | - | | | | 608,628 | | | | (769,875 | ) | Purchase of investments | | | (5,650,000 | ) | | | (430 | ) | | | - | | Investment in subsidiaries | | | (6,351,974 | ) | | | 6,850,354 | | | | (9,676,000 | ) | Net cash (used in) provided by investing activities | | | (12,001,974 | ) | | | 7,458,552 | | | | (10,445,875 | ) | | | | | | | | | | | | | | CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | | | | | | | | | Proceeds from issuance of ordinary shares | | | 6,000,000 | | | | - | | | | - | | Proceeds from convertible notes | | | 5,925,000 | | | | - | | | | 3,000,000 | | Proceeds from issuance of ordinary shares for warrants exercised | | | 523,200 | | | | 145,290 | | | | 8,945,433 | | Proceeds from related party loans | | | - | | | | - | | | | 63,500 | | Net cash provided by financing activities | | | 12,448,200 | | | | 145,290 | | | | 12,008,933 | | | | | | | | | | | | | | | CHANGES IN CASH | | | - | | | | (32,126 | ) | | | 16,490 | | | | | | | | | | | | | | | CASH, beginning of year | | | 463 | | | | 32,589 | | | | 16,099 | | | | | | | | | | | | | | | CASH, end of year | | $ | 463 | | | $ | 463 | | | $ | 32,589 | | | | | | | | | | | | | | | Supplemental non-cash activities: | | | | | | | | | | | | | Issuance of shares for acquisition | | $ | 10,000,000 | | | | - | | | $ | 18,373,771 | | Issuance of ordinary shares for convertible notes redemption | | $ | 3,207,160 | | | $ | 2,419,174 | | | $ | 1,250,000 | | Issuance of ordinary shares for commitment fee | | $ | 201,278 | | | | - | | | | - | | Issuance of ordinary shares for services | | | - | | | | - | | | $ | 1,100,000 | |
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