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GEOGRAPHIC CONCENTRATION
9 Months Ended
Jun. 30, 2023
Risks and Uncertainties [Abstract]  
GEOGRAPHIC CONCENTRATION

2. GEOGRAPHIC CONCENTRATION

 

The Company is organized based on fundamentally one business segment although it does sell its products on a world-wide basis. The Company is organized in three geographical segments. The Company co-packs product for customers and produces and sells its products directly in North America and Korea. The Company previously had a minimally staffed office in Japan that provided support for import and export of product and materials between the U.S. and Japan, as well as investor relations support to its stockholders based in Japan; these functions are now supported by the Company’s personnel residing in the United States. Information about the Company’s geographic operations for the nine months ended June 30, 2023, and 2022 are as follows:

 

Geographic Concentration

 

   Nine Months
Ended
   Nine Months
Ended
 
   June 30, 2023   June 30, 2022 
Net Revenue:          
North America  $1,295,338   $2,031,781 
South Korea   1,270,783    476,564 
Net Revenue  $2,566,121   $2,508,345 

 

Property and equipment, net:  As of
June 30, 2023
   As of
September 30, 2022
 
North America  $215,756   $378,546 
South Korea   143,449    144,865 
Japan   805    1,664 
Property and equipment, net  $360,010   $525,075