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Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Sep. 30, 2023
Current Assets    
Cash and cash equivalents $ 1,150,042 $ 4,966,839
Restricted cash 338,712 338,712
Accounts receivable, net 85,279 36,503
Other receivable 473,271 107,179
Prepaid expenses 1,305,935 2,326,185
Inventory 48,470 41,185
Income tax receivable 889,766 894,743
Total current assets 4,291,475 8,711,346
Non-current assets    
Property and equipment, net 1,597,823 2,041,242
Long-term prepaids 7,500,023
Intangible assets 4,464,226 4,686,228
Right-of-use assets 2,785,008 1,117,554
Goodwill 2,652,772 2,652,766
Total assets 23,291,327 19,209,136
Current liabilities    
Accounts payable and other liabilities 3,233,471 2,121,051
Loan payable 409,956
Income tax payable 4,294 1,872
Lease liabilities – current 641,254 559,375
Deferred revenue 5,332,194 4,057,517
Total current liabilities 9,761,169 6,879,815
Non-current liabilities    
Lease liabilities – non current 2,181,769 571,131
Deferred income tax liabilities 470,468 824,480
Total liabilities 12,413,406 8,275,426
Commitments and contingencies
Shareholders’ equity    
Common shares, US$0.0015873 par value, 31,500,000 shares authorized, 13,113,173 and 11,998,173 shares issued and outstanding as of September 30, 2024 and 2023, respectively 20,814 19,045
Additional paid-in capital 20,142,071 18,129,000
Deficit (14,958,678) (8,968,555)
Accumulated other comprehensive loss (35,803) (36,284)
Total shareholders’ equity 5,168,404 9,143,206
Non-controlling interests 5,709,517 1,790,504
Total liabilities and shareholders’ equity 23,291,327 19,209,136
Related Party    
Current liabilities    
Due to related party $ 140,000 $ 140,000