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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 1,704,390 $ 1,766,347
Adjustments to reconcile net income to net cash    
Amortization of operating lease right-of-use assets 48,105
Depreciation and amortization 120,046 114,465
Gain on disposition of property and equipment 2,590 523
Provision for (net recovery of) credit losses (87,627) 171,522
Deferred tax provision 23,711 68,561
Short-term investments income (11,655)
Changes in operating assets and liabilities:    
Accounts receivable (454,837) (75,355)
Accounts receivable - related parties (569,807) (28,932)
Inventories 566,734 447,024
Prepaid expenses and other current assets (1,308,346) 47,501
Accounts payable (278,216) 348,579
Accrued liabilities and other payables 206,416 (29,199)
Deferred revenue (171,223) (293,968)
Deferred revenue - related parties 11,241 122,795
Taxes payable 291,899 83,630
Operating lease liabilities (43,424)
Net cash provided by operating activities 49,997 2,743,493
Cash flows from investing activities:    
Additions to property, plant and equipment (83,680) (11,014)
Additions to land use right (980,692)
Proceeds from disposal of property and equipment 348 100
Payments for short-term investments (16,136,000) (3,152,600)
Redemption of short-term investments 8,810,675 850,154
Repayment of (payments of) advances made to related parties 4,240,111 (4,760,469)
Net cash used in investing activities (4,149,238) (7,073,829)
Cash flows from financing activities:    
Gross proceeds from initial public offerings 8,000,000
Direct costs disbursed from initial public offerings proceeds (1,212,779)
Proceeds from sale of Ordinary Shares, net of issuance costs 311,995
Proceeds from short-term bank loans 5,554,080 1,433,000
Proceeds from (repayment of) amount due to related parties 138,223 (120,333)
Net cash provided by financing activities 6,004,298 8,099,888
Effect of exchange rate changes on cash 40,337 122,004
Net increase in cash 1,945,394 3,891,556
Cash, beginning of period 6,929,508 4,792,632
Cash, end of period 8,874,902 8,684,188
Supplemental disclosure information:    
Cash paid for income tax 2,234 28,415
Cash paid for interest 93,256
Non-cash operating, investing and financing activities    
Deferred IPO cost offset with additional paid-in capital 812,900
Right of use assets obtained in exchange for operating lease liabilities $ 312,767