ACCOUNTS RECEIVABLE, NET

6 Months Ended

Mar. 31, 2025

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

NOTE 3 — ACCOUNTS RECEIVABLE, NET

Accounts receivable as of March 31, 2025 and September 30, 2024 are as follows:

	March 31,		September 30,
	2025		2024
			audited
Accounts receivable	$	5,686,131	$	6,078,115
Less: allowance for credit losses		(1,031,775)		(780,109)
Account receivable, net	$	4,654,356	$	5,298,006

Allowance for credit losses movement for the six months ended March 31, 2025 and 2024 is as follows:

	2025		2024
Beginning balance	$	780,109	$	634,166
Adoption ASU 2016-13		—		64,930
Reversal		—		(16,087)
Additions		273,849		—
Foreign currency translation adjustments		(22,183)		7,362
Ending balance	$	1,031,775	$	690,371