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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 898,795 $ 450,808
Non-cash adjustments:    
Depreciation of property, plant and equipment 5,666 1,603
Amortization of right-of-use assets 19,842 24,872
Allowance (Reversal) for expected credit loss (24,012) 21,974
Increase (Decrease) In:    
Accounts receivable 724,706 281,612
Prepayments and other current assets (20,233) (64,424)
Contract assets 94,029 (94,320)
Accounts payable (2,080,638) 412,926
Accounts payable – related party 261,770 133,604
Other payables and accrued liabilities (102,382) 34,538
Tax payables (14,454) (23,157)
Lease liabilities (19,670) (22,415)
Net cash provided by (used in) operating activities (256,581) 1,157,621
Cash flows used in investing activities:    
Payment for purchases of property, plant and equipment (473,409) (2,824)
Net cash used in investing activities (473,409) (2,824)
Cash flows used in financing activities:    
Upfront payment for services to bring in external financings (897,436)
Proceeds from issuance of common stock, net of issuance costs 5,379,500
Payment of offering costs (1,756,440) (110,000)
Net cash used in financing activities 2,725,624 (110,000)
Net (decrease) increase in cash and cash equivalents 1,995,634 1,044,797
Cash and cash equivalents at beginning of year 554,132 557,735
Cash and cash equivalents at end of year 2,549,766 1,602,532
Supplemental Disclosure of Cash Flow Information    
Interest received 29,323 745
Income tax paid (154,582) (89,355)
Non-cash financing activity    
Deferred costs within other payables and accrued liabilities $ 300,000