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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating Activities:    
Net income (loss) $ 1,199,036 $ (81,657)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 41,457 33,179
Depreciation and amortization 93,937 69,132
Bad debt expense (recovery) 77,400 (65,454)
Gain on forgiveness of note payable (1,356,570) 0
Change in fair value of earn-out consideration (30,000) 0
Changes in operating assets and liabilities:    
Accounts receivable (204,224) (560,096)
Inventories 18,297 508,360
Prepaid expenses and other current assets 80,180 (48,043)
Other assets 44,446 37,522
Accounts payable and due to Forward China (154,771) (546,061)
Deferred income (315,309) (160,948)
Operating lease liabilities 15,673 9,681
Accrued expenses and other current liabilities (20,755) 20,357
Net cash used in operating activities (511,203) (784,028)
Investing Activities:    
Purchases of property and equipment (30,482) (6,428)
Net cash used in investing activities (30,482) (6,428)
Financing Activities:    
Repayment of notes payable (41,904) (24,777)
Proceeds from stock options exercised 1,675 0
Repayments of finance leases (10,389) (8,771)
Payment of deferred cash consideration 0 (200,000)
Net cash provided by financing activities (50,618) (233,548)
Net decrease in cash (592,303) (1,024,004)
Cash at beginning of period 2,924,627 3,092,813
Cash at end of period 2,332,324 2,068,809
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 46,281 50,949
Cash paid for taxes 50 303
Supplemental Disclosure of Non-Cash Information:    
Lease assets recorded upon adoption of ASC 842 0 3,648,582
Lease liabilities recorded upon adoption of ASC 842 $ 0 $ 3,729,341