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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities:    
Net loss $ (1,837,967) $ (595,224)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation 55,588 148,436
Depreciation and amortization 234,928 233,506
Bad debt expense 20,434 59,918
Change in fair value of earnout consideration (40,000) 0
Changes in operating assets and liabilities:    
Accounts receivable (136,900) (37,467)
Inventories 1,908,240 (2,809,177)
Prepaid expenses and other current assets (272,350) 77,840
Accounts payable and due to Forward China 650,825 3,063,929
Deferred income (174,152) 435,700
Net changes in operating lease liabilities 24,086 33,891
Accrued expenses and other current liabilities 129,431 546,260
Net cash provided by operating activities 562,163 1,157,612
Investing Activities:    
Purchases of property and equipment (116,522) (140,342)
Net cash used in investing activities (116,522) (140,342)
Financing Activities:    
Repayment of note payable to Forward China (200,000) (150,000)
Net cash used in financing activities (200,000) (150,000)
Net increase in cash 245,641 867,270
Cash at beginning of period 2,575,522 1,410,365
Cash at end of period 2,821,163 2,277,635
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 80,214 94,115
Cash paid for taxes 7,694 8,095
Supplemental Disclosures of Non-Cash Information:    
Operating lease assets obtained in exchange for operating lease liabilities $ 0 $ 204,881