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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Sep. 30, 2023
Current assets:    
Cash $ 2,261,853 $ 3,180,468
Accounts receivable, net of allowances for credit losses of $771,189 and $955,965 as of March 31, 2024 and September 30, 2023, respectively 6,484,427 6,968,778
Inventories, net 308,895 334,384
Discontinued assets held for sale 0 508,077
Prepaid expenses and other current assets 457,071 378,512
Total current assets 9,512,246 11,370,219
Property and equipment, net 254,971 274,046
Intangible assets, net 786,765 893,143
Goodwill 1,758,682 1,758,682
Operating lease right-of-use assets, net 2,810,059 3,021,315
Other assets 68,737 68,737
Total assets 15,191,460 17,386,142
Current liabilities:    
Note payable to Forward China 750,000 0
Accounts payable 147,518 518,892
Due to Forward China 8,687,898 8,246,015
Deferred income 228,827 297,407
Current portion of operating lease liability 423,042 416,042
Accrued expenses and other current liabilities 560,494 1,357,743
Total current liabilities 10,797,779 10,836,099
Other liabilities:    
Note payable to Forward China 0 1,100,000
Operating lease liability, less current portion 2,623,814 2,833,782
Total other liabilities 2,623,814 3,933,782
Total liabilities 13,421,593 14,769,881
Commitments and contingencies
Shareholders' equity:    
Common stock, par value $0.01 per share; 40,000,000 shares authorized; 10,061,185 shares issued and outstanding at March 31, 2024 and September 30, 2023 100,612 100,612
Additional paid-in capital 20,263,242 20,202,202
Accumulated deficit (18,593,987) (17,686,553)
Total shareholders' equity 1,769,867 2,616,261
Total liabilities and shareholders' equity $ 15,191,460 $ 17,386,142