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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities:    
Net loss $ (1,307,019) $ (1,837,967)
Adjustments to reconcile net loss to net cash (used in) / provided by operating activities:    
Share-based compensation 81,299 55,588
Depreciation and amortization 248,978 234,928
Credit loss expense 3,033 20,434
Change in fair value of earnout consideration 0 (40,000)
Changes in operating assets and liabilities:    
Accounts receivable 479,453 (136,900)
Inventories 91,069 286,300
Discontinued assets held for sale 508,077 1,621,940
Prepaid expenses and other current assets (61,525) (272,350)
Accounts payable (374,342) 416,456
Due to Forward China (related party) 1,055,014 234,369
Deferred income (92,412) (174,152)
Net changes in operating lease liabilities 11,948 24,086
Accrued expenses and other current liabilities (715,264) 129,431
Net cash (used in) / provided by operating activities (71,691) 562,163
Investing Activities:    
Purchases of property and equipment (50,074) (116,522)
Net cash used in investing activities (50,074) (116,522)
Financing Activities:    
Repayment of note payable to Forward China (related party) (500,000) (200,000)
Net cash used in financing activities (500,000) (200,000)
Net decrease in cash (621,765) 245,641
Cash at beginning of period 3,180,468 2,575,522
Cash at end of period 2,558,703 2,821,163
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 50,432 80,214
Cash paid for taxes $ 8,098 $ 7,694