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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities:    
Net loss $ (1,950,587) $ (3,736,657)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation 101,360 86,491
Depreciation and amortization 332,660 315,940
Credit loss expense 19,505 78,786
Change in fair value of earn-out consideration 0 (70,000)
Goodwill impairment 200,000 0
Changes in operating assets and liabilities:    
Accounts receivable 1,340,241 495,102
Accounts receivable (related party) (96,487) 0
Inventories (155,612) 316,469
Discontinued assets held for sale 508,077 2,642,100
Prepaid expenses and other current assets (47,728) 39,093
Other assets (3,951) 0
Accounts payable (389,832) 250,732
Due to Forward China (related party) 1,179,997 532,135
Deferred income 102,032 (141,471)
Net changes in operating lease liabilities 12,161 28,471
Accrued expenses and other current liabilities (744,714) 203,837
Net cash provided by operating activities 407,122 1,041,028
Investing Activities:    
Purchases of property and equipment (65,154) (136,082)
Net cash used in investing activities (65,154) (136,082)
Financing Activities:    
Repayment of note payable to Forward China (related party) (500,000) (300,000)
Net cash used in financing activities (500,000) (300,000)
Net (decrease) / increase in cash (158,032) 604,946
Cash at beginning of year 3,180,468 2,575,522
Cash at end of year 3,022,436 3,180,468
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 62,662 104,201
Cash paid for taxes 7,069 10,271
Supplemental Disclosures of Non-Cash Information:    
Conversion of accounts payable to convertible preferred stock $ 2,200,000 $ 0