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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2025
Sep. 30, 2024
Current assets:    
Cash $ 1,798,377 $ 2,777,125
Accounts receivable, net of allowances for credit losses of $14,442 and $27,282 as of March 31, 2025 and September 30, 2024, respectively 1,776,833 2,308,425
Contract assets 868,094 1,272,993
Prepaid expenses and other current assets 315,061 382,832
Assets held for sale 2,909,597 2,908,039
Total current assets 7,667,962 9,649,414
Property and equipment, net 164,760 218,025
Intangible assets, net 574,007 680,386
Goodwill 1,333,682 1,558,682
Operating lease right-of-use assets, net 2,529,148 2,593,112
Other assets 68,737 68,737
Total assets 12,338,296 14,768,356
Current liabilities:    
Note payable to Forward China (related party) 600,000 600,000
Accounts payable 137,406 103,581
Deferred income 355,038 399,439
Current portion of operating lease liability 463,268 404,056
Accrued expenses and other current liabilities 418,813 571,662
Liabilities held for sale 4,477,174 7,292,858
Total current liabilities 6,451,699 9,371,596
Other liabilities:    
Operating lease liability, less current portion 2,307,790 2,429,726
Total liabilities 8,759,489 11,801,322
Commitments and contingencies
Shareholders' equity:    
Series A-1 Convertible Preferred Stock, par value $0.01 per share; stated value of $1,000 per share; 6,700 shares authorized, 4,925 and 2,200 shares issued and outstanding at March 31, 2025 and September 30, 2024, respectively (liquidation preference of $4,925,000) 4,925,000 2,200,000
Common stock, 40,000,000 shares authorized; par value $0.01 per share; 1,101,069 shares issued and outstanding at March 31, 2025 and September 30, 2024 11,011 11,011
Additional paid-in capital 20,439,612 20,393,163
Accumulated deficit (21,796,816) (19,637,140)
Total shareholders' equity 3,578,807 2,967,034
Total liabilities and shareholders' equity $ 12,338,296 $ 14,768,356