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Intangible Assets, Net | 12 Months Ended
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Sep. 30, 2023
Intangible Assets, Net [Abstract] |
INTANGIBLE ASSETS, NET | NOTE 6 — INTANGIBLE ASSETS, NET Intangible assets, net consisted of the following:
|  | As of September 30, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |
|  | US$ |  |  | US$ |
Intangible assets |  |  |  |  |  |
Licensed digital assets |  | $ | 6,918,572 |  |  | $ | (412,780 | )
Total |  | $ | 6,918,572 |  |  | $ | (412,780 | )
Aggregate Amortization expenses: |  |  |
For year ended 9/30/2023 |  | $ | 412,780 |
Estimated Amortization Expenses: |  |  |
For year ended 9/30/2024 |  | $ | 1,512,046 |
For year ended 9/30/2025 |  | $ | 1,507,914 |
For year ended 9/30/2026 |  | $ | 1,287,201 |
For year ended 9/30/2027 |  | $ | 1,197,414 |
For year ended 9/30/2028 |  | $ | 1,001,217 |
The movement of intangible assets is as follows:
|  | As of September 30, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |
|  | US$ |  |  | US$ |
Balance at beginning of the year |  | $ | — |  |  | $ | — |
Additions(a) |  |  | 6,918,572 |  |  |  | 426,983 |
Disposal |  |  | — |  |  |  | — |
Foreign exchange translation |  |  | — |  |  |  | (14,203 | )
Balance at end of the year |  | $ | 6,918,572 |  |  | $ | 412,780 |
(a) | Additions are all acquired from third-party suppliers in the current year.
Amortization expense was $426,983 and $nil for the years ended September 30, 2023 and 2022, respectively. Costs incurred to renew or extend the term of recognized intangible assets are capitalized and amortized over the useful life of the asset. For the years ended September 30, 2023 and 2022, no such cost incurred.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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