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Advance to Vendors | 12 Months Ended
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Sep. 30, 2023
Advance to Vendors [Abstract] |
ADVANCE TO VENDORS | NOTE 4 — ADVANCE TO VENDORS Advance to vendors consisted of the following:
|  | As of September 30, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Prepayments for virtual technology services |  | $ | 277,952 |  |  | $ | 567,736 |
Prepayments for digital marketing |  |  | — |  |  |  | 400,042 |
Prepayments for digital assets development |  |  | 3,723,351 |  |  |  | 2,375,516 |
Subtotal |  |  | 4,001,303 |  |  |  | 3,343,294 |
Less: allowance for doubtful accounts |  |  | (386,542 | ) |  |  | — |
|  |  | 3,614,761 |  |  |  | 3,343,294 |
Less: advance to vendors - noncurrent |  |  | 1,020,874 |  |  |  | 1,800,000 |
Advance to vendors – current |  | $ | 2,593,887 |  |  | $ | 1,543,294 |
Advance to vendors primarily consisted of prepayments for virtual technology services, digital marketing and digital assets development outsourced to third party vendors. As of September 30, 2023 and 2022, allowance recorded of $386,542 and $nil, respectively. As of September 30, 2023, $1,020,874 advances made to one vendor for digital assets to be acquired was expected to be utilized after 1 year from September 30, 2023 and before February 8, 2025. The balance is recorded advance to vendor — noncurrent in the balance sheets.

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