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Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Sep. 30, 2023
CURRENT ASSETS:    
Cash $ 3,678 $ 19,318
Customer custodial funds 31,781 672,501
Customer digital currency assets 615,361
Digital assets 396 1,973
Due from affiliates 35,045 2,039,274
Other current assets 279,448 32,522
TOTAL CURRENT ASSETS 965,709 2,928,408
NON-CURRENT ASSETS:    
Investment 391,217
Intangible assets, net 19,290 33,000
TOTAL NON-CURRENT ASSETS 19,290 424,217
TOTAL ASSETS 984,999 3,352,625
CURRENT LIABILITIES:    
Accounts payable 448,307 138,666
Customer custodial cash liabilities 827,589 1,443,011
Customer digital currency liabilities 23,605
Convertible notes payable, net 634,009
Note payable, net 54,198
Due to affiliates 579,524 6,808,749
Accrued expenses and other current liabilities 1,985,978 733,039
TOTAL CURRENT LIABILITIES 7,070,071 9,123,465
NON-CURRENT LIABILITIES:    
TOTAL NON-CURRENT LIABILITIES 1,012,641 422,390
TOTAL LIABILITIES 8,082,712 9,545,855
COMMITMENTS AND CONTINGENCIES - (Note 19)
STOCKHOLDERS’ DEFICIT (1):    
Preferred stock ($0.0001 par value; 15,000,000 shares authorized; 0 share issued and outstanding at September 30, 2023 and 2022) [1]
—Common stock ($0.0001 par value; 150,000,000 and 40,000,000 shares authorized; 2,098,999 and 1,259,333 shares issued and outstanding at September 30, 2024 and 2023, respectively) [1] 209 126
Additional paid-in capital [1] 33,334,725 25,543,929
Accumulated deficit [1] (40,287,764) (31,769,244)
Accumulated other comprehensive income [1] (144,883) 31,959
TOTAL STOCKHOLDERS’ DEFICIT [1] (7,097,713) (6,193,230)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 984,999 3,352,625
Related Party    
CURRENT ASSETS:    
Notes receivable - related parties, net 162,820
CURRENT LIABILITIES:    
Loans payable - related parties, current 2,347,809
Interest payable – related parties, current 169,052
NON-CURRENT LIABILITIES:    
Loans payable - related parties, net of current portion 966,056 420,619
Interest payable - related parties, net of current portion $ 46,585 $ 1,771
[1] Retroactively restated for the reverse recapitalization as described in Note 1 and Note 4 and the one-for-eight reverse stock split described in Note 14.