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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
REVENUES    
Total revenues $ 5,913,461 $ 21,297,642
COSTS OF REVENUES    
Total costs of revenues 4,914,945 21,640,783
GROSS PROFIT (LOSS)    
Total gross profit (loss) 998,516 (343,141)
OPERATING EXPENSES:    
Advertising 44,488 55,889
Professional fees 6,734,162 2,423,773
Compensation and related benefits 958,648 822,625
Amortization of intangible assets 13,813 273,711
Bad debt expense – related parties 6,141,000 1,179,772
Other general and administrative 893,198 449,988
Impairment loss 391,217 11,914,322
Total operating expenses 15,176,526 17,120,080
LOSS FROM OPERATIONS (14,178,010) (17,463,221)
OTHER (EXPENSE) INCOME:    
Interest expense (343,333)
Interest expense - related parties (206,733) (1,776)
Loss on extinguishment of vendor obligations (288,835)
Gain on extinguishment of vendor obligations 211,200
Gain on termination of GSS GSA – related party 6,082,962
Gain on extinguishment of due to affiliates 192,069
Other income 12,160 36,569
Total other (expense) income, net 5,659,490 34,793
NET LOSS [1] (8,518,520) (17,428,428)
COMPREHENSIVE LOSS:    
NET LOSS [1] (8,518,520) (17,428,428)
OTHER COMPREHENSIVE (LOSS) INCOME    
Unrealized foreign currency translation loss (176,842) (26,260)
COMPREHENSIVE LOSS $ (8,695,362) $ (17,454,688)
NET LOSS PER COMMON SHARE (1):    
Basic (in Dollars per share) [2] $ (4.93) $ (13.84)
Diluted (in Dollars per share) (in Dollars per share) [2] $ (4.93) $ (13.84)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (in Shares) 1,728,144 1,259,333
Diluted (in Dollars per share) (in Shares) 1,728,144 1,259,333
General Support Services    
REVENUES    
Total revenues $ 4,800,000 $ 19,200,000
COSTS OF REVENUES    
Total costs of revenues 4,650,000 18,775,000
GROSS PROFIT (LOSS)    
Total gross profit (loss) 150,000 425,000
Financial Service    
REVENUES    
Total revenues 1,113,461 2,097,642
COSTS OF REVENUES    
Total costs of revenues 264,945 2,865,783
GROSS PROFIT (LOSS)    
Total gross profit (loss) $ 848,516 $ (768,141)
[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.
[2] 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.