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DISCONTINUED OPERATIONS
9 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS

6. DISCONTINUED OPERATIONS

 

On June 7, 2024, the Company’s board of directors passed a resolution to sale (1) NuZee KOREA Ltd a company incorporated in Korea and a wholly-owned subsidiary of the Company; and (2) NuZee Investment Co., Ltd, a company incorporated in Japan and a wholly-owned subsidiary of the Company. The discontinuation of the business is primarily due to strategic considerations by the management regarding the company’s overall development, as well as the need to ensure administrative consistency.

 

 

The losses from discontinued operations for nine months ended June 30, 2025 and 2024 are as follows:

 

  

Nine Months Ended

  

Nine Months Ended

 
   June 30, 2025   June 30, 2024 
Revenue:                  
Service revenue  $-   $842,121 
Cost of revenue   -    (773,534)
Gross (loss)/profit   -    68,587 
           
Operating expenses   -    (476,532)
Operations Loss   -    (407,945)
           
Other expense   -    (21,230)
Loss from discontinued operations   -    (429,175)
Losses from asset disposal of discontinued operations  $-   $(149,677)

 

The losses from discontinued operations for three months ended June 30, 2025 and 2024 are as follows:

 

  

Three Months Ended

  

Three Months Ended

 
   June 30, 2025   June 30, 2024 
Revenue:                  
Service revenue  $-   $157,440 
Cost of revenue   -    (149,875)
Gross (loss)/profit   -    7,565 
           
Operating expenses   -    (106,480)
Operations Loss   -    (98,915)
           
Interest income (expense), net   -    829 
Loss from discontinued operations   -    (98,086)
Losses from asset disposal of discontinued operations  $-   $(149,677)