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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net loss from continuing operations $ (2,990,047) $ (5,242,739)
Losses caused by the termination of business (429,175)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 23,095 142,107
Noncash lease expense 93,351 308,788
Stock option expense 83,739
Bad debt expense 24,049
Equity Incentive 641,880
Loss from equity method investment 3,789
Loss on acquisition of subsidiary 20,210
Change in operating assets and liabilities:    
Accounts receivable (62,032) 103,688
Inventories (7,278,644) (164,341)
Prepaid expenses and other current assets (860,895) 173,142
Other assets 4,707
Accounts payable (691,619) 564,335
Deferred income (354,668)
Lease liability – operating lease (97,486) (383,542)
Accrued expenses and other current liabilities (31,506)
Other non-current liabilities 37,229
Net cash used in operating activities (11,233,693) (4,270,542)
Discontinued Operations:    
Depreciation from discontinued operations 3,690
Changes in operating assets and liabilities 737,063
Cash flows generated from discontinued business operations 311,578
Investing activities:    
Purchase of equipment (310,342)
Proceeds from disposal of equipment 10,736
Cash received from the acquisition of subsidiaries 8,956
Net cash provided by/( used in) investing activities 19,692 (310,342)
Financing activities:    
Repayment of loans (1,486,996) (429,933)
Repayment of finance lease (25,224)
Borrowings from loans 398,754
Proceeds from sales of future receipts 195,001
Repayment of equipment finance (31,626)
Proceeds from equipment finance 262,893
Proceeds from issuance of convertible note 320,000
Proceeds from private placement 2,451,628 1,659,655
Proceeds from issuance of common stock, ATM offering, net of issuance cost 10,000,000 1,277,118
Net cash provided by (used in) financing activities 10,964,632 3,626,638
Effect of foreign exchange on cash (178,895) 34,257
Net change in cash (428,264) (608,411)
Cash, beginning of period 464,222 982,869
Cash, end of period 35,958 374,458
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,416
Cash paid for taxes 3,048
Subscription receivable $ 616,474