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CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)      
Revenues $ 50,957,974 $ 57,899,096 $ 40,205,586
Cost of revenues (51,139,085) (57,110,446) (36,563,945)
Gross (loss) profit (181,111) 788,650 3,641,641
Operating expenses:      
Allowance for receivables and inventories (8,976,860) (195,355) 0
Selling expenses 0 (53,008) (89,312)
General and administrative expenses (3,195,488) (5,730,147) (2,060,122)
Research and development expenses (135,146) (988,559) (1,032,378)
Total operating expenses (12,307,494) (6,967,069) (3,181,812)
(Loss) income from operations (12,488,605) (6,178,419) 459,829
Interest expense (335,957) (712,490) (157,221)
Government subsidy income 81,896 925,983 1,636,491
Interest income 388 489 702,872
Loss on disposal of subsidiaries (1,290,201) 0 0
Other (expenses) income (17,215) 116,575 (97,990)
Total other (expense) income, net (1,561,089) 330,557 2,084,152
(Loss) income before income taxes (14,049,694) (5,847,862) 2,543,981
Income tax benefits (expenses) 8,925 222,122 (314,273)
Net (loss) income (14,040,769) (5,625,740) 2,229,708
Net (loss)/income (14,040,769) (5,625,740) 2,229,708
Other comprehensive loss:      
Foreign currency translation gain (loss) 4,826,918 (2,238,556) (6,655,036)
Comprehensive loss $ (9,213,851) $ (7,864,296) $ (4,425,328)
(Loss) earnings per share      
Basic $ (4.13) $ (3.12) $ 3.09
Diluted $ (4.13) $ (3.12) $ 3.09
Weighted average shares outstanding      
Basic 3,398,964 1,802,948 721,993
Diluted 6,862,027 2,267,082 721,993