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Condensed Financial Information of the Parent Company (Tables) | 12 Months Ended
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Sep. 30, 2021
Condensed Financial Information of the Parent Company |
Summary of Parent Company Balance Sheets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of | ​ | As of
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2020
Assets |  | ​ |  |  | ​ |
Current assets |  | ​ |  |  | ​ |
Cash | ​ | $ | 522,915 | ​ | $ | 2,122
Other receivables | ​ | ​ | 125,081 | ​ | ​ | —
Total current assets | ​ | ​ | 647,996 | ​ | ​ | 2,122
​ | ​ | ​ | ​ | ​ | ​ | ​
Non-current assets | ​ |  |  | ​ |  |
Investment in subsidiaries | ​ |  | 160,199,022 | ​ |  | 30,217,865
Total assets | ​ | $ | 160,847,018 | ​ | $ | 30,219,987
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities and Shareholders’ Equity | ​ |  |  | ​ |  |
​ | ​ | ​ | ​ | ​ | ​ | ​
Current liabilities | ​ |  |  | ​ |  |
Due to related parties | ​ |  | 54,600 | ​ |  | 1,894,811
Other current liabilities | ​ |  | — | ​ |  | 40,000
Total liabilities | ​ | $ | 54,600 | ​ | $ | 1,934,811
​ | ​ | ​ | ​ | ​ | ​ | ​
Commitments and contingencies | ​ |  |  | ​ |  |
​ | ​ | ​ | ​ | ​ | ​ | ​
Shareholders’ equity | ​ |  |  | ​ |  |
Common stock, $0.001 par value, 600,000,000 shares authorized, 557,780,383 shares issued and outstanding at September 30, 2021; and 200,000,000 shares authorized, 20,517,703 shares issued and outstanding at September 30, 2020 | ​ |  | 557,781 | ​ |  | 20,518
Additional paid-in capital | ​ |  | 147,088,227 | ​ |  | 20,335,228
Retained earnings | ​ |  | 13,146,410 | ​ |  | 7,929,430
Total shareholders’ equity | ​ |  | 160,792,418 | ​ |  | 28,285,176
​ | ​ | ​ | ​ | ​ | ​ | ​
Total liabilities and shareholders’ equity | ​ | $ | 160,847,018 | ​ | $ | 30,219,987
Summary of Parent Company Statements of Operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the years ended September 30,
​ |  | 2021 |  | 2020 |  | 2019
Operating expenses: |  | ​ |  |  | ​ |  |  | ​ |
General and administrative expenses | ​ | $ | (2,031,506) | ​ | $ | (602,518) | ​ | $ | (619,325)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other expenses | ​ |  |  | ​ |  |  | ​ |  | ​
Interest expenses | ​ |  | — | ​ |  | (135,865) | ​ |  | (1,087,775)
Amortization of debt issuance costs | ​ |  | — | ​ |  | (1,093,440) | ​ |  | (2,113,492)
Other expenses | ​ |  | (5,672) | ​ |  | (646) | ​ |  | (907)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loss from operations | ​ |  | (2,037,178) | ​ |  | (1,832,469) | ​ |  | (3,821,499)
Equity in income of subsidiaries and VIE | ​ |  | 4,395,592 | ​ |  | 2,656,075 | ​ |  | 3,514,062
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income (loss) attributable to Farmmi, Inc. | ​ | $ | 2,358,414 | ​ | $ | 823,606 | ​ | $ | (307,437)
Summary of Parent Company Statements of Cash Flows | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the years ended September 30,
​ |  | 2021 |  | 2020 |  | 2019
Cash flows from operating activities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 2,358,414 | ​ | $ | 823,606 | ​ | $ | (307,437)
Adjustments to reconcile net income to net cash used in operating activities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity in earnings of subsidiary | ​ | ​ | (4,395,592) | ​ | ​ | (2,656,075) | ​ | ​ | (3,514,062)
Accrued interest expense for convertible notes | ​ | ​ | — | ​ | ​ | 135,867 | ​ | ​ | 1,087,774
Amortization of deferred financing costs | ​ | ​ | — | ​ | ​ | 1,093,440 | ​ | ​ | 2,113,492
Share-based compensation | ​ | ​ | 1,260,674 | ​ | ​ | — | ​ | ​ | —
Other current assets | ​ | ​ | (125,081) | ​ | ​ | — | ​ | ​ | —
Other current liabilities | ​ | ​ | (40,000) | ​ | ​ | 40,000 |  | ​ | (47,224)
Net cash used in operating activities | ​ |  | (941,585) | ​ |  | (563,162) |  | ​ | (667,457)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flows from investing activities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investing in subsidiaries | ​ | ​ | (122,726,999) | ​ | ​ | 688,060 | ​ | ​ | (5,999,297)
Net cash (used in) provided by investing activities | ​ | ​ | (122,726,999) | ​ | ​ | 688,060 | ​ | ​ | (5,999,297)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flows from financing activities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net proceeds from stock issuance | ​ | ​ | 126,029,588 | ​ | ​ | — | ​ | ​ | —
Payments of deferred financing costs | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (716,318)
Gross proceeds from issuance of convertible note | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 7,500,000
Proceeds from advances from related parties | ​ | ​ | 298,297 | ​ | ​ | — | ​ | ​ | —
Repayment of advances from related parties | ​ |  | (2,138,508) | ​ |  | (758,071) |  | ​ | (87,800)
Net cash provided by (used in) financing activities | ​ |  | 124,189,377 | ​ |  | (758,071) |  | ​ | 6,695,882
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net increase (decrease) in cash and restricted cash | ​ | ​ | 520,793 | ​ | ​ | (633,173) | ​ | ​ | 29,128
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and restricted cash, beginning of year | ​ | ​ | 2,122 | ​ | ​ | 635,295 | ​ | ​ | 606,167
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and restricted cash, end of year | ​ | $ | 522,915 | ​ | $ | 2,122 |  | $ | 635,295

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