XML 125 R82.htm IDEA: XBRL DOCUMENT v3.21.4
Condensed financial information of the parent company - Balance Sheets (Details) - USD ($)
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Current assets        
Cash $ 59,251,904 $ 481,906 $ 118,688 $ 4,853,227
Total current assets 155,305,536 37,022,171    
Non-current assets        
Total Assets 165,686,901 38,191,746    
Current liabilities        
Due to related parties 57,632 1,714,811    
Other current liabilities 161,716 700,914    
Total Liabilities 4,894,483 9,036,589    
Commitment 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 9,127,377 6,770,426    
Total Equity 160,792,418 29,155,157 $ 22,337,551 $ 19,213,642
Total Liabilities and Equity 165,686,901 38,191,746    
FAMI        
Current assets        
Total current assets 135,233,004 11,840,133    
Non-current assets        
Total Assets 135,233,004 11,840,133    
Current liabilities        
Total Liabilities 1,724,060 3,584,271    
Shareholders' equity        
Total Equity 133,508,944 8,255,862    
Reportable legal entity | FAMI        
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    
Current liabilities        
Due to related parties 54,600 1,894,811    
Other current liabilities   40,000    
Total Liabilities 54,600 1,934,811    
Commitment 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 Equity 160,792,418 28,285,176    
Total Liabilities and Equity $ 160,847,018 $ 30,219,987