v3.25.4
Commitments and Contingencies
 12 Months Ended
Sep. 30, 2025
Commitments and Contingencies [Abstract]  
Commitments and Contingencies

15. Commitments and Contingencies

 

The Company had certain office leases in relation to its operations. These leases are classified as operating leases. Other than these operating leases and the common shares subject to redemption (note 13), the Company does not have significant commitments, long-term obligations, or guarantees as of September 30, 2025 and 2024.

 

Operating lease

 

The future aggregate minimum lease payments under the non-cancellable residential apartment building operating lease are as follows:

 

2026  $797,161 
2027   271,921 
2028   328,000 
2029   337,720 
2030 and thereafter   1,844,918 
Total future minimum lease payments  $3,579,720 
Less: imputed interest   (1,245,183)
Total operating lease liability  $2,334,537 
Less: operating lease liability - current   752,429 
Total operating lease liability – non current  $1,582,108 

 

Contingencies

 

The Company is subject to legal proceedings and regulatory actions in the ordinary course of business. The results of such proceedings cannot be predicted with certainty, but the Company does not anticipate that the final outcome arising out of any such matter will have a material adverse effect on our consolidated business, financial position, cash flows or results of operations taken as a whole.