v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities:    
Net loss $ (166,974,340) $ (1,950,587)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation 2,871,756 101,360
Depreciation and amortization 332,225 331,927
Credit loss expense 105,516 19,505
Non-cash digital asset revenue, net (4,411,859) 0
Change in fair value of digital assets 160,035,105 0
Change in fair value of warrant liability 658,332 0
Goodwill and intangible asset impairment 2,026,311 200,000
Gain on sale of OEM segment (1,405,972) 0
Changes in operating assets and liabilities:    
Accounts receivable 624,359 1,521,057
Contract assets 208,729 (297,248)
Prepaid expenses and other current assets 27,284 (60,851)
Accounts payable 229,463 (391,868)
Related party payables 923,513 0
Deferred income (106,914) 102,032
Net changes in operating lease liabilities 582 12,161
Accrued expenses and other current liabilities (42,330) (739,283)
Net cash used in operating activities-continuing operations (4,898,240) (1,151,795)
Net cash provided by operating activities-discontinued operations 396,153 1,671,565
Net cash (used in)/provided by operating activities (4,502,087) 519,770
Investing Activities:    
Purchases of digital assets (900,790,843) 0
Cash paid for sale of OEM segment (650,000) 0
Purchases of property and equipment (25,774) (65,154)
Net cash used in investing activities (901,466,617) (65,154)
Financing Activities:    
Proceeds from Securities Purchase Agreement, net 900,103,815 0
Proceeds from Equity Line of Credit, net 2,360,869 0
Proceeds from Registered Direct Offering 2,237,565 0
Proceeds from Waiver and Leak-out Agreement 33,000,000 0
Proceeds from ATM, net 3,962,018 0
Proceeds from issuance of Series B preferred stock and warrants, net 970,946 0
Deferred financing costs associated with ATM (737,400) 0
Proceeds from stock options exercised 60,739 0
Repayment of note payable to Forward China (related party) (600,000) (500,000)
Net cash provided by/(used in) financing activities 941,358,552 (500,000)
Net increase/(decrease) in cash 35,389,848 (45,384)
Cash at beginning of year 2,777,125 2,822,509
Cash at end of year 38,166,973 2,777,125
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 48,921 62,662
Cash paid for taxes 32,071 7,069
Supplemental Disclosures of Non-Cash Investing and Financing Activities:    
Operating lease assets obtained in exchange for operating lease liabilities 157,424 0
Conversion of accounts payable to convertible preferred stock 2,725,000 2,200,000
Fair value of commitment shares issued under equity line of credit 191,447 0
Digital assets received in Securities Purchase Agreement 685,375,313 0
Digital assets used in investing activities 685,375,313 0
Unpaid portion of Securities Purchase Agreement fees 194,180 0
Reclass of warrant liability to equity $ 1,221,443 $ 0