Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 56

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 3
Chunk 56
---
     196,879  
     - 
  
    Total current liabilities 
      
     8,546,420  
     6,185,690 

    Noncurrent liabilities 

    Operating lease obligations, net of current portion 
     
     44,622  
     95,907 
  
    Finance lease obligations, net of current portion 
    13 
     76,862  
     - 
  
    Total noncurrent liabilities 
      
     121,484  
     95,907 

    Total liabilities 
      
     8,667,904  
     6,281,597 

    Commitment and contingencies 
      
     -  
     - 

    Equity 

    Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2024 and 2023 
    11 
     -  
     - 
  
    Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 400,000,000 shares issued and outstanding
    as of September 30, 2024 and 2023* 
    11 
     40,000  
     40,000 
  
    Additional paid-in capital 
    11 
     349,356  
     597,801 
  
    Accumulated deficits 
      
     (7,774,600) 
     (5,803,162)
  
    Accumulated other comprehensive income 
      
     200,368  
     426,741 
  
    Total stockholders’ equity 
      
     (7,184,876) 
     (4,738,620)

    Non-controlling interests 
      
     (3,842) 
     (281,001)
  
    Total equity 
      
     (7,188,718) 
     (5,019,621)

    Total liabilities and equity 
      
    $1,479,186  
    $1,261,976 

*Outstanding and
issued shares retrospectively reflected the forward stock split 10:1 effected on October 18, 2022

The
accompanying notes are an integral part of