Company: KPEA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023821
Chunk: 45

Company: Kun Peng International Ltd.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 45
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291 
  
    Amounts due to related parties 
     4,120,871  
     3,998,164 
  
    Operating lease obligations-current portion 
     4,511  
     154,095 
  
    Finance lease obligations-current portion 
     116,377  
     196,879 
  
    Total current liabilities 
     8,740,491  
     8,344,402 

    Noncurrent liabilities 

    Operating lease obligations-noncurrent portion 
     -  
     44,622 
  
    Finance lease obligations-noncurrent portion 
     -  
     76,862 
  
    Total noncurrent liabilities 
     -  
     121,484 

    Total liabilities 
     8,740,491  
     8,465,886 

    Commitment and contingencies 
        
     - 

    Equity 

    Additional paid-in capital 
     621,184  
     389,356 
  
    Accumulated deficits 
     (6,103,174) 
     (5,466,201)
  
    Accumulated other comprehensive income 
     17,204  
     109,401 
  
    Total stockholders’ equity 
     (5,464,786) 
     (4,967,444)
  
    Non-controlling interests 
     -  
     118,397 

    Total equity 
     (5,464,786) 
     (4,849,047)

    Total liabilities and equity 
    $3,275,705  
    $3,616,839 

    26

The
operating results of the VIE were as follows:

    Three
Months Ended
                                                                               June 30,   
    Nine
Months Ended
                                                                               June 30, 

    2025  
    2024  
    2025  
    2024 

    Revenue, net 
    $107,802  
    $672,062  
    $1,073,606  
    $1,598,728 
  
    Cost of revenue 
     (83,824) 
     (181,014) 
     (331,449) 
     (428,647)
  
    Gross profit 
     23,978  
     491