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INTANGIBLE ASSETS
12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 8 - INTANGIBLE ASSETS

 

   2023   2022 
   September 30, 
   2023   2022 
         
Trademarks  $3,551   $2,449 
Subtotal   3,551    2,449 
Less: accumulated amortization   (745)   (367)
Total intangible assets, net  $2,806   $2,082 

 

 

Intangible assets consist of the Company’s trademarks of King Eagle Mall with a useful life of ten years. Approximately $1,045, $1,343, $548, $35, $497 and $83 will expire in July 2031, April 2031, April 2032, September 2032, October 2032 and October 2033, respectively.

 

Amortization expense was $363 and $266 for the years ended September 30, 2023 and 2022, respectively.