Overview
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- TickerFUST on OTC1
- IndustryMetal Mining1
- HeadquartersArcadia, California1
- Incorporated inNV3
- Business address805 W. Duarte Rd. #102, Arcadia, Ca 910073
- Filer categoryNon-accelerated filer, Smaller reporting company3
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State of Nevada on December 24, 2013. Fuse Group currently develops business opportunities in the mining, biotech and consulting areas.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs95¢$43.5K
- Income tax5¢$2.4K
Out of $45.9K in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Revenue | $45.9K | $332.0K |
| Cost of revenue | $0 | $0 |
| Gross Profit | $45.9K | $332.0K |
| General and administrative | $323.8K | $345.7K |
| Consulting fees | $0 | $19.7K |
| Total Operating Expenses | $323.8K | $365.4K |
| Loss from operations | -$277.9K | -$33.4K |
| Interest expense | -$3.4K | -$5.1K |
| Other income | $0 | $496 |
| Total non-operating expenses, net | -$3.4K | -$4.6K |
| Loss before income tax | -$281.3K | -$38.0K |
| Provision for income tax | $2.4K | $2.4K |
| Net loss | -$283.7K | -$40.4K |
| Basic (in Dollars per share) | -$0.02 | $0.00 |
| Dilutive (in Dollars per share) | -$0.02 | $0.00 |
| Basic (in Shares) | 13.3M shares | 13.3M shares |
| Dilutive (in Shares) | 13.3M shares | 13.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-09-30 | 2024-09-30 | 2024-04-30 | 2023-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $21.2K | $67.6K | ||
| Prepaid expenses and other receivable | $13.5K | $13.0K | ||
| Right-of-use asset, net | $0 | $4.8K | ||
| Total Current Assets | $34.7K | $85.4K | ||
| TOTAL ASSETS | $34.7K | $85.4K | ||
| Accrued interest | $1.0K | $0 | ||
| Other payable | $0 | $6.4K | ||
| Lease liability | $0 | $5.0K | ||
| Loan payable | $297.1K | $1.8K | ||
| Due to related party | $22.2K | $139.5K | ||
| Total Current Liabilities | $320.3K | $152.8K | ||
| Loan payable | $94.9K | $99.4K | ||
| Convertible notes payable | $70.0K | $0 | ||
| TOTAL LIABILITIES | $485.2K | $252.2K | ||
| CONTINGENCIES AND COMMITMENTS | $0 | $0 | ||
| Common stock: 75,000,000 shares authorized; $0.001 par value 13,297,143 and 13,296,986 shares issued and outstanding at September 30, 2025 and 2024, respectively * | $13.3K | $13.3K | ||
| Additional Paid-in Capital | $7.8M | $7.8M | ||
| Accumulated deficit | -$8.2M | -$7.9M | ||
| Total Stockholders Deficit | -$450.5K | -$166.8K | -$177.8K | |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | $34.7K | $85.4K | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in Shares) | 75.0M shares | 75.0M shares | ||
| Common stock, shares issued (in Shares) | 13.3M shares | 13.3M shares | 22.8K shares | |
| Common stock, shares outstanding (in Shares) | 13.3M shares | 13.3M shares |
| Period ending | 2025-09-30 | 2024-09-30 | 2024-04-30 | 2023-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $21.2K | $67.6K | ||
| Prepaid expenses and other receivable | $13.5K | $13.0K | ||
| Right-of-use asset, net | $0 | $4.8K | ||
| Total Current Assets | $34.7K | $85.4K | ||
| TOTAL ASSETS | $34.7K | $85.4K | ||
| Accrued interest | $1.0K | $0 | ||
| Other payable | $0 | $6.4K | ||
| Lease liability | $0 | $5.0K | ||
| Loan payable | $297.1K | $1.8K | ||
| Due to related party | $22.2K | $139.5K | ||
| Total Current Liabilities | $320.3K | $152.8K | ||
| Loan payable | $94.9K | $99.4K | ||
| Convertible notes payable | $70.0K | $0 | ||
| TOTAL LIABILITIES | $485.2K | $252.2K | ||
| CONTINGENCIES AND COMMITMENTS | $0 | $0 | ||
| Common stock: 75,000,000 shares authorized; $0.001 par value 13,297,143 and 13,296,986 shares issued and outstanding at September 30, 2025 and 2024, respectively * | $13.3K | $13.3K | ||
| Additional Paid-in Capital | $7.8M | $7.8M | ||
| Accumulated deficit | -$8.2M | -$7.9M | ||
| Total Stockholders Deficit | -$450.5K | -$166.8K | -$177.8K | |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | $34.7K | $85.4K | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in Shares) | 75.0M shares | 75.0M shares | ||
| Common stock, shares issued (in Shares) | 13.3M shares | 13.3M shares | 22.8K shares | |
| Common stock, shares outstanding (in Shares) | 13.3M shares | 13.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Net loss | -$283.7K | -$40.4K |
| Depreciation expense | $455 | |
| Operating lease expense | $4.8K | $28.8K |
| Prepaid expenses | -$518 | -$332 |
| Other payable | -$6.4K | -$19.3K |
| Accrued interest | $1.0K | $937 |
| Payment of lease liability | -$5.1K | -$30.2K |
| Net Cash (Used in) Operating Activities | -$289.9K | -$60.0K |
| CASH FLOWS FROM INVESTING ACTIVITIES | $0 | $0 |
| Proceeds from convertible notes | $70.0K | $0 |
| Proceeds from loan payable | $294.6K | $0 |
| Repayment of loan payable | -$3.7K | -$2.5K |
| Advances from (repayment to) related party | -$117.4K | $103.5K |
| Net Cash Provided by Financing Activities | $243.5K | $101.0K |
| Net change in cash and cash equivalents | -$46.4K | $41.0K |
| Cash paid for income taxes | $2.4K | $2.4K |
| Cash paid for interest | $2.4K | $4.2K |
| Common shares issued for conversion of note | $0 | $51.3K |
No quarter-by-quarter statement was filed.
Corporate structure
FUSE GROUP HOLDING INC. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
- FUSE GROUP HOLDING INC. Arcadia, California
- Fuse Biotech Inc. Subsidiary · Nevada, United States
- Fuse Processing, Inc. Subsidiary · California, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FUSE GROUP HOLDING INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $02 Sep 30, 2025 | $02 Sep 30, 2024 | |
| Operating-lease assets (leased space) | $02 Sep 30, 2025 | $4.8K2 Sep 30, 2024 | −100.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $21.2K2 Sep 30, 2025 | $67.6K2 Sep 30, 2024 | −68.7% |
Properties, in its own words
We lease office space in Arcadia, California for monthly rent of approximately $2,200 pursuant to a lease with a term from December 31, 2018 to November 30, 2021. On February 28, 2022, the Company renewed lease for three more years, commencing on December 1, 2021. The new monthly base rent is $2,243 payable on the first day of each month, with a 6% increase each year. The lease has expired on November 30, 2024. The Company has been negotiating with the landlord for the renewal of the lease. After November 30, 2024, the Company paid lease amount $2,535 month by month.
Item 2 of the 10-K filed Dec 29, 2025.5
Leadership
Who has led FUSE GROUP HOLDING INC., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerUmesh Patel Feb 21, 2017 to Feb 21, 201715
- PresidentUmesh Patel Feb 21, 2017 to Feb 21, 201715
Board members and other officers (3)
- Chief Finanical OfficerMichael J. Viotto Sep 11, 2017 to Sep 11, 201716
- Board memberUmesh Patel Feb 21, 2017 to Feb 21, 201715
- Board memberMichael J. Viotto Sep 11, 2017 to Sep 11, 201716
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- FUSE ENTERPRISES INC.Mar 24, 2015 to May 1, 20193
Timeline
- Aug 20, 20268-K Executive or director change17
- Jan 30, 20268-K Entered a material agreement; New debt or obligation18
- Sep 15, 20258-K Executive or director change19
- Aug 27, 20258-K Change of auditor20
- May 2, 20258-K Entered a material agreement; New debt or obligation21
- Apr 10, 20258-K Entered a material agreement; New debt or obligation22
- Sep 23, 20248-K Bylaws or fiscal year changed23
- Aug 12, 20248-K Other events24
- May 16, 20248-K Unregistered sale of shares25
- Apr 29, 20248-K Other events26
- Dec 29, 20238-K Other events27
- Dec 15, 20238-K Entered a material agreement; Other events28
- Feb 21, 2017New chief executive Umesh Patel becomes CEO15
Filings
51 filings to the SEC since October 2021: 5 annual reports, 17 quarterly reports, 26 major events, 3 other. The latest 20:
- Aug 20, 20268-K EDGAR
- Jul 31, 202610-Q EDGAR
- May 13, 202610-Q EDGAR
- Feb 12, 202610-Q EDGAR
- Jan 30, 20268-K EDGAR
- Dec 29, 202510-K EDGAR
- Sep 15, 20258-K EDGAR
- Aug 27, 20258-K EDGAR
- Aug 14, 202510-Q EDGAR
- May 14, 202510-Q EDGAR
- May 2, 20258-K EDGAR
- Apr 10, 20258-K EDGAR
- Feb 14, 202510-Q EDGAR
- Dec 26, 202410-K EDGAR
- Sep 23, 20248-K EDGAR
- Aug 14, 202410-Q EDGAR
- Aug 12, 20248-K EDGAR
- May 16, 20248-K EDGAR
- May 3, 202410-Q EDGAR
- Apr 29, 20248-K EDGAR
The 51 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How FUSE GROUP HOLDING INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFUSE GROUP HOLDING INC.1
- CIK0001636051
- Employer ID (EIN)47-10174735
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inNevada5
- Fiscal year endsSeptember 301
- Industry code (SIC)1000 Metal Mining1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address805 W. Duarte Rd. #102, Arcadia, CA 910071
- Phone(626) 977-00001
- Shares outstanding17,225,716 as of Jul 27, 202614
- Public float$1.8M as of Mar 31, 20255
- AuditorSimon & Edward, LLP, Rowland Heights, California PCAOB ID 2485; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceMar 24, 20151
- Filings116 in all: 8-K (43), 10-Q (32), 10-K (10), UPLOAD (9), CORRESP (5), 3 (3), 8-K/A (3), 10-Q/A (2)1
All 15 form types
NT 10-K (2), S-1/A (2), 10-K/A (1), D (1), EFFECT (1), S-1 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Dec 29, 2025
Quarterly report (10-Q) Jul 31, 2026
Latest 8-K (8-K) Aug 20, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| None |
From the cover page of the 10-K filed Dec 29, 2025 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks FUSE GROUP HOLDING INC. names in Item 1A of its 10-K filed Dec 29, 2025: 14 risks under these headings, as written.5
- We are a “smaller reporting company” and we cannot be certain if the reduced reporting requirements applicable to smaller reporting companies will make our shares of common stock less attractive to investors.
- We lack an operating history. There is no assurance our future operations will result in profitable revenues. If we cannot generate sufficient revenues to operate profitably, our business will fail.
- Our success depends substantially on the continued retention of certain key personnel and our ability to hire and retain qualified personnel in the future to support our growth.
- We face intense competition in our industry. If we are unable to compete successfully, our business will be seriously harmed.
- We don’t have an audit committee. If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results. As a result, current and potential shareholders could lose confidence in our financial reporting, which would harm our business and the trading price of our stock.
- We do not have a majority of independent directors on our Board and the Company has not voluntarily implemented various corporate governance measures, in the absence of which shareholders may have more limited protections against interested director transactions, conflicts of interest and similar matters.
- Landbond Home Limited, our largest shareholder, will have control over key decision making as a result of its control of a substantial amount of our voting stock.
- The Company is subject to the 15(d) reporting requirements under the Securities Exchange Act of 1934 which does not require a company to file all the same reports and information as fully reporting company.
- An occurrence of an uncontrollable event such as the COVID-19 pandemic may negatively affect our operations and financial results.
- If our costs and demands upon management increase disproportionately to the growth of our business and revenue as a result of complying with the laws and regulations affecting public companies, our operating results could be harmed.
- We do not intend to pay dividends and there may be fewer ways in which you can make a gain on any investment in the Company.
- We may engage in future acquisitions involving significant expenditures of cash, the incurrence of debt or the issuance of stock, all of which could have a materially adverse effect on our operating results.
The other 2 risks
- There is a very limited public market for our common stock and therefore, our investors may not be able to sell their shares.
- Cybersecurity incidents could disrupt our business operations, result in the loss of confidential information and adversely impact our reputation and results of operations.
Legal proceedings
We may from time to time be party to litigation and subject to claims incident to the ordinary course of business. As we grow and gain prominence in the marketplace we may become party to an increasing number of litigation matters and claims. The outcome of litigation and claims cannot be predicted with certainty, and the resolution of these matters could materially affect our future results of operations, cash flows or financial position. We are not currently a party to any legal proceedings.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARUmesh Patel, Chief executive officer
- 16
- 17SEC EDGARExecutive or director change
- 18
- 19SEC EDGARExecutive or director change
- 20SEC EDGARChange of auditor
- 21
- 22
- 23SEC EDGARBylaws or fiscal year changed
- 24SEC EDGAROther events
- 25SEC EDGARUnregistered sale of shares
- 26SEC EDGAROther events
- 27SEC EDGAROther events
- 28