Exhibit 99.1 UNIVERSE PHARMACEUTICALS INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) As of March 31, September 30, 2023 2022 ASSETS CURRENT ASSETS Cash $12,954,516$ 5,711,458 Short-term investments 13,314,902 13,148,594 Accounts receivable, net 17,519,268 15,183,890 Inventories, net 2,868,248 2,206,488 Advance to suppliers 207,719 16,701 Prepayment for acquisition 3,640,275 3,514,450 Prepaid expenses and other current assets 2,010,285 1,724,099 TOTAL CURRENT ASSETS 52,515,213 41,5 ...