v3.25.1
Statement of Cash Flows - USD ($)
2 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2024
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Cash flows from operating activities:              
Net income $ (5,984)       $ (629,176) [1]   $ (4,344,768)
Adjustments to reconcile net income to net cash used in operating activities:              
Depreciation and amortization         2,251   2,437
Amortization of right-of-use asset         39,672   42,848
Investment income         (2,831)   (7,308)
Share-based compensation           1,938,359
Change in operating assets and liabilities:              
Prepayments and other assets         (52,761)   (34,972)
Right-of-use assets, net         (88,104)   (44,829)
Account payables 5,984       651   1
Salary and welfare payable         (410)   1,862
Tax payable           (616)
Amount due to related parties         613,730   1,019,742
Other payables         1  
Right of use liabilities         44,106   17
Net cash used in operating activities       (72,871)   (1,427,227)
Cash flows from investing activities:              
Proceeds from disposal of short-term investments         301,051   639,850
Purchase of short term investments         (210,713)  
Purchase of property, plant and equipment         (13)  
Net cash provided by (used in) investing activities         90,325   639,850
Cash flows from financing activities:              
Shares issued         30,776   57,183
Payments for deferred offering costs         (108,546)   (229,732)
Net cash provided by (used in) financing activities         (77,770)   (172,549)
Effect of Exchange Rate Changes on Cash and Equivalents         (44,407)   8,158
NET CHANGE IN CASH       (104,723)   (951,768)
CASH, BEGINNING OF YEAR       179,237   1,131,005
CASH, END OF YEAR       74,514   179,237
Supplemental Disclosure of Cash Flow Information:              
Cash paid for income taxes          
Supplemental Disclosure of Non-Cash Flow Information:              
Right-of-use assets and lease liabilities         $ 88,104   $ 44,829
NON-CASH INVESTING AND FINANCING ACTIVITIES:              
Non-cash item, operating expenses $ 5,984            
DT Cloud Acquisition Corporation [Member]              
Cash flows from operating activities:              
Net income   $ 452,085 $ 43,875 $ 2,265,806   $ (87,271)  
Adjustments to reconcile net income to net cash used in operating activities:              
Dividend income earned on cash and investment held in trust account   (740,346) (346,250) (3,000,071)    
Change in operating assets and liabilities:              
Prepaid expenses   (52,032) (65,722) (8,384)   (8,446)  
Due to related party   44,281 (207,614) (87,855)   76,288  
Accrued liabilities   42,453 76,836 143,813   24,247  
Net cash used in operating activities   (253,559) (498,875) (686,691)   4,818  
Cash flows from investing activities:              
Extension payments deposited in Trust Account   (357,949)        
Cash withdrawn from Trust Account in connection to redemption   19,821,345        
Proceeds deposited in Trust Account   (69,345,000) (69,345,000)    
Net cash provided by (used in) investing activities   19,463,396 (69,345,000) (69,345,000)    
Cash flows from financing activities:              
Redemption of ordinary shares   (19,821,345)        
Proceed from public offering, net of offering costs   67,833,894 67,833,894    
Other payables   300,000        
Proceed from private placement   2,345,000 2,345,000    
Advance from related party   333,528   129,759   490,000  
Due to related party   159,488 (490,000) (490,000)   490,000  
Net cash provided by (used in) financing activities   (19,361,857) 69,688,894 69,688,894   490,000  
NET CHANGE IN CASH   (152,020) (154,981) (342,797)   494,818  
CASH, BEGINNING OF YEAR   152,021 494,818 494,818    
CASH, END OF YEAR   1 339,837 152,021   494,818  
Reconciliation to amounts on balance sheets:              
Cash   1   152,021   69,818  
Cash in escrow         425,000  
Total cash and cash in escrow balance       152,021   494,818  
NON-CASH INVESTING AND FINANCING ACTIVITIES:              
Issuance of representative shares   10 10    
Initial classification of ordinary shares subject to possible redemption   68,014,286 68,014,286    
Allocation of offering costs to ordinary shares subject to possible redemption   2,933,590 2,933,590    
Accretion of carrying value to redemption value   4,264,304 4,264,304    
Subsequent remeasurement of ordinary shares subject to possible redemption       3,000,071    
Accrued underwriting compensation   1,725,000 $ 1,725,000    
Extension funds attributable to common stock subject to redemption   357,949        
Remeasurement of ordinary shares subject to possible redemption   $ 740,346 $ 346,250        
[1] There are no effects on total revenue and total net income.