| Schedule of Operating Lease Assets and Liabilities |
The
table below presents the operating lease related assets and liabilities recorded on the balance sheets.
Schedule
of Operating Lease Assets and Liabilities
| | |
September
30, 2024 | | |
March
31, 2024 | |
| | |
(Unaudited) | | |
| |
| Operating lease assets: | |
| | | |
| | |
| Operating lease right of use assets | |
$ | 229,556 | | |
$ | 286,475 | |
| Total operating lease assets | |
| 229,556 | | |
| 286,475 | |
| | |
| | | |
| | |
| Operating lease obligations: | |
| | | |
| | |
| Current operating lease liabilities | |
| 126,205 | | |
| 122,265 | |
| Non-current operating lease liabilities | |
| 110,352 | | |
| 172,955 | |
| Total operating lease obligations | |
$ | 236,557 | | |
$ | 295,220 | |
|
The
table below presents the operating lease related assets and liabilities recorded on the balance sheets.
Schedule
of Operating Lease Assets and Liabilities
| | |
March
31, 2024 | | |
March
31, 2023 | |
| | |
| | |
| |
| Operating lease assets: | |
| | | |
| | |
| Operating lease right
of use assets | |
$ | 286,475 | | |
$ | 102,077 | |
| Total operating lease assets | |
$ | 286,475 | | |
$ | 102,077 | |
| | |
| | | |
| | |
| Operating lease obligations: | |
| | | |
| | |
| Current operating lease liabilities | |
$ | 122,265 | | |
$ | 62,395 | |
| Noncurrent operating lease liabilities | |
| 172,955 | | |
| 45,881 | |
| Total operating lease obligations | |
$ | 295,220 | | |
$ | 108,276 | |
|
| Schedule of Unaudited Weighted Average Lease Term and Discount Rate |
The
unaudited weighted-average remaining lease term and the weighted-average discount rate of leases are as follows:
Schedule
of Unaudited Weighted Average Lease Term and Discount Rate
| |
|
September
30, 2024 |
|
| Weighted-average
remaining lease term |
|
|
1.8
years |
|
| |
|
|
|
|
| Weighted-average
discount rate |
|
|
5.0 |
% |
|
The
weighted-average remaining lease term and the weighted-average discount rate of leases are as follows:
Schedule
of Weighted Average Lease Term and Discount Rate
| | |
March 31,
2024 | |
| Weighted-average remaining lease term | |
| 2.3
years | |
| | |
| | |
| Weighted-average discount rate | |
| 5.0 | % |
|
| Schedule of Maturity of Operating Lease Liabilities |
The
following table summarizes the maturity of operating lease liabilities as of September 30, 2023:
Schedule
of Maturity of Operating Lease Liabilities
| Periods
ended September 30, |
|
US$ |
|
| 2025 |
|
$ |
134,437 |
|
| 2026 |
|
|
112,404 |
|
| Total
lease payments |
|
|
246,841 |
|
| Less:
imputed interest |
|
|
(10,284 |
) |
| Total
lease liabilities(Unaudited) |
|
$ |
236,557 |
|
|
The
following table summarizes the maturity of operating lease liabilities as of March 31, 2024:
Schedule
of Maturity of Operating Lease Liabilities
| Years ending March
31, | |
US$ | |
| 2025 | |
$ | 133,465 | |
| 2026 | |
| 133,465 | |
| 2027 | |
| 44,858 | |
| Total lease payments | |
| 311,788 | |
| Less: imputed
interest | |
| (16,568 | ) |
| Total lease liabilities | |
$ | 295,220 | |
|