v3.25.2
Contract Liabilities
12 Months Ended
Mar. 31, 2025
Contract Liabilities [Abstract]  
CONTRACT LIABILITIES

NOTE 11 – CONTRACT LIABILITIES

 

Contract liabilities consisted of the following as of March 31, 2025 and 2024:

 

   For the years ended
March 31,
 
   2025   2024 
         
Beginning balance  $187,665   $165,534 
Prepayments from customers   20,018    49,876 
Revenue recognized   (148,831)   (19,435)
Exchange rate difference   (225)   (8,310)
Ending balance  $58,627   $187,665 

 

For the years ended March 31, 2025 and 2024, the Company recognized $148,831 and $19,435 of revenue, which were included in the contract liabilities balances at the beginning of the periods, respectively.