Schedule of Disaggregated Information of Revenues |
Disaggregated information of revenues by regions
are as follows:
| |
For the Year Ended March 31, 2025 | |
| |
Console game, hardware, and accessories | | |
Game Publishing | | |
Advertising Service | | |
Other | | |
Total | |
Revenues | |
$ | 122,018,643 | | |
$ | 23,757,232 | | |
$ | 1,973,858 | | |
$ | 541,156 | | |
$ | 148,290,889 | |
Revenues, a related party | |
| 1,244,899 | | |
| - | | |
| 264,506 | | |
| - | | |
| 1,509,405 | |
| |
| 123,263,542 | | |
| 23,757,232 | | |
| 2,238,364 | | |
| 541,156 | | |
| 149,800,294 | |
Reconciliation of revenue | |
| | | |
| | | |
| | | |
| | | |
| | |
Elimination of intersegment revenues | |
| | | |
| | | |
| | | |
| | | |
| (7,727,708 | ) |
Total consolidated revenues | |
| | | |
| | | |
| | | |
| | | |
$ | 142,072,586 | |
| |
| | | |
| | | |
| | | |
| | | |
| | |
Less: | |
| | | |
| | | |
| | | |
| | | |
| | |
Cost of revenues | |
| 100,288,013 | | |
| 11,110,156 | | |
| 719,080 | | |
| 174,578 | | |
$ | 112,291,827 | |
Cost of revenues, related parties | |
| 15,596,454 | | |
| - | | |
| 237,311 | | |
| - | | |
| 15,833,765 | |
| |
| 115,884,467 | | |
| 11,110,156 | | |
| 956,391 | | |
| 174,578 | | |
| 128,125,592 | |
Reconciliation of cost of revenue | |
| | | |
| | | |
| | | |
| | | |
| | |
Elimination of intersegment cost of revenues | |
| | | |
| | | |
| | | |
| | | |
| (7,296,367 | ) |
Total consolidated cost of revenues | |
| | | |
| | | |
| | | |
| | | |
$ | 120,829,225 | |
Segment gross profits | |
| 7,379,075 | | |
| 12,647,076 | | |
| 1,281,973 | | |
| 366,578 | | |
$ | 21,674,702 | |
| |
| | | |
| | | |
| | | |
| | | |
| | |
Less: | |
| | | |
| | | |
| | | |
| | | |
| | |
Advertising and marketing expenses | |
| 1,091,784 | | |
| 629,239 | | |
| 412,225 | | |
| 9,926 | | |
| | |
Amortization and depreciation | |
| 2,303,694 | | |
| - | | |
| 33,397 | | |
| 17,446 | | |
| | |
Provision for (recovery from) credit loss | |
| 70,076 | | |
| (205,580 | ) | |
| (60,199 | ) | |
| - | | |
| | |
Other operating expenses* | |
| 2,062,926 | | |
| 96,659 | | |
| 212,760 | | |
| 126,833 | | |
| | |
Professional fee | |
| 713,369 | | |
| 11,366 | | |
| 70,834 | | |
| 4,246 | | |
| | |
R&D Expense | |
| 209,746 | | |
| - | | |
| - | | |
| - | | |
| | |
Rent | |
| 680,867 | | |
| - | | |
| 232,918 | | |
| 19,327 | | |
| | |
Salary expenses | |
| 4,270,308 | | |
| 1,344,110 | | |
| 913,349 | | |
| 170,288 | | |
| | |
Other income (expense), net | |
| (640,574 | ) | |
| 80,669 | | |
| (326,160 | ) | |
| (8,323 | ) | |
| | |
Interest expenses | |
| 644,003 | | |
| 14,822 | | |
| 6,359 | | |
| - | | |
| | |
Segment profit (loss) | |
| (4,027,124 | ) | |
| 10,675,791 | | |
| (213,510 | ) | |
| 26,835 | | |
$ | 6,461,992 | |
| |
| | | |
| | | |
| | | |
| | | |
| | |
Reconciliation of profit or loss | |
| | | |
| | | |
| | | |
| | | |
| | |
Less: Unallocated amounts | |
| | | |
| | | |
| | | |
| | | |
| | |
Other operating expenses | |
| | | |
| | | |
| | | |
| | | |
| 68,835 | |
Professional fee | |
| | | |
| | | |
| | | |
| | | |
| 2,383,796 | |
Salary expenses | |
| | | |
| | | |
| | | |
| | | |
| 112,603 | |
Other income (expense), net | |
| | | |
| | | |
| | | |
| | | |
| 26,566 | |
Debt issuance costs | |
| | | |
| | | |
| | | |
| | | |
| 1,590,750 | |
Change in fair value of convertible notes and derivative liabilities | |
| | | |
| | | |
| | | |
| | | |
| (4,875,420 | ) |
Change in fair value of contingent consideration for acquisition | |
| | | |
| | | |
| | | |
| | | |
| 545,428 | |
Elimination of intersegment profit | |
| | | |
| | | |
| | | |
| | | |
| 431,341 | |
Income (loss) before income taxes | |
| | | |
| | | |
| | | |
| | | |
$ | 6,178,093 | |
| |
For the Year Ended March 31, 2024 | |
| |
Console game, hardware, and accessories | | |
Game Publishing | | |
Advertising Service | | |
Other | | |
Total | |
Revenues | |
$ | 90,986,196 | | |
$ | 4,446,872 | | |
$ | 2,716,090 | | |
$ | 368,128 | | |
$ | 98,517,286 | |
Revenues, a related party | |
| 42,477 | | |
| - | | |
| - | | |
| - | | |
| 42,477 | |
| |
| 91,028,673 | | |
| 4,446,872 | | |
| 2,716,090 | | |
| 368,128 | | |
| 98,559,763 | |
Reconciliation of revenue | |
| | | |
| | | |
| | | |
| | | |
| | |
Elimination of intersegment revenues | |
| | | |
| | | |
| | | |
| | | |
| (1,025,062 | ) |
Total consolidated revenues | |
| | | |
| | | |
| | | |
| | | |
$ | 97,534,701 | |
| |
| | | |
| | | |
| | | |
| | | |
| | |
Less: | |
| | | |
| | | |
| | | |
| | | |
| | |
Cost of revenues | |
| 63,225,758 | | |
| 2,736,076 | | |
| 722,226 | | |
| 135,669 | | |
$ | 66,819,729 | |
Cost of revenues, related parties | |
| 17,578,879 | | |
| - | | |
| 667,336 | | |
| - | | |
| 18,246,215 | |
| |
| 80,804,637 | | |
| 2,736,076 | | |
| 1,389,562 | | |
| 135,669 | | |
| 85,065,944 | |
Reconciliation of cost of revenue | |
| | | |
| | | |
| | | |
| | | |
| | |
Elimination of intersegment cost of revenues | |
| | | |
| | | |
| | | |
| | | |
| (849,701 | ) |
Total consolidated cost of revenues | |
| | | |
| | | |
| | | |
| | | |
$ | 84,216,243 | |
Segment gross profits | |
| 10,224,036 | | |
| 1,710,796 | | |
| 1,326,528 | | |
| 232,459 | | |
$ | 13,493,819 | |
| |
| | | |
| | | |
| | | |
| | | |
| | |
Less: | |
| | | |
| | | |
| | | |
| | | |
| | |
Advertising and marketing expenses | |
| 594,729 | | |
| 768,414 | | |
| 139,762 | | |
| 44,224 | | |
| | |
Amortization and depreciation | |
| 2,161,956 | | |
| - | | |
| 202,348 | | |
| 7,414 | | |
| | |
Provision for (recovery from) credit loss | |
| 165,315 | | |
| 234,075 | | |
| 84,858 | | |
| - | | |
| | |
Other operating expenses* | |
| 810,591 | | |
| 185,862 | | |
| 132,177 | | |
| 234,934 | | |
| | |
Professional fee | |
| 791,998 | | |
| 35,372 | | |
| 35,190 | | |
| 10,053 | | |
| | |
R&D Expense | |
| 250,922 | | |
| - | | |
| - | | |
| - | | |
| | |
Rent | |
| 612,945 | | |
| - | | |
| 199,150 | | |
| 10,213 | | |
| | |
Salary expenses | |
| 3,458,457 | | |
| 765,423 | | |
| 1,183,987 | | |
| 118,842 | | |
| | |
Other income (expense), net | |
| (1,219,317 | ) | |
| (57,550 | ) | |
| (10,528 | ) | |
| (676 | ) | |
| | |
Interest expenses | |
| 507,803 | | |
| - | | |
| - | | |
| - | | |
| | |
Segment profit (loss) | |
| 2,088,637 | | |
| (220,800 | ) | |
| (640,416 | ) | |
| (192,545 | ) | |
$ | 1,034,876 | |
| |
| | | |
| | | |
| | | |
| | | |
| | |
Reconciliation of profit or loss | |
| | | |
| | | |
| | | |
| | | |
| | |
Less: Unallocated amounts | |
| | | |
| | | |
| | | |
| | | |
| | |
Other operating expenses | |
| | | |
| | | |
| | | |
| | | |
| 48,252 | |
Professional fee | |
| | | |
| | | |
| | | |
| | | |
| 1,095,390 | |
Salary expenses | |
| | | |
| | | |
| | | |
| | | |
| 1,329,679 | |
Other income (expense), net | |
| | | |
| | | |
| | | |
| | | |
| 21,830 | |
Change in fair value of contingent consideration for acquisition | |
| | | |
| | | |
| | | |
| | | |
| 272,029 | |
Elimination of intersegment profit | |
| | | |
| | | |
| | | |
| | | |
| 175,361 | |
Income (loss) before income taxes | |
| | | |
| | | |
| | | |
| | | |
$ | (1,907,665 | ) |
| |
For the Year Ended March 31, 2023 | |
| |
Console game, hardware, and accessories | | |
Game Publishing | | |
Advertising Service | | |
Total | |
Revenues | |
$ | 67,464,852 | | |
$ | 7,808,526 | | |
$ | 3,315,585 | | |
$ | 78,588,963 | |
Revenues, a related party | |
| 660,985 | | |
| - | | |
| 2,911 | | |
| 663,896 | |
| |
| 68,125,837 | | |
| 7,808,526 | | |
| 3,318,496 | | |
| 79,252,859 | |
Reconciliation of revenue | |
| | | |
| | | |
| | | |
| | |
Elimination of intersegment revenues | |
| | | |
| | | |
| | | |
| (1,808,704 | ) |
Total consolidated revenues | |
| | | |
| | | |
| | | |
$ | 77,444,155 | |
| |
| | | |
| | | |
| | | |
| | |
Less: | |
| | | |
| | | |
| | | |
| | |
Cost of revenues | |
| 46,441,854 | | |
| 5,040,097 | | |
| 932,513 | | |
$ | 52,414,464 | |
Cost of revenues, related parties | |
| 12,388,590 | | |
| - | | |
| 604,258 | | |
| 12,992,848 | |
| |
| 58,830,444 | | |
| 5,040,097 | | |
| 1,536,771 | | |
| 65,407,312 | |
Reconciliation of cost of revenue | |
| | | |
| | | |
| | | |
| | |
Elimination of intersegment cost of revenues | |
| | | |
| | | |
| | | |
| (1,808,704 | ) |
Total consolidated cost of revenues | |
| | | |
| | | |
| | | |
$ | 63,598,608 | |
| |
| | | |
| | | |
| | | |
| | |
Segment gross profits | |
| 9,295,393 | | |
| 2,768,429 | | |
| 1,781,725 | | |
$ | 13,845,547 | |
| |
| | | |
| | | |
| | | |
| | |
Less: | |
| | | |
| | | |
| | | |
| | |
Advertising and marketing expenses | |
| 769,648 | | |
| 1,103,119 | | |
| 238,411 | | |
| | |
Amortization and depreciation | |
| 1,329,285 | | |
| - | | |
| 178,386 | | |
| | |
Provision for (recovery from) credit loss | |
| 16,517 | | |
| - | | |
| 17,536 | | |
| | |
Other operating expenses* | |
| 427,153 | | |
| 157,681 | | |
| 114,282 | | |
| | |
Professional fee | |
| 212,268 | | |
| 15,039 | | |
| 38,285 | | |
| | |
Rent | |
| 484,710 | | |
| 28,519 | | |
| 141,981 | | |
| | |
Salary expenses | |
| 2,911,500 | | |
| - | | |
| 1,051,711 | | |
| | |
Other income (expense), net | |
| (140,111 | ) | |
| (4,885 | ) | |
| (96,709 | ) | |
| | |
Interest expenses | |
| 191,154 | | |
| - | | |
| - | | |
| | |
Segment profit (loss) | |
| 3,093,269 | | |
| 1,468,956 | | |
| 97,842 | | |
$ | 4,660,067 | |
| |
| | | |
| | | |
| | | |
| | |
Reconciliation of profit or loss | |
| | | |
| | | |
| | | |
| | |
Less: Unallocated amounts | |
| | | |
| | | |
| | | |
| | |
Provision for credit loss | |
| | | |
| | | |
| | | |
| 300,000 | |
Other operating expenses | |
| | | |
| | | |
| | | |
| 14,415 | |
Professional fee | |
| | | |
| | | |
| | | |
| 694,381 | |
Other income (expense), net | |
| | | |
| | | |
| | | |
| (41,693 | ) |
Change in fair value of contingent consideration for acquisition | |
| | | |
| | | |
| | | |
| 932,152 | |
Income (loss) before income taxes | |
| | | |
| | | |
| | | |
$ | 2,760,812 | |
* | Other operating expenses primarily consist of office, entertainment,
travel, and other costs incurred in connection with the Company’s business operations. |
|