| Accounts Receivable, Net |
Note
4 - Accounts Receivable, Net
| Schedule of accounts receivable, net | |
| | | |
| | |
| | |
March
31, |
| | |
2025 | |
2024 |
| Accounts receivable | |
$ | 4,862,723 | | |
$ | 2,944,486 | |
| Less: Allowance for credit losses | |
| (1,552,580 | ) | |
| (1,159,182 | ) |
| Accounts
receivable, net | |
$ | 3,310,143 | | |
$ | 1,785,304 | |
The following table represent the movement of the allowance for doubtful
accounts:
| Schedule of allowance for doubtful
accounts |
|
|
|
|
|
|
|
|
| |
|
For
the Years Ended March 31, |
| |
|
2025 |
|
2024 |
| Balance
at the beginning of the year |
|
$ |
1,159,182 |
|
|
$ |
787,417 |
|
| Additions
charged to bad debt expense |
|
|
401,448 |
|
|
|
412,316 |
|
| Foreign
exchange gain |
|
|
(8,050 |
) |
|
|
(41,551 |
) |
| Balance
at the end of the year |
|
$ |
1,552,580 |
|
|
$ |
1,159,182 |
|
As of July 18, 2025, approximately $0.6 million, or
12%, of the accounts receivable balance as of March 31, 2025 has been collected.
|