v3.25.2
Leases (Tables)
3 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Operating Right-of-Use (“ROU”) Assets and Lease Liabilities

The Company’s operating right-of-use (“ROU”) assets and lease liabilities were as follows:

 

   June 30,
2025
   March 31,
2025
 
Operating ROU:        
ROU assets  $8,584,684   $10,933,068 
Total operating ROU assets  $8,584,684   $10,933,068 

 

   June 30,
2025
   March 31,
2025
 
Operating lease obligations:        
Current operating lease liabilities  $2,106,614   $2,617,762 
Non-current operating lease liabilities   7,217,325    9,106,928 
Total lease liabilities  $9,323,939   $11,724,690 

Remaining lease term and discount rate:

 

Weighted average annual discount rate   7.3%
Weighted average remaining lease term (years)   4.34 years

Remaining lease term and discount rate:

 

Weighted average annual discount rate   7.2%
Weighted average remaining lease term (years)   4.67 years
Schedule of Future Minimum Lease Liabilities

As of June 30, 2025, future minimum lease liabilities, all under office and facilities non-cancellable operating lease agreements, were as follows:

 

Twelve months ending June 30,  Operating
Lease
Liabilities
 
2026  $2,698,678 
2027   2,676,687 
2028   2,468,939 
2029   1,856,316 
2030   387,789 
Thereafter   882,555 
Total lease payments   10,970,964 
Less: interest   (1,647,025)
Present value of lease liabilities  $9,323,939