| Schedule of Operating Results Reviewed by CODM |
The following table summarizes the operating results reviewed by CODM.
| |
|
For the Fiscal Years Ended
March 31, |
|
| |
|
2026 |
|
|
2025 |
|
| |
|
|
|
|
|
|
| Revenue |
|
$ |
166,263,870 |
|
|
$ |
145,812,006 |
|
| Less: Cost of goods sold |
|
|
139,480,501 |
|
|
|
123,492,561 |
|
| Gross profit |
|
|
26,783,369 |
|
|
|
22,319,445 |
|
| |
|
|
|
|
|
|
|
|
| Other income, net |
|
|
45,416 |
|
|
|
424,108 |
|
| |
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
| Staff payroll and other related cost |
|
|
9,300,872 |
|
|
|
7,958,548 |
|
| Inventory export and related cost |
|
|
2,783,046 |
|
|
|
2,991,097 |
|
| Depreciation |
|
|
460,867 |
|
|
|
465,022 |
|
| Other selling, general, and administrative expenses |
|
|
7,006,996 |
|
|
|
7,699,789 |
|
| Total selling, general, and administrative expenses |
|
|
19,551,781 |
|
|
|
19,114,456 |
|
| Stock-based compensation expenses |
|
|
904,171 |
|
|
|
1,758,146 |
|
| Interest expenses |
|
|
1,625,387 |
|
|
|
1,719,760 |
|
| Total expenses |
|
|
22,081,339 |
|
|
|
22,592,362 |
|
| |
|
|
|
|
|
|
|
|
| Net income before provision for income taxes |
|
$ |
4,747,446 |
|
|
$ |
151,191 |
|
|
| Schedule of Sales by Geographic Areas |
The following table summarizes sales by geographic
areas for the fiscal years ended March 31, 2026 and 2025, respectively.
| | |
For the Fiscal Years Ended
March 31, | |
| | |
2026 | | |
2025 | |
| United States | |
$ | 138,158,216 | | |
$ | 128,576,537 | |
| China, including Hong Kong | |
| 16,851,268 | | |
| 8,941,127 | |
| Korea | |
| 6,951,768 | | |
| - | |
| Jordan | |
| 2,198,380 | | |
| 3,081,278 | |
| Others | |
| 2,104,238 | | |
| 5,213,064 | |
| Total | |
$ | 166,263,870 | | |
$ | 145,812,006 | |
|