v3.26.1
Property and Equipment, Net
9 Months Ended
Dec. 31, 2025
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

 

Property and equipment as of December 31, 2025 and March 31, 2025 consist of the following:

 

    December 31,     March 31,  
    2025     2025  
    (Unaudited)     (Unaudited)  
Automobiles   $ 4,431,771     $ 4,356,020  
Office equipment, fixtures and furniture     43,124       41,558  
Subtotal     4,474,895       4,397,578  
Less: accumulated depreciation     (3,447,115 )     (2,747,591 )
Total property and equipment, net   $ 1,027,780     $ 1,649,987  

 

Depreciation expense for the three and nine months ended December 31, 2025 were $220,043 and $659,009, respectively.

 

Depreciation expense for the three and nine months ended December 31, 2024 were $225,782 and $687,984, respectively.