v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities:    
Net loss $ (3,969,650) $ (1,771,649)
Net loss from discontinued operations (102,603) (779,463)
Net loss from continuing operations (3,867,047) (992,186)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation of property and equipment 659,009 687,984
Stock compensation expense 250,000
Amortization of right-of-use assets 29,454 43,639
Amortization of intangible assets 56,250 56,250
Provision for credit losses 427,764 199,365
Gain on disposal of equipment (4,133) (4,030)
Gain from debt forgiveness (212,581)
Loss from lease modification 20,449
Excess of warrant fair value over offering proceeds 2,896,455
Offering costs allocable to derivative liabilities 12,575
Change in fair value of derivative liabilities (893,714) (105,900)
Change in operating assets and liabilities    
Accounts receivable 7,900 7,961
Finance lease receivables 122,092 106,866
Prepayments, other receivables and other assets 51,505 77,153
Due from a related party 75,000
Accounts payable (26,344) 78,699
Advances from customers (24,865) (17,541)
Accrued expenses and other liabilities (320,127) 209,464
Operating lease liabilities (7,574)
Operating lease liabilities – a related party (32,289) (41,603)
Net Cash (Used in) Provided by Operating Activities from Continuing Operations (793,096) 318,996
Net Cash (Used in) Provided by Operating Activities from Discontinued Operations (465,097) 229,446
Net Cash (Used in) Provided by Operating Activities (1,258,193) 548,442
Cash Flows from Investing Activities:    
Purchases of property and equipment (418)
Cash received from disposal of property and equipment 5,710 16,804
Loan to a related party (229,469)
Net Cash Used in Investing Activities from Continuing Operations (223,759) 16,386
Net Cash Provided by Investing Activities from Discontinued Operations (464,594)
Net Cash Used in Investing Activities (223,759) (448,208)
Cash Flows from Financing Activities:    
Net proceeds from exercise of November 2021 Private Placement Warrants 341,251
Net proceeds from issuance of common stock in PIPE Offering 659,992
Net proceeds from issuance of common stock and pre-funded warrants in registered direct offering and concurrent private placement of warrants 2,828,725
Borrowings from related parties 277,165 79,872
Repayments to a related party (127,514)
Net Cash Provided by Financing Activities from Continuing Operations 3,979,619 79,872
Net Cash Provided by (Used in) Financing Activities from Discontinued Operations 80,100 (97,400)
Net Cash Provided by (Used in) Financing Activities 4,059,719 (17,528)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 134,484 71,882
Net increase in cash, cash equivalents and restricted cash 2,712,251 154,588
Cash, cash equivalents and restricted cash, beginning of the period 833,577 794,636
Cash, cash equivalents and restricted cash, end of the period 3,545,828 949,224
Less: Cash, cash equivalents and restricted cash from discontinued operations (37,602) (95,503)
Cash and cash equivalents from continuing operations, end of the period 3,508,226 853,721
Supplemental Cash Flow Information    
Cash paid for interest expense
Cash paid for income tax
Non-cash Transaction in Investing and Financing Activities    
Termination of right-of use assets and lease liabilities 46,762
Recognition of right-of-use assets and lease liabilities, a related party 76,973
Cash and cash equivalent from continuing operations, end of the period 3,508,226 853,721
Cash, cash equivalent and restricted cash from discontinued operations, end of the period 37,602 95,503
Cash and cash equivalent from continuing operations, beginning of the period 701,302 649,591
Cash and cash equivalent from discontinued operations, beginning of the period 132,275 142,708
Restricted cash from continuing operations, beginning of the period $ 2,337