v3.26.1
Fair Value Measurement
 12 Months Ended
Mar. 31, 2026
Fair Value Measurement [Abstract]  
Fair Value Measurement

7. Fair Value Measurement

 

The following table presents information about the Company’s assets by major category measured at fair value on a recurring basis as of March 31, 2026 and 2025, and indicates the fair value hierarchy of the valuation technique utilized by the Company to determine such fair value. Assets measured at fair value on a recurring basis as of March 31, 2026 and 2025:

 

    March 31, 2026  
    Carrying     Fair Value  
    Value     Level 1     Level 2     Level 3     Total  
Assets:                              
Securities owned, at fair value   $ 710,632     $ 710,632     $ -     $ -     $ 710,632  
Foreign currency forward contracts     (400 )             (400 )     -       (400 )
Total assets at fair value   $ 710,232     $ 710,632     $ (400 )   $ -     $ 710,232  

 

    March 31, 2025  
    Carrying     Fair Value  
    Value     Level 1     Level 2     Level 3     Total  
Assets:                              
Securities owned, at fair value   $ 531,189     $ 531,189     $ -     $ -     $ 531,189  
Foreign currency forward contracts     (50,669 )     -       (50,669 )     -       (50,669 )
US Treasury notes     968,398       968,398       -       -       968,398  
Total assets at fair value   $ 1,448,918     $ 1,499,587     $ (50,669 )   $ -     $ 1,448,918  

  

There was no transfer between any levels during the years ended March 31, 2026 and 2025.