| Schedule of Accounts Receivable and Subsequent Collection by Aging Bucket |
The following table summarizes the Company’s outstanding accounts receivable and subsequent collection
by aging bucket:
| Accounts receivable by aging bucket | |
Balance as of
March 31,
2026 | | |
Subsequent
collection (1) | | |
% of
subsequent
collection(1) | |
| Overdue but within 1 year | |
$ | 486,928 | | |
$ | 485,652 | | |
| 99.7 | % |
| Not yet due | |
| 2,344,136 | | |
| 2,331,852 | | |
| 99.5 | % |
| Total gross accounts receivable | |
| 2,831,064 | | |
| 2,817,504 | | |
| 99.5 | % |
| Allowance for credit losses | |
| - | | |
| - | | |
| - | |
| Accounts receivable | |
$ | 2,831,064 | | |
$ | 2,817,504 | | |
| 99.5 | % |
| Accounts receivable by aging bucket | |
Balance as of
March 31,
2025 | | |
Subsequent
collection (2) | | |
% of
subsequent
collection(2) | |
| Overdue but within 1 year | |
$ | 541,427 | | |
$ | 541,425 | | |
| 100.0 | % |
| Not yet due | |
| 1,953,874 | | |
| 1,953,876 | | |
| 100.0 | % |
| Total gross accounts receivable | |
| 2,495,301 | | |
| 2,495,301 | | |
| 100.0 | % |
| Allowance for credit losses | |
| - | | |
| - | | |
| - | |
| Accounts receivable | |
$ | 2,495,301 | | |
$ | 2,495,301 | | |
| 100.0 | % |
| (1) | The amount of subsequent collection is as of July 15, 2026. | | | | | (2) | As of May 22, 2026, 100.0% of the balance had been collected. |
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