Condensed Financial Information of the Parent Company (Tables)
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12 Months Ended |
Mar. 31, 2026 |
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| Condensed Financial Information of the Parent Company [Abstract] |
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| Schedule of Condensed Balance Sheets |
CONDENSED BALANCE SHEETS | | | As of March 31, | | | | | 2026 | | | 2025 | | | Cash and cash equivalents | | $ | 2,571 | | | $ | 2,279 | | | Intercompany receivables | | | 184,752,062 | | | | 202,627,825 | | | Total current assets | | $ | 184,754,633 | | | $ | 202,630,104 | | | Total non-current assets | | | — | | | | — | | | Total Assets | | $ | 184,754,633 | | | $ | 202,630,104 | | | | | | | | | | | | | Total current liabilities | | | 3,820,021 | | | | 3,510,959 | | | Total non-current liabilities | | | — | | | | — | | | Total Liabilities | | $ | 3,820,021 | | | $ | 3,510,959 | | | | | | | | | | | | | Total Shareholders’ Equity | | | 180,934,612 | | | | 199,119,145 | | | Total Liabilities and Equity | | $ | 184,754,633 | | | $ | 202,630,104 | |
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| Schedule of Condensed Statements of Operations and Comprehensive Loss |
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS | | | For the years ended March 31, | | | | | 2026 | | | 2025 | | | 2024 | | | Total revenue, net | | $ | — | | | $ | — | | | $ | — | | | Total costs and expenses | | | 1,231,452 | | | | 1,288,585 | | | | 2,122,139 | | | Loss from subsidiaries and VIEs | | | 17,440,450 | | | | 133,688,784 | | | | 7,336,645 | | | Total other expenses (income), net | | | (292 | ) | | | — | | | | — | | | (Loss) income from continuing operations before income tax expenses | | $ | (18,671,610 | ) | | $ | (134,977,369 | ) | | $ | (9,458,784 | ) | | Less: income tax expense (benefit) | | | - | | | | - | | | | - | | | Net (loss) income from continuing operations | | $ | (18,671,610 | ) | | $ | (134,977,369 | ) | | $ | (9,458,784 | ) | | Total gain (loss) from discontinued operations | | | - | | | | - | | | | - | | | Net (loss) income | | $ | (18,671,610 | ) | | $ | (134,977,369 | ) | | $ | (9,458,784 | ) |
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| Schedule of Condensed Statements of Cash Flows |
CONDENSED STATEMENTS OF CASH FLOWS
| | | For The Years Ended March 31, | | | | | 2026 | | | 2025 | | | 2024 | | | | | | | | | | | | | | CASH FLOWS FROM OPERATING ACTIVITIES: | | | | | | | | | | | Net loss | | $ | (18,671,610 | ) | | $ | (134,977,369 | ) | | $ | (9,458,784 | ) | | Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | | | | | | | | | Provision for doubts accounts | | | — | | | | — | | | | 5,795 | | | Equity in loss of subsidiaries | | | 17,440,450 | | | | 134,688,784 | | | | 7,336,654 | | | Changes in operating assets and liabilities: | | | | | | | | | | | | | | Accrued expenses and other current liabilities | | | 309,062 | | | | 417,267 | | | | 502,018 | | | NET CASH USED IN OPERATING ACTIVITIES | | $ | (922,097 | ) | | $ | (871,318 | ) | | $ | (1,614,326 | ) | | | | | | | | | | | | | | | | CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | | | | | | | | | | Proceeds from private placement offering, net of offering costs | | $ | — | | | $ | 195,884,024 | | | $ | 139,339,849 | | | Collection from (loan to) subsidiaries | | | 922,389 | | | | (195,012,706 | ) | | | (137,727,716 | ) | | NET CASH PROVIDED BY FINANCING ACTIVITIES | | $ | 922,389 | | | $ | 871,318 | | | $ | 1,612,133 | | | NET INCREASE (DECREASE) IN CASH | | $ | 292 | | | $ | - | | | $ | (2,193 | ) | | CASH-beginning of year | | | 2,279 | | | | 2,279 | | | | 4,472 | | | CASH-end of year | | $ | 2,571 | | | $ | 2,279 | | | $ | 2,279 | | | SUPPLEMENTAL CASH FLOW DISCLOSURES: | | | | | | | | | | | | | | Cash paid for income tax | | | — | | | | 2,982 | | | | 24,988 | | | Cash paid for interest | | | — | | | | — | | | | 111,563 | |
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