v3.26.1
PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET
12 Months Ended
Mar. 31, 2026
Prepaid Expenses And Other Current Assets Net  
PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET

5. PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET

 

   2025   2026 
   As of March 31, 
   2025   2026 
   US$   US$ 
Current        
Deposits   188,277    153,226 
GST receivables   36,649    43,889 
Prepaid expenses   253,416    1,052,482 
Deferred initial public offering (“IPO’’) costs   715,630    - 
Prepaid expenses and other current assets, net    1,193,972    1,249,597 
           
Non- Current          
Prepaid expenses, non-current   -    1,811,250 
Prepaid expenses and other non current assets, net    -    1,811,250 

 

Prepaid expenses primarily comprise advance payments for professional services, business consultancy services, insurance premiums and subscription fees. Amounts expected to be recognized as expense beyond one year are classified as non-current prepaid expenses.

 

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS