SUMMARY OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
3 Months Ended |
Jun. 30, 2026 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEDULE OF REMAINING PERFORMANCE OBLIGATION |
Remaining
Performance Obligations
SCHEDULE OF REMAINING PERFORMANCE OBLIGATION
Remaining
performance obligations represent contracted revenue that has not yet been recognized as the related performance obligations have not
been satisfied. The Company’s remaining performance obligations as of June 30, 2026 and March 31, 2026 consisted of the following:
| | |
June 30,
2026 | | |
March 31, 2026 | |
| Product | |
$ | 2,206,510 | | |
$ | 3,120,564 | |
| Service | |
| 1,272,994 | | |
| 1,520,941 | |
| Total | |
$ | 3,479,504 | | |
$ | 4,641,505 | |
| | |
| | | |
| | |
| Short-term — within 12 months | |
| 1,792,174 | | |
| 2,902,049 | |
| Long-term — 13 to 36 months | |
| 735,065 | | |
| 761,128 | |
| Long-term — 37 to 60 months | |
| 952,265 | | |
| 978,328 | |
| Total | |
$ | 3,479,504 | | |
$ | 4,641,505 | |
|
| SCHEDULE OF DEFERRED RECOGNIZED REVENUE |
Amount
to be recognized as revenue over next 12 months
SCHEDULE OF DEFERRED RECOGNIZED REVENUE
| | |
June
30,
2026 | | |
March 31, 2026 | |
| Deferred revenue | |
$ | 919,245 | | |
$ | 1,093,440 | |
Deferred
Revenue
| | |
June 30,
2026 | | |
March 31, 2026 | |
| Product | |
$ | - | | |
$ | - | |
| Service | |
| 919,245 | | |
| 1,093,440 | |
| Total | |
$ | 919,245 | | |
$ | 1,093,440 | |
| | |
June 30,
2026 | | |
March 31, 2026 | |
| Current | |
$ | 919,245 | | |
$ | 1,093,440 | |
| Non-current | |
| - | | |
| - | |
| Total | |
$ | 919,245 | | |
$ | 1,093,440 | |
|
| SCHEDULE OF CONTRACT BALANCES |
Contract
Balances
SCHEDULE OF CONTRACT BALANCES
| | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Allowance at beginning of period | |
$ | (1,976,180 | ) | |
$ | (875,518 | ) |
| (Provisions) / reversal | |
| (138,557 | ) | |
| (33,811 | ) |
| Write-offs | |
| 18,434 | | |
| - | |
| Recoveries | |
| - | | |
| - | |
| Allowance at end of period | |
$ | (2,096,303 | ) | |
$ | (909,329 | ) |
|
| SCHEDULE OF DISAGGREGATED REVENUE |
We
disaggregate our revenue into products, services and consulting revenue that depict the nature, amount, and timing of revenue and cash
flows for our various offerings.
SCHEDULE OF DISAGGREGATED REVENUE
| | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Product revenue | |
$ | 3,538,734 | | |
$ | 2,392,303 | |
| Service revenue | |
| 944,387 | | |
| 953,287 | |
| Consulting revenue | |
| 548,417 | | |
| 590,333 | |
| Total | |
$ | 5,031,538 | | |
$ | 3,935,923 | |
|
| SCHEDULE OF ESTIMATED USEFUL LIVES |
SCHEDULE OF ESTIMATED USEFUL LIVES
| Furniture
and fixtures |
|
5
to 10 years |
| Office
equipment and computers |
|
3
to 5 years |
| Vehicles |
|
5
years |
|
| SCHEDULE OF REVENUE FROM GEOGRAPHIC CONCENTRATIONS |
The
Company has no significant geographic concentrations in either trade accounts receivable or revenue.
SCHEDULE OF REVENUE FROM GEOGRAPHIC CONCENTRATIONS
| | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| United States | |
$ | 4,784,016 | | |
$ | 3,779,625 | |
| Rest of the World | |
| 247,522 | | |
| 156,298 | |
| Total | |
$ | 5,031,538 | | |
$ | 3,935,923 | |
|
| SCHEDULE OF CONCENTRATION RISK |
SCHEDULE OF CONCENTRATION RISK
| | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Partner A | |
| 33.92 | % | |
| 38.00 | % |
| Partner B | |
| 2.92 | % | |
| 3.81 | % |
| Partner C | |
| 1.60 | % | |
| 1.71 | % |
| Concentration risk percentage | |
| 1.60 | % | |
| 1.71 | % |
| | |
2026 | | |
2025 | |
| | |
Three Months Ended June 30, | |
| | |
2026 | | |
2025 | |
| Partner A | |
$ | 1,706,815 | | |
$ | 1,495,461 | |
| Partner B | |
| 146,687 | | |
| 149,854 | |
| Partner C | |
| 80,550 | | |
| 67,200 | |
| Revenue | |
| 80,550 | | |
| 67,200 | |
|