| DISAGGREGATED REVENUE |
|
11.
|
DISAGGREGATED REVENUE
|
In addition to the information shown in the above disclosures, the revenue from contracts with customers within FASB ASC 606 and other
sources of revenue is disaggregated as follow:
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For the years ended March 31,
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2026
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|
|
2025
|
|
|
2024
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|
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Point in
time
|
|
|
Over
time
|
|
|
Total
|
|
|
Point in
time
|
|
|
Over
time
|
|
|
Total
|
|
|
Point in
time
|
|
|
Over
time
|
|
|
Total
|
|
|
Revenue from contracts with customers
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Brokerage and commission income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
Brokerage and commission and handling charge income*
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|
$
|
5,692,160
|
|
|
$
|
—
|
|
|
$
|
5,692,160
|
|
|
$
|
507,728
|
|
|
$
|
—
|
|
|
$
|
507,728
|
|
|
$
|
644,861
|
|
|
$
|
—
|
|
|
$
|
644,861
|
|
|
Brokerage and commission income and handling charges – related party*
|
|
|
1,390,497
|
|
|
|
—
|
|
|
|
1,390,497
|
|
|
|
2,539,260
|
|
|
|
—
|
|
|
|
2,539,260
|
|
|
|
1,757,731
|
|
|
|
—
|
|
|
|
1,757,731
|
|
|
Bond distribution commission income
|
|
|
65,603
|
|
|
|
—
|
|
|
|
65,603
|
|
|
|
1,316,684
|
|
|
|
—
|
|
|
|
1,316,684
|
|
|
|
5,827,674
|
|
|
|
—
|
|
|
|
5,827,674
|
|
|
Margin financing services
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
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Interest income
|
|
|
—
|
|
|
|
1,638,632
|
|
|
|
1,638,632
|
|
|
|
—
|
|
|
|
135,938
|
|
|
|
135,938
|
|
|
|
—
|
|
|
|
150,819
|
|
|
|
150,819
|
|
|
Interest income – related party
|
|
|
—
|
|
|
|
452,808
|
|
|
|
452,808
|
|
|
|
—
|
|
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|
1,040,634
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|
|
|
1,040,634
|
|
|
|
—
|
|
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|
1,016,179
|
|
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|
1,016,179
|
|
|
Software licensing (including subscription based) and related support services
|
|
|
|
|
|
|
|
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|
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|
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|
|
|
|
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|
|
|
|
|
|
|
|
|
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|
|
|
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Software license
|
|
|
—
|
|
|
|
—
|
|
|
|
—
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|
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|
500,000
|
|
|
|
—
|
|
|
|
500,000
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
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|
SaaS service
|
|
|
— |
|
|
|
122,960 |
|
|
|
122,960 |
|
|
|
— |
|
|
|
92,391 |
|
|
|
92,391 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
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|
M&S
|
|
|
—
|
|
|
|
800,000
|
|
|
|
800,000
|
|
|
|
—
|
|
|
|
9,826
|
|
|
|
9,826
|
|
|
|
—
|
|
|
|
176,303
|
|
|
|
176,303
|
|
|
M&S – related party
|
|
|
—
|
|
|
|
400,000
|
|
|
|
400,000
|
|
|
|
—
|
|
|
|
1,200,000
|
|
|
|
1,200,000
|
|
|
|
—
|
|
|
|
1,197,551
|
|
|
|
1,197,551
|
|
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Other sources of revenue
|
|
|
|
|
|
|
|
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|
|
|
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|
|
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|
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Principal transactions and proprietary trading
|
|
|
520,264
|
|
|
|
—
|
|
|
|
520,264
|
|
|
|
105,483
|
|
|
|
—
|
|
|
|
105,483
|
|
|
|
(715,309)
|
|
|
|
—
|
|
|
|
(715,309
|
)
|
|
Total revenues
|
|
$
|
7,668,524
|
|
|
$
|
3,414,400
|
|
|
$
|
11,082,924
|
|
|
$
|
4,969,155
|
|
|
$
|
2,478,789
|
|
|
$
|
7,447,944
|
|
|
$
|
7,514,957
|
|
|
$
|
2,540,852
|
|
|
$
|
10,055,809
|
|
| |
*
|
Total handling charge
income, including amounts from a related party, was $3,922,000, $281,000 and $221,000 for the years
ended March 31, 2026, 2025 and 2024, respectively.
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|