v3.26.1
SHAREHOLDERS' EQUITY (Tables)
 12 Months Ended
Mar. 31, 2026
SHAREHOLDERS' EQUITY [Abstract]  
Key Inputs Used in Binominal Pricing Model
The key inputs into the Binominal pricing model were as follows at their measurement dates:

Input
  
As of
November 18, 2024
  
Share price
  
$
3.91
  
Risk-free interest rate
    
4.41
%
Expected volatility
    
53.91
%
Exercise price
   $
 0 to 0.75
 
Expected dividend yield
    
0.00
%
Expected life (in years)
     0 to 10  
Summary of Activity under 2024 Plan
A summary of the activities of the 2024 Plan as of March 31, 2026 is as follows:

   
 As of March 31,
2026
  
  
  
Number of
restricted
shares
    
Weighted
average
grant date fair
value
    
Weighted
average
remaining
life (in years)
    

Aggregate
intrinsic
value
  
Outstanding, beginning of year
    
3,974,826
    
$
3.23
     0.88     $
 9,894,439  
Granted
    
—
    
$
—
                
Vested
    
(3,171,630
)
  
$
3.22
                
Outstanding, end of year
    
803,196
    
$
3.24
    
0.38
  
   $
2,003,687
  
Exercisable or convertible, end of year
    —
    $
—