v3.26.1
Intangible Asset
 12 Months Ended
Mar. 31, 2026
Intangible Asset [Abstract]  
INTANGIBLE ASSET

NOTE 8 — INTANGIBLE ASSET

 

Intangible asset consisted of the following:

 

   March 31, 
   2026   2025 
At cost:        
Backlog  $2,338,028   $
    —
 
    2,338,028    
    —
 
Less: accumulated amortization   (438,380)   
    —
 
Total  $1,899,648   $
    —
 

 

The acquired backlog is considered a finite-lived intangible asset and is amortized on a straight-line basis over its estimated useful life of 32 months.

 

Amortization expense for the year ended March 31, 2026, 2025 and 2024 was $438,380, nil and nil, respectively.

 

The following table summarizes the estimated future amortization expense of the finite-lived intangible asset as of March 31, 2026:

 

For the year ending March 31,    
2027  $876,761 
2028   876,761 
2029   146,126 
Total remaining amortization expense  $1,899,648