| Accounts Receivable, Net |
Note 4 - Accounts Receivable, Net
| Schedule of accounts receivable, net |
|
|
|
|
|
|
|
|
| |
|
As of March 31, |
| |
|
2026 |
|
2025 |
| Accounts receivable |
|
$ |
4,267,086 |
|
|
$ |
4,862,723 |
|
| Less: Allowance for credit losses |
|
|
(3,426,877 |
) |
|
|
(1,552,580 |
) |
| Accounts receivable, net |
|
$ |
840,209 |
|
|
$ |
3,310,143 |
|
The following table represents the movement of the allowance for doubtful
accounts:
| Schedule of allowance for doubtful
accounts |
|
|
|
|
|
|
|
|
| |
|
For the Years Ended March 31, |
| |
|
2026 |
|
2025 |
| Balance at the beginning of the year |
|
$ |
1,552,580 |
|
|
$ |
1,159,182 |
|
| Additions provision for credit losses |
|
|
1,742,065 |
|
|
|
401,448 |
|
| Foreign exchange differences |
|
|
132,232 |
|
|
|
(8,050 |
) |
| Balance at the end of the year |
|
$ |
3,426,877 |
|
|
$ |
1,552,580 |
|
As of July 20, 2026, approximately $0.75 million, or
18%, of the accounts receivable balance as of March 31, 2026 has been collected.
|