11. Contract liabilities The movement of contract liabilities is as follow: | | | As of March 31, | | | | | 2026 | | | 2025 | | | Third parties | | | | | | | | Balance at beginning of the year | | $ | - | | | $ | - | | | Increase in contract liabilities as a result of billings in advance of performance obligation | | | 67,001 | | | | - | | | Balance at end of the year | | $ | 67,001 | | | $ | - | | | | | | | | | | | | | Related party | | | | | | | | | | Balance at beginning of the year | | $ | - | | | $ | - | | | Increase in contract liabilities as a result of billings in advance of performance obligation | | | 90,479 | | | | - | | | Balance at end of the year | | $ | 90,479 | | | $ | - | |
|