v3.26.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Current Assets    
Cash $ 6,830,477 $ 624,583
Restricted cash 10,692,904 7,261,041
Receivables from broker-dealers and clearing organizations 6,240,472 1,108,468
Receivables from customers, net 2,512,479 623,977
Investment in equity securities 31,150
Inventories 947,571
Income tax recoverable 4,101
Prepayments, current 3,191,866 4,143,218
Other assets, current, net 52,420 10,524
Total current assets 30,503,440 13,772,983
Non-current assets    
Operating lease right-of-use assets 88,173 185,684
Deferred tax assets, net 45,560 23,909
Property and equipment, net 160,457 164,847
Intangible assets, net 11,101,539 64,268
Prepayments, non-current 1,619,424
Other assets, non-current, net 25,931 68,290
Total non-current assets 11,421,660 2,126,422
Total assets 41,925,100 15,899,405
Current liabilities    
Payables to customers 15,477,683 8,019,375
Payables to customers-related parties 152,348 176,367
Payables to broker-dealers and clearing organizations 1,296,470 229,895
Amounts due to related parties 16,473 260,064
Income tax payable 63,901
Operating lease liabilities, current 80,705 117,818
Accrued expenses and other liabilities 521,962 248,298
Total current liabilities 17,703,121 9,115,718
Non-current liabilities    
Operating lease liabilities, non-current 81,284
Total non-current liabilities 81,284
Total liabilities 17,703,121 9,197,002
Commitments and contingencies
Shareholders’ equity    
Ordinary shares value [1] 1,563
Additional paid-in capital 47,326,996 15,718,364
Accumulated deficit (22,824,842) (8,986,615)
Accumulated other comprehensive losses (310,348) (30,909)
Total shareholders’ equity 24,221,979 6,702,403
Total liabilities and shareholders’ equity 41,925,100 15,899,405
Class A ordinary shares    
Shareholders’ equity    
Ordinary shares value [1] 29,248
Class B ordinary shares    
Shareholders’ equity    
Ordinary shares value [1] 925
Related Party    
Current Assets    
Receivables from customers-related party, net 1,172
Current liabilities    
Amounts due to related parties 16,473 260,064
Contract liabilities 67,001
Contract liabilities-related party $ 90,479
[1] Shares and per share data presented for all periods have been retrospectively adjusted to reflect the 200-for-1 reverse share split of the Company’s Class A ordinary shares effected on March 6, 2026. The reverse share split has been applied retroactively to all Class A ordinary share amounts and per share data presented herein. Class B ordinary shares were not subject to the reverse share split.