v3.26.1
Condensed financial information of the Company (Tables)
 12 Months Ended
Mar. 31, 2026
Condensed Financial Information Disclosure [Abstract]  
Summary of condensed balance sheet

The following is the condensed financial information of the Company on a parent company only basis.

Condensed balance sheets

  

       
   As of March 31, 
   2026   2025 
ASSETS        
Current assets:          
Cash and cash equivalents  $862   $207,511 
Deferred expenses   —    52,500 
Amounts due from subsidiaries   3,719,219    3,701,752 
Amounts due from related parties   -    93,686 
Investment in subsidiaries   4,344,752    10,595,038 
TOTAL ASSETS  $8,064,833   $14,650,487 
LIABILITIES          
Current liabilities:          
Amounts due to related parties   —    7,107 
Interest payable   61,482      
Accrued expenses and liabilities   208,267    297,405 
Promissory note to related parties   1,000,000    600,000 
TOTAL LIABILITIES  $1,269,749   $904,512 
           
SHAREHOLDERS’ EQUITY:          
Ordinary shares, par value $0.0002 per share, 500,000,000 shares authorized; 16,199,451 and 15,929,451 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively   3,240    3,186 
Preference shares, par value $0.0002 per share, 5,000,000 shares authorized; 1,000,000 and 0 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively   200    - 
Additional paid-in capital   19,072,173    17,872,227 
Statutory reserve   —    40,590 
Accumulated deficit   (12,690,751)   (4,232,288)
Accumulated other comprehensive income   410,222    62,260 
TOTAL SHAREHOLDERS’ EQUITY  $6,795,084   $13,745,975 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY  $8,064,833   $14,650,487 
Summary of condensed statements of income

Condensed statements of loss

  

          
   For the years ended March 31, 
   2026   2025   2024 
Revenue  $—   $—   $— 
Cost of revenue   —    —    — 
Gross profit   —    —    — 
Operating expenses:               
General and administrative expenses  $(1,898,577)  $(1,413,467)  $(825,582)
Share of loss in subsidiaries   (6,548,341)   (6,155,143)   (4,629,554)
Others, net   (52,135)   (12,842)   732,990 
Loss before income tax provision   (8,499,053)   (7,581,452)   (4,722,146)
Provision for income tax   —    —    — 
Net loss  $(8,499,053)  $(7,581,452)  $(4,722,146)
Summary of Condensed Statements of Comprehensive Income

Condensed statements of comprehensive loss

  

          
   For the years ended March 31, 
   2026   2025   2024 
Net loss  $(8,499,053)  $(7,581,452)  $(4,722,146)
Other comprehensive income/(loss)   347,962    107,698    (733,539)
Total comprehensive loss  $(8,151,091)  $(7,473,754)  $(5,455,685)
Summary of Condensed Cash Flow

Condensed cash flow

  

          
   For the years ended March 31, 
   2026   2025   2024 
Net cash used in operating activities  $(606,950)  $(624,183)  $(966,510)
Net cash used in investing activities   —    —    — 
Net cash provided by financing activities   400,000    600,000    — 
Net cash outflow  $(206,950)  $(24,183)  $(966,510)