v3.26.1
Property and equipment, net
3 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and equipment, net

6. Property and equipment, net

 

The components of property and equipment, net were as follows:

 

   As of
June 30, 2026
   As of
March 31, 2026
 
Computers   579,959    483,108 
Office equipment   328,234    348,867 
Motor Vehicle and other equipment   649,348    646,843 
Furniture & fixtures   86,703    86,492 
Electrical equipment   70,402    30,230 
Leasehold improvements   39,519    29,223 
Total   1,754,165    1,624,763 
Less: Accumulated depreciation   (1,184,614)   (1,087,766)
Property and equipment, net   569,551    536,997 

 

For the quarter ended June 30, 2026, the Company did not capitalize any property and equipment. For the year ended March 31, 2026, the Company capitalized property and equipment totaling $324,519.

 

Depreciation expense on property and equipment amounted to $160,397 and $449,030 for the quarter ended June 30, 2026 and the fiscal year ended March 31, 2026, respectively, of which $14,532 and $45,763, respectively, are related to computers.