v3.26.1
Accounts Receivable, Net
 12 Months Ended
Mar. 31, 2026
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 4 — ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consists of the following:

 

    March 31,
2026		     March 31,
2025		  
Accounts receivable   $ 18,949,303     $ 22,101,932  
Less: allowance for expected credit loss     (3,970,434 )     (2,957,829 )
    $ 14,978,869     $ 19,144,103  

 

The movement of allowance for expected credit loss is as follow:

 

    March 31,
2026		     March 31,
2025		  
Balance at beginning of the year   $ 2,957,829     $ 1,642,216  
Provision     834,139       1,331,258  
Exchange adjustment     178,466       (15,645 )
Ending balance   $ 3,970,434     $ 2,957,829  

 

As of and through July 31, 2026, the Company has received approximately $8.6 million in settlement of accounts receivable from its customers.