v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Current assets    
Cash and cash equivalents $ 10,297,699 $ 261,355
Accounts receivable, net 436,633 0
Inventories 118,788 653,342
Amount due from related parties 40,000 0
Short-term investments 4,954,472 4,758,797
Prepaid expenses and other current assets 4,368,207 1,512,208
Total current assets 20,215,799 7,185,702
Property, plant and equipment, net 105,231 24,856
Intangible assets, net 5,375,713 10,751,426
Goodwill 10,936,855 17,500,601
Right-of-use assets 234,796 101,588
Total non-current assets 16,652,595 28,378,471
TOTAL ASSETS 36,868,394 35,564,173
Current liabilities    
Accounts payable 1,431,815 1,733,707
Other payables and accrued liabilities 593,187 2,621,563
Due to related parties 184,058 1,946,627
Taxes payable 107,786 0
Current maturities of operating lease liabilities 155,450 101,588
Total current liabilities 2,472,296 6,403,485
Non-current maturities of operating lease liabilities 82,194 0
Deferred tax liabilities 1,128,900 0
Other non-current liabilities 171,982 158,091
Total non-current liabilities 1,383,076 158,091
TOTAL LIABILITIES 3,855,371 6,561,576
SHAREHOLDERS' EQUITY    
Preferred shares, $0.000012 par value, 41,666 shares authorized and nil issued and outstanding as of March 31, 2026; $0.01 par value, 500,000 shares authorized and nil issued and outstanding as of March 31, 2025 0 0
Additional paid-in capital 111,854,111 91,318,726
Accumulated deficit (82,996,267) (70,262,448)
Accumulated other comprehensive income 2,390,701 2,527,322
Total Paranovus Entertainment Technology Ltd.'s shareholders' equity 31,248,555 24,256,900
Non-controlling interests 1,764,468 4,745,697
Total shareholders' equity 33,013,023 29,002,597
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 36,868,394 35,564,173
Class A Ordinary Shares    
SHAREHOLDERS' EQUITY    
Common stock, value 11 667,177
Class B Ordinary [Shares]    
SHAREHOLDERS' EQUITY    
Common stock, value $ 0 $ 6,123