v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net loss $ (32,786,087) $ (276,438)
Net income from discontinued operations 36,255
Net loss from continuing operations (32,786,087) (312,693)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 158,604 219,397
Amortization of right-of-use assets 10,045 10,228
Amortization of intangible assets 18,750 18,750
Gain on disposal of equipment (14,663)
Excess of warrant fair value over offering proceeds 34,149,713
Offering costs allocated to derivative liabilities 770,000
Change in fair value of derivative liabilities (2,732,106) (77,182)
Change in operating assets and liabilities    
Accounts receivable 1,217
Finance lease receivables 21,038 36,982
Prepayments, other receivables and other assets (337,758) (81,164)
Due from a related party 14,696
Accounts payable (2,848) (4,550)
Advances from customers (10,797) (765)
Accrued expenses and other liabilities 25,943 3,050
Due to a related party (168,696)
Operating lease liabilities – a related party 2,519 6,932
Net Cash Used in Operating Activities from Continuing Operations (881,647) (179,798)
Net Cash Used in Operating Activities from Discontinued Operations (141,357)
Net Cash Used in Operating Activities (881,647) (321,155)
Cash Flows from Investing Activities:    
Purchases of property and equipment (61,875)
Cash received from disposal of property and equipment 22,337
Net Cash Used in Investing Activities from Continuing Operations (39,538)
Net Cash Used in Investing Activities from Discontinued Operations (385)
Net Cash Used in Investing Activities (39,538) (385)
Cash Flows from Financing Activities:    
Net proceeds from exercise of November 2021 Private Placement Warrants 226,000
Gross proceeds from issuance of common stock and warrant in Units Private Placement 11,000,000
Common stock and warrant issuance costs in Units Private Placement (770,000)
Borrowings from a related party 99,347
Net Cash Provided by Financing Activities from Continuing Operations 10,230,000 325,347
Net Cash Provided by Financing Activities from Discontinued Operations 52,124
Net Cash Provided by Financing Activities 10,230,000 377,471
Effect of exchange rate changes on cash and cash equivalents 831 (21,741)
Net increase in cash and cash equivalents 9,309,646 34,190
Cash and cash equivalents, beginning of the period 3,562,219 833,577
Cash and cash equivalents, end of the period 12,871,865 867,767
Less: Cash and cash equivalents from discontinued operations (77,532)
Cash and cash equivalents from continuing operations, end of the period 12,871,865 790,235
Non-cash Transaction in Investing and Financing Activities    
Recognition of right-of-use assets and lease liabilities, a related party 79,098
Cash and cash equivalents from continuing operations, end of the period 12,871,865 790,235
Cash and cash equivalents from discontinued operations, end of the period 77,532
Cash and cash equivalents from continuing operations, beginning of the period 3,562,219 701,302
Cash and cash equivalents from discontinued operations, beginning of the period $ 132,275