| Schedule of Investments Net |
As of September 30, 2025 and March 31, 2026, investments consisted
of the following:
| | |
As of
September 30,
2025 | | |
As of
March 31,
2026 | |
| | |
| | |
(Unaudited) | |
| Long-term investments: | |
| | |
| |
| Investments accounted for using the equity method | |
| 11,272,414 | | |
| 11,323,147 | |
| Investments without readily determinable FVs | |
| 6,375,140 | | |
| 6,579,388 | |
| Total long-term investments | |
| 17,647,554 | | |
| 17,902,535 | |
| Impairment loss of long-term equity investments | |
| (6,643,439 | ) | |
| (6,579,388 | ) |
| Total long-term investments, net | |
$ | 11,004,115 | | |
$ | 11,323,147 | |
|
| Schedule of Long-Term Investment |
The movement of the carrying amount of long-term
investment was as follows for the six months ended March 31, 2025 and 2026
| | |
Six months ended
March 31, | |
| | |
2025 | | |
2026 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Beginning balance | |
$ | 14,857,156 | | |
$ | 11,004,115 | |
| Proportionate share of the equity investee’s net loss | |
| (93,799 | ) | |
| (33,003 | ) |
| Foreign currency translation adjustment | |
| (489,190 | ) | |
| 352,035 | |
| Ending balance | |
$ | 14,274,167 | | |
$ | 11,323,147 | |
|