v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Current assets:    
Cash $ 178,057 $ 1,033,466
Restricted cash-held by affiliate 1,680,000 1,680,000
Prepaid expense 43,181 59,510
Contract assets 8,777 3,053
Account receivables, net 3,698 3,700
Deferred offering costs 1,100,000 1,100,000
Total current assets 3,013,713 3,879,729
NON-CURRENT ASSETS:    
Rent deposit 123,658 122,857
Right-of-use asset - operating lease 639,255 635,622
Property, plant and equipment, net 856,613 896,984
Intangible assets, net 15,178,818 16,072,093
Total non-current assets 16,798,344 17,727,556
Total assets 19,812,057 21,607,285
Current liabilities:    
Account payable 374,074 515,951
Accrued liabilities 5,968,839 6,043,346
Contract liabilities 62,142 62,191
Current maturities of loan payable 1,505 22,192
Due to related parties 114,528 286,160
Operating lease liabilities 173,255 164,391
Commitment fee payable 897,175 897,175
Total current liabilities 7,591,518 7,991,406
Non-Current liabilities:    
Loan payable, net of current 468,375 448,057
Operating lease liabilities 467,562 454,404
Total non-current liabilities 935,937 902,461
Total liabilities 8,527,455 8,893,867
Mezzanine Equity    
Preferred stock payable 471,000
Total mezzanine equity 1,881,916 1,730,404
Shareholders’ equity:    
Additional paid-in capital 19,815,987 19,464,439
Share payable 535,520 535,520
Accumulated deficit (11,060,535) (9,126,384)
Accumulated other comprehensive income 65,343 64,008
Total shareholders’ equity (deficit) 9,402,686 10,983,014
Total liabilities, Mezzanine Equity and shareholders’ equity 19,812,057 21,607,285
Series A Convertible Preferred Stock [Member]    
Mezzanine Equity    
Series A Convertible Redeemable Preferred Shares, $0.001 par value, 20,000,000 shares authorized as of June 30, 2026 and March 31, 2026, respectively, 1,080 and 1,380 shares issued and outstanding as of June 30, 2026 and March 31, 2026, respectively. 1,410,916 1,730,404
Common Class A [Member]    
Shareholders’ equity:    
Ordinary shares 26,371 25,431
Common Class B [Member]    
Shareholders’ equity:    
Ordinary shares $ 20,000 $ 20,000