| SCHEDULE OF OPERATING LEASES |
The
balances for the operating leases where the Company is the lessee are presented within the balance sheets as follows:
SCHEDULE
OF OPERATING LEASES
| | |
As of June 30, 2026 | | |
As of March 31, 2026 | |
| Operating leases: | |
| | | |
| | |
| Operating lease right-of-use assets | |
$ | 639,255 | | |
$ | 635,622 | |
| | |
| | | |
| | |
| Operating lease liabilities, current | |
$ | 173,255 | | |
$ | 164,391 | |
| Operating lease liabilities, noncurrent | |
| 467,562 | | |
| 454,404 | |
| Total operating lease liabilities | |
$ | 640,817 | | |
$ | 618,795 | |
| | |
| | | |
| | |
| Weighted average remaining lease term (in years) | |
| 4.32 | | |
| 4.52 | |
|
| SCHEDULE OF LEASES EXPENSES |
The
components of lease expenses for the three months ended June 30, 2026 and 2025 were as follows:
SCHEDULE
OF LEASES EXPENSES
| | |
2026 | | |
2025 | |
| | |
For the three months ended June 30, | |
| | |
2026 | | |
2025 | |
| Operating lease cost | |
$ | 57,674 | | |
$ | 14,801 | |
| Cost of other leases with period less than one year and variable lease costs | |
| 13,547 | | |
| 1,820 | |
| | |
| | | |
| | |
| Total lease expenses | |
$ | 71,221 | | |
$ | 16,621 | |
| | |
| | | |
| | |
| Weighted average discount rate (%) | |
| 3.63 | % | |
| 3.63 | % |
|
| SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES |
Supplemental
cash flow information related to leases for the three months ended June 30, 2026 and 2025 were as follows:
SCHEDULE
OF CASH FLOW INFORMATION RELATED TO LEASES
| Cash
paid for amounts included in the measurement of lease liabilities: | |
2026 | | |
2025 | |
| | |
For the three months ended June 30, | |
| Cash paid for amounts included in the measurement of lease liabilities: | |
2026 | | |
2025 | |
| Operating cash flows from operating leases | |
$ | 71,221 | | |
$ | 16,621 | |
| Supplemental noncash information: | |
| | | |
| | |
| Right-of-use assets obtained in exchange for lease obligation: | |
$ | 25,026 | | |
$ | - | |
|
| SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES |
As
of June 30, 2026, the maturities of operating lease liabilities (excluding short-term lease) are as follows:
SCHEDULE
OF MATURITIES OF OPERATING LEASE LIABILITIES
| As of June 30, | |
Operating Lease | |
| 2027 | |
$ | 113,702 | |
| 2028 | |
| 150,384 | |
| 2029 | |
| 127,954 | |
| 2030 | |
| 127,332 | |
| 2031 | |
| 131,152 | |
| Thereafter | |
| 44,038 | |
| Year five | |
| | |
| Total lease payments | |
| 694,562 | |
| Less: Imputed interest | |
| (53,745 | ) |
| Present value of lease liabilities | |
$ | 640,817 | |
| Less: current portion | |
| (173,255 | ) |
| Lease obligations, noncurrent | |
| 467,562 | |
As
of March 31, 2026, the maturities of operating lease liabilities (excluding short-term lease) are as follows:
| As of March 31, | |
Operating Lease | |
| Remainder of the year | |
| | |
| 2027 | |
$ | 183,904 | |
| Year one | |
$ | 183,904 | |
| 2028 | |
| 126,973 | |
| Year two | |
| 126,973 | |
| 2029 | |
| 117,382 | |
| Year three | |
| 117,382 | |
| Year four | |
| 117,382 | |
| 2031 | |
| 127,163 | |
| Year five | |
| 127,163 | |
| Total lease payments | |
| 672,804 | |
| Less: Imputed interest | |
| (54,009 | ) |
| Present value of lease liabilities | |
$ | 618,795 | |
| Less: current portion | |
| (164,391 | ) |
| Lease obligations, noncurrent | |
| 454,404 | |
|