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RISKS, COMMITMENTS AND CONTINGENCIES
3 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
RISKS, COMMITMENTS AND CONTINGENCIES

NOTE 15 – RISKS, COMMITMENTS AND CONTINGENCIES

 

Litigations and claims

 

To the best of the Company’s knowledge and based on information available as of June 30, 2026, the Company is not involved in any material claims or legal actions arising from the ordinary course of business. However, the Company is exposed to various risks and uncertainties that could potentially result in litigation or claims in the future. The Company continuously evaluates these contingencies and will adjust its disclosures as necessary.

 

Concentration Risks

 

For the three months ended June 30, 2026, the Company derived 19% and 71% of its revenue from two customers. Additionally, the Company has only one supplier for its primary service.

 

For the three months ended June 30, 2025, 100% of the Company’s revenue was derived from a single customer. As of June 30, 2025, 100% of the Company’s accounts receivable balance was due from this customer.

 

The Company is economically dependent on limited customer and supplier, and the loss of its relationship with the customer and supplier could have a material adverse effect on its financial condition, results of operations, and cash flows.