v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (3,939,083) $ (2,008,648)
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on disposal of property and equipment 68,188
Gain on termination of operating lease (28,084)
Expected credit losses 1,091,537
Depreciation expense 159,442 212,792
Amortization expense 27,702 27,315
Deferred income taxes benefits (42,861)
Amortization of operating lease right-of-use assets 414,809 828,458
Inventories reserve 254,041 229,780
Changes in operating assets and liabilities:    
Accounts receivable (1,603,064) (605,435)
Inventories 62,264 (63,902)
Prepayments and other receivables 722,515 (1,974,220)
Prepayments for operation services to a related party 45,000
Security deposits 39,377 2,148
Long-term prepayment for software development 1,800,000
Accounts payable 656,103 (853,177)
Accrued expenses and other payables 369,019 (345,649)
Accrued expenses and other payables – a related party (225)
Operating lease liabilities (430,745) (803,823)
Taxes payable 214,232
Net cash used in operating activities (190,160) (5,284,034)
Cash flows from investing activities    
Purchases of properties and equipment (2,205) (141,624)
Cash released from disposal of entities (119,720)
Repayment from a related party
Advance to a related party (9,775) (147,288)
Net cash used in investing activities (11,980) (408,632)
Cash flows from financing activities    
Proceeds from borrowings 1,917,100
Repayments of borrowings (2,815) (601,995)
Payments of offering cost (516,490)
Net proceeds from issuance of common stock 6,373,000
Net cash provided by financing activities (2,815) 7,171,615
Net changes in cash including cash classified within current assets held for sale (204,955) 1,478,949
Effect of exchange rate changes on cash 22,354
Less: net change in cash classified within current assets held for sale (7,117)
Cash at beginning of the period 265,236 840,102
Cash at the end of the period 60,281 2,334,288
Supplemental disclosure of cash flow information    
Cash paid for interest expense 136,921 546,234
Cash paid for income taxes 42,640
Supplemental disclosure of non-cash investing and financing activities    
Purchase of software and office by using previous prepayments 136,580
Properties used for rental services 49,811
Uncollected proceeds from disposal of subsidiaries 1,946,648 526,779
Termination of operating lease right-of-use assets and operating lease liabilities $ 280,060 $ 3,089,912