XML 46 R35.htm IDEA: XBRL DOCUMENT v3.24.3
LEASE (Tables)
6 Months Ended
Sep. 30, 2024
Lease  
SCHEDULE OF LEASE EXPENSES

The following table summarizes the components of lease expense:

 

                 
   Three months ended
September 30,
   Six months ended
September 30,
 
   2024   2023   2024   2023 
Operating lease cost   265,894    31,363    524,976    74,801 
Short-term lease cost   32,408    34,493    68,871    58,050 
Lease Cost  $298,302   $65,856   $593,847   $132,851 
SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES

The following table summarizes supplemental information related to leases:

 

                 
   Three months ended
September 30,
   Six months ended
September 30,
 
   2024   2023   2024   2023 
Cash paid for amounts included in the measurement of lease liabilities                    
Operating cash flow from operating leases  $298,302   $65,856    593,847    132,851 
Right-of-use assets obtained in exchange for new operating leases liabilities   1,096,683    19,511,181    1,233,672    19,512,400 
Weighted average remaining lease term - Operating leases (years)   13.9    14.9    13.9    14.9 
Weighted average discount rate - Operating leases   4.90%   4.90%   4.90%   4.90%
SCHEDULE OF MATURITY OF OPERATING LEASE LIABILITY

The following table summarizes the maturity of operating lease liabilities:

 

Years ending September 30  Lease cost 
2025  $1,120,463 
2026   1,023,446 
2027   1,023,446 
2028   2,029,793 
2029 and there after   24,796,599 
Total lease payments   29,993,747 
Less: Interest   (9,699,440)
Total  $20,294,307 
SCHEDULE OF FUTURE MINIMUM RENT RECEIVABLE

The future minimum rental receivable under non-cancellable operating leases contracted for the reporting period are as follows:

 

Years ending September 30  Lease income 
2025  $216,211 
2026   286,740 
2027   334,559 
2028   89,745 
2029 and there after   - 
Total  $927,255