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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) from continuing operation $ (552,830) $ (3,063,537)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:    
Loss from disposal of discontinued operations 389,576
Depreciation and amortization 16,935
(Recovery of) provision for doubtful accounts (50,000) 1,541,880
Reduction in the carrying amount of right-of-use assets 3,762
Changes in operating assets and liabilities:    
Accounts receivable (358,234) 327,186
Prepayments and other assets (7,838,671) (341,594)
Inventories 459,110
Accounts payable 259,701
Accrued expenses and other current liabilities 204,286 65,384
Operating lease liabilities (21,822)  
Contract liabilities 3,448,242 220,644
Taxes payable 41,896 (2,183)
Net cash used in continuing operations (4,846,735) (403,534)
Net cash provided by discontinued operations 645,869
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (4,846,735) 242,335
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid in connection with acquisition (56,250,000)
Acquisitions of property, equipment and software (130,178)
Cash received from loan repayments 1,528,918
Net cash (used in) provided by continuing operations (56,380,178) 1,528,918
Net cash provided by discontinued operations
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (56,380,178) 1,528,918
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from private placement 62,568,014
Loan from third parties 4,645,463 350,000
Net cash provided by continuing operations 67,213,477 350,000
Net cash provided by discontinued operations
NET CASH PROVIDED BY FINANCING ACTIVITIES 67,213,477 350,000
EFFECT OF EXCHANGE RATE CHANGE ON CASH 206,752 185,605
NET INCREASE IN CASH 6,193,316 2,306,858
CASH AND CASH EQUIVALENTS - beginning of period 85,174,017 7,924,468
CASH AND CASH EQUIVALENTS - end of period 91,367,333 10,231,326
Less: cash and cash equivalents of discontinued operations at end of period 1,019,687
Cash and cash equivalents of continuing operations, at end of period $ 91,367,333 $ 9,211,639