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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) - USD ($)
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
REVENUES      
REVENUES $ 6,311,725 $ 1,772,502 $ 6,959,372
Tax and surcharges (633) (17,567) (44,898)
Net Revenues 6,311,092 1,754,935 6,914,474
Cost of goods sold 5,394,866    
Gross Profit 916,226 1,754,935 6,914,474
OPERATING EXPENSE      
Service and development 421,186 544,572 1,032,562
Sales and marketing 240,927 1,087,009 1,462,798
General and administrative 14,996,104 27,217,613 20,488,796
Impairment charge on long-term investments 0 1,600,000 29,189,836
Finance cost 804,138 2,154,621 2,498,706
Share-based compensation 391,625 55,468 347,466
Total Operating Expenses 16,853,980 32,659,283 55,020,164
LOSS FROM CONTINUING OPERATIONS (15,937,754) (30,904,348) (48,105,690)
OTHER INCOME (EXPENSE)      
Other income 40,776 100,067 1,239,705
Other expense (821,322) (264,985) (7,545)
Total Other Income (Expense), net (780,546) (164,918) 1,232,160
(LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (16,718,300) (31,069,266) (46,873,530)
PROVISION FOR INCOME TAXES 131,433 482,976 489,955
NET (LOSS) FROM CONTINUING OPERATIONS (16,849,733) (31,552,242) (47,363,485)
Net loss income from discontinued operations, net of income taxes   (6,439,549) (23,834,894)
Gain from disposal of discontinued operations, net of income taxes   3,164,802  
Total loss from discontinued operations   (3,274,747) (23,834,894)
NET (LOSS) (16,849,733) (34,826,989) (71,198,379)
Less: net income attributable to non-controlling interest 1,331    
NET (LOSS) ATTRIBUTABLE TO AKSO'S SHAREHOLDERS (16,851,064) (34,826,989) (71,198,379)
OTHER COMPREHENSIVE (LOSS)      
Foreign currency translation adjustment 1,454,336 3,942,157 (5,288,742)
COMPREHENSIVE (LOSS) (15,395,397) (30,884,832) (76,487,121)
Less: comprehensive income attributable to non-controlling interest 17    
COMPREHENSIVE (LOSS) ATTRIBUTABLE TO AKSO'S SHAREHOLDERS $ (15,395,414) $ (30,884,832) $ (76,487,121)
Net (loss) per share      
Continuing operations - basic (in dollars per share) $ (0.28) $ (0.64) $ (0.97)
Continuing operations - diluted (in dollars per share) (0.28) (0.64) (0.97)
Discontinuing operations - basic (in dollars per share)   (0.07) (0.49)
Discontinuing operations - diluted (in dollars per share)   (0.07) (0.49)
Basic (in dollars per share) (0.28) (0.71) (1.46)
Diluted (in dollars per share) $ (0.28) $ (0.71) $ (1.46)
Weighted average shares      
Basic (in shares) 59,612,152 48,837,977 48,757,199
Diluted (in shares) 59,612,152 48,837,977 48,757,199
Commissions from online marketplace service      
REVENUES      
REVENUES $ 96,332 $ 82,054  
Recommendation service and other      
REVENUES      
REVENUES     $ 3,916,276
Sale of medical devices      
REVENUES      
REVENUES 6,000,000    
Interest income      
REVENUES      
REVENUES $ 215,393 $ 1,690,448 $ 3,043,096