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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
Common stock
USD ($)
shares
Additional Paid-in capital
USD ($)
Treasury stock
USD ($)
shares
Treasury stock
USN ($)
shares
Retained Earnings (Deficit)
USD ($)
Accumulated Other Comprehensive (Loss)
USD ($)
Noncontrolling interests
USD ($)
USD ($)
shares
Balance at the beginning of the year at Mar. 31, 2019 $ 4,963 $ 59,806,865 $ (1,320,468)   $ 69,768,756 $ (1,756,958)   $ 126,503,158
Balance at the beginning of the year (in shares) at Mar. 31, 2019 | shares 49,625,303   (421,220) (421,220)        
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                
Share-based compensation   347,466           347,466
Exercise of share options $ 32 281,585           281,617
Exercise of share options (in shares) | shares 320,020              
Exercise of RSU $ 4 (4)            
Exercise of RSU (in shares) | shares 38,900              
Repurchase of ordinary shares     $ (2,667,902)         (2,667,902)
Repurchase of ordinary shares (in shares) | shares     (744,663) (744,663)        
Net (loss) income         (71,198,379)     (71,198,379)
Shareholder's contribution   123,671           123,671
Foreign currency translation adjustment           (5,288,742)   (5,288,742)
Balance at the end of the year at Mar. 31, 2020 $ 4,999 60,559,583 $ (3,988,370)   (1,429,623) (7,045,700)   48,100,889
Balance at the end of the year (in shares) at Mar. 31, 2020 | shares 49,984,223   (1,165,883) (1,165,883)        
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                
Share-based compensation   55,468           55,468
Exercise of RSU $ 3 (3)            
Exercise of RSU (in shares) | shares 32,234              
Net (loss) income         (34,826,989)     (34,826,989)
Foreign currency translation adjustment           3,942,157   3,942,157
Balance at the end of the year at Mar. 31, 2021 $ 5,002 60,615,048 $ (3,988,370)   (36,256,612) (3,103,543)   $ 17,271,525
Balance at the end of the year (in shares) at Mar. 31, 2021 | shares 50,016,457   (1,165,883) (1,165,883)       48,850,574
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY                
Private placement $ 1,902 10,015,298           $ 10,017,200
Private placement (in shares) | shares 19,020,000              
Share-based compensation   391,625           391,625
Capital contribution from non-controlling interest             $ 628 628
Exercise of RSU $ 73 (73)            
Exercise of RSU (in shares) | shares 727,476              
Net (loss) income         (16,851,064)   1,331 (16,849,733)
Foreign currency translation adjustment           1,454,320 17 1,454,336
Balance at the end of the year at Mar. 31, 2022 $ 6,977 $ 71,021,898 $ (3,988,370) $ (1,165,883) $ (53,107,676) $ (1,649,223) $ 1,976 $ 12,285,582
Balance at the end of the year (in shares) at Mar. 31, 2022 | shares 69,763,933             68,598,050