XML 22 R5.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
REVENUES      
Net Revenues $ 13,831,904 $ 14,777,798 $ 2,414,338
Cost of revenue 13,843,219 15,059,324 2,292,206
Gross Profit (11,315) (281,526) 122,132
OPERATING EXPENSE      
Sales and marketing 168,421
General and administrative 3,988,741 3,641,446 8,591,751
Impairment of goodwill and intangible assets 16,700,276 162,381,380
Total Operating Expenses 20,689,017 166,022,826 8,760,172
LOSS FROM CONTINUING OPERATIONS (20,700,332) (166,304,352) (8,638,040)
OTHER (EXPENSE) INCOME      
Other income 344 47,091 252,408
Other expense (4,729) (12,992) (114,168)
Exchange gain (loss) 272 (26) (591,991)
Total Other (Expense) Income, net (4,113) 34,073 (453,751)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (20,704,445) (166,270,279) (9,091,791)
(BENEFIT) PROVISON FOR INCOME TAXES (1,988,264) (30,801,146) 24,988
NET LOSS FROM CONTINUING OPERATIONS (18,716,181) (135,469,133) (9,116,779)
Net loss from discontinued operations, net of income taxes (3,884)
Loss from disposal of discontinued operations, net of income taxes (395,914)
Total loss from discontinued operations (399,798)
NET LOSS (18,716,181) (135,469,133) (9,516,577)
Less: net loss attributable to non-controlling interest (44,571) (491,764) (57,793)
NET LOSS ATTRIBUTABLE TO AKSO’S SHAREHOLDERS (18,671,610) (134,977,369) (9,458,784)
OTHER COMPREHENSIVE LOSS      
NET LOSS (18,716,181) (135,469,133) (9,516,577)
Foreign currency translation adjustment 487,424 312,051 (238,594)
COMPREHENSIVE LOSS (18,228,757) (135,157,082) (9,755,171)
Less: comprehensive loss attributable to non-controlling interest (44,224) (494,926) (57,402)
COMPREHENSIVE LOSS ATTRIBUTABLE TO AKSO’S SHAREHOLDERS $ (18,184,533) $ (134,662,156) $ (9,697,769)
Continuing operations      
Basic (in Dollars per share) $ 0.01 $ 0.16 $ 0.07
Diluted (in Dollars per share) 0.01 0.16 0.07
Discontinued operations      
Basic (in Dollars per share)
Diluted (in Dollars per share)
Net (loss) per share      
Basic (in Dollars per share) 0.01 0.16 0.07
Diluted (in Dollars per share) $ 0.01 $ 0.16 $ 0.07
Weighted average shares      
Basic (in Shares) 2,168,121,761 855,288,335 141,516,777
Diluted (in Shares) 2,168,121,761 855,288,335 141,516,777
Revenue      
REVENUES      
Revenue $ 13,835,063 $ 14,781,622 $ 2,416,797
Tax and surcharges      
REVENUES      
Revenue $ (3,159) $ (3,824) $ (2,459)