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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss from continuing operations $ (18,716,181) $ (135,469,133) $ (9,116,779)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Loss from disposal of discontinued operations 395,914
Provision for (recovery of) doubtful accounts 108,617 (100,000) 7,369,797
Goodwill impairment 11,069,876 41,366,680
Intangible assets impairment 5,630,400 121,114,699
Depreciation and amortization 2,371,615 2,149,790
Changes in the carrying amount of right-of-use assets 84,129 (98,947)
Deferred tax (benefit) (1,990,055) (30,804,128)
Accrued interests 527
Changes in operating assets and liabilities:      
Accounts receivable (435,482) (859,542) 327,186
Prepayments and other assets (5,420,639) (6,440,314) (130,770)
Inventories 1,495,248
Accounts payable, accrued expenses and other current liabilities 312,991 417,184 166,045
Operating lease liabilities (56,605) 82,195
Contract liabilities (5,809,914) 9,859,227 220,644
Taxes payable 59,421 (40,548) (21,914)
Net cash (used in) provided by operating activities from continuing operations (12,791,300) 1,177,163 705,371
Net cash provided by operating activities from discontinued operations 645,869
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (12,791,300) 1,177,163 1,351,240
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash paid for loan originations (35,525,131)
Acquisitions of property and equipment (1,638) (154,460)
Cash loans to third parties (2,858,390)
Cash received from loan repayments 15,060,054 23,516,899 1,528,918
Cah paid in connection with acquisition (93,750,000) (56,250,000)
Prepayment for intangible assets development (175,664,545)
Net cash (used in) investing activities from continuing operations (163,464,519) (105,912,692) (54,721,082)
Net cash provided by investing activities from discontinued operations
NET CASH (USED IN) INVESTING ACTIVITIES (163,464,519) (105,912,692) (54,721,082)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of loans due to related parties (7,686,152)
Loan from third parties 350,000
Proceeds from private placement, net of offering costs 195,884,024 139,339,849
Net cash provided by financing activities from continuing operations 350,000 195,884,024 131,653,697
Net cash provided by financing activities from discontinued operations
NET CASH PROVIDED BY FINANCING ACTIVITIES 350,000 195,884,024 131,653,697
EFFECT OF EXCHANGE RATE CHANGE ON CASH (153,483) (1,123,015) (1,272,164)
NET (DECREASE) INCREASE IN CASH (176,059,302) 90,025,480 77,011,691
CASH AND CASH EQUIVALENTS – beginning of year 176,229,874 86,204,394 9,192,703
CASH AND CASH EQUIVALENTS – end of year 170,572 176,229,874 86,204,394
Less: cash and cash equivalents of discontinued operations at end of period 1,030,377
Cash and cash equivalents of continuing operations, at end of period 170,572 176,229,874 85,174,017
SUPPLEMENTAL CASH FLOW DISCLOSURES:      
Cash paid for income tax 1,791 2,982 24,988
Cash paid for interest 111,563
Supplemental disclosure of non-cash information:      
Right-of-use assets obtained in exchange for new lease liabilities 98,396
Modification of right-of-use assets and liabilities $ (60,280)