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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Mar. 31, 2019
Current Assets    
Cash and cash equivalents $ 1,173,521 $ 3,967,980
Accounts receivable, net, current portion 2,009,589 199,909
Inventories 1,526,077 1,508,244
Finance lease receivables, net, current portion 428,958 10,254
Prepayments, receivables and other assets, net 4,701,683 3,787,254
Escrow receivable due within one year 0 600,000
Due from related parties 107,855 140,498
Current assets discontinued operations 920,085 1,185,016
Total Current Assets 10,867,768 11,399,155
Property and equipment, net    
Property and equipment, net 417,141 100,680
Property and equipment, net discontinued operations 13,883 25,205
Total Property and equipment, net 431,024 125,885
Other Assets    
Right-of-use assets, net 659,961 0
Intangible assets, net 1,372 1,627
Prepayment for intangible assets 750,000 280,000
Accounts receivable, noncurrent 1,090,787 0
Finance lease receivables, net, noncurrent 748,249 22,298
Other assets discontinued operations 161,881 485,170
Total Other Assets 3,412,250 789,095
Total Assets 14,711,042 12,314,135
Current Liabilities    
Borrowings from financial institutions 211,248 219,157
Borrowings from third parties 0 476,765
Accounts payable 55,453 0
Advance from customers 60,317 31,776
Income tax payable 26,975 21,905
Accrued expenses and other liabilities 1,482,933 962,291
Due to related parties and affiliates 212,144 415,931
Lease liabilities 209,188 0
Derivative liabilities 629,848 0
Current liabilities of discontinued operations 4,954,400 1,625,779
Total Current Liabilities 7,842,506 3,753,604
Other Liabilities    
Borrowings from financial institutions, noncurrent 41,696 177,789
Lease liabilities, non current 421,109 0
Total Other Liabilities 462,805 177,789
Total liabilities 8,305,311 3,931,393
Commitments and Contingencies
Stockholders' Equity    
Common stock (par value $0.0001 per share, 100,000,000 shares authorized; 28,839,803 and 25,945,255 shares issued and outstanding at December 31, 2019 and March 31, 2019, respectively) 2,884 2,595
Additional Paid-in capital 26,835,804 23,833,112
Accumulated deficit (19,846,811) (15,031,538)
Accumulated other comprehensive loss (621,957) (428,771)
Total Senmiao Technology Limited Stockholders' Equity 6,369,920 8,375,398
Noncontrolling interests 35,811 7,344
Total Equity 6,405,731 8,382,742
Total Liabilities and Equity $ 14,711,042 $ 12,314,135