ORGANIZATION AND PRINCIPAL ACTITIVIES (Tables)

9 Months Ended

Dec. 31, 2019

ORGANIZATION AND PRINCIPAL ACTITIVIES

Schedule of total assets and total liabilities VIEs

Total assets and total liabilities of the Company’s VIEs included in the Company’s consolidated financial statements as of December 31, 2019 and March 31, 2019 are as follows:

	December 31, 2019		March 31, 2019
	(Unaudited)
Total assets from continuing operations	$	7,256,048	$	4,130,435
Total assets from discontinued operations		1,499,618		1,083,579
Total assets	$	8,775,666	$	5,214,014
Total liabilities from continuing operations	$	7,096,861	$	6,456,098
Total liabilities from discontinued operations		7,973,676		396,671
Total liabilities	$	15,070,537	$	6,852,769

Schedule of net revenue, income (loss) from operations and net loss of the VIEs

Net revenue, income (loss) from operations and net loss of the VIEs that were included in the Company's consolidated financial statements for the three and nine months ended December 31, 2019 and 2018 are as follows:

	For the Three Months Ended				For the Nine Months Ended
	December 31,				December 31,
	2019		2018		2019		2018
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
Net revenue	$	414,077	$	119,235	$	2,302,940	$	119,235
Income (loss) from operations	$	741,260	$	(7,014)	$	600,455	$	(7,014)
Net income (loss) from continuing operations attributable to stockholders	$	(116,991)	$	8,324	$	95,976	$	8,324
Net loss from discontinued operations attributable to stockholders		(4,094,558)		(78,459)		(4,870,090)		(929,698)
Net loss attributable to stockholders	$	(4,211,549)	$	(70,135)	$	(4,774,114)	$	(921,374)