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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net income (loss) $ (2,178,047) $ 8,195,770
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Amortization 190,000 190,000
Gain on disposal of discontinued operations (51,853) (23,473,558)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 0 (370)
Other payables and accrued liabilities 8,616 15,443
Other non?current liabilities 158,347 0
Net cash used in operating activities from continuing operations (1,872,937) (15,072,715)
Net cash provided by operating activities from discontinued operations 906,571 1,965,837
Net cash used in operating activities (966,366) (13,106,878)
Cash Flows from Investing Activities:    
Short-term investment (27,156,977) 0
Net Cash Used in Investing Activities from Continuing Operations (27,156,977) 0
Net cash provided by investing activities from discontinued operations 0 11,155,338
Net cash (used in) provided by investing activities (27,156,977) 11,155,338
Cash Flows from Financing Activities:    
Ordinary shares issued for cash 27,000,000 0
Amount due to the related party 835,046 0
Net cash provided by financing activities from continuing operations 27,835,046 0
Net cash provided by financing activities from discontinued operations 0 0
Net cash provided by financing activities 27,835,046 0
Effect of exchange rate changes on cash and cash equivalents 51,567 926,794
Net decrease in cash and cash equivalents (236,730) (1,024,746)
Cash and cash equivalents of continuing operations - beginning of year 341,779 1,522,292
Cash and cash equivalents of discontinued operations - beginning of year 602,463 1,833,195
Cash and cash equivalents - beginning of year 944,242 3,355,487
Cash and cash equivalents - end of year 105,049 1,036,536
Less cash and cash equivalents of discontinued operations - end of year 0 538,990
Cash and cash equivalents of continuing operations - end of year 105,049 497,546
Supplemental disclosures of cash flows information:    
Cash paid for income taxes 0 0
Cash paid for interest expense $ 0 $ 0