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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:      
Net loss $ (8,305,429) $ (9,927,324) $ (72,187,116)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 380,000 380,000 31,667
Goodwill impairment 3,376,186 1,807,848 0
Intangible asset impairment 1,108,333 0 0
Gain on disposal of discontinued operations 367,223 (7,472,035) (3,039,676)
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 1,281 (1,501,651) 3,000
Other payables and accrued liabilities 98,842 442,735 3,340
Net cash used in operating activities from continuing operations (2,973,564) (16,270,426) (75,188,785)
Net cash provided by operating activities from discontinued operations 304,108 3,164,448 54,483,289
Net cash used in operating activities (2,669,456) (13,105,978) (20,705,496)
Cash Flows from Investing Activities:      
Short-term investment (4,758,797) 0 0
Business of acquisition of BW (22,287,544) 0 0
Proceeds from disposal of discontinued operations 0 11,698,379 0
Net cash (used in) provided by investing activities from continuing operations (27,046,341) 11,698,379 0
Net cash provided by investing activities from discontinued operations 0 0 89,322
Net cash (used in) provided by investing activities (27,046,341) 11,698,379 89,322
Cash Flows from Financing Activities:      
Ordinary shares issued for cash 27,000,000 0 3,000,000
Amount due to the related party 1,848,158 0 0
Proceeds from borrowing 158,091 0 0
Net cash provided by financing activities from continuing operations 29,006,249 0 3,000,000
Net cash provided by financing activities from discontinued operations 0 0 145,524
Net cash provided by financing activities 29,006,249 0 3,145,524
Effect of exchange rate changes on cash and cash equivalents 26,661 (1,003,646) 1,092,526
Net decrease in cash and cash equivalents (682,887) (2,411,245) (16,378,124)
Cash and cash equivalents of continuing operations - beginning of year 341,779 1,522,292 161,962
Cash and cash equivalents of discontinued operations - beginning of year 602,463 1,833,195 19,571,649
Cash and cash equivalents - beginning of year 944,242 3,355,487 19,733,611
Cash and cash equivalents - end of year 261,355 944,242 3,355,487
Less cash and cash equivalents of discontinued operations - end of year 0 602,463 1,833,195
Cash and cash equivalents of continuing operations - end of year 261,355 341,779 1,522,292
Supplemental disclosures of cash flows information:      
Cash paid for income taxes 0 0 0
Cash paid for interest expense 0 0 0
Supplemental schedule of non-cash investing and financing activities      
Ordinary shares issued for cash $ 0 $ 0 $ 3,000,000