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Leases (Tables) | 12 Months Ended
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Mar. 31, 2025
Leases [Abstract] |
Schedule of Operating and Finance Lease Expenses | Operating and finance lease expenses consist of the following:
|  |  |  | For the Years Ended March 31, |
|  | Classification |  | 2025 |  |  | 2024 |  |  | 2023 |
Operating lease cost |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lease expenses |  | General and administrative |  |  | 879,255 |  |  |  | 866,481 |  |  |  | 675,655 |
Finance lease cost |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased asset |  | General and administrative |  |  | 113,207 |  |  |  | 43,900 |  |  |  | 26,556 |
Interest on lease liabilities |  | Interest expenses on finance leases |  |  | 11,663 |  |  |  | 4,234 |  |  |  | 3,389 |
Total lease expenses |  |  |  | $ | 1,004,125 |  |  | $ | 914,615 |  |  | $ | 705,600 |
Weighted-average remaining term and discount rate related to leases were as follows:
|  | As of |  |  | As of |  |  | As of |
|  | March 31, 2025 |  |  | March 31, 2024 |  |  | March 31, 2023 |
Weighted-average remaining term |  |  |  |  |  |  |  |  |  |  |  |
Operating lease |  |  | 1.1 years |  |  |  | 1.6 years |  |  |  | 1.9 years |
Finance leases |  |  | 3.5 years |  |  |  | 4.4 years |  |  |  | 4.0 years |
Weighted-average discount rate |  |  |  |  |  |  |  |  |  |  |  |
Operating lease |  |  | 4.7 | % |  |  | 4.9 | % |  |  | 3.3 | %
Finance leases |  |  | 4.6 | % |  |  | 4.5 | % |  |  | 4.5 | %
Schedule of Minimum Lease Payments | The following table sets forth the Company’s minimum lease payments in future periods:
|  | Operating lease |  |  | Finance lease |  |  |  |
|  | payments |  |  | payments |  |  | Total |
Twelve months ending March 31, 2026 |  | $ | 401,187 |  |  | $ | 93,865 |  |  | $ | 495,052 |
Twelve months ending March 31, 2027 |  |  | 111,999 |  |  |  | 67,675 |  |  |  | 179,674 |
Twelve months ending March 31, 2028 |  |  | - |  |  |  | 61,764 |  |  |  | 61,764 |
Twelve months ending March 31, 2029 |  |  | - |  |  |  | 45,806 |  |  |  | 45,806 |
Twelve months ending March 31, 2030 |  |  | - |  |  |  | - |  |  |  | - |
Total lease payments |  |  | 513,186 |  |  |  | 269,110 |  |  |  | 782,296 |
Less: discount |  |  | (26,067 | ) |  |  | (19,976 | ) |  |  | (46,043 | )
Present value of lease liabilities |  | $ | 487,119 |  |  | $ | 249,134 |  |  | $ | 736,253 |
Present value of lease liabilities, current |  | $ | 376,751 |  |  | $ | 84,528 |  |  | $ | 461,279 |
Present value of lease liabilities, non-current |  | $ | 110,368 |  |  | $ | 164,606 |  |  | $ | 274,974 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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