XML 39 R22.htm IDEA: XBRL DOCUMENT
v3.26.1

LEASE | 12 Months Ended
--- | ---
Mar. 31, 2026
Lease |
LEASE | NOTE 10. LEASE The Company leases office space in Hong Kong under a non-cancelable operating lease agreement executed on June 26, 2023, with a term ending August 15, 2025. This lease has been extended to end on August 17, 2027. In April 2024, the Company entered two additional non-cancelable operating lease agreements for office spaces located in Rolling Hills Estates, California. The first lease commenced on April 10, 2024, and expired on November 30, 2025. The Company has renewed the lease agreement with leasing period from December 1, 2025 to December 31, 2026. The second lease began on April 22, 2024, and was terminated on April 30, 2025. This has been extended to October 30, 2026. In November 2024, the Company entered another lease for office space in Rolling Hills Estates, which commenced on November 11, 2024, and will expire on December 31, 2025 and this lease has been extended to December 31, 2026. On December 26, 2025, the Company entered an operating lease agreement for its office in Guangzhou, PRC. The lease will be expired on December 25, 2026. The balances for the operating leases where the Company is the lessee are presented within the balance sheets as follows: SCHEDULE OF OPERATING LEASES
|  | As of March 31, 2026 |  |  | As of March 31, 2025 |
Operating leases: |  |  |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 635,622 |  |  | $ | 37,999 |
Operating lease liabilities, current |  | $ | 164,391 |  |  | $ | 38,109 |
Operating lease liabilities, noncurrent |  |  | 454,404 |  |  |  | - |
Total operating lease liabilities |  | $ | 618,795 |  |  | $ | 38,109 |
Weighted average remaining lease term (in years) |  |  | 4.52 |  |  |  | 0.43 |
Weighted average discount rate (%) |  |  | 3.63 | % |  |  | 3.63 | %
The components of lease expenses for the years ended March 31, 2026 and 2025 were as follows: SCHEDULE OF LEASES EXPENSES
|  | 2026 |  |  | 2025 |
|  | For the years ended March 31, |
|  | 2026 |  |  | 2025 |
Operating lease cost |  | $ | 110,324 |  |  | $ | 73,351 |
Cost of other leases with period less than one year and variable lease costs |  |  | 3,906 |  |  |  | 6,664 |
Total lease expenses |  | $ | 114,230 |  |  | $ | 80,015 |
Weighted average discount rate (%) |  |  | 3.63 | % |  |  | 3.63 | %
Supplemental cash flow information related to leases for the years ended March 31, 2026 and 2025 were as follows: SCHEDULE OF CASH FLOW INFORMATION RELATED TO LEASES
Cash paid for amounts included in the measurement of lease liabilities: |  | 2026 |  |  | 2025 |
|  | For the years ended March 31, |
Cash paid for amounts included in the measurement of lease liabilities: |  | 2026 |  |  | 2025 |
Operating cash flows from operating leases |  | $ | 114,230 |  |  | $ | 80,015 |
Supplemental noncash information: |  |  |  |  |  |  |  |
Right-of-use assets obtained in exchange for lease obligation: |  | $ | 662,368 |  |  | $ | 82,402 |
As of March 31, 2026, the maturities of operating lease liabilities (excluding short-term lease) are as follows: SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES
As of March 31, |  | Operating Lease |
2027 |  | $ | 183,904 |
2028 |  |  | 126,973 |
2029 |  |  | 117,382 |
2030 |  |  | 117,382 |
2031 |  |  | 127,163 |
Total lease payments |  |  | 672,804 |
Less: Imputed interest |  |  | (54,009 | )
Present value of lease liabilities |  | $ | 618,795 |
Less: current portion |  |  | (164,391 | )
Lease obligations, noncurrent |  |  | 454,404 |
As of March 31, 2025, the maturities of operating lease liabilities (excluding short-term lease) are as follows:
As of March 31, |  | Operating Lease |
2026 |  | $ | 38,566 |
Total lease payments |  |  | 38,566 |
Less: Imputed interest |  |  | (457 | )
Present value of lease liabilities |  | $ | 38,109 |
Less: current portion |  |  | (38,109 | )
Lease obligations, noncurrent |  | $ | - |

X
- References No definition available. + Details
Name: | OFAL_DisclosureLeaseAbstract
Namespace Prefix: | OFAL_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration