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Property and equipment, net
6 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and equipment, net

8. Property and equipment, net

 

Property and equipment consisted of the following:

 

   September 30, 2024   March 31, 2024 
   As of 
   September 30, 2024   March 31, 2024 
Server hardware  $19,662,133   $19,419,370 
Vehicles   98,101    96,890 
 Property and equipment, gross   19,760,234    19,516,260 
Less: accumulated depreciation   (14,065,061)   (13,882,199)
impairment   (5,649,382)   (5,579,631)
Property and equipment, net  $45,791   $54,430 

 

The impairment to property and equipment for the six months ended September 30, 2024 and 2023, were $0 and $5,513,730, respectively.

 

Additions to property and equipment for the six months periods ended September 30, 2024 and 2023 were both nil. Disposals of property and equipment for the six months ended September 30, 2023 had a gain of 1,545, and no disposal for the six months ended September 30, 2024.

 

Depreciation expenses were $9,199 and $11,827 for the six months periods ended September 30, 2024 and 2023, respectively.