v3.25.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net profit (loss) $ (4,691,497) $ (3,028,364)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 500,903 1,258,591
Non-cash financial cost 572,449 989,930
Stock-Based Compensation Expense 70,001 (330,000)
Investment income (364,583) 1,045,448
Fair value gain or loss 4,140,783 (103,785)
Gain on debts extinguishment (8,979)
(Gain) Loss from sale of property and equipment (23,394) 73,430
Loss on disposal of subsidiaries 18,004 334,135
Changes in operating assets and liabilities    
Accounts receivable 1,192 641,574
Inventories (11,140) (114,872)
Advances to suppliers (82,376) (67,419)
Other receivables (553,867) 1,000,232
Accounts payables 10,689 (314,771)
Accrued expenses and other payables (720,385) (677,335)
Advances from customers 59,827 95,585
Net cash used in operating activities (1,082,373) 802,379
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment and intangible assets (149,260) (145,520)
Proceeds from sale of property and equipment and intangible assets 23,743
Cash decreased in disposal of subsidiaries (155,563) (8,219)
Net cash used in investing activities (281,080) (153,739)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from related party borrowings 92,560 908,290
Repayment of related party borrowings (43,660) (726,524)
Proceeds from bank borrowings 505,918 167,783
Repayment of bank borrowings (436,952) (298,772)
Cash advance to related parties (2,578,153) (3,549,135)
Repayment from related parties 1,393,380 2,409,923
Redemption of convertible debt (390,000) (544,706)
Release of restricted cash 2,739,244 646,800
Net cash provided by financing activities 1,282,337 (986,341)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (81,116) (337,701)
Effect of exchange rate changes on cash and cash equivalents (5,371) 1,597
Cash and cash equivalents, beginning of the period 324,953 816,186
CASH AND CASH EQUIVALENTS, END OF THE PERIOD 238,466 480,082
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 32,220 39,768
Cash paid during the period for income tax $ 1,082 $ 4,662