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Leases (Tables) | 12 Months Ended
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Mar. 31, 2025
Leases [Abstract] |
Schedule of Supplemental Information Related to Operating Leases | Impairment loss was recognized as the adverse changes in the business climate negatively impact the Group’s business operations. No impairment of ROU assets was recognized during the years ended March 31, 2023 and 2025.
|  | 2023 |  |  | 2024 |  |  | 2025 |
|  | $ |  |  | $ |  |  | $ |
Operating lease cost |  |  | 888 | * |  |  | 696 | * |  |  | 689 | *
Weighted Average Remaining Lease Term - Operating leases |  |  | 8.15 years |  |  |  | 8.77 years |  |  |  | 8.75 years |
Weighted Average Discount Rate - Operating leases |  |  | 7.56%^ |  |  |  | 8.06%^ |  |  |  | 8.14%^ |
* | Included unconditional government subsidy $247, $nil and $nil for factory space and dormitories located in Shenzhen in 2023, 2024 and 2025 respectively.
^ | The interest rate used to determine the present value of the future lease payments is the Group’s incremental borrowing rate (“IBR”), because the interest rate implicit in most of the Group’s leases is not readily determinable. The IBR is a hypothetical rate based on the Group’s understanding of what its credit rating would be to borrow and resulting interest the Group would pay to borrow an amount equal to the lease payments in a similar economic environment over the lease term on a collateralized basis.
Schedule of Maturities of Lease Liabilities | The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2025:
|  | Operating leases |
|  | $ |
Year ending March 31, |  |  |
2026 |  |  | 641 |
2027 |  |  | 42 |
2028 |  |  | - |
2029 |  |  | - |
2030 |  |  | - |
Thereafter |  |  | 1,213 |
Total undiscounted cash flows |  |  | 1,896 |
Less: imputed interest |  |  | (1,086 | )
Present value of lease liabilities |  |  | 810 |

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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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