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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:      
Net Income (loss) $ 1,020,761 $ (1,641,087) $ (1,018,527)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 195,239 164,942 131,024
Non-cash lease expense 246,010 201,751
Loss from disposal of property and equipment 9,816 2,502
Provision for doubtful accounts 136,805 (68,359) 444,480
Provision for investments in unconsolidated entity 261,574 76,425
Interest income (68,151) (89,736) (24,586)
Deferred tax expense (benefit) (333,045) 111,757 (106,431)
Changes in operating assets and liabilities:      
Accounts receivable (1,422,278) 1,231,955 (227,286)
Other receivable 20,902 (70,214) (46,538)
Other current assets 16,670 (11,010) 22,168
Deferred offering costs (262,587)
Long-term rent deposit (80,245) (78,139)
Deferred revenue 2,406,401 954,315 300,771
Taxes payable 359,779 12,600 (130,387)
Other payable (82,135) 102,091 203,917
Operating lease liabilities (251,795) (183,756)
Accrued expenses and other liabilities 163,222 29,018 121,745
Net cash provided by (used in) operating activities 2,328,140 937,518 (513,310)
Cash flows from investing activities:      
Purchase of property and equipment (74,236) (75,041) (350,284)
Proceeds from disposal of property and equipment 83 64
Proceeds from loans to third parties 446,987
Payments made for loans to third parties (28,894) (42,316) (89,397)
Payments made for loans to a related party 2,458,553 (2,501,825)
Net cash provided by (used in) investing activities 2,355,423 (2,619,099) 7,370
Cash flows from financing activities:      
Changes in due to related parties 11,312 29,721 (53,444)
Net proceeds from initial public offering (“IPO”) 4,821,472
Capital contribution by shareholders of non-controlling interest 65,168
Net cash provided by financing activities 11,312 4,851,193 11,724
Effect of exchange rate fluctuation on cash 525,249 (263,439) (301,021)
Net increase (decrease) in cash 5,220,124 2,906,173 (795,237)
Cash at beginning of the year 6,833,891 3,927,718 4,722,955
Cash at end of the year 12,054,015 6,833,891 3,927,718
Supplemental cash flow information      
Cash paid for income taxes 174,056 91,524 141,589
Non-cash investing activities      
Right of use assets obtained in exchange for operating lease obligations $ 805,546 $ 816,057