| Schedule of Plant and Equipment |
The
Company’s plant and equipment as of September 30, 2025 and March 31, 2025 are as follows (in thousands):
Schedule
of Plant and Equipment
| | |
September 30, | | |
March 31, | |
| | |
2025 | | |
2025 | |
| MDLE Plant | |
$ | 29,449 | | |
$ | 29,429 | |
| Equipment | |
| 881 | | |
| 544 | |
| Office equipment | |
| 37 | | |
| 33 | |
| Plant
and equipment, Gross | |
| 30,367 | | |
| 30,006 | |
| Less: accumulated depreciation | |
| 2,557 | | |
| 1,556 | |
| Plant
and equipment, Net | |
$ | 27,810 | | |
$ | 28,450 | |
|
The
Company’s equipment as of March 31, 2025 and 2024 are as follows (in thousands):
Schedule of Plant and Equipment
| | |
2025 | | |
2024 | |
| | |
As of March 31, | |
| | |
2025 | | |
2024 | |
| MDLE Plant | |
$ | 29,429 | | |
$ | 28,591 | |
| Equipment | |
| 544 | | |
| 183 | |
| Office equipment | |
| 33 | | |
| 23 | |
| Plant
and equipment, Gross | |
| 30,006 | | |
| 28,797 | |
| Less: accumulated depreciation | |
| 1,556 | | |
| 4 | |
| Plant
and equipment, Net | |
$ | 28,450 | | |
$ | 28,793 | |
|