v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net profit (loss) $ 2,389,282 $ (392,438)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 35,272 400,756
Non-cash financial cost 571,909
Stock-Based Compensation Expense 451,245
Investment income (364,583)
Share of loss of associated company 9,059
Fair value gain or loss (3,024,540) (453,448)
Loss from sale of property and equipment 1,487
Loss on disposal of subsidiaries 27,865
Changes in operating assets and liabilities    
Accounts receivable 130,793 67,428
Inventories (4,392) (4,993)
Advances to suppliers (1,733) (180,042)
Other receivables (543,024) (316,120)
Accounts payables (66,997) 74,748
Interest payable (64)
Accrued expenses and other payables 627,020 (88,832)
Advances from customers (27,782) 68,649
Assets held for sale 85,024
Liabilities held for sale 45,914
Deferred revenue 8
Net cash used in operating activities (24,366) (458,163)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment and intangible assets (760) (77,856)
Cash acquired from subsidiary 177,924
Proceeds from sale of property and equipment and intangible assets 442
Payment for loan receivable (609,727)
Cash decreased in disposal of subsidiaries (1,599)
Net cash used in investing activities (432,121) (79,455)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from related party borrowings 81,299 8,124
Repayment of related party borrowings (301,483) (13,829)
Proceeds from bank borrowings 110,194 139,429
Repayment of bank borrowings (73,463) (46,061)
Cash advance to related parties (2,352,589) (1,194,987)
Repayment from related parties 2,789,899 335,541
Proceeds from loan payable 391,825
Release of restricted cash 1,325,605
Net cash provided by financing activities 645,682 553,822
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 189,195 16,204
Effect of exchange rate changes on cash and cash equivalents (813) (4,406)
Cash and cash equivalents, beginning of the period 574,267 324,953
CASH AND CASH EQUIVALENTS, END OF THE PERIOD 762,649 336,751
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 8,818 10,676
Cash paid during the period for income tax $ 2 $ 764