| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 676,980 | 867,767 | ||
| Restricted cash | 57 | - | ||
| Accounts receivable | 25,759 | 34,915 | ||
| Accounts receivable, a related party-Related Party | 8,592 | 8,027 | ||
| Prepayment - a related party-Related Party | - | 0 | ||
| Finance lease receivables, current | 105,131 | 136,579 | ||
| Prepayments, other receivables and other current assets, net | 882,799 | 1,071,674 | ||
| Due from related parties, net, current-Related Party | 410,396 | 172,336 | ||
| Total current assets | 2,109,714 | 2,291,298 | ||
| Property and equipment, gross | 4,434,924 | - | ||
| Less accumulated depreciation and amortization | 3,204,358 | - | ||
| Financing lease right-of-use assets, net | - | 0 | ||
| Property and equipment, net | 1,230,566 | 1,455,691 | ||
| Operating lease right-of-use assets, net, a related party-Related Party | 67,302 | 76,538 | ||
| Intangible assets, net | 337,500 | 356,250 | ||
| Finance lease receivables, non-current | 10,636 | 14,124 | ||
| Due from a related party, net, non-current-Related Party | 926,650 | 1,111,726 | ||
| Total other assets | 1,342,088 | 1,558,638 | ||
| Total assets | 4,682,368 | 5,305,627 | ||
| Financing lease liabilities | - | 0 | ||
| Accounts payable | 142,735 | 163,354 | ||
| Advances from customers | 115,646 | 114,541 | ||
| Income tax payable | 20,303 | 20,177 | ||
| Accrued expenses and other liabilities | 3,697,901 | 3,616,419 | ||
| Due to related parties-Related Party | 182,480 | 281,105 | ||
| Operating lease liabilities, current - a related party-Related Party | 78,324 | 66,768 | ||
| Derivative liabilities | 183 | 4,213 | ||
| Current liabilities - discontinued operations | 513,252 | 517,036 | ||
| Total current liabilities | 4,750,824 | 4,783,613 | ||
| Operating lease liabilities, non-current - a related party | 20,674 | 30,596 | ||
| Total other liabilities | 20,674 | 30,596 | ||
| Total liabilities | 4,771,498 | 4,814,209 | ||
| Series a convertible preferred stock (par value 1,000 per share, 5,000 shares authorized 262 and 991 shares issued and outstanding at september 30, 2025 and march 31, 2025, respectively) | 42,943 | 42,943 | ||
| Common stock (par value 0.0001 per share, 50,000,000 shares authorized 2,507,489 and 1,051,804 shares issued and outstanding at september 30, 2025 and march 31, 2025, respectively) | 251 | 111 | ||
| Additional paid-in capital | 44,487,694 | 44,371,680 | ||
| Accumulated deficit | -45,922,713 | -45,273,970 | ||
| Accumulated other comprehensive loss | -1,713,815 | -1,740,686 | ||
| Total senmiao technology limited stockholders deficit | -3,148,583 | -2,642,865 | ||
| Non-controlling interests | 3,016,510 | 3,091,340 | ||
| Total (deficit) equity | -132,073 | 448,475 | ||
| Total liabilities, mezzanine equity and equity/ deficit | 4,682,368 | 5,305,627 | ||
Senmiao Technology Ltd (AIHS)
Senmiao Technology Ltd (AIHS)