The components of property and equipment, net were as follows:

 

Schedule of Property Plant and Equipment, Net 

   As of
March 31, 2025
   As of
March 31, 2024
 
Computers   477,765    660,504 
Office equipment   456,027    422,046 
Furniture & fixtures   267,767    162,851 
Electrical equipment   30,811    30,972 
Leasehold improvements   31,192    31,736 
Total   1,263,562    1,308,109 
Less: Accumulated depreciation   (660,639)   (853,520)
Property and equipment, net   602,923    454,589 

Historical Timeline

Fiscal YearFiled
2025Jun 26, 2025Showing above
2024Jul 1, 2024

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.