Senmiao Technology Limited reported a net loss from continuing operations of $5,268,901 for the fiscal year ended March 31, 2026, a substantial increase from the $1,906,841 net loss in the prior year. The company has discontinued its automobile transaction and related services in Sichuan Province and its online ride-hailing platform services, impacting its financial results. Revenue from continuing operations decreased by 18.4% to $1,546,127 for the fiscal year ended March 31, 2026, primarily due to a decline in operating lease revenues from automobile rentals. Selling, general, and administrative expenses increased by 30.2% to $2,426,333, largely driven by higher professional service fees. The company is exploring opportunities in AI infrastructure, appointing a strategic advisor and evaluating potential AI data center projects. As of March 31, 2026, the company had cash and cash equivalents of $3,562,219, and subsequently raised approximately $11.0 million in an April 2026 private placement.