Segmented Information and Geographic Data (Tables)
|
6 Months Ended |
Sep. 30, 2024 |
Segmented Information and Geographic Data [Abstract] |
|
Schedule of Prior-Period Amounts have been Restated |
The prior-period amounts have been
restated to conform with the new presentation.
| |
Three Months Ended September 30, 2024 | | |
Six Months Ended September 30, 2024 | |
| |
BESS $000 | | |
ET $000 | | |
Total $000 | | |
BESS $000 | | |
ET $000 | | |
Total $000 | |
| |
| | |
| | |
| | |
| | |
| | |
| |
Revenues | |
| 727 | | |
| 1,131 | | |
| 1,858 | | |
| 1,378 | | |
| 2,284 | | |
| 3,662 | |
Cost of goods sold | |
| (546 | ) | |
| (1,417 | ) | |
| (1,963 | ) | |
| (1,080 | ) | |
| (2,417 | ) | |
| (3,497 | ) |
Segment gross profit (loss) | |
| 181 | | |
| (286 | ) | |
| (105 | ) | |
| 298 | | |
| (133 | ) | |
| 165 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Reconciliation of profit or loss | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Segment
gross profit (loss) | |
| 181 | | |
| (286 | ) | |
| (105 | ) | |
| 298 | | |
| (133 | ) | |
| 165 | |
Gain on de-recognition of BESS project subsidiaries | |
| 377 | | |
| – | | |
| 377 | | |
| 377 | | |
| – | | |
| 377 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Unallocated amounts: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Total expenses | |
| | | |
| | | |
| (3,828 | ) | |
| | | |
| | | |
| (7,554 | ) |
Interest expense | |
| | | |
| | | |
| (643 | ) | |
| | | |
| | | |
| (857 | ) |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Loss before income taxes | |
| | | |
| | | |
| (4,199 | ) | |
| | | |
| | | |
| (7,869 | ) |
| |
Three Months Ended September 30, 2023 | | |
Six Months Ended September 30, 2023 | |
| |
BESS $000 | | |
ET $000 | | |
Total $000 | | |
BESS $000 | | |
ET $000 | | |
Total $000 | |
| |
| | |
| | |
| | |
| | |
| | |
| |
Revenues | |
| – | | |
| 1,165 | | |
| 1,165 | | |
| – | | |
| 2,354 | | |
| 2,354 | |
Cost of goods sold | |
| (438 | ) | |
| (1,162 | ) | |
| (1,600 | ) | |
| (438 | ) | |
| (2,380 | ) | |
| (2,818 | ) |
Segment gross (loss) profit | |
| (438 | ) | |
| 3 | | |
| (435 | ) | |
| (438 | ) | |
| (26 | ) | |
| (464 | ) |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Reconciliation of profit or loss | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Segment gross (loss) profit | |
| (438 | ) | |
| 3 | | |
| (435 | ) | |
| (438 | ) | |
| (26 | ) | |
| (464 | ) |
Gain on de-recognition of BESS project subsidiaries | |
| 5,504 | | |
| – | | |
| 5,504 | | |
| 16,756 | | |
| – | | |
| 16,756 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Unallocated amounts: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Total expenses | |
| | | |
| | | |
| (7,126 | ) | |
| | | |
| | | |
| (14,039 | ) |
Interest expense | |
| | | |
| | | |
| (713 | ) | |
| | | |
| | | |
| (2,022 | ) |
Total other (expense) income excluding interest expense | |
| | | |
| | | |
| – | | |
| | | |
| | | |
| 68 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
(Loss) income before income taxes | |
| | | |
| | | |
| (2,770 | ) | |
| | | |
| | | |
| 299 | |
|
Schedule of Total Segment Long-Live Assets Reconciled to Consolidated Amounts |
Total segment long-live assets reconciled to consolidated
amounts are as follows:
| |
September 30, 2024 | |
| |
BESS $000 | | |
ET $000 | | |
Unallocated $000 | | |
Total $000 | |
| |
| | |
| | |
| | |
| |
Property and equipment | |
| – | | |
| 601 | | |
| 119 | | |
| 720 | |
Intangible assets | |
| – | | |
| 963 | | |
| – | | |
| 963 | |
Projects under development | |
| 8,524 | | |
| – | | |
| – | | |
| 8,524 | |
Right of use assets | |
| 56 | | |
| 37 | | |
| 1,157 | | |
| 1,250 | |
Total | |
| 8,580 | | |
| 1,601 | | |
| 1,276 | | |
| 11,457 | |
| |
March 31, 2024 | |
| |
BESS $000 | | |
ET $000 | | |
Unallocated $000 | | |
Total $000 | |
| |
| | |
| | |
| | |
| |
Property and equipment | |
| – | | |
| 614 | | |
| 96 | | |
| 710 | |
Intangible assets | |
| – | | |
| 1,048 | | |
| – | | |
| 1,048 | |
Projects under development | |
| 8,468 | | |
| – | | |
| – | | |
| 8,468 | |
Right of use assets | |
| – | | |
| 63 | | |
| 1,307 | | |
| 1,370 | |
Total | |
| 8,468 | | |
| 1,725 | | |
| 1,403 | | |
| 11,596 | |
|
Schedule of Revenue and Long-Lived Assets by Geography |
The following tables show revenue and long-lived
assets by geography:
| |
Three Months Ended September 30, 2024 $ | | |
Three Months Ended September 30, 2023 $ | | |
Six Months Ended September 30, 2024 $ | | |
Six Months Ended September 30, 2023 $ | |
| |
| | |
| | |
| | |
| |
Total revenues | |
| | |
| | |
| | |
| |
North America | |
| – | | |
| – | | |
| 14 | | |
| 17 | |
Europe | |
| 1,578 | | |
| 642 | | |
| 3,267 | | |
| 1,317 | |
Asia | |
| 280 | | |
| 523 | | |
| 381 | | |
| 1,020 | |
| |
| | | |
| | | |
| | | |
| | |
Total | |
| 1,858 | | |
| 1,165 | | |
| 3,662 | | |
| 2,354 | |
| |
September 30,
2024 $000 | | |
March 31,
2024 $000 | |
| |
| | |
| |
Long-lived assets | |
| | |
| |
North America | |
| 962 | | |
| 1,047 | |
Europe | |
| 1,331 | | |
| 1,401 | |
Asia | |
| 640 | | |
| 680 | |
Total | |
| 2,933 | | |
| 3,128 | |
| |
| | | |
| | |
Reconciliation of long-lived assets | |
| | | |
| | |
Property and equipment | |
| 720 | | |
| 710 | |
Intangible assets | |
| 963 | | |
| 1,048 | |
Right of use assets | |
| 1,250 | | |
| 1,370 | |
Total | |
| 2,933 | | |
| 3,128 | |
|