v3.25.2
Loans Payable
3 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Loans Payable [Text Block]

12. Loans Payable

On March 31, 2021, as part of the sale of the net assets in Boden Technologies AB, the Company incurred a loan payable. The facility bears interest at the Swedish government borrowing rate plus 1% per annum and has a maturity date of December 31, 2035. Principal payment plus interest is payable annually. The loan payable is contingently forgiven based on a favourable ruling from the Swedish Tax Authority on the ongoing value tax assessment.

A continuity of the loan balances are as follows:

Balance, March 31, 2024 $ 13,188  
Interest    414  
Repayment   (1,343 )
Foreign exchange movement   733  
Balance, March 31, 2025   12,992  
       
Interest    72  
Foreign exchange movement   772  
Balance, June 30, 2025   13,836  
       
Less: current portion   (3,077 )
Non-current portion $ 10,759