v3.25.4
DERIVATIVE LIABILITIES (Tables)
 9 Months Ended
Dec. 31, 2025
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE LIABILITIES

 

   December 31 ,2025   March 31, 2025 
   $   $ 
Derivative liabilities, beginning of period    1,478,717    1,435,668 
New issuance [Note 9]   -    649,533 
Change in fair value of derivatives during period    139,883    553,208 
Reduction due to preferred shares converted [Note 9]   (207,623)   (1,159,692)
Derivative liabilities, end of period   1,410,976    1,478,717 
Convertible Debt [Member]  
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE LIABILITIES

 

   December, 31, 2025   March 31, 2025 
   $   $ 
         
Balance beginning of period    424,400    991,866 
Issuance   -    - 
Conversion to common shares   -    

(509,303

)
Convertible note redemption   (19,842)   (59,011)
Change in fair value of derivative liabilities   

28,224

    

648

 
End of derivative treatment   -   -
Balance end of period –    432,782    424,400 
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The Monte-Carlo methodology was used to value the convertible note and warrant derivative components during the nine months ended December 31, 2025 and March 31, 2025, using the following assumptions:

 

    December 31, 2025    March 31, 2025 
Risk-free rate for term (%)   0.1 - 4.4    0.1 – 5.2 
Volatility (%)   134 - 197.7    91.2 – 194.4 
Remaining terms (Years)   0.22 - 1.55    0.25 – 0.5 
Stock price ($ per share)   0.29 - 0.69    0.24 – 1.45 
Series A Preferred Stock [Member]  
SCHEDULE OF CONVERTIBLE NOTE AND WARRANT DERIVATIVE COMPONENTS VALUATION ASSUMPTIONS

The lattice methodology was used to value the derivative components of Preferred Stock, using the following assumptions during the nine months ended December 31, 2025 and March 31, 2025:

 

    December 31,
2025		     March 31,
2025		  
Dividend yield (%)     12       12  
Risk-free rate for term (%)     3.8 – 4.3       3.7 – 5.1   
Volatility (%)     143.3 – 194.2       91.2 – 194.2   
Remaining terms (Years)     0.25 – 0.46       0.17 – 2.0  
Stock price ($ per share)     0.26 – 0.58       0.24 – 1.34