| Schedule of Receivables |
Receivables, net of allowance for credit losses
consisted of the following at:
| | |
December 31, | | |
March 31, | |
| | |
2025 | | |
2025 | |
| Accounts receivable, trade | |
| 75,514 | | |
$ | 35,197 | |
| Other receivables | |
| 152,391 | | |
| 91,302 | |
| Allowance for credit losses | |
| (12,000 | ) | |
| (827 | ) |
| Receivables, net | |
$ | 215,905 | | |
$ | 125,672 | |
|
Receivables consist of the
following at March 31:
| | |
2025 | | |
2024 | |
| Accounts receivable, trade | |
$ | 35,197 | | |
$ | 57,190 | |
| Other receivables | |
| 91,302 | | |
| 7,048 | |
| Allowance for credit losses | |
| (827 | ) | |
| (34,571 | ) |
| Receivables, net | |
$ | 125,672 | | |
$ | 29,667 | |
|
| Schedule of Changes in the Allowance for Credit Losses |
Changes in the allowance for credit losses account for the nine months
ended December 31, 2025, and the year ended March 31, 2025, is as follows:
| | |
December 31, | | |
March 31, | |
| | |
2025 | | |
2025 | |
| Beginning balance | |
$ | 827 | | |
$ | 34,571 | |
| Credit loss (recovery) expense | |
| 61,755 | | |
| (17,912 | ) |
| Write-offs charged against
the allowance | |
| (38,133 | ) | |
| (13,500 | ) |
| Recoveries
of amounts written off | |
| (12,449 | ) | |
| (2,332 | ) |
| Ending balance | |
$ | 12,000 | | |
$ | 827 | |
|
Changes in the allowance
for credit losses account is as follows:
| | |
March 31,
2025 | | |
March 31,
2024 | |
| Beginning balance | |
$ | 34,571 | | |
$ | — | |
| Adoption of accounting standard | |
| — | | |
| 22,483 | |
| Credit loss (recovery) expense | |
| (17,912 | ) | |
| 43,471 | |
| Write-offs charged against the allowance | |
| (13,500 | ) | |
| (31,383 | ) |
| Recoveries of amounts written off | |
| (2,332 | ) | |
| — | |
| Ending balance | |
$ | 827 | | |
$ | 34,571 | |
|