v3.26.1
Material Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2026
Material Accounting Policies [Abstract]  
Schedule of Classification and Measurements of Financial Assets and Liabilities

Summary of the Company’s classification and measurements of financial assets and liabilities:

 

Financial Assets and Liabilities  Classification  Measurement
Cash and cash equivalents  Amortized cost  Amortized cost
Restricted cash  Amortized cost  Amortized cost
Other receivables  Amortized cost  Amortized cost
Loan receivable  Amortized cost  Amortized cost
Investment in Psyence Labs Ltd  FVTPL  Fair value
Accounts payable and accrued liabilities  Amortized cost  Amortized cost
Derivative warrant liabilities  FVTPL  Fair value
​Schedule of Change in Presentation Currency

The change in presentation currency is a voluntary change which is accounted for retrospectively. For comparative reporting purposes, historical financial information has been translated to United States dollars which is disclosed in the tables below:

 

Change in presentation currency 

March 31,
2023

Reported
CAD $

   Foreign
Currency
Translation
  

March 31,
2023

Restated
USD $

 
EQUITY               
Net equity   (271,275)   70,830    (200,445)
NET DEFICIT   (271,275)   70,830    (200,445)