6. PROPERTY AND EQUIPMENT

		Land and Building			Plant and Equipment			Office furniture  and Equipment			Leasehold Improvements			Right of Use Assets			Under Construction			Total
Cost
Balance at April 1, 2024		2,064,993			5,852,843			247,532			354,705			959,788			52,709			9,532,570
Additions		-			-			1,398			-			-			-			1,398
Disposals		-			-			(36,933	)		-			-			-			(36,933	)
Transfers		-			-			-			-			-			-			-
Balance at March 31, 2025		2,064,993			5,852,843			211,997			354,705			959,788			52,709			9,497,035
Additions		-			-			2,020			-			-			-			2,020
Disposals		(2,064,993	)		(83,573	)		(158,397	)		-			-			-			(2,306,963	)
Transfers		-			-			-			-			-			-			-
Balance at March 31, 2026		-			5,769,270			55,620			354,705			959,788			52,709			7,192,092
Accumulated Depreciation
Balance at April 1, 2024		154,837			709,333			118,501			274,540			504,902			-			1,762,113
Depreciation for the year		32,049			354,876			25,244			28,271			159,882			-			600,322
Disposals		-			-			(22,389	)		-			-			-			(22,389	)
Transfers		-			-			-			-			-			-			-
Balance at March 31, 2025		186,886			1,064,209			121,356			302,811			664,784			-			2,340,046
Depreciation for the year		-			325,655			12,159			28,271			160,320			-			526,405
Disposals		(186,886	)		(39,005	)		(103,235	)		-			-			-			(329,126	)
Transfers		-			-			-			-			-			-			-
Balance at March 31, 2026		-			1,350,859			30,280			331,082			825,104			-			2,537,325
Carrying Amounts
Balance at March 31, 2025		1,878,107			4,788,634			90,641			51,894			295,004			52,709			7,156,989
Less: property held for sale		(1,878,107	)		-			-			-			-			-			(1,878,107	)
Balance at March 31, 2025		-			4,788,634			90,641			51,894			295,004			52,709			5,278,882
Balance at March 31, 2026		-			4,418,411			25,340			23,623			134,684			52,709			4,654,767

The Company's property and equipment includes an asset under construction in the amount of $52,709 (March 31, 2025: $52,709) related to costs incurred for a production line at the silver-graphene oxide pilot plant. Depreciation was not recorded on assets under construction until they were put into use.

On October 18, 2024, the Company listed to sell 24 Corporate Court in Guelph, Ontario which was the registered head office of the Company and was held for sale at March 31, 2025. On April 15, 2025, the Company announced it had entered into an agreement of purchase and sale for 24 Corporate Court in Guelph, Ontario. The carrying value of the land and building at March 31, 2025 was $1,878,107 and was disclosed separately as a current asset in the Consolidated Statements of Financial Position as Property held for sale at March 31, 2025 and is applicable to the Intellectual Property Development segment. On May 15, 2025, the Company announced the completed sale for $2,500,000 and leased back the property from the purchaser until January 31, 2026. On December 1, 2025, the Company reallocated its laboratory to a new facility in Guelph, Ontario. The sale resulted in a gain on disposal of $488,829 which is included in Gain (loss) on disposal of property and equipment.