v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:      
Net Loss $ (5,032,184) $ (6,067,232) $ (6,739,120)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 361,229 266,601 54,870
Amortization of right-of-use assets 77,789 76,786 48,229
Impairment of intangible asset     390,355
Accretion expense 51,875 45,600 30,003
Stock-based compensation 130,409 365,309 1,011,973
Loss on disposal of property, plant & equipment 32,187    
Gain on debt extinguishment     (12,465)
Other expense     85,500
Foreign currency translation (gain) loss (501,927) 123,743 3,668
Net changes in operating assets & liabilities:      
Prepaid expenses and deposits 176,805 (26,600) (231,307)
VAT receivable 3,542 187,189 (217,843)
Inventories 94,675 (34,292) (60,383)
Loan payable (3,991) 32,468 (149,906)
Accounts payable - related parties (71,594) 337,576  
Deferred revenue     (38,250)
Accounts payable and accrued liabilities 59,293 129,276 (572,246)
Net cash used in operating activities (4,621,892) (4,563,576) (6,396,922)
Cash flows from investing activities:      
Investment - internally developed software     (211,952)
Purchase of property, plant & equipment (255,831) (603,890) (952,497)
Net cash used in investing activities (255,831) (603,890) (1,164,449)
Cash flows from financing activities:      
Lease payments (109,482) (107,756) (56,366)
Payments to related parties     (18,296)
Proceeds from shares issuance for cash 2,782,707 5,128,186 234
Proceeds from PIPE transaction 4,413,758    
Proceeds from warrant exercise 705 786,736 1,872,505
Net cash provided by financing activities 7,087,688 5,807,166 1,798,077
Net change in cash 2,209,965 639,700 (5,763,294)
Cash at beginning of year 4,228,944 3,589,244 9,352,538
Cash at end of year 6,438,909 4,228,944 3,589,244
Supplemental disclosure of cash flow information      
Interest 40,998 (78,953) 6,104
Supplemental disclosure of non-cash investing and financing activities:      
Addition of Right-of-use assets $ 80,862 $ 181,641 $ 254,319