v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
SCHEDULE OF REVENUE RECOGNITION

The Company recognized the following forms of revenue for the fiscal years ended March 31, 2026 and 2025:

 

   2026   2025 
   $   $ 
Technology fees   14,440,900    12,591,036 
Device sales   1,557,339    1,199,258 
Revenue recognized   15,998,239    13,790,294 
SCHEDULE OF INVENTORIES

 

   2026   2025 
   $   $ 
Raw material   768,587    1,225,665 
Finished goods   572,708    329,720 
           
Inventories   1,341,295    1,555,385 
SCHEDULE OF ACCOUNTS RECEIVABLE

Accounts receivable consisted of the following:

 

  

Fiscal Year 2026

$

  

Fiscal Year 2025

$

 
         
Gross Accounts Receivable  $1,911,354   $1,347,417 
Other Receivables   1,092,371    382,215 
           
Gross Receivables  $3,003,725    1,729,632 
Provision   (70,826)   (70,860)
Balance end of year  $2,932,899   $1,658,772 
SCHEDULE OF ACCOUNTS RECEIVABLE AGING

The aging analysis below relates only to trade accounts receivable and excludes other receivables.

 

   2026    2025  
Current  $11,813    $ 189,740  
31-60 days   852,358      13,281  
61-90 days   686,298      586,218  
91-180 days   329,511      493,856  
180 days or more   31,372      73,321  
              
Total  $1,911,353    $ 1,347,417  
SCHEDULE OF CHANGE IN ALLOWANCE FOR CREDIT LOSSES

Changes in the allowance for expected credit losses for the year ended March 31, 2026 and 2025 were as follows:

 

  

Fiscal Year 2026

$

  

Fiscal Year 2025

$

 
         
Balance beginning of year   70,860    59,546 
Write - offs   (74,780)   (48,686)
Recoveries   60,000    - 
Provision during the year   14,746    60,000 
           
Balance end of year   70,826    70,860 
SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS

The fair value of financial instruments measured on a recurring basis is as follows:

 

   As of March 31, 2026 
Description  Total   Level 1   Level 2   Level 3 
Assets:                
Total assets at fair value  $—   $—   $—   $— 
                     
Liabilities:                    
Derivative liabilities, short-term  $445,893   $—   $—   $445,893 
Derivative liabilities, long-term   1,396,908   $—    —   $1,396,908 
Total liabilities at fair value  $1,842,801   $—   $—   $1,842,801 

 

   As of March 31, 2025 
Description  Total   Level 1   Level 2   Level 3 
Assets:                
Total assets at fair value  $—   $—   $—   $— 
                     
Liabilities:                    
Derivative liabilities, short-term  $424,200   $—   $—   $424,200 
Derivative liabilities, long-term   1,478,717    —    —    1,478,717 
Total liabilities at fair value  $1,902,917   $—   $—   $1,902,917 
SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES

 

  Office equipment 5 years
  Leasehold improvement 5 years