v3.26.1
WARRANT LIABILITY (Tables)
12 Months Ended
Mar. 31, 2026
Warrant Liability  
Schedule of changes in the warrant liability
                         
    Exercise Price   Warrants   Fair Value Balance
                      In 000’$  
Fair value of warrants at issuance on October 3, 2023:                        
Class B Warrants   $ 45.20       157,895       3,537  
Class C Warrants   $ 45.20       157,895       4,663  
Placement Agent Warrants   $ 47.50       7,896       232  
Change in fair value of warrant liability             -       (6,868 )
Warrant liability as of April 1, 2024   $ -       323,686     $ 1,564  
Change in fair value of warrant liability             -       388  
Warrant liability as of March 31, 2025             323,686     $ 1,952  
Fair value of warrants at issuance on January 27, 2026:                        
Placement Agent Warrants   $ 1.25       1,050,000       1,123  
Change in fair value of warrant liability             -       (2,883 )
Warrant liability as of March 31, 2026             1,373,686     $ 192  
Schedule of inputs associated with calculating the fair value
                       
    October 3, 2023   March 31, 2025   March 31, 2026
Exercise price   $ 45.20     $ 45.20     $ 45.20  
Share price   $ 39.40     $ 9.25     $ 0.32  
Expected life (years)     3.01       1.51       0.51  
Expected volatility     90.4 %     207.73 %     85.00 %
Risk-free interest rate     4.95 %     3.96 %     3.65 %
Dividend yield     -       -       -  
Schedule of fair value
                       
    October 3, 2023   March 31, 2025   March 31, 2026
Exercise price   $ 45.20     $ 45.20     $ 45.20  
Share price   $ 39.40     $ 9.25     $ 0.32  
Expected life (years)     5.00       3.51       2.51  
Expected volatility     100.7 %     152.01 %     95.00 %
Risk-free interest rate     4.80 %     3.91 %     3.73 %
Dividend yield     -       -       -  
Schedule of Placement agent warrants
                       
    October 3, 2023   March 31, 2025   March 31, 2026
Exercise price   $ 47.60     $ 47.50     $ 47.50  
Share price   $ 39.40     $ 9.25     $ 0.32  
Expected life (years)     4.99       3.51       2.51  
Expected volatility     100.7 %     152.01 %     95.00 %
Risk-free interest rate     4.80 %     3.91 %     3.73 %
Dividend yield     -       -       -  
Schedule of 2026 placement agent warrants
               
    January 19, 2026   March 31, 2026
Exercise price   $ 1.25     $ 1.25  
Share price   $ 1.30     $ 0.32  
Expected life (years)     5.0       4.79  
Expected volatility     115.00 %     105.00 %
Risk-free interest rate     3.68 %     3.83 %
Dividend yield     -       -