Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Mar. 31, 2026
Current assets
Cash	$ 9,441	$ 9,187
Accounts receivable, net	58	90
Supply inventory	1,061	1,061
Other current assets	245	251
Total current assets	10,805	10,589
Plant and equipment, net	26,341	26,842
Intangible assets, net	1,921	2,190
Right of use asset	116	141
Total assets	39,183	39,762
Current liabilities
Accounts payable	187	395
Accrued liabilities	489	892
Lease obligation, current	100	99
Total current liabilities	776	1,386
Warrant liability	9,790	9,968
Lease obligation, long-term	20	44
Total liabilities	10,586	11,398
Commitments and contingencies (Note 15)
Shareholders' equity
Share capital, no par 378,001 and 343,033 common shares issued and outstanding, respectively, as of June 30, 2026 and March 31, 2026, respectively	68,069	67,808
Accumulated deficit	(39,472)	(39,444)
Total shareholders' equity	28,597	28,364
Total liabilities and shareholders' equity	$ 39,183	$ 39,762

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).