| ACCRUED EXPENSES |
NOTE
5. ACCRUED EXPENSES
As
of June 30, 2026 and March 31, 2026, the Company’s accrued expenses consisted of the following:
SCHEDULE OF ACCRUED EXPENSES
| | |
June 30, 2026 | | |
March 31, 2026 | |
| Co-development profit split | |
$ | 2,776,060 | | |
$ | 2,616,950 | |
| Employee bonuses | |
| 1,580,813 | | |
| 5,285,256 | |
| Income tax | |
| 1,058,880 | | |
| 594,181 | |
| Legal and professional expense | |
| 174,224 | | |
| 282,672 | |
| Audit fees | |
| 250,000 | | |
| 500,000 | |
| Director dues | |
| 22,500 | | |
| 22,500 | |
| Salaries and fees payable | |
| 73,907 | | |
| 273,059 | |
| Other accrued expenses | |
| 493,416 | | |
| 619,604 | |
| Total accrued expenses | |
$ | 6,429,800 | | |
$ | 10,194,222 | |
|