6. Prepaid and Other Current Assets

The following table presents the components of prepaid and other current assets as of June 30, 2026 and March 31, 2026:

Prepaid expenses are recognized as an expense over the applicable service or benefit periods. Investment-related and other deposits are reclassified or otherwise accounted for upon completion or settlement of the underlying transaction. The Company evaluates the recoverability of these balances at each reporting date.

At June 30, 2026, prepaid deposits included $892,685 previously paid in connection with the proposed acquisition of a minority interest in Sierre-Valais Sport SA (“SVS”), which includes HC Sierre.

As of June 30, 2026, the proposed equity acquisition had not closed, no SVS shares had been issued or transferred to the Company, and the Company had not obtained voting, dividend, liquidation or board-observer rights. Accordingly, $892,685 of paid consideration remained classified as an investment-related prepaid deposit rather than an equity investment. Management did not identify impairment indicators as of June 30, 2026. The remaining contractual share consideration of $1,973,521 was not recognized because the arrangement remained executory at June 30, 2026. See Note 16 - Commitments and Contingencies.