Commitments and Contingencies |
3 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Commitments and Contingencies [Abstract] | |
| Commitments and Contingencies | 16. Commitments and Contingencies
Sierre-Valais Sport SA Investment Commitment
The Company is party to an agreement to acquire a minority interest in Sierre-Valais Sport SA (“SVS”). At June 30, 2026, $892,685 of consideration previously paid was included in prepaid deposits (See Note 6 - Prepaid and other current assets). The remaining consideration of CHF 1,595,000, approximately $1,973,521 (based on the June 30, 2026 exchange rate) is payable in the Company’s common shares. At June 30, 2026, the common shares had not been issued and the proposed acquisition had not closed. Accordingly, the unpaid share consideration represented an executory commitment, and was not recognized. The Company expects to issue the common shares and complete the related closing mechanics in September 2026 after the blackout period in accordance with the agreement.
Legal Proceedings
There are no legal proceedings or claims pending against the Company that management believes would have a material adverse effect on the Company’s business, financial condition, or results of operations, either individually or in the aggregate. |