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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Mar. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 101,549 $ 66,539
Accounts receivable, net of allowance for doubtful accounts of $156,526 at December 31, 2019 and $157,903 at March 31, 2019 363,557 233,908
Inventories, net 119,142 110,962
Prepaid expense 183,966 244,524
Total current assets 768,214 655,933
PROPERTY AND EQUIPMENT, NET 74,938 125,733
OTHER ASSETS    
Investment in GlamSmile Asia Ltd 2,278,150 2,306,817
Investment in Condor Technology (Note 3) 1,175,176 1,335,680
Investment in Metrics in Balance,N.V. (Note 3) 3,459,431 3,472,011
Total assets 7,755,909 7,896,174
CURRENT LIABILITIES:    
Accounts payable 2,136,553 1,919,095
Accrued liabilities 455,168 450,347
Deferred revenue 112,767 63,852
Total current liabilities 2,704,488 2,433,294
Long-term portion of lease liabilities 86,834 0
Total liabilities 2,791,322 2,433,294
EQUITY:    
Common stock, $0.001 par value; (50,000,000 shares authorized, 19,995,969 shares issued and outstanding at December 31, 2019 and March 31, 2019 respectively) 19,996 19,996
Treasury stock, at cost; 723,000 shares outstanding at December 31, 2019 and March 31, 2019 respectively (831,450) (831,450)
Additional paid-in capital 24,906,269 24,906,269
Accumulated deficit (18,216,428) (17,717,166)
Accumulated other comprehensive (loss) (foreign currency translation adjustment) (1,082,956) (1,082,992)
Obligation to issue shares (Note 3) 97,500 97,500
Total Remedent, Inc. stockholders' equity 4,892,931 5,392,157
Non-controlling interest 71,656 70,723
Total stockholders' equity 4,964,587 5,462,880
Total liabilities and equity $ 7,755,909 $ 7,896,174