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Consolidated Balance Sheets (USD $)
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Current assets      
Cash and cash equivalents $ 1,762,171 $ 1,770,990 $ 1,160,881
Accounts receivable, net 191,296 118,429 224,444
Investment tax credits receivable 259,720 273,096 236,235
Other tax credits 40,724 53,107   
Prepaid expenses 25,198 34,627 45,068
Total Current Assets 2,279,109 2,250,249 1,666,628
Investments 300,557 113,190 95,147
Long term deposits 9,722 9,722   
Intangible assets 35,031 47,200   
Property and equipment, net 33,871 38,880 65,844
Total Assets 2,658,290 2,459,241 1,827,619
Current liabilities      
Accounts payable 23,790 30,974 26,858
Accrued liabilities 53,386 89,333 47,557
Deferred revenue 171,414 241,785 315,339
Total current liabiliities 248,590 362,092 389,754
Deferred rent       11,317
Shareholders' equity:      
Preferred shares, no par value, non-cumulative dividend at a rate to be determined by the Board of Directors redeemable by the holder for CDN $1 per share. Unlimited authorized shares; issued and outstanding NIL shares at March 31, 2012 and 2011.         
Common shares, no par value, Unlimited authorized shares; 125,460,867 shares issued and outstanding as at March 31, 2012 and 125,460,867 shares as at March 31, 2011. 19,262,796 19,262,796 19,162,796
Additional paid-in capital 2,825,571 2,798,275 2,726,762
Accumulated deficit (20,112,481) (20,563,530) (20,930,327)
Accumulated other comprehensive income 433,814 599,608 467,317
Total shareholders' equity 2,409,700 2,097,149 1,426,548
Total liability and equity $ 2,658,290 $ 2,459,241 $ 1,827,619