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Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Mar. 31, 2015
Current assets    
Cash and cash equivalents $ 696,193 $ 1,028,381
Accounts receivable, net 66,032 63,533
Investment tax credits receivable 74,660 300,404
Other tax credits 58,820 53,570
Prepaid expenses 5,709 12,976
Total Current Assets 901,414 1,458,864
Investments $ 112,737 788
Intangible assets 4,358
Property and equipment, net $ 25,338 24,506
Total Assets 1,039,489 1,488,516
Current liabilities    
Accounts payable 25,965 25,309
Accrued liabilities 66,390 87,143
Deferred revenue 111,063 186,034
Total current liabiliities 203,418 $ 298,486
Deferred rent $ 11,969
Shareholders' equity:    
Preferred shares, no par value, non-cumulative dividend at a rate to be determined by the Board of Directors redeemable for CDN $1 per share. Unlimited authorized shares; issued and outstanding NIL shares at September 30, 2015 and March 31, 2015.
Special shares, no par value, non-voting, Unlimited authorized shares; issued and outstanding NIL shares at September 30, 2015 and March 31, 2015.
Common shares, no par value, Unlimited authorized shares; 150,789,832 shares issued and outstanding as at September 30, 2015 and 143,843,889 shares as at March 31, 2015. $ 19,432,795 $ 19,432,795
Additional paid-in capital 2,988,207 2,995,865
Accumulated deficit (21,191,047) (20,901,590)
Accumulated other comprehensive income (405,853) (297,040)
Total shareholders' equity 824,102 1,190,030
Total liability and equity $ 1,039,489 $ 1,488,516