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Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Mar. 31, 2017
Current assets    
Cash and cash equivalents $ 418,507 $ 419,676
Accounts receivable, net 38,463 81,688
Investment tax credits receivable 131,220 168,963
Other tax credits 82,997 117,658
Prepaid expenses 25,595 12,819
Total Current Assets 696,782 800,804
Investments 117,109 114,200
Long term deposits
Intangible assets
Property and equipment, net 24,334 23,758
Total Assets 838,225 938,762
Current liabilities    
Accounts payable 9,057 20,451
Accrued liabilities 19,041 19,125
Deferred revenue 60,224 92,770
Total current liabiliities 838,225 132,346
Deferred rent 8,173
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, 2018 and 2017.
Common shares, no par value, Unlimited authorized shares; 8,136,348 shares issued and outstanding as at March 31, 2018 and 8,120,348 shares as at March 31, 2017. 19,491,842 19,491,757
Additional paid-in capital 2,962,105 2,961,848
Accumulated deficit (21,325,620) (21,282,718)
Accumulated other comprehensive income (378,425) (372,644)
Total shareholders' equity 749,902 793,243
Total liability and equity $ 838,225 $ 938,762