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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Mar. 31, 2019
Current assets    
Cash and cash equivalents $ 429,202 $ 506,524
Accounts receivable, net 281,402 59,631
Investment tax credits receivable 44,185 171,204
Other tax credits 34,345 35,351
Prepaid expenses 13,779 27,911
Total Current Assets 802,913 800,621
Investments 715,472 709,047
Intangible assets 8,440
Property and equipment, net 23,402 20,799
Total Assets 1,550,227 1,530,467
Current liabilities    
Accounts payable 19,962 36,802
Accrued liabilities 21,188 21,487
Deferred revenue 73,339 89,844
Total current liabiliities 123,593 148,133
Deferred rent
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, 2019 and March 31, 2019.
Special shares, no par value, non-voting, Unlimited authorized shares; issued and outstanding NIL shares at September 30, 2019 and March 31, 2019.
Common shares, no par value, Unlimited authorized shares; 8,136,348 shares issued and outstanding as at September 30, 2019 and 8,136,348 shares as at March 31, 2019. $ 19,491,842 $ 19,491,842
Additional paid-in capital 2,963,912 2,963,912
Accumulated deficit (20,564,789) (20,622,106)
Accumulated other comprehensive income (464,331) (451,314)
Total shareholders' equity 1,426,331 1,382,334
Total liability and equity $ 1,550,227 $ 1,530,467