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Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Mar. 31, 2017
Current assets    
Cash and cash equivalents $ 429,824 $ 419,676
Accounts receivable, net 25,513 59,631
Investment tax credits receivable 128,718 171,204
Other tax credits 30,525 35,351
Prepaid expenses 29,190 27,911
Total Current Assets 643,770 800,621
Investments 670,822 709,047
Long term deposits
Intangible assets 1,932
Property and equipment, net 17,225 20,799
Total Assets 1,333,749 1,530,467
Current liabilities    
Accounts payable 13,601 36,802
Accrued liabilities 26,308 21,487
Deferred revenue 57,862 89,844
Total current liabiliities 99,855 148,133
Deferred rent 2,084
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, 2020 and 8,136,348 shares as at March 31, 2019. 19,491,842 19,491,842
Additional paid-in capital 2,966,068 2,963,912
Accumulated deficit (20,631,105) (20,622,106)
Accumulated other comprehensive income (592,912) (451,314)
Total shareholders' equity 1,233,894 1,382,334
Total liability and equity $ 1,333,749 $ 1,530,467