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Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Mar. 31, 2020
Current assets    
Cash and cash equivalents $ 247,835 $ 429,824
Accounts receivable, net 196,655 25,513
Investment tax credits receivable 128,718
Other tax credits 122,872 30,525
Prepaid expenses 22,722 29,190
Total Current Assets 590,084 643,770
Investments 699,071 670,822
Intangible assets 25,835 1,932
Property and equipment, net 6,787 172,225
Total Assets 1,321,777 1,333,749
Current liabilities    
Accounts payable 52,962 13,601
Accrued liabilities 14,323 26,308
Deferred revenue 57,862
Total current liabiliities 93,120 99,855
Deferred rent 25,835 1,932
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 June 30, 2020 and March 31, 2020.
Special shares, no par value, non-voting, Unlimited authorized shares; issued and outstanding NIL shares at June 30, 2020 and March 31, 2020.
Common shares, no par value, Unlimited authorized shares; 8,136,348 shares issued and outstanding as at June 30, 2020 and 8,136,348 shares as at March 31, 2020. $ 19,491,842 $ 19,491,842
Additional paid-in capital 2,966,068 2,966,068
Accumulated deficit (21,042,724) (20,631,105)
Accumulated other comprehensive income (187,069) (592,812)
Total shareholders' equity 1,228,657 1,233,894
Total liability and equity $ 1,321,777 $ 1,333,749