XML 29 R15.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 7 - Leases
3 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases

7. Leases

The Company has historically entered into lease arrangements for its research and development and quality control laboratory facility located in Sherbrooke, Québec. In March 2022, the Company renewed the lease agreement effective April 1, 2022, resulting in a commitment of $556 over a 24-month base lease term with an option to renew for an additional 48-month term. In April 2023, the Company elected not to renew the additional 48-month option to renew, and terminated the lease on March 31, 2024. As of June 30, 2024, the Company had one month to month lease for its principal executive offices in Princeton Junction, NJ.

Supplemental lease expense related to leases is as follows:

 

 

Three months ended

 

 

 

June 30,
2024

 

June 30,
2023

 

 

 

$

 

$

 

Operating lease cost

 

 

23

 

Total lease expense

 

 

23