Commitments (Tables)

9 Months Ended

Dec. 31, 2023

Commitments [Abstract]

Schedule of Lease Assets are Categorized as Right of Use Assets

The Company’s subsidiaries have entered into two long-term operating leases for office premises in London, United Kingdom, and Shanghai, China. These lease assets are categorized as right of use assets under ASU No. 2016-02. The lease for the office premises in London was extended on December 26, 2023.

Long-term premises lease	Lease commencement	Lease expiry	Term (years)		Discount rate*
London, United Kingdom	December 26, 2023	December 25, 2026		3.00		8.25	%
Shanghai, China	March 1, 2020	May 31, 2025		5.25		4.65	%

* The Company determined the discount rate with reference to mortgages of similar tenure and terms.

Schedule of Lease Cost

Lease cost for the three and nine months are summarized as follows:

	Three Months Ended December 31, 2023 $		Three Months Ended December 31, 2022 $		Nine Months Ended December 31, 2023 $		Nine Months Ended December 31, 2022 $
Operating lease expense *		728,860		231,789		946,219		440,779

* Lease payments include maintenance, operating expense, and tax.

Schedule of Premises Lease Agreements With Minimum Annual Lease Payments

The Company has entered into premises lease agreements with minimum annual lease payments expected over the remaining three fiscal years of the lease as follows:

	$
2024		103,167
2025		407,616
2026		352,025
Thereafter		176,014
Total future minimum lease payments		1,038,822
Imputed interest		(64,567	)
Operating lease obligations		974,255