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Lease
3 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Lease

9. LEASE

 

The Company has one operating lease primarily for office and administration.

 

   June 30, 
   2019 
Right-of-use asset  $413,236 
Current portion of lease obligation  $193,295 
Noncurrent portion of lease obligation   219,941 
Total lease obligations  $413,236 

 

When measuring the lease obligations, the Company discounted lease payments using its incremental borrowing rate at April 1, 2019. The weighted-average-rate applied is 10%.

 

Operating lease expense during the three months period ended June 30, 2019 was $56,106.

 

The following table represents the contractual undiscounted cash flows for lease obligations as at June 30, 2019.

 

   $ 
Less than one year   223,416 
Beyond one year   230,118 
Total undiscounted lease obligations   453,534