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OPERATING LEASE RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (Tables)
9 Months Ended
Dec. 31, 2022
Operating Lease Right-of-use Assets And Lease Liabilities  
SCHEDULE OF OPERATING LEASES OBLIGATIONS

 

Right of Use Asset  $ 
Balance at March 31, 2022   1,242,700 
New leases   

685,099

 
Amortization   (255,146)
Balance at December 31, 2022   1,672,653 

 

Lease Liability  $ 
Balance at March 31, 2022   1,330,338 
New leases   

685,099

 
Repayment and interest accretion   (231,533)
Balance at December 31, 2022   1,783,904 
      
Current portion of operating lease liability   322,882 
Noncurrent portion of operating lease liability   1,461,022 
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR LEASE OBLIGATION

The following table represents the contractual undiscounted cash flows for lease obligations as at December 31, 2022:

 

     
Calendar year  $ 
2023   

505,696

 
2024   

552,293

 
2025   600,288 
2026   

565,359

 
2027 and beyond   - 
Total undiscounted lease liability   2,223,636 
Less imputed interest   (439,732)
Total   1,783,904