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OPERATING LEASE RIGHT-OF-USE ASSETS AND LEASE OBLIGATIONS (Tables)
12 Months Ended
Mar. 31, 2024
Operating Lease Right-of-use Assets And Lease Obligations  
SCHEDULE OF OPERATING LEASES OBLIGATIONS

 

   2024   2023 
Right of Use Asset  $   $ 
Beginning balance at March 31   1,587,492    1,242,700 
New leases   -    685,099 
Amortization   (365,899)   (340,307)
Ending balance at March 31   1,221,593    1,587,492 

 

   2024   2023 
Lease Liability  $   $ 
Beginning balance at March 31   1,722,095    1,330,338 
New leases   -    685,099 
Repayment and interest accretion   (335,609)   (293,342)
Ending balance at March 31   1,386,486    1,722,095 
           
Current portion of operating lease liability   457,371    335,608 
Noncurrent portion of operating lease liability   929,115    1,386,487 
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR LEASE OBLIGATION

The following table represents the contractual undiscounted cash flows for lease obligations as at March 31, 2024:

 

Calendar year  $ 
2024   552,293 
2025   600,288 
2026   565,359 
2027 and beyond   - 
Total undiscounted lease liability   1,717,940 
Less imputed interest   (331,454)
Total   1,386,486