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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss before dividends $ (14,094,283) $ (18,658,143)
Adjustments to reconcile net loss to net cash used in operations    
Stock based compensation 1,025,930 647,631
Issuance of shares for services 116,127 150,418
Issuance of warrants for services, at fair value 232,526
Accretion and amortization expenses 2,172,920 743,459
Change in fair value of derivative liabilities (9,777) 483,873
(Gain) Loss on debt conversion and redemption (18,539) 71,119
Loss on debt and warrant modification 59,161 126,158
Property and equipment depreciation 5,953 5,953
Non cash lease expense 365,899 340,307
Changes in operating assets and liabilities:    
Accounts receivable, net (298,248) 686,197
Inventory 457,604 (1,494,082)
Deposits and other receivables 252,143 (224,819)
Accounts payable and accrued liabilities 3,271,198 3,341,468
Net cash used in operating activities (6,693,912) (13,547,935)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common shares, net 119,285
Issuance of preferred shares, net 2,825,000
Redemption of preferred shares (895,556)
Exercise of warrants for cash 12,500
Proceeds from convertible debentures, net 2,962,386 2,355,318
Proceeds from short term loan and promissory notes, net 853,030 1,476,121
Preferred Stock Dividend (18,016) (946,780)
Net cash provided by financing activities 6,741,685 2,001,603
Effect of foreign currency translation 167,827 49,863
Net increase (decrease) in cash during the year 47,773 (11,546,332)
Cash, beginning of year 570,460 12,066,929
Cash, end of year 786,060 570,460
Supplemental disclosure of cash flow information:    
Interest paid 2,022,221 1,620,012
Taxes