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OPERATING LEASE RIGHT-OF-USE ASSETS AND LEASE OBLIGATIONS (Tables)
3 Months Ended
Jun. 30, 2024
Operating Lease Right-of-use Assets And Lease Obligations  
SCHEDULE OF OPERATING LEASES OBLIGATIONS

  

Fiscal Year

2024
  

Fiscal Year

2023
 
Right of Use Asset  $   $ 
Beginning balance at March 31   1,221,593    1,587,492 
New leases        
Amortization   (97,577)   (87,801)
Ending balance at June 30   1,124,016    1,499,691 

 

   2024   2023 
Lease Liability  $   $ 
Beginning balance at March 31   1,386,486    1,722,095 
New leases        
Repayment and interest accretion, net   (108,080)   (94,074)
Ending balance at June 30   1,278,406    1,628,021 

 

 

BIOTRICITY INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2024 (Unaudited)

(Expressed in US dollars)

 

   June 30, 2024   March 31, 2024 
Lease Liability  $   $ 
Current portion of operating lease liability   475,026    457,371 
Noncurrent portion of operating lease liability   803,380    929,115 
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR LEASE OBLIGATION

The following table represents the contractual undiscounted cash flows for lease obligations as at June 30, 2024:

 

Calendar year  $ 
2024   552,293 
2025   600,288 
2026   565,359 
Total undiscounted lease liability   1,717,940 
Less imputed interest   (439,534)
Total   1,278,406