XML 17 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Interim Balance Sheets - USD ($)
Sep. 30, 2025
Mar. 31, 2025
Mar. 31, 2024
CURRENT ASSETS      
Cash $ 308,460 $ 365,145 $ 786,060
Accounts receivable, net 2,099,065 1,658,772 1,468,655
Inventory [Note 3] 2,256,289 1,555,385 1,879,402
Deposits and other receivables 872,420 1,059,990 336,456
Total current assets 5,536,234 4,639,292 4,470,573
Deposits and other receivables [Note 12] 109,297 109,297 85,000
Long-term accounts receivable 83,939 70,713 149,907
Property and equipment [Note 13] 6,622 9,599 15,552
Operating right of use assets [Note 12] 586,680 812,053 1,221,593
TOTAL ASSETS 6,322,772 5,640,954 5,942,625
CURRENT LIABILITIES      
Accounts payable and accrued liabilities [Note 4] 7,908,201 7,661,924 9,613,118
Convertible promissory notes and short term loans [Note 5] 10,394,614 9,618,738 9,236,471
Term loan, current 2,400,000 2,400,000 2,400,000
Derivative liabilities [Note 8] 443,583 424,200 991,866
Advance from customers 1,895,920  
Operating lease obligations, current [Note 10] 571,706 531,286 457,371
Total current liabilities 23,614,024 20,636,148 22,698,826
Federally guaranteed loans [Note 7] 870,800 870,800 870,800
Term loan [Note 6] 12,015,626 12,271,559 9,985,033
Derivative liabilities [Note 8] 1,382,103 1,478,717 1,435,668
Operating lease obligations 102,307 397,830 929,115
TOTAL LIABILITIES 37,984,860 35,655,054 35,919,442
STOCKHOLDERS’ EQUITY (DEFICIENCY)      
Series A Preferred stock, $0.001 par value, 20,000 shares authorized as at September 30, 2025 and March 31, 2025, respectively, 201 and 201 shares issued and outstanding as at September 30, 2025 and as at March 31, 2025, respectively [Note 9] 1 1  
Common stock, $0.001 par value, 125,000,000 shares authorized as at September 30, 2025 and March 31, 2025, respectively. Issued and outstanding common shares: 26,791,608 and 26,081,295 as at September 30, 2025 and March 31, 2025, respectively, and exchangeable shares of 160,672 outstanding as at September 30, 2025 and March 31, 2025, respectively [Note 9] 26,953 26,243 9,515
Shares to be issued 581,599 and 581,599 shares of common stock as at September 30, 2025 and March 31, 2025, respectively [Note 9] 284,244 284,244 269,065
Additional paid-in-capital   106,971,115 95,723,083
Accumulated other comprehensive loss   145,792 32,378
Accumulated deficit (140,968,401) (139,441,785) (127,499,785)
Total stockholders’ equity (deficiency) (33,412,378) (32,014,390) (31,465,737)
TOTAL LIABILITIES, MEZZANINE AND STOCKHOLDERS’ DEFICIENCY 6,322,772 5,640,954 5,942,625
Restatement [Member]      
STOCKHOLDERS’ EQUITY (DEFICIENCY)      
Additional paid-in-capital 107,278,101 107,123,300  
Accumulated other comprehensive loss (33,276) (6,393)  
Total stockholders’ equity (deficiency)   (32,014,390)  
Series B Convertible Redeemable Preferred Stock [Member]      
Mezzanine Equity      
Series B Convertible Redeemable preferred stock, $0.001 par value, 600 shares authorized as of September 30, 2025 and March 31, 2025, respectively, 360 and 385 shares issued and outstanding as of September 30, 2025 and March 31, 2025, respectively [Note 9] 1,750,290 2,000,290 1,488,920
Preferred Stock [Member]      
STOCKHOLDERS’ EQUITY (DEFICIENCY)      
Series A Preferred stock, $0.001 par value, 20,000 shares authorized as at September 30, 2025 and March 31, 2025, respectively, 201 and 201 shares issued and outstanding as at September 30, 2025 and as at March 31, 2025, respectively [Note 9]   1 1
Series A Preferred Stock [Member]      
STOCKHOLDERS’ EQUITY (DEFICIENCY)      
Series A Preferred stock, $0.001 par value, 20,000 shares authorized as at September 30, 2025 and March 31, 2025, respectively, 201 and 201 shares issued and outstanding as at September 30, 2025 and as at March 31, 2025, respectively [Note 9] $ 6