XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]    
REVENUE $ 3,873,993 $ 3,201,743
Cost of Revenue 757,193 838,575
GROSS PROFIT 3,116,800 2,363,168
OPERATING EXPENSES    
Selling, general and administrative expenses 2,138,692 2,966,119
Research and development expenses 696,163 513,895
TOTAL OPERATING EXPENSES 2,834,855 3,480,014
(LOSS) PROFIT FROM OPERATIONS 281,945 (1,116,846)
Interest expense (850,254) (768,673)
Accretion and amortization expenses [Note 5,6] (153,572) (1,144,728)
Change in fair value of derivative liabilities [Note 8] (25,200) (306,862)
Gain (loss) upon convertible promissory notes conversion and redemption [Note 9] 8,433 (127,611)
Other income (expense) [Note 9] 66,671 (229,800)
NET LOSS BEFORE INCOME TAXES (671,977) (3,694,520)
Income taxes [Note 3]
NET LOSS BEFORE DIVIDENDS (671,977) (3,694,520)
Preferred Stock Dividends (82,316) (199,092)
Deemed Dividends [Note 9] (3,054,680)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (754,293) (6,948,292)
Translation adjustment (36,169) 23,583
COMPREHENSIVE LOSS $ (790,462) $ (6,924,709)
LOSS PER SHARE, BASIC $ (0.029) $ (0.490)
LOSS PER SHARE, DILUTED $ (0.029) $ (0.490)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC 26,284,734 14,169,441
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED 26,284,734 14,169,441