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FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Sep. 30, 2024
Investments, All Other Investments [Abstract]  
SCHEDULE OF FINANCIAL INSTRUMENTS

 

   As of January 4, 2023 
     
Derivative liabilities – Fair value of the Warrants  $3,858,521 
Derivative liabilities – Embedded conversion feature   1,247,500 
Convertible Note   9,893,979 
   $15,000,000 
SCHEDULE OF CONVERTIBLE NOTES OBLIGATION

The Company’s convertible notes obligations were as the following for the three and six months ended September 30, 2024 and 2023:

 

                 
   Three months ended   Six months ended 
   September 30,   September 30, 
   2024   2023   2024   2023 
Carrying value – beginning balance  $3,518,999   $8,510,226   $2,684,697   $11,219,519 
Converted to ordinary shares   (82,642)   (813,366)   (82,642)   (3,695,810)
Redemption   -    (5,687,056)   -    (5,687,056)
Amortization of debt discount   -    423,215    682,648    1,337,412 
Deferred debt discount and cost of issuance   (264,186)   (20,645)   (263,925)   (1,138,313)
Interest charge   44,187    170,950    195,580    547,572 
Carrying value – ending balance  $3,216,358   $2,583,324   $3,216,358   $2,583,324 
SCHEDULE OF DERIVATIVE LIABILITIES

The Company’s derivative liabilities were as the following for the three and six months ended September 30, 2024 and 2023:

 

                 
   Three months ended   Six months ended 
   September 30,   September 30, 
   2024   2023   2024   2023 
Derivative liabilities –Warrants  $   $   $   $ 
Beginning balance   117,440    2,818,563    251,657    2,013,261 
Marked to the market   184,549    (2,550,128)   50,332    (1,744,826)
Ending fair value   301,989    268,435    301,989    268,435 
                     
Derivative liabilities – Embedded conversion feature                    
Beginning balance   36,036    1,763,997    36,298    277,222 
Converted to ordinary shares   (1,330)   (339,999)   (1,330)   (453,594)
Remeasurement on change of convertible price   264,186    20,645    263,925    1,138,314 
Redemption   -    (1,115,627)   -    (1,115,627)
Marked to the market   347,065    (304,467)   347,064    178,234 
Ending fair value   645,957    24,549    645,957    24,549 
                     
Total Derivative fair value at end of period  $947,946   $292,984   $947,946   $292,984