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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Mar. 31, 2023
CURRENT ASSETS    
Cash $ 620,910 $ 651,490
Restricted cash – Current 0 500,000
Short-term investments 0 51,723
Accounts receivable, net 20,472 89,248
Prepaid and other receivable 1,375,957 525,429
Due from related parties 76,888 191,595
Assets held for sale 0 20,335,836
Total current assets 2,094,227 22,345,321
Restricted cash – non-current 152,434 140,391
Property, plant and equipment, net 83,581,322 69,568,551
Right of use assets 41,783 690,932
Intangible assets, net 933,642 966,533
Acquisition deposits 0 760,000
Deferred tax assets 105,334 778,552
Goodwill 950,959 951,346
TOTAL ASSETS 87,859,701 96,201,626
CURRENT LIABILITIES    
Accounts payable 1,187,480 1,025,892
Accrued liabilities 2,253,851 1,820,872
Other tax payable 616,358 932,402
Due to related parties 326,640 4,165,912
Deferred revenue 968,676 1,321,673
Lease liability - current 15,931 196,996
Liabilities related to assets held for sale 0 19,709,383
Bank loans - current 62,423,441 47,694,700
Other loan payable- current 488,692 467,976
Convertible notes 0 1,214,375
Derivative liability - current 0 378,132
Income tax payable 1,399,244 1,528,630
Total current liabilities 69,680,313 80,456,943
Deferred tax liabilities 126,051 225,060
Lease liability, non-current 25,852 493,936
Other loan payable, non-current 252,476 741,469
Derivative liability, non-current 29,075 1,565,570
TOTAL LIABILITIES 70,113,767 83,482,978
Commitments
EQUITY    
Common shares, no par value, unlimited shares authorized, 3,437,926 and 2,616,666 issued and outstanding* as of March 31, 2024 and 2023, respectively 0 0
Additional paid-in capital 17,719,755 14,106,238
Accumulated deficit 136,191 (886,765)
Accumulated other comprehensive loss (93,967) (549,736)
Total shareholders’ equity attributable to the Company 17,761,979 12,669,737
Noncontrolling interest (16,045) 48,911
Total shareholders’ equity 17,745,934 12,718,648
TOTAL LIABILITIES AND EQUITY $ 87,859,701 $ 96,201,626