XML 52 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Total
Beginning balance, value at Mar. 31, 2021 $ 0 $ 665,985 $ 2,577,998 $ 163,295 $ (175,365) $ 3,231,913
Beginning balance , shares at Mar. 31, 2021 2,333,333          
Net income (loss) for the year 9,749 (66,223) (56,474)
Capital contribution made by noncontrolling shareholders - Conbridge 6,345 6,345
Capital contribution made by noncontrolling shareholders - Lowell 42,731 42,731
Capital contribution made by noncontrolling shareholders - Princeton (1) (1)
Capital contribution made by noncontrolling shareholders – MTM Animation 424,316 424,316
Foreign currency translation gain 21,884 4,449 26,333
Ending balance, value at Mar. 31, 2022 $ 0 665,985 2,587,747 185,179 236,252 3,675,163
Beginning balance , shares at Mar. 31, 2022 2,333,333          
Net income (loss) for the year (3,474,512) (97,596) (3,572,108)
Foreign currency translation gain (734,913) (15,855) (750,768)
Initial public offering, net of share issuance costs 13,440,253 13,440,253
Initial public offering, net of share issuance costs, shares 283,333          
Investment in subsidiary by additional 10% – MTM Animation (73,890) (73,890)
Ending balance, value at Mar. 31, 2023 $ 0 14,106,238 (886,765) (549,736) 48,911 12,718,648
Beginning balance , shares at Mar. 31, 2023 2,616,666          
Net income (loss) for the year 1,022,956 (55,707) 967,249
Exercise of Warrant B
Exercise of Warrant B, shares 66,667          
Stock based compensation 1,954,880 1,954,880
Foreign currency translation gain 455,769 1,288 457,057
Share issuance of Senior Secured Convertible Notes 1,658,637 1,658,637
Share issuance of Senior Secured Convertible Note, shares 304,616          
Elimination of NCI at disposal of subsidiary (10,537) (10,537)
Share issuance from exercise of convertible debenture, shares 449,977          
Ending balance, value at Mar. 31, 2024 $ 0 $ 17,719,755 $ 136,191 $ (93,967) $ (16,045) $ 17,745,934
Beginning balance , shares at Mar. 31, 2024 3,437,926