Annual report pursuant to Section 13 and 15(d)

Inventories

v3.22.1
Inventories
12 Months Ended
Mar. 31, 2022
Inventories  
Inventories

5. Inventories

Bionik states all inventories at the lower of cost or net realizable value, determined on a first-in, first-out method. Inventory includes finished goods at actual costs from its outsourced manufacturing partners and raw materials recorded at cost.

March 31,

March 31,

    

2022

    

2021

Finished Goods

$

1,083,718

$

692,163

Raw Materials

107,302

$

1,191,020

$

692,163