BIONIK Laboratories Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

Balance Sheet Accounts - Equipment (Details)

v3.22.4

Balance Sheet Accounts - Equipment (Details) - USD ($)	3 Months Ended		9 Months Ended
Balance Sheet Accounts - Equipment (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Mar. 31, 2022
Equipment, Cost	$ 846,965		$ 846,965		$ 689,940
Accumulated Depreciation	640,716		640,716		598,706
Equipment, Net	206,249		206,249		91,234
Depreciation expense	19,000	$ 11,000	43,000	$ 31,000
Computers and electronics
Equipment, Cost	315,837		315,837		315,837
Accumulated Depreciation	308,545		308,545		305,420
Equipment, Net	7,292		7,292		10,417
Furniture and fixtures
Equipment, Cost	36,795		36,795		36,795
Accumulated Depreciation	36,795		36,795		36,795
Demonstration equipment
Equipment, Cost	204,447		204,447		168,691
Accumulated Depreciation	122,461		122,461		87,874
Equipment, Net	81,986		81,986		80,817
Equipment
Equipment, Cost	130,563		130,563		88,742
Accumulated Depreciation	90,833		90,833		88,742
Equipment, Net	39,730		39,730
Leasehold Improvements
Equipment, Cost	79,448		79,448
Accumulated Depreciation	2,207		2,207
Equipment, Net	77,241		77,241
Tools and parts
Equipment, Cost	11,422		11,422		11,422
Accumulated Depreciation	11,422		11,422		11,422
Assets under capital lease
Equipment, Cost	68,453		68,453		68,453
Accumulated Depreciation	$ 68,453		$ 68,453		$ 68,453

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

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