v3.21.2
Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Mar. 31, 2020
Current assets    
Cash and cash equivalents $ 608,348 $ 2,269,747
Accounts receivable, net of allowance of $0 and $167,500 in 2021 and 2020, respectively 451,905 846,964
Prepaid expenses and other receivables 1,680,557 1,632,555
Inventories 692,163 1,059,462
Due from related parties 0 17,840
Total current assets 3,432,973 5,826,568
Equipment 93,577 154,144
Technology and other assets 976,551 1,449,924
Goodwill 4,282,984 11,085,984
Total assets 8,786,085 18,516,620
Current liabilities    
Accounts Payable 454,809 857,093
Accrued liabilities 760,026 1,647,656
Demand loans, current portion 2,152,334 2,078,833
PPP Loan 459,912 0
Deferred revenue, current portion 268,083 200,437
Total current liabilities 4,095,164 4,784,019
Deferred revenue, net of current portion 303,917 415,626
Demand loans, net of current portion 1,105,974 0
Total Liabilities 5,505,055 5,199,645
Commitments and contingencies (Note 10)
Stockholders' Equity    
Preferred stock, par value $0.001; Authorized 5,000,000; (March 31, 2020 - 10,000,000), Issued none. Special voting preferred stock, $0.001 par value; Authorized; Issued -1
Common stock, par value $0.001; Authorized - 13,000,000; (March 31, 2020 - 500,000,000) Issued 5,589,375 and 112,440 Exchangeable Shares (March 31, 2020 - 5,009,151 and 117,683 Exchangeable Shares) 5,702 5,126
Additional paid-in capital 88,227,506 84,643,570
Accumulated deficit (84,994,327) (71,373,870)
Accumulated other comprehensive income 42,149 42,149
Total stockholders' equity 3,281,030 13,316,975
Total liabilities and stockholders' equity $ 8,786,085 $ 18,516,620

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