Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Interim Balance Sheets

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Condensed Consolidated Interim Balance Sheets - USD ($)
Jun. 30, 2018
Mar. 31, 2018
Current    
Cash and cash equivalents $ 959,704 $ 507,311
Trade accounts receivable (net of allowance for doubtful accounts of $19,694; March 31, 2018 - $19,694) 370,180 212,730
Prepaid expenses and other receivables (Note 5) 485,438 433,655
Inventories (Note 6) 155,795 237,443
Due from related parties (Note 9(a) 18,547 18,897
Total Current Assets 1,989,664 1,410,036
Equipment (Note 7) 150,210 159,961
Technology and other Assets (Note 4) 4,635,666 4,706,719
Goodwill 22,308,275 22,308,275
Total Assets 29,083,815 28,584,991
Current    
Accounts Payable (Notes 9(b) and 13) 736,141 724,673
Accrued liabilities (Notes 8 and 9(b)) 1,127,364 1,529,505
Customer advances 800 800
Demand Loans (Note 8) 0 51,479
Convertible Loans (Note 8) 1,692,187 0
Conversion Feature on Convertible Loans (Note 8) 1,455,655 0
Deferred revenue 129,784 122,667
Shares to be issued, stock options and warrants (Notes 10,11 and 12) 0 5,692,853
Total Current Liabilities 5,141,931 8,121,977
Shareholders' Equity    
Preferred Stock, par value $0.001; Authorized - 10,000,000; Special Voting Preferred Stock, par value $0.001; Authorized, issued and outstanding - 1 (March 31, 2018 – 1) 0 0
Common Shares, par value $0.001; Authorized - 500,000,000 (March 31, 2018 - 250,000,000); Issued and outstanding 247,873,882 and 41,271,880 Exchangeable Shares (March 31, 2018 - 205,328,106 and 44,271,880 Exchangeable Shares) (Note 10) 289,145 249,599
Additional paid-in capital 60,147,628 55,947,606
Deficit (36,537,038) (35,776,340)
Accumulated other comprehensive income 42,149 42,149
Total Shareholders' Equity 23,941,884 20,463,014
Total Liabilities and Shareholders' Equity $ 29,083,815 $ 28,584,991