| Property, plant & equipment, net |
Note 10 — Property, plant & equipment, net
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Lab Equipment |
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Computer Equipment |
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Capitalized Software |
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Furniture & Fixtures |
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Total |
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Cost |
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Balance as of March 31, 2023 |
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$ |
— |
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|
$ |
4,828 |
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|
$ |
— |
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|
$ |
6,276 |
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|
$ |
11,104 |
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Additions |
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|
890,867 |
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|
11,859 |
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|
49,771 |
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— |
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952,497 |
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Disposals |
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— |
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(4,828 |
) |
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— |
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(6,276 |
) |
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(11,104 |
) |
Effects of currency translation |
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— |
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— |
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— |
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— |
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— |
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Balance as of March 31, 2024 |
|
$ |
890,867 |
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|
$ |
11,859 |
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|
$ |
49,771 |
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$ |
— |
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$ |
952,497 |
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Accumulated Depreciation |
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Balance as of March 31, 2023 |
|
$ |
— |
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|
$ |
4,828 |
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|
$ |
— |
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|
$ |
6,276 |
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|
$ |
11,104 |
|
Depreciation |
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|
52,671 |
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|
|
2,199 |
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|
|
— |
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|
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— |
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|
|
54,870 |
|
Disposals |
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|
|
|
|
(4,828 |
) |
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|
|
|
|
(6,276 |
) |
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|
(11,104 |
) |
Effects of currency translation |
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|
— |
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|
|
— |
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|
|
— |
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|
|
— |
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|
|
— |
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Balance as of March 31, 2024 |
|
$ |
52,671 |
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|
$ |
2,199 |
|
|
$ |
— |
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|
$ |
— |
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|
$ |
54,870 |
|
Depreciation expense for the year ended March 31, 2024 was $54,870. There was no depreciation expense for the years ended March 31, 2023 and 2022.
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