Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:      
Net Loss $ (6,067,232) $ (6,739,120) $ (5,457,763)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 266,601 54,870  
Amortization of right-of-use assets 76,786 48,229  
Impairment of intangible asset   390,355  
Accretion expense 45,600 30,003  
Stock-based compensation 365,309 1,011,973 1,734,601
Stock issued for services     20,000
Gain on debt extinguishment   (12,465) (294,383)
Other expense   85,500  
Foreign currency translation loss 123,743 3,668 111
Net changes in operating assets & liabilities:      
Prepaid expenses and deposits (26,600) (231,307) (275,476)
Inventories (34,292) (60,383) 20,951
VAT receivable 187,189 (217,843)  
Loan payable 32,468    
Accounts payable to related parties 337,576    
Deferred revenue   (38,250) 38,250
Accounts payable and accrued liabilities 129,276 (572,246) 33,942
Net cash used in operating activities (4,563,576) (6,247,016) (4,179,767)
Cash flows from investing activities:      
Investment - internally developed software   (211,952) (178,403)
Purchase of property, plant & equipment (603,890) (952,497)  
Net cash used in investing activities (603,890) (1,164,449) (178,403)
Cash flows from financing activities:      
Lease payments (107,756) (56,366)  
Proceeds from (payments to) related parties   (18,296) (111,645)
Proceeds from shares issuance for cash 5,128,186 234 13,654,347
Proceeds from warrant exercise 786,736 1,872,505  
Proceeds from note payable     487,500
Payments on note payable   (149,906) (341,250)
Net cash provided by financing activities 5,807,166 1,648,171 13,688,952
Net change in cash 639,700 (5,763,294) 9,330,782
Cash at beginning of year 3,589,244 9,352,538 21,756
Cash at end of year 4,228,944 3,589,244 9,352,538
Supplemental disclosure of cash flow information      
Interest (78,953) 6,104 15,468
Supplemental disclosure of non-cash investing and financing activities:      
Addition of Right-of-use assets $ 181,641 $ 254,319  
Shares issued for settlement of related party payable     $ 149,433