Short-Term Investments and Amounts in Escrow
|9 Months Ended|
Dec. 31, 2019
|Short-term Investments [Abstract]|
|Short-term Investments and amounts in escrow||
At December 31, 2019, the Company has a $56,603 (CAD$75,000) (March 31, 2019 - $38,147 (CAD$50,000) Guaranteed Investment Certificate ("GIC") held as security against a corporate credit card. The GIC bears interest at 0.5% per annum and matures February 4, 2020.
At December 31, 2019, the Company's solicitor is holding $1,362,706 (March 31, 2019 - $1,698,791) relating to proceeds under customer contracts to be released upon satisfying performance obligations.
The entire disclosure of the components of cash, cash equivalents, and short-term investments. Short-term investments may include current marketable securities.
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef