Quarterly report pursuant to Section 13 or 15(d)

Warranty provision

v3.20.2
Warranty provision
6 Months Ended
Sep. 30, 2020
Warranty Provision [Abstract]  
Warranty provision
11. Warranty provision

During the three and six months ended September 30, 2020, the Company recorded a non-cash warranty provision of $383,414 (September 30, 2019 - $1,162,879) and $1,247,295 (September 30, 2019 - $1,238,653) respectively as the Company provides warranties to customers for the design, materials, and installation of scrubber units. Product warranty is recorded at the time of sale and will be revised based on new information as system performance data becomes available.


A summary of the changes in the warranty provision is shown below: 


    September 30,
2020
$
    March 31,
2020
$
 
             
Balance, beginning of period     1,089,356       121,345  
Provision for warranty     1,247,295       1,630,541  
Expenses incurred     (766,932 )     (662,530 )
                 
Balance, end of period     1,569,919       1,089,356