Quarterly report pursuant to Section 13 or 15(d)

Segmented Information

v3.20.4
Segmented Information
9 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segmented Information
17. Segmented Information

The Company is located and operates in North America and its subsidiaries are primarily located and operating in Europe and Asia. Significant long-term assets are geographically located as follows:


    December 31, 2020  
    North America
$
    Europe
$
    Asia
$
    Total
$
 
                         
Property and equipment     134,666       212,982       939,225       1,286,873  
Intangible assets     8,187,723       -       3,434,262       11,621,985  
Right of use assets     58,864       913,673       245,034       1,217,571  
                                 
      8,381,253       1,126,655       4,618,521       14,126,429  

Nine months Ended December 31, 2020   Asia
$
    Europe
$
    Total
$
 
Revenues by customer region     483,358       41,645,534       42,128,892  
                         

Three Months Ended December 31, 2020   Asia
$
    Europe
$
    Total
$
 
Revenues by customer region     344,127       4,314,339,       4,658,466  
                         

    December 31, 2019  
    North America
$
    Europe
$
    Asia
$
    Total
$
 
                         
Property and equipment     146,672       239,276       1,315,717       1,701,665  
Intangible assets     9,065,190       -       -       9,065,190  
Right of use assets     100,098       1,590,030       -       1,690,128  
                                 
      9,311,960       1,829,306       1,315,717       12,456,983  

Nine months ended December 31, 2019   Asia
$
    Europe
$
    Total
$
 
Revenues by customer region     8,114,000       96,910,728       105,024,728  

Three months ended December 31, 2019   Asia
$
    Europe
$
    Total
$
 
Revenues by customer region     1,050,884       36,471,065       37,521,949  

For the three and nine months ended December 31, 2020, 87% (December 31, 2019 – 81%) and 98% (December 31, 2019 – 75%) of the Company’s revenues were derived from three customers, of which two customers are under the same common ownership and control.