Balance Sheet

v3.21.2
Condensed Consolidated Interim Balance Sheets (unaudited) - USD ($)
Sep. 30, 2021
Mar. 31, 2021
ASSETS    
Cash and cash equivalent $ 15,908,686 $ 23,436,417
Short-term investments and amounts in escrow (Note 3) 888,579 1,126,728
Accounts receivable, net of allowance for doubtful accounts of $1,543,685 and $1,559,757, respectively 8,293,166 10,996,220
Prepaid expenses and parts inventory 1,770,219 932,948
Contract assets (Note 10) 3,868,678 4,329,607
Lease receivable (Note 4) 179,819 406,366
Total Current Assets 30,909,147 41,228,286
Long term receivable 620,162 2,735,415
Project under development (Note 9) 2,236,420 2,001,116
Property and equipment (Note 5) 1,172,006 1,229,828
Intangible assets (Note 6) 10,466,841 11,180,524
Goodwill (Note 7 and 8) 4,356,788 4,293,789
Right of use asset 926,803 1,118,949
Security deposit 615,559 635,870
Total Assets 51,303,726 64,423,777
Current Liabilities    
Accounts payable and accrued liabilities (Note 12) 15,628,689 24,486,138
Warranty provision (Note 13) 2,150,643 2,425,107
Contract liabilities (Note 10) 19,038,435 13,603,559
Current portion of lease obligation 489,759 490,947
Due to related parties (Note 14)   174,837
Total Current Liabilities 37,307,526 41,180,588
Long-term accounts payable and accrued liabilities (Note 12) 996,831 3,294,342
Long-term lease obligation (Note 18) 565,943 822,289
Total Liabilities 38,870,300 45,297,219
Stockholders’ Equity    
Preferred stock, 10,000,000 shares authorized, $0.001 par value nil and nil shares issued and outstanding, respectively
Common stock, 500,000,000 shares authorized, $0.001 par value 47,026,886 and 46,990,565 shares issued and outstanding, respectively 47,027 46,991
Additional paid-in capital 92,379,035 92,327,092
Accumulated other comprehensive income 1,110,057 892,732
Deficit (81,102,693) (74,140,257)
Total Stockholders’ Equity 12,433,426 19,126,558
Total Liabilities and Stockholders’ Equity $ 51,303,726 $ 64,423,777

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