v3.24.0.1
Note 7 - Leases (Tables)
9 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Supplemental balance sheet information

Supplemental balance sheet information related to leases as of December 31, 2023 was as follows:

 

 

December 31, 2023

 

March 31, 2023

 

 

$

 

$

Operating lease right of use asset

 

23

 

463

Operating lease liability, current

 

24

 

75

Operating lease liability, long-term

 

 

410

Total operating lease liability

 

24

 

485

Supplemental lease expense

Supplemental lease expense related to leases is as follows:

 

 

Three months ended

 

Nine months ended

 

 

December 31, 2023

 

December 31, 2022

 

December 31, 2023

 

December 31, 2022

 

 

$

 

$

 

$

 

$

Operating lease cost

 

23

 

22

 

70

 

69

Total lease expense

 

23

 

22

 

70

 

69

 

Schedule of Lease Costs Recognized for Operating Leases

The following table contains a summary of the lease costs recognized under ASC 842 and other information pertaining to the Corporation’s operating lease for the nine-month period ended December 31, 2023:

 

Operating cash flows for operating lease

 

$

70

 

Weighted-average remaining lease term (in years)

 

 

0.25

 

Weighted-average discount rate

 

 

4.3

%

Schedule of Future Minimum Lease Payments

Future minimum lease payments under the Corporation’s operating lease as of December 31, 2023 were as follows:

 

 

December 31, 2023

 

 

 

$

 

2024

 

 

24

 

2025 and thereafter

 

 

 

Total lease payments

 

 

24

 

Less: interest

 

 

 

Total lease liability

 

 

24