v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Mar. 31, 2025
Current assets    
Cash $ 9,129 $ 10,737
Accounts receivable 474 459
Inventory 1,061 1,061
Other current assets 303 273
Total current assets 10,967 12,530
Plant and Equipment, net 27,346 28,450
Intangible assets, net 2,459 3,266
Right of use asset 164 232
Total assets 40,936 44,478
Current liabilities    
Accounts payable 798 1,293
Accrued liabilities 503 533
Obligation to issue shares, related party 0 679
Lease obligation, current 97 89
Total current liabilities 1,398 2,594
Warrant liability 6,084 15,151
Lease obligation, long-term 70 143
Total liabilities 7,552 17,888
Commitments and contingencies
Shareholders' equity    
Share capital, no par, 316,573 and 268,993 common shares issued and outstanding, respectively, as of December 31, 2025 and March 31, 2025 67,530 66,156
Accumulated deficit (34,146) (39,566)
Total shareholders' equity 33,384 26,590
Total liabilities and shareholders' equity $ 40,936 $ 44,478