v3.25.4
Loans Payable
9 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Loans Payable [Text Block]

12. Loans Payable

On March 31, 2021, as part of the sale of the net assets in Boden Technologies AB, the Company incurred a loan payable.  The facility bears interest at the Swedish government borrowing rate plus 1% per annum and has a maturity date of December 31, 2035.  Principal payment plus interest is payable annually.  The loan payable is contingently forgiven based on a favourable ruling from the Swedish Tax Authority on the ongoing value tax assessment.

A continuity of the loan balances are as follows:

Balance, March 31, 2024 $ 13,188  
Interest    414  
Repayment   (1,343 )
Foreign exchange movement   734  
Balance, March 31, 2025   12,993  
       
Interest    244  
Repayment   (3,064 )
Foreign exchange movement   1,115  
Balance, December 31, 2025   11,288  
       
Less: current portion   (1,460 )
Non-current portion $ 9,828