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CAPITAL DISCLOSURES | 3 Months Ended
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Jun. 30, 2021
Capital Disclosures |
CAPITAL DISCLOSURES | NOTE 20. CAPITAL DISCLOSURES The Company considers the items included in shareholders’ equity as capital. The Company had accounts payable and accrued expenses of approximately $1.6 million as of June 30, 2021 (approximately $1.9 million as of March 31, 2021) and current assets of approximately $30.6 million 30,612 as of June 30, 2021 (approximately $4.9 million as 4,946 of March 31, 2021). The Company’s objectives when managing capital are to safeguard the Company’s ability to continue as a going concern in order to pursue new business opportunities and to maintain a flexible capital structure, which optimizes the costs of capital at an acceptable risk. The Company manages the capital structure and makes adjustments to it in light of changes in economic conditions and the risk characteristics of the underlying assets. As of June 30, 2021, shareholders’ equity attributable to the owners of the company was approximately $127.7 million 127,711 (approximately $101.4 million 101,449 as of March 31, 2021). The Company is not subject to any externally imposed capital requirements and does not presently utilize any quantitative measures to monitor its capital. There have been no changes to the Company’s approach to capital management during the three months ended June 30, 2021 and 2020.

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