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v3.25.2

Consolidated Statements of Net Income/(Loss) and Comprehensive Income/(Loss) - USD ($) | 12 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Mar. 31, 2023
Expenses |  |  |
Sales and marketing | $ 483,530 | $ 80,603 | $ 7,029
Research and development | 342,168 | 954,593 | 1,608,895
General and administrative | 1,209,847 | 557,904 | 366,435
Professional and consulting fees | 1,623,209 | 1,158,484 | 1,252,510
Loss before other items | (3,658,754) | (2,751,584) | (3,234,869)
Other items |  |  |
Other income |  | 879,344 |
Depreciation | (4,268) | (240) |
Interest income | 95,787 | 2,134 | 1,554
Interest expense | (9,270) | (52,941) |
Foreign exchange (loss)/gain | (7,317) | (2,695) | 26,912
Listing expense |  | (41,481,605) |
Transaction expense |  | (2,461,025) |
Gain on debt settlement |  | 281,500 |
Fair value gain/(loss) on convertible note | 3,357,628 | (5,157,397) |
Fair value gain/(loss) on warrant liability | 694,516 | (306,250) |
Fair value gain/(loss) on promissory notes | 705,565 | (108,288) |
Fair value loss on warrant exchange | (185,064) |  |
Fair value gain on investment in Psyence Labs Ltd | 22,967 |  |
NET INCOME/(LOSS) | 1,011,790 | (51,159,048) | (3,206,403)
Other comprehensive income/(loss) |  |  |
Foreign exchange gain/(loss) on translation | (9,859) | 3,715 | (89,828)
Other comprehensive income |  | 191,982 |
TOTAL COMPREHENSIVE INCOME/(LOSS) | $ 1,001,931 | $ (50,963,351) | $ (3,296,231)
Income/(Loss) per share - basic (in Dollars per share) | $ 5.24 | $ (4,674.25) | $ (394.06)
Income/(Loss) per share - diluted (in Dollars per share) | $ 5.24 | $ (4,674.25) | $ (394.06)
Weighted average number of outstanding shares - basic (in Shares) | 193,043 | 10,903 | 8,365
Weighted average number of outstanding shares - diluted (in Shares) | 193,043 | 10,903 | 8,365

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