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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
SCHEDULE OF REVENUE RECOGNITION

The Company recognized the following forms of revenue for the fiscal years ended March 31, 2023 and 2022:

 

   2023   2022 
   $   $ 
Technology fees   8,802,032    5,904,393 
Device sales   837,025    995,876 
Service-related and other revenue   -    750,000 
Revenue   9,639,057    7,650,269 
SCHEDULE OF INVENTORIES

 

   2023   2022 
   $    $ 
Raw material   1,186,735    468,454 
Finished goods   1,150,271    374,470 
           
Inventories   2,337,006    842,924 
SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS

The fair value of financial instruments measured on a recurring basis is as follows (in thousands):

 

   As of March 31, 2023 
Description  Total   Level 1   Level 2   Level 3 
Liabilities:                
Derivative liabilities, short-term  $1,008,216   $   $   $1,008,216 
Derivative liabilities, long-term   759,065            759,065 
Total liabilities at fair value  $1,767,281   $   $   $1,767,281 

 

   As of March 31, 2022 
Description  Total   Level 1   Level 2   Level 3 
Liabilities:                
Derivative liabilities, short-term  $520,747   $   $   $520,747 
Derivative liabilities, long-term   352,402            352,402 
Total liabilities at fair value  $873,149   $   $   $873,149 
SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES

 

  Office equipment 5 years
  Leasehold improvement 5 years