GreenPower Motor (GP) 6-K/A 6 May 24 Current report (foreign) (amended) Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Dec. 31, 2023
Document Information [Line Items]
Entity Registrant Name	GreenPower Motor Company Inc.
Entity Central Index Key	0001584547
Document Type	6-K/A
Amendment Flag	true
Amendment Description	This Form 6-K/A amends the Form 6-K filed by GreenPower Motor Company Inc. (the “Company”) on February 13, 2024 (the “Original Form 6-K”). This Form 6-K/A is being filed for the purposes of (1) adding Exhibit 101 and to furnish the Interactive Data File (as defined in Rule 11 of Regulation S-T) as Exhibit 101 in accordance with Rule 405 of Regulation S-T for Exhibit 99.1 of the Original Form 6-K, which is the Company’s consolidated condensed interim financial statements for the three and nine months ended December 31, 2023 and December 31, 2022 and (2) filing a copy of Contract of Lease-Purchase dated May 2, 2022, effective August 1, 2022 between South Charleston Development Authority and GreenPower Manufacturing WV Inc.   Except as described above, no changes have been made to the Original Form 6-K, and this Form 6-K/A does not amend, update or change any other items or disclosures in the Original Form 6-K. Further this Form 6-K does not reflect subsequent events occurring after the filing date of the Original Form 6-K or modify or update in any way disclosures in the Original Form 6-K.
Current Fiscal Year End Date	--03-31
Document Period End Date	Dec. 31, 2023
Entity File Number	001-39476

Consolidated Condensed Interim

Consolidated Condensed Interim Statements of Financial Position (Unaudited) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Current
Cash	$ 3,961,409	$ 600,402
Accounts receivable, net of allowances	3,921,063	10,406,906
Current portion of finance lease receivables	137,535	1,051,873
Promissory note receivable	0	159,171
Inventory	32,902,039	41,609,234
Prepaids and deposits	1,025,397	328,584
Total current assets	41,947,443	54,156,170
Non-current
Finance lease receivables	1,077,701	1,918,483
Right of use assets	4,316,884	4,845,738
Property and equipment	2,412,203	2,604,791
Restricted deposit	410,098	0
Other assets	1	1
Total assets	50,164,330	63,525,183
Current
Line of credit	7,686,591	6,612,232
Accounts payable and accrued liabilities	2,336,591	7,316,267
Current portion of deferred revenue	8,206,961	8,059,769
Loans payable to related parties	2,838,245	3,287,645
Current portion of lease liabilities	686,723	669,040
Current portion of warranty liability	743,230	535,484
Current portion of deferred benefit of government assistance	18,986	18,374
Current portion of term loan	1,627	1,467
Total current liabilities	22,518,954	26,500,278
Non-current
Deferred revenue	2,520,330	1,938,840
Lease liabilities	4,119,987	4,570,811
Other liabilities	27,841	34,265
Term loan	607,623	608,751
Deferred benefit of government assistance	653,625	667,967
Warranty liability	1,663,299	1,542,265
Total liabilities	32,111,659	35,863,177
Equity
Share capital	76,332,163	75,528,238
Reserves	14,270,673	13,066,183
Accumulated other comprehensive loss	(96,014)	(141,443)
Accumulated deficit	(72,454,151)	(60,790,972)
Total equity	18,052,671	27,662,006
Total liabilities and equity	$ 50,164,330	$ 63,525,183

Consolidated Condensed Interi_2

Consolidated Condensed Interim Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement Abstract
Revenue	$ 8,157,931	$ 12,803,038	$ 34,178,949	$ 24,391,602
Cost of Sales	6,802,965	10,578,331	28,803,838	19,491,028
Gross Profit	1,354,966	2,224,707	5,375,111	4,900,574
Sales, general and administrative costs
Salaries and administration	2,323,305	1,782,750	6,404,331	5,162,709
Depreciation	466,763	330,522	1,354,233	816,550
Product development costs	442,387	615,759	1,577,486	1,370,432
Office expense	457,684	318,508	1,178,011	539,610
Insurance	435,017	585,096	1,254,203	1,257,294
Professional fees	389,986	383,372	1,283,204	1,070,687
Sales and marketing	163,806	145,264	455,746	747,860
Share-based payments	259,188	500,933	1,377,885	3,177,449
Transportation costs	51,651	107,251	174,824	171,091
Travel, accommodation, meals and entertainment	143,663	204,104	414,598	521,181
Allowance / (recovery) for credit losses	121,097	235,032	314,110	209,995
Impairment of finance lease receivable	423,267	0	423,267	0
Total sales, general and administrative costs	5,677,814	5,208,591	16,211,898	15,044,858
Loss from operations before interest, accretion and foreign exchange	(4,322,848)	(2,983,884)	(10,836,787)	(10,144,284)
Interest and accretion	(342,590)	(465,188)	(886,576)	(1,112,485)
Other income	0	72,867	0	72,867
Foreign exchange (loss) / gain	23,718	0	12,144	(36)
Loss for the period	(4,641,720)	(3,376,205)	(11,711,219)	(11,183,938)
Other comprehensive income / (loss)
Cumulative translation reserve	30,711	52,372	45,429	(98,814)
Total comprehensive loss for the period	$ (4,611,009)	$ (3,323,833)	$ (11,665,790)	$ (11,282,752)
Loss per common share, basic	$ (0.19)	$ (0.14)	$ (0.47)	$ (0.48)
Loss per common share, diluted	$ (0.19)	$ (0.14)	$ (0.47)	$ (0.48)
Weighted average number of common shares outstanding, basic	24,962,086	23,401,591	24,937,992	23,234,740
Weighted average number of common shares outstanding, diluted	24,962,086	23,401,591	24,937,992	23,234,740

Consolidated Condensed Interi_3

Consolidated Condensed Interim Statements of Changes in Equity (Unaudited) - USD ($)	Share Capital [Member]	Reserves [Member]	Accumulated other comprehensive income (loss) [Member]	Accumulated Deficit [Member]	Total
Balance at Mar. 31, 2022	$ 70,834,121	$ 10,038,816	$ (128,436)	$ (46,359,308)	$ 34,385,193
Balance (shares) at Mar. 31, 2022	23,148,038
Shares issued for cash	$ 1,100,145				$ 1,100,145
Shares issued for cash (shares)	458,404				458,404
Share issuance costs	$ (86,005)				$ (86,005)
Shares issued for conversion of stock options	$ 15,094	(6,333)			8,761
Shares issued for conversion of stock options (shares)	3,322
Fair value of stock options forfeited		(593,818)		593,818
Share-based payments		3,177,449			3,177,449
Cumulative translation reserve			(98,814)		(98,814)
Net loss for the period				(11,183,938)	(11,183,938)
Balance at Dec. 31, 2022	$ 71,863,355	12,616,114	(227,250)	(56,949,428)	27,302,791
Balance (shares) at Dec. 31, 2022	23,609,764
Balance at Mar. 31, 2023	$ 75,528,238	13,066,183	(141,443)	(60,790,972)	27,662,006
Balance (shares) at Mar. 31, 2023	24,716,628
Shares issued for cash	$ 520,892				$ 520,892
Shares issued for cash (shares)	188,819				188,819
Share issuance costs	$ (14,904)				$ (14,904)
Shares issued for exercise of options	$ 297,937	(125,355)			172,582
Shares issued for exercise of options (shares)	71,429
Fair value of stock options forfeited		(48,040)		48,040
Share-based payments		1,377,885			1,377,885
Cumulative translation reserve			45,429		45,429
Net loss for the period				(11,711,219)	(11,711,219)
Balance at Dec. 31, 2023	$ 76,332,163	$ 14,270,673	$ (96,014)	$ (72,454,151)	$ 18,052,671
Balance (shares) at Dec. 31, 2023	24,976,876

Consolidated Condensed Interi_4

Consolidated Condensed Interim Statements of Cash Flows (Unaudited)	9 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Cash flows from (used in) operating activities
Loss for the period	$ (11,711,219)	$ (11,183,938)
Items not affecting cash
Allowance for credit losses	314,110	209,995
Depreciation	1,354,233	816,550
Share-based payments	1,377,885	3,177,449
Accretion and accrued interest	263,422	171,311
Gain on disposal of equipment	0	(72,867)
Impairment of finance lease receivable	423,627	0
Cash flow used in operating activities before changes in working capital	(7,977,942)	(6,881,500)
Changes in working capital:
Accounts receivable	6,614,903	(4,862,151)
Inventory	9,389,526	(13,334,969)
Prepaids and deposits	(696,813)	198,426
Finance lease receivables	74,926	244,927
Accounts payable and accrued liabilities	(4,979,676)	5,190,276
Deferred revenue	728,682	6,014,238
Warranty liability	627,638	716,704
Total cash flows from (used in) operating activities	3,781,244	(12,714,049)
Cash flows from (used in) investing activities
Proceeds from disposal of property and equipment, net of fees	0	874,184
Purchase of property and equipment	(291,249)	(222,232)
Restricted deposit	(400,000)	0
Acquisition of assets from Lion Truck Body Inc.	0	(215,000)
Total cash flows from (used in) investing activities	(691,249)	436,952
Cash flows from (used in) financing activities
(Repayment of) / loans from related parties	(449,400)	3,202,156
Proceeds from (repayment of) line of credit	1,074,359	2,211,892
Payments on lease liabilities	(789,796)	(164,561)
Promissory note receivable	30,111	0
Repayment of other liabilities	(6,424)	0
Proceeds from issuance of common shares	520,892	1,100,145
Equity offering costs	(14,904)	(86,005)
Proceeds from exercise of stock options	172,582	8,761
Term loan	(968)	0
Total cash flows from (used in) financing activities	536,452	6,272,388
Foreign exchange on cash	(265,440)	(273,978)
Net increase (decrease) in cash	3,361,007	(6,278,686)
Cash, beginning of period	600,402	6,888,322
Cash, end of period	$ 3,961,409	$ 609,636

Nature and Continuance of Opera

Nature and Continuance of Operations and Going Concern	9 Months Ended
	Dec. 31, 2023
Nature And Continuance Of Operations And Going Concern [Abstract]
Nature and Continuance of Operations and Going Concern [Text Block]	1. GreenPower Motor Company Inc. ("GreenPower" or the "Company") was incorporated in the Province of British Columbia on September 18, 2007. The Company is a manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector. The corporate office is located at Suite 240 - 209 Carrall St., Vancouver, Canada. These consolidated condensed interim financial statements have been prepared in accordance with IAS 34 Interim Financial Reporting as issued by the IASB. They do not include all disclosures that would otherwise be required in a complete set of financial statements and should be read in conjunction with our audited financial statements for the year ended March 31, 2023. The Company's continuing operations are dependent upon its ability to raise capital and generate cash flows. As at December 31, 2023, the Company had a cash balance of $3,961,409, working capital, defined as current assets less current liabilities, of $19,428,489 accumulated deficit of $(72,454,151) and shareholder's equity of $18,052,671. These consolidated condensed interim financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue in existence. The continuation of the Company as a going concern is dependent on future cash flows from operations including the successful sale and manufacture of electric vehicles to achieve a profitable level of operations and obtaining necessary financing to fund ongoing operations. The Company's ability to achieve its business objectives is subject to material uncertainty which casts substantial doubt upon the Company's ability to continue as a going concern. Management plans to address this material uncertainty by selling vehicles in inventory, collecting accounts receivable, utilizing the Company's operating line of credit and by seeking potential new sources of financing. These consolidated condensed interim financial statements were approved by the Board of Directors on February 12, 2024.

Material Accounting Policies

Material Accounting Policies	9 Months Ended
	Dec. 31, 2023
Disclosure Of Detailed Information About Significant Accounting Policies [Abstract]
Material Accounting Policies [Text Block]	2. Basis of presentation GreenPower has applied the same accounting policies and methods of computation in its Consolidated Condensed Interim Financial Statements as in the annual audited financial statements for the year ended March 31, 2023, except for the following which either did not apply to the prior year or are amendments which apply for the current fiscal year. Adoption of accounting standards Certain new accounting standards have been published by the IASB that are effective for annual reporting periods beginning on or after January 1, 2023, as follows: Amendments to these standards did not cause a change to the Company's financial statements. Future accounting pronouncements Certain new accounting standards and interpretations have been published by the IASB that are mandatory for the annual period beginning April 1, 2024. The Company has reviewed new and revised accounting pronouncements that have been issued but are not yet effective. The Company has not early adopted any of these standards and is currently evaluating the impact, if any, that these standards might have on its consolidated condensed interim financial statements.

Cash

Cash	9 Months Ended
	Dec. 31, 2023
Cash And Cash Equivalents Abstract
Cash [Text Block]	3. As at December 31, 2023 the Company has a cash balance of $3,961,409 (March 31, 2023 - $600,402) which is on deposit at major financial institutions in North America. The Company has no cash equivalents as at December 31, 2023 or at March 31, 2023.

Accounts Receivable and Promiss

Accounts Receivable and Promissory Note Receivable	9 Months Ended
	Dec. 31, 2023
Accounts Receivable And Promissory Note Receivable [Abstract]
Accounts Receivable and Promissory Note Receivable [Text Block]	4. The Company has evaluated the carrying value of accounts receivable and its promissory note receivable as at December 31, 2023 in accordance with IFRS 9 and has determined that an allowance against accounts receivable of $329,743 and an allowance against Promissory Note Receivable of $131,089 as at December 31, 2023 (March 31, 2023 - $139,370 and $0) is warranted.

Finance Lease Receivable

Finance Lease Receivable	9 Months Ended
	Dec. 31, 2023
Disclosure of Finance Lease Receivables [Abstract]
Finance Lease Receivable [Text Block]	5. Finance Lease Receivable Greenpower's wholly owned subsidiaries San Joaquin Valley Equipment Leasing Inc. and 0939181 BC Ltd. lease vehicles to several customers, and as at December 31, 2023, the Company had a total of 8 (March 31, 2023 - 45) vehicles on lease that were determined to be finance leases and the Company had a total of 4 (March 31, 2023 - 1) vehicles on lease that were determined to be operating leases. Between March 31, 2023 and December 31, 2023, 37 vehicles previously under finance lease were repossessed (Note 19) and 2 finance leases reached maturity. During the three and nine months ended December 31, 2023, the Company entered into 2 finance leases and 3 operating leases (three and nine months ended December 31, 2022 - nil finance leases and nil operating leases). As at December 31, 2023 the Company recognized an impairment of $423,267 on finance lease receivables. The impairment is related to a significant increase in credit risk associated with finance leases for five vehicles with one customer. As at December 31, 2023, the remaining payments to be received on Finance Lease Receivables are as follows: 31-Dec-23 Year 1 $ 364,205 Year 2 364,205 Year 3 372,605 Year 4 346,200 Year 5 691,702 less: amount representing interest income (923,681 ) Finance Lease Receivable $ 1,215,236 Current Portion of Finance Lease Receivable $ 137,535 Long Term Portion of Finance Lease Receivable $ 1,077,701

Inventory

Inventory	9 Months Ended
	Dec. 31, 2023
Classes of current inventories [abstract]
Inventory [Text Block]	6. Inventory The following is a listing of inventory as at December 31, 2023 and March 31, 2023: December 31, 2023 March 31, 2023 Work in Process and Parts $ 16,036,373 $ 9,737,474 Finished Goods 16,865,666 31,871,760 Total $ 32,902,039 $ 41,609,234 The Company's finished goods inventory is primarily comprised of EV Stars, EV Star Cab and Chassis, BEAST Type D school buses, and Nano BEAST Type A school buses. During the three months ended December 31, 2023, $5,645,273 of inventory was included in cost of sales (December 31, 2022 - $8,626,522). During the three and nine months ended December 31, 2023 there was a writedown of inventory totaling $408,651 related to 1 EV550, 3 EV Star Cargo, 25 EV Star and 10 EV Star CC, and there were no writedowns of inventory in the three and nine months ended December 31, 2022. During the nine months ended December 31, 2023, $25,506,204 of inventory was included in cost of sales (December 31, 2022 - $17,465,610).

Right of Use Assets and Lease L

Right of Use Assets and Lease Liabilities	9 Months Ended
	Dec. 31, 2023
Disclosure of Right of Use Assets and Lease Liabilities [Abstract]
Right of Use Assets and Lease Liabilities [Text Block]	7. The Company has recorded Right of Use Assets and Lease Liabilities in its consolidated statement of financial position for lease agreements that the Company has entered into that expire in more than one year at the inception of the leases. These leases are in a single class of Right of Use Assets, whose carrying value at December 31, 2023 was $4,316,884 (March 31, 2023 - $4,845,738). Rental payments on the Right of Use Assets are discounted using an 8.0% rate of interest and capitalized on the Consolidated Statement of Financial Position as Lease Liabilities. The value of the Right of Use Assets is determined at lease inception and include the capitalized lease liabilities, incorporate upfront costs incurred and incentives received, and the value is depreciated over the term of the lease. For the three months ended December 31, 2023 the Company incurred interest expense of $93,162 (2022 - $95,770) on the Lease Liabilities, recognized depreciation expense of $190,563 (2022 - $187,704) on the Right of Use Assets and made total rental payments of $256,458 (2022 - $91,993). For the nine months ended December 31, 2023, the Company incurred interest expense of $287,250 (2022 - $135,044) on the Lease Liabilities, recognized depreciation expense of $592,985 (2022 - $384,328) on the Right of Use Assets and made total rental payments of $789,796 (2022 - $315,751). GreenPower entered into a Contract of Lease-Purchase with the South Charleston Development Authority for a property located in South Charleston, West Virginia during the year ended March 31, 2023. The terms of the lease required no cash up front and monthly lease payments that start May 1, 2023. GreenPower is eligible for up to $1,300,000 forgiveness on the lease, calculated on a pro-rata basis for the employment of up to 200 employees by December 31, 2024. GreenPower is also eligible for additional forgiveness of $500,000 for every 100 employees above the first 200. Title to the property will be transferred to GreenPower once total lease payments and the amount of the forgiveness reach $6.7 million. The lease liability recorded for this lease at lease inception was not reduced to reflect contingently forgivable amounts due to the uncertainty of the attainment of employment levels required to realize these lease liability reduction benefits at the inception of the lease. The following table summarizes changes in Right of Use Assets between March 31, 2023 and December 31, 2023: Right of Use Assets, March 31, 2023 $ 4,845,738 Depreciation (592,985 ) Transfer to deposit (5,000 ) Additions during the period 69,131 Right of Use Assets, December 31, 2023 $ 4,316,884 The following table summarizes changes in Right of Use Assets between March 31, 2022 and March 31, 2023: Right of Use Assets, March 31, 2022 $ 116,678 Additions 4,968,446 Additions in acquisition 448,512 Depreciation (571,793 ) Removal (101,105 ) Transfer to deposit (15,000 ) Right of Use Assets, March 31, 2023 $ 4,845,738 The following table shows the remaining undiscounted payments on lease liabilities, interest on lease liabilities and the carrying value of lease liabilities as at December 31, 2023. 31-Dec-23 1 year $ 1,027,585 thereafter $ 5,746,378 less amount representing interest expense $ (1,967,253 ) Lease liability $ 4,806,710 Current Portion of Lease Liabilities $ 686,723 Long Term Portion of Lease Liabilities $ 4,119,987

Property and Equipment

Property and Equipment	9 Months Ended
	Dec. 31, 2023
Property Plant And Equipment Abstract
Property and Equipment [Text Block]	8. The following is a summary of changes in Property and Equipment for the nine months ended December 31, 2023: Property and Equipment, March 31, 2023 $ 2,604,791 plus: purchases 291,249 plus: transferred from inventory 275,378 less: depreciation (761,798 ) plus: foreign exchange translation 2,583 Property and Equipment, December 31, 2023 $ 2,412,203 The following is a summary of changes in Property and Equipment for the twelve months ended March 31, 2023: Property and Equipment, March 31, 2022 $ 3,443,317 plus: purchases 355,992 plus: acquired in acquisition 268,252 less: sold (801,317 ) less: depreciation (662,152 ) plus: foreign exchange translation 699 Property and Equipment, March 31, 2023 $ 2,604,791

Restricted deposit

Restricted deposit	9 Months Ended
	Dec. 31, 2023
Restricted Deposit [Abstract]
Restricted deposit [Text Block]	9. On June 23, 2023 the Company agreed to pledge a $400,000 term deposit as security for an irrevocable standby letter of credit issued by the commercial bank to an insurance company that is providing the Company with a surety bond to support the Company's importation of goods to the United States. The term deposit has a term of one year and earns interest at a fixed rate of 4.9%. The surety bond was issued on June 28, 2023, has a term of one year and is automatically renewable for successive one-year terms unless cancelled by the bank with 45 days' notice or cancelled by the surety bond provider. The Company expects that the restricted deposit will be held as security for the standby letter of credit for a period of greater than one year.

Line of Credit

Line of Credit	9 Months Ended
	Dec. 31, 2023
Line of Credit [Abstract]
Line of Credit [Text Block]	10. The Company's primary bank account denominated in US dollars is linked to its Line of Credit such that funds deposited to the bank account reduce the outstanding balance on the Line of Credit. As at December 31, 2023 the Company's Line of Credit had a credit limit of up to $8,000,000 (March 31, 2023 - $8,000,000). The Line of Credit bears interest at the bank's US Base Rate (December 31, 2023 - 9.0% plus 2.0% margin, March 31, 2023 - 8.0% plus 1.5% margin). The Line of Credit is secured by a general floating charge on the Company's assets and the assets of one of its subsidiaries, and one of the Company's subsidiaries has provided a corporate guarantee. Two directors of the Company have provided personal guarantees for a total of $5,020,000. The Line of Credit contains customary business covenants such as maintenance of security, maintenance of corporate existence, and other covenants typical for a corporate operating line of credit, and the Line of Credit has one financial covenant, to maintain a current ratio greater than 1.2:1, for which the Company is in compliance as at December 31, 2023 and March 31, 2023. In addition, the availability of the credit limit over $5,000,000 is subject to margin requirements of a percentage of finished goods inventory and accounts receivable. As of December 31, 2023 the Company had a drawn balance of $7,686,591 (March 31, 2023 - $6,612,232) on the Line of Credit.

Share Capital

Share Capital	9 Months Ended
	Dec. 31, 2023
Disclosure Of Classes Of Share Capital Abstract
Share Capital [Text Block]	11. Authorized Unlimited number of common shares without par value Unlimited number of preferred shares without par value Issued During the nine months ended December 31, 2023 the Company issued a total of 71,429 shares from the exercise of stock options, and 188,819 shares through the Company's ATM. During the nine months ended December 31, 2022, the Company issued a total of 3,322 common shares from the exercise of stock options and 458,404 common shares through the Company's ATM. As at December 31, 2023 and March 31, 2023 the Company had no shares held in escrow. During the nine months ended December 31, 2023, and 2022 the Company recorded $14,904 and $86,005 respectively, in share issuance costs on its Consolidated Condensed Interim Statements of Changes in Equity in regards to the issuance of shares. At the Market Offering In September 2022, the Company filed a prospectus supplement to its short form base shelf prospectus, pursuant to which the Company may, at its discretion and from time to time, sell common shares of the Company for aggregate gross proceeds of up to US$20,000,000. The base shelf prospectus was filed in October 2021, and was effective for a period of 25 months until November 2023. The Company filed a new base shelf prospectus in January 2024. The sale of common shares under the prospectus supplement was made through ATM distributions on the NASDAQ stock exchange. During the nine months ended December 31, 2023, the Company sold 188,819 common shares under the ATM program for gross proceeds of $520,892 before transaction fees. The ATM expired in November 2023 due to the expiry of the base shelf prospectus. The Company incurred approximately $14,904 in professional fees and other direct expenses in connection with the ATM, which was included in share issuance costs for the nine months ended December 31, 2023 ($86,005 - December 31, 2022).

Stock options

Stock options	9 Months Ended
	Dec. 31, 2023
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement Abstract
Stock options [Text Block]	12. Stock options The Company has two incentive stock option plans whereby it grants options to directors, officers, employees, and consultants of the Company, the 2023 Equity Incentive Plan (the "2023 Plan") which was adopted in order to grant awards to people in the United States, and the 2022 Equity Incentive Plan (the "2022 Plan"). 2023 Plan Effective February 21, 2023, GreenPower adopted the 2023 Plan which was approved by shareholders at our AGM on March 28, 2023 in order to grant stock options or non-stock option awards to people in the United States. Under the 2023 Plan GreenPower can issue stock options that are considered incentive stock options, which are stock options that qualify for certain favorable tax treatment under U.S. tax laws. Nonqualified stock options are stock options that are not incentive stock options. The aggregate fair market value on the date of grant of Shares with respect to which incentive stock options are exercisable for the first time by an optionee subject to tax in the United States during any calendar year must not exceed US$100,000, or such other limit as may be prescribed by the Internal Revenue Code. Non-stock option awards mean a right granted to an award recipient under the 2023 Plan, which may include the grant of stock appreciation rights, restricted awards or other equity-based awards. No stock options have been issued under the 2023 Plan as at December 31, 2023. 2022 Plan Effective April 19, 2022 GreenPower adopted the 2022 Equity Incentive Plan (the "2022 Plan"), which was further ratified on February 21, 2023, and which replaced the 2019 Plan. Under the 2022 Plan the Company can grant equity-based incentive awards in the form of stock options ("Options"), restricted share units ("RSUs"), performance share units ("PSUs") and deferred share units ("DSUs"). RSU's, DSU's and PSU's are collectively referred to as "Performance Based Awards". The 2022 Plan is a Rolling Plan for Options and a fixed-plan for Performance-Based Awards such that the aggregate number of Shares that: (i) may be issued upon the exercise or settlement of Options granted under the 2022 Plan (and all of the Company's other Security-Based Compensation Arrangements), shall not exceed 10% of the Company's issued and outstanding Shares from time to time, and (ii) may be issued in respect of Performance-Based Awards granted under the 2022 Plan (and all of the Company's other Security-Based Compensation Arrangements) shall not exceed 2,467,595. No performance-based awards have been issued as at December 31, 2023 or as at December 31, 2022. The 2022 Plan is considered an "evergreen" plan, since Options which have been exercised, cancelled, terminated, surrendered, forfeited or expired without being exercised shall be available for subsequent grants under the 2022 Plan and the number of awards available to grant increases as the number of issued and outstanding Shares increases. Stock Option Plans from Prior Periods On May 14, 2019, the Company replaced the 2016 Plan with a Rolling Stock Option Plan (the "2019 Plan"). Under the terms of the 2019 Plan, the aggregate number of Options that can be granted under the 2019 Plan cannot exceed ten (10%) of the total number of issued and outstanding Shares, calculated on a non-diluted basis. The exercise price of options granted under the 2019 Plan may not be less than the minimum prevailing price permitted by the TSXV policies with a maximum term of 10 years. On March 9, 2016, the shareholders approved the previous stock option plan which initially allowed for the issuance of up to 1,491,541 shares and which was subsequently further increased to allow up to 2,129,999 shares to be issued under the plan (the "2016 Plan"). Prior to the adoption of the 2016 Plan, the Company had adopted an incentive stock option plan (the "Plan"), whereby it could grant options to directors, officers, employees, and consultants of the Company. The Company had the following incentive stock options granted under the 2022 Plan, the 2019 Plan, and 2016 Plan that are issued and outstanding as at December 31, 2023: Exercise Balance Forfeited Balance Expiry Date Price March 31, 2023 Granted Exercised or Expired December 31, 2023 May 4, 2023 CDN $ 3.50 57,144 - (42,858 ) (14,286 ) - November 30, 2023 CDN $ 3.01 50,000 - (15,000 ) (35,000 ) - February 12, 2024 CDN $ 3.50 71,787 - (357 ) - 71,430 January 30, 2025 CDN $ 2.59 254,640 - (10,714 ) (5,714 ) 238,212 February 11, 2025 CDN $ 8.32 50,000 - - - 50,000 July 3, 2025 CDN $ 4.90 16,071 - - (1,072 ) 14,999 November 19, 2025 US $ 20.00 300,000 - - - 300,000 December 4, 2025 US $ 20.00 20,000 - - - 20,000 May 18, 2026 CDN $ 19.62 73,275 - - (8,825 ) 64,450 December 10, 2026 CDN $ 16.45 553,500 - - (26,500 ) 527,000 July 4, 2027 CDN $ 4.25 15,000 - - - 15,000 November 2, 2027 US $ 2.46 10,000 - - - 10,000 February 14, 2028 CDN $ 3.80 645,000 - (2,500 ) (5,000 ) 637,500 March 28, 2028 CDN $ 2.85 100,000 - - (87,500 ) 12,500 Total outstanding 2,216,417 - (71,429 ) (183,897 ) 1,961,091 Total exercisable 1,265,128 1,412,103 Weighted Average Exercise Price (CDN$) $ 10.72 $ - $ 3.27 $ 5.73 $ 11.46 Weighted Average Remaining Life 3.4 years 2.8 years As at December 31, 2023, there were 536,596 stock options available for issuance under the 2023 Plan and 2022 Plan, and 2,467,595 performance based awards available for issuance under the 2023 Plan and the 2022 Plan. During the nine months ended December 31, 2023: • the Company issued 71,429 common shares pursuant to the exercise of stock options at a weighted average exercise price of CDN$3.27 per share for gross proceeds of CDN$233,652. • 49,286 stock options exercisable at CDN$3.15 per share expired unexercised. • 134,611 stock options exercisable at a weighted average share price of CDN$6.67 were forfeited. • During the nine months ended December 31, 2023, the Company incurred share-based compensation expense with a measured fair value of $1,377,885 (December 31, 2022 - $3,177,449). The fair value of the options granted and vested were recorded as share-based payments on the Consolidated Condensed Interim Statements of Operations and Comprehensive Profit and Loss.

Deferred Revenue

Deferred Revenue	9 Months Ended
	Dec. 31, 2023
Accruals And Deferred Income Including Contract Liabilities Abstract
Deferred Revenue [Text Block]	13. The Company recorded Deferred Revenue of $10,727,291 for deposits received from customers for the sale of all-electric vehicles and parts which were not delivered as at December 31, 2023 (March 31, 2023 - $9,998,609). Nine months ended Year ended December 31, 2023 March 31, 2023 Deferred Revenue, beginning balance $ 9,998,609 $ 6,514,712 Additions to deferred revenue during the period 4,059,843 11,576,344 Deposits returned (231,415 ) (302,298 ) Revenue recognized from deferred revenue (3,099,746 ) (7,790,149 ) Deferred Revenue, end of period $ 10,727,291 $ 9,998,609 Current portion of deferred revenue $ 8,206,961 $ 8,059,769 Long term portion of deferred revenue $ 2,520,330 1,938,840 Total $ 10,727,291 $ 9,998,609

Financial Instruments

Financial Instruments	9 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about financial instruments [abstract]
Financial Instruments [Text Block]	14. The Company's financial instruments consist of cash, accounts receivable, promissory note receivable, finance lease receivables, restricted deposit, line of credit, loans payable to related parties, term loan, accounts payable and accrued liabilities, other liabilities and lease liabilities. Financial instruments measured at fair value are classified into one of three levels in the fair value hierarchy according to the relative reliability of the inputs used to estimate the fair values. The three levels of the fair value hierarchy are: Level 1: Level 2: Level 3: The fair value of the Company's financial instruments approximates their carrying value, unless otherwise noted. The Company has exposure to the following financial instrument-related risks. Credit risk The Company's exposure to credit risk is on its cash, accounts receivable, promissory note receivable, and on its finance lease receivables and restricted deposit. The maximum exposure to credit risk is their carrying amounts in the consolidated statement of Financial Position. The Company's cash is comprised of cash bank balances. The Company's restricted deposit is an interest-bearing term deposit. Both cash and the restricted deposit are held in major financial institutions in Canada and the United States with a high credit quality and therefore the Company is exposed to minimal credit risk on these assets. The Company assesses the credit risk of its account receivable and finance lease receivables and promissory note receivable at each reporting period end and on an annual basis. As at December 31, 2023 three customers (December 31, 2022 - two) had accounts receivable balances that were more than 10% of the company's total accounts receivable balance, and collectively these customers represented 49.3% (December 31, 2022 - 53%) of the Company's accounts receivable balance. As at December 31, 2023 the Company recognized an allowance for credit losses against its accounts receivable of $329,743 and an allowance against Promissory Note Receivable of $131,089 (March 31, 2023 - $139,370 and nil) (Note 4). During the three and nine months ended December 31, 2023 the Company recognized an impairment of $423,267 on finance leases. The impairment is related to a significant increase in credit risk associated with finance leases for five vehicles with one customer, and represents the lifetime expected credit loss on the finance lease receivable. Liquidity risk The Company tries to ensure that there is sufficient capital in order to meet short-term business requirements, after taking into account the Company's cash balances and available liquidity on the Company's $8 million operating line of credit. The Company's cash is invested in bank accounts at major financial institutions in Canada and the United States and is available on demand. The continuation of the Company as a going concern is dependent on future cash flows from operations including the successful sale and manufacture of electric vehicles to achieve a profitable level of operations and obtaining necessary financing to fund ongoing operations. The Company's ability to achieve its business objectives is subject to material uncertainty which casts substantial doubt upon the Company's ability to continue as a going concern (Note 1). The Company will continue to rely on additional financings to further its operations and meet its capital requirements. Market risks Market risk is the risk of loss that may arise from changes in market factors such as interest rates and foreign exchange. The Company is exposed to interest rate risk with respect to its Line of Credit (Note 10). The Company is exposed to foreign exchange risk as it conducts business in both the United States and Canada. Management monitors its foreign currency balances, but the Company does not engage in any hedging activities to reduce its foreign currency risk. At December 31, 2023, the Company was exposed to currency risk through the following financial assets and liabilities in Canadian Dollars: Cash $ 500,653 Accounts Receivable $ 732,199 Sales tax receivable $ 112,372 Prepaids and deposits $ - Finance lease receivable $ 69,636 Accounts payable and accrued liabilities $ (264,853 ) Related party loan and interest payable $ (3,670,000 ) The CDN/USD exchange rate as at December 31, 2023 was $0.7561 (March 31, 2023 - $0.7389). Based on the net exposure and assuming all other variables remain constant, a 10% change in the appreciation or depreciation of the Canadian dollar relative to the US dollar would result in a change of approximately $190,500 to net income/(loss).

Related Party Transactions

Related Party Transactions	9 Months Ended
	Dec. 31, 2023
Related Party Transactions Abstract
Related Party Transactions [Text Block]	15. Related Party Transactions A summary of compensation and other amounts paid to directors, officers and key management personnel is as follows: For the Three Months Ended Dec 31, 2023 Dec 31, 2022 Salaries and Benefits (1) $ 133,652 $ 194,782 Consulting fees (2) 129,560 85,000 Non-cash Options Vested (3) 127,231 260,625 Total $ 390,443 $ 540,407 For the Nine Months Ended Dec 31, 2023 Dec 31, 2022 Salaries and Benefits (1) $ 422,609 $ 467,539 Consulting fees (2) 400,373 311,250 Non-cash Options Vested (3) 833,011 1,829,998 Total $ 1,655,993 $ 2,608,787 1) 2) 3) Accounts payable and accrued liabilities at December 31, 2023 included $110,528 (March 31, 2023 - $208,215) owed to officers, directors, and companies controlled by officers and directors, and shareholders, which is non-interest bearing, unsecured and has no fixed terms of repayment. During the year ended March 31, 2023, the Company received loans totaling CAD$3,670,000 and US$25,000 from FWP Holdings LLC, a company that is beneficially owned by the CEO and Chairman of the Company, and CAD$250,000 was loaned to the Company from Countryman Investments Ltd., a company beneficially owned by a Director of the Company. The loans bear interest at 12.0% per annum plus such additional bonus interest, if any, as may be agreed to and approved by GreenPower's Board of Directors at a later date. During the nine months ended December 31, 2023 no additional related party loans were received by the Company, and the CAD $250,000 loan plus accrued interest from Countryman Investments Ltd. was repaid, and the US$25,000 loan from FWP Holdings LLC was repaid. The remaining loans from FWP Holdings LLC matured on March 31, 2023, however the CAD $3,670,000 principal balance is outstanding as at December 31, 2023. During the nine months ended December 31, 2023, $247,414 of interest was expensed on related party loans (December 31, 2022 - $177,174). The Company has agreed to grant the lenders a general security assignment on the assets of GreenPower Motor Company Inc., which will be subordinated to any security assignment of senior lenders. A director of the Company, David Richardson, and the Company's CEO and Chairman Fraser Atkinson, have each provided personal guarantees of $2,510,000, or $5,020,000 in total to support the Company's $8 million operating line of credit (Note 10).

Segmented information and suppl

Segmented information and supplemental cash flow disclosure	9 Months Ended
	Dec. 31, 2023
Disclosure Of Operating Segments Abstract
Segmented information and supplemental cash flow disclosure [Text Block]	16. Segmented information and supplemental cash flow disclosure The Company operates in one reportable operating segment, being the manufacture and distribution of all-electric medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector. The Company's revenues allocated by geography for the three months ended December 31, 2023 and 2022 are as follows: For the Three Months Ended December 31, 2023 December 31, 2022 United States of America $ 6,914,740 $ 12,803,038 Canada 1,243,191 - Total $ 8,157,931 $ 12,803,038 The Company's revenues allocated by geography for the nine months ended December 31, 2023 and 2022 are as follows: For the Three Months Ended December 31, 2023 December 31, 2022 United States of America $ 31,998,403 $ 24,221,834 Canada 2,128,546 169,768 Total $ 34,178,949 $ 24,391,602 As at December 31, 2023 and March 31, 2023, over 95% of the Company's consolidated non-current assets, being property and equipment and right of use assets, are located in the United States. The Company's cash payments of interest and taxes during the nine months ended December 31, 2023 and 2022 are as follows: For the nine months ended December 31, 2023 December 31, 2022 Interest paid $ 516,646 $ 447,944 Taxes paid $ - $ - The Company recognized other income of nil during the nine months ended December 31, 2023 and $72,867 during the nine months ended December 31, 2022 which was a gain on the sale of land that completed during the quarter ended December 31, 2022.

Term Loan and Deferred Benefit

Term Loan and Deferred Benefit of Government Assistance	9 Months Ended
	Dec. 31, 2023
Term Loan And Deferred Benefit Of Government Assistance [Abstract]
Term Loan and Deferred Benefit of Government Assistance [Text Block]	17. Term Loan and Deferred Benefit of Government Assistance As part of the acquisition of Lion Truck Body Inc. that closed on July 7, 2022, the Company agreed to assume a term loan from the seller, with principal outstanding of approximately $1.5 million as at December 31, 2023, an interest rate of 3.75%, a maturity in May 2050, and fixed monthly payments. The carrying value of the term loan is determined by discounting the remaining payments at a market rate of interest. The carrying value of the term loan as at December 31, 2023 is $609,250 (March 31, 2023 - $610,218). The below market rate of interest on the loan represents the deferred benefit of government assistance, the carrying value of which is $672,611 as at December 31, 2023 (March 31, 2023 - $686,341).

Warranty Liability

Warranty Liability	9 Months Ended
	Dec. 31, 2023
Warranty Provision Abstract
Warranty Liability [Text Block]	18. Warranty Liability The Company generally provides its customers with a base warranty on its vehicles including those covering brake systems, lower-level components, fleet defect provisions and battery-related components. The majority of warranties cover periods of five years, with some variation depending on the contract. Management estimates the related provision for future warranty claims based on historical warranty claim information as well as recent trends that might suggest past cost information may differ from future claims. This assessment relies on estimates and assumptions about expenditures on future warranty claims. Actual warranty disbursements are inherently uncertain, and differences may impact cash expenditures on these claims. It is expected that the Company will incur approximately $743,230 in warranty costs within the next twelve months, with disbursements for the remaining warranty liability incurred after this date. An accrual for expected future warranty expenditures is recognized in the period when the revenue is recognized from the associated vehicle sale and is expensed in Product Development Costs in the Company's Sales, general and administrative costs. The following table summarizes changes in the warranty liability over the nine months ended December 31, 2023 and the year ended March 31, 2023: Nine Months Ended Year Ended December 31, 2023 March 31, 2023 Opening balance $ 2,077,749 $ 1,042,983 Warranty additions 1,173,779 1,375,673 Warranty disbursements (697,615 ) (339,349 ) Warranty expiry (147,108 ) - Foreign exchange translation (277 ) (1,557 ) Total $ 2,406,529 $ 2,077,749 Current portion $ 743,230 $ 535,484 Long term portion 1,663,299 1,542,265 Total $ 2,406,529 $ 2,077,749

Litigation and Legal Matters

Litigation and Legal Matters	9 Months Ended
	Dec. 31, 2023
Disclosure Of Commitments And Contingent Liabilities [Abstract]
Litigation and Legal Matters [Text Block]	19. Litigation and Legal Matters The Company has filed a civil claim against the prior CEO and Director of the Company in the Province of British Columbia, and the prior CEO and Director of the Company has filed a response with a counterclaim for wrongful dismissal in the Province of British Columbia. The prior CEO and Director of the Company also filed a similar claim in the state of California in regards to this matter, and this claim has been stayed pending the outcome of the claim in British Columbia. There has not been a resolution on the British Columbia claim or counterclaim, or the California claim as at December 31, 2023. In addition, a company owned and controlled by a former employee who provided services to a subsidiary company of GreenPower until August 2013 filed a claim for breach of confidence against GreenPower in July 2020, and this claim has not been resolved as at December 31, 2023. During April 2023 the Company repossessed 27 EV Stars and 10 EV Star CC's after a lease termination due to non-payment (Note 5). In addition, the Company repossessed 1 EV Star from the same customer due to non-payment. During May 2023 this customer filed a claim in the state of California against the Company and a subsidiary, and this matter has not been resolved as at December 31, 2023. The Company has not booked a provision for the claims or the counterclaim as it does not believe there is a remote or estimable material financial impact as at December 31, 2023.

Subsequent Events

Subsequent Events	9 Months Ended
	Dec. 31, 2023
Disclosure Of Nonadjusting Events After Reporting Period Abstract
Subsequent Events [Text Block]	20. On January 9, 2024, 14,286 common shares were issued at CAD$3.50 per share for gross proceeds of CAD$50,001 pursuant to the exercise of stock options. On January 24, 2024 12,500 stock options exercisable at CAD$2.85 per share were forfeited. During February 2024 the Company entered into a $5,000,000 revolving loan facility (the "Loan") from Export Development Canada ("EDC"). The Loan will be used to finance working capital investments to deliver all-electric vehicles to customers under purchase orders approved by EDC. The Loan allows advances over a 24-month period, has a term of 36 months, and bears interest at a floating rate of US Prime + 5% per annum. The Company has granted EDC a first and second ranking security interest over property of the Company and certain subsidiaries, and the Company and certain subsidiaries have provided Guarantees to EDC.

Material Accounting Policies (P

Material Accounting Policies (Policies)	9 Months Ended
	Dec. 31, 2023
Disclosure Of Detailed Information About Significant Accounting Policies [Abstract]
Basis of presentation [Policy Text Block]	Basis of presentation GreenPower has applied the same accounting policies and methods of computation in its Consolidated Condensed Interim Financial Statements as in the annual audited financial statements for the year ended March 31, 2023, except for the following which either did not apply to the prior year or are amendments which apply for the current fiscal year.
Adoption of accounting standards [Policy Text Block]	Adoption of accounting standards Certain new accounting standards have been published by the IASB that are effective for annual reporting periods beginning on or after January 1, 2023, as follows: Amendments to these standards did not cause a change to the Company's financial statements.
Future accounting pronouncements [Policy Text Block]	Future accounting pronouncements Certain new accounting standards and interpretations have been published by the IASB that are mandatory for the annual period beginning April 1, 2024. The Company has reviewed new and revised accounting pronouncements that have been issued but are not yet effective. The Company has not early adopted any of these standards and is currently evaluating the impact, if any, that these standards might have on its consolidated condensed interim financial statements.

Finance Lease Receivable (Table

Finance Lease Receivable (Tables)	9 Months Ended
	Dec. 31, 2023
Disclosure of Finance Lease Receivables [Abstract]
Disclosure of payments to be received on finance lease receivables [Table Text Block]	31-Dec-23 Year 1 $ 364,205 Year 2 364,205 Year 3 372,605 Year 4 346,200 Year 5 691,702 less: amount representing interest income (923,681 ) Finance Lease Receivable $ 1,215,236 Current Portion of Finance Lease Receivable $ 137,535 Long Term Portion of Finance Lease Receivable $ 1,077,701

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Dec. 31, 2023
Classes of current inventories [abstract]
Disclosure of inventories [Table Text Block]	December 31, 2023 March 31, 2023 Work in Process and Parts $ 16,036,373 $ 9,737,474 Finished Goods 16,865,666 31,871,760 Total $ 32,902,039 $ 41,609,234

Right of Use Assets and Lease_2

Right of Use Assets and Lease Liabilities (Tables)	9 Months Ended
	Dec. 31, 2023
Disclosure of Right of Use Assets and Lease Liabilities [Abstract]
Disclosure of changes in right of use assets [Table Text Block]	Right of Use Assets, March 31, 2023 $ 4,845,738 Depreciation (592,985 ) Transfer to deposit (5,000 ) Additions during the period 69,131 Right of Use Assets, December 31, 2023 $ 4,316,884 Right of Use Assets, March 31, 2022 $ 116,678 Additions 4,968,446 Additions in acquisition 448,512 Depreciation (571,793 ) Removal (101,105 ) Transfer to deposit (15,000 ) Right of Use Assets, March 31, 2023 $ 4,845,738
Disclosure of payments on lease liabilities [Table Text Block]	31-Dec-23 1 year $ 1,027,585 thereafter $ 5,746,378 less amount representing interest expense $ (1,967,253 ) Lease liability $ 4,806,710 Current Portion of Lease Liabilities $ 686,723 Long Term Portion of Lease Liabilities $ 4,119,987

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Dec. 31, 2023
Property Plant And Equipment Abstract
Disclosure of property and equipment [Table Text Block]	Property and Equipment, March 31, 2023 $ 2,604,791 plus: purchases 291,249 plus: transferred from inventory 275,378 less: depreciation (761,798 ) plus: foreign exchange translation 2,583 Property and Equipment, December 31, 2023 $ 2,412,203 Property and Equipment, March 31, 2022 $ 3,443,317 plus: purchases 355,992 plus: acquired in acquisition 268,252 less: sold (801,317 ) less: depreciation (662,152 ) plus: foreign exchange translation 699 Property and Equipment, March 31, 2023 $ 2,604,791

Stock options (Tables)

Stock options (Tables)	9 Months Ended
	Dec. 31, 2023
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement Abstract
Disclosure of incentive stock options granted under the plan [Table Text Block]	Exercise Balance Forfeited Balance Expiry Date Price March 31, 2023 Granted Exercised or Expired December 31, 2023 May 4, 2023 CDN $ 3.50 57,144 - (42,858 ) (14,286 ) - November 30, 2023 CDN $ 3.01 50,000 - (15,000 ) (35,000 ) - February 12, 2024 CDN $ 3.50 71,787 - (357 ) - 71,430 January 30, 2025 CDN $ 2.59 254,640 - (10,714 ) (5,714 ) 238,212 February 11, 2025 CDN $ 8.32 50,000 - - - 50,000 July 3, 2025 CDN $ 4.90 16,071 - - (1,072 ) 14,999 November 19, 2025 US $ 20.00 300,000 - - - 300,000 December 4, 2025 US $ 20.00 20,000 - - - 20,000 May 18, 2026 CDN $ 19.62 73,275 - - (8,825 ) 64,450 December 10, 2026 CDN $ 16.45 553,500 - - (26,500 ) 527,000 July 4, 2027 CDN $ 4.25 15,000 - - - 15,000 November 2, 2027 US $ 2.46 10,000 - - - 10,000 February 14, 2028 CDN $ 3.80 645,000 - (2,500 ) (5,000 ) 637,500 March 28, 2028 CDN $ 2.85 100,000 - - (87,500 ) 12,500 Total outstanding 2,216,417 - (71,429 ) (183,897 ) 1,961,091 Total exercisable 1,265,128 1,412,103 Weighted Average Exercise Price (CDN$) $ 10.72 $ - $ 3.27 $ 5.73 $ 11.46 Weighted Average Remaining Life 3.4 years 2.8 years

Deferred Revenue (Tables)

Deferred Revenue (Tables)	9 Months Ended
	Dec. 31, 2023
Accruals And Deferred Income Including Contract Liabilities Abstract
Disclosure of deferred revenue [Table Text Block]	Nine months ended Year ended December 31, 2023 March 31, 2023 Deferred Revenue, beginning balance $ 9,998,609 $ 6,514,712 Additions to deferred revenue during the period 4,059,843 11,576,344 Deposits returned (231,415 ) (302,298 ) Revenue recognized from deferred revenue (3,099,746 ) (7,790,149 ) Deferred Revenue, end of period $ 10,727,291 $ 9,998,609 Current portion of deferred revenue $ 8,206,961 $ 8,059,769 Long term portion of deferred revenue $ 2,520,330 1,938,840 Total $ 10,727,291 $ 9,998,609

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Dec. 31, 2023
Disclosure of detailed information about financial instruments [abstract]
Disclosure of foreign currency risk [Table Text Block]	Cash $ 500,653 Accounts Receivable $ 732,199 Sales tax receivable $ 112,372 Prepaids and deposits $ - Finance lease receivable $ 69,636 Accounts payable and accrued liabilities $ (264,853 ) Related party loan and interest payable $ (3,670,000 )

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Dec. 31, 2023
Related Party Transactions Abstract
Disclosure of transactions between related parties [Table Text Block]	For the Three Months Ended Dec 31, 2023 Dec 31, 2022 Salaries and Benefits (1) $ 133,652 $ 194,782 Consulting fees (2) 129,560 85,000 Non-cash Options Vested (3) 127,231 260,625 Total $ 390,443 $ 540,407 For the Nine Months Ended Dec 31, 2023 Dec 31, 2022 Salaries and Benefits (1) $ 422,609 $ 467,539 Consulting fees (2) 400,373 311,250 Non-cash Options Vested (3) 833,011 1,829,998 Total $ 1,655,993 $ 2,608,787

Segmented information and sup_2

Segmented information and supplemental cash flow disclosure (Tables)	9 Months Ended
	Dec. 31, 2023
Disclosure Of Operating Segments Abstract
Disclosure of revenues allocated by geography [Table Text Block]	For the Three Months Ended December 31, 2023 December 31, 2022 United States of America $ 6,914,740 $ 12,803,038 Canada 1,243,191 - Total $ 8,157,931 $ 12,803,038 For the Three Months Ended December 31, 2023 December 31, 2022 United States of America $ 31,998,403 $ 24,221,834 Canada 2,128,546 169,768 Total $ 34,178,949 $ 24,391,602
Disclosure of detailed information about cash payments of interest and taxes [Table Text Block]	For the nine months ended December 31, 2023 December 31, 2022 Interest paid $ 516,646 $ 447,944 Taxes paid $ - $ -

Warranty Liability (Tables)

Warranty Liability (Tables)	9 Months Ended
	Dec. 31, 2023
Warranty Provision Abstract
Disclosure of warranty liability [Table Text Block]	Nine Months Ended Year Ended December 31, 2023 March 31, 2023 Opening balance $ 2,077,749 $ 1,042,983 Warranty additions 1,173,779 1,375,673 Warranty disbursements (697,615 ) (339,349 ) Warranty expiry (147,108 ) - Foreign exchange translation (277 ) (1,557 ) Total $ 2,406,529 $ 2,077,749 Current portion $ 743,230 $ 535,484 Long term portion 1,663,299 1,542,265 Total $ 2,406,529 $ 2,077,749

Nature and Continuance of Ope_2

Nature and Continuance of Operations and Going Concern (Narrative) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Nature And Continuance Of Operations And Going Concern [Abstract]
Cash	$ 3,961,409	$ 600,402	$ 609,636	$ 6,888,322
Working capital	19,428,489
Accumulated deficit	(72,454,151)	(60,790,972)
Shareholder's equity	$ 18,052,671	$ 27,662,006	$ 27,302,791	$ 34,385,193

Cash (Narrative) (Details)

Cash (Narrative) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Disclosure Of Detailed Information About Cash And Restricted Cash [Line Items]
Cash	$ 3,961,409	$ 600,402	$ 609,636	$ 6,888,322
Cash	$ 3,961,409	$ 600,402

Accounts Receivable and Promi_2

Accounts Receivable and Promissory Note Receivable (Narrative) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023	Mar. 31, 2022
Accounts Receivable And Promissory Note Receivable [Abstract]
Allowance for credit losses	$ 329,743
Allowance for credit losses of promissory note receivable	$ 131,089	$ 139,370	$ 0

Finance Lease Receivable (Narra

Finance Lease Receivable (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disclosure of Finance Lease Receivables [Abstract]
Impairment related to finance lease	$ 423,267	$ 0	$ 423,267	$ 0

Finance Lease Receivable - Disc

Finance Lease Receivable - Disclosure of payments to be received on finance lease receivables (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Disclosure of maturity analysis of finance lease payments receivable [line items]
less: amount representing interest income	$ (923,681)
Finance Lease Receivable	1,215,236
Current Portion of Finance Lease Receivable	137,535	$ 1,051,873
Long Term Portion of Finance Lease Receivable	1,077,701	$ 1,918,483
Year 1 [Member]
Disclosure of maturity analysis of finance lease payments receivable [line items]
Payments to be received on Finance Lease Receivables	364,205
Year 2 [Member]
Disclosure of maturity analysis of finance lease payments receivable [line items]
Payments to be received on Finance Lease Receivables	364,205
Year 3 [Member]
Disclosure of maturity analysis of finance lease payments receivable [line items]
Payments to be received on Finance Lease Receivables	372,605
Year 4 [Member]
Disclosure of maturity analysis of finance lease payments receivable [line items]
Payments to be received on Finance Lease Receivables	346,200
Year 5 [Member]
Disclosure of maturity analysis of finance lease payments receivable [line items]
Payments to be received on Finance Lease Receivables	$ 691,702

Inventory (Narrative) (Details)

Inventory (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Classes of current inventories [abstract]
Inventory included in cost of sales	$ 5,645,273	$ 8,626,522	$ 25,506,204	$ 17,465,610
Inventory write-down	$ 408,651		$ 408,651

Inventory - Disclosure of inven

Inventory - Disclosure of inventories (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Classes of current inventories [abstract]
Work in Progress	$ 16,036,373	$ 9,737,474
Finished Goods	16,865,666	31,871,760
Total	$ 32,902,039	$ 41,609,234

Right of Use Assets and Lease_3

Right of Use Assets and Lease Liabilities (Narrative) (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2023 USD ($) Employees	Mar. 31, 2022 USD ($)
Disclosure Of Detailed Information About Right Of Use Assets And Lease Liabilities [Line Items]
Right of use assets carrying value	$ 4,316,884		$ 4,316,884		$ 4,845,738	$ 116,678
Discounted rate of interest	8%		8%
Interest expense incurred	$ 93,162	$ 95,770	$ 287,250	$ 135,044
Depreciation expense	190,563	187,704	592,985	384,328	571,793
Rental payments	$ 256,458	$ 91,993	$ 789,796	$ 315,751
South Charleston Development Authority [Member]
Disclosure Of Detailed Information About Right Of Use Assets And Lease Liabilities [Line Items]
Forgiveness on lease liability					$ 1,300,000
Number of employees set thereafter for eligible forgiveness | Employees					200
Additional forgiveness on lease liability					$ 500,000
Number of employees thereafter eligible for additional forgiveness | Employees					100
Total amount of forgiveness on lease liability					$ 6,700,000

Right of Use Assets and Lease_4

Right of Use Assets and Lease Liabilities - Disclosure of changes in right of use assets (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Mar. 31, 2023
Disclosure of Right of Use Assets and Lease Liabilities [Abstract]
Right of Use Assets, beginning of year			$ 4,845,738	$ 116,678	$ 116,678
Additions			69,131		4,968,446
Additions in acquisition					448,512
Depreciation	$ (190,563)	$ (187,704)	(592,985)	$ (384,328)	(571,793)
Removal					(101,105)
Transfer to deposit			(5,000)		(15,000)
Right of Use Assets, end of year	$ 4,316,884		$ 4,316,884		$ 4,845,738

Right of Use Assets and Lease_5

Right of Use Assets and Lease Liabilities - Disclosure of payments on lease liabilities (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Disclosure of maturity analysis of operating lease payments [line items]
less amount representing interest expense	$ (1,967,253)
Lease liability	4,806,710
Current Portion of Lease Liabilities	686,723	$ 669,040
Long Term Portion of Lease Liabilities	4,119,987	$ 4,570,811
Year 1 [Member]
Disclosure of maturity analysis of operating lease payments [line items]
Payments on Lease Liabilities	1,027,585
Thereafter [Member]
Disclosure of maturity analysis of operating lease payments [line items]
Payments on Lease Liabilities	$ 5,746,378

Property and Equipment- Disclos

Property and Equipment- Disclosure of property and equipment activities (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Property Plant And Equipment Abstract
Property, plant and equipment at beginning of period	$ 2,604,791	$ 3,443,317
plus: purchases	291,249	355,992
plus: acquired in acquisition		268,252
less: sold		(801,317)
Transferred from inventory	275,378
less: depreciation	(761,798)	(662,152)
plus: foreign exchange translation	2,583	699
Property, plant and equipment at end of period	$ 2,412,203	$ 2,604,791

Restricted deposit (Narrative)

Restricted deposit (Narrative) (Details)	1 Months Ended
	Jun. 23, 2023 USD ($)
Restricted Deposit [Abstract]
Restricted deposit	$ 400,000
Restricted deposit, term	1 year
Restricted deposit, interest rate	4.90%

Line of Credit (Narrative) (De

Line of Credit (Narrative) (Details) - USD ($)	9 Months Ended
	Dec. 31, 2023	Mar. 31, 2022
Line of Credit [Abstract]
Maximum credit limit under line of credit	$ 8,000,000	$ 8,000,000
Line of credit basis of interest rate	The Line of Credit bears interest at the bank's US Base Rate (December 31, 2023 - 9.0% plus 2.0% margin, March 31, 2023 - 8.0% plus 1.5% margin).
Personal guarantees provided by company directors	$ 5,020,000
Description of current ratio limit under line of credit	1.2:1
Line of credit subject to margin requirement	$ 5,000,000
Line of credit, drawn balance	$ 7,686,591	$ 6,612,232

Share Capital (Narrative) (Deta

Share Capital (Narrative) (Details)	1 Months Ended	9 Months Ended
	Sep. 30, 2022 USD ($)	Dec. 31, 2023 USD ($) Share shares	Dec. 31, 2022 USD ($) Share shares
Disclosure of classes of share capital [line items]
Number of stock options exercised | Share		71,429	3,322
Shares issued through ATM | shares		188,819	458,404
Proceeds from private placement and equity offering		$ 520,892
Share issuance costs		$ 14,904	$ 86,005
Top of range [Member]
Disclosure of classes of share capital [line items]
Proceeds from private placement and equity offering	$ 20,000,000

Stock options (Narrative) (Deta

Stock options (Narrative) (Details)	3 Months Ended		9 Months Ended
	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2023 CAD ($) Share Incentive_Plan $ / shares shares	Dec. 31, 2023 USD ($) Share Incentive_Plan shares	Dec. 31, 2022 USD ($) Share	Mar. 31, 2021 shares	Mar. 09, 2016 shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of incentive stock option plans | Incentive_Plan			2	2
Number of share options exercised in share-based payment arrangement | Share			71,429	71,429	3,322
Weighted average exercise price of share options exercised in share-based payment arrangement | $ / shares			$ 3.27
Proceeds from exercise of options			$ 233,652	$ 172,582	$ 8,761
Number of stock options expired | Share			49,286	49,286
Weighted average exercise price of stock options expired | $ / shares			$ 3.15
Number of share option forfeited | Share			134,611	134,611
Weighted average exercise price of stock options, forfeited | $ / shares			$ 6.67
Share-based payments | $	$ 259,188	$ 500,933		$ 1,377,885	$ 3,177,449
2023 Equity Incentive Plan (the "2023 Plan") [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Aggregate fair market value of stock options exercisable maximum | $				$ 100,000
Number of performance based awards available for issuance in share based arrangement	2,467,595		2,467,595	2,467,595
Number of stock options available for issuance in share based arrangement	536,596		536,596	536,596
2022 Equity Incentive Plan (the "2022 Plan") [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of performance based awards available for issuance in share based arrangement	2,467,595		2,467,595	2,467,595
Number of stock options available for issuance in share based arrangement	536,596		536,596	536,596
Fixed Stock Option Plan (the "2016 Plan") [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of stock options available for issuance in share based arrangement						2,129,999	1,491,541

Stock options - Disclosure of i

Stock options - Disclosure of incentive stock options granted under plan (Details)	9 Months Ended		12 Months Ended
	Dec. 31, 2023 Share $ / shares	Dec. 31, 2022 Share	Mar. 31, 2023 Share $ / shares	Dec. 31, 2023 Share $ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Beginning balance	2,216,417
Granted	0
Exercised	(71,429)	(3,322)
Forfeited or Expired	(183,897)
Ending balance	1,961,091		2,216,417
Total exercisable	1,412,103		1,265,128	1,412,103
Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 10.72
Weighted Average Exercise Price, Granted | $ / shares	0
Weighted Average Exercise Price, Exercised | $ / shares	3.27
Weighted Average Exercise Price, Forfeited or Expired | $ / shares	5.73
Weighted Average Exercise Price, Ending Balance | $ / shares	$ 11.46		$ 10.72
Weighted Average Remaining Life	2 years 9 months 18 days		3 years 4 months 24 days
May 4, 2023 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 3.5
Beginning balance	57,144
Granted	0
Exercised	(42,858)
Forfeited or Expired	(14,286)
Ending balance	0		57,144
November 30, 2023 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 3.01
Beginning balance	50,000
Granted	0
Exercised	(15,000)
Forfeited or Expired	(35,000)
Ending balance	0		50,000
February 12, 2024 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 3.5
Beginning balance	71,787
Granted	0
Exercised	(357)
Forfeited or Expired	0
Ending balance	71,430		71,787
January 30, 2025 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 2.59
Beginning balance	254,640
Granted	0
Exercised	(10,714)
Forfeited or Expired	(5,714)
Ending balance	238,212		254,640
February 11, 2025 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 8.32
Beginning balance	50,000
Granted	0
Exercised	0
Forfeited or Expired	0
Ending balance	50,000		50,000
July 3, 2025 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 4.9
Beginning balance	16,071
Granted	0
Exercised	0
Forfeited or Expired	(1,072)
Ending balance	14,999		16,071
November 19, 2025 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares				$ 20
Beginning balance	300,000
Granted	0
Exercised	0
Forfeited or Expired	0
Ending balance	300,000		300,000
December 4, 2025 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares				20
Beginning balance	20,000
Granted	0
Exercised	0
Forfeited or Expired	0
Ending balance	20,000		20,000
May 18, 2026 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 19.62
Beginning balance	73,275
Granted	0
Exercised	0
Forfeited or Expired	(8,825)
Ending balance	64,450		73,275
December 10, 2026 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 16.45
Beginning balance	553,500
Granted	0
Exercised	0
Forfeited or Expired	(26,500)
Ending balance	527,000		553,500
July 4, 2027 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 4.25
Beginning balance	15,000
Granted	0
Exercised	0
Forfeited or Expired	0
Ending balance	15,000		15,000
November 2, 2027 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares				$ 2.46
Beginning balance	10,000
Granted	0
Exercised	0
Forfeited or Expired	0
Ending balance	10,000		10,000
February 14, 2028 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 3.8
Beginning balance	645,000
Granted	0
Exercised	(2,500)
Forfeited or Expired	(5,000)
Ending balance	637,500		645,000
March 28, 2028 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Exercise Price | $ / shares	$ 2.85
Beginning balance	100,000
Granted	0
Exercised	0
Forfeited or Expired	(87,500)
Ending balance	12,500		100,000

Deferred Revenue (Narrative) (D

Deferred Revenue (Narrative) (Details) - USD ($)	Dec. 31, 2023	Mar. 31, 2023	Mar. 31, 2022
Accruals And Deferred Income Including Contract Liabilities Abstract
Deferred revenue	$ 10,727,291	$ 9,998,609	$ 6,514,712

Deferred Revenue - Disclosure o

Deferred Revenue - Disclosure of deferred revenue (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Accruals And Deferred Income Including Contract Liabilities Abstract
Deferred Revenue, beginning balance	$ 9,998,609	$ 6,514,712
Additions to deferred revenue during the period	4,059,843	11,576,344
Deposits returned	(231,415)	(302,298)
Revenue recognized from deferred revenue	(3,099,746)	(7,790,149)
Deferred Revenue, end of period	10,727,291	9,998,609
Current portion of deferred revenue	8,206,961	8,059,769
Long term portion of deferred revenue	$ 2,520,330	$ 1,938,840

Financial Instruments (Narrativ

Financial Instruments (Narrative) (Details)	3 Months Ended		9 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2023 USD ($) Customer	Dec. 31, 2022 USD ($) Customer	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses	$ 329,743		$ 329,743
Allowance for credit losses of promissory note receivable	131,089		131,089		$ 139,370	$ 0
Impairment related to finance lease	423,267	$ 0	423,267	$ 0
Credit risk [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses	329,743		329,743
Allowance for credit losses of promissory note receivable	131,089		131,089		$ 139,370	$ 0
Impairment related to finance lease	423,267		$ 423,267
Credit risk [Member] | Two Customers [Member]
Disclosure of detailed information about financial instruments [line items]
Number of customers | Customer				2
Percentage of the entity's accounts receivable				53%
Credit risk [Member] | Three Customers [Member]
Disclosure of detailed information about financial instruments [line items]
Number of customers | Customer			3
Percentage of the entity's accounts receivable			49.30%
Liquidity risk [Member]
Disclosure of detailed information about financial instruments [line items]
Operating line of credit	$ 8,000,000		$ 8,000,000
Market risk [Member]
Disclosure of detailed information about financial instruments [line items]
Closing foreign exchange rate	0.7561		0.7561		0.7389
Percentage of change in exchange rate			10%
Comprehensive loss due to change in exchange rate	$ 190,500		$ 190,500

Financial Instruments - Disclos

Financial Instruments - Disclosure of foreign currency risk (Details)	Dec. 31, 2023 CAD ($)	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)
Disclosure of detailed information about financial instruments [line items]
Cash		$ 3,961,409	$ 600,402
Accounts Receivable		3,921,063	$ 10,406,906
Finance Lease Receivable		$ 1,215,236
Currency risk [Member]
Disclosure of detailed information about financial instruments [line items]
Cash	$ 500,653
Accounts Receivable	732,199
Sales tax receivable	112,372
Prepaids and deposits	0
Finance Lease Receivable	69,636
Accounts payable and accrued liabilities	(264,853)
Related party loan and interest payable	$ (3,670,000)

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details)	3 Months Ended		9 Months Ended			12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2023 CAD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2023 CAD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Disclosure of transactions between related parties [line items]
Interest expense	$ 342,590	$ 465,188		$ 886,576	$ 1,112,485
Officers, directors, and companies controlled by officers and directors, and shareholders [Member]
Disclosure of transactions between related parties [line items]
Accounts payable and accrued liabilities							$ 208,215	$ 110,528
FWP Holdings LLC [Member]
Disclosure of transactions between related parties [line items]
Total loans received from companies owned by CEO and Chairman						$ 3,670,000	25,000
Loans repaid				$ 25,000
Loans outstanding			$ 3,670,000
Interest expense					$ 177,174		$ 247,414
Countryman Investments Ltd [Member]
Disclosure of transactions between related parties [line items]
Total loans received from companies owned by CEO and Chairman						$ 250,000
Interest rate per annum							12%
Loans repaid			$ 250,000
Director, CEO and Chairman [Member]
Disclosure of transactions between related parties [line items]
Personal guarantee amount to support operating line of credit								2,510,000
Joint guarantee amount to support operating line of credit								5,020,000
Operating line of credit								$ 8,000,000

Related Party Transactions - Di

Related Party Transactions - Disclosure of compensation for directors, officers and key management personnel (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Related Party Transactions Abstract
Salaries and Benefits	$ 133,652	$ 194,782	$ 422,609	$ 467,539
Consulting fees	129,560	85,000	400,373	311,250
Non-cash Options Vested	127,231	260,625	833,011	1,829,998
Total	$ 390,443	$ 540,407	$ 1,655,993	$ 2,608,787

Segmented information and sup_3

Segmented information and supplemental cash flow disclosure (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Operating Segments Abstract
Other income	$ 0	$ 72,867	$ 0	$ 72,867

Segmented information and sup_4

Segmented information and supplemental cash flow disclosure - Disclosure of revenues allocated by geography (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Disclosure of operating segments [line items]
Revenue	$ 8,157,931	$ 12,803,038	$ 34,178,949	$ 24,391,602
United States of America [Member]
Disclosure of operating segments [line items]
Revenue	6,914,740	12,803,038	31,998,403	24,221,834
Canada [Member]
Disclosure of operating segments [line items]
Revenue	$ 1,243,191	$ 0	$ 2,128,546	$ 169,768

Segmented information and sup_5

Segmented information and supplemental cash flow disclosure - Disclosure of cash payments of interest and taxes (Details) - USD ($)	9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Operating Segments Abstract
Interest paid	$ 516,646	$ 447,944
Taxes paid	$ 0	$ 0

Term Loan and Deferred Benefi_2

Term Loan and Deferred Benefit of Government Assistance (Narrative) (Details) - Lion Truck Body Inc [Member] - USD ($)	9 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Disclosure of transactions recognised separately from acquisition of assets and assumption of liabilities in business combination [line items]
Principal outstanding term loan	$ 1,500,000
Interest rate per annum	3.75%
Term loan maturity	May 2050
Carrying value of term loan	$ 609,250	$ 610,218
Deferred benefit of government assistance	$ 672,611	$ 686,341

Warranty Liability (Narrative)

Warranty Liability (Narrative) (Details)	9 Months Ended
	Dec. 31, 2023 USD ($)
Warranty Provision Abstract
Warranty costs to be incurred within the next twelve months	$ 743,230

Warranty Liability - Disclosure

Warranty Liability - Disclosure of warranty liability (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2023	Mar. 31, 2023
Warranty Provision Abstract
Opening balance	$ 2,077,749	$ 1,042,983
Warranty additions	1,173,779	1,375,673
Warranty disbursements	(697,615)	(339,349)
Warranty expiry	(147,108)	0
Foreign exchange translation	(277)	(1,557)
Total	2,406,529	2,077,749
Current portion	743,230	535,484
Long term portion	1,663,299	1,542,265
Total	$ 2,406,529	$ 2,077,749

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details)			1 Months Ended	9 Months Ended
	Jan. 24, 2024 Share $ / shares	Jan. 09, 2024 CAD ($) $ / shares shares	Feb. 29, 2024 USD ($)	Dec. 31, 2023 CAD ($) Share $ / shares	Dec. 31, 2023 USD ($) Share	Dec. 31, 2022 USD ($)
Disclosure of non-adjusting events after reporting period [line items]
Weighted average price				$ 3.27
Gross proceeds of transaction fees				$ 233,652	$ 172,582	$ 8,761
Number of share option forfeited | Share				134,611	134,611
Stock options forfeited, exercise price				$ 6.67
Interest rate basis				The Line of Credit bears interest at the bank's US Base Rate (December 31, 2023 - 9.0% plus 2.0% margin, March 31, 2023 - 8.0% plus 1.5% margin).	The Line of Credit bears interest at the bank's US Base Rate (December 31, 2023 - 9.0% plus 2.0% margin, March 31, 2023 - 8.0% plus 1.5% margin).
Events after reporting period [Member]
Disclosure of non-adjusting events after reporting period [line items]
Number of shares issued | shares		14,286
Weighted average price		$ 3.5
Gross proceeds of transaction fees | $		$ 50,001
Number of share option forfeited | Share	12,500
Stock options forfeited, exercise price	$ 2.85
Revolving Loan Facility [Member]
Disclosure of non-adjusting events after reporting period [line items]
Revolving loan facility | $			$ 5,000,000
Interest rate basis			The Loan allows advances over a 24-month period, has a term of 36 months, and bears interest at a floating rate of US Prime + 5% per annum.