17. Trade Payables
|12 Months Ended|
Mar. 31, 2019
|Accounts Payable [Abstract]|
On March 31, 2019 and March 31, 2018, amounts due to a single related party were $938 or 3% and $1,478 or 16%, respectively.
During the years ended March 31, 2019 and 2018, the Company received guaranty fees of $0 and $709, respectively, pursuant to a reverse repurchase agreement. The reverse repurchase agreement specifies that the Company has a right to claim a certain amount to be placed as a guaranty fee if the share price of the pledged securities falls significantly from the price as of the date of the transaction. In the event the price of the pledged securities falls further, the Company can require an increase in the guaranty fee. The reverse repurchase agreement under which guaranty fees were received was closed during the year ended March 31, 2019.
The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef