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DEBT (Tables)
6 Months Ended
Sep. 30, 2019
DEBT  
Schedule of outstanding debt obligations

 

 

 

 

 

 

 

 

    

September 30, 2019

    

March 31, 2019

Berkshire Term Loan due January 2022

 

$

2,611,672

 

$

2,656,985

People’s Equipment Loan Facility due April 2021

 

 

1,254,745

 

 

1,606,953

Obligation under finance lease

 

 

28,043

 

 

33,411

Total debt

 

$

3,894,460

 

$

4,297,349

Less: debt issue costs unamortized

 

$

45,737

 

$

64,702

Total debt, net

 

$

3,848,723

 

$

4,232,647

Less: Current portion of long-term debt

 

$

853,888

 

$

822,105

Total long-term debt, net

 

$

2,994,835

 

$

3,410,542