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DEBT (Tables)
9 Months Ended
Dec. 31, 2019
DEBT  
Schedule of outstanding debt obligations

 

 

 

 

 

 

 

 

    

December 31, 2019

    

March 31, 2019

Berkshire Term Loan due December 2021

 

$

2,588,183

 

$

2,656,985

People’s Equipment Loan Facility due April 2021

 

 

1,073,373

 

 

1,606,953

Obligation under finance lease

 

 

25,279

 

 

33,411

Total debt

 

$

3,686,835

 

$

4,297,349

Less: debt issue costs unamortized

 

$

37,369

 

$

64,702

Total debt, net

 

$

3,649,466

 

$

4,232,647

Less: Current portion of long-term debt

 

$

1,167,518

 

$

822,105

Total long-term debt, net

 

$

2,481,948

 

$

3,410,542