XML 45 R33.htm IDEA: XBRL DOCUMENT v3.21.1
DEBT (Tables)
12 Months Ended
Mar. 31, 2021
DEBT  
Schedule of outstanding debt obligations

 

 

 

 

 

 

 

Long-term debt included the following as of March 31:

    

2021

    

2020

Berkshire Term Loan due December 2021

 

$

2,466,408

 

$

2,564,389

Berkshire SBA PPP loan at 1% interest, due May 2022

 

 

1,317,100

 

 

 —

Obligations under finance lease

 

 

45,663

 

 

22,460

Total debt

 

$

3,829,171

 

$

2,586,849

Less: debt issue costs unamortized

 

$

12,270

 

$

20,460

Total debt, net

 

$

3,816,901

 

$

2,566,389

Less: Current portion of long-term debt

 

$

2,474,963

 

$

109,829

Total long-term debt, net

 

$

1,341,938

 

$

2,456,560