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Notes Payable
12 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Notes Payable

The following table summarizes our notes payable:

 

   March 31, 2019  March 31, 2018
   Principal  Accrued     Principal  Accrued   
   Balance  Interest  Total  Balance  Interest  Total
                   
7.75% (2019) and 7.15% (2018) Notes payable                              
to insurance premium financing company (current)  $57,300   $—     $57,300   $53,900   $—     $53,900 

 

In February 2018, we executed a 7.15% promissory note in the principal amount of $59,700 in connection with certain insurance policy premiums. That note was payable in monthly installments of $6,200, including principal and interest, through December 2018, when it was paid in full. In May 2018, we executed a 6.50% promissory note in the principal amount of $160,500 in connection with other insurance policy premiums. That note was payable in monthly installments of $16,500, including principal and interest, through March 2019, when it was paid in full. In February 2019, we executed a 7.75% promissory note in the face amount of $63,500 in connection with other insurance policy premiums. The note is payable in monthly installments of $6,600, including principal and interest, through December 2019, and has an outstanding balance of $57,300 at March 31, 2019.